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FreeAgent vs Akounto: Which Accounting Software Is Better?


Disclosure: We may earn commissions if you shop through the links below.

Last Updated: May 22, 2025

Both FreeAgent and Akounto are leading accounting software solutions, but which one is better for you and your business?

Below we compare FreeAgent and Akounto across nearly 50 different data points to help you make find the right one.

FreeAgent vs Akounto Reviews

FreeAgentAkounto
Trustpilot Rating4.64.3
Number of Trustpilot Reviews2,2457
iPhone App Rating4.6No Rating
Number of iPhone App Reviews37No Reviews
Android App Rating4.5No Rating
Number of Android App Reviews1,180No Reviews

FreeAgent vs Akounto Pricing

FreeAgentAkounto
Free TrialYesYes
Free Trial Length30 days30 days
Cheapest Plan NameUS BusinessesStartup
Cheapest Plan Cost Per MonthNA$20
Mid Priced Plan NameNAGrowth
Mid Priced Plan Cost Per MonthNA$20
Top Plan NameNoExpansion
Top Plan Cost Per MonthNA$30

FreeAgent vs Akounto Features

FeaturesFreeAgentAkounto
Target Business SizeSmallSmall
Tax HelpYesYes
Income & ExpensesYesYes
BookkeepingYesYes
Send InvoicesYesYes
Collect Payments Via Bank TransferYesYes
Collect Payments Via Credit CardYesYes
Recurring PaymentsYesYes
Enter BillsYesYes
Reconcile Bank TransactionsYesYes
Bank Account IncludedNoNo
Cash Flow ReportYesYes
W-9 + 1099 ManagementNoNo
Help With Sales TaxYesYes
Use Multiple CurrenciesYesYes
Expense TrackingYesYes
Payroll Software IntegrationYesNo
Tax DeductionsYesYes
Receipt CaptureYesNo
Mileage TrackingYesNo
Time ManagementYesNo
Inventory ManagementYesNo
User Access ControlsYesNo
Financial PlanningYesYes
Import/Export To & From ExcelYesYes
Free SupportYesYes
APIYesNo

List of Other Software Integrations

FreeAgentAkounto
  • Stripe
  • PayPal
  • Sellwire
  • WooCommerce
  • AutoEntry
  • Dext
  • Pennucia
  • Commusoft
  • Amazon
  • Shopify
  • eBay
  • Etsy

FreeAgent US Businesses Features

  • Sales Tax Reporting
  • Multi-Currency Invoicing.
  • Estimates and Invoices
  • Expenses
  • Time Tracking
  • Dashboard
  • Banking
  • Projects

Akounto Startup Features

  • Create and manage Upto 40 invoice
  • Manage unlimited customers
  • Customisation of invoice
  • Create unlimited products
  • Create unlimited bill
  • Manage unlimited vendors
  • Connect unlimited bank accounts
  • Customise chart of accounts
  • Easy categorisation of transactions
  • Get financial reports (Balance Sheet, P&L Account)
  • Manage sales tax
  • Use estimates and automated recurring Invoice
  • Create automated recurring bills
  • Reconcile bank accounts
  • Option to opt for Cash or Accrual based accounting
  • Invite 1 user only

FreeAgent No Features

NA

Akounto Expansion Features

  • Create and manage unlimited invoice
  • Manage unlimited customers
  • Customisation of invoice
  • Create unlimited products
  • Create unlimited bill
  • Manage unlimited vendors
  • Connect unlimited bank accounts
  • Customise chart of accounts
  • Easy categorisation of transactions
  • Get financial reports (Balance Sheet, P&L Account)
  • Manage sales tax
  • Use estimates and automated recurring Invoice
  • Create automated recurring bills
  • Reconcile bank accounts
  • Option to opt for Cash or Accrual based accounting
  • Invite unlimited users
  • Credit note
  • Create billable expense
  • Use purchase order
  • Accounts receivable and accounts payable
  • Connect 2 additional business
  • Multi currency invoice
  • Multi currency bill
  • Software support from expert

FreeAgent vs Akounto Pro & Cons

FreeAgentAkounto
Pros
  • Freelancer-friendly
  • Automatic Bank Feeds
  • Excellent Business Dashboard
  • Affordable pricing
  • Easy to use
  • Best for small businesses
Cons
  • Not ideal for large businesses
  • Pricing flexibility
  • Limited features for complex needs
  • Serve only customers in the United States
  • Learning curve
  • Limited features than competitors

Other Accounting Software Comparisons

  • Odoo Accounting vs Akounto
  • NetSuite vs Wave Accounting
  • Sage Accounting vs Kashoo
  • Kashoo vs Akounto
  • TopNotepad vs Botkeeper
  • OneUp vs TrulySmall Accounting
  • TopNotepad vs Acclux
  • Sage Accounting vs TaxSlayer Pro
  • Odoo Accounting vs Acclux
  • QuickBooks Online vs AccountEdge Pro

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