Free Agent Accounting software
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Free Agent Accounting software

Learn how to use the bookkeeping software.
0.0 (0 ratings)
Instead of using a simple lifetime average, Udemy calculates a course's star rating by considering a number of different factors such as the number of ratings, the age of ratings, and the likelihood of fraudulent ratings.
8 students enrolled
Created by Lisa Newton
Last updated 4/2016
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Current price: $10 Original price: $25 Discount: 60% off
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  • 2.5 hours on-demand video
  • 9 Supplemental Resources
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
What Will I Learn?
  • By the end of the course you will be able to complete various common functions using FreeAgent software
  • In this course, you will learn how to:
  • Enter the opening balances
  • Amend the nominal ledger
  • Add new customer and supplier details
  • Post customer invoices and credit notes to the sales ledger
  • Post supplier invoices and credit notes to the purchase ledger
  • Enter the supplier cheques and record the customer receipts
  • Post Petty Cash transactions
  • Prepare the VAT return
  • Reconcile the bank
  • Post the wages journal
  • Post adjustments to the accounts and produce month-end reports
View Curriculum
  • You'll need access to FreeAgent in order to complete the assignment
  • You'll need an interest in accounts

FreeAgent Computerised Accounts course is about how to use FreeAgent software based on the most popular functions which you as a FreeAgent operator needs to know how to use, in order to be proficient in using the software.

The learning is structured in a practical way. You are given a practical scenario assignment. There are various tasks to complete. You are given the task to do and have a go at, and then the video answer is available. It is suggested that you:

  1. Read the task
  2. Watch the video
  3. Have a go at it yourself on your own system
  4. Rewatch the video (if necessary) - to reinforce the learning

You’ll learn how to set up the FreeAgent system from scratch, how to enter opening balances, post customer invoices and credit notes, post supplier bills and credit notes, pay suppliers, petty cash, prepare a VAT return, reconcile the bank, post journals, run reports amongst over things.

This is a useful course if:

  • You are thinking of working with the software,
  • You are going for jobs which have a requirement for you to be able to use this software
  • You want to put this skill on your CV, or
  • You are a bookkeeper or accountant and will be using this for clients or even
  • You run your own business and want to know how to use FreeAgent for yourself.

You will need to have access to FreeAgent.

The course materials includes the handout of the assignment task.

Successful completion of the course is the equivalent to being at the level of having a level 2 certificate in computerised accounts.

The course will take about 3-4 hours to complete.

Who is the target audience?
  • Bookkeepers and Accountants who will be using this for their clients
  • Students who are going for jobs where the requirement is working knowledge of FreeAgent
  • Those who have studied accounting, but want practical knowledge of how to use a popular accounting software which will help them find employment
  • Previous knowledge of accounting is not presumed or required
  • Note that this training is in no way endorsed by FreeAgent UK
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Curriculum For This Course
39 Lectures
Getting Prepared - Access the software and course materials
1 Lecture 05:01

Print off the course material. Read through each task. Watch the video on how to complete the task, and then have a go at it yourself on the software.

Preview 05:01
Getting Started
1 Lecture 08:50

Getting started with Free Agent.

Preview 08:50
Setting Up The System
5 Lectures 21:51

Enter opening balances.

Enter opening balances

Enter opening balances.

Opening Trial Balance - bank account

Opening Balances

Reverse opening accruals.

Reverse Opening Balances - accruals and prepayments

Report - reversing balances
Nominal Ledger
2 Lectures 07:36

Amend the nominal ledger.

Amend the Nominal Ledger

Report on Nominal Ledger accounts
2 Lectures 06:36

Enter new customers.

Enter customers

Report on Customers
2 Lectures 04:44

Enter suppliers.

Entering Suppliers

Report on Suppliers
Sales Ledger
3 Lectures 21:20

Post customer invoices.

Preview 10:44

Post credit notes.

Post Sales Credit Notes

Report on the customer activity.

Report showing Customer Activity and aged debtors
Purchases Ledger
3 Lectures 18:23

Post supplier invoices.

Post Supplier Invoices & Credit Notes

Post credit notes.

Credit Notes Suppliers

Provide a report on the suppliers activity.

Supplier Activity Report & Aged Creditors
Sundry Payments
2 Lectures 08:31

Post cheques onto the system.

Post Cheques

Supplier payments report.

Report showing supplier payments
Sundry Receipts
3 Lectures 04:39

Post receipts from customers.

Receipts from customers

Provide a report showing customer receipts.

Report showing customer receipts

Reporting payments
6 More Sections
About the Instructor
Lisa Newton
4.0 Average rating
343 Reviews
4,253 Students
100 Courses
Entrepreneur, Infopreneur & Serial Author

Lisa Newton BA MSc AAT has a masters degree in Investment Management and a first class honours degree in Accounting with Marketing. She formed her first company in 2004 with £150 in the same month of graduating from City University, London UK. Lisa has never had a full time 9 to 5 job in her life. She's a serial entrepreneur and author who holds directorships in various industries including telecoms, property management, publishing, hair & beauty as well as finance. She has won various awards in Business including: Young Entrepreneur of the Year Award 2007, in 2008 Enterprising Business Award, in 2016 BE Mogul Award and has been nominated and shortlisted in numerous others. In 2011 and in 2012 one of her companies won Best Accounting Franchisor Award. In 2015 and 2017 one of her companies won Best Bookkeeping Business London (Accountancy International Awards).

Lisa's books include: How to write a book in two weeks, Constant Cashflow, Make the most of your money, How to start your own bookkeeping business, Cosmic ordering with Vision Boards, How to Franchise Your Business and Quickbooks Online The Handbook. Some of the books are in audio-format on itunes and audible.

Lisa hosts her own show The Authors Podcast which can be found on the iTunes channel.

Lisa supports the charity The MS Society. A speaker, coach, consultant and an avid networker, Lisa enjoys meeting people and working on projects with like-minded individuals.

In her spare time, Lisa likes traveling, dancing salsa, writing books, learning languages, meditation, yoga and cosmic ordering.