Choose MyInvoiceDB if
Billing is your main daily job.
- ✓You want easy GST invoices without training
- ✓You do not want to pay for a licence
- ✓You track stock and customer dues
- ✓Your CA does the accounting and returns
Tally is full accounting software used by many businesses and CAs, sold with paid licences. Many small shops only need fast GST invoices, stock and dues. For that, MyInvoiceDB is a free and simpler option. For full books, Tally is the stronger tool. Here is the comparison, including what Tally costs.

| MyInvoiceDB | Tally | |
|---|---|---|
| Price | Free. No subscription. Pay only for WhatsApp messages you send. | Paid licence. TallyPrime Silver (one PC) is approx. ₹22,500 one-time plus approx. ₹4,500 a year for renewal; Gold (multi-user) is approx. ₹67,500 plus approx. ₹13,500 a year. Prices before GST. Check their website for current plans and prices. |
| Devices | Windows PC and Android phone | Windows desktop |
| Where data is kept | Saved on your own PC or phone. Optional backup to your Google Drive. | On your PC or server |
| Accounting depth | Billing, stock, payments and reports. Not full double-entry accounting. | Full double-entry accounting |
| Users | One owner account. No separate staff logins. | Multi-user editions available |
| GST returns | Does not file or export GST returns. Share data with your CA. | Supports GST return work |
| Setup time | Sign in with Google, install, add your business details and bill the same day. | Needs company and ledger setup. Many shops take an accountant's help to start. |
| Internet needed | Not needed for daily billing after the first sign-in. Needed for updates, Drive backup and WhatsApp. | Not needed for daily work |
| Learning curve | Made for shop owners. No accounting training needed. | Accounting terms and shortcuts. Training is common. |
| Working with your CA | Export invoices and reports to Excel and hand them to your CA. | Your CA can work directly in Tally. |
Competitor details are general public information and can change. Product names are trademarks of their owners. Last checked: October 2026.
Billing is your main daily job.
Billing is your main daily job.
You need real accounting.
Common reasons a small shop picks a simpler billing app for the counter.
Some shops bill in a simple app and let their CA keep books in Tally. MyInvoiceDB can export your data to Excel to share with your CA.
No. For business use, Tally is paid software with a one-time licence and an optional yearly renewal for updates. Tally has an educational mode with limits, meant for learning, not for running a shop. MyInvoiceDB is free for business use.
As of October 2026, TallyPrime Silver (one PC) is approx. ₹22,500 one-time and Gold (multi-user) approx. ₹67,500, plus GST, with an optional yearly renewal of approx. ₹4,500 or ₹13,500 for updates. Check Tally's website for current prices.
If you mainly need GST bills, stock and customer dues, MyInvoiceDB does that for free. If you need full books, a balance sheet and GST return preparation, Tally is the right tool. Many shops use both: bill in MyInvoiceDB and let the CA keep books in Tally.
Not for full accounting. MyInvoiceDB is a billing app. It does not keep double-entry books or file GST returns.
There is no Tally file export or import. You can export invoices and reports to Excel and share them with your CA.
No. MyInvoiceDB is an independent product by MyCodeStyle. Tally is a trademark of its owner. There is no Tally import or sync.
For daily billing, yes. It is made for shop owners who are not accountants.
Download the installer, sign in once with Google inside the app and start billing free. Add wallet money only when you want to send WhatsApp messages.