FreeAgent Training

Course Fee

£299 per day

About the course

ACCOTAX Hive Ltd proudly presents specialised FreeAgent training, meticulously designed by certified UK accounting professionals with a wealth of experience serving small and medium-sized enterprises, freelancers, and contractors.

Harness the power of FreeAgent’s user-friendly platform to streamline your bookkeeping, comply effortlessly with HMRC’s Making Tax Digital mandate, and manage your finances with confidence and precision

Overview

FreeAgent with ACCOTAX HIVE
Embark on a comprehensive training journey with us to fully utilise FreeAgent’s capabilities, tailored specifically for UK SMEs, freelancers, and contractors. Our expert-led programme blends hands-on exercises with real-world examples, enabling you to confidently manage invoicing, expenses, VAT, CIS, payroll, and reporting.

This module is focused on UK regulatory compliance and practical application, ensuring you can handle all accounting challenges smoothly and efficiently.

Focus Areas

Focus Area 1 – Company Setup & Configuration

Set up your business profile in FreeAgent, configure financial settings, and customise the system for your company’s needs.

Focus Area 2 – Managing Customer & Supplier Contacts

Add and maintain accurate customer and supplier records with full contact details and payment terms.

Focus Area 3 – Customer Account Management

Monitor customer credit terms, invoice status, and payment histories effectively.

Focus Area 4 – Creating & Recording Sales Invoices

Generate and send professional sales invoices with tracking for payments and overdue balances.

Focus Area 5 – Supplier Onboarding & Management

Create supplier profiles and manage bills, payments, and credits promptly.

Focus Area 6 – Processing Supplier Invoices

Enter, approve, and track supplier invoices while ensuring timely payments.

Focus Area 7 – Supplier Contact & Account Updates

Keep supplier information up-to-date and maintain clear communication logs.

Focus Area 8 – Managing Credit Notes

Issue credit notes for returns or refunds and maintain accuracy in reconciliations.

Focus Area 9 – Chart of Accounts: Structure & Application

Understand and use the chart of accounts to organise financial data correctly.

Focus Area 10 – Customising Your Chart of Accounts

Modify accounts to suit your business’s reporting needs and analytical requirements.

Focus Area 11 – Adding & Managing Bank Accounts

Connect bank feeds, manage accounts, and maintain synchronized records.

Focus Area 12 – Recording Bank Transactions

Enter bank payments and receipts manually or via bank feed automation.

Focus Area 13 – Performing Bank Reconciliation

Reconcile your bank statements with FreeAgent records to ensure accuracy.

Focus Area 14 – VAT Configuration & Setup

Configure your VAT scheme and prepare for compliant reporting.

Focus Area 15 – Preparing & Submitting VAT Returns

Create and submit VAT returns directly to HMRC with FreeAgent’s MTD interface.

Focus Area 16 – Financial Reporting in FreeAgent

Produce key reports such as Profit & Loss, Balance Sheet, Aged Receivables, and more.

Focus Area 17 – FreeAgent App Integrations & Automation

Connect FreeAgent with complementary apps to automate data entry and improve efficiency.

Focus Area 18 – Introduction to FreeAgent Payroll (Optional)

Manage payroll setup, employee records, payslip production, and HMRC submissions.

Focus Area 19 – Budgeting & Financial Forecasting (Optional)

Build and compare budgets and forecasts to guide your business strategy.

Focus Area 20 – Final Review & Certification Preparation

Consolidate learning, work on real-life scenarios, and prepare for certification with expert support.

Ready to master FreeAgent for your UK business? Book your training session with ACCOTAX HIVE today — just click below to get started!

Why Choose Accotax Hive?

Expert-Led Training by Seasoned Chartered Accountants - Benefit from 15+ years of real industry expertise.
Hands-On, Practical Training for Job Readiness - Master accounting tasks through real-world scenarios.
Cutting-Edge AI Tools Enhance Learning Experience - Learn smarter with integrated AI technology support.
Real Work Placements to Build Experience - Gain invaluable face-to-face practical industry exposure.
Tailored Career Pathways for Professional Growth - Progress from bookkeeping to senior finance roles.
Comprehensive UK-Focused Accounting Curriculum -Training aligned with UK standards and compliance.
Supportive Learning Environment with Expert Guidance - Receive personalised mentorship throughout your journey.

FreeAgent Training

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About the course

Overview

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Why Choose Accotax Hive?

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