Simple cloud accounting and inventory management for small business owners.
What it does
Creates and sends professional invoices with automated payment reminders.
Tracks business expenses and manages accounts payable/receivable.
Provides real-time inventory management with multi-warehouse support.
Generates 45+ financial reports including P&L, Balance Sheet, and GST summaries.
Includes a multiuser login with role-based access for staff and auditors.
Why it works
Simplicity: Avoids accounting jargon, making it accessible to owners without a financial background.
GST Enabled: Deeply specialized for the Indian market, automating tax calculations and filing prep.
Consolidation: Combines inventory and accounting, which are often separate tools for most SMEs.
Speed: Quick setup and an intuitive interface allow businesses to start billing in minutes.
Simple cloud accounting and inventory management for small business owners.
Overview
ProfitBooks is an easy-to-use accounting software designed specifically for non-accountants. It unifies professional invoicing, expense tracking, and inventory management into a single platform. Built to handle the specific tax needs of Indian SMEs (including GST), it helps entrepreneurs stay financially organized and compliant without the complexity of traditional accounting suites.
Founded year:2012
Founder:Harshal Katre
Team size:11-25
Popularity:Trusted by over 75,000 businesses globally
Creates and sends professional invoices with automated payment reminders.
Tracks business expenses and manages accounts payable/receivable.
Provides real-time inventory management with multi-warehouse support.
Generates 45+ financial reports including P&L, Balance Sheet, and GST summaries.
Includes a multiuser login with role-based access for staff and auditors.
Who it's for
Small Business Owners
Service Providers
Manufacturers
Wholesalers and Traders
Why it works
Simplicity: Avoids accounting jargon, making it accessible to owners without a financial background.
GST Enabled: Deeply specialized for the Indian market, automating tax calculations and filing prep.
Consolidation: Combines inventory and accounting, which are often separate tools for most SMEs.
Speed: Quick setup and an intuitive interface allow businesses to start billing in minutes.
Founder story
Founded in 2012 by Harshal Katre and a team of finance experts in Pune, India. They realized that while tools like Tally were powerful, they were too complex for average business owners. They built ProfitBooks to 'democratize accounting,' creating a platform that business owners could actually enjoy using.
Alternatives
Comparison overview
Tally: ProfitBooks is cloud-based and much easier to use for non-accountants; Tally is better for traditional desktop-based power users.
Zoho Books: ProfitBooks is often cited for its better specialized inventory features for small manufacturers.
ProfitBooks is the best choice for Indian SMBs that want simple, cloud-native accounting.