← Back to Accounting Software
ProfitBooks logo
Demo
Mobile
Portal
Notice

ProfitBooks

Accounting Software
Official Entity: ProfitBooks • HQ: Pune, Maharashtra
68 / 100Verified CA Product Score= 19 / 28 features supported (Cloud Suite)|See Full Breakdown ↓
Verified Pricing
Free Startup Tier / ₹499 / month
✓ 100% Primary-Source Verified
Executive Summary & Position:
  • Target Firm: Simple Cloud Accounting & Inventory Management for Small Businesses & Service Teams
  • Deployment: Cloud SaaS (Windows, Mac, Web)
Visit Official Website ↗Compare vs Rival Tools →

Feature Availability Matrix

Primary-source verified statutory capabilities for ProfitBooks (19 of 28 features available).See sources ↓

19 / 28 Supported
Statutory & Tax Compliance5 / 6
MCA Rule 3(1) Audit Trail / Edit Log
✓ Yes
GSTR-2B Automated 3-Way Reconciliation
✓ Yes
MSME 45-Day Overdue Payment Flagging (Section 43B(h))
✓ Yes
TDS Section 26Q & 194Q Automation
✓ Yes
Schedule III Balance Sheet & P&L Auto-Generation
✕ No
E-Way Bill Auto-Generation
✓ Yes
GST & Banking Automation4 / 4
NIC E-Invoicing Direct API
✓ Yes
Automated Bank Reconciliation (BRS API)
✓ Yes
WhatsApp Invoice & Payment Reminder Dispatch
✓ Yes
Multi-Currency Accounting
✓ Yes
Multi-Entity & CA Collaboration4 / 4
CA Multi-Client Portal / Accountant Access
✓ Yes
Direct Tally XML Sync / Migration Tool
✓ Yes
Multi-Branch / Multi-GSTIN Accounting
✓ Yes
Inventory Management (Batch / Expiry / Serial)
✓ Yes
Platform, Access & Pricing4 / 6
Cloud SaaS Deployment
Yes (Cloud)
Mobile App (Android / iOS)
✕ No
Role-Based Branch Level Permissions
✓ Yes
256-Bit Data Encryption
✓ Yes
Free Trial Available
Yes (Free Tier)
Starting Commercial Pricing
₹0 / ₹5,000 / yr
Other2 / 8
Barcode Generation & Scanning
✕ No
Low-Stock / Reorder Alerts
✕ No
UPI / QR Payment Collection on Invoice
✕ No
Recurring Invoices / Scheduled Billing
✕ No
Payroll Module
✓ Yes
Customer / Vendor Self-Service Portal
✓ Yes
Open Developer API
✕ No
Industry-Specific Vertical Modules
✕ No

Key Strengths & Limitations

✓ Key Strengths

  • ✓Generous free tier for startups and flat monthly pricing with unlimited users.
  • ✓Very clean and uncluttered user interface.
  • ✓Fast invoice creation and expense tracking.

✕ Caveats & Considerations

  • ✕Less suited for complex manufacturing or high-volume multi-branch distribution.
  • ✕Direct e-invoicing API requires external GSP setup in basic tiers.

Technical Specifications

DeploymentCloud SaaS
Supported OSWindows, Mac, Linux, iOS, Android
Target Practice SizeChartered Accountants & Tax Firms
Official Entity & OriginProfitbooks Solutions Pvt Ltd • Pune, Maharashtra
Official Websitehttps://profitbooks.net ↗

About ProfitBooks & Governance

ProfitBooks is built by Profitbooks Solutions Private Limited, based in Pune. Founder Harshal Katre previously spent roughly 9 years in banking-technology roles at HSBC and Barclays before founding the company.

Corporate EntityProfitbooks Solutions Pvt Ltd
HeadquartersPune, Maharashtra
Founded2012 (product); entity incorporated 2013
Team Size11-50 employees (LinkedIn)

Pricing & Plans

Commercial PlanFree Startup Tier / ₹499 / month
Verified Rate

SMB plan includes unlimited users and priority support.

Pricing checked as of 2026-08-25.

Starting FromFree

Free tier available; paid tiers scale with team size

TierAnnual Price
Startup (Free)₹0
SMB₹5,988

Sources

Frequently Asked Questions

7 Answers
Q1How much does ProfitBooks cost?
ProfitBooks's pricing (SMB plan includes unlimited users and priority support.) is structured for Indian businesses and Chartered Accountants. Pricing verified 2026-08-25 directly from https://profitbooks.net.
Q2Who is ProfitBooks best suited for?
Simple Cloud Accounting & Inventory Management for Small Businesses & Service Teams.
Note: Deep multi-godown batch manufacturing tracking.
Q3Does ProfitBooks comply with MCA Rule 3(1) audit trail (edit log) mandates?
Activity log of created and edited transactions.
Q4Does ProfitBooks support direct GST e-invoicing and E-way bill generation?
GST compliant invoicing and tax return summary reports.
Q5How does ProfitBooks's automated bank reconciliation (BRS) work?
Bank reconciliation with statement import.
Q6Can I export data from ProfitBooks to Tally for statutory CA audit?
Excel export/import for accounting data.
Q7What is ProfitBooks's Product Score based on?
68/100, derived from 10 weighted technical criteria - including core double-entry reliability, MCA Rule 3(1) edit log compliance, GST e-invoicing APIs, connected banking BRS, Section 43B(h) MSME tracking, Schedule III reporting, and Tally data portability - scored against verified primary sources.

Last verified 2026-08-19 by Gagan C, Tax Practitioner. See our full scoring methodology.

Looking at other options?See how ProfitBooks stacks up against its closest competitors.
ProfitBooks Alternatives →Full Leaderboard →