Accounting

High Level Reports

• A guide to your profit and loss account
• Balance Sheet

Breakdown Reports

• Customer Sales Report
• Capital Assets
• Aged Debtors
• Aged Creditors
• How FreeAgent supports IR35

Journal Entries

• Journal Entries

Account locking

• Locking your accounts

Prepayments & Accruals

• Prepayments
• Accruals
• Accrued and deferred income

Detailed Reports

• Show Transactions
• Trial Balance

Capital assets

• Capital assets explained
• Purchase of a capital asset after the FreeAgent start date
• Purchase of a capital asset between start dates
• Purchase of a capital asset before the company start date
• Selling or scrapping a capital asset
• Asset bought on hire purchase

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Spending Categories

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• View or edit category