How Sumly compares

Three realistic options: a traditional accounting firm, other Cyprus-built accounting software, or generic international software localized for Cyprus. The comparisons above take each seriously — but only Sumly combines the software with company formation, a Sumly certified bookkeeper in your own dashboard, auditor arrangement and the Yellow Slip, with books that open the day you order formation.

Ask what happens to the Cyprus VAT return. Software localized for many countries gives you tax rates and reports and leaves the return for you to assemble; software built for Cyprus generates it from the books, box by box, with VIES and provisional tax native. Then ask about bank feeds, who files, and whether an accountant can work inside it. Is the return generated from the books, or assembled by hand? Do the Cyprus banks feed in read-only over open banking? Who reviews and files — you, a bookkeeper, or nobody?

Both can be right; the trap is paying a firm's rates for data entry. Software with AI bookkeeping removes the typing; a professional still adds review, judgment and the year-end. Sumly gives you both routes: Base if you do the review yourself, Premium if a Sumly certified bookkeeper should — and an independent Partner Auditor either way. The long version is on our Sumly vs a Cyprus accounting firm page.

Every claim about a named product comes from a dated, linked source — their own site, app store or press — and is re-checked quarterly. We state differences we can verify, we never call another product inaccurate or non-compliant, and where a competitor lists something we don't we say "not listed" rather than guessing. We also say plainly what the other option does well. And yes, we conclude in favour of Sumly, with the reasons on the page. If you find something out of date, tell us and we'll correct it.

Yes — every plan starts with a 30-day free trial with your real books, so you can run a month in parallel with your current setup and compare the results. Or book a free video demo, and we'll walk you through Sumly and migrate your existing books for free.