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

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

FreshBooks vs TrulySmall Accounting Reviews

FreshBooksTrulySmall Accounting
Trustpilot Rating3.43.8
Number of Trustpilot Reviews7792
iPhone App Rating4.7No Rating
Number of iPhone App Reviews10,900No Reviews
Android App Rating4.4No Rating
Number of Android App Reviews5,490No Reviews

FreshBooks vs TrulySmall Accounting Pricing

FreshBooksTrulySmall Accounting
Free TrialYesYes
Free Trial Length30 days14 days
Cheapest Plan NameLiteTrulySmall Accounting
Cheapest Plan Cost Per Month$33NA
Mid Priced Plan NamePlusNA
Mid Priced Plan Cost Per Month$33NA
Top Plan NamePremiumNo
Top Plan Cost Per Month$60NA

FreshBooks vs TrulySmall Accounting Features

FeaturesFreshBooksTrulySmall Accounting
Target Business SizeMediumSmall
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 ManagementYesNo
Help With Sales TaxYesYes
Use Multiple CurrenciesYesYes
Expense TrackingYesYes
Payroll Software IntegrationYesNo
Tax DeductionsYesYes
Receipt CaptureYesYes
Mileage TrackingYesNo
Time ManagementYesNo
Inventory ManagementYesYes
User Access ControlsYesYes
Financial PlanningYesYes
Import/Export To & From ExcelYesYes
Free SupportYesYes
APIYesYes

List of Other Software Integrations

FreshBooksTrulySmall Accounting
  • Square
  • Squarespace
  • Google G Suite
  • Stripe
  • Hubspot
  • Fundbox
  • Bench
  • Zapier
  • DocHub
  • Stripe

FreshBooks Lite Features

  • Billable Clients
  • Client Profiles and Account Statements
  • Clients Can Store Credit Card Info
  • Client Account Portal
  • Client Credits
  • Unlimited Estimates
  • Unlimited + Customized Invoices
  • Automated Recurring Invoices
  • Scheduled Late Fees
  • Automated Late Payment Reminders
  • Accept Deposits
  • Manage Budget and Billing for Projects
  • Online Credit Card Payments
  • Online Bank Transfers (ACH)
  • Checkout Links Get You Paid Without Invoicing
  • Unlimited Time-Tracking
  • Unlimited Expenses
  • Automated Bank Import
  • Mobile Mileage Tracking
  • Tax Time Reports
  • Business Health Reports
  • At-A-Glance Performance Dashboards

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

FreshBooks Premium Features

NA

TrulySmall Accounting No Features

NA

FreshBooks vs TrulySmall Accounting Pro & Cons

FreshBooksTrulySmall Accounting
Pros
  • Built-in time and project tracking
  • Intuitive and user-friendly
  • Good invoicing functionality
  • Ideal for small businesses and freelancers
  • Automatic categorization with custom rules
  • Simple and easy to use
Cons
  • Extra cost for additional team member
  • Limited features with cheapest plan
  • Limited functionality for big businesses
  • No advanced accounting features
  • Doesn’t offer third-party integrations
  • Can’t save invoices as PDFs

Other Accounting Software Comparisons

  • AccountEdge Pro vs Accurants
  • Patriot Software vs FreeAgent
  • HoneyBook vs Neat
  • Kashoo vs Wave Accounting
  • FreshBooks vs Striven
  • Striven vs OneUp
  • Xero vs Kashoo
  • Kashoo vs Accurants
  • Odoo Accounting vs Acclux
  • LessAccounting vs Neat

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