Making the best choice when comparing QuickBooks Online and Truly Small for business invoicing requires an understanding of the variations in features, cost and target market.
For freelancers and startups, Truly Small provides a free plan but QuickBooks Online takes a more conventional approach without a free tier. Longer trial periods and specialized modules are provided by both but QuickBooks Online is more expensive.
While both platforms provide features for invoicing such as estimates, custom templates and expense tracking, QuickBooks Online is better suited for service-based businesses due to its more sophisticated features such as, time and mileage tracking.
With support for numerous payment gateways and accounting software compatibility, QuickBooks Online provides strong integration capabilities. Although Truely Small provides simplified features, expanding businesses are unable to access its API.
While QuickBooks Online provides a comprehensive, feature-rich experience with strong mobile functionality, Truly Small offers a straightforward, user-friendly interface. Both platforms are more user-friendly because they provide a variety of support channels.
While Truly Small offers pre-built reports but lacks custom reporting functionality which limits in-depth business analysis, QuickBooks Online offers both custom report creation and pre-built financial reports.
While QuickBooks Online offers better scalability, functionality and long-term business support for companies planning growth or needing advanced features, Truly Small provides affordable solutions for independent contractors and microbusinesses.
| QuickBooks Online | Truly Small | |
|---|---|---|
| Core Features | ||
| Custom Templates | Yes | Yes |
| Send Estimates/Quotations | Yes | Yes |
| Recurring Billing Automation | Yes | Yes |
| Expense Tracking | Yes | Yes |
| Time Tracking | Yes | No |
| Mileage Tracking | Yes | No |
| Automated Payment Reminders | Yes | Yes |
| Project-Based Billing | Yes | Yes |
| Tax Handling | Yes | Yes |
| User Permissions/Role Management | Yes | Yes |
| File Uploads | Yes | Yes |
| Pricing and Plans | ||
| Free Plan Availability | No | Yes |
| Pricing Range | Simple Start: $11.40/month Essentials: $22.50/month Plus: $34.50/month Advanced: $82.50/month |
trulysmall.Invoice: $8.99/month trulysmall.Expense: $8.99/month trulysmall.Accounting: $20/month |
| Trial Period | 30-day free trial available | 14 days |
| User Limits | Simple Start: 1 user Essentials: 3 users Plus: 5 users Advanced: 25 users |
Not specified |
| Client Limits | Unlimited clients | Not specified |
| Storage Limits | No specific limits | Not specified |
| Payment Processing Fees | Online Payments: 2.9% + $0.25 Mobile/Card Reader: 2.4% per swipe, 3.4% + $0.25 per keyed transaction ACH: 1% (max $10) |
Credit/Debit Card: 2.9% + $0.30 ACH: 1% |
| Ease of Use | ||
| User Interface | Moderate | Simple |
| Onboarding Experience | Comprehensive | Basic guides |
| Mobile App Availability | Available for iOS and Android | Yes |
| Mobile App Functionality | Invoice creation, expense tracking, receipt capture, mileage tracking | Core invoicing features |
| Integration | ||
| Payment Gateways Supported | QuickBooks Payments, Stripe, PayPal, Square | PayPal, Stripe |
| Accounting Software Compatibility | QuickBooks Desktop, Xero, Sage, FreshBooks | CSV/Excel export |
| CRM Integration | Native CRM, third-party CRMs, contact management | DocHub, Stripe |
| API Availability | Yes | No |
| Reporting & Analytics | ||
| Bank Connections | Yes | Yes |
| Pre-Built Financial Reports | Yes | Yes |
| Custom Report Creation | Yes | No |
| Security & Compliance | ||
| Dashboard Metrics | Yes | Yes |
| Data Encryption | Yes | Yes |
| GDPR Compliance | Yes | Yes |
| Backup Options | Automatic – Cloud-based | Automatic |
| Customer Support | ||
| Support Channels | Phone, Live Chat, Email, User forums | |
| Help Center/Knowledge Base | Yes | Yes |
| 24/7 Support | No | No |
| Adaptability | ||
| Multi-Currency Support | Yes | Yes |
| Localization | Yes | English primarily |
| Industry-Specific Customization | Yes | Yes |
| Scalability | Full scalability across all business sizes | Freelancers and very small businesses |
| Read QuickBooks Online Review | Read Truly Small Review |
