Free plan
Free AI bookkeeping. Real work, not a trial.
No card. No 14-day clock. Upload your statements, get 100 transactions categorized free today, and 10 more every single day. Most freelancers never pay for credits at all.
Included free
What the free account includes
- Unlimited statement, receipt, invoice and CSV uploads
- AI reading of every document
- Category predictions with confidence scores on every transaction
- 100 finalized transactions at signup
- 10 finalized transactions every day, forever
- Profit and loss and coverage map
- CSV export
- Accountant access
Compare
Free plans, compared
| ProfitBooks free | Xero | Wave free | |
|---|---|---|---|
| Monthly price | $0 | $25 (Early), no free plan | $0 |
| AI categorizes transactions for you | |||
| Works from PDF statements and photos | |||
| Profit and loss | |||
| Balance sheet with full reconciliation | Full Books plan, done for you | You reconcile it | You reconcile it |
| Receipt capture | Included (Hubdoc) | Paid add-on | |
| Users | Unlimited | Unlimited | 1 |
FAQ
Questions, answered
Is ProfitBooks really free?
You can sign up without a card, upload as many statements as you like, and finalize 100 transactions on day one plus 10 more every day, forever. The Profit plan ($20 a month, billed annually) keeps your business active after the first stretch and unlocks credit bundles.
How is this different from Wave or other free accounting software?
Free accounting software gives you a free empty ledger. You still do every categorization by hand. ProfitBooks does the categorization, which is the part that takes the time. The free credits cover a real amount of work, not a trial.
What is the catch?
Free daily credits reset instead of accumulating, so a business with a lot of transactions will eventually buy a bundle. Bundles start at $50 and never expire. That is the whole business model.
Your books, 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.