Purchases, stock and sales in one place
Raise purchase orders, receive goods into the right warehouse and sell from it. Stock and accounts update together, including production and wastage.
Inventory management →
Free plan · GST invoices and full accounting
Best FREE myBillBook Alternative in India
ProfitBooks is free online accounting software and a myBillBook alternative for Indian businesses that need more than billing. You get GST invoices plus full books: purchases, stock in several warehouses, bank reconciliation, 50+ reports and a login for your CA. The free plan covers one user and 10 invoices a month.
1,00,000+ businesses use ProfitBooksiOS and Android appsChat support Monday to Friday
Tax invoice · INV-0318
SShree Krishna TradersGSTIN 27ABCDE1234F1Z5 · Pune
Bill to Sai Electricals, Nashik
| Item | Qty | Amount |
|---|---|---|
| LED panel light 18W | 100 | ₹28,000 |
| Copper wire 1.5 mm, 90 m | 8 | ₹12,000 |
Taxable value₹40,000
GST 18%₹7,200
Total₹47,200
Posted to Sales, GST and ReceivablesStock reduced
Sample data for illustration
🧾GSTR-1 data readyFrom this month's invoices
🔒Your CA logged inRead-only access to reports
More than a billing app
Every bill you raise lands in proper books
A billing app gets the invoice out. As the business grows, you also need the accounts behind it, without retyping anything.
Your CA logs in, no Excel by email
Invite your accountant to the same live books. Journals, ledgers, trial balance and GST reports are there when they need them.
Business accounting →Staff get their own logins
Give roles such as Sales, Accountant or Inventory Manager, so each person sees only the screens they need.
Users on each plan →Honest fit check
ProfitBooks or myBillBook: which suits your business?
Pick the line closest to yours. The answers follow our hands-on comparison of the two.
myBillBook is strong here
- Bill at the counter from your phone, like a POS
- Scan barcodes with the phone camera
- Use the app in several Indian languages
Choose ProfitBooks if you also want
- Proper books your CA can open directly
- Stock across a shop and a godown
- 50+ reports, including P&L and Balance Sheet
For fast counter billing alone, myBillBook may be enough.
myBillBook is strong here
- Create e-way bills from the app
- Quick GST billing on the move
ProfitBooks adds
- Purchase orders and sales orders
- Stock in multiple warehouses, with transfers
- Receivables and payables by party
- Up to 10 users on Growth, with roles
Growing traders with several people and godowns usually fit ProfitBooks.
Where myBillBook stops
- No project management, per our comparison
- Basic reports
ProfitBooks adds
- Projects on SMB Pro, to see profit by client job
- Estimates, recurring invoices and reminders
- Role-based access for your team and CA
Service firms and agencies are where our guide recommends ProfitBooks.
Where myBillBook stops
- No manufacturing tools, per our comparison
ProfitBooks adds
- Issue raw material to production
- Record finished goods and wastage
- Maintain a bill of materials
- Inventory valuation and stock reports
Manufacturers get production and stock in the same books on ProfitBooks.
Where myBillBook stops
- No multi-currency billing, per our comparison
ProfitBooks adds
- Invoices in USD, GBP, EUR and other currencies on Growth
- Reports kept in rupees
- Customer statements in one click
If you bill clients abroad, ProfitBooks is the one that handles the currency.
Side by side
ProfitBooks vs myBillBook
Including the rows where myBillBook comes out ahead. Taken from our comparison guide.
| Compare | ProfitBooks | myBillBook |
|---|---|---|
| Built for | Service firms, manufacturers, traders and growing teams | GST-registered retailers and traders |
| Free plan | Yes: 1 user, 10 invoices a month, 50 customers, 10 products | Yes |
| Billing on a phone at the counter | Invoices and estimates in the iOS and Android apps | Counter (POS) billing in the app |
| Languages | English app, chat support in 3 languages | Several Indian languages |
| Working offline | Cloud, works online | Better offline support |
| Multi-currency invoices | Yes, on Growth and above | No |
| Users and roles | Up to 25 users with custom roles on SMB Pro | Limited by pricing tier |
| Projects | Yes, on SMB Pro | No |
| Manufacturing | Production, wastage, bill of materials | No |
| Reports | 50+ financial, tax and stock reports | Basic reports |
| Bookkeeping service | Available, with a dedicated accountant | Not available |
myBillBook details from our ProfitBooks vs myBillBook guide. Features change, so check myBillBook's own site before you decide. ProfitBooks plan details: pricing.
GST, start to finish
From GST invoice to GST return data
Tax is worked out on every invoice and purchase, so the return data is ready when you sit down to file.
GST invoices
GSTIN, HSN or SAC codes and tax on every line, with your logo and terms.
GSTR-1 and GSTR-3B
Return data prepared from your sales and purchases, on the Essential plan and above.
Free GST tools
Work out GST on any amount, or make a one-off GST invoice without signing up.
Bill from your phone. Keep the books on the web.
The ProfitBooks app for iOS and Android puts invoicing, expenses and your dashboard on your phone, always in sync with the web app.
- Create and send invoices and estimates from your phone
- Record expenses and payments as they happen
- Check your dashboard and outstanding dues anywhere
Take control of your accounting
Sales, expenses, inventory, GST and reports in one short walkthrough.
Still comparing billing apps?
Guides on myBillBook and similar Indian billing and accounting apps.
Your success is our success.
We only win when you do. From the day you sign up, real people and practical resources are on your side.
Real peoplenot bots
3 languagesin-app chat
Mon–Fri5 days a week
RK
Rohan from ProfitBooksSupport · usually replies in minutes
Can I change how my invoice looks?
Yes, pick a template in Settings.
1Go to Settings → Invoices
2Under Invoice Template, choose a template
3Click Save
There are 8 templates, from Classic to Minimalist, and you can edit one to hide the logo or address.
Nice, trying Modern now.
Type your question…➤
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
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 →
Trusted by 1,00,000+ businesses
What customers say about ProfitBooks on Capterra.
“Very convenient to make customer invoices and apply taxes as needed.”
“An application to manage the company's money.”
“This is the best software so far that I have encountered for use by small commissaries.”
Frequently asked questions
Is ProfitBooks a good myBillBook alternative?
Yes, if your business has grown past billing. ProfitBooks gives you GST invoices and full accounting in one place: purchases, stock across warehouses, bank reconciliation, 50+ reports and logins for your team and CA. For quick counter billing on a phone, our comparison guide still rates myBillBook highly.
Is ProfitBooks free?
Yes. The Startup plan is free forever for one user, with 10 invoices a month, 50 customers and 10 products. Every new account starts with a free 15-day SMB Pro trial, then moves to the free plan unless you upgrade. No credit card is needed to sign up.
Does ProfitBooks prepare GSTR-1 and GSTR-3B?
Yes, on the Essential plan and above. GST is worked out on every invoice and purchase as you record them, so your GSTR-1 and GSTR-3B data is ready when it is time to file. The GST return filing page explains how it works.
Does ProfitBooks work on mobile?
Yes. The ProfitBooks app for iOS and Android lets you create and send invoices and estimates, record expenses and payments, and check your dashboard and dues. It stays in sync with the web app, where the full accounting and reports live.
Can I bill foreign clients in their own currency?
Yes. On the Growth plan and above you can raise invoices in other currencies while your reports stay in rupees. Our comparison guide notes that myBillBook does not offer multi-currency, which matters if you export or bill clients abroad.
Can my staff and CA use the same account?
Yes. Growth allows up to 10 users and SMB Pro up to 25, with role-based access. Give staff roles such as Sales, Accountant or Inventory Manager so each person sees only the screens they need, and invite your auditor on SMB Pro.
How do I move from myBillBook to ProfitBooks?
Download your customer, supplier and item lists as spreadsheets, import them into ProfitBooks, and enter your opening balances and stock. Start at the beginning of a month so your GST periods stay clean. Our support team helps on chat from Monday to Friday.
Keep billing. Get the books too.
Start on the free plan with GST invoices, stock and reports in one place. Upgrade when your team grows.
Try ProfitBooks For Free →Your books could be up to date before the day ends.