ProfitBooks
ProfitBooks is accounting software from ProfitBooks, a company founded in 2012 and headquartered in Pune, Maharashtra, India.
What ProfitBooks is
ProfitBooks is accounting software from ProfitBooks, a company founded in 2012 and headquartered in Pune, Maharashtra, India. The software is available on Android and iOS. Its listed capabilities include creating invoices, capturing receipts, tracking inventory, giving accountants access, and automated reconciliation; bank feeds are not available. The free Startup plan has one user, up to 10 invoices per month, up to 10 journal vouchers per month, and one warehouse. Essential costs $9.95 per month for one user and 1,000 invoices per year. Growth costs $20.00 per month for 10 users, 5,000 invoices per year, and three warehouses. SMB Pro costs $35.00 per month for 25 users, unlimited invoices, and unlimited warehouses. The plan details set different user, invoice, and warehouse allowances, so the tier choice depends on the workload and number of people or storage locations to cover. There is no listed plan price for Startup; the other tiers have monthly prices.
Good
- Available on Android and iOS.
- Includes invoice creation and receipt capture.
- Inventory tracking is listed.
- Automated reconciliation is available.
- Accountant access is listed.
Watch out
- Bank feeds are not available.
- Startup is limited to 10 invoices per month.
- Essential allows one user and 1,000 invoices per year.
Who it suits
ProfitBooks may fit small businesses seeking mobile accounting tools for invoicing, receipts, and inventory. The plan allowances can help businesses compare options based on users, invoice volume, and warehouse count.
Verdict
ProfitBooks lists mobile access and accounting capabilities that cover invoicing, receipts, inventory, and reconciliation. Compare the user, invoice, and warehouse allowances against your needs before choosing a tier.
Plans and prices
From ProfitBooks's own pricing page, checked 21 Oct 2026.
| Plan | Price | What it gives you |
|---|---|---|
| Startup | Free | 1 user · 10 invoices/month · 10 journal vouchers/month · basic financial reports · 1 warehouse · forever |
| Essential | $9.95 a month | 1 user · 1,000 invoices/year · GSTR1 & GSTR3B · invoice reminders and signature · WhatsApp add-on · annually |
| Growth | $20 a month | 10 users · 5,000 invoices/year · payroll · multicurrency · 3 warehouses · monthly or annually |
| SMB Pro | $35 a month | 25 users and custom roles · unlimited invoices · unlimited warehouses · projects · auditor access · monthly or annually |
The facts
Each one read from ProfitBooks's own pages, with the date it was checked.
What it does
- Accountant access
- Yeschecked 20 Sep 2026
- API
- ProfitBooks states that its API can extend the software and connect third-party applications.checked 21 Oct 2026
- Automated reconciliation
- Yeschecked 20 Sep 2026
- Bank feeds
- Nochecked 20 Sep 2026
- Bank reconciliation
- Bank statements can be imported as CSV or Excel files and matched against recorded receipts, bills and expenses.checked 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.checked 21 Oct 2026
- Documentation
- ProfitBooks provides a Support Center with how-to articles, including invoice, payment gateway and accounting procedures.checked 21 Oct 2026
- Expense management
- Users can record business expenses, manage payables and receivables, view aging reports and email vendor statements.checked 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.checked 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.checked 21 Oct 2026
- Inventory
- Inventory tools cover purchasing, sales orders, multiple warehouses, production, wastage, stock transfers and inventory reports.checked 21 Oct 2026
- Inventory tracking
- Yeschecked 20 Sep 2026
- Invoice creation
- Yeschecked 20 Sep 2026
- Invoicing
- The product creates estimates, quotations, sales orders and tax-calculated invoices, with reminders, payment links and customer portals.checked 21 Oct 2026
- Limit: advanced features
- G2 feedback cites limited advanced functionality, including project management, multicurrency support, report customization and e-way bill generation.checked 21 Oct 2026
- Limit: direct bank feeds
- A G2 reviewer complained that banks cannot be connected directly and transactions must be imported manually.checked 21 Oct 2026
- Limit: invoice workflow
- GetApp reviewers report invoice-email problems, template limitations, time-consuming large item lists and requests for more automation and mobile functionality.checked 21 Oct 2026
- Limit: mobile functionality
- G2 reviewers mentioned the lack of a dedicated mobile app for quick invoice work, while later app listings show a companion mobile app.checked 21 Oct 2026
Where it runs
- App availability limit
- AppBrain reports that the earlier ProfitBooks iOS app was unpublished from the Apple App Store on April 25, 2025.checked 21 Oct 2026
The company
- Company facts
- LinkedIn lists ProfitBooks as privately held, founded in 2012, headquartered in Pune, Maharashtra, with 11–50 employees.checked 21 Oct 2026
- Company legal name
- The terms identify the provider as ProfitBooks Solutions Private Limited.checked 21 Oct 2026
- Founded
- 2012checked 28 Sep 2026
- Headquarters
- Pune, Maharashtra, Indiachecked 28 Sep 2026
Money
- Free plan
- Yeschecked 20 Sep 2026
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