If, like me, you hate accounts and accountancy, this video is for you.
If you love accounts and accountancy, then this video is for you too!
Ed Molyneux is the founder and CEO of FreeAgent Central. FreeAgent Central have a product called FreeAgent which is essentially an online accounts package. But the great thing about FreeAgent is that it is really simple to use. Even I could use it and that is saying something.
Nowhere in the application are confusing, arcane accountancy terms like ‘nominal ledger’ used. Instead, the application allows you to import your bank statements and your client lists and work in a point and click way from there!
It generates and tracks invoices, timesheets, and expenses allowing you to assign expenses to invoices or projects. And at all times it is calculating your tax liability so you don’t get a shock when it comes time to cough up to the revenue.
Here’s the interview - if you want to skip straight to the demo it is at 16:49.
The biggest downside of this application is that currently it is written for the UK tax laws 
Ed did say that they have plans to write versions for other countries. Ireland Ed, do Ireland.
I need an app like this. Now!
UPDATE - Dennis has just told me that the Irish version of FreeAgent is slated for Q4 of this year - wohoo!
Download MPEG-4 Video
Download Flash Video
