✅ GST-Ready for Australia • BAS-Compliant • Free to Start

Accounting Software
for Australian Businesses

Create professional GST invoices, track expenses, manage inventory and lodge BAS-ready reports — all in one place. No accountant degree needed. No spreadsheet nightmares.

✓ Trusted by 10,000+ businesses worldwide • Rated 4.5/5 on Capterra • GST & BAS-ready

ProfitBooks accounting software dashboard — invoicing, expenses and GST for Australian businesses
ProfitBooks ratings — 4.5 stars on Capterra, G2, Software Suggest
GST-Compliant Invoicing
BAS-Ready Reports
Inventory Tracking
Multi-User Access
45+ Financial Reports

Cloud Accounting Software That Actually Makes Sense

ProfitBooks is designed so any business owner — not just accountants — can manage their finances with confidence.

ProfitBooks simple accounting dashboard — designed for non-accountants running Australian small businesses

Whether you run a café in Melbourne, a trade business in Brisbane, a retail shop in Perth, or a freelance consultancy anywhere in between — ProfitBooks gives you everything you need to stay on top of your finances without needing an accounting degree.

It handles your invoicing, tracks what clients owe you, records every expense, manages your stock levels, and produces the reports you need for BAS time — all from one clean dashboard you’ll actually enjoy using.

  • GST auto-calculated on every invoice and purchase
  • BAS-ready reports generated in seconds
  • Cloud-based — access from any device, anywhere
  • Invite your accountant or bookkeeper for free
  • No accounting knowledge required to get started

“I was spending hours every quarter trying to reconcile spreadsheets before sending them to my accountant. ProfitBooks just does it — my BAS prep that used to take half a day now takes 20 minutes.”

S
Sarah ThompsonOwner, Thompson Electrical, Brisbane
★★★★★Capterra

GST Tracking and BAS Preparation — Done Automatically

Stop dreading the end of each quarter. ProfitBooks keeps your GST records clean all year round.

ProfitBooks BAS-ready financial reports showing GST tracking and tax compliance for Australian businesses

Automatic GST Tracking — 10% handled, every time

Every time you raise an invoice or record a purchase, ProfitBooks applies the correct 10% GST automatically. No manual calculations. No risk of sending the wrong amount to the ATO.

BAS-Ready Reports at the click of a button

When your quarterly BAS is due, ProfitBooks already has all your figures ready. Generate your GST summary report, review the numbers, and hand it straight to your bookkeeper or lodge it yourself. What used to take a stressful afternoon now takes minutes.

  • GST collected and GST paid tracked separately
  • Tax summaries filterable by period, client or category
  • Invite your accountant to view reports directly

Send GST Invoices in Under 60 Seconds — From Any Device

No more copying old invoices in Word. No more Excel formulas that break. Just professional invoices, done in seconds.

ProfitBooks invoice creation screen — send GST-compliant invoices in seconds for Australian sole traders and small businesses

Invoicing for Sole Traders and growing teams alike

Pick a template, add your ABN and logo, fill in the line items — ProfitBooks adds the GST and generates a professional PDF. Send it via email or WhatsApp directly from the app. Your client gets it instantly.

Get Paid Faster with online payment links

Every invoice includes a secure payment link. Your client clicks, pays via card or bank transfer, and the payment is recorded automatically. No more “I haven’t received your invoice” excuses.

  • ABN field, GST calculations built in automatically
  • Quotes, estimates and proforma invoices included
  • Automated payment reminders for overdue invoices
  • Real-time view of paid, pending and overdue invoices

Inventory Management Built for Australian Retailers and Traders

Know exactly what stock you have, what you’ve sold, and what needs reordering — without a separate system.

ProfitBooks inventory items screen — real-time stock tracking for Australian retailers and product-based businesses

Real-Time Stock Tracking across your business

Every sale you invoice automatically reduces your stock levels. Every purchase you record increases them. You always know what’s on hand without counting the stockroom manually.

Purchase Orders and Supplier Management in one place

Raise GST-compliant purchase orders, track deliveries, manage supplier invoices and record payments — all connected to your accounting, so your books stay accurate without double-entry.

  • Stock movements tracked automatically on every sale
  • Multiple warehouse and location support
  • Inventory valuation and stock reports included
Explore Inventory Features →

Track Every Dollar In and Out — Then Share Reports With Your Accountant

45+ financial reports that tell you exactly how your business is performing, whenever you need to know.

ProfitBooks financial reports dashboard — P&L, balance sheet, expense tracking and cash flow for Australian small businesses

Expense Tracking that keeps tax time simple

Record every business expense with the correct GST treatment. Categorise by type, filter by date range, and see exactly where your money is going. Your accountant will thank you at year end.

P&L, Balance Sheet and Cash Flow — always up to date

No more waiting until your accountant sends a report to understand how your business is performing. ProfitBooks generates a live Profit & Loss, Balance Sheet and Cash Flow statement any time you need it. Share them with your bank, your investor, or just review them yourself.

  • 45+ filterable reports including P&L, Balance Sheet and Cashflow
  • Tax and GST reports for BAS preparation
  • Shareable with your accountant or bookkeeper

“Running a small retail shop, I always felt anxious about whether my books were right. ProfitBooks gives me live reports anytime I want them. I now know my margins every week, not just at tax time.”

M
Michael OkaforOwner, Okafor Home Goods, Sydney
★★★★★G2

Watch How ProfitBooks Works for Your Business

See invoicing, GST tracking, expense management, inventory and reporting in a quick walkthrough.

👥

Role-Based Team Access

Add your bookkeeper, accountant, or sales team with the right level of access. Your accountant gets full reports. Your sales person can only create invoices.

📑

All Transaction Types

Create GST invoices, purchase bills, credit notes, debit notes, advance receipts, delivery notes and expense claims — all in the one system.

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45+ Business Reports

From Balance Sheet and P&L to GST summaries and outstanding receivables — every report you need to run your business and satisfy your accountant.

Accounting Software Is Just The Beginning

ProfitBooks goes beyond billing — it’s your complete business accounting solution.

Create GST Invoices in Minutes

Create and send professional GST invoices with correct 10% tax in minutes. Add your ABN, upload your logo, and choose from beautiful templates. Tax is calculated automatically — no manual maths.

  • GST Invoices with Auto 10% Calculation
  • Quotes, Estimates & Sales Orders
  • Invoice Reminders & Customer Portal
  • Custom Templates & Brand Colours
  • Sales Reports & Analytics
ProfitBooks GST invoicing dashboard — billing summary and invoice management for Australian businesses

Track Business Expenses and Input Tax Credits

Record every business purchase with the correct GST treatment. ProfitBooks tracks your input tax credits automatically — so you’re claiming everything you’re entitled to, with no guesswork.

  • GST-Compliant Purchase Bills
  • Input Tax Credit (ITC) Tracking
  • Expense Categories & Reporting
  • Vendor Payment Management
  • Purchase Order Creation
ProfitBooks expense management screen — track business expenses and GST input tax credits

Track Every Dollar In & Out

See your complete financial cycle at a glance — from sales invoice to payment received, from purchase order to supplier payment. Know your outstanding receivables and payables at any time.

  • Outstanding Receivables Tracking
  • Vendor Payment Management
  • Advance Payment Allocation
  • Customer Statements in 1-Click
  • Customer Self-Service Portal
Explore Feature →
ProfitBooks outstanding receivables and payables report — track money owed to and from your Australian business

Complete Inventory Management

Manage your complete inventory lifecycle with ProfitBooks. Track stock across multiple locations, record production and wastage, and create purchase orders — all tied directly to your accounting.

  • Purchase Orders in GST Format
  • Production, Wastage & Stock Transfer
  • Multiple Warehouses & Locations
  • Vendor & Outstanding Management
  • In-Depth Inventory Reports
Explore Feature →
ProfitBooks inventory management items list — stock tracking for Australian retailers and product-based businesses

Business Accounting on Auto-Pilot

ProfitBooks handles complete financial accounting in the background while you focus on running your business. Chart of accounts, journal entries, project tracking and auditor access — all included.

  • Chart of Accounts
  • Journal Entries
  • Invite Your Accountant / Bookkeeper
  • Project-wise Categorisation
Explore Feature →
ProfitBooks complete accounting dashboard — bookkeeping and financial management for Australian businesses

45+ Financial & Tax Reports

Get access to comprehensive reports — from Balance Sheet and P&L to GST summaries ready for your accountant and BAS lodgement. Make data-driven decisions with real-time financial insights.

  • Balance Sheet, P&L & Cashflow
  • GST Reports for BAS Preparation
  • Sales & Expense Reports
  • Ledger, Day Book & Transaction Reports
  • Audit Trail & Employee Reports
Explore Feature →
ProfitBooks 45+ financial reports — balance sheet, P&L, GST and cash flow for Australian small businesses

All The Ways We Can Help You

ProfitBooks provides a complete accounting suite for small & medium businesses in Australia.

📄

GST Invoicing

  • Estimates & Quotations
  • Sales Orders & Delivery Notes
  • 10% GST Auto-Calculation
  • Payment Gateway Integrations
📦

Inventory Management

  • Record Raw Material Consumption
  • Record Production of Finished Goods
  • Stock Transfer Within Locations
  • Record Inventory Wastage
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Banking

  • Import Bank Statements
  • Easy Reconciliation
  • Record Deposits & Withdrawals
  • Contra Entries
💵

Receipts & Payments

  • Record Receipts Against Invoices
  • Record Advance Receipts
  • Allocation to Invoices
  • Record Non-Invoice Income
👥

Customers & Suppliers

  • Customer Statement In 1-Click
  • Store Customer ABN & Details
  • Record Vendor Payments
  • Track Vendor Advances
📋

GST & BAS Compliance

  • GST Summary Reports for BAS
  • Input Tax Credit Tracking
  • Credit Notes & Debit Notes
  • Tax Period Filtering
💳

Expense Management

  • Record Business Expenses
  • GST-Compliant Purchase Bills
  • Create Purchase Orders
  • Supplier Management
🔐

User Management

  • Create Multiple Users
  • Role-Based Access
  • Invite Your Accountant or Bookkeeper
  • Special Role For Sales Team
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45+ Insightful Reports

  • Balance Sheet, P&L, Cashflow
  • GST & BAS Reports
  • Sales Reports
  • Audit Trail

Trusted by 10,000+ Businesses Worldwide

From sole traders to growing SMBs — here’s what our customers say about ProfitBooks.

★★★★★

“ProfitBooks has completely transformed how I manage my business finances. Creating invoices takes less than a minute and the automatic tax calculation means I never make errors on customer invoices.”

Rahul Mehta Founder, Mehta Traders Capterra
★★★★★

“As a manufacturer, I need to track inventory across locations and manage tax on production. ProfitBooks handles it all seamlessly. Best accounting software for small businesses that actually need to manage stock.”

Suresh Patel Director, SP Manufacturing Software Suggest

Your Success is Our Success!

We understand that we can succeed only when each of our customers is happy and successful. Once you signup, you’ll get access to:

ProfitBooks in-app chat support

Get Started With Free
Accounting Software

Create professional invoices, track GST automatically, manage inventory and get BAS-ready reports — all from one simple dashboard. Free to start.

Start Free — No Credit Card  →

Paid plans start from $9.95/month

Start FREE — Here’s What You Get

Powerful accounting software backed with bookkeeping support.

  • Create unlimited GST invoices
  • BAS-ready GST reports at any time
  • Track expenses and input tax credits
  • Inventory and stock management
  • 45+ financial reports
  • Invite your accountant or bookkeeper free

Frequently Asked Questions

ProfitBooks is a cloud-based accounting and invoicing software designed for small and medium businesses. It’s suitable for Australian businesses — you can create GST-compliant invoices with 10% tax applied automatically, track expenses, manage inventory, and generate the financial reports your accountant or bookkeeper needs. It’s built for business owners who want to stay on top of their finances without needing to be an accountant themselves.
Yes. ProfitBooks automatically applies 10% GST on invoices and purchase bills, tracks your GST collected and GST paid separately, and generates a GST summary report you can use to prepare your Business Activity Statement (BAS). Your accountant or bookkeeper can access these reports directly from within ProfitBooks, making quarterly BAS preparation significantly faster.
A Business Activity Statement (BAS) is a form Australian businesses submit to the ATO to report and pay their tax obligations — including GST collected, GST credits claimed and PAYG withholding. ProfitBooks tracks your GST on every transaction throughout the quarter, then generates a GST summary report with all the figures you need to fill in your BAS. You or your bookkeeper can lodge the BAS with the ATO using those figures.
Both ProfitBooks and Xero handle GST invoicing, expense tracking and financial reporting. The key difference is cost and scope: ProfitBooks offers a free plan with unlimited invoicing and full accounting features — Xero’s starter plan limits the number of invoices and starts at around $29/month. ProfitBooks also includes inventory management and full accounts payable and receivable in the free tier, which are add-ons or higher-tier features in Xero.
MYOB is a well-known Australian accounting platform with strong payroll and compliance features. ProfitBooks offers a simpler, more affordable alternative — with a free plan that covers invoicing, expense tracking, inventory and reporting without the complexity or price tag of MYOB. If your business doesn’t need payroll, ProfitBooks is likely to be faster to learn and cheaper to run.
Yes — ProfitBooks offers a completely free plan that includes unlimited GST invoicing, expense recording, client management and financial reports. There’s no time limit and no credit card required. The free plan is ideal for sole traders and freelancers who need professional invoicing, expense tracking and BAS-ready reports without paying a monthly subscription fee.
Absolutely. ProfitBooks is a great fit for Australian sole traders and freelancers. You can add your ABN to every invoice, set up a custom template with your logo, send invoices via email, and track which clients have paid and which are overdue. Expense recording and financial reports mean your accountant has everything they need at BAS time — without you doing any complicated bookkeeping.
Yes. ProfitBooks includes full inventory management — every invoice you send reduces your stock automatically, and every purchase bill increases it. You can track stock across multiple locations, create purchase orders, record wastage and run inventory valuation reports. All stock movements are linked to your accounting, so your P&L and balance sheet are always accurate.
ProfitBooks has a free plan that includes unlimited invoicing, expense tracking, inventory management and financial reports for a single user. Paid plans start from $9.95/month and add features like multiple users, advanced integrations and priority support. There’s no credit card required to start the free plan.
Yes. ProfitBooks uses industry-standard data encryption, secure HTTPS connections, and regular automated backups to keep your financial data safe. Your data is stored in the cloud, so it’s automatically backed up and accessible from any device — you won’t lose your records if your laptop or phone is lost or damaged. Role-based access control means you decide exactly who in your team can see what.