FreeAgent vs FrontAccounting

FreeAgent is accounting software for business administration, invoicing, expenses, tax reporting and business reports. It builds real-time accounts from bank statements, invoices and expenses, with Profit and Loss, Balance Sheet and Trial Balance reports. Users can create recurring invoices, automate late-payment reminders, turn estimates into invoices and accept payments through Stripe and PayPal. FreeAgent can generate MTD-compatible VAT returns and file them directly to HMRC; payroll calculates PAYE and National Insurance and can submit Real Time Information payroll to HMRC. Its iOS and Android apps cover expense recording, time tracking, invoice management and bank transaction reconciliation. It supports bank feeds from most UK banks via Open Banking and connections to HMRC for MTD VAT. The software is designed for small businesses, accountants and bookkeepers. A free plan is listed, alongside paid plans such as Sole trader at £10 a month and Limited company at £33 a month. Smart Capture includes up to 10 receipts and bills per month as standard; a paid Unlimited add-on removes that cap.

FrontAccounting is free, self-hosted web accounting software for small companies, covering accounting tasks across a broader ERP chain. It includes purchasing, sales, accounts payable and receivable, inventory, manufacturing, fixed assets, and a general ledger with budget. Sales tools include quotations, orders, delivery notes, invoices, credit notes, batch invoicing, point-of-sale definitions, and payment allocation. Purchasing includes purchase orders, goods receival notes, supplier price lists and payments, and transaction attachments. Inventory supports stock items, locations, transfers, reorder levels, average material cost, and barcode scanner entry; manufacturing includes bills of materials and work orders. It supports multiple companies and users with different privileges, along with backup, restore, and simple audit trails. Reports can be printed, emailed, converted to PDF, or exported to Excel or OpenOffice Calc. Multi-currency and GST/VAT support are listed. Installation requires a web server, PHP, and MySQL with InnoDB enabled; other database systems are unsupported. The software is web-only, and support requests are directed to its forum. The listed plan is free.