Accounting
How to use FreeAgent's advanced accounting features and view reports about your business.
Accounting categories
- How to view or edit an accounting category
- How to add a new accounting category
- How to delete an accounting category
- How to export a chart of accounts
- How to view the tax reporting type of an accounting category
- Tax and accounting effects of accounting categories for sole traders, partnerships and LLPs
Journal entries
High level reports
Breakdown reports
Detailed reports
Capital asset essentials
Capital asset purchases
- How to record the purchase of a capital asset when using accruals basis accounting
- How to record the purchase of a capital asset using multiple transactions
- How to record a capital asset with a long useful life
- How to record a capital asset that doesn’t depreciate
- How to record the purchase of multiple capital assets with one bank transaction if you’re on the VAT Flat Rate Scheme
- How to record the purchase of a capital asset when using cash basis accounting
