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FreeAgent vs Open Accounting

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FreeAgent

8.2#1 in accounting apisFree plan
Free planAndroidiOSWebAPI
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What both publish

FactFreeAgentOpen Accounting
AccountingFreeAgent automatically builds real-time business accounts from bank statements, invoices and expenses, and provides reports including Profit and Loss, Balance Sheet and Trial Balance.The platform provides a double-entry accounting system with customizable accounts and reports.
APIThe public API is HTTPS REST-style, uses OAuth 2.0, accepts JSON and XML, and supports GET, POST, PUT and DELETE methods.The REST API provides access to and creation of users, organizations, transactions, accounts, and prices.
Free planYesYes
HeadquartersEdinburgh, Scotland, UK6834 S University Blvd, Centennial, CO 80122, United States
IntegrationsSupported connections include Open Banking feeds, HMRC, Stripe, PayPal, GoCardless, Basecamp and many listed integration partners.The privacy policy mentions Google accounts and identifies Stripe as a payment, analytics, and other business service provider.
ProductFreeAgent is accounting software designed to automate business admin such as invoicing and expenses, streamline tax reporting and provide business insights and reports.Open Accounting describes itself as an open source accounting platform.
SecurityFreeAgent says it is Cyber Essentials Plus certified, uses fault-tolerant infrastructure and follows UK DPA 2018 and UK GDPR requirements.The privacy policy says the company uses reasonable efforts to protect user information but does not guarantee complete security of data transmission, hosting, or storage.

FreeAgent plans

  • Sole trader£10 a month
  • Partnership or LLP£19 a month
  • Limited company£33 a month
  • FreeFree
  • Bank-account-funded accountFree
  • Eligible bank-account planFree

Open Accounting plans

  • Personal Plus$0.99 a month
  • Business$4.99 a month
  • PersonalFree
  • EnterprisePriced on request

Pick FreeAgent if…

FreeAgent is aimed at small businesses, accountants, and bookkeepers managing accounts, invoices, expenses, or tax tasks. Its mobile apps may suit users who want to record expenses, track time, or manage invoices on iOS or Android.

Pick Open Accounting if…

You want what its maker publishes above — check its page for the details.

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