AI agents for FreeAgent
A Monmo AI agent works in FreeAgent the way a bookkeeper for a UK freelancer or small company would. It suggests explanations for unexplained bank transactions, turns timeslips into invoices, chases late clients, attaches receipts to expenses and checks the VAT return before you submit it. It signs in as your own FreeAgent user and asks before it explains, saves or sends anything.
Updated 2026-11-13 · Free to start. Paid plans from $15 a month.
What agents do in FreeAgent
Explain the bank feed
Each morning the agent reads transactions waiting to be explained, finds the invoice, bill, receipt or Stripe or PayPal payout behind each, and suggests a category and VAT rate from your past entries. You approve them together.
AskEvery weekday at 8, suggest explanations for unexplained transactions in FreeAgent. Put anything unclear at the top.
Turn timeslips into invoices
At month end it gathers unbilled timeslips for each project, applies the project's billing rate and drafts one invoice per client in your usual format. Nothing is sent until you approve.
AskDraft invoices from November's unbilled timeslips in FreeAgent, one per client, and show them to me before sending.
Chase late invoices politely
Every Tuesday it lists overdue invoices, reads your last emails with each client and drafts a short, friendly reminder in Gmail or Outlook that names the invoice, the amount and the original due date.
AskEvery Tuesday, list overdue FreeAgent invoices and draft a friendly reminder to each client. I'll approve the batch.
Attach receipts to expenses
It finds receipts in your inbox or a Google Drive folder, matches each to the bank transaction or expense claim by amount and date, and prepares the attachment so every entry has its evidence.
AskMatch the receipts in my Drive folder for October to FreeAgent transactions and list any transaction still without one.
Check the VAT return before you submit
A week before the deadline it reviews the draft return: transactions with no VAT rate, zero-rated sales that look standard-rated, and bills from suppliers with no VAT number. Submitting to HMRC stays with you.
AskReview my draft VAT return in FreeAgent for this quarter and list anything that looks wrongly rated before I submit.
Read the tax timeline for you
On the first of each month it reads the dates FreeAgent shows for VAT, payroll, Self Assessment and Corporation Tax and posts the next three deadlines with the estimated amounts in Slack, so nothing arrives as a surprise.
AskOn the 1st of each month, tell me the next three deadlines on my FreeAgent tax timeline and the amounts it estimates.
Answer what you can take out
Ask how much profit the business has made this year or what is left in the bank after upcoming bills, and it reads the FreeAgent figures and explains them. Salary and dividend decisions stay with you and your accountant.
AskHow much profit has the company made since April, and what will be in the bank after this month's bills and VAT?
How it connects
- 1You sign in to your own FreeAgent account once. FreeAgent gives each user an access level, and the agent works within yours, so a user limited to time and expenses connects an agent limited in the same way.
- 2You choose which agents may use FreeAgent. A bookkeeping agent needs it; an assistant agent that books your travel can do without it.
- 3Reading the bank feed, invoices and reports needs no approval. Explaining a transaction, creating or sending an invoice, adding an expense or bill and attaching a file each ask first, and one card can cover a batch.
More in Accounting and payments
Other apps of this kind that agents work in, each with its own page.
Watch it work
A sample replay with example data, sped up. Pause it, scrub through it, or take the mouse yourself. This sample shows a similar job in other tools; FreeAgent is not on screen.
On screen
Xero
Gmail
Google Sheets
Pick a job. Watch it get done.
- Why
- Your weekday bookkeeping routine.
- Where
- Fieldwork in Xero · business account
- What to expect
- Marks 18 lines reconciled. The 2 odd lines are left for you, and no reminder is sent.
Your team. Connected to everything.
Cash and receivables — week 7+Sample replays with fictional data, sped up. Pause one, scrub through it, or take the mouse yourself.
Questions people ask
Can an AI agent explain bank transactions in FreeAgent?
It suggests explanations and you confirm them. A Monmo agent reads each unexplained transaction, looks for the matching invoice, bill or receipt and proposes a category and VAT rate based on your earlier entries. You approve the confident ones together and review the rest, so nothing is booked without you.
Can it submit my VAT return to HMRC?
No, the submission stays with you. The agent checks the draft return in FreeAgent, lists entries that look wrong and explains each one, so you or your accountant can fix them before submitting. It does not give tax advice or file returns of any kind.
Does it work for sole traders and limited companies?
Yes, the agent works with whichever FreeAgent account you connect. For a sole trader it can look at Self Assessment dates and figures; for a limited company, Corporation Tax, payroll and director's loan entries. The work is the same either way: it prepares and checks, and you decide.
Is it safe to give an AI agent my FreeAgent login?
The agent uses the FreeAgent user you connect and keeps within that user's access level. It reads without asking but never explains a transaction, saves an invoice or sends anything without your approval. It works through the FreeAgent connection, or in its own browser when the connection does not cover something, and you can disconnect it whenever you like.