Best Free Online Accounting Software

[The Ecom Guy]

Searched this forum for other threads and only ones i could see was from several years ago.
Just looking for advice on what people recommend as free accounting tool which can ideallly create invoices and track costs / revenues etc.

The one i was looking at was QuickFile (dont want to post links as think that is against rules.
This is free up to around 400 ledger entries.

Anyway, any recommendations greatly received

 

[The Byre]

Bokio, QuickFile for micro-businesses and GnuCash for adult, double-entry work with everything (payroll, multiple currencies, P&L print-outs, charts, stocks and bonds management, bank interface, etc., etc., etc., but you will have to add an MTD bridge).

 

[The Ecom Guy]

Excellent, thank you THe Byre for such a quick response. Bokio looks like it ticks all the boxes for me

 

[Deleted member 315707]

"Free" is only free if it costs no time. Always consider if a paid for product will save you/the company money in terms of time and remember there is no such thing as a free lunch... businesses are not there to act as a charity...

I've worked with a business recently who was using "free" software (he managed his business in Excel and Sage 50 - both perpetually licensed) but has since paid ~£200/month for software which saved well over 30 hours per week of admin. Even at minimum wage that's a 4x return...

 

[MyAccountantOnline]

Searched this forum for other threads and only ones i could see was from several years ago.
Just looking for advice on what people recommend as free accounting tool which can ideallly create invoices and track costs / revenues etc.

The one i was looking at was QuickFile (dont want to post links as think that is against rules.
This is free up to around 400 ledger entries.

Anyway, any recommendations greatly received

If you bank with RBS or Natwest I believe Freeagent is free.