The features which make Alzex Finance unique in its category are total simplicity and clearness. You can see at once from the summary view the way your money was spent, total sum and percentage structure for categories, balance on accounts, as well as overall balance.
The concept behind the program lies in grouping expenses and income into categories. This is useful because one can see where money is going and how much is spent at a single glance, without the need to examine the reports. The system of categories is designed as a tree that may have the unlimited number of sub categories. Each category may fall into sub categories, each of which may further fall into more sub categories. Additionally, expenses and income can be grouped by family members, payee and assigned special tags. This allows the user to see the flow of money in general and then drill down into details.
Key features:
- Synchronization between multiple devices (Android, iOS and Windows PC).
Several users can work with a single database and sync changes over the Internet using Dropbox cloud service. Users can work with a single file from several computers at the same time (on the network).
- Entering recurring data with a single click
You can enter recurring transactions very quickly, simply type first few letters and select a transaction from the list of frequently used transactions, and then the program fills data to all fields of the form. No need to enter the same data over and over again.
- Password protection and user accounts
You can protect the database with a password. No one can see the details of your financial life. Several people can work with the database. It allows you to track users who create transactions, protect transactions from changes with a password and hide them from other users.
- Currencies
The program supports an unlimited number of currencies. Initially, the list already contains almost all currencies of the world, plus precious metals. Also you can add your own currencies, including "virtual" ones, i.e. you can keep track of money and other things (metals, petrol, units of measurement). Exchange rates can be downloaded from Yahoo servers.
- Accounts
This is the main way of separating transactions in the program. You can create any number of accounts, such as credit cards, bank accounts, cash, electronic money, etc. Accounts may be grouped.
- Categories, family members, payee, projects and tags
The program offers many features for organizing transactions - division by categories, family members, payee and projects. Each transaction can be defined with many tags.
- Scheduler
The scheduler lets you create recurring transactions automatically. These transactions will be created automatically, without any user intervention, or with his confirmation, if needed.