What’s New in TrulySmall Accounting (Product Update)

By Tham Moyo
on February 10, 2026

Ready to streamline your invoicing experience? Try TrulySmall™ Invoices for free!

We’ve been hard at work developing new features to make your workflow smoother and your life easier—and we’re excited to finally show them off.

✨ What’s New: Smart Features to Save You Time

Mobile-optimized Application We have significantly improved the TrulySmall platform to be fully responsive, meaning it now adapts perfectly to any screen size. This enhancement provides you with access to core features that were not available on the Mobile app. [learn more]
Bank Reconciliation You can now manually reconcile your bank and credit card accounts directly within TrulySmall to ensure your books match your monthly statements. Simply compare your statement to your TrulySmall records and “match” transactions to confirm accuracy. [learn more]
Estimates Create professional proposals for your clients that can be easily emailed, tracked, and accepted online. Once approved, convert a single estimate into one or multiple invoices with just a click. [learn more]
Products Module Easily manage items you frequently buy or sell (services or non-inventory goods) in our new centralized Products section. These items can now be quickly applied to Invoices, Bills, and Expenses to save you manual entry time. [learn more]
Project-Based Tracking You can now define specific projects to directly attribute invoices, bills, and expenses to them and organize your work. This ensures you can easily track revenue and costs for specific jobs to see exactly how profitable they are. [learn more]
Reconciliation History & Export Save your reconciliations or export them as detailed PDFs, including matched and unmatched items. You can also view a full history log to track exactly when and how records were reconciled.
Customizable Invoices & Estimates You can now add custom email messages and PDF footers to your invoices and estimates, giving your documents a personal, professional touch. Set a default message for consistency, or override it individually before sending. [learn more]
“Leave in Inbox” Rules We have added a new rule setting that keeps ambiguous transactions, like meals or general store purchases, in your inbox for review. This prevents the system from auto-posting unsure items, giving you full control over how they are categorized.
Email History Logs An email log is now accessible for every invoice or estimate, providing full visibility into your communications . This log tracks the sender, recipient, transaction value, and exact timestamps to confirm delivery.
Multi-Page Bulk Actions Managing high volumes of data is now effortless with the ability to select records across multiple pages at once. Simply check items on different pages and perform a single bulk action, such as “un-posting,” to handle everything in one step.
Flexible Tax Expense Reporting You now have the option to bundle non-recoverable tax amounts directly into the expense account rather than tracking them in a separate tax account. This setting helps streamline your reports by keeping the total cost of an expense in a single line item. [learn more]
Period Locking for Data Integrity Admin-level users can now lock specific accounting periods to prevent any accidental edits or additions to closed transactions and reports. This update guarantees that your finalized financial reports remain 100% accurate for tax filing. [learn more]
Deep Dive with Profit & Loss by Contact: You can now run Profit & Loss reports grouped by contact to see exactly which clients or vendors drive your revenue and expenses. Additionally, a new focus field allows you to view only income, only expenses, or both to tailor your analysis.

⚡ Speed & Reliability: Faster, More Accurate Financials

Smart Alerts for Estimates Never miss a potential sale by subscribing to daily or weekly notifications for expiring estimates. You can manage these preferences directly in your User Profile to stay on top of your sales pipeline.
Smart Transfer Detection The system now automatically attempts to identify transfers between accounts, such as withdrawals to cash, rather than leaving them as income or expense. This reduces manual adjustments and keeps your cash flow tracking accurate.
Streamlined Transaction Editing You can now change transaction types (e.g., converting an expense to a transfer) on posted items without moving them back to the inbox first. This update significantly speeds up your workflow when bulk editing or correcting records.
Reconciliation Safeguards To ensure your financial data remains historically accurate, reconciled statements are now locked to prevent accidental changes. If you need to make adjustments, the system ensures you can only remove the latest reconciliation to protect previous records.
Expanded Inline Editing We have added the ability to edit transaction descriptions directly from your list view without opening each individual record. This quick-edit feature has been expanded to Adjustments, Invoices, Bills, Payments, and Refunds to keep your workflow moving fast.
Enhanced Report Sorting: New sorting options allow you to organize your Profit & Loss reports by Name, Account Number, or Amount. This helps you identify high-value items and trends faster without manual organization
Improved Account Filtering: You can now filter by record type directly on the Accounts page to locate specific transactions instantly. This saves time by removing the need to sift through unrelated data to find specific invoices or bills.

🛡️ Fixes & Updates: Polishing for Accuracy

Cleaner Categorization Unknown transactions can now be set to stay in your Inbox rather than automatically defaulting to generic “Other Expense” or “Other Income” categories. This eliminates the need to hunt down and re-categorize vague entries later.
Refreshed Email Designs We have updated our email templates to provide a cleaner, more modern look for your client communications.
Ledger Integrity Estimates are designed to be non-posting, meaning they generate no journal entries and do not impact your financial reports. This ensures your accounting records reflect only actual financial events, not pending proposals.
Automated Account Mapping TrulySmall now automatically generates the correct sub-accounts for “Sales Income” or “Cost Of Goods Sold” when new products are added. This prevents manual mapping errors and keeps your Chart of Accounts standardized.
Interactive Report Links: Account and Contact names within reports are now clickable links, significantly speeding up your workflow. This allows you to jump immediately from high-level summaries to specific contact or account details.
Improved Data Visibility: Account numbers are now explicitly shown on Profit & Loss reports for better clarity. This ensures your financial statements align perfectly with your internal chart of accounts numbering.

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