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Sumly

The AI accountant for Cyprus. Connect your bank and Sumly sorts every expense and prepares your VAT, VIES and IP Box. 1,200+ founders. 30 da

Visit Sumlysumly.cy
from€39Free planFree trial
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Overview

The AI accountant for Cyprus. Connect your bank and Sumly sorts every expense and prepares your VAT, VIES and IP Box. 1,200+ founders. 30 days free, no card.

AI summary

Sumly is an AI-powered bookkeeping tool designed specifically for businesses in Cyprus, automating the categorization of expenses and preparation of tax returns like VAT and VIES. Users can connect their bank accounts, drop in receipts, and rely on the AI to manage their bookkeeping, saving time and potentially reducing costs.

Sources behind this listingSee source links, recorded dates and owner corrections.

Observed facts come from public pages. Founder-edited facts are supplied by the verified owner. AI-inferred facts are model interpretations; derived facts are calculated from other data. A source link lets you check the current page. It does not guarantee the fact is still current.

Dates show when a record was saved. Some older records use the listing’s update date; they are not proof of a fresh check. Missing source records are shown explicitly.

TaglineThe AI accountant for Cyprus. Connect your bank and Sumly sorts every expense and prepares your VAT, VIES and IP Box. 1,200+ founders. 30 da
ObservedRecorded Source: sumly.cy
DescriptionThe AI accountant for Cyprus. Connect your bank and Sumly sorts every expense and prepares your VAT, VIES and IP Box. 1,200+ founders. 30 days free, no card.
ObservedRecorded Source: sumly.cy
Starting price€39
ObservedRecorded Source: sumly.cy
Free planYes
ObservedRecorded Source: sumly.cy
Free trialYes
ObservedRecorded Source: sumly.cy
Pricing modelfreemium
AI-inferredRecorded Source: www.sumly.cy
IntegrationsQuickBooks, Shopify, WooCommerce, Xero
ObservedRecorded Source: sumly.cy
Plan: BaseFree
AI-inferredRecorded Source: www.sumly.cy
Plan: Premium€390/mo
AI-inferredRecorded Source: www.sumly.cy
SummarySumly is an AI-powered bookkeeping tool designed specifically for businesses in Cyprus, automating the categorization of expenses and preparation of tax returns like VAT and VIE...
AI-inferredRecorded Source link unavailable

Pricing

Pricing recorded 15 September 2026Pricing page
Base
Free
  • Invoicing & automated bookkeeping
  • Automatic bank reconciliation
  • VAT, VIES & tax returns prepared
Premium
€390/mo
€325/mo billed yearly
Flat
  • Your own Sumly certified bookkeeper
  • VAT, VIES & payroll filed for you
  • Year-end accounts handled
Free tier: 30 days free trial with no card needed.

Key Features

  • Connect your bank and automatically sort transactions.
  • Prepare VAT and VIES returns ready for filing.
  • AI categorizes every transaction and matches receipts.
  • Create and send branded invoices directly from the platform.
  • Manage payroll and employee details seamlessly.

Who Is It For

Target audience

Small business owners and founders in Cyprus who need a straightforward, automated approach to bookkeeping and tax preparation.

Best for

Startups and small to medium-sized businesses in Cyprus looking for efficient bookkeeping solutions.

–Not for

Larger enterprises or businesses outside of Cyprus that may require more complex accounting solutions.

Strengths & Weaknesses

Biggest strength

The automation of bookkeeping tasks, which allows users to save significant time and reduce the need for traditional accounting services.

Biggest weakness

Limited to the Cyprus market, which may not appeal to businesses operating in other regions or countries. (AI-inferred; may be outdated. Founders can correct this)

Classification

Likely competitors
XeroQuickBooksFreshBooks

Alternatives to Sumly

See all alternatives to Sumly

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How we sourced this: Observed fields () were crawled from https://sumly.cy when recorded. Source links and dates are available above. AI-inferred fields () were generated by gpt-4o-mini and are always labelled, never presented as measured fact. Last updated: 8 October 2026. Site availability checked: 8 October 2026. Is this your tool? Claim it to edit and get a do-follow badge.