Tally vs Toshl Finance
Toshl is a long-running expense tracker with a free plan, file import and optional bank sync aimed mainly at Europe. It is the closest rival to Tally's multi-currency story. Tally keeps one account per currency and works only from files. Toshl offers more ways in: manual entry, files and, on a paid plan, bank connections.
4 decisive differences
Bank linking
- Tally
- None, by design. Tally never logs in to your bank.
- Toshl Finance
- Optional on its bank-sync plan. Focused on Europe.Source: Toshl
File import
- Tally
- CSV (Wise and TD Canada Trust layouts), OFX, QFX, QBO, QIF and text-based PDF. Up to 20 MB per file, 50 files at once.
- Toshl Finance
- Yes, on the free plan: CSV, OFX, QFX, TSV, XLS, TXT and QIF.Source: Toshl pricing
Multi-currency
- Tally
- One account per currency. Overview shows By currency (exact) or Combined (converted, marked with ≈). Converter with 173 currencies on Android.
- Toshl Finance
- Yes. A dedicated currencies page lists hundreds of currencies and says rates are fresh.Source: Toshl currencies
Platforms
- Tally
- Android app (in testing) and a web app (in testing). No iPhone app. The Windows app is only a demo window.
- Toshl Finance
- Web, iOS and Android.Source: Toshl
Toshl Finance facts from its own website, checked on . The full table and every source are below.
How do Tally and Toshl Finance differ, row by row?
Side by side, using Toshl Finance's own website on 8 October 2026. Where its site does not say, the table says so.
| What it does | Tally | Toshl Finance |
|---|---|---|
| Price | Not decided yet. No public sign-up. | Free plan. Paid plans include one with bank sync, shown at US$4.99 a month or US$3.33 a month billed US$39.99 a year. 30-day trial. Check the pricing page before quoting a plan.Source: Toshl pricing |
| Platforms | Android app (in testing) and a web app (in testing). No iPhone app. The Windows app is only a demo window. | Web, iOS and Android.Source: Toshl |
| Bank linking | None, by design. Tally never logs in to your bank. | Optional on its bank-sync plan. Focused on Europe.Source: Toshl |
| File import | CSV (Wise and TD Canada Trust layouts), OFX, QFX, QBO, QIF and text-based PDF. Up to 20 MB per file, 50 files at once. | Yes, on the free plan: CSV, OFX, QFX, TSV, XLS, TXT and QIF.Source: Toshl pricing |
| Multi-currency | One account per currency. Overview shows By currency (exact) or Combined (converted, marked with ≈). Converter with 173 currencies on Android. | Yes. A dedicated currencies page lists hundreds of currencies and says rates are fresh.Source: Toshl currencies |
| Canada | TD Canada Trust and Wise file layouts are built in. Starter rules cover many Canadian merchants. Canadian dollar is the default. | Canada is not mentioned on its bank connections page. The Canadian dollar works as a currency.Source: Toshl |
| Privacy | No bank aggregator, no analytics, no ads. Your budget data syncs to a Tally server over HTTPS. Not end-to-end encrypted. | Says it stores only the data that is necessary. Has a decline button on its cookie banner.Source: Toshl |
| AI features | None. | Not stated on the pages read. |
Prices change. Check Toshl Finance's own pages before you decide.
What does Toshl Finance do better?
Toshl Finance is ahead in these ways.
- A free plan that includes file import.
- Many more currencies, with a dedicated currencies page.
- Manual entry, files and bank sync in one app, on iOS, Android and the web.
- Years in business and tutorials for several use cases.
What does Tally do differently?
Tally is in development, so these are the choices it has made, not a claim to be better.
- A budget built around safe to spend, a 60-day forecast and recurring bill detection.
- No bank sync option at all, by design.
- Rules with a visible order, where the first match wins.
- TD Canada Trust and Wise layouts built in.
Who should pick Tally or Toshl Finance?
It depends on whether you want your bank linked.
Where do these facts come from?
Every Toshl Finance fact comes from a page on its own site, read on 8 October 2026.
- Toshl pricing (checked 2026-10-08)
- Toshl currencies (checked 2026-10-08)
- Toshl homepage (checked 2026-10-08)
Tally facts follow Tally's own fact sheet. Tally is in development: no public sign-up, no price yet, no iPhone app.
Keep reading
The guides explain the file method and what the numbers mean.