Indian Alternative of FreshBooks

Zoho Books is a Chennai-built GST-compliant online accounting platform for Indian SMBs and CAs. Invoicing, expense tracking, bank reconciliation, project accounting, multi-currency, plus GSTR-1/3B filing, e-invoicing, e-way bills, TDS, and multi-GSTIN — Zoho is a registered GST Suvidha Provider. Free for businesses under Rs 25 lakh revenue; Standard Rs 899, Professional Rs 1,499, Premium Rs 2,999/month. Best for SMBs wanting Tally-like features in the cloud.

Zoho Invoice is a Chennai-built free online invoicing platform for freelancers, consultants, and small businesses. GST-compliant invoice templates, one-click invoicing from estimates, recurring invoices, automated payment reminders, multi-currency, time tracking, expense tracking with receipt upload, and a self-service customer portal. Razorpay, Stripe, and PayPal built in. Completely free under $50,000 annual revenue; Premium $9/org/month above that.

ProfitBooks is a Pune-built cloud accounting and inventory software for Indian SMEs serving 100,000+ businesses. GST-compliant invoicing (GSTR-1, GSTR-3B, HSN/SAC codes, e-way bills), expense tracking, bank reconciliation, inventory with low-stock alerts, time tracking with billable hours, 40+ financial reports, and multi-currency. Free under Rs 50,000 annual revenue; SMB plan from Rs 749/month. Tally and QuickBooks alternative for non-accountants.

TallyPrime is Bengaluru-built accounting and business-management software from Tally Solutions, founded 1986 and still owned and run by the Goenka family. Used by 2.5M+ businesses for GST-compliant invoicing, e-invoice and e-way bills, inventory, payroll and TDS/TCS. Windows desktop only — Silver Rs 22,500 lifetime or Rs 750/month, Gold Rs 67,500. Dated keyboard-driven UI and a real learning curve, but the deepest Indian statutory compliance available.

Vyapar is GST billing, invoicing and inventory software built for Indian small businesses by Bengaluru-based Simply Vyapar Apps. It handles GST invoices, e-way bills, payment reminders and stock tracking, and the Android app works offline. The app installs free with in-app purchases; paid annual plans are Rs 4,399 (Silver) and Rs 4,799 (Gold) for Desktop + Mobile, verified on its own pricing page on 28 August 2026.