Free Agent is a very easy-to-use software that I would highly recommend for sole traders especially:
And even better, if you are a bank of scotland or natwest customer, you get it for free!
One feature that definitely sets Free Agent apart from Xero and other software, is that everything is unlimited for the one monthly price. You don't have to pay extra once you have entered a certain number of invoices. This is handy if you have fluctuating sales and are not sure what level of account to commit to. The prices are also very reasonable:
Sole Trader is currently priced at: £9.50/month plus VAT for 6 months
Partnership/LLP is currently priced at: £12/month plus VAT for 6 months
Limited company is currently priced at: £14.50/month plus VAT for 6 months.
The highlights of Free Agent:
Bank statements can be uploaded via CSV format very quickly and with great ease. This is actually easier than in Xero, as Free Agent doesn't require you to download a template and then manipulate information to fit it. You simply upload it in it's original CSV format. So refreshing!
Bank Feeds are also enabled on Free Agent, which makes reconciling payments and receipts super speedy.
Nominal Codes: These are so easy to add and edit
Reports: These are very easy to produce, but also fairly easy to understand.
Cloud Based: This means that the client can input information and view information, as well as the bookkeeper. On as regular a basis as required.
Easy: Because it has a very user friendly interface and everything is nicely laid out, this is a good one for sole traders and anyone with limited knowledge of accounting software.