Sumly vs QuickBooks
QuickBooks is capable software, but Cyprus gets its Global edition. There you create your own VAT rates, and no Cypriot bank is in its feed directory. Sumly is built for Cyprus and prepares the VAT return and VIES, the monthly report of your sales to EU businesses, from your books.
- 30-day free trial
- Free migration
- Fixed monthly prices
Sumly and QuickBooks, side by side.
| Feature |  Sumly | QuickBooks |
|---|---|---|
| Built for Cyprus tax | Yes | Global edition, no Cyprus edition |
| Cyprus VAT rates set up | Yes | You create your own |
| Cyprus VAT return from the books | Yes | A generic tax statement |
| VIES from the same books | Yes | Not in Intuit's tax help |
| Who submits the return | You on Base, Sumly on Plus, or your Sumly certified bookkeeper on Premium | You, on the tax portal |
| Feeds from Cyprus banks | Yes | Cyprus not in its directory |
| Payroll | Add-on, €15 per employee a month | None on the global site |
| Mobile app | Yes | Yes |
| Company formation | Yes | No |
| Books before the company is registered | Yes | No |
| Yellow Slip and tax residency | Yes | No |
| Year-end auditor arranged | Yes | No |
| Free trial | 30 days | 30 days |
QuickBooks details read on 26 August 2026 from Intuit's global pricing, bank-feeds, VAT and GST, and country-chooser pages, its global help centre and its global terms of service.
Where they part ways.
Both keep a proper ledger, with bank feeds, receipt capture and a phone app. The difference is whether the Cyprus return exists before someone files it.
It knows the Cyprus return.
Every Cyprus VAT code maps to a box on the official return, with VIES from the same books. In QuickBooks you set up the rates first, then assemble the return.
It forms the company.
We register your Cyprus company for €950 plus government fees, approved or every euro back. Accounting software isn't in that business.
A bookkeeper when you want one.
On Premium, a Sumly certified bookkeeper works in your own books. You order the audit in Sumly too, and the Yellow Slip if you're an EU citizen moving here.
What it costs.
QuickBooks is €8 a month cheaper on the subscription. What the difference buys is the Cyprus VAT return.
Do it yourself
- Sumly Base
€39/ month
The full platform. Sumly prepares VAT, VIES and tax returns from your books, and you file them.
- QuickBooks Essentials
€31/ month, list
The tier where multi-currency, recurring invoices and bill management start, with 3 users. Cyprus isn't on Intuit's lists of countries with built-in VAT rates.
Done for you
- Sumly Premium
€190/ month
Your own Sumly certified bookkeeper keeps the books and files every return. The audit is extra, from €950.
- Essentials, plus whoever files
€31/ month, plus the filing
No bookkeeping service on Intuit's global menu. You prepare the return, mark it filed and type the figures into the tax portal, or pay someone to.
Sumly prices exclude VAT. QuickBooks list prices read on 26 August 2026 from quickbooks.intuit.com/global/pricing, which states no VAT basis, and Intuit's terms bill fees plus applicable taxes, VAT included. Intuit was advertising 90% off for 6 months when we checked.
Pick the one that fits.
Both lists are true. If the second sounds more like you, we'd rather you knew now than three months in.
Pick Sumly if
- You need the Cyprus VAT return itself, not a report you retype
- You want your VAT return and VIES to come out of one set of books
- You bank with Bank of Cyprus, Hellenic Bank, Alpha Bank or Eurobank
- You want formation, a bookkeeper, the auditor and the Yellow Slip in one place
Pick QuickBooks if
- You run companies outside Cyprus too, where Intuit sells UK and Ireland editions
- You carry stock and need inventory management, which Intuit lists and we don't
- You need more users, with 3 on Essentials, 5 on Plus at €45 and 25 on Advanced at €75
- Your accountant already works in QuickBooks
Switch any month. We move you for free.
Book a call and we'll show you Sumly, then move your books across from QuickBooks. Your opening balances come with you, so mid-year is fine.
- How Sumly would run your own books
- What moving from QuickBooks involves
- Which plan fits, and what it costs
30 minutes, by video, free
Your questions, answered.
Spotted something out of date? WhatsApp us and we'll correct it.
Other comparisons
- Sumly vs an accounting firm in CyprusA firm bills a retainer plus a fee per return. Sumly has fixed monthly prices.
- Sumly vs CybooksCyprus-built software that keeps the books much like Sumly. The difference is everything around them.
- Sumly vs BalabookCyprus-built software with proper double-entry books. Its bank feeds are still in Early Access.
- Sumly vs TidyBooksCyprus-built software that also forms companies. Close on price, far apart on the trial.
- Sumly vs XeroGlobal software with a big app store. The Cyprus VAT return comes from a second app.
- Sumly vs SageSold country by country, with no Cyprus edition. The return comes out Irish or British.