TrulySmall

The product is cloud accounting and invoicing software that automates income and expense tracking, bank reconciliation, and financial reporting to reduce manual bookkeeping and tax preparation work. It is for small business owners, freelancers and solopreneurs, and finance and operations staff at very small companies who need to manage invoicing and daily finances. It is delivered as a subscription SaaS application with bank connections via Plaid and Stripe and free invoice templates.

Key features

• Automated income and expense tracking
• Bank reconciliation and transaction categorization
• Invoicing and estimates with payment tracking
• Automatic posting with custom rules
• Financial reporting in 5 minutes
• Digital payments via Make a Payment button
• Multi-currency support for 135+ currencies
• Receipt scanning with OCR matching
• IRS and CRA approved categorization
• Two-factor authentication and 256-bit encryption