Control your personal finances

There’s a big interest in finance management apps at the moment given the financial crisis that has enveloped the globe. iCash is a user friendly personal finance application which allows you to take control of your finances in a slick, tailor-made interface.

iCash allows you to keep track of income, expenses, credit cards, debts and banks transactions. The aim is to make accounting easy for those with a non-financial brain and for the most part, it achieves this.

It’s suitable for a range of needs, from individuals to small businesses although those needing if for a large enterprise, may find it rather limited.

There are no dreaded double-entry bookkeeping tasks involved – iCash performs all the necessary calculations for you. You can set up as many balance sheets as you like, so it’s ideal for those that want to separate personal from business expenses.

The overall interface is very well designed and presented although, like with many finance apps, it can feel overwhelming at first. There also doesn’t seem any way to automatically update the foreign currencies which means you have to insert the values manually.

However, it does allow you to upload documents to iCash which is very useful for keeping track of your transactions. You can even import transactions from your bank statements, edit them in a tax editor and view reports by payee and by category.

You can even split long documents so that you file statements for different transactions separately which is something you won’t even find in some of the big hitting financial packages.

[Upg] It is now possible to create pie charts for a given month.[Upg] New navigation buttons to change the chart period back and forth.[Chg] Import from a bank statement, comment is no longer converted to lowercase.[Chg] The Account Statement no longer displays transaction comments.[Fix] Import from a bank statement, transaction type is now always recognized, including when not a default one.[Fix] Split root transaction no longer set to 0 (Broken in 7.3).[Fix] The Payee pie chart works again (Broken in a previous version).

Changes

• [Upg] It is now possible to create pie charts for a given month.[Upg] New navigation buttons to change the chart period back and forth.[Chg] Import from a bank statement, comment is no longer converted to lowercase.[Chg] The Account Statement no longer displays transaction comments.[Fix] Import from a bank statement, transaction type is now always recognized, including when not a default one.[Fix] Split root transaction no longer set to 0 (Broken in 7.3).[Fix] The Payee pie chart works again (Broken in a previous version).