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What is ProfitBooks?

ProfitBooks is a user-friendly online accounting tool designed for effortless use. This software simplifies the process of generating professional invoices and monitoring inventory levels. Available for free to individual users, ProfitBooks enables you to manage your business finances without requiring any expertise in accounting. As a rapidly expanding platform, it facilitates the creation of aesthetically pleasing invoices, expense tracking, and inventory management with remarkable ease. Additionally, it allows for seamless sharing of transaction information with your accountant, providing clear visibility into your business operations. By utilizing ProfitBooks, you can gain valuable insights into your financial standing and make informed decisions to enhance your business growth.

What is Paranova?

Paranova is an innovative mobile application tailored for bookkeeping and personal finance, specifically for independent professionals, small teams, and retail enterprises. It encompasses a variety of business management tools designed to assist users in efficiently organizing customer and supplier accounts, handling invoices and quotes, managing cash register totals, tracking inventory transactions, recording expenses, processing employee advances, and monitoring time. The app also supports the inclusion of VAT and withholding in invoices and quotes, allowing for easy access to outstanding balances for follow-up. To boost productivity, it enables team permissions for staff to submit expenses, which must then receive managerial approval, while all business records can be exported in CSV format for straightforward access by accountants. Furthermore, Paranova includes a personal ledger that helps users oversee their budgets, set savings goals, and track their spending. Users can choose to operate without creating an account; however, having one provides the benefit of cloud backup and synchronization across multiple devices. Currently, the business modules of Paranova are in beta testing, actively seeking feedback from early adopters to improve the service. This user-friendly app aims to streamline financial management, making it an essential asset for navigating today’s dynamic business landscape and empowering users to take control of their financial well-being.

Media

Media

No images available

Integrations Supported

EnKash
Instamojo
Stripe

Integrations Supported

WhatsApp

API Availability

Has API

API Availability

Pricing Information

Free
ProfitBooks is free for solo entrepreneur. For adding multiple users, upgrade is available at $15/month.
Free Version

Pricing Information

$0
The core personal ledger is free. Business modules are free during the beta.
Free Version

Supported Platforms

SaaS
Android

Supported Platforms

iPhone
iPad

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training

Training Options

Documentation Hub

Company Facts

Organization Name

ProfitBooks

Date Founded

2012

Company Location

India

Company Website

www.profitbooks.net

Company Facts

Organization Name

Innovasoft

Date Founded

2026

Company Website

paranovaapp.com/en/

Categories and Features

Accounting

Accounts Payable
Accounts Receivable
Bank Reconciliation
Billing & Invoicing
CPA Firms
Cash Management
Expense Tracking
General Ledger
Multi-Currency
Nonprofits
Project Accounting
Purchase Orders
Tax Management

GST

Not specified

Categories and Features

Accounting

Not specified

Popular Alternatives

Popular Alternatives

No Alternatives
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