B-free has recently upgraded their small business accounting product. B-free Small Business already prepares Business Activity Statements and accounting reports on a cash basis. New functionality enables customer to prepare these reports on an accrual basis. Further, B-free has introduced Balance Sheet reporting to keep tabs on a business’s assets and liabilities and journal entry capability to allow for double entry tracking of accounting adjustments. These changes mean that B-free Small Business can now provide a snap shot of where a business is positioned financially. In these challenging economic times it is vital that businesses manage assets and debts effectively and B-free’s new functionality provides the tools for success.