Start-up businesses, contractors and freelancers can now get free online accounting software, courtesy of online accounting business Crunch

The online accounting service is offering its Crunch Solo product for free to freelancers, contractors and small and micro-businesses, to help them manage their bookkeeping on the web and on tablets..

The package allows users to raise invoices, record expenses, view tax liability in real time, watch training videos and tutorials, get access to technical support, produce directors payroll and dividend vouchers, and get on-the-fly reporting of

  • Balance sheets
  • Profit & loss
  • Trial Balance
  • Aged creditors
  • Aged debtors

Users can also upgrade to additional features – including receipt scanning from your phone, more bank integration and the ability to export your data – for £9.50 a month.

Crunch Founder Darren Fell, explained: "It's Crunch's mission to help the self-employed and small business community by continually improving our accountancy services. Today we're taking that one step further by offering our software for free."

Crunch also launched Max, a tailored service designed specifically for growing businesses, or those who have slightly more complex company structures. Max clients get a dedicated senior accountant, account managers and supports up to four directors, four shareholders, and allows the addition of payroll for up to ten employees. It is priced at £89.50 per month.

Crunch, have more than 2,500 clients on the standard subscription package and have been established since April 2009