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.

TrulySmall Accounting Specifications

Financial Reporting

Invoice Management

Expense Tracking

Tax Management

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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
The trulysmall.Invoice plan offers free first five invoices, the trulysmall.Expense and trulysmall.Accounting plan offers a 14-day free trial. Contact us now and get a free TrulySmall Accounting cost quote.

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
For more information about the software, schedule a TrulySmall Accounting 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

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.

how it worksSee How It Works

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.

how it worksSee How It Works

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.

how it worksSee How It Works

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.

how it worksSee How It Works

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 Pricing

trulysmall.Invoice

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What's Included

  • Accept Digital Payments

  • Send Invoices And Invoice Status Updates

  • Free Mobile App

  • Estimates

  • Automatic Reminders

  • Sync To Trulysmall Accounting

trulysmall.Expense

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What's Included

  • Separate Personal & Biz Funds

  • Convert Expense To Invoice

  • Automate Expense Recording

  • Track Budget And Spending

  • Free Mobile App

  • Import Receipts Via OCR

  • Sync To Trulysmall Accounting

trulysmall.Accounting

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What's Included

  • True Double Entry Ledger

  • Send Invoices

  • Track Sales Tax

  • Essential Reporting

  • Track Income & Expenses

  • IRS/CRA Standard Coa

  • Free Companion App

  • Automate Accounting Process

TrulySmall Accounting Reviews

Overall Rating

3.6

5 Review(s)

Rating Distribution

5

star

(1)

4

star

(2)

3

star

(1)

2

star

(1)

1

star

May 2021

Your software makes me feel crazy

Andrew

Farming

Ease of use

3

Value for money

5

Customer Support

5

Functionality

5

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?

May 2021

Great customer support

Angela

Farming

Ease of use

8

Value for money

8

Customer Support

10

Functionality

8

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.

May 2021

TrulySmall helps me keep better accounting, in less time

Jarrett

Printing

Ease of use

8

Value for money

10

Customer Support

10

Functionality

8

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.

Frequently Asked Questions

Yes, the software provides an API.