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TrulySmall Accounting Reviews & Product Details

TrulySmall Accounting Overview

What is TrulySmall Accounting?

TrulySmall (TS) Accounting is a time-saving accounting application that automates bookkeeping tasks for small business owners. Using machine learning, TS Accounting categorizes and reconciles expenses with bank and credit card transactions, and provides accurate, complete, and real-time reports in one-click. In addition to automatic reconciling, TS Accounting also provides OCR and receipt-matching. Simply drop an image of a receipt in the Inbox and TS Accounting will automatically match it to a transaction. The platform also includes smart Invoicing that will match deposits and payments to customer records. TS Accounting supports multi-currency, allowing users to select currency for every transaction, including invoices and expenses. TS Accounting allows for multiple users and user roles, making it a collaborative platform for the small business owner and the accounting professional. Items that need review and are not reconciled are viewed in an Inbox, where you can categorize and provide more information as needed. TS Accounting provides everything a small business owner needs to run their business. Get set up with TS Accounting and get a year’s worth of data in reports in 10 minutes or less.

TrulySmall Accounting Details
Languages Supported
English, French, Japanese, Spanish
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How do you position yourself against your competitors?

TrulySmall Accounting provides everything a small business owner needs to run their business. Get set up with TrulySmall Accounting and get a year’s worth of data in reports in 10 minutes or less.


Seller Details
Seller
Kashoo
Year Founded
2009
HQ Location
Vancouver, BC
Twitter
@KashooOnline
2,243 Twitter followers
LinkedIn® Page
www.linkedin.com
11 employees on LinkedIn®

Angel Z.
AZ
Overview Provided by:

Recent TrulySmall Accounting Reviews

KW
Kevin W.Small-Business (50 or fewer emp.)
5.0 out of 5
"TrulySmall is Truly Great for a Small Company"
TrulySmall Accounting is very easy to use and very economical.
Verified User
U
Verified UserSmall-Business (50 or fewer emp.)
5.0 out of 5
"Perfect features for small business bookkeeping"
Has a great bank feed feature that allows for capturing all of your transactions, plus the ability to post adjusting journal entries. Easy setup - ...
EJ
Egbevurie J.Small-Business (50 or fewer emp.)
5.0 out of 5
"It’s been easy, straight forward and very helpful"
Well for starts, it is very easy to understand and navigate through, I had no stress with figuring out how it works. It's very diverse as well prov...
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TrulySmall Accounting Media

TrulySmall Accounting Demo - Reports in 5 minutes—it’s that easy
No more excel spreadsheets or wasted time. When you connect your bank to TrulySmall Accounting, you’ll get all of your critical business reports generated in 5 minutes or less. We'll help you understand your business better, apply for loans, and get you ready for tax season!
TrulySmall Accounting Demo - Automate your entire accounting process
Start automating your accounting process to get back all of the time you’ve previously wasted on bookkeeping! Just connect to your bank and we’ll automatically categorize and post all your transactions.
TrulySmall Accounting Demo - Your business is unique and so are your books
We know that every small business is unique. You can personalize TrulySmall Accounting to work for your business needs by editing your categorization rules! ‘Apply Once’ or “Change Rule’ and we’ll remember it forever.
TrulySmall Accounting Demo - Optimized to reduce stress during tax season
TrulySmall Accounting categorizes all of your transactions into IRS and CRA-approved categories. This means you’ll always be prepared for tax filing.
TrulySmall Accounting Demo - Convenience for your clients, quicker payments for you
Add a ‘Make a Payment’ button to your invoices and allow your clients to pay your invoices digitally! 70% of global customers prefer electronic payment and will pay an invoice faster if the option is available.
TrulySmall Accounting Demo - Stop worrying and start getting paid
Send invoices, check statuses, and get insights on payment times. We’ll even send out automatic reminders to your clients when an invoice comes due. We’ll also automatically reconcile your account and match any invoices to incoming payments so you never have to wonder if an invoice has been p...
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Video Reviews

65 TrulySmall Accounting Reviews

4.5 out of 5
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65 TrulySmall Accounting Reviews
4.5 out of 5
65 TrulySmall Accounting Reviews
4.5 out of 5

TrulySmall Accounting Pros and Cons

How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Cons

Overall Review Sentiment for TrulySmall AccountingQuestion

Time to Implement
<1 day
>12 months
Return on Investment
<6 months
48+ months
Ease of Setup
0 (Difficult)
10 (Easy)
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EJ
Small-Business(50 or fewer emp.)
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Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about TrulySmall Accounting?

Well for starts, it is very easy to understand and navigate through, I had no stress with figuring out how it works. It's very diverse as well providing currencies of all kinds and having diverse features, the fact I can connect to my business bank account for automatic transactions and bookkeeping was mind blowing, and to top it all off it's very affordable, so I'd definitely recommend it's been a life saver to my farming business accounts. Review collected by and hosted on G2.com.

What do you dislike about TrulySmall Accounting?

The bank account connect feature should be easier to set up and an available feature for more countries. Review collected by and hosted on G2.com.

What problems is TrulySmall Accounting solving and how is that benefiting you?

It plays a big role in my financial records, and the fact I can attach receipt to the expenses made and it arranges all transactions concurrently make it easy for me to understand my finances and know my profit or losses Review collected by and hosted on G2.com.

YD
Small-Business(50 or fewer emp.)
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Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about TrulySmall Accounting?

I really like the fact that TrulySmall Accounting is very intuitive and easy to use. I also like the fact that the dashboard allows me to see an overall financial picture of my business without a lot of manual input on my part. TrulySmall Accounting offers the bank feeds that I need (especially Square) and the information downloaded integrates accurately into the software. Review collected by and hosted on G2.com.

What do you dislike about TrulySmall Accounting?

I really don't have any dislikes. It would be nice if it were a little less expensive but the yearly pricing seems to be in keeping with other similar software that offers what I am looking for. Also, I have tried cheaper services and there is always a major component missing. Review collected by and hosted on G2.com.

What problems is TrulySmall Accounting solving and how is that benefiting you?

TrulySmall Accounting allows me to keep up with my business accounting without entering a lot of information manually. With other software, I have found that there are always bank transactions or something else that I need to enter manually. When I fall behind with entering this information, as I typically do, my accounting becomes inaccurate and it prompts me to not utilize the software. TrulySmall Accounting allows me to import all of my key accounts and keeps them accurately updated. When I go to my account, even if I have not been as attentive as I should be, my balances and transactions are still accurate and give me a full, current financial picture. Review collected by and hosted on G2.com.

Joanna R.
JR
Freelance Digital Content Producer
Small-Business(50 or fewer emp.)
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Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about TrulySmall Accounting?

TrulySmall Accounting was very easy to figure out and utilize when starting out in my freelancer journey. It was recommended to me by a friend and I am very happy with the platform overall. The monthly payment is at a reasonable pricepoint as well. I use the platform monthly when I need to invoice a client. Review collected by and hosted on G2.com.

What do you dislike about TrulySmall Accounting?

I think some of the invoicing tools can be a little difficult to manage at first but once you get the hang of it, it's fairly simple. Review collected by and hosted on G2.com.

What problems is TrulySmall Accounting solving and how is that benefiting you?

It helps me keep track of my invoices and the amounts owed to me. Will definitely be handy come tax season. Review collected by and hosted on G2.com.

Verified User in Computer Games
UC
Small-Business(50 or fewer emp.)
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Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about TrulySmall Accounting?

It's pretty much flawless at keeping track of invoices. Adding new clients is simple, and the actual act of creating invoices for those clients and sending them off is quick and easy. Whenever a client pays me, I can register that within 2 clicks. I don't have to do any special tracking of taxes paid, it handles that for me. I can create my own categories of invoices if necessary. I'm not a power user by any means, but everything I need it to do is done professionally. Review collected by and hosted on G2.com.

What do you dislike about TrulySmall Accounting?

It still feels a little bit expensive for what it is, but this might simply be my lack of experience with comparable pieces of accounting software. I'd also appreciate a little bit more customization in the presentation of the invoices that are sent to my clients. Review collected by and hosted on G2.com.

What problems is TrulySmall Accounting solving and how is that benefiting you?

My previous solution to invoice tracking was simply to track it myself in my own spreadsheet, but that started to get complicated as I took on a more diverse array of contracts (some from other countries). TrulySmall simplified that. Review collected by and hosted on G2.com.

Verified User in Marketing and Advertising
UM
Small-Business(50 or fewer emp.)
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Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about TrulySmall Accounting?

This application is amazing for those who own and operate a small business, and want to keep track of all of the receipts easily. This application also works great to take a count of everything that was received and spent and easily pass it on to your accountant/bookkeeper during tax season! Review collected by and hosted on G2.com.

What do you dislike about TrulySmall Accounting?

There is a little bit of a learning curve when it comes to using the application but once you get the hang of it, it's very easy to use! Sometimes it can also be a little tricky to remember that you need to add your receipts. Review collected by and hosted on G2.com.

What problems is TrulySmall Accounting solving and how is that benefiting you?

This application benefits me by being able to take account of all of my invoices, as well as my accounts, payable, keeping everything in order perfect for tax season! Review collected by and hosted on G2.com.

Verified User in Mental Health Care
UM
Small-Business(50 or fewer emp.)
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Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about TrulySmall Accounting?

Has a great bank feed feature that allows for capturing all of your transactions, plus the ability to post adjusting journal entries. Easy setup - I was launched and importing my feed in a few minutes. The reports are enough for my purposes as well. Review collected by and hosted on G2.com.

What do you dislike about TrulySmall Accounting?

The login process is annoying - would be nice to have FaceID as an option for the mobile app. Review collected by and hosted on G2.com.

What problems is TrulySmall Accounting solving and how is that benefiting you?

I was using an Excel spreadsheet to account for my business, as Quickbooks was too much for what I needed. This fits the bill perfectly. Review collected by and hosted on G2.com.

KW
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about TrulySmall Accounting?

TrulySmall Accounting is very easy to use and very economical. Review collected by and hosted on G2.com.

What do you dislike about TrulySmall Accounting?

There was some difficulty connecting to our company bank account. Review collected by and hosted on G2.com.

What problems is TrulySmall Accounting solving and how is that benefiting you?

We needed a very basic accounting package to get started. TrulySmall Accouting is fit for purpose. Review collected by and hosted on G2.com.

Verified User in Retail
UR
Small-Business(50 or fewer emp.)
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Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about TrulySmall Accounting?

In my search for beginner-friendly accounting software, I came across Truly Small Accounting. Organizing everything was a breeze, thanks to its user-friendly interface. Review collected by and hosted on G2.com.

What do you dislike about TrulySmall Accounting?

One thing I didn't like was the pricing. But I was I took advantage of the promotion which allowed me to try out the software at a lower price. No other improvements needed. Review collected by and hosted on G2.com.

What problems is TrulySmall Accounting solving and how is that benefiting you?

As a small business owner, this accounting software has been a lifesaver for managing incoming and outgoing expenses. The ability to easily attach receipts has streamlined my organization process. Review collected by and hosted on G2.com.

PW
Small-Business(50 or fewer emp.)
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Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about TrulySmall Accounting?

I like that it integrates directly with my bank account, it makes reconciling my accounts a breeze. Also I can scan in my receipts to make my expenses a breeze. Review collected by and hosted on G2.com.

What do you dislike about TrulySmall Accounting?

I recognize that there are some limitations and I work with the TS team to solve them, even if there's not always a built-in way to do something their team has been able to help me make it work. Review collected by and hosted on G2.com.

What problems is TrulySmall Accounting solving and how is that benefiting you?

Managing my business books, it makes it easy and I hardly have to think about it anymore. Review collected by and hosted on G2.com.

Verified User in Higher Education
UH
Small-Business(50 or fewer emp.)
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Validated Reviewer
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about TrulySmall Accounting?

Absolutley nothing! The software is littered with coding issues. Our accountant spent hours trying to get it set up. Review collected by and hosted on G2.com.

What do you dislike about TrulySmall Accounting?

The customer service was the worst. Monika was condescending and dismissive. They were not responsive to enquiries. Communication was brutal. Review collected by and hosted on G2.com.

What problems is TrulySmall Accounting solving and how is that benefiting you?

It is not solving any of our problems. In fact, it created so many. We switched to Quickbooks. Review collected by and hosted on G2.com.