About ProfitBooks
What is ProfitBooks?
ProfitBooks is cloud accounting software built for small businesses, including freelancers, retailers, service providers, agencies, sole proprietors and growing SMBs. It is designed so a business owner without an accounting background can manage invoicing, bookkeeping, bank reconciliation, expense tracking and financial reporting in one place, without legacy desktop software or spreadsheets. ProfitBooks offers professional invoicing with automatic tax calculation, full bookkeeping of income, expenses, payables and receivables, more than 45 reports, and access from the browser and iOS and Android apps. Owners can invite their accountant with read-only access, so books can be shared for year-end work. Most users are up and running in under 30 minutes. ProfitBooks says it is trusted by more than one lakh businesses worldwide, is rated 4.5 out of 5 on Capterra, and offers a free plan with no time limit or credit card.
Who is ProfitBooks for?
ProfitBooks is for small business owners, freelancers, retailers and agencies who want to run their own books simply, and share access with their accountant.
What type of software is ProfitBooks?
ProfitBooks is listed under Accounting Software.
What are ProfitBooks's core capabilities?
ProfitBooks' core capabilities cover the money management needs of a small business. Professional invoicing calculates tax automatically, and accounts receivable and payable are tracked so owners know who owes what. Full bookkeeping records income and expenses, and expense tracking keeps spending organised. Bank reconciliation matches bank transactions with the books. More than 45 financial reports, available in one click, give a clear picture of performance, and the platform supports tax compliance including GST for Indian businesses. ProfitBooks also manages inventory and wider business finances according to its website. The software is cloud-based and mobile-ready, accessible from a browser or the iOS and Android apps. Owners can invite their accountant with read-only access for reviews and year-end work, avoiding back-and-forth file sharing. A free plan with no time limit lets businesses start without a credit card, and setup usually takes under 30 minutes.
- MCA Rule 3(1) Audit Trail / Edit Log
- NIC E-Invoicing Direct API
- GSTR-2B Automated 3-Way Reconciliation
- MSME 45-Day Overdue Payment Flagging (Section 43B(h))
- Automated Bank Reconciliation (BRS API)
- TDS Section 26Q & 194Q Automation
Answers above are based on ProfitBooks's website, read on 6 Oct 2026.
Who makes ProfitBooks?
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.
What CAs are saying about ProfitBooks
ProfitBooks has no reviews on SoftwaresForCA yet.
Wider market feedback
Loved by service startups, consultants, and agencies for simplicity and no-nonsense pricing.
Editorial summary of public sources — see Sources below.
Screenshots
Key features
- ✓MCA Rule 3(1) Audit Trail / Edit Log
- ✓NIC E-Invoicing Direct API
- ✓GSTR-2B Automated 3-Way Reconciliation
- ✓MSME 45-Day Overdue Payment Flagging (Section 43B(h))
- ✓Automated Bank Reconciliation (BRS API)
- ✓TDS Section 26Q & 194Q Automation
- ✓CA Multi-Client Portal / Accountant Access
- ✓Direct Tally XML Sync / Migration Tool
- ✓Multi-Branch / Multi-GSTIN Accounting
- ✓Inventory Management (Batch / Expiry / Serial)
- ✓E-Way Bill Auto-Generation
- ✓WhatsApp Invoice & Payment Reminder Dispatch
- ✓Multi-Currency Accounting
- ✓Cloud SaaS Deployment — Yes (Cloud)
- ✓Role-Based Branch Level Permissions
- ✓256-Bit Data Encryption
- ✓Free Trial Available — Yes (Free Tier)
- ◐Starting Commercial Pricing — ₹0 / ₹5,000 / yr
- ✓Low-Stock / Reorder Alerts
- ✓UPI / QR Payment Collection on Invoice — Yes (payment link, not a literal QR code image — flagged for owner)
- ✓Recurring Invoices / Scheduled Billing
- ✓Payroll Module
- ✓Customer / Vendor Self-Service Portal
Show 5 more items (not supported or not yet verified)
- ✕Schedule III Balance Sheet & P&L Auto-Generation
- ✕Mobile App (Android / iOS)
- ?Barcode Generation & Scanning
- ?Open Developer API
- ✕Industry-Specific Vertical Modules
Pricing
- Free Startup Tier / ₹499 / month
SMB plan includes unlimited users and priority support.
From the vendor's published pricing as of 25 Aug 2026. Confirm current prices with the vendor.
Limitations to know
Deep multi-godown batch manufacturing tracking.
- Less suited for complex manufacturing or high-volume multi-branch distribution
- Direct e-invoicing API requires external GSP setup in basic tiers