FreeAgent vs. QuickBooks Self-Employed

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
FreeAgent
Score 8.4 out of 10
N/A
FreeAgent is an cloud-based accounting system designed for small businesses and freelancers. FreeAgent supports many core accounting features and bank reconciliation, payroll, tax management, project level accounting, and multiple currency support. It is mobile-accessible, and integrates with many apps.N/A
QuickBooks Self-Employed
Score 9.3 out of 10
N/A
N/AN/A
Pricing
FreeAgentQuickBooks Self-Employed
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
FreeAgentQuickBooks Self-Employed
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
FreeAgentQuickBooks Self-Employed
Top Pros
Top Cons
Features
FreeAgentQuickBooks Self-Employed
Payroll Management
Comparison of Payroll Management features of Product A and Product B
FreeAgent
8.6
13 Ratings
18% above category average
QuickBooks Self-Employed
7.8
3 Ratings
8% above category average
Pay calculation8.012 Ratings10.02 Ratings
Benefit plan administration8.56 Ratings5.02 Ratings
Direct deposit files8.92 Ratings8.03 Ratings
Salary revision and increment management8.86 Ratings8.02 Ratings
Reimbursement management8.78 Ratings8.03 Ratings
Customization
Comparison of Customization features of Product A and Product B
FreeAgent
6.3
12 Ratings
8% below category average
QuickBooks Self-Employed
10.0
5 Ratings
38% above category average
API for custom integration4.59 Ratings10.04 Ratings
Plug-ins8.011 Ratings10.04 Ratings
Security
Comparison of Security features of Product A and Product B
FreeAgent
8.5
14 Ratings
8% above category average
QuickBooks Self-Employed
10.0
8 Ratings
24% above category average
Single sign-on capability9.013 Ratings10.08 Ratings
Role-based user permissions8.013 Ratings10.05 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
FreeAgent
7.5
21 Ratings
1% above category average
QuickBooks Self-Employed
10.0
14 Ratings
30% above category average
Dashboards9.019 Ratings10.012 Ratings
Standard reports9.019 Ratings10.014 Ratings
Custom reports4.410 Ratings10.08 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
FreeAgent
8.8
23 Ratings
20% above category average
QuickBooks Self-Employed
10.0
15 Ratings
33% above category average
Accounts payable8.018 Ratings10.09 Ratings
Accounts receivable8.020 Ratings10.010 Ratings
Cash management9.018 Ratings10.09 Ratings
Bank reconciliation9.019 Ratings10.010 Ratings
Expense management8.022 Ratings10.014 Ratings
Time tracking9.017 Ratings10.07 Ratings
Fixed asset management8.611 Ratings10.04 Ratings
Multi-currency support10.08 Ratings10.02 Ratings
Multi-division support9.05 Ratings10.02 Ratings
Regulations compliance8.78 Ratings10.03 Ratings
Electronic tax filing10.019 Ratings10.013 Ratings
Self-service portal9.011 Ratings10.08 Ratings
Journals and Reconciliations8.01 Ratings10.06 Ratings
Global Financial Support00 Ratings10.02 Ratings
Primary and Secondary Ledgers00 Ratings10.02 Ratings
Intercompany Accounting00 Ratings10.03 Ratings
Localizations00 Ratings10.03 Ratings
Enterprise Accounting00 Ratings10.02 Ratings
Configurable Accounting00 Ratings10.04 Ratings
Centralized Rules Framework00 Ratings10.03 Ratings
Standardized Processes00 Ratings10.05 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
FreeAgent
7.4
4 Ratings
10% above category average
QuickBooks Self-Employed
10.0
3 Ratings
39% above category average
Inventory tracking7.72 Ratings10.03 Ratings
Automatic reordering8.21 Ratings10.03 Ratings
Location management4.51 Ratings10.03 Ratings
Manufacturing module9.11 Ratings10.02 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
FreeAgent
8.1
13 Ratings
13% above category average
QuickBooks Self-Employed
10.0
5 Ratings
34% above category average
Pricing8.19 Ratings10.04 Ratings
Order entry6.82 Ratings10.04 Ratings
Credit card processing8.25 Ratings10.05 Ratings
Cost of goods sold9.13 Ratings10.03 Ratings
Order Orchestration00 Ratings10.02 Ratings
End-to-end order visibility00 Ratings10.03 Ratings
Order exception Resolution00 Ratings10.02 Ratings
Best Alternatives
FreeAgentQuickBooks Self-Employed
Small Businesses
Dext Prepare (with Receipt Bank)
Dext Prepare (with Receipt Bank)
Score 9.2 out of 10
Dext Prepare (with Receipt Bank)
Dext Prepare (with Receipt Bank)
Score 9.2 out of 10
Medium-sized Companies
Accounting Seed
Accounting Seed
Score 8.3 out of 10
Accounting Seed
Accounting Seed
Score 8.3 out of 10
Enterprises
Oracle Fusion Cloud ERP
Oracle Fusion Cloud ERP
Score 8.0 out of 10
Oracle Fusion Cloud ERP
Oracle Fusion Cloud ERP
Score 8.0 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
FreeAgentQuickBooks Self-Employed
Likelihood to Recommend
9.0
(23 ratings)
10.0
(15 ratings)
Likelihood to Renew
-
(0 ratings)
10.0
(1 ratings)
Usability
9.1
(4 ratings)
9.4
(2 ratings)
Availability
8.9
(5 ratings)
-
(0 ratings)
Performance
9.1
(1 ratings)
-
(0 ratings)
Support Rating
-
(0 ratings)
10.0
(2 ratings)
Product Scalability
8.2
(1 ratings)
-
(0 ratings)
User Testimonials
FreeAgentQuickBooks Self-Employed
Likelihood to Recommend
FreeAgent
For micro and small business it is a great solution. The new requirements for MTD for landlords could also be met with this software. Groups and more complex businesses could not use the accounts and tax returns features, however they still could use it for bookkeeping and then export the data to other tax and accounts production software.
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Intuit
QuickBooks is a great tool for new SoleTraders that need basic accounting software and require digital invoicing for their clients to send via email and access key features via a mobile app on the go. QuickBooks is a straightforward tool to use with a simple design and learning curve for business owners that are not very tech-savvy. For businesses that operate on a larger scale and need to provide access to other users on their team, QuickBooks is limited. This type of business may also require more insights into the business outside of accounting, and QuickBooks won't be able to supply insights outside of that.
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Pros
FreeAgent
  • Accounting! As you'd expect. Makes it much simpler andmore cost effective. In-coming and out-goings are recorded and assigned to projects and accounts. My accountant can access my books and reconcile so much more easily than trawling through spreadsheets.
  • Time billing - time spent on projects/client work is recorded and is ready to be invoiced as required. Saves so much time and prevents inaccuracies.
  • Invoicing - again, it should do this well and it does. Non payment reminders are automatic and clients have no excuses for not knowing the status of their account.
  • Account dashboard - gives me an instant overview of the health of the business (am I on track to meet my yearly targets) and my accounts.
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Intuit
  • QuickBooks Self-Employed does keep a running total of your income and estimated taxes. Of course, this requires that your entries are accurate.
  • The mileage feature is particularly helpful. One just needs to either use the phone app in conjunction with QuickBooks Self-Employed, or keep a log of all mileage.
  • When tax time comes around, it's easy to use TurboTax software and import your data from QuickBooks.
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Cons
FreeAgent
  • Reporting on financials, time tracking and project status is a little poor. It's adequate for what what we need, but would be great to see more advanced features.
  • API is quite closed so cannot integrate with our other project management tools.
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Intuit
  • Doesn't integrate with Mint, which I use for my home expenses. I think this would be a nice addition to the program, so I could keep track of my whole financial situation.
  • A Windows 10 app would be a nice addition to the program, so I could access it securely from my desktop.
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Usability
FreeAgent
I spent nearly two decades in IT and am happy to say that FreeAgent's user interface is one of the best interfaces I have ever used.
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Intuit
I have been using this software for several years now and it has always put out my data in beautiful generated reports that I can use for verification purposes with my financial institute and the IRS. It has all the tools I need to run my business without loosing track of anything
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Reliability and Availability
FreeAgent
Based in a cloud and never had any issues with down time. I can access from any device
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Intuit
No answers on this topic
Support Rating
FreeAgent
No answers on this topic
Intuit
I have never faced any difficulties that required me to contact QuickBooks customer service. QuickBooks has plenty of online tutorials, blog posts, and helpful tips and advice for almost any issues you may face using the desktop or app version of the software. Even if you can not find the right answer on the QuickBooks webpages, there are loads of YouTube videos from experts.
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Alternatives Considered
FreeAgent
I have used and tested out many other systems. I was looking at Xero for my accounting system but at the time I chose FreeAgent because of the way it handles the recording of dividends and the inbuilt time recording. The others I trialed were good and many of them cheaper. FreeAgent best suited my requirements at the time.
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Intuit
FreshBooks limited my ability to categorize transactions, specifically removing duplicates or excluding them. I selected QuickBooks Self-Employed because it allowed me to be in control of items. Sometimes accounting is just making sure things are organized the way YOU think, and FreshBooks wasn't doing that for me.
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Return on Investment
FreeAgent
  • Professional and uniform offering providing great confident customer service. My clients love it, whether they use it a little or a lot. It's a great piece of software - while sophisticated, it's straightforward to use.
  • Time saving and efficient use of my team's time. Being able to easily share and compare work / tasks.
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Intuit
  • Overall, tagging expenses and mileage has saved me thousands in taxes, for a relatively low cost of around $8/mo.
  • QuickBooks allows me to get invoices to clients quickly and accept online payments, which helps with cashflow.
  • The app has stopped tracking mileage automatically on my device, so I worry that sometimes I am not tracking business miles effectively, which could end up costing me at the EOY.
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ScreenShots