For UK businesses

Tuppence for FreeAgent.

Connect FreeAgent once. Every day, Tuppence posts your sales, fees and refunds to a Tuppence bank account in FreeAgent, and every payout matches the line your bank feed shows. Nothing to map, nothing to import.

Connect

One click, and it's set up.

From Settings › Accounting, choose Connect on FreeAgent and approve on FreeAgent's page. Approve access for your FreeAgent company. The first posting runs a minute later.

A Tuppence bank account

Tuppence makes a bank account called Tuppence in FreeAgent, in your currency. It stands for the money Tuppence holds for you.

Sensible defaults

Sales go to 001 Sales, fees to a new Tuppence fees account, and payouts to the bank account whose number ends in the same four digits as the one Tuppence pays you into.

At most one question

Setup asks only when it can't choose, such as two bank accounts ending in the same four digits. Your accountant can change any default.

A worked day

One receipt and one payment a day.

On 13 October a business takes £120.00 through payment links, including a £5.00 tip, refunds £2.00 and pays £3.42 of Tuppence fees. After 03:00 the next morning, FreeAgent gets this:

In FreeAgentLineAccountAmount
Explained money in, Tuppence 13 Oct 2026Sales: payment links001 Sales£115.00
Tips to pass onTips£5.00
Explained money out, Tuppence 13 Oct 2026Refunds: payment links001 Sales£2.00
Tuppence feesTuppence fees£3.42
The Tuppence account+£114.58

The postings carry totals, not your customers' names. A refund that arrives after its day was posted goes in a second posting for that day: nothing posted is ever edited.

A worked payout

Every payout matches your bank feed.

The £114.58 reaches your bank on 15 October. Tuppence posts a transfer of £114.58 from Tuppence to your bank account, dated 15 October. Your bank feed shows the same amount on the same day, so reconciling it takes one click.

1

Open your bank account

In FreeAgent, open your business bank account and find the payout's line from the feed.

2

See the other side

It is the other side of Tuppence's transfer: same amount, same date.

3

Explain it as the transfer

Explain it as that transfer from Tuppence, never as sales. Tuppence never marks anything reviewed for you.

Switch off any bank rule for Tuppence payouts. If a FreeAgent rule records Tuppence payouts as sales, turn it off. Tuppence has already posted the sales, so the rule would count them twice.

VAT

Right by default.

  • Sales and refunds use your sales account's own VAT rate, VAT-inclusive. FreeAgent works out the VAT: £19.17 on the worked day's £115.00 at 20%.
  • In-person sales at the till split by the rates the till recorded, one line per rate.
  • Tuppence's fees post with no VAT by default. Your accountant can choose another rate.
  • Tips, chargebacks, cashback and customer credit are outside VAT.
Problems

Each with its fix.

  • Reconnect when the connection expires. The same books carry on where they stopped.
  • Turn on multi-currency in FreeAgent when your books are in another currency. Tuppence never converts silently.
  • Start after the lock date when your books are locked. A locked day posts on the first open date.
  • Repost that day when a Tuppence transaction was deleted or changed in FreeAgent.

Questions

What does it cost?

Nothing. Accounting integrations are free on every Tuppence account.

Who can connect FreeAgent?

Owners and admins connect, change and disconnect. Managers, developers and analysts see the page and download the statement file. Invite your accountant as an analyst.

Can I try it in test mode?

Yes. In test mode Tuppence only reads your real books and shows what it would post, creating nothing. Test data is posted for real only to a FreeAgent sandbox company.

Can I start later than my first day on Tuppence?

Yes. Choose a start date, and the balance on that day posts once from a Tuppence opening balance account for your accountant to clear.

What happens if I disconnect?

Posting stops, and everything already in FreeAgent stays there. Tuppence never renames or deletes anything in your books.

How do the lines look in FreeAgent?

Each line of the day is its own explained transaction in the Tuppence account, described with the day and its place in it, such as Tuppence 13 Oct 2026 [1/2] Sales: payment links.

All integrations

Payments that give more back.

Start in test mode in a minute. Go live once you’re verified.