What Is TrulySmall Accounting?

A time-saving accounting application that automates bookkeeping tasks for small business owners. Using machine learning, Kashoo 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, Kashoo also provides OCR and receipt-matching. Simply drop an image of a receipt in the Inbox and Kashoo will automatically match it to a transaction.

TrulySmall Accounting Details

Kashoo

http://www.kashoo.com

Founded 2008

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TrulySmall Accounting pricing overview

See pricing plans

TrulySmall Accounting offers a free trial. TrulySmall Accounting paid version starts at US$18.00/month.


Starting Price

US$18.00/month See pricing details

Free Trial

TrulySmall Accounting deployment and support

Deployment

  • Cloud, SaaS, Web-based

TrulySmall Accounting Features

  • API
  • Access Controls/Permissions
  • Accounting Software
  • Accounts Payable Software
  • Accounts Receivable Software
  • Activity Dashboard
  • Activity Tracking
  • Approval Process Control
  • Audit Management
  • Audit Trail
  • Automatic Billing
  • Bank Reconciliation
  • Billing & Invoicing
  • Budgeting/Forecasting
  • CPA Firms
  • Compliance Management
  • Credit Card Processing
  • Document Storage
  • Expense Claims
  • Expense Tracking
  • Financial Management Software
  • Financial Reporting Software
  • Fixed Asset Management Software
  • For Government
  • Fund Accounting Software
  • General Ledger
  • Income & Balance Sheet
  • Inventory Management Software
  • Inventory Tracking
  • Invoice Management
  • Mobile Access
  • Multi-Currency
  • Multi-Location
  • Nonprofits
  • Order Management Software
  • Payroll Management
  • Project Accounting Software
  • Project Management Software
  • Projections
  • Purchase Order Management
  • Purchasing & Receiving
  • Quotes/Estimates
  • Receipt Management
  • Recurring/Subscription Billing
  • Reminders
  • Sales Tax Management
  • Status Tracking
  • Tax Management Software
  • Third Party Integrations
  • Workflow Management Software

View full list of Accounting Software

  • ACH Payment Processing
  • API
  • Account Reconciliation
  • Accounting Integration
  • Accounting Software
  • Activity Dashboard
  • Aging Tracking
  • Alerts/Notifications
  • Approval Process Control
  • Bank Reconciliation
  • Billing & Invoicing
  • Cash Flow Management
  • Cash Management
  • Check Processing
  • Collections Management
  • Contact Database
  • Credit Card Processing
  • Customer Statements
  • Customizable Reports
  • Customizable Templates
  • Data Import/Export
  • Discount Management
  • Document Management Software
  • Electronic Payments
  • Expense Tracking
  • Financial Analysis
  • Financial Management Software
  • Forecasting
  • General Ledger
  • Inventory Management Software
  • Inventory Tracking
  • Invoice Management
  • Invoice Processing
  • Multi-Currency
  • Online Payments
  • Order Management Software
  • Overpayment Processing
  • Partial Payments
  • Profit/Loss Statement
  • Purchase Order Management
  • Real Time Data
  • Real Time Reporting
  • Receipt Management
  • Receivables Ledger
  • Recurring/Subscription Billing
  • Reminders
  • Reporting & Statistics
  • Sales Tax Management
  • Third Party Integrations
  • Workflow Management Software

View full list of Accounts Receivable Software

  • API
  • Accounting Integration
  • Accounting Software
  • Activity Dashboard
  • Activity Tracking
  • Alerts/Notifications
  • Billing & Invoicing
  • Billing Portal
  • Client Portal
  • Contact Database
  • Contingency Billing
  • Credit Card Processing
  • Customizable Branding
  • Customizable Invoices
  • Customizable Reports
  • Customizable Templates
  • Document Management Software
  • Document Storage
  • Dunning Management
  • Electronic Payments
  • Email Management Software
  • Estimating
  • Expense Tracking
  • Financial Management Software
  • Hourly Billing
  • Invoice Creation
  • Invoice History
  • Invoice Management
  • Invoice Processing
  • Mobile Payments
  • Multi-Currency
  • Online Invoicing
  • Online Payments
  • Payment Processing Software
  • Project Billing
  • Projections
  • Purchase Order Management
  • Purchasing & Receiving
  • Quotes/Estimates
  • Real Time Data
  • Real Time Reporting
  • Recurring/Subscription Billing
  • Reminders
  • Reporting & Statistics
  • Sales Tax Management
  • Tax Calculation
  • Third Party Integrations
  • Time & Expense Tracking
  • Timesheet Management
  • Workflow Management Software

View full list of Billing and Invoicing Software

  • ACH Payment Processing
  • API
  • Access Controls/Permissions
  • Account Reconciliation
  • Accounting Integration
  • Accounting Software
  • Accounts Payable Software
  • Accounts Receivable Software
  • Activity Dashboard
  • Bank Reconciliation
  • Billing & Invoicing
  • Bookkeeping Services Integration
  • Budgeting/Forecasting
  • Cash Flow Management
  • Cash Management
  • Categorization/Grouping
  • Collections Management
  • Credit Card Processing
  • Customizable Templates
  • Data Import/Export
  • Document Storage
  • Electronic Payments
  • Estimating
  • Expense Claims
  • Expense Tracking
  • Financial Analysis
  • Financial Management Software
  • Fixed Asset Management Software
  • General Ledger
  • Income & Balance Sheet
  • Invoice Management
  • Invoice Processing
  • Mobile Access
  • Multi-Currency
  • Payroll Management
  • Profit/Loss Statement
  • Purchase Order Management
  • Real Time Data
  • Receipt Management
  • Recurring/Subscription Billing
  • Reminders
  • Reporting & Statistics
  • Revenue Recognition
  • SSL Security
  • Sales Tax Management
  • Spend Management Software
  • Tax Management Software
  • Third Party Integrations
  • Transaction History
  • Vendor Management Software

View full list of Bookkeeper Software

  • API
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  • Activity Dashboard
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  • Audit Trail
  • Bid Management
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  • Budget Control
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  • Cash Management
  • Construction Breakdowns
  • Contract/License Management
  • Customizable Reports
  • Customizable Templates
  • Data Import/Export
  • Document Management Software
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  • General Ledger
  • Inventory Management Software
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  • Job Costing Software
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  • Mobile Access
  • Multi-Currency
  • Multiple Projects
  • Overrun Reporting
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  • Project Accounting Software
  • Project Time Tracking
  • Project Tracking Software
  • Projections
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  • Quotes/Estimates
  • Real Time Data
  • Real Time Reporting
  • Real-time Updates
  • Recurring/Subscription Billing
  • Reporting & Statistics
  • Subcontractor Management
  • Third Party Integrations
  • Time & Expense Tracking
  • Timesheet Management

View full list of Construction Accounting Software

  • API
  • Account Reconciliation
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  • Accounting Software
  • Activity Dashboard
  • Activity Tracking
  • Approval Process Control
  • Audit Management
  • Audit Trail
  • Budgeting/Forecasting
  • Categorization/Grouping
  • Compliance Management
  • Configurable Workflow
  • Corporate Card
  • Credit Card Management
  • Currency Conversion
  • Customizable Fields
  • Customizable Reports
  • Data Import/Export
  • ERP
  • Electronic Payments
  • Expense Claims
  • Expense Tracking
  • Financial Analysis
  • Fraud Detection
  • Invoice Management
  • Invoice Processing
  • Mileage Tracking
  • Mobile Access
  • Mobile Receipt Upload
  • Multi-Currency
  • Policy Management Software
  • Projections
  • QuickBooks Integration
  • Real Time Analytics
  • Real Time Data
  • Real Time Notifications
  • Real Time Reporting
  • Real-time Updates
  • Receipt Management
  • Reimbursement Management
  • Reminders
  • Reporting & Statistics
  • Single Sign On Software
  • Spend Analysis
  • Spend Control
  • Third Party Integrations
  • Time & Expense Tracking
  • Timesheet Management
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View full list of Expense Report Software

  • API
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  • Bank Reconciliation
  • Budgeting/Forecasting
  • Cash Flow Management
  • Cash Management
  • Compliance Management
  • Configurable Workflow
  • Consolidation/Roll-Up
  • Currency Management
  • Customizable Reports
  • Dashboard Creation
  • Data Import/Export
  • Data Visualization Software
  • Electronic Payments
  • Financial Analysis
  • Financial Management Software
  • Financial Reporting Software
  • Fixed Asset Management Software
  • Forecasting
  • General Ledger
  • Investment Management Software
  • Invoice Management
  • Invoice Processing
  • Mobile Access
  • Monitoring
  • Multi-Company
  • Multi-Currency
  • Planning Tools
  • Project Management Software
  • Project Time Tracking
  • Projections
  • Real Time Analytics
  • Real Time Data
  • Real Time Monitoring
  • Real Time Reporting
  • Reporting & Statistics
  • Revenue Recognition
  • Risk Management Software
  • Tax Management Software
  • Third Party Integrations
  • Transaction History
  • Transaction Monitoring
  • User Management
  • Visual Analytics
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View full list of Financial Management Software

  • "What If" Scenarios
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  • Approval Process Control
  • Audit Management
  • Audit Trail
  • Bank Reconciliation
  • Billing & Invoicing
  • Budgeting/Forecasting
  • Cash Flow Management
  • Cash Management
  • Compliance Management
  • Consolidation/Roll-Up
  • Customizable Reports
  • Customizable Templates
  • Dashboard Creation
  • Data Import/Export
  • Data Visualization Software
  • ERP
  • Electronic Payments
  • Expense Tracking
  • Financial Analysis
  • Financial Management Software
  • Forecasting
  • General Ledger
  • Income & Balance Sheet
  • Invoice Management
  • Invoice Processing
  • Monitoring
  • Multi-Company
  • Multi-Currency
  • Planning Tools
  • Profit/Loss Statement
  • Projections
  • Purchase Order Management
  • Real Time Analytics
  • Real Time Data
  • Real Time Reporting
  • Receipt Management
  • Reporting & Statistics
  • Reporting/Analytics
  • Scenario Planning
  • Third Party Integrations
  • Visual Analytics
  • Workflow Management Software

View full list of Financial Reporting Software

  • API
  • Account Reconciliation
  • Accounting Integration
  • Accounting Software
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  • Accounts Receivable Software
  • Activity Dashboard
  • Ad hoc Reporting
  • Audit Trail
  • Bank Reconciliation
  • Budgeting/Forecasting
  • CRM Software
  • Cash Flow Management
  • Cash Management
  • Charting
  • Check Printing
  • Collaboration Tools
  • Contact Management Software
  • Credit Card Processing
  • Customizable Reports
  • Customizable Templates
  • Donation Tracking
  • Electronic Payments
  • Financial Analysis
  • Financial Management Software
  • Fixed Asset Management Software
  • Fund Accounting Software
  • General Ledger
  • Grant Management Software
  • Income & Balance Sheet
  • Inventory Management Software
  • Inventory Tracking
  • Invoice Management
  • Invoice Processing
  • Multi-Currency
  • Payroll Management
  • Profit/Loss Statement
  • Project Accounting Software
  • Purchase Order Management
  • Purchasing & Receiving
  • Real Time Data
  • Real Time Reporting
  • Receipt Management
  • Recurring/Subscription Billing
  • Reporting & Statistics
  • Sales Tax Management
  • Third Party Integrations
  • Time & Expense Tracking
  • Timesheet Management
  • Vendor Management Software

View full list of Nonprofit Accounting Software

  • API
  • Access Controls/Permissions
  • Approval Process Control
  • Audit Trail
  • Barcode / Ticket Scanning
  • Batch Processing
  • Collaboration Tools
  • Compliance Management
  • Convert to PDF
  • Data Capture and Transfer
  • Data Extraction Software
  • Data Import/Export
  • Data Verification
  • Document Automation
  • Document Conversion
  • Document Imaging
  • Document Management Software
  • Document Review
  • Document Storage
  • Document Templates
  • Drag & Drop
  • Electronic Signature
  • Email Address Extraction
  • File Management
  • File Transfer
  • Full Text Search
  • ID Scanning
  • Image Editing
  • Image Library
  • Image Pre-processing
  • Indexing
  • Invoice Management
  • Invoice Processing
  • Metadata Extraction
  • Metadata Management
  • Multi-Language
  • Multiple Data Sources
  • Multiple Format Support
  • Multiple Output Formats
  • Natural Language Search
  • Offline Access
  • PDF Conversion
  • Process Control
  • Reporting/Analytics
  • Role-Based Permissions
  • Search/Filter
  • Secure Data Storage
  • Text Editing
  • Text Extraction
  • Third Party Integrations
  • Workflow Management Software
  • Zone Selection Tool

View full list of OCR Software

  • API
  • Access Controls/Permissions
  • Activity Dashboard
  • Activity Tracking
  • Ad hoc Analysis
  • Ad hoc Query
  • Ad hoc Reporting
  • Audit Management
  • Budgeting/Forecasting
  • Charting
  • Collaboration Tools
  • Customizable Branding
  • Customizable Dashboard
  • Customizable Reports
  • Customizable Templates
  • Dashboard Creation
  • Data Connectors
  • Data Import/Export
  • Data Synchronization
  • Data Visualization Software
  • Drag & Drop
  • Financial Analysis
  • Financial Reporting Software
  • Forecasting
  • Marketing Reports
  • Monitoring
  • Multiple Data Sources
  • OLAP
  • Performance Management
  • Performance Metrics
  • Predictive Analytics Software
  • Projections
  • Real Time Analytics
  • Real Time Data
  • Real Time Reporting
  • Real-time Updates
  • Reporting & Statistics
  • Reporting/Analytics
  • Role-Based Permissions
  • Sales Reports
  • Sales Trend Analysis
  • Scheduled / Automated Reports
  • Search/Filter
  • Single Sign On Software
  • Summary Reports
  • Third Party Integrations
  • Trend Analysis
  • Visual Analytics
  • Widgets
  • Workflow Management Software

View full list of Reporting Software

  • ACH Payment Processing
  • API
  • Access Controls/Permissions
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  • Address Validation
  • Audit Management
  • Audit Trail
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  • Client Portal
  • Compliance Management
  • Consumer Use Tax
  • Credit Card Processing
  • Dashboard Creation
  • Data Import/Export
  • Data Storage Management
  • Data Synchronization
  • Data Verification
  • Data Visualization Software
  • Deadline Management
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  • Document Storage
  • Document Templates
  • Electronic Payments
  • Exemption Management
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  • Financial Management Software
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  • Monitoring
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  • Multiple User Accounts
  • Policy Management Software
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  • Real Time Notifications
  • Reporting & Statistics
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  • Secure Data Storage
  • Status Tracking
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  • Taxability Verification
  • Third Party Integrations
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  • Value Added Tax (VAT)
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View full list of Sales Tax Software

TrulySmall Accounting Alternatives

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TrulySmall Accounting Reviews

Read all reviews

Overall rating

3.6/5

Average score

Ease of Use 3.2
Customer Service Software 4.2
Features 3.2
Value for Money 3.8

Review software

Share your experiences with other software buyers.

Write a Review!
Verified Reviewer
Owner
Computer Software, Self Employed
Used the Software for: 1+ year
  • Overall Rating
    5 /5
  • Ease of Use
    4 /5
  • Features & Functionality
    3 /5
  • Customer Support Software
    5 /5
  • Value for Money
    5 /5
  • Likelihood to Recommend
    7/10
  • Reviewer Source 
  • Reviewed on 2021-04-27

"Good Value for the money"

Comments: I am happy with my experience and software does what I need for the price.

Pros: Easy to use, simple interface, many easy to use reports to help you keep track of your finances

Cons: Does not work on my iphone, and balancing my books or correcting issues are tricky has the software only allows certain transactions.

Vendor Response

by Kashoo on 2021-05-17

Thanks so much for submitting your review on TrulySmall Accounting! We're happy to hear that the simple-to-use system is working for your business!

If you're having troubles with balancing or correcting certain transactions, please reach out to our customer support through live chat on our website or at [email protected] We're sure there's a easy to implement solution that we can provide!

As for the iPhone app, we're actually SUPER close to launching our iPhone companion app! Please keep an eye out in your emails for the launch announcement!

  • Reviewer Source 
  • Reviewed on 2021-04-27
Jarrett M.
Owner
Printing, Self Employed
Used the Software for: 1-5 months
  • Overall Rating
    4 /5
  • Ease of Use
    4 /5
  • Features & Functionality
    4 /5
  • Customer Support Software
    5 /5
  • Value for Money
    5 /5
  • Likelihood to Recommend
    10/10
  • Reviewer Source 
  • Reviewed on 2021-05-04

"TrulySmall helps me keep better accounting, in less time"

Pros: The Smart Inbox helps me stay on track with what I need to do on the accounts. Removing the bulk of the data entry task is a huge timesaver. I don't like accounting, but TrulySmall makes it so much easier on me. I like the snapshot analysis on the dashboard. The user interface is very clean.

Cons: As a graduate from Kashoo Classic, one of the things I would like to see in TrulySmall is the auto entry for GST filing. The report creation is easy and I like being able to call up a report with a click, but for now, the journal to deal with remittance of GST has to be entered manually. The help articles need to fill out a bit on this topic. Generally, more help articles need to be created to update a lot of the instruction from Kashoo Classic that is still relevant in the TrulySmall environment. Also, I needed extra help because I hit a wall backfilling data on a bank feed account where my bank was not supplying all the transaction data back to my transaction start date in TrulySmall. But hey, customer service helped me sort it.

Vendor Response

by Kashoo on 2021-05-17

Hey Jarret!

Thank you for taking the time to submit a review on TrulySmall Accounting. We're super happy to hear that our time-saving features have been helping you!

We're definitely still working on creating a better, more in-depth knowledge base for TrulySmall Accounting. Currently, when you go to help.kashoo.com, we have a separate category for TrulySmall Accounting articles so that might help you distinguish between the Kashoo Classic ones and the new ones. We're still adding to this database so stay tuned! Hopefully, we can address more of your issues soon.

Thanks!

  • Reviewer Source 
  • Reviewed on 2021-05-04
Richard S.
Senior Product Manager/Producer
Entertainment, 2-10 Employees
Used the Software for: 6-12 months
  • Overall Rating
    3 /5
  • Ease of Use
    2 /5
  • Features & Functionality
    3 /5
  • Customer Support Software
    4 /5
  • Value for Money
    3 /5
  • Likelihood to Recommend
    5/10
  • Reviewer Source 
  • Reviewed on 2021-04-28

"Kashoo - When you can't afford Quickbooks"

Comments: It's okay.

Pros: Easy to get started, and functional when dealing with small numbers of transactions. Customer support has greatly improved. I've heard that they are actively working on improving the product, so opinions may change.

Cons: DO NOT go near this software if you are a e-comm focused heavy transaction business. Handling multiple transactions simultaneously is impossible. App and web versions are not compatible in some cases. Data import options are severely limited.

Vendor Response

by Kashoo on 2021-05-17

Thank you so much for submitting your feedback! TrulySmall Accounting definitely works best for truly small businesses that have 500 or less transactions a year.

For editing multiple transactions at the same time, we do offer a bulk edit feature that allows you to categorize several transactions at once!

We're definitely still looking to grow and improve our app so we really appreciate your feedback!

  • Reviewer Source 
  • Reviewed on 2021-04-28
Angela N.
Owner
Farming, 2-10 Employees
Used the Software for: 1-5 months
  • Overall Rating
    4 /5
  • Ease of Use
    4 /5
  • Features & Functionality
    4 /5
  • Customer Support Software
    5 /5
  • Value for Money
    4 /5
  • Likelihood to Recommend
    7/10
  • Reviewer Source 
  • Reviewed on 2021-05-04

"Great support"

Comments: It is new for me to use accounting software like this so it is a steep learning curve and I've appreciated the support.

Pros: It's super easy to use and the support has been very available, respectful, and knowledgeable

Cons: There are many times where my purchases (from my bank feed) get mislabelled. For example a purchase from Osborne Seed Company gets inputted as Ornery Beer Company. This happens regularly.

Vendor Response

by Kashoo on 2021-05-17

Hey Angela!

Thanks so much for taking the time to submit your review for TrulySmall Accounting! We're glad our support has been able to help you along the way.

We're looking into the mislabeled transactions so please reach out to support and let us know the next time you see this happening as it will help with our investigations.

Thank you!

  • Reviewer Source 
  • Reviewed on 2021-05-04
Andrew H.
Owner
Farming, Self Employed
Used the Software for: 2+ years
  • Overall Rating
    2 /5
  • Ease of Use
    2 /5
  • Features & Functionality
    2 /5
  • Customer Support Software
    2 /5
  • Value for Money
    2 /5
  • Likelihood to Recommend
    0/10
  • Reviewer Source 
  • Reviewed on 2021-05-07

"Your software makes me feel crazy"

Comments: Frustrating - wish we could do a screen share with support!

Pros: The new version is to cut down... online banking doesn't work which makes the rest of your improvements useless. So many things dont seem to work for us.

Cons: Fix the search!!! Even if I type the entire name of my supplier (ie Amazon) into the search it comes up last.... so annoying. Is there a UX cycle even done on the product?

  • Reviewer Source 
  • Reviewed on 2021-05-07