Paper billing got you buried in daily errors?
If you’re still relying on ledgers and spreadsheet hacks to track sales and inventory, you already know how much time and energy this drains.
But the bigger problem kicks in when you lose hours chasing payments and fixing mistakes—and it hurts your cash flow and peace of mind every single day.
That’s where MyBillBook steps in with an app-first approach that combines GST invoicing, inventory tracking, automated reminders, and real-time financial reporting, built specifically for small business owners who want to ditch manual work for good.
In this review, I’ll show you how MyBillBook can simplify your business life so you get control, save time, and stay compliant.
You’ll find everything you need in this MyBillBook review: a full product breakdown, key features, hidden strengths, pricing analysis, and an honest look at how it compares to Zoho, Vyapar and others.
You’ll walk away ready to match the features you need to your biggest headaches—no more guessing or trial-and-error.
Let’s dive into the details.
Quick Summary
- MyBillBook is an easy-to-use billing and accounting software that helps Indian SMBs digitize invoicing, manage inventory, and automate payment collections.
- Best for small and medium-sized businesses needing simple GST compliance and multi-platform access.
- You’ll appreciate its user-friendly design, real-time stock tracking, and automated payment reminders that improve cash flow.
- MyBillBook offers affordable subscription tiers with a 14-day free trial and lifetime free features on Android mobile app.
MyBillBook Overview
MyBillBook is the flagship offering from FloBiz, a Bengaluru-based company founded in 2019. I appreciate their clear mission: to help India’s many small businesses finally digitize their core daily operations.
What really sets them apart is their sharp focus on empowering micro, small, and medium businesses. They are not trying to build a complex enterprise suite, which makes the platform feel uniquely approachable for business owners without an accounting degree.
After a significant $31 million funding round, they’re now expanding into integrated financial and neobanking services. Through this MyBillBook review, you will see how this ambition shapes their product roadmap.
Unlike competitors like TallyPrime that can feel overwhelming, MyBillBook is refreshingly intuitive. Their platform is built around making inventory and GST billing accessible, a focus that feels like it was designed by people who understand real small business pressures.
They work with a massive active user base of over six million businesses. You’ll find them in use by wholesalers, FMCG distributors, and local retailers who need reliable invoicing on the go.
I found their current strategic direction centers on mobile-first accessibility and simplifying critical compliance tasks. This directly addresses your need to manage the business from your phone and finally reduce those GST-related headaches.
Now let’s examine their core capabilities.
MyBillBook Features
Dealing with billing and inventory headaches?
MyBillBook features are designed to simplify your business operations, making it easy to manage everything from invoicing to inventory. Here are the five main MyBillBook features that can transform your daily workflow.
1. GST Billing & Invoicing
Tired of manual invoice errors and compliance worries?
Creating invoices manually can be time-consuming and prone to mistakes. This often leads to compliance issues and delays in getting paid.
MyBillBook allows you to generate professional, GST-compliant invoices quickly, and you can even customize templates. From my testing, the instant sharing via WhatsApp really streamlines the process. This feature ensures you stay compliant and present a professional image.
This means you can generate invoices on the spot, reduce errors, and ensure all sales are automatically recorded.
2. Inventory Management
Struggling with stockouts or too much deadstock?
Inefficient inventory tracking can lead to lost sales or wasted capital on unsold goods. This directly impacts your profitability.
The robust inventory management feature offers real-time stock tracking and low stock reminders. What I love about this approach is how it helps optimize purchasing decisions and manages multiple godowns. This helps you maintain optimal stock levels across all locations.
The result is your business can achieve better stock turnover and minimize losses from expired or excess inventory.
3. Accounting & Bookkeeping
Is financial record-keeping overwhelming your business?
Managing sales, purchases, and expenses manually can be a complex and daunting task. This often leaves businesses guessing about their financial health.
MyBillBook simplifies financial records, giving you instant access to sales summaries and profit and loss reports. This is where MyBillBook shines, providing clear insights without extensive accounting knowledge. This feature empowers you to stay on top of your finances.
So, as a business owner, you can easily track performance and make informed decisions about your financial future.
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4. E-Way Bills & E-Invoicing
Are e-way bills and e-invoicing a manual compliance nightmare?
Navigating electronic invoicing mandates manually can be error-prone and consume significant time. This exposes your business to potential non-compliance penalties.
This feature automates the creation and generation of e-way bills and e-invoices, ensuring seamless compliance. What you get instead is a streamlined process that saves valuable time and reduces errors. It makes a critical compliance step effortless.
This means you can easily adhere to electronic invoicing regulations, freeing up your team for more productive tasks.
5. Payment Reminders & Collection
Chasing overdue payments causing cash flow problems?
Delayed payments are a common frustration that can severely impact your business’s cash flow. This often diverts valuable time away from core operations.
MyBillBook automates payment reminders via WhatsApp and SMS, helping you reduce outstanding payments. From my testing, this feature significantly improves cash flow by prompting timely payments. It tackles the challenge of collections head-on.
The result is your business can experience a significant reduction in average outstanding payments, improving financial stability.
Pros & Cons
- ✅ Highly user-friendly for easy billing and inventory management.
- ✅ Excellent multi-platform accessibility for on-the-go business operations.
- ✅ Automates GST billing and e-invoicing for seamless compliance.
- ⚠️ Renewal costs might be higher than the initial subscription price.
- ⚠️ Some advanced features are only available in paid versions.
- ⚠️ Certain niche features might still be under active development.
You’ll appreciate how these MyBillBook features work together to create a comprehensive business management system that digitizes and simplifies your operations.
MyBillBook Pricing
Unsure about hidden costs?
MyBillBook pricing is transparent, offering tiered plans with clear monthly and annual options, making it easy to budget for your billing and inventory needs.
Plan | Price & Features |
---|---|
Silver Plan | ₹34/month or INR 399/user/year + GST • Android, iOS, web support • Unlimited invoice creation • Inventory management • GSTR-1 reports, business reports • Call & chat support (1 business, 1 user, 1 CA) |
Diamond Plan | ₹217/month • All Silver features • (Additional specific features not detailed in sources) |
Platinum Plan | ₹250/month • All Diamond features • Desktop app access • SMS + WhatsApp marketing (500 msg/year) • 50 e-Way bills/year • Staff attendance & payroll • Unlimited godowns, barcode printing • Bulk download & print invoices (2 businesses, 3 users, 1 CA) |
Enterprise Plan | ₹417/month or INR 471/year • All Platinum features • Unlimited businesses & users • Unlimited e-Way bills, e-invoicing • Loyalty & rewards programs • Automated recurring billing • POS billing (desktop/web), data export to Tally • User activity tracker |
1. Value Assessment
Great pricing transparency here.
From my cost analysis, MyBillBook’s tiered pricing makes it easy to find a plan that fits your business size, starting with highly affordable options. What impressed me is how the pricing scales effectively with your operational needs, giving you predictable costs as you grow.
This approach means your budget can adapt without sudden jumps, offering clear value for your investment.
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2. Trial/Demo Options
Smart evaluation approach available.
MyBillBook offers a 14-day free trial, allowing you to fully explore features before committing to a plan. What I found valuable is that Android mobile users can access core features for life, reducing initial commitment and supporting small businesses.
This lets you test the software’s fit for your operations, ensuring it meets your needs before any significant expenditure.
3. Plan Comparison
Choosing the right tier matters.
The Silver Plan offers essential features for basic needs, while Platinum adds significant value with desktop access and marketing tools. What stands out is how the Enterprise Plan offers unlimited scalability for businesses requiring extensive features like e-invoicing and loyalty programs.
This tiered approach helps you match MyBillBook pricing to actual usage requirements, ensuring you only pay for what you need.
My Take: MyBillBook’s pricing strategy is highly competitive and offers excellent value, especially for Indian SMBs looking for a comprehensive yet affordable digital solution.
The overall MyBillBook pricing reflects transparent, scalable value for growing businesses.
MyBillBook Reviews
What do real customers actually think?
These MyBillBook reviews provide balanced insights into user feedback and experiences, helping you understand what actual customers think about the software.
1. Overall User Satisfaction
Users seem genuinely happy here.
From my review analysis, MyBillBook maintains impressive overall ratings of 4.8 on SoftwareSuggest and 4.6 on Techjockey. What I found in user feedback is that ease of use and user-friendliness are consistent themes across reviews, indicating a smooth experience for most, even new users.
This suggests you can expect a positive initial impression and manageable learning curve.
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2. Common Praise Points
Users consistently love the quick billing.
Customers frequently highlight MyBillBook’s quick billing feature, which allows invoice generation in less than a minute. What stands out in customer feedback is how its multi-platform accessibility provides great flexibility, allowing management from web, desktop, or mobile apps for on-the-go convenience.
This means you can efficiently create invoices and manage your business from anywhere.
3. Frequent Complaints
Some users note higher renewal costs.
Review-wise, a recurring complaint is that renewal costs can be higher than the initial subscription price. From my analysis, some advanced features are exclusively available in paid versions, which might be a concern for small businesses on very tight budgets.
These complaints seem more like minor considerations rather than significant deal-breakers for most.
What Customers Say
- Positive: “myBillBook is very user-friendly… We can also track stock levels, avoid stockouts, and optimize purchasing decisions.”
- Constructive: “Some advanced features are only available in paid versions, which might not be ideal for small businesses.”
- Bottom Line: “Application has made my GST filing easy. Now I am not paying to any CA and depending on him for my monthly fillings.”
The MyBillBook reviews reflect strong overall satisfaction with minor reservations regarding pricing structure for advanced features.
Best MyBillBook Alternatives
Which MyBillBook alternative is right for you?
The best MyBillBook alternatives include several strong options, each better suited for different business situations and priorities. I’ll help you decide based on your specific needs.
1. Vyapar
Searching for a robust, free solution?
Vyapar is often a top choice if you are a freelancer or very small business needing comprehensive inventory management and GST compliance. From my competitive analysis, Vyapar offers extensive features with a free tier, though it currently lacks an iOS application and multi-user login capability.
Choose Vyapar if a free solution, strong inventory, and GST compliance are your main priorities.
2. TallyPrime
Do your accounting needs extend beyond basic billing?
TallyPrime excels for businesses with complex accounting requirements, detailed financial reporting, or a need for on-premises deployment. What I found comparing options is that TallyPrime offers robust accounting for complex needs, unlike MyBillBook’s focus on user-friendliness for simplified billing and mobile access.
Consider TallyPrime when your business demands advanced financial reporting and extensive customization capabilities.
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3. Zoho Books
Are you already in the Zoho ecosystem?
Zoho Books is ideal if you need a more advanced cloud-based accounting solution, especially for features like project accounting or detailed bank reconciliation. Alternative-wise, Zoho Books integrates broadly within its ecosystem, though it’s significantly more expensive than MyBillBook’s affordable and localized billing focus.
Choose Zoho Books if you need deeper accounting features or prefer integration with other Zoho applications.
Quick Decision Guide
- Choose MyBillBook: Affordable, user-friendly billing & inventory for SMBs
- Choose Vyapar: Free, comprehensive inventory for freelancers/small businesses
- Choose TallyPrime: Robust, complex accounting with on-premises option
- Choose Zoho Books: Advanced cloud accounting with ecosystem integration
The best MyBillBook alternatives depend on your business size, specific feature needs, and budget more than anything else.
MyBillBook Setup
Is MyBillBook setup simple or complex?
MyBillBook is designed for ease of implementation, offering a straightforward deployment approach. This section analyzes the practical realities of a MyBillBook review, helping you set realistic expectations.
1. Setup Complexity & Timeline
Expect a surprisingly easy transition.
MyBillBook setup is straightforward, often allowing users to understand and implement features without extensive technical assistance. From my implementation analysis, most businesses find the setup highly intuitive, enabling quick transitions from manual systems.
You’ll find that minimal project planning is needed, making the switch to digital remarkably efficient.
2. Technical Requirements & Integration
Technical hurdles are low.
MyBillBook supports Android, iOS, web, and desktop, offering great flexibility without demanding specific hardware upgrades. What I found about deployment is that its multi-device compatibility simplifies technical planning, requiring only standard devices you likely already possess.
Plan for seamless data synchronization across your devices, whether you’re working online or using the offline desktop version.
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3. Training & Change Management
User adoption is remarkably smooth.
The learning curve for MyBillBook is genuinely low, making it accessible even for those without prior accounting knowledge. From my analysis, its user-friendly design accelerates staff proficiency, minimizing the need for extensive training sessions or specialized support.
Expect quick user acceptance, as the software’s intuitive nature helps your team transition to digital workflows with ease.
4. Support & Success Factors
Robust support ensures your success.
MyBillBook offers 24/7 customer support via multiple channels and languages, which is crucial for addressing any setup questions. From my implementation analysis, responsive customer support is key to rapid issue resolution and a smooth, uninterrupted rollout.
You should leverage their comprehensive support to ensure a successful MyBillBook implementation and ongoing operational efficiency.
Implementation Checklist
- Timeline: Days to weeks for basic setup and usage
- Team Size: Small business owner and existing staff
- Budget: Primarily software cost, minimal additional setup expenses
- Technical: Any standard mobile, web, or desktop device
- Success Factor: Leveraging MyBillBook’s intuitive design and customer support
Overall, MyBillBook setup emphasizes simplicity and user-friendliness, making the transition to digital billing and inventory management remarkably accessible for SMBs.
Bottom Line
Is MyBillBook the right choice for your business?
This MyBillBook review synthesizes my analysis to provide a clear, decisive recommendation, helping you understand who this software best serves and why.
1. Who This Works Best For
Indian SMBs needing simplified billing and inventory.
MyBillBook excels for small and medium-sized businesses in India, particularly retailers, wholesalers, and service providers requiring GST compliance and multi-platform access. From my user analysis, businesses transitioning from manual systems benefit most from its user-friendly design and integrated features.
You’ll succeed if you prioritize ease of use, cost-effectiveness, and essential digitalizing of your billing and accounting.
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2. Overall Strengths
Unmatched ease of use and GST compliance.
The software stands out for its intuitive interface, comprehensive GST billing, e-invoicing, and robust inventory management with real-time tracking. From my comprehensive analysis, its multi-platform accessibility offers excellent flexibility for managing operations from any device, boosting your business efficiency.
These strengths mean you can quickly digitize operations, improve cash flow through automated reminders, and maintain compliance effortlessly.
3. Key Limitations
Beware of potential renewal cost increases.
While MyBillBook offers broad features, some advanced functionalities are restricted to higher-priced tiers, and renewal costs can exceed initial subscriptions. Based on this review, businesses with highly specialized accounting needs might find it less comprehensive than more expensive, enterprise-grade solutions on the market.
These limitations are trade-offs for its affordability and ease of use, generally manageable unless your business has complex, niche requirements.
4. Final Recommendation
MyBillBook is strongly recommended for its target.
You should choose this software if you’re an Indian SMB looking to streamline billing, improve inventory control, and ensure GST compliance without a steep learning curve. From my analysis, your business will thrive with its simplicity and effectiveness if comprehensive ERP is not a primary concern.
My confidence level is high for businesses seeking an all-in-one, user-friendly solution to digitize and grow.
Bottom Line
- Verdict: Recommended
- Best For: Indian SMBs, retailers, wholesalers, and service providers
- Business Size: Small to medium-sized businesses (SMBs)
- Biggest Strength: User-friendly GST billing, e-invoicing, and inventory
- Main Concern: Potentially higher renewal costs and tiered advanced features
- Next Step: Explore features via a free trial to confirm fit
This MyBillBook review concludes that it offers significant value for its target audience, providing a practical and effective solution for digitizing business operations.