TopToolAdvisor

Review · Finance & accounting

FreeAgent review

One-plan accounting software for small businesses, with invoicing, expenses, time tracking and a tax dashboard.

By the TopToolAdvisor research desk · Updated November 6, 2026

Features (35%)
8.2
Ease of use (35%)
8.4
Value (30%)
8.0

FreeAgent keeps pricing simple: one plan at $27 a month, $13.50 for the first six months, or $270 a year, which works out to $22.50 a month. That plan covers estimates and invoices, expense capture from a phone photo, a built-in stopwatch and timesheets, bank feeds, projects with income, expense and profitability views, and a dashboard that shows cash flow and when tax bills are due. Sales tax reporting and multi-currency invoicing are included, which helps freelancers with clients abroad. Unlimited use of the Smart Capture receipt scanner is a $6 a month add-on, and other add-ons may cost extra. There is no free plan, but the 30-day trial needs no credit card, and there are no contracts or setup fees. FreeAgent is better known in the UK, where its support accountants are based, so US users should check that its tax tools match their filing needs before switching.

Who it is for

Freelancers who track time on projects and want a single plan with everything included.

Price

$27 per month ($13.50 for the first 6 months) or $270 per year.

Regular price: $27/month Introductory price $13.50 /month
Quoted from the vendor pricing page on November 6, 2026.

Key features

  • Estimates and invoices with tracking
  • Receipt capture from your phone
  • Built-in stopwatch and timesheets
  • Bank feeds that import transactions automatically
  • Dashboard with cash flow and upcoming tax bills

Strengths and weaknesses

  • Strength: One plan, so no feature gating between tiers
  • Strength: 30-day free trial with no credit card required
  • Strength: Sales tax reporting and multi-currency invoicing included
  • Weakness: Unlimited Smart Capture receipt scanning costs $6 a month extra
  • Weakness: No free plan
  • Weakness: Support is UK-based

Key facts

  • Plans: One plan, $27 per month or $270 per year
  • Free trial: 30 days
  • Smart Capture Unlimited: $6 per month add-on

Where it ranks

FreeAgent is No. 5 in our Best Accounting Software for Freelancers verdict.

Alternatives we scored

Visit freeagent.com · Questions or corrections: editorial@toptooladvisor.com