Best Invoicing Software in India (2026)
Reviewed by the Invoicemonk editorial team
GST compliance is mandatory. We compared the top invoicing tools for Indian businesses — CGST/SGST/IGST, HSN codes, and e-invoicing support.
1. Invoicemonk
Our PickBest for Indian freelancers & small businesses · Pro from $15/month
Invoicemonk is the best GST-compliant invoicing tool for Indian businesses. Select INR currency and it auto-applies 18% GST with GSTIN fields, HSN/SAC code support, and per-item CGST/SGST/IGST overrides. The Pro plan includes multi-currency invoicing — essential for Indian freelancers billing international clients. Six professional templates ensure your invoices look as credible as your work.
Pros
- GST-compliant with GSTIN fields
- CGST/SGST/IGST auto-calculation
- HSN/SAC code support
- 18% GST default for INR
- Multi-currency for international billing
Cons
- • No Tally integration
- • No GSP certification (yet)
Ready to switch?
Get started with Invoicemonk Pro from $15/month. Upgrade, downgrade, or cancel anytime.
2. Vyapar
Best for Indian SMEs with inventory needs · From ₹3,399/year
Vyapar is India's most popular accounting app for small businesses, especially those dealing with physical goods and inventory. GST return filing and Tally export are strong differentiators. However, the mobile-first approach means the desktop experience is secondary, and multi-currency support is limited.
Pros
- Built specifically for India
- Inventory management
- GST return filing
- Tally export
- GSTIN verification
Cons
- • No free plan for full features
- • Basic interface
- • Limited multi-currency
- • Mobile-first — desktop is secondary
3. Zoho Invoice
Best for Zoho ecosystem users · Free (5 customers) / Zoho Books from ₹999/mo
Zoho Invoice offers free GST invoicing but caps you at 5 customers. For proper e-invoicing, GST return filing, and IRP integration, you need Zoho Books (starting at ₹999/mo). Best for businesses already using Zoho CRM or Zoho Expense.
Pros
- Pro plan with GST support
- Part of the Zoho suite
- Workflow automation
- E-invoicing via Zoho Books
Cons
- • 5-customer limit on free plan
- • Full GST compliance needs Zoho Books
- • Complex setup for beginners
4. ClearTax (ClearOne)
Best for Tax-focused Indian businesses · From ₹6,999/year
ClearTax's ClearOne invoicing module integrates directly with the IRP for e-invoicing. It's the strongest choice for businesses that prioritize GST return filing and compliance. However, it's not a full invoicing platform — the invoicing features are secondary to the tax filing capabilities.
Pros
- E-invoicing with IRP integration
- GST return filing
- Strong tax compliance
- Established Indian brand
Cons
- • No free plan
- • Primarily a tax filing tool
- • Limited invoicing customization
- • No multi-currency
Ready to switch?
Get started with Invoicemonk Pro from $15/month. Upgrade, downgrade, or cancel anytime.
Pros and cons of each option
Each tool with its "best for" label, price, and the honest trade-offs.
Invoicemonk
Pro $15/moBest overall for Indian businesses invoicing at home and abroad
Pros
- Unlimited invoices, clients and currency accounts
- GST e-invoicing with IRN and QR code compliance built in
- Receipt scanning and expense tracking included
- Up to 5 team members on the entry plan
Cons
- —No time tracking
- —No payroll
- —Free plan capped at 3 invoices/month
Zoho Books (India)
From ₹749/moBest for Indian businesses wanting GST filing in the same tool
Pros
- GST returns and e-way bills
- IRN generation
- Strong local support
Cons
- —Per-seat pricing
- —Customer caps on low tiers
- —Complex interface
Zoho Books
From $15/moBest for Indian teams already using Zoho
Pros
- Time tracking included
- Workflow automation
- Deep Zoho integrations
Cons
- —Customer caps on lower tiers
- —Per-seat pricing
- —Busier interface
Wave
Free tierBest free option only if you invoice US or Canadian clients
Pros
- Free invoicing and accounting
- Receipt capture included
- Quick to set up
Cons
- —Payments and multi-currency limited to the US and Canada
- —No e-invoicing mandate coverage
- —Limited support on the free tier
Frequently Asked Questions
What is the best invoicing software in India?
Invoicemonk is the best invoicing software for Indian businesses in 2026, offering GST compliance with CGST/SGST/IGST auto-calculation, GSTIN fields, HSN/SAC code support, and multi-currency invoicing — all from $15/month on the Pro plan. Vyapar is best for inventory-heavy businesses, and ClearTax for tax-filing-focused workflows.
Do I need GST-compliant invoicing software?
Yes, if you're GST-registered. All GST invoices must include GSTIN, HSN/SAC codes, correct CGST/SGST/IGST split, and other mandatory fields. Using compliant software ensures accuracy and makes GSTR-1 filing easier.
What's the best invoicing software for India?
Invoicemonk's Pro plan ($15/month) includes GST-compliant invoicing, GSTIN fields, HSN/SAC code support, and CGST/SGST/IGST calculations. Zoho Invoice also has a Pro plan but limits you to 5 customers.
Ready to switch?
Get started with Invoicemonk Pro from $15/month. Upgrade, downgrade, or cancel anytime.
E-invoicing mandates supported
Invoicemonk is built for the 18 live e-invoicing mandates worldwide — coverage general invoicing tools don't offer, including India's GSTN / NIC (Invoice Registration Portal) GST e-Invoicing (IRN + QR).
18 mandates live across 5 regions:
Fatoorah Phase 2, Fatoorah Phase 1, MyInvois e-Invoicing, GST e-Invoicing (IRN + QR), Peppol BIS Billing 3.0 (B2B and B2G), FIRS Merchant-Buyer Solution (MBS) e-Invoicing, Making Tax Digital for VAT, eTIMS (Electronic Tax Invoice Management System), Certified Invoicing System (E-VAT), EIS, SARS Tax Invoice Requirements (VAT Act s.20) + e-Filing VAT201, Fiscalisation Data Management System (FDMS), VAT Act tax invoice requirements + SRC e-Filing, NF-e (Nota Fiscal Eletrônica) and NFS-e (services), Invoice Processing Platform (IPP), CRA GST/HST tax invoice + Peppol BIS Billing Canada, FatturaPA via Sistema di Interscambio (clearance), SAF-T BG reporting + B2G Peppol BIS Billing 3.0 and planned domestic e-invoicing.
GST-Compliant Invoicing — Free
Create GST invoices with GSTIN, HSN codes, and CGST/SGST/IGST — no signup required.
Get started with Invoicemonk