Accounting Seed vs. FreeAgent

Accounting Seed is a great solution for businesses looking for reliable accounting software. It offers all the features needed and works as expected. In addition, it is not as pricey as many competitors and therefore a great choice. I would recommend it for both startups and established businesses.

Incentivized

For micro and small business it is a great solution. The new requirements for MTD for landlords could also be met with this software. Groups and more complex businesses could not use the accounts and tax returns features, however they still could use it for bookkeeping and then export the data to other tax and accounts production software.

• When making a deposit for a donation we can tag the account record.
• Anyone can recognize donors that are also vendors.
• Extracting general ledger detail is accurate and easy - allowing us to ensure the GL matches revenue detail from donations, box office and education.
• Budgeting is actually pretty nimble now that I am using it more.

• Recurring invoices with automated follow-up is fantastic for helping to get paid on time
• Automated bank transfers are the easiest way to ensure that I can reconcile my accounts with ease
• Support is fantastic
• Built-in Time tracking for projects/tasks (integration with Basecamp to get this info) is fantastic, it allows us to accurately track what we are working on and get paid for it!

• Sometimes when creating a receipt it can't seem to find the company I am searching for in the drop-down, I have to go out to the company and enter from there.
• Some of the accounting reports seem to be limited, though at times this may just be the user! Still learning as I go! But there have been some reports that state I would need to add another partner app to do, which would mean more cost.

• Reporting on financials, time tracking and project status is a little poor. It's adequate for what what we need, but would be great to see more advanced features.
• API is quite closed so cannot integrate with our other project management tools.

Incentivized

We have used Freeagent for many years now and it serves us well for our needs. To change it would mean a lot of work, and this would most likely only happen if the cost became prohibitive to us.

Incentivized

Accounting Seed was easy to implement and use without third-party service providers' intervention. Furthermore, the vendor forwarded us a copy of articles and documentation on implementation, customization and integration, which made it much easier for us to integrate it with company API and other external programs.

Incentivized

It is a great software that does everything we need for small business clients. It allows to keep the books in a cloud from bookkeeping to accounts production and tax returns, all in one software. There are no major drawbacks and I would highly recommend it for most of our clients.

Incentivized

Based in a cloud and never had any issues with down time. I can access from any device

We seldom have had to use their support but when we have, they have been responsive and actually were able to answer our questions in a simple, nontech language. You don't have to be a programmer to talk to them!

Incentivized

I have never personally used support

Incentivized

Did not participate

Incentivized

I have never used Xero at my current organization, but I used it at Alliance Data before Implementing Accounting Seed. Xero wasn’t updated much during the years that we were using it. Also, Xero failed to integrate with some of third-party applications that we were using. Finally, Accounting Seed was highly navigable, had clean UI/UX unlike Xero.

Incentivized

I used Fresh Books for about three years prior to switching to FreeAgent. It was the accounting functionality that made the difference - in the past two years I've not regretted the switch. Fresh Books is good, but its the UK accounting features that make FreeAgent indispensable to my business.

• Accounting Seed has been available to use at a reasonable annual cost.
• Installation, setup and integration cost were reasonable.
• Customization is simple so we do it our selves and saved money not using outside consultants

Incentivized

• Has freed up a lot of time based on my previous system of managing my invoicing and accounts through Word and Excel
• I have an accurate day to day handle on the financial position of my business so I can manage my cashflow better
• The inbuilt time recording against projects has saved time in creating the invoices but also tracks my profitability on the work I do

Incentivized