Guide to Inventory Management For Wholesalers
We can guess that you probably own a wholesaler, retailer, or distributor business since you’re reading this blog. Our inventory…
100% Free Inventory Software
Free Inventory Management Software For Your Trading Business
ProfitBooks simplifies stock tracking, order management, invoicing and reporting using one powerful interface.
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Streamlined Purchase Management
Track all your POs and inventory purchases digitally at one placeProfitBooks’s cloud-based inventory management system automates your unique workflows and accelerates purchase requisitions, helping you eliminate human errors.
- Convert ‘Purchase Orders’ to ‘Purchase Bills’ in 1 click
- Auto-connects with Accounts Payable
- Integrated with Cash Management & Stock Register
- Avoid entering the same data twice
Best Inventory Management Software
ProfitBooks is the top rated free inventory software with highest satisfaction ratingsProfitBooks simplifies inventory management by providing a centralized platform to track inventory levels, manage purchase orders, and fulfill sales orders. With real-time updates, it reduces manual errors and ensures your business always has the right products in stock.
- Invoice & Purchase Management
- Sales Order Management
- Manage Multiple Warehouses
- Multi-user, Multi-currency system
- In-depth Inventory Reports
Track All Your Orders At One Place
Stay on top of sales operationsEfficiently Manage Sales Orders
Easily create the Sales Orders and manage the entire order workflow. You can fulfil the orders partially and create invoices only for the delivered items.
Invoices & Quotations
Create professional invoices and quotations using ProfitBooks. You can create delivery challans from Sales Orders and even create invoices in one click.
Manufacturing Inventory Management
Powerful stock control features for the manufacturing industryFrom the purchase of raw materials to the production on finished goods, get complete visibility on your manufacturing process with ProfitBooks.
- Record consumption of raw materials
- Record production of finished goods
- Account for inventory wastage
- Track inventory transfer between warehouses
- Maintain list of products
Customer & Supplier Management
Manage professional relationship with your contacts efficientlyProfitBooks simplifies vendor management by allowing you to easily track and manage vendor details, purchase orders, and payment histories. Streamline your supplier relationships and ensure timely payments, all from one centralized platform.
- Track accounts payables & receivables easily
- Get aging reports on outstanding dues
- Generate customer or vendor’s transaction statements
- Track expenses other than inventory purchase
- Email vendor statement in one click
GST Compliant Inventory Management System
Stay tax-ready when you manage day-to-day transactions.
Automate GST Calculation
When you create a invoices or purchases, CGST, IGST, or SGST rates are automatically calculated, saving you time and eliminating manual calculations.
E-Way Bills
You can generate an e-Way bill with all the transport company details while creating an invoice, credit note or delivery challan.
HSN/SAC Codes
Add your HSN or SAC code for the products you sell or services you provide to ensure GST compliance. You can also save GSTN of your customers & vendors.
Insightful Reports On Inventory Workflow
Turn your transaction data into insightsReal-time Information At A Glance
ProfitBooks gives you instant access to important reports like inventory valuation, low stock alerts, pending orders, stock wastage and product-wise transaction report.
45+ Filterable Reports
All reports in ProfitBooks are fully filterable, allowing you to drill down easily and see the hidden details. No more pulling together information from various excel documents, paper trails, and email communications.
Take Complete Control Of Your Inventory
Watch how ProfitBooks can help you manage inventory & systemise the operations
Simplify Purchase Workflow
Create Purchase Orders and email them to your vendors with one click. You can allocate the inventory to desired warehouses at the time of recording purchase.
Stock Control & Adjustments
Record stock transfer between warehouses, stock wastage, raw material consumption and production of finished goods – All from a super simple interface.
Create Sales Orders
ProfitBooks lets you create sales orders and easily convert them into delivery challans and invoices, streamlining your sales process.
Create Multiple Users
You can add multiple users and even assign them specific roles. For example, an employee with ‘inventory manager’ role can only access the inventory function.
Maintain Multiple Warehouses
Create multiple warehouses to store inventory. You can even call them as Store, Location or Godown as per your business needs.
Support Multiple Currencies
ProfitBooks Trade supports all the major currencies. You even get a report that shows gain or loss due to currency fluctuation.
Inventory Management Is Just The Beginning
ProfitBooks takes off where other free invoicing softwares stop.
Invoicing
Payables
Inventory
Accounting Reporting
InvoicingOur intuitive invoicing feature allows you to create and send professional invoices quickly and easily. Customize templates, add line items, and track payments all in one place, so you can focus on what you do best—running your business..
Estimates & Sales Orders Invoice Reminders Templates & Customisation Multi-currency & Multi-User Sales Reports
PayablesFrom purchase to sales, track your entire financial life cycle with ProfitBooks’ 45+ filterable financial reports. Trusted by thousands of businesses across the globe. Outstanding Receivables Vendor Payment Tracking Record Advance Payments Allocation of Advance Payments Customer Portal
InventoryFrom purchase to sales, track your entire inventory lifecyle with ProfitBooks. Trusted by thousands of traders & manufacturers. Create Purchase Orders Record Production, Wastage & Stock Transfer Maintain Multiple Warehouses Manage Vendors & Their Outstanding In-depth Inventory Reports
AccountingProfitBooks is the simplest online accounting software that lets you create great looking professionals invoices, track expenses, record transactions and more; all on the cloud! Chart of AccountsJournal Entries Bank Reconcilliation Invitation to Auditor Project Management
Reporting
ProfitBooks provides over 45 comprehensive financial reports, from detailed sales summaries to in-depth inventory analysis. Get the insights you need to make informed decisions and drive your business forward. Balance Sheet, P & L and Cashflow Statement Transaction Reports Like Ledger, Day Book, etc Email Invoice Sales & Expense Reports Audit Trail & Employee Reports
All The Ways We Can Help You
ProfitBooks Provides A Complete Accounting Suite For Small & Medium Business
Invoicing
- Estimates/Quotations
- Sales Orders
- Multi-currency Invoices
- Payment Gateway Integrations
Receipts
- Record Receipts
- Record Advance Receipts
- Allocation of Receipts to Invoices
- Record Non-Invoice Income
Expense Management
- Record Business Expenses
- Inventory Purchases
- Create Purchase Orders
- Vendor Management
Inventory Management
- Record Consumption of Raw Materials
- Record production of Finished Goods
- Stock Transfer Within Warehouses
- Record Inventory Wastage
Customer & Vendors
- Customer Statement In 1-Click
- Customer Specific Currency
- Record Vendor Payments
- Track Vendor Advances
User Management
- Create Multiple Users
- Role-based Access
- Special Role For Sales
- Invite Your Accountant
Banking
- Import Bank Statements
- Easy Reconciliation
- Record Deposits & Withdrawals
- Transfer Entries a.k.a. Contra Entries
Business Accounting
- Chart of Accounts
- Create Journal Entries
- Auditor Access
- Project-wise Categorisation
45+ Insightful Reports
- Balance Sheet, Profit & Loss, Cashflow
- Taxation Reports
- Sales Reports
- Audit Trail
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:
– In-app chat support available in 3 languages, 5 days a week.
– A complete Support Center with lots of How-To guides.
– A YouTube channel with demos and small tutorials.
– A business blog filled with articles that help you grow your business.
– You can now manage your finances from wherever you are through the ProfitBooks app for iOS and Android.
Expert Tips For Better Running Your Business
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Trusted By Over 75,000+ Businesses Across The World
“Very Satisfied! Very convenient to make customer invoices and apply taxes as needed. Invoices are the Key. Easy Creation, modification, and Generation.”
“Profitbooks saves lots of time and dollars for me. My experience with profit books is as excellent as walking on a piece of cake.”nn
“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”
“For small business owners like me,ProfitBooks strikes the perfect balance: powerful enough to handle core accounting needs, yet simple and affordable.“
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