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ProfitBooks
ProfitBooks · Pune, Maharashtra, India · founded 2012
What it is
ProfitBooks is accounting software available on Android and iOS, with tools for invoicing, receipt capture, inventory tracking, accountant access, and automated reconciliation. Bank feeds are not available. The free Startup plan allows one user, 10 invoices per month, 10 journal vouchers per month, and one warehouse. Essential costs $9.95 a month and includes one user and 1,000 invoices per year. Growth costs $20 a month for 10 users, 5,000 invoices per year, and three warehouses. SMB Pro costs $35 a month and provides 25 users, unlimited invoices, and unlimited warehouses. The listed plans vary in user counts, invoice allowances, and warehouse capacity, so the workload and number of people using the software are relevant when choosing a tier. ProfitBooks was founded in 2012 and is headquartered in Pune, Maharashtra, India. It offers a free plan as well as paid monthly options.
For and against
For
- Free Startup plan includes one user and one warehouse.
- Automated reconciliation is listed.
- Receipt capture and inventory tracking are included.
- Accountants can access the software.
Against
- Bank feeds are not available.
- Startup limits invoices and journal vouchers to 10 monthly.
- Paid tiers have user and invoice limits, except SMB Pro.
The verdict
ProfitBooks offers a free entry tier and monthly paid plans with differing allowances for users, invoices, and warehouses.
Who it suits
ProfitBooks may suit small businesses that want mobile accounting tools and need to track invoices, receipts, or inventory. Its plans range from a one-user free option to paid tiers with more users and warehouse capacity.
Plans and prices
Startup
1 user · 10 invoices/month · 10 journal vouchers/month · basic financial reports
Read 21 Oct 2026 · profitbooks.net
Essential
1 user · 1,000 invoices/year · GSTR1 & GSTR3B · invoice reminders and signature
Read 21 Oct 2026 · profitbooks.net
Growth
10 users · 5,000 invoices/year · payroll · multicurrency
Read 21 Oct 2026 · profitbooks.net
SMB Pro
25 users and custom roles · unlimited invoices · unlimited warehouses · projects
Read 21 Oct 2026 · profitbooks.net
On the record
- Accountant access
- Yesprofitbooks.net · read 20 Sep 2026
- API
- ProfitBooks states that its API can extend the software and connect third-party applications.profitbooks.net · read 21 Oct 2026
- App availability limit
- AppBrain reports that the earlier ProfitBooks iOS app was unpublished from the Apple App Store on April 25, 2025.appbrain.com · read 21 Oct 2026
- Automated reconciliation
- Yesprofitbooks.net · read 20 Sep 2026
- Bank feeds
- Noprofitbooks.net · read 20 Sep 2026
- Bank reconciliation
- Bank statements can be imported as CSV or Excel files and matched against recorded receipts, bills and expenses.profitbooks.net · read 21 Oct 2026
- Changelog items
- ProfitBooks' public feedback board lists completed mobile invoice creation, invoice reminders and bill-of-materials work, while e-invoicing is shown as under consideration.feedback.profitbooks.net · read 21 Oct 2026
- Company facts
- LinkedIn lists ProfitBooks as privately held, founded in 2012, headquartered in Pune, Maharashtra, with 11–50 employees.linkedin.com · read 21 Oct 2026
- Company legal name
- The terms identify the provider as ProfitBooks Solutions Private Limited.profitbooks.net · read 21 Oct 2026
- Documentation
- ProfitBooks provides a Support Center with how-to articles, including invoice, payment gateway and accounting procedures.support.profitbooks.net · read 21 Oct 2026
- Expense management
- Users can record business expenses, manage payables and receivables, view aging reports and email vendor statements.profitbooks.net · read 21 Oct 2026
- Financial reports
- ProfitBooks advertises more than 45 live, filterable reports including balance sheet, profit and loss, cash flow, tax, ledger and audit reports.profitbooks.net · read 21 Oct 2026
- Google Play data safety
- Google Play states that the developer declares no third-party data sharing, no data collection, encryption in transit and user-requested deletion.play.google.com · read 21 Oct 2026
- Inventory
- Inventory tools cover purchasing, sales orders, multiple warehouses, production, wastage, stock transfers and inventory reports.profitbooks.net · read 21 Oct 2026
- Inventory tracking
- Yesprofitbooks.net · read 20 Sep 2026
- Invoice creation
- Yesprofitbooks.net · read 20 Sep 2026
- Invoicing
- The product creates estimates, quotations, sales orders and tax-calculated invoices, with reminders, payment links and customer portals.profitbooks.net · read 21 Oct 2026
- Limit: advanced features
- G2 feedback cites limited advanced functionality, including project management, multicurrency support, report customization and e-way bill generation.g2.com · read 21 Oct 2026
