# Summarly

> Summarly simplifies accounting, taxes and billable hours for small businesses. It keeps the books, tracks tax deadlines and turns logged hours into invoices, so the owner's time goes on the work that pays rather than the admin — with their accountant working from the same books. It is software, not an accounting firm: Summarly prepares, and you or your accountant sign and file.

Summarly is for small business owners who would rather not run their own back office: solo owners, the self-employed, and firms of up to about ten people — freelancers, consultants and practices that bill their time, as well as shops and online businesses. What they share is not how they earn but that they own an entity with obligations, work with an accountant, and did not start the business to do admin.

Summarly is open for sign-up with a free tier that stays free, and a Premium plan at €8/month. A 15-minute call with the founders can be booked from the home page.

Summarly is country-generic. Invoicing, timesheets, receipts, bank reconciliation, financial statements and documents work anywhere. Only the statutory side — filing deadlines, tax computation, payroll — is local, and it is a per-country module: Cyprus is the first.

Summarly is modular. Beyond the core — transactions, receipts, categorization and the assistant — each area is an add-on you install from a Features page and can remove again: Invoicing (which includes Timesheets), Payroll, VAT, Tax filing, Financials, Documents and Books. Installing is free on every plan; Premium raises limits and adds automation rather than unlocking sections.

## What it does

From billable hours to paid invoices:

- Logs the hours you work against a project for each customer, on a week or month calendar — drag a range, type a start and end, type a duration, or run a timer that keeps going across pages and devices
- Tracks time as a team: every entry belongs to a person, everyone logs against shared projects, owners and editors can log for a colleague, and each project shows who has worked on it (Free includes one editor; Premium allows unlimited editors)
- Prices a project hourly (the customer's rate, in their currency), as a fixed monthly retainer, or as non-billable, and shows what is still unbilled so no worked hour goes unnoticed
- Creates an invoice from a project's logged time — one line of hours × rate, with the entries optionally listed on a second PDF page, and the time locked to the invoice until it is deleted
- Creates and sends invoices generally: a WYSIWYG editor with per-invoice VAT, your own numbering and currency, PDF download, credit notes, and scheduled delivery
- Bills retainers on their own — recurring invoices go out every month without anyone remembering to send them (Premium)
- Tracks who owes you and since when: unpaid and overdue at a glance, with a payment on your statement offered against the invoice it settles
- Rebills expenses paid for a customer to their project, as a recharge or a disbursement

Bookkeeping that mostly does itself:

- Captures receipts from phone photos (an Apple Shortcut, "Save to Summarly"), from PDFs and images you upload, and by forwarding an email to your workspace's own receipt address
- Imports transactions from CSV and bank statement files, mapping any bank's columns, skipping duplicates and linking foreign-currency card fees back to their purchase
- Matches every receipt to the correct bank transaction and attaches it, so nothing is reconstructed from a shoebox at month-end
- Categorizes each line from your own vendor history, with suggestions you confirm — never applied silently
- Keeps a two-level chart of accounts your accountant will recognise, plus rules keyed to the vendor rather than a fragile text match

Know your numbers:

- Shows profit and loss month by month — a chart of income and expenses with the month table beneath it, with Income and Expenses opening into categories, a Year / Months toggle, and several fiscal years side by side
- Produces the four financial statements — trial balance, income statement, balance sheet and cash flow — for any period, from the transactions you already approved, with a separate ledger for year-end adjustments
- Tracks your VAT position quarter by quarter: output, input and what you owe, current as of the last transaction that landed
- Answers questions about your books in plain language ("What's my VAT position?", "How much on travel since January?") grounded in your real ledger, not guesses
- Stores company documents in nested folders, with a title, summary and tags written automatically on each PDF or image
- Renders your year as Books — a wall of covers, one per month, and a bare register behind them; nothing to action, just the ledger looked at

Taxes and filings, on time — local rules, Cyprus only today:

- Lists every tax and filing obligation for your legal form in date order — VAT returns, PAYE and social insurance remittances, provisional tax and company filings — with what's due, when, and roughly what it will cost from your own numbers (payroll amounts are exact), plus a weekly email of what's coming up and a temporary-tax computation worksheet
- Runs payroll: generates each employee's monthly payslip on the current Social Insurance, GHS and PAYE rates, tells you exactly what to pay, and reconciles every salary and contribution against the bank

Your accountant, in the same books:

- Invites your accountant or a colleague into the workspace with an Editor or read-only role, so they work in your books instead of rebuilding them
- Turns their questions into requests, answered from the emailed link without a password
- Exports an accountant bundle — every transaction with its receipt attached, VAT columns included

## Not available yet

Stated plainly so these aren't reported as shipped features:

- **Automatic bank sync.** Open-banking connections are built (via Enable Banking) but deliberately not enabled; today transactions come in by CSV or statement import. It is intended to be included with Premium.
- **Tax calendar, tax computation and payroll outside Cyprus.** More countries are planned. Everything else is country-neutral.
- **Multi-currency conversion.** Amounts are reported in the workspace's base currency; there is no FX conversion between currencies.
- **Filing.** Summarly never submits anything to a tax authority, and there is no accounting firm behind it. It is software.
- **Payment reminders.** Summarly shows what is unpaid and overdue, but does not yet email customers about overdue invoices.
- **Contracts and legal documents.** Drafting contracts, NDAs or IP registrations with a lawyer is planned, not built.
- **Point-of-sale or payout integrations.** There is no Stripe, Shopify or marketplace connection; a payout arrives as a line on the bank statement like any other income.

## Who it's for

- Small business owners who would rather not run their own back office — solo, self-employed, or up to about ten people
- Freelancers, consultants and practices that bill hourly or on retainer
- Shops and online businesses, whose sales land on the bank statement (Summarly is the book of record, not the point of sale)
- Their accountants, who work inside the same workspace rather than rebuilding the books from exports

## Pages

- [Home](https://summarly.com/): what Summarly does, section by section — billable hours to paid invoices, bookkeeping, your numbers, taxes and filings, and your accountant — each shown as an annotated screen, with a 15-minute founder call to book
- [Pricing](https://summarly.com/pricing): what each plan costs and includes, and the FAQ
- [For accountants](https://summarly.com/alpha): clients keep their own records and the firm reviews decisions rather than doing data entry; seats priced per client
- [Cyprus](https://summarly.com/cyprus): the first local module — deadlines by legal form, provisional tax, VAT and VIES, payroll with Social Insurance and GHS
- [Bookkeeping](https://summarly.com/bookkeeping): the jobs behind a small firm's finances, each explained before Summarly's part in it
- [Small firms](https://summarly.com/small-firms): Summarly for freelancers, consultants and law practices that bill their time
- [Story](https://summarly.com/story): who builds it and why
- [Privacy Policy](https://summarly.com/privacy): how Summarly collects, uses, and protects data
- [Terms](https://summarly.com/terms): terms of service
- [AI Terms](https://summarly.com/ai-terms): how the assistant and automatic categorization are governed

## Contact

- Sign up at https://summarly.com
- Email: founders@summarly.com