We all can take better care of our finances I’m sure. What better way to track your finances or budget than using the iOS device in your pocket or backpack. Developer Alexander Shirokov has created an application for iOS users which makes keeping finance records a breeze.
The way they make it so simple to use is by grouping finances into different categories. This allows the users to visually track their money at just a glance. However, the UI of this application is simple enough for the youngest to understand. Users can keep track of the balances for each category and the overall balance. This helps users keep track of the amount of money going out in each category whatever it may be.
Key features:(taken from iTunes)
– Synchronization between multiple iOS devices and PCs.
Several users can work with a single database and sync changes over the Internet using Dropbox cloud service. Users can work with a single file from several computers at the same time (on the network).
– A rich set of data management tools
A possibility to undo and redo any changes. Batch editing (grouping, renaming and other actions over sets of records). Transaction grouping, sorting and a flexible system of filters.
– Entering recurring data with a single click
You can enter recurring transactions very quickly, simply type first few letters and select a transaction from the list of frequently used transactions, and then the program fills data to all fields of the form. No need to enter the same data over and over again.
– Password protection and user accounts
You can protect the database with a password. No one can see the details of your financial life. Several people can work with the database. It allows you to track users who create transactions, protect transactions from changes with a password and hide them from other users.
– Currencies
The program supports an unlimited number of currencies. Initially, the list already contains almost all currencies of the world, plus precious metals. Also you can add your own currencies, including “virtual” ones, i.e. you can keep track of money and other things (metals, petrol, units of measurement). Exchange rates can be downloaded from Yahoo servers.
– Accounts
This is the main way of separating transactions in the program. You can create any number of accounts, such as credit cards, bank accounts, cash, electronic money, etc. Accounts may be grouped.
– Categories, family members, payee, projects and tags
The program offers many features for organizing transactions – division by categories, family members, payee and projects. Each transaction can be defined with many tags.
– Scheduler
The scheduler lets you create recurring transactions automatically. These transactions will be created automatically, without any user intervention, or with his confirmation, if needed.
– Budget
The program makes it easy to monitor progress in achieving your financial goals and control expenses.
– Loans
Tracking debts and credits. You can borrow and lend money, and it will be displayed in the program. To repay debts, you can use any account and any currency.
Alzex Finance application is available for free in the app store. They also offer a paid version which allows users to have unlimited number of entries. The free version limits users to only two hundred entries. So if you are running a business the paid version for $14 will definitely be the version most useful and needed. Let us know what you think about the application in the comments section below.
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