Management Reports have landed: here’s what’s new (and what’s coming next)

Back at the end of 2024, we shared that we were on a mission to supercharge client reporting in FreeAgent. First up? Smoother, more flexible updates to our existing reports - making it easier than ever to find the insights that matter.

Now, we’re thrilled to unveil the next big step in that journey: Management Reports.

This brand-new functionality marks a major evolution in reporting in FreeAgent. With Management Reports, you can easily collate and customise key financial reports around the unique needs of each client. Whether you’re guiding strategic decisions or keeping a finger on the pulse of business performance, these reports give you the power to deliver deeper insights - and more value - than ever before.

And the best part? This is just the beginning.

What’s new?

The first release of Management Reports includes a powerful suite of reports that you know and trust, now combined in one polished package.

You can filter the reports to show data yearly, quarterly or monthly as well as get a comparative view of different periods or date ranges - ideal for spotting trends, highlighting shifts, and making proactive decisions.

Let’s take a closer look:

• Executive Summary: think of this as the highlight reel - a curated overview that lets stakeholders get the gist at a glance and make informed calls without sifting through detail.
• Profit & Loss: a familiar friend, now even easier to interpret. See income, expenses, and net profit/loss for your client’s business in the selected time frame.
• Balance Sheet: get a clear picture of what the business owns and owes at any given moment - assets, liabilities, and equity all in one place.
• Aged Debtors & Creditors: instantly see who owes what (and when), whether that be your client or their customers, complete with breakdowns and VAT if registered. 
• Notes: add custom notes at the beginning of the exported report - handy for setting the scene or highlighting key messages.

Finally, you can add a professional finishing touch by including a front cover with a title, author and date.

What’s next?

This is just the opening chapter of our Management Reports story.

We’re already listening closely to feedback and gearing up for the next phase of development. We’ll soon be expanding the functionality to allow you to add notes to individual reports as well as export reports to spreadsheets. And that’s just the start!

We’re building this with you, for you. The result? A suite of reporting tools that empowers you to deliver sharper insights, stronger advice, and serious value to your clients.

Stay tuned - there’s plenty more to come.