Management of finance can be complicated and not easy as a walk in the park. Unless one has a clear understanding about how much money he or she earns, and how much is spent; as expenses can go haywire. The first and basic step in maintaining a good financial record is having a clear understanding of where your money goes and makes an effort to cut back unwanted expenses.
Seriously, there is no wrong or right solution on how you spend money and that is where personal software comes into the picture. This software help to dice and slice the financial data of an individual and give a better insight to how to spend money.
One such software is Money Manager Ex. It is an open-source, free, easy to use, cross platform software which can easily help in organizing the finance of an individual and keeping track of how, when and where the money is being spent. Somewhat you can say that it gives a bird’s eye view of how much worth your finance is.
There are a lot of extensive feature of this accounting software. One is that it helps in creating accounts and using the MMEX. In addition, this software provides multiple currencies for accounts, making it quite flexible. Also, one can keep track of all the expenses and income, getting a clear view of the finance. You can even highlight them with various statuses. Filtering, searching and sorting of all the fields can be done, so that you can get a clear situation of the bank account 24/7.
In this financial management software, you can have categories and payee account. Here the categories mean the reason why a particular expenditure has occurred or income has received. And payees are the individuals or firms that provide money or made payment for services or goods.
Another great feature of this software is recording special transactions which can be entered into the database in the future. These transactions usually happen at regular intervals and occurs based on schedules. In addition, using this software, you can track the stocks and group the mutual fund investments into a specific account. You can even automatically make update of the portfolio by downloading the quotes from any preferred website.
Tracking of the assets and integrating them can be done instantly with Money Manager EX software. Plus, you can set up budget for a month or year and store all kinds of attachments filled with various file types. Even you can make reports using LUA function, SQL queries, etc which can be available as a standard report. You can import and export data to Comma Separated Value (CSV), HTML, Quicken Interchange Format (QIF).
|Money Manager Ex Portable x64 1.3.1 Jan 10, 2017||
Fix: Automatic database backup on start-up
Fix: Crash after adding first level category
Fix: Translation updates
Fix: General Issues #957, #969
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