Free accounting software for Indian businesses

You Manage Growth, We’ll Handle Your Accounts!

ProfitBooks is free accounting software for Indian small businesses. The free Startup plan has no time limit and covers one user, 10 invoices a month, 50 customers and 10 products, with the Balance Sheet, Profit & Loss and ledgers included. Paid plans add GSTR-1 and GSTR-3B reports, more users and payroll when you need them.

1,00,000+ businesses No time limit on the free plan Nothing to install
₹₹0 foreverStartup plan
↑Upgrade only when a limit pinchesYour data stays in one place

What the free accounting plan really includes.

The free Startup plan is a working accounting system, not a demo. Here is what you get, and what changes when you upgrade.

Limits from the plan comparison on our pricing page, November 2026.
What you needFree Startup planWhen you need more
Users1 user, the owner10 users on Growth, 25 users with custom roles on SMB Pro
Invoices10 a month1,000 a year on Essential, 5,000 a year on Growth, unlimited on SMB Pro
Customers and vendors50 customers, 100 vendors500 of each on Essential, unlimited from Growth
Products and services10500 on Essential, 2,000 on Growth, unlimited on SMB Pro
Journal vouchers10 a monthUnlimited on every paid plan
Financial reportsBalance Sheet, Profit & Loss, Trial Balance, ledger, day book, cash book and bank bookReceivable aging and stock summary from Essential, bank reconciliation and inventory valuation reports from Growth
GSTGST on invoices and the tax summary reportGSTR-1 and GSTR-3B reports from Essential, GSTR-1 JSON export from Growth
StockStock management in 1 warehouse3 warehouses on Growth, unlimited on SMB Pro
Invoice remindersNot includedEssential and up
Payroll and multi-currencyNot includedGrowth and up
Try ProfitBooks For Free Every new account also gets a free 15-day SMB Pro trial first.

Is the free plan enough for your business?

Most owners outgrow the free plan for one of three reasons: they send more than 10 invoices a month, they file GST returns from their books, or they add a second person. Answer five questions and see which plan fits.

  • Uses the same limits as the table above
  • Shows the reason behind the plan it suggests
  • Change an answer and the result updates at once

Prices for each plan are in the pricing section below. You can start free and decide later.

Plan picker

I also need to

Suggested planStartup (free)

  • Everything you entered fits the free plan limits.

A guide, not a quote. Limits from the plan comparison on our pricing page.

Run your books on the free plan without accounting knowledge.

If Tally, QuickBooks, Xero or Sage feel too complex for your business, ProfitBooks is the simpler option. Each of these is part of the free Startup plan.

Invoices that look professional

Pick any invoice template, add your logo and email the invoice from ProfitBooks. Connect a payment gateway so customers can pay online.

See invoicing →

Expenses with the bill attached

Record rent, internet, travel and vendor bills as they happen. The expense summary and outstanding expenses reports show where the money went.

Read the expense guide →

Customers and vendors in one place

Keep each vendor's address, contact details and payment terms once. Send a customer statement or vendor statement whenever someone asks.

See receivables and payables →

Stock that moves with every bill

Stock updates when you buy and sell. The product statement and product-wise stock reports show what you hold in your warehouse.

See inventory →

The reports your CA asks for

Balance Sheet, Profit & Loss, Trial Balance, ledger, day book, cash book and bank book are on the free plan. Export them for your CA.

See financial reporting →

A log of every change

The recent activities report shows who changed what in your books and when, so mistakes are easy to trace.

How to check the audit log ↗

Record a business expense in five steps.

This is how simple day-to-day work is in ProfitBooks. You fill in a short form, and the accounting entry is made in the background.

  1. Go to Expenses, then Record Expenses
  2. Click New Expense
  3. Choose the bank or cash account you paid from
  4. Select the expense date
  5. Enter the details under Type of Expense and save
Read the guide to recording business expenses →

Your success is our success.

Free plan users get the same help as everyone else. Real people answer in the app, and the guides cover every feature.

Real peoplenot bots 3 languagesin-app chat Mon–Fri5 days a week

Start free. Upgrade when you grow.

Every new account starts with a free 15-day SMB Pro trial, then moves to the free Startup plan unless you upgrade.

Startup

For trying it out or very small volumes

₹0forever
Start free
  • 1 user
  • 10 invoices a month
  • 10 journal vouchers a month
  • Basic financial reports
  • 1 warehouse

Essential

For solopreneurs filing GST

₹2,499per year
Start free trial
  • 1 user
  • 1,000 invoices a year
  • GSTR-1 and GSTR-3B
  • Invoice reminders and signature
  • WhatsApp integration add-on
Most popular

Growth

For growing teams and service firms

₹4,999per year
Start free trial
  • Everything in Essential, plus
  • 10 users
  • 5,000 invoices a year
  • Payroll and multi-currency
  • 3 warehouses

SMB Pro

For established businesses

₹7,500per year · or ₹750/month
Start free trial
  • Everything in Growth, plus
  • 25 users with custom roles
  • Unlimited invoices
  • Unlimited warehouses
  • Projects and auditor access

Prices exclude GST. Pay by card, net banking, American Express or PayPal. Compare every feature →

What customers say on Capterra.

★★★★★
Very Satisfied! Very convenient to make customer invoices and apply taxes as needed. Invoices are the Key. Easy Creation, modification, and Generation.
Ankush P.Systems EngineerRead the review on Capterra ↗
★★★★
Profitbooks saves lots of time and dollars for me. My experience with profit books is as excellent as walking on a piece of cake.
Balaji I.Founder & CEO, Information Technology and ServicesRead the review on Capterra ↗
★★★★★
This is the best software so far that I have encountered for use by small commissaries. It can function as an alternative to other expensive ERP solutions.
Francis Louie M.ConsultantRead the review on Capterra ↗
Capterra4.5 / 5
G24.5 / 5
GetApp4.5 / 5
SoftwareSuggest4.5 / 5

Free accounting software: your questions

Is ProfitBooks really free?

Yes. The Startup plan is free with no time limit. It covers one user, 10 invoices a month, up to 50 customers and 10 products or services, and basic financial reports such as the Balance Sheet and Profit & Loss. There is no pressure to upgrade, and you don't need a credit card to sign up.

What are the limits of the free plan?

The free Startup plan allows one user, 10 invoices and 10 journal vouchers a month, 50 customers, 100 vendors, 10 products or services and one warehouse. Some features are kept for paid plans, such as GSTR-1 and GSTR-3B reports, invoice reminders and payroll. Apart from that, use it as much as you want, for as long as you want.

Does the free plan include GSTR-1 and GSTR-3B reports?

No. You can put GST on your invoices and see the tax summary report on the free plan, but the GSTR-1 and GSTR-3B reports start on the Essential plan. If you file GST from your own books every month, Essential is usually the first upgrade. The plan picker on this page shows which plan fits.

What happens when the free trial ends?

Every new account starts with a free 15-day trial of SMB Pro, the top plan. When the trial ends, the account moves to the free Startup plan unless you choose a paid plan. Nothing is charged automatically, because you don't add a card to sign up.

Why is ProfitBooks accounting software free?

Because paying customers cover it. Our mission is to help 1 million business owners manage their finances. Companies that need more users, more invoices or features like payroll pay for a plan, and that pays for the free plan.

How do I download ProfitBooks accounting software?

There is nothing to download. ProfitBooks is online accounting software, so you register with your email ID and start using it in the browser. The ProfitBooks app for iOS and Android is optional and stays in sync with the web app.

How do I record cash and credit expenses?

Cash and credit expenses are recorded a little differently. A cash expense is paid at once from a bank or cash account, while a credit expense is a bill you pay a vendor later. The help centre explains how to record cash expenses and how to record credit expenses.

Can I take my data with me if I leave?

Yes. Export your transactions from the Ledger report, and export almost any other report, such as invoices or expenses, to Excel. You can cancel a paid subscription at any time.

Free accounting, no time limit.

Create your free account and send your first invoice today. Upgrade only when you need to.

Try ProfitBooks For Free →

Your books could be up to date before the day ends.