Making the best choice for your company’s invoicing requirements requires an understanding of the distinctions between Square Invoices and Truly Small.
Truly Small and Square Invoices both provide invoicing features like recurring billing automation, estimate creation and personalized templates. Truly Small provides excellent expense management and multi-currency support, making it perfect for global enterprises while Square Invoices offers integrated payment processing and smooth transaction processing.
Square Invoices provides a paid Plus plan for $49/month and a free plan with unlimited cloud storage. Truly Small provides customized packages with a modular pricing structure. Square charges 2.9% + $0.30 per transaction and 1% for ACH transfers but other payment processing fees vary.
Truly Small concentrates on core features while Square Invoices offers complete mobile functionality and round-the-clock customer support. Both companies have user-friendly interfaces and mobile app functionality.
While Truly Small concentrates on independent contractors and small businesses, Square Invoices provides strong integration with Xero and QuickBooks Online, as well as API availability for custom integrations and an integrated customer directory system.
While pre-built financial reports, dashboard metrics and bank connections are provided by both services, Square Invoices allows for the creation of custom reports for more adaptable financial analysis.
Truly Small provides small businesses and freelancers with robust expense management and global capabilities while Square Invoices offers scalability, integration of payment processing and all-encompassing support for expanding enterprises.
| Square Invoices | Truly Small | |
|---|---|---|
| Core Features | ||
| Custom Templates | Yes | Yes |
| Send Estimates/Quotations | Yes | Yes |
| Recurring Billing Automation | Yes | Yes |
| Expense Tracking | Limited | Yes |
| Time Tracking | No | No |
| Mileage Tracking | No | 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 | Yes | Yes |
| Pricing Range | Free: $0/month Plus: $49/month Premium: $149/month |
Invoice: $8.99/month Expense: $8.99/month Accounting: $20/month |
| Trial Period | No | 14 days |
| User Limits | No strict limits | Not specified |
| Client Limits | Unlimited | Not specified |
| Storage Limits | Unlimited cloud storage | Not specified |
| Payment Processing Fees | Varies by payment gateway | Credit/Debit: 2.9% + $0.30 per transaction ACH: 1% per transaction |
| Ease of Use | ||
| User Interface | Simple | Simple |
| Onboarding Experience | Yes | Basic guides |
| Mobile App Availability | Yes | Yes |
| Mobile App Functionality | Create, send invoices, accept payments | Core invoicing features |
| Integration | ||
| Payment Gateways Supported | Credit cards, Apple Pay, Google Pay, Cash App Pay, ACH, Afterpay | PayPal, Stripe |
| Accounting Software Compatibility | QuickBooks Online, Xero integration | CSV/Excel export |
| CRM Integration | Customer Directory system built-in | 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 | Automatic |
| Customer Support | ||
| Support Channels | Phone, Chat, Email | |
| Help Center/Knowledge Base | Yes | Yes |
| 24/7 Support | Partial – 24/7 for premium users | No |
| Adaptability | ||
| Multi-Currency Support | No | Yes |
| Localization | English | English (primarily) |
| Industry-Specific Customization | Yes | Yes |
| Scalability | Freelancers to Small/Medium Businesses | Freelancers and Very Small Businesses |
| Read Square Invoices Review | Read Truly Small Review |
