Last Updated
Overview
TrulySmall Accounting is a financial management platform that manages daily expenses, invoices, and accounting tasks. Ideal for small businesses and entrepreneurs, it helps users save time by customizing invoices and tracking payment processes. Although balancing books can sometimes become challenging, the software's ability to track client interactions with invoices is excellent.
Overall Rating
Based on 5 users reviews
3.6
Rating Distribution
Positive
60%
Neutral
40%
Negative
0%
Starting Price
$8.99
/month
TrulySmall Accounting Specifications
- Financial Reporting
- Invoice Management
- Expense Tracking
- Tax Management
What Is TrulySmall Accounting?
TrulySmall Accounting simplifies financial management for small business owners, offering features like invoicing, estimates, expenses, and budgeting. Business owners can efficiently create, send, and track professional invoices without any manual entry of data required. Additionally, the budgeting and expense tracking features provide better financial oversight and control.
What Is TrulySmall Accounting Best For?
TrulySmall Accounting software is best for its customizable invoicing templates, which are free to use and available in Word, PDF, and Excel formats. It offers beautifully designed templates tailored for your specific industry, all created and approved by experts. Users can download, fill in, and send a professional invoice directly from their browser or the software's free mobile app.
TrulySmall Accounting Pricing
The software offers three pricing tiers:
- trulysmall.Invoice: $8.99/month
- trulysmall.Expense: $8.99/month
- trulysmall.Accounting: $20/month
Disclaimer: The pricing is subject to change.
TrulySmall Accounting Integrations
The vendor has not disclosed the software's integration with any third-party applications.
How Does TrulySmall Accounting Work?
Once you log into TrulySmall, follow these steps to easily manage your small business finances:
- Set up your business profile by entering your business name and other key details
- Link your bank account to automatically categorize transactions and simplify financial tracking
- Create and send invoices using customizable templates and add client details
- Track payments to see which invoices are paid or pending
- Access financial reports like profit and loss statements, tax reports, and critical business reports for insights into your business's financial health
- Manage expenses by categorizing receipts and expenses for better organization demo
Who Is TrulySmall Accounting For?
The software is perfect for individuals in a variety of industries and sectors, such as:
- Constructions
- Freelancers
- Consulting
- Small business
Is TrulySmall Accounting Right For You?
If you're looking for an easy-to-use platform to handle invoicing, budgeting, and estimating, then this software is an excellent option. The software aims to make financial management more streamlined and efficient with features like invoicing templates, automation, and reports. This software is also the perfect choice for businesses looking for simple and effective solutions that don't require complex accounting knowledge.
If you need further assistance or guidance with the software, contact our customer support team at (661) 384-7070. We're here to help you make the best choice for your business.
TrulySmall Accounting Features
Expense Management
TrulySmall Accounting features include robust expense management tools such as organizing expenses for clarity, automating transaction entries through receipt scanning, and tracking spending with budgeting tools. Users can link bank accounts for automatic categorization, create custom budgets, and analyze spending trends with detailed reports. Additionally, the platform supports chargebacks, allowing businesses to add client-related expenses directly to invoices.
Accounting
This TrulySmall Accounting feature automates bookkeeping by linking to your bank and categorizing transactions. It simplifies invoicing with automated reminders, tracks payments in real time, and generates key business reports within minutes.
Multi-Currency Transactions
The software supports digital payments and multi-currency transactions, which is beneficial for small businesses that engage with international customers. Additionally, it offers receipt scanning and streamlining expense management for greater efficiency.
Invoicing And Estimates
The Trulysmall invoices feature allows small businesses to create and send professional invoices and estimates. It offers customizable branding options, allowing businesses to add logos and personalize invoice templates. Users can send invoices directly from mobile devices, ensuring flexibility. This feature aims to reduce the complexity of invoicing, making it easy for small business owners to manage their billing processes efficiently.
Pros And Cons of TrulySmall Accounting
Pros
Mobile-friendly expense tracking
Automatic payment reminders
Easy-to-use reports for tracking finances
Gives a snapshot analysis on the software's dashboard
Cons
Can't handle multiple transactions simultaneously
Purchases often get mislabeled
TrulySmall Accounting Reviews
Total 5 reviews
3.6
All reviews are from verified customers
Rating Distribution
5
Stars20%
4
Stars40%
3
Stars20%
2
Stars20%
1
Stars0%
Share your experience
Farming, 1-10 employees
More than a year
“Your software makes me feel crazy”
Pros
TrulySmall new version aims to streamline things but online banking does not work which undermines the improvements. Many features do not seem to work well for us.
Cons
Improve the search function! Even if I type the full name of my supplier (like Amazon), it ends up at the bottom of the results which is really frustrating. Is there any user experience testing being done on this product?
Rating Distribution
Ease of use
3
Value for money
5
Customer Support
5
Functionality
5
Farming, 1-10 employees
Less than 6 months
“Great customer support”
Pros
TrulySmall is very user-friendly and the support has been very accessible, respectful and knowledgeable.
Cons
Often my purchases from the bank feed get mislabeled. For instance a purchase from Osborne Seed Company gets recorded as Ornery Beer Company. This happens frequently.
Rating Distribution
Ease of use
8
Value for money
8
Customer Support
10
Functionality
8
Printing, 1-10 employees
Less than 6 months
“TrulySmall helps me keep better accounting, in less time”
Pros
Smart Inbox keeps me on top of my account tasks. The reduction in data entry is a significant time saver. While I am not a fan of accounting TrulySmall makes it much more manageable for me. I also like the snapshot analysis on the dashboard and the user interface is very clean.
Cons
Coming from Kashoo Classic I did really like to see TrulySmall add auto entry for GST filing. Creating reports is simple and I like being able to generate a report with just a click. However right now I have to manually enter the journal for GST remittance. The help articles could use more information on this subject. Generally more help articles are needed to reflect the instructions from Kashoo Classic that are still applicable in TrulySmall. I also needed additional assistance because I faced issues with backfilling data on a bank feed account where my bank was not providing all the transaction data from the start date in TrulySmall. Fortunately, customer service helped me resolve it.
Rating Distribution
Ease of use
8
Value for money
10
Customer Support
10
Functionality
8
Frequently Asked Questions
Does TrulySmall Accounting Software offer an API?
Yes, the software provides an API.
What language does TrulySmall Accounting Software support?
The software primarily supports the English language.
What other apps does TrulySmall Accounting Software integrate with?
The vendor has not provided information about any integrations with third-party applications.
Does TrulySmall Accounting Software have a mobile app?
Yes, the software offers a mobile app. It supports both Android and iOS devices.
What types of pricing plans does TrulySmall Accounting Software offer?
The software offers three pricing tiers: trulysmall.Invoice at $8.99/month, trulysmall.Expense at $8.99/month, and trulysmall.Accounting at $20/month. The Invoice plan offers the first five invoices for free and a 14-day free trial for both the Expense and Accounting plans. Get a TrulySmall Accounting pricing quote from us.
Who are the typical users of TrulySmall Accounting Software?
The users of the software include entrepreneurs, freelancers, contractors, and consultants.
What level of support does TrulySmall Accounting Software offer?
The software offers support through email, chat, and phone.