Free Inventory Management Software For Your Trading Business
ProfitBooks simplifies stock tracking, order management, invoicing and reporting using one powerful interface.
100% FREE inventory software. No strings attached.
Best Inventory Management Software
ProfitBooks is the top rated free inventory software with highest satisfaction ratings
ProfitBooks 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
- Mult-user, Multi-currency system
- In-depth Inventory Reports
Streamlined Purchase Management
Track all your POs and inventory purchases digitally at one place
ProfitBooks’s cloud-based inventory management system automates your unique workflows and accelerates purchase requisitions.
You can convert ‘Purchase Orders’ to ‘Purchase Bills’ in one click. The system connects with accounts payable, cash management, and stock register, so you don’t have to enter the same information twice.
Helps you eliminate human errors & improve efficiency.
Learn more about Purchase Management System.
Track All Your Orders At One Place
Stay on top of sales operations
Efficiently 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.
Learn more about Invoicing Features
Manufacturing Inventory Management
Powerful stock control features for the manufacturing industry
From 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 efficiently
ProfitBooks 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 insights
Real-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
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 inventory systems stop.
Our 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
From 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
From 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
ProfitBooks 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 Accounts
- Journal Entries
- Invitation to Auditor
- Project Management
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
📦 Inventory Management
- Record Consumption of Raw Materials
- Record production of Finished Goods
- Stock Transfer Within Warehouses
- Record Inventory Wastage
🏦 Banking
- Import Bank Statements
- Easy Reconciliation
- Record Deposits & Withdrawals
- Transfer Entries a.k.a. Contra Entries
💵 Receipts
- Record Receipts
- Record Advance Receipts
- Allocation of Receipts to Invoices
- Record Non-Invoice Income
👨💼👩⚖️ Customer & Vendors
- Customer Statement In 1-Click
- Customer Specific Currency
- Record Vendor Payments
- Track Vendor Advances
📑 Business Accounting
- Chart of Accounts
- Create Journal Entries
- Auditor Access
- Project-wise Categorisation
💳 Expense Management
- Record Business Expenses
- Inventory Purchases
- Create Purchase Orders
- Vendor Management
👥 User Management
- Create Multiple Users
- Role-based Access
- Special Role For Sales
- Invite Your Accountant
📊 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 Inventory Management
Master Inventory Management With Our Extensively Researched Blogs
Get 100% FREE Inventory Software
Take Control of Your Inventory, Billing and Complete Business Accounting!
- Create invoices & receive payments
- Track business expenses
- Manage inventory
- Prepare tax reports
- Get access to 45+ financial reports
- Outsource accounting to experts
Frequently Asked Questions
Why the ProfitBooks inventory software is free?
We, at ProfitBook are on a mission to help 1 million business owners manage their finances efficiently. Apart from the free plan, we offer a premium plan for companies that need multiple users and integrations. We make enough money from the premium plan to support our free offering.
Hows this better than creating orders from Excel?
Every professional invoice needs to contain certain mandatory fields such as item SAC code, place of supply, contact details of a customer, tax breakup, etc.
Using a proper billing software can help you to reduce human errors. Apart from that, you’ll be able to find out your outstanding due easily from various reports.
Can I export data from ProfitBooks?
Yes, you can export invoices, purchases, expenses, ledges, etc. In fact, most of the reports can be exported in excel format.
Do you support GST in India?
Yes! ProfitBooks is fully compliant with the Indian GST regime. You can mention GST specific details like place of supply, SAC or GSTN on every invoice.
Do you support VAT in UAE?
Yes! ProfitBooks is fully compliant with the VAT regime. You can apply VAT on every invoice you create.
Which countries do you support?
ProfitBooks Service works in almost all the countries. Its easy to setup country-specific taxes. You can even add custom fields to capture additional information.