Why TrulySmall is the Best Accounting Software for Sole Proprietors

We believe accounting should be automated, accessible, and most importantly simple. If you find yourself spending countless hours figuring out complex spreadsheets or paying for “industry standard” software features you never use, it’s time to switch to a solution designed for businesses exactly like yours.

TrulySmall Accounting is a software solution specifically built for Canadian and USA “micro-businesses” such as sole proprietors and independent contractors. These are single operators who need a streamlined way to manage their finances without the complexity of enterprise-level software or payroll management. It focuses on accounting automation, meaning it categorizes transactions and balances books without any manual entry. As a bonus, the learning curve is very minimal, making it an excellent choice even for individuals with no prior accounting knowledge.

Our platform is the ideal fit for:

• Sole Proprietors: Designers, Consultants, Bookkeepers, Writers, Online Coaches, Digital Marketers, Drop Shippers
• Service-Based Businesses: Construction and Skilled Trades, Landscapers, Landlords, Cleaners and Movers, Repair Shops
• The “Automation” Seekers: People who are seeking an automated accounting solution so they can focus on growing their business.

However, TrulySmall is not for everyone. It’s not a good fit for:

• High-Volume E-commerce: If you’re processing thousands of transactions a month through complex Shopify or Amazon integrations, you might need the heavy lifting of a larger platform.
• Large Teams with Payroll: If you have 10+ employees and need deep, integrated HR and project management suites, we might be too “small” for you.
• Advanced Inventory Management: Businesses that need to track raw materials, assemblies, and multi-warehouse stock should stick with enterprise-level software.

Why Choose TrulySmall?

We’ve stripped away the bloat to focus on the essential tools that help sole proprietors thrive.

• Focused on Automation: TrulySmall Accounting uses Auto Post to automatically import and categorize your bank transactions. You can create your own category rules and the system will remember them going forward.
• Zero Learning Curve: You don’t need a CPA to understand our dashboard. The learning curve is very minimal, making it an excellent choice even for individuals with no prior accounting knowledge.
• Accept Payments Online: You can create and send professional invoices directly from the platform. It supports recurring invoices and online payments to help speed up cash flow.
• Scan Your Receipts: Uploaded receipts are scanned and automatically converted into an expense ready for you to review or edit.
• Save Time: Most of our clients finish their monthly bookkeeping in under thirty minutes.
• Accessible and Affordable: TrulySmall is extremely simple to set up, highly affordable, and works seamlessly on mobile devices, while providing all essential financial reports.

Why TrulySmall Makes Sense over Competitors:

• TrulySmall Accounting includes unlimited users, while competitors restrict access based on how much you pay.
• Multi-currency support is standard. Whether you are buying supplies in USD or selling services in EUR, we have you covered, no upgrade required.
• Automated Recurring Transactions make repetitive billing tasks simple and error-free.
• Expense Splitting lets you define exactly what percentage of an expense is personal use versus business use.
• The Goods & Services feature allows you to save a product catalog for faster invoicing.
• The Bulk Entry tool allows you to easily copy large volumes of data from spreadsheets and save valuable time.
• The Projects tool simplifies managing multiple jobs and locations, while also helping you track profitability.
• Estimates are included and can be converted to an invoice with a single click.
• Sales Taxes are automatically configured based on your province or territory.
• Direct Support Access means you can get assistance from a real person.

The End Result? Monthly Bookkeeping in Under 30 Minutes

Because of our emphasis on automation and simplicity, most of our clients finish their entire monthly bookkeeping in under thirty minutes. Think you’re already “locked in” to another accounting program? Think again. Moving your data to TrulySmall Accounting is a simple two-step process:

1. Connect Your Bank Accounts: This is where the magic happens. In TrulySmall, connect your business bank and credit card accounts. We recommend starting at the beginning of your current fiscal year. Your Customers, Vendors, and Accounts will automatically be created.
2. Reconcile Your Accounts: Our system will automatically begin matching your incoming bank transactions to your customers and vendors. All you need to do is review your opening balances and reconcile your connected accounts.

Pro Tip: You don’t need to move years of historical data. Most of our successful switchers keep a copy of their previous data for “historical reference” while they start their fresh, automated books in TrulySmall at the beginning of the fiscal year.

Try TrulySmall Accounting for free today and see what it feels like to have your business accounting automated.