# ProfitBooks review (2026): is the free plan enough? > Online accounting and GST invoicing for small businesses Checked Nov 13, 2026 · graded Nov 13, 2026 by ToolGPA. ProfitBooks is online accounting software aimed at small businesses, with GST support for India and VAT for the UAE and other countries. It covers invoicing, expenses, inventory, bank reconciliation and more than 45 financial reports. A free single-user plan has no time limit, and mobile apps are listed for iOS and Android. - **Category:** Accounting & Invoicing - **Made by:** ProfitBooks Solutions Private Limited - **Website:** https://profitbooks.net - **Runs on:** Web, iOS, Android - **Who should skip it:** Tight if you stay free, with 10 invoices a month and 50 customers. - **Facts last checked:** Nov 13, 2026 ## Pricing As of Nov 13, 2026, ProfitBooks has a free plan, and paid plans start at $9.95 per month, billed monthly. - **Pricing model:** Free plan - **Free plan:** Startup plan: free with no time limit, for 1 user, 10 invoices and 10 journal vouchers a month, basic reports and 1 warehouse. - **Free trial:** 15-day free trial of the SMB Pro plan. | Plan | Price | What you get | | --- | --- | --- | | Startup | $0 | 1 user, 10 invoices and 10 journal vouchers a month, basic reports, 1 warehouse. | | Essential | $9.95 per month, billed monthly | 1 user and 1,000 invoices a year, GSTR1 and GSTR3B, invoice reminders and signature. $99 if paid yearly. | | Growth | $20 per month, billed monthly | 10 users, 5,000 invoices a year, payroll, multicurrency and 3 warehouses. $199 if paid yearly. | | SMB Pro | $35 per month, billed monthly | 25 users with custom roles, unlimited invoices and warehouses, projects and auditor access. $349 if paid yearly. | Read from https://profitbooks.net/pricing/ on Nov 13, 2026. Prices change, so confirm with ProfitBooks before buying. ## Ways to pay less - **Yearly billing costs less than monthly** (Annual discount): Yearly prices are $99, $199 and $349 for Essential, Growth and SMB Pro; the FAQ says SMB Pro yearly billing is 10 months for 12. Source: https://profitbooks.net/pricing/ ## Key features - **GST and VAT invoicing:** Applies GST for India and VAT for the UAE and other countries, and picks CGST/SGST or IGST from the place of supply. - **Inventory and warehouses:** Stock tracking with one warehouse on Startup and Essential, three on Growth and unlimited on SMB Pro. - **Bank reconciliation:** Bank rules match transactions automatically, and the site lists reconciliation among the core features. - **Reports and tax data:** More than 45 financial reports, plus GSTR1 and GSTR3B on paid plans. - **Accountant access:** A CA or accountant can log in read-only, and SMB Pro adds an auditor access feature. ## Good for - Freelancers and agencies that need GST-ready invoices - Solo owners who can live within 10 invoices a month for free - Businesses in India, the UAE or other VAT or GST markets ## Worth knowing - Prices exclude GST in India; the rupee prices are separate, such as ₹2,499 a year for Essential. - Essential and Growth cap invoices per year (1,000 and 5,000); SMB Pro is unlimited. - Payroll starts on Growth, and WhatsApp integration is an add-on on Essential. - The free plan caps customers at 50, per the pricing FAQ. ## ToolGPA grades **GPA: 2.6 out of 4**, graded Nov 13, 2026. ProfitBooks is online accounting with GST or VAT invoicing, inventory and 45-plus reports. The free plan is 10 invoices a month, payroll starts on Growth at $20, and Essential caps you at 1,000 invoices a year. - **Value for money: B.** Essential is $99 a year, about $8.25 a month, inside the $9 where the cheaper quarter ends. The category's middle is $20. - **Free plan and trial: C.** Startup is free for good but only 10 invoices and 10 journal vouchers a month, and 50 customers. You'll hit that fast. - **Features: B.** GST and VAT invoicing, inventory, bank reconciliation, expenses and accountant access. The caps are on volume, not on what it does. - **Ease of use: C.** No rating read for it here. Plenty to set up: tax, stock, banks and warehouses. - **Platforms and integrations: B.** Web, iPhone and Android, with PayPal and WhatsApp (an add-on on Essential). No desktop app. These are ToolGPA's own grades. Graded from this listing, whose facts were read from ProfitBooks's own pages on 13 November 2026, and its App Store listing. Not based on using the product, and shorter than our full reviews. ## Where it stands among accounting and invoicing tools - ProfitBooks's GPA of 2.6 is higher than 94 of the 127 other accounting and invoicing tools we grade, and level with 14. - It stands best on value for money (B, above 89 of 127) and worst on ease of use (C, above 6). - Its paid plans start at $9.95 a month, against a middle price of $18.09 for the category: 30 of the 90 others that charge start lower. - On features, ease of use and platforms it scores 2.7 out of 4. 2 tools score higher and cost less. The category's chart of price against score: https://toolgpa.com/charts/accounting ## Keep it, or make your own? **Keep it.** To replace ProfitBooks you would be making live feeds from your bank, which take an agreement with each bank or a service that has them. That is not a weekend's work, with an AI app builder or without one. It is one of the better ones too: its GPA of 2.6 is higher than 94 of the 127 other accounting and invoicing tools we grade. It costs $119.40 a year. - You could make: Invoicing, inventory, expense tracking and reports: an app builder makes these well. - You could not: Live feeds from your bank, which take an agreement with each bank or a service that has them. - You could not: Payroll taxes worked out and filed with the government for you. - You could not: A real app for iOS and Android. Something home-made would be a web page. - You could not: The depth: we grade its features B, which means it covers the whole job. A judgement by ToolGPA from this listing, by rules that are the same for every tool. Nothing was built to test it. ## Works with PayPal, WhatsApp **Tags:** Invoicing, Bookkeeping, Inventory, Expense tracking, Reports, Payroll ## Alternatives - [Zoho Books](https://toolgpa.com/tools/zoho-books): Online accounting from Zoho, with a free plan and six paid tiers. [Compare](https://toolgpa.com/compare/profitbooks-vs-zoho-books) - [Vyapar](https://toolgpa.com/tools/vyapar): GST billing and inventory software for Indian small businesses. [Compare](https://toolgpa.com/compare/profitbooks-vs-vyapar) - [Refrens](https://toolgpa.com/tools/refrens): GST invoicing, accounting and lead tracking for Indian firms. [Compare](https://toolgpa.com/compare/profitbooks-vs-refrens) - [Giddh](https://toolgpa.com/tools/giddh): Cloud accounting with GST compliance for Indian businesses. [Compare](https://toolgpa.com/compare/giddh-vs-profitbooks) - [Wave](https://toolgpa.com/tools/wave): Free invoicing and bookkeeping for US and Canadian small businesses. [Compare](https://toolgpa.com/compare/profitbooks-vs-wave) ## Sources The prices, plans, platforms and features above were read from these pages on Nov 13, 2026: - https://profitbooks.net/pricing/ - https://profitbooks.net - https://apps.apple.com/us/app/profitbooks/id1552716890 Page: https://toolgpa.com/tools/profitbooks Listed by ToolGPA (toolgpa.com).