Carbon farming is a nature-based solution to capture atmospheric CO2 and store it as soil organic carbon (SOC). Carbon farming trading schemes (CFTS) incentivize farmers to adopt these practices. Integral to CFTS is forecasting the SOC changes of individual projects, typically achieved using traditional multicompartmental soil carbon models (mSCM), and monitor total SOC stocks. However, traditional mSCM simulate unmeasurable compartments, leading to overparameterization and indeterminable partitioning among carbon compartments, suggesting a need for structural improvements. The ProCarbon-Soil (PROCS) model addresses this need abstracting fundamental principles of mSCM, reducing SOC state variables to two (total carbon and decomposability), and employing only one stabilization parameter, compared to the 4–8 state variables and 7–20 parameters typically required by mSCM. We mathematically derive methods for decomposability estimation and model initialization using successive carbon measurements. PROCS can handle environmental modifiers and events such as crop rotations, tillage, and manuring events, and respond to soil characteristics and weather conditions. Tests show that PROCS can accurately reproduce synthetic SOC trajectories generated by an mSCM with perturbed parameters using short-term data (12 years) with acceptable accuracy (median RMSE < 1.03 Mg ha-1 and absolute median of MB < 0.55 Mg ha-1). In a cross-validation test, the mean NRMSE closely aligns with the CV of white noise introduced in the synthetic data (4.15% vs 4.00%, respectively) for augmented carbon inflow scenarios, whereas the model exhibits higher errors for the no-carbon-inflow scenario (NRMSE = 5.48, 7.25 and 8.99% for 12, 24 and 50 years, respectively).