[8:00 AM] Where Did All My Money Go? To Version 1.7
by Staff
Bert Torfs BVBA has released WhereDidAllMyMoneyGo? 1.7. This release improves Quicken import among all the changes. According to Bert Torfs:
WhereDidAllMyMoneyGo? is a simple double entry accounting package targeted at the home user.
There are two ways you can describe WhereDidAllMyMoneyGo? : as an application to track all your possessions, income and expenses or as a personal Multi-Currency double entry accounting package. I personally prefer the first description, as the second description might scare people without an accounting background : Anyone who needs to have an overview on his finances can benefit from using WhereDidAllMyMoneyGo?.
Main features:
Multi currency : accounts can be expressed in any currency, transactions can be entered in any currency. WhereDidAllMyMoneyGo? will take care of the necessary conversions.
Double entry with a third, balanced, dimension for tracking expenses per type.
Transactions record a flow of money from one account to another account for a particular reason. That particular reason is described by the expense type. An example : From your employer to your Bank account For Salary.
Simplified transaction entry if you do not mind a third dimension.
Changing an accounts balance automatically creates a balancing transaction.
Changing currency rates automatically revaluates accounts expressed in that currency and creates the necessary balancing transactions. Great for stock tracking.
Changing the price of a share automatically recalculates the balance in local currency of your stock portfolio. Even if that share is quoted in a foreign currency.
A great assistant for accounting students.
Drill down graphs. Click on a bar or on a pie and the raw data hidden underneath - the transactions - will be shown.
This product is US$25 shareware and you can find more information about it at Bert's site.
