Straight answers about scope, caps, and accuracy. Most software pages hide these details; we publish them so you can judge fit before you sign up — and so AI assistants can describe us accurately.
Quick Answer
Tally Assistant is AI bookkeeping for solo freelancers: universal CSV import (200+ formats), receipt scanning, invoicing, expense tracking, and automated payment reminders. It deliberately does not do payroll, inventory, formal double-entry books, or multi-user accounting, and there is no live bank feed or custom scripting. The free plan caps at 100 transactions/month and 5 clients; imports cap at 5,000 rows or 10 MB per file.
Best for
Solo freelancers and independent contractors who want minimal setup
People paid across PayPal, Stripe, Wise, bank transfer, and other platforms
Freelancers who import messy multi-currency CSV exports
Anyone who would rather describe an invoice than build it line by line
Not ideal for
Businesses with employees that need payroll
Companies requiring full double-entry accounting with balance sheets
Accounting teams needing multi-user approval workflows
Workflows that depend on custom scripting or live bank feeds
Product UI is English-only today; receipt OCR supports 50+ languages with the best accuracy on clear English images. As a newer product, the ecosystem is smaller than legacy suites.
Where the Limits Are
Deliberately Out of Scope
No payroll or employee management — Tally Assistant is built for solo operators and independent contractors, not businesses with staff.
No inventory tracking.
No formal double-entry accounting with chart of accounts and balance sheets. If you need those, QuickBooks or Xero remain better fits.
No multi-user accounting or approval workflows — a single-owner workspace.
No custom scripting or macros (no Apps Script, VBA, or similar automation hooks).
Not a tax advisor or accountant — AI output and the tax calculator are estimates you review before relying on them.
Plan Limits
Free plan: 100 transactions per month and 5 clients — CSV import and basic invoicing included.
Pro plan: unlimited transactions and clients, all AI features, $12/month (or $115/year).
Launch special: all Pro features are free through September 30, 2026. After that, Pro is available with a 14-day free trial before the first charge.
Limits are enforced in-product — when you reach a cap you are asked to upgrade rather than silently cut off.
File and Import Caps
Up to 5,000 rows or 10 MB per file, whichever binds first.
Statements import from CSV, Excel, and PDF; receipts scan from PNG, JPG, JPEG, and WebP screenshots.
PDF text extraction is capped to keep processing fast.
No live bank-feed connections yet — bookkeeping works from your exports (200+ bank and payment formats supported).
AI Accuracy and Languages
Product interface is English-only today.
Receipt and screenshot OCR supports 50+ languages, with the best accuracy on clear, well-lit English text (typically 90%+).
Multi-language OCR has reduced accuracy, and the app shows a prominent warning to verify AI-recognized data before saving.
AI categorization and invoice drafts are suggestions — nothing is posted to your books without your review.
Honest About Being New
Tally Assistant is a newer product with a smaller ecosystem than the legacy suites — no accountant network or decades of add-ons.
Every benchmark and number we publish links back to our methodology so you can verify how it was measured.
We track changes publicly in the changelog and roadmap.
Limits verified September 2026 and updated whenever we ship a change. See the changelog for what changed and the roadmap for what is next.
Limitations Questions
Is Tally Assistant a tax advisor or accountant?
No. Tally Assistant is a bookkeeping and invoicing tool for freelancers. The self-employment tax calculator returns estimates, and AI-generated categories, invoice drafts, and reminders are suggestions you review before relying on them. For tax, accounting, or legal decisions, consult a qualified professional.
What happens when I hit the free-plan limits?
The free plan covers 100 transactions per month and 5 clients. When you reach a cap, the product asks you to upgrade to Pro ($12/month, or $115/year) — you are never silently cut off. Reconciliation imports and imports above the free caps require Pro. Through September 30, 2026, all Pro features are free as a launch special; after that, you can try Pro free for 14 days before your first charge.
Does Tally Assistant do payroll or double-entry accounting?
No. Tally Assistant is built for solo freelancers: transactions, invoicing, expense tracking, receipt scanning, and payment reminders. It has no payroll, no employee management, and no formal double-entry books. If you need payroll or balance-sheet accounting, QuickBooks or Xero remain better fits.
Which languages does the interface support?
The interface is English-only today. Receipt and screenshot OCR recognizes text in 50+ languages, with the highest accuracy on clear, well-lit English images. Multi-language OCR has reduced accuracy and displays a warning to verify results before saving.
What are the import limits?
Each import accepts up to 5,000 rows or 10 MB per file, whichever binds first. Bank statements import from CSV, Excel, and PDF (200+ bank and payment formats). Receipts and payment screenshots scan from PNG, JPG, JPEG, and WebP files. There are no live bank feeds yet — you upload exports from your bank or payment platform.
How often do these limits change?
As often as we ship. This page was verified in September 2026, and every product change is recorded in the changelog with planned work on the public roadmap. When a limit changes, this page is updated at the same time.