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Akounto vs TrulySmall Accounting: Which Accounting Software Is Better?


Disclosure: We may earn commissions if you shop through the links below.

Last Updated: May 22, 2025

Both Akounto and TrulySmall Accounting are leading accounting software solutions, but which one is better for you and your business?

Below we compare Akounto and TrulySmall Accounting across nearly 50 different data points to help you make find the right one.

Akounto vs TrulySmall Accounting Reviews

AkountoTrulySmall Accounting
Trustpilot Rating4.33.8
Number of Trustpilot Reviews72
iPhone App RatingNo RatingNo Rating
Number of iPhone App ReviewsNo ReviewsNo Reviews
Android App RatingNo RatingNo Rating
Number of Android App ReviewsNo ReviewsNo Reviews

Akounto vs TrulySmall Accounting Pricing

AkountoTrulySmall Accounting
Free TrialYesYes
Free Trial Length30 days14 days
Cheapest Plan NameStartupTrulySmall Accounting
Cheapest Plan Cost Per Month$20NA
Mid Priced Plan NameGrowthNA
Mid Priced Plan Cost Per Month$20NA
Top Plan NameExpansionNo
Top Plan Cost Per Month$30NA

Akounto vs TrulySmall Accounting Features

FeaturesAkountoTrulySmall Accounting
Target Business SizeSmallSmall
Tax HelpYesYes
Income & ExpensesYesYes
BookkeepingYesYes
Send InvoicesYesYes
Collect Payments Via Bank TransferYesYes
Collect Payments Via Credit CardYesYes
Recurring PaymentsYesYes
Enter BillsYesYes
Reconcile Bank TransactionsYesYes
Bank Account IncludedNoNo
Cash Flow ReportYesYes
W-9 + 1099 ManagementNoNo
Help With Sales TaxYesYes
Use Multiple CurrenciesYesYes
Expense TrackingYesYes
Payroll Software IntegrationNoNo
Tax DeductionsYesYes
Receipt CaptureNoYes
Mileage TrackingNoNo
Time ManagementNoNo
Inventory ManagementNoYes
User Access ControlsNoYes
Financial PlanningYesYes
Import/Export To & From ExcelYesYes
Free SupportYesYes
APINoYes

List of Other Software Integrations

AkountoTrulySmall Accounting
  • Amazon
  • Shopify
  • eBay
  • Etsy
  • DocHub
  • Stripe

Akounto Startup Features

  • Create and manage Upto 40 invoice
  • Manage unlimited customers
  • Customisation of invoice
  • Create unlimited products
  • Create unlimited bill
  • Manage unlimited vendors
  • Connect unlimited bank accounts
  • Customise chart of accounts
  • Easy categorisation of transactions
  • Get financial reports (Balance Sheet, P&L Account)
  • Manage sales tax
  • Use estimates and automated recurring Invoice
  • Create automated recurring bills
  • Reconcile bank accounts
  • Option to opt for Cash or Accrual based accounting
  • Invite 1 user only

TrulySmall Accounting TrulySmall Accounting Features

  • Automate Accounting Process
  • Send Invoices
  • Track Income & Expenses
  • Track Sales Tax
  • Essential Reporting
  • True Double Entry Ledger
  • Free Companion App
  • IRS/CRA Standard CoA

Akounto Expansion Features

  • Create and manage unlimited invoice
  • Manage unlimited customers
  • Customisation of invoice
  • Create unlimited products
  • Create unlimited bill
  • Manage unlimited vendors
  • Connect unlimited bank accounts
  • Customise chart of accounts
  • Easy categorisation of transactions
  • Get financial reports (Balance Sheet, P&L Account)
  • Manage sales tax
  • Use estimates and automated recurring Invoice
  • Create automated recurring bills
  • Reconcile bank accounts
  • Option to opt for Cash or Accrual based accounting
  • Invite unlimited users
  • Credit note
  • Create billable expense
  • Use purchase order
  • Accounts receivable and accounts payable
  • Connect 2 additional business
  • Multi currency invoice
  • Multi currency bill
  • Software support from expert

TrulySmall Accounting No Features

NA

Akounto vs TrulySmall Accounting Pro & Cons

AkountoTrulySmall Accounting
Pros
  • Affordable pricing
  • Easy to use
  • Best for small businesses
  • Ideal for small businesses and freelancers
  • Automatic categorization with custom rules
  • Simple and easy to use
Cons
  • Serve only customers in the United States
  • Learning curve
  • Limited features than competitors
  • No advanced accounting features
  • Doesn’t offer third-party integrations
  • Can’t save invoices as PDFs

Other Accounting Software Comparisons

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  • TopNotepad vs Acclux
  • AccountEdge Pro vs Striven
  • HoneyBook vs Striven
  • NetSuite vs Kashoo
  • FreshBooks vs AccountEdge Pro
  • Striven vs Neat
  • Odoo Accounting vs TrulySmall Accounting
  • FreshBooks vs Neat
  • Odoo Accounting vs Acclux

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