Comparison

Miracle Report vs Magenta Insights

Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.

Head to head
About

Miracle Report

This app helps businesses track financial transactions on the go. It offers features like account ledgers, stock management, and outstanding receivables/payables. Generate and share PDF reports, send SMS reminders, and manage customer contacts directly from the application.

Highlights
  • Account Ledger tracking
  • Product Ledger (Stock) management
  • Accounts Receivable/Payable tracking
  • Address Book integration
  • Month-wise Purchase/Sale Register
  • PDF report generation and sharing
  • Direct SMS and WhatsApp messaging
Features
Read full description

Miracle Accounting Software a well-known brand in Accounting Software Industry brings you a whole new experience of Accounting ‘On the Go’. With many new and advanced features you will surely love the theme of this App. The basic concept of the application is to track the financial transaction and handy whenever needed. In the application there are following features included. Features included: - Account Ledger - Product Ledger (Stock) - A/c. Receivable (Outstanding) - A/c. Payable - Address Book - City wise Bar Chart (Receivable/Payable) - Month-wise Purchase / Sale Register - M-Files Additional Salient Features: - Date Filter: • You can view data of Account Ledger and Product Ledger Date-Wise. - M-Files: • An enhanced file request server enables you to request any file from Desktop Miracle Software • You can get Sales Invoice, Account Ledger, Receivable/Payable, Register and other accounting reports based on request in PDF format. • You can also share these PDF files easily. - Send WhatsApp Directly: • You can directly send WhatsApp from Address Book without saving number in phone. - View and Share PDF: • You can view and Share PDF of Account Ledger, Product Ledger, A/c. Receivable, A/c. Payable • Easily Share PDF via WhatsApp, E-Mail or any Other App. - Send SMS: • You can directly send SMS of Pending Receivable amount of the party. • A pre-defined SMS will be Automatically Drafted with Pending Amount. - Send Collection Letter • You can directly send Collection Letter of A/c. Receivable in PDF Format via WhatsApp or E-Mail. - Font Setting in Report: • You can Choose Three Different Size of Fonts (i.e. Small, Medium, and Large) as per your convenience. Other Optimization: - Optimization for faster data sync - Directly Jump to Address Book from Receivable - Enhancement of Address Book Like us on Facebook: https://www.facebook.com/miracleaccount Follow us on Instagram: https://www.instagram.com/miracle.accounting/ Stay connected with us on LinkedIn: https://www.linkedin.com/company/miracleaccount/ Subscribe to our YouTube Channel: https://www.youtube.com/c/MiracleAccountingSoftware You can also contact us via: https://www.rkitsoftware.com/contact-us/

About

Magenta Insights

Features
Read full description

MagentaBi 2.0 – Your Business, Visualised. Stay ahead with real-time dashboards, powerful reports, and instant insights—anytime, anywhere. MagentaBi 2.0 brings smart business intelligence to your fingertips. Whether you're a business owner, sales manager, or decision-maker, MagentaBi helps you turn complex data into clear, actionable insights across sales, purchases, inventory, payments, and more. Why MagentaBi? • Visual Dashboards – Monitor key metrics across sales, purchases, inventory, outstanding payments, and profitability. • Your Data (Super powered) – Sync with your ERP systems like Tally, Busy, SAP, or custom platforms. • Gap Analysis – Discover product gaps, underperforming SKUs, and revenue opportunities in seconds. • Deep Drill downs – Tap into detailed views on performance, trends, and variance with a few swipes. • Inventory & Cash Flow Tracking – Stay on top of fast-moving items and pending payments. • Easy Export & Share – Send PDF reports and collaborate with your team on the go. • Lightning Fast & Secure – Designed for speed, optimised for mobile, and secured for peace of mind. Perfect For: Distributors & Wholesalers Manufacturers & Retailers Sales Managers & Business Owners ERP Users seeking mobile reporting Seamless Integrations: Connect MagentaBi to your ERP system with ease. Currently compatible with: - Tally - Busy - SAP & more.

Screenshots

Miracle Report4 screens
Magenta Insights4 screens

Verdict

The call

The clearest difference is update cadence: Magenta Insights at every 2 weeks against Miracle Report's every 4 months. On price, ads, in-app purchases and device support there is nothing between them.

Scored on Price · Rating · Positive reviews · Number of ratings · Update frequency · Ads · In-app purchases · Monetization · Best chart rank · Devices · Requires iOS

CostPrice · In-app purchases · Ads · Monetization

Both are free to download. Neither carries in-app purchases, so what you see is what you pay.

UpkeepUpdate frequency

Miracle Report ships an update every 4 months, Magenta Insights every 2 weeks. Both last shipped on October 30, 2026.

Scorecard1 real difference · 9 level
Miracle Report versus Magenta Insights: the parameters behind the verdict, then further details
ParameterMiracle ReportMagenta Insights
PriceFreeFree
Rating4.9 (8 ratings) — better—
Positive reviews38.5% of reviews—
Number of ratings8 — better—
Update frequencyEvery 4 monthsEvery 2 weeks — better
AdsNoNo
In-app purchasesNoNo
MonetizationFree—
DevicesiPhone, iPad, iPod — betteriPhone, iPod
Requires iOS15.0 — better15.1
Further details — not scored
Size35 MB42 MB
Age rating4+4+
DeveloperRKIT SOFTWARE PRIVATE LIMITEDMagenta Connect Pvt Ltd

In-app purchases

None

Miracle Report

No in-app purchases

None

Magenta Insights

No in-app purchases

Questions

Is Miracle Report free?
Miracle Report is free to download, with no in-app purchases.
Is Magenta Insights free?
Magenta Insights is free to download, with no in-app purchases.
Do Miracle Report or Magenta Insights have ads?
Neither Miracle Report nor Magenta Insights shows ads.
Which is updated more often, Miracle Report or Magenta Insights?
Miracle Report ships an update every 4 months, and Magenta Insights every 2 weeks. Most recently, Miracle Report was updated on October 30, 2026 and Magenta Insights on October 30, 2026.

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