FreeAgent logo
    • Features
    • Product overview The whole package for small businesses
    • Mobile apps Take care of business on the go
    • Security Committed to protecting your data
    • Customer stories FreeAgent customers making it count
    • Product features
    • All product features Explore FreeAgent’s range of features
    • Dashboard
    • Estimates
    • Invoicing
    • Expenses
    • Banking
    • Projects
    • Time tracking
    • Business insights from Radar
    • Sales tax
  • Pricing
    • Product help & support
    • Product help & support Search our product Knowledge Base
    • Contact our support team Speak to our UK-based support
    • Get started with FreeAgent How to take your first steps
    • Help for small businesses
    • Help for small businesses Product help for small businesses
    • Explain a bank transaction
    • Create an invoice
    • Add an out-of-pocket expense
    • Guides to run & grow your business
    • Accounting glossary
Login Try FreeAgent
  • Meet FreeAgent
  • Product overview The whole package for small businesses
  • Mobile apps Take care of business on the go
  • Security Committed to protecting your data
  • Customer stories FreeAgent customers making it count
  • Product features
  • All product features Explore FreeAgent’s range of features
  • Dashboard
  • Estimates
  • Invoicing
  • Expenses
  • Banking
  • Projects
  • Time tracking
  • Business insights from Radar
  • Sales tax
Pricing
  • General Support
  • Product help & support Search our product Knowledge Base
  • Contact our support team Speak to our UK-based support
  • Get started with FreeAgent How to take your first steps
  • Help for small businesses
  • Help for small businesses Product help for small businesses
  • Explain a bank transaction
  • Create an invoice
  • Add an out-of-pocket expense
  • Guides to run & grow your business
  • Accounting glossary
Login Try FreeAgent
Knowledge Base Getting Started How to switch to FreeAgent Frequently Asked Questions
    1. FreeAgent
    2. Accounting

Accounting

Comprehensive but easy to understand reports to help you make sense of your finances

Accounting essentials

  • Dealing with withholding tax
  • Record unpaid share capital
  • Record work in progress

Accounting categories

  • Add a new accounting category
  • View or edit an accounting category
  • Delete an accounting category
  • Export a chart of accounts

Journal entries

  • Create journal entries
  • Edit or delete journal entries
  • Copy or reverse journal entries

Prepayments and accruals

  • How to record prepayments
  • Accrue costs that haven’t been paid for yet
  • Accrue or defer income by moving it from one period to another

Account locking

  • Lock your accounts

I need help with…

View all categories →
  • Careers
  • Product support
  • Contact us
  • About us
  • Security
  • The depot
  • Product timeline
  • Press room
  • App status
2024 UK Customer Experience Awards, Silver Award Winner

Small businesses

  • Product features
  • Customer stories

Business resources & guides

  • Guides for small businesses
  • Accounting glossary
  • Integrations

Community

  • FreeAgent API
  • Refer a friend
  • Sustainability
  • Accessibility
  • Inclusion

facebook
instagram
linkedin
threads
x
The FreeAgent website is part of the Plain English Campaign Cyber Essentials Plus Accreditation logo

FreeAgent is registered with the Financial Conduct Authority under the Payment Services Regulations 2017 (Firm reference number 799763) for the provision of account information services.

Registered in sunny Scotland No. SC316774 - One Edinburgh Quay, 133 Fountainbridge, Edinburgh, Scotland, UK EH3 9QG.

Copyright © 2025 by FreeAgent Central

  • Privacy notices
  • Cookie Notice
  • Terms of service
  • Site terms
  • GDPR
  • Anti-tax evasion
  • Whistleblowing