ProfitBooks is a user-friendly accounting solution that simplifies tasks like expense tracking and tax management, even for those without advanced accounting knowledge. Although it falls short in non-inventory items and banking integration features, it provides customizable, professional invoicing that effectively benefits users.

ProfitBooks Specifications

Financial Reporting

Invoice Management 

Expense Tracking

Tax Management

View All Specifications

What Is ProfitBooks?

Overview

ProfitBooks software is a comprehensive accounting solution designed for small businesses. It simplifies invoicing, expense tracking, and inventory management. Its intuitive interface enables professional invoicing and online payments, while bank reconciliation ensures accurate records. With multi-currency support and insightful financial reports, this cloud-based tool offers secure access and streamlines financial processes efficiently.

ProfitBooks Pricing

ProfitBooks pricing works on a simple subscription model and offers two pricing plans, including:

  • Startup: Free
  • SMB: $20/month
Users can try it for free before upgrading. Request a detailed ProfitBooks price analysis that aligns with your organizational requirements.

*Disclaimer: Pricing is subject to change

ProfitBooks Integrations

ProfitBooks integrates with Instamojo. However, users can schedule a ProfitBooks demo to learn more about its integration.

Who Is ProfitBooks For?

ProfitBooks offers a comprehensive accounting suite for small businesses and self-employed individuals in the accounting and financial industries.

Is ProfitBooks Right For You?

ProfitBooks offers a diverse accounting management solution, ideal for businesses looking to streamline their financial operations. It easily integrates various web and mobile applications, allowing seamless connectivity with existing systems. If your business requires a reliable and extensive accounting solution, ProfitBooks is an excellent choice for enhancing efficiency and supporting growth.

Are you still trying to figure out ProfitBooks? Contact us at (661) 384-7070 and get expert assistance from our team regarding any further queries.

ProfitBooks Features

The software allows multi-currency invoicing, manages sales orders, and integrates payment gateways, streamlining invoicing, estimates, and online payments for efficient order fulfillment and client communication.

how it worksSee How It Works

ProfitBooks manages inventory by tracking raw material consumption, recording finished goods production, facilitating stock transfers between warehouses, and logging inventory wastage for efficient stock control.

how it worksSee How It Works

The system tracks business expenses, manages inventory purchases, creates purchase orders, handles vendor relationships, provides efficient expense management, and streamlined procurement processes for better financial control.

how it worksSee How It Works

ProfitBooks' user management allows the creation of multiple users with role-based access, including a special role for sales. It also lets you easily invite your accountant for streamlined financial management.

how it worksSee How It Works

The banking feature allows for importing bank statements, streamlining reconciliation, recording deposits and withdrawals, and managing transfer entries (contra entries) for precise and efficient financial tracking.

how it worksSee How It Works

Pros and Cons of ProfitBooks

Pros

  • Professional and customizable invoices
  • User-friendly interface
  • Comprehensive GST reports and features
  • Robust project tracking feature

Cons

  • Limitations in reporting
  • Inadequate features for non-inventory items and banking integration
  • Limited customization and data analysis

ProfitBooks Reviews

Overall Rating

4.4

25 Review(s)

Rating Distribution

5

star

(12)

4

star

(11)

3

star

(2)

2

star

1

star

July 2024

Honest Review from Shahnaz Whizoid Studio LLP

Shahnaaz

Information Technology and Services

Ease of use

8

Value for money

10

Customer Support

8

Functionality

8

Pros

The accounting structure is very solid with reports and analytical statements being really useful. The interface is highly intuitive and all features work well for the user.

Cons

More development is needed for GST features. At the end of the process, its difficult to reconcile the GST balance on the portal with the profitBooks balance. Invoicing could also be improved with options like adding an authorized signatory or a QR code.

July 2024

Good but can be better

Akshay

Import and Export

Ease of use

5

Value for money

5

Customer Support

8

Functionality

7

Pros

ProfitBooks is simple to manage and there is a lot of data readily available for review.

Cons

the user interface needs a lot of update. Basic features like sorting by date, amount or invoice/purchase numbers are missing. Amounts should be displayed in Indian standards such as x,xxx; x,xx,xxxx; xx,xxx,xxx. And when converting a purchase order to a purchase, it does not follow the ongoing numbering series.

July 2024

Easy to use. And support team works great.

SUBHADEEP

Wholesale

Ease of use

8

Value for money

8

Customer Support

10

Functionality

8

Pros

ProfitBooks support team is really amazing. Special thanks to the customer support team member assisting us

Cons

I prefer the older method for adjusting stock quantities in products.

Frequently Asked Questions

ProfitBooks provides API access.