For instance, AceMoney's financial planning section is very sparse and basically amounts to a calculator for working out loan repayments and savings plans, rather than tools for helping you plan all your finances ahead. Besides its banking facilities, there’s a useful portfolio manager in AceMoney for keeping a check on your investments and nine different reporting tools to help you better chart your financial progress.Īlthough these features are well executed, there are areas where AceMoney is somewhat lacking. This sounds great in theory, but in reality there are only a few banks registered with the system and no credit unions. Inexperienced users should have no problems with this software, thanks to the intuitive interface.The banking features in AceMoney are simple-to-understand and besides allowing you to view your accounts, an online facility gives you direct access, allowing you to make transfers, deposits and consult live details through AceMoney. The bottom line is that Money Manager Ex is a nice program that can be of great help. expenses and cash flow, just to name a few.
Money Manager Ex can create various types of reports, such as account summaries, income vs.
Setting these up can help you know how much money you have in your accounts and even how profitable the stocks you’ve bought have been.
There are three types of accounts that can be created: Checking/Savings, Investments and Term accounts. These require a base currency (Dollar, Euro, Pound, Swiss Franc, Zloty and Ruble). This should help you keep a better eye on all your expenses and teach you how to better estimate the monthly balance.Īlso, you can create databases. The app lets you edit entries under various categories, such as “Automobile” (gas, maintenance, parking and registration), “Bills” (cable, electricity, gas, Internet, rent, telephone and water), “Education” (books and tuition), “Food”, “Healthcare” (dental, eyecare, prescriptions etc), “Leisure” (magazines, movies etc), “Taxes” and “Vacation”, just to name a few. This requires that you write down the estimated income and all expenses. Furthermore, you can create monthly budgets. Thus, you can fill in entries every time money comes into your bank account and for all the payments you need to make. The app comes with a simple interface and an intuitive layout that is easy to figure out, regardless if you’ve worked with a similar program before or not. Money Manager Ex is a program that was designed for this particular reason. Paychecks tend to disappear as fast as they come, so finding a way to manage your finances is the key to your well-being.
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