I use freeagent but I can't use it to file my accounts - any ideas?

(5 Posts)
Noconsent Tue 24-Sep-19 14:53:07

I've just had my reminder to file my accounts from Companies House and they provide a list of filing software you can use:
www.gov.uk/company-filing-software/filing-annual-accounts-returns-and-tax-accounts
unfortunately Freeagent, which is the software I use to keep my records and file my VAT returns, is not on the list.
My accounts for this period will be very simple and I like the switch away from face-to-face and towards online filing. Is there any sort of virtual accountant or freeagent-compatible software I can use?

OP’s posts: |
user1497207191 Tue 24-Sep-19 19:23:23

Freeagent is book-keeping software, not accounts production software.

Companies House filings need to be in the prescribed format and not only that, but need to comply with accounting standards, so you have to adjust for items such as accruals, prepayments, depreciation, provisions, stock movements, etc., etc.

There are also occasions where the FAC tax provisions need adjustments.

Unless you understand accounting standards and what needs to be adjusted for, there is no "magic" software that will make FAC compliant for companies house purposes.

Noconsent Thu 26-Sep-19 09:19:33

thanks for replying.

given that there's only £5 coming and £2 going out, I just don't think the accounts can be that complex, but I will look at some youtube tutorials.

OP’s posts: |
user1497207191 Thu 26-Sep-19 17:17:42

Have you looked at Companies House themselves - for simple accounts, they have templates you can use. Why are you paying for FAC for such a tiny amount of transactions?

somebrightmorning Thu 26-Sep-19 20:32:31

Thank you!

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