Start recording your income and expenses right now, be it a coffee during lunch break or a brand new car – finally, you’ll get a clear overview of what exactly you spend your money for. Categories are there to help you distinguish costs for food from recurring expenditures for rent and insurances. Visualize your cash flow so you might track down areas that allow you to save money.
Conveniently work with iFinance
Of course, iFinance will import your existing financial data in CSV, QIF, OFX and MT940 formats. That way, your digital bank statement is integrated just as easily as the data from your previous financing software. In addition to that, iFinance mobile, available for your iPhone or iPod touch from Apple’s iTunes AppStore, allows you to add spendings to your list right when and where they occur.
Add as many files to a specific transaction as you like. This way you can attach receipts or invoices as picture, text or pdf file to your entries in order to access the reference file whenever and wherever you want. Media files are being synchronized with iFinance Mobile (version 2.1 and higher). Add or browse your media files on your iPhone, iPod touch or iPad (and of course on your Mac!).
Convenient data entry on your Mac
Being up to speed with all your expenses is time-consuming. iFinance eases some of that burden by intelligently doing some of the tedious work for you. Recurring transactions have to be entered only once, all following incidences are automatically entered as per your repetition setting. Transfers are automatically synchronized with the counter account. Account balances from foreign currency accounts may optionally be auto-converted into your default currency, using today’s exchange rates. Auto-categorization will assign categories to your transactions by searching for key words.
Wherever you go with your iPhone
iPhone mobile, which is sold separately, allows you to enter expenses right when they occur and wirelessly sync them to iFinance on your Mac. Do your private financing work whenever you’re offered the opportunity – be it while waiting for your Pizza, during a cab ride or on the train.
Import your current data
Most banks allow customers to download their bank statements in either the MT-940, OFX, CSV or QIF formats to easily import their accumulated financial data in one fell swoop. In case you’re already using a different financing application, use this importing feature to transfer your data.
Print on remittance slips
Not all banking is digital, yet. So if you entered a transfer in iFinance, why not print that data on the form you hand to your bank to save you some time? Simply complete the information in the Template Window, insert a blank form in your printer’s single-paper feed and print a machine-readable remittance slip or cheque.
Some templates ship with iFinance, additional ones, including Cheques, can be easily created. Alternatively, mail your blanks to us and we’ll add them to the selection.
iFinance 3.3 introduces HBCI support for receiving bank account data online. Be it HBCI-PIN or HBCI-Chipcard, importing your transactions has never been easier. Please notice that many banks or bank accounts aren’t HBCI compatible. In fact, HBCI technology is widely spread in Germany but rather unusual in other countries.
iFinance offers comprehensive options for visualizing your data. Interactive three-dimensional diagrams give you an overview of your total funds’ progression, which accounts are in the black and which ones might contain liabilities to be paid. Include categories and get a better feel for which expenses burden your monthly budget the most – rent, food, insurances or the installments for your new car. On the other hand, iFinance will show you when rental revenues are missing or your monthly interest payments are absent. If you prefer printouts, simply switch the diagram to printable mode.
Set limits to your monthly spendings – either an overall amount or very specific budgets for eating in restaurants, for candy or cigarettes. iFinance assigns spendings to the appropriate budget and warns you as soon as you come close to your bounds. Don’t be unpleasantly surprised by an empty account at the end of the month anymore. And be better prepared to answer the question: “can I afford this pair of shoes and the DVD this month?”.
Comprehensive search feature
Could you please look up quickly how much you paid for that flatscreen TV four years ago? And will you find the receipt while you’re at it? If you need to leave your chair now to dig deep in folders or – even worse – in cardboard archiving boxes, iFinance’s search feature might be exactly what you need. Maybe your landlord tells you he’d really appreciate you reinstating the recurring bank transfer for your rent. And you are absolutely sure you didn’t cancel. Well, the bank statements you imported into iFinance will help tremendously clearing up that situation.
Better overview thanks to reports
What Charts offer in graphical analysis, Reports give you in sheer numbers. Income and Expenses, Profits and Losses – iFinance even compiles the Top 10 assigned categories, tags, beneficiaries or payers. Weeks, months, quarters and years are easily aggregated, highest and lowest amounts can be marked. The new Relevant Transactions list gives you a detailed overview of all transactions that went into that report.