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FreeAgent is an accounting software for small businesses, freelancers, and their accountants. The cloud-based platform is designed to automate bookkeeping tasks such as invoicing, expense tracking, VAT reporting (Value Added Tax), self-assessment filing, and payroll support. FreeAgent also offers time management features and project profitability analysis tools. In addition to these functions, the software can facilitate bank reconciliation by importing transactions from supported financial institutions. The platform provides real-time financial data that can help users make informed decisions about their business finances while remaining compliant with tax regulations.

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