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Invoice Koi vs Magic MIS

A side-by-side comparison built from both listings. Blank cells mean the company has not given that detail; we never guess.

Invoice Koi compared with Magic MIS
DetailInvoice Koi logo Invoice KoiMagic MIS logo Magic MIS
What it doesInvoice app for contractors and the trades Turn raw data into business insights
StageNot given Not given
FoundedNot given Not given
Based inSG IN
Pricing modelFreemium Paid
PricingFree to draft with no account needed. Subscription: US$9.99 per week (billed weekly) or US$99.99 per year (about US$8.33 per month, billed yearly). US App Store prices. Free trial included: two weeks free on annual plan, one week on weekly plan for eligible new iOS subscribers. Prepaid credit packs: Solo Top-up $29 (1,100 credits), Starter $49 (2,000 credits), Plus $109 (5,000 credits plus 250 bonus), Growth $199 (10,000 credits plus 750 bonus), Practice $449 (25,000 credits plus 2,500 bonus), Firm $849 (50,000 credits plus 6,000 bonus), Scale $1,549 (100,000 credits plus
Key features
  • Unlimited invoices, estimates and receipts with subscription
  • Nine customizable invoice templates with logo and accent color
  • Price book for labor, material and hire rates
  • Receipt scanning with AI that reads merchant, amount, tax and category
  • Time tracking and jobs calendar that turn into invoice lines
  • Recurring invoices
  • Reports as CSV, spreadsheet or PDF
  • Portable backup file you own
  • Core invoicing works offline
  • Stripe payment collection with automatic payment recording
  • Monthly MIS report and management accounts from trial balance with checked Excel workbook
  • Ledger mapping by rules first, then AI, remembered each month
  • Validation checks before delivery
  • Excel workbook with live formulas and lineage
  • Dashboard built and changed by chatting with undo
  • Chat that answers questions about figures linked to ledgers
  • AI commentary with figures computed by engine
  • Budget against actual and year-end forecast
  • File encryption with access logging
  • Support for any currency, scale and financial year
What makes it different
  • Works completely offline for core invoicing and PDF creation
  • No account required to start drafting and creating invoices
  • Saved clients and rates auto-fill invoices to save time
  • Estimate converts to invoice in one tap with no re-entry
  • Free to draft and subscribe only to send invoices
  • Every figure computed from books, never written by AI
  • Monthly mapping remembered, no rebuild required
  • Files encrypted with staff unable to access
  • Natural language dashboard building and querying
  • Full lineage and ledger transparency for every number
Community votes00
DR (Domain Rating by Ahrefs)12 +1 (up) since last checkNot checked yet no change since last check
Trust Flow (Majestic)20
Citation Flow (Majestic)210
Referring domains (Majestic)80

6 details filled in for both companies.

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