For S corporation owners
Bookkeeping for S corporation owners, done from your statements
Drop in the statements and exports S corporation owners already have. ProfitBooks categorizes every transaction, tracks the deductions that matter for your work, and hands your tax preparer a clean profit and loss. $20 a month, billed annually, plus pay-as-you-go credits.
100 free credits at signup, 10 free every day. No card required.
What you upload
- Business checking statement
- Business card statement
- Payroll reports for your own salary
- Distribution records
What gets categorized
- Revenue
- Officer salary and payroll taxes
- Distributions
- Operating expenses
- Health insurance
Deductions to look for
- Officer health insurance (through payroll)
- Retirement contributions
- Accountable plan reimbursements
- All ordinary operating expenses
Why it fits
Built for the way S corporation owners actually run money.
Income arrives from a few sources, expenses land on one or two cards, and nobody has time to categorize 12 months of it in April. ProfitBooks reads the statements, learns your vendors, and keeps the profit and loss current so quarterly taxes stop being a guess.
- Chart of accounts built for your industry from one question
- Confidence threshold: auto-finalize the obvious, review the rest
- Year-end totals by category, ready for Schedule C or your preparer
- Need a reconciled balance sheet? Full Books, $99 a month billed annually, replaces the bookkeeper
Pricing
What S corporation owners pay
About 150 transactions a month is 1,800 a year, which fits inside the 10 free credits you get every day. You would pay the $240 a year base plan ($20 a month, billed annually) and nothing else.
FAQ
Questions, answered
Do I need to connect my bank?
No. Download the PDF statement from your bank or take a photo of it. ProfitBooks reads it. No logins shared, no feeds to babysit.
What does it cost for S corporation owners?
About 150 transactions a month is 1,800 a year, which fits inside the 10 free credits you get every day. You would pay the $240 a year base plan ($20 a month, billed annually) and nothing else.
Can my tax preparer use it?
Invite them free. They see the same profit and loss and ledger you do (and the reconciled balance sheet on Full Books), and can export CSV for their software.
Can it separate my salary from distributions?
Yes. Payroll runs are categorized as officer compensation and payroll tax; transfers to you outside payroll are recorded as distributions. Your accountant will see both clearly on the profit and loss and, on Full Books, the balance sheet.
Your books for S corporation owners, done tonight.
Create a free account, drop in a bank statement, and watch every transaction get categorized. 100 free credits to start, 10 more every day. No card required.
Takes about 90 seconds. No sales call, no onboarding fee, no contract.