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Managing personal finances has always been an important task, and it can seem daunting at times.To avoid these situations, digital tools have been created and personal finance is such a program; it allows the user to keep track of all debit and credit operations related to one or more accounts.

create one or more accounts

The tool can track any action against one or more bank accounts. This is one of the advantages of the application, as users are free to define multiple accounts. In addition to this allowing the entire family to manage their finances, individuals can also make transfers between the two accounts.

As with most similar utilities, the starting value of the bank account must be defined, and once the balance is defined, all subsequent debit and credit transactions will be inter-accounted to produce a monthly, weekly or daily account value.

Import data from OFX files and display statistics

It should be noted that, in theory, the program can also import financial data from any type of file. In practice, however, the source document must have a specific internal layout to be compatible with the program, and the recommended format for import operations is OFX.

Regardless of the method chosen, statistics can be generated once the data is loaded into the tool. These allow users to view information-rich graphs of balances and payees, as well as data-rich tables, with the dates on which all transactions were recorded.

After several tests, the app is considered a basic utility for recording household financial data

In conclusion, Personal Finance is a practical tool for anyone interested in managing a small financial business. Depending on the data entered, most basic debit and credit transactions can be recorded and statistics displayed.