Profitbooks

Profitbooks is an easy to use accounting software that allows creating professional estimates or GST invoices and tracking outstanding payments due with few clicks. Profitbooks enables receiving online payments by accepting credit/debit cards, net banking, wallets or even EMI payments from the customers. Through this, the payments are deposited directly to the account, and accounting entries are passed automatically.

Profitbooks also allows managing income and expenses and allows creating beautiful invoices, tracking expenses, and managing inventory without any accounting knowledge. With Profitbooks, businesses can automate invoices by setting a frequency for future billing. The feature saves a lot of time when the need for billing clients periodically arises. The accounting software offers an excellent platform to facilitate the conversion of estimates to invoices and creation of delivery challans from the invoices or directly email invoice PDF to the clients.

In tracking day to day expenses, Profitbooks allows attaching scanned expenses receipts, categorizing expenses according to projects, recording payment made to vendors, tracking payables, and recording stock purchases. In managing the stock efficiently, Profitbooks facilitates maintaining multiple warehouses, allocating batch numbers, maintaining re-order level, identifying a top-selling product, and viewing all transactions at one place. The complete accounting feature allows recording journal entries, maintaining a chart of accounts and taxes, invite an auditor to review the books, and offering a simple accounting entry screen to record all types of transactions.

The payroll management feature enables managing employee levels, defining salary structure easily, maintaining pay revision history, generating payment advice for the bank, and offering paid wise reports. Profitbooks is also allowed adding new users and assigning them specific roles quickly.

You may like to read: Top Accounting Software, Top Free and Open Source Accounting Software and How to Select the Best Accounting Software for Your Business