FreeAgent vs Lexware Office Comparison
Compare FreeAgent vs Lexware Office features, pricing, and more.
Last updated: November 2026
FreeAgent
6.4/10
FreeAgent is UK cloud accounting software for sole traders, limited companies, partnerships, and landlords. It covers invoicing, banking, payroll, and Making Tax Digital filing.
Lexware Office
6.7/10
A German cloud tool for bookkeeping, invoicing, receipt capture, VAT filing and optional payroll, made for freelancers and small businesses.
Feature-by-Feature Comparison
| Feature | | |
|---|---|---|
| Scores | ||
| Overall Rating | 6.4/10 | 6.7/10 |
| Analytics | 4/10 | 4/10 |
| Compliance | 8/10 | 8/10 |
| Cost | 8/10 | 8/10 |
| Customization | 4/10 | 4/10 |
| Ease of Use | 8/10 | 8/10 |
| Integration | 6/10 | 7/10 |
| Scalability | 3/10 | 4/10 |
| Security | 6/10 | 7/10 |
| Support | 7/10 | 6/10 |
| Pricing | ||
| Free plan | No | No |
| Cheapest paid plan | £10/mo Landlord | €8/mo S |
| Estimated cost for 10 users | £10/mo Landlord | €8/mo S |
| Features | ||
| Multi-currency | ||
| Accountant Access | ||
| Bank Reconciliation | ||
| Expense Management | ||
| Financial Reporting | ||
| General Ledger | ||
| Invoicing | ||
| Online Payments | ||
| Payroll | ||
| Tax Compliance | ||
| Inventory Accounting | Not listed | |
| Multi-entity Consolidation | Not listed | |
FreeAgent vs Lexware Office cost by team size
| Team size | FreeAgent | Lexware Office |
|---|---|---|
| 1 user | £10/moLandlord | €8/moS |
| 5 users | £10/moLandlord | €8/moS |
| 10 users | £10/moLandlord | €8/moS |
| 25 users | £10/moLandlord | €8/moS |
| 50 users | £10/moLandlord | €8/moS |
The plan that fits each team size, billed monthly, before add-ons and usage charges. Each cost opens that tool's pricing calculator for the team size.
Which One Should You Choose?
Why choose FreeAgent
- Higher Support score (7/10 vs 6/10)
- Includes Multi-currency, which Lexware Office lacks
Why choose Lexware Office
- Higher Integration score (7/10 vs 6/10)
- Higher Scalability score (4/10 vs 3/10)
Pros & Cons
FreeAgent
Pros
- Free for customers with a NatWest, RBS, Ulster Bank, or qualifying Mettle business account.
- Built-in HMRC filing covers MTD VAT, Self Assessment, and MTD for Income Tax, and the limited company plan adds end-of-year filing.
- Reviewers often praise its UK-based phone and chat support.
- Every plan includes time tracking, projects, and invoicing, which suits freelancers who bill by the hour.
- Multi-currency invoicing and foreign-currency bank accounts are supported, with realised and unrealised gains and losses calculated automatically.
Cons
- Reviewers describe invoice templates as basic and say custom reporting is limited.
- Payroll suits only director-only setups or very small teams.
- Its integration ecosystem is smaller than those of Xero or QuickBooks.
- It has no multi-entity consolidation or advanced controls, so it does not scale to larger firms.
- Some users report out-of-date help articles.
Lexware Office
Pros
- Users on OMR Reviews and testers on Experte.de describe receipt scanning and bank matching as fast and easy to set up.
- Creates ZUGFeRD and XRechnung e-invoices and files VAT returns directly to ELSTER.
- Every plan can be cancelled monthly, and users are unlimited according to Für-Gründer.
- Tax advisor access and DATEV export make it easy to hand the books to an accountant.
- An optional payroll add-on handles social security and tax filings for up to 50 employees.
Cons
- Invoices can only be issued in euros.
- Cannot manage several companies, and has no approval workflow and no cost-centre reporting.
- Bookkeeping and VAT returns need the L plan, and recurring features need higher tiers.
- Users report bank connections that drop and support that is hard to reach by phone.
- There is no postal invoice sending and no built-in time tracking.
Not sold on either?
Frequently Asked Questions
Lexware Office scores higher on our Finance Software criteria: 6.7/10 against 6.4/10 for FreeAgent. The largest gap is in Integration: 6/10 for FreeAgent and 7/10 for Lexware Office.
No, neither FreeAgent nor Lexware Office lists a free plan.
FreeAgent has Multi-currency, which Lexware Office lacks.
