All About Accounting Software

The iPhone has so many new business applications to offer. One increasing focus for application developers is money management applications, especially because we are in a recession. Money Management iPhone apps are useful for financial experts, business users and even consumers who do not know much about finance or accounting. Here are the top five best and FREE money management apps in the Apple iPhone App store.

1. Mint (Free)

Mint.com is an up and coming money management website that offers people a way to consolidate all of their bank accounts into one place. Checking accounts, saving accounts, credit cards, loans, investments, mortgages and more are all entered into Mint.com. This is a great way to track money and debts in one place. Mint.com also has features that allow you to customize a budget. The website then sends emails letting you know if you have exceeded or met your monthly budget. There is a Mint.com iPhone App, which is sure to help you save and track your money- even on the go. The best part is that a Mint.com account and the iPhone app are free!

2. Paypal (Free)

Everyone knows the name Paypal because of Ebay or other websites that use the online payment application for secure transactions. There is an actual iPhone application that Paypal created. It is a great way to pay bills, buy items, send or withdraw money, or link to your bank accounts. Keep track of your money and make sure it is in a safe and secure place with Paypal for iPhone.

3. Chase Mobile (Free)

The Chase iPhone application lets you track up to date bank balances, pay bills and transfer money. It is a simple application to use, which is why it is so popular. Never miss a bill again because Chase reminds you and lets you stay on top of your money. The only catch is that this application is available for Chase Bank customers only.

4. Bloomberg (Free for Bloomberg subscribers)

The Bloomberg iPhone app is great because it takes the complexity of tracking investments out of the equation by offering users a simple and easy way. Track stock trends, view real time quotes and get opinions from expert analysts with this application. Always stay up to date on the latest investing information so that you have all of the resources and knowledge at your finger tips.

5. Ask Dave Ramsey (Free)

The name shows that this iPhone application is one of the best out there. Dave Ramsey is known to be one of the most knowledgeable and trusted financial experts out there. His iPhone app offers all of his own financial knowledge and advice. It includes audio clips, summaries of his broadcasts and answers to frequently asked questions. It is a great way to get tips and learn more about the money management world.

“There’s an app for just about anything.”

Apple’s slogan is fast becoming true. iPhone and iPad users can now find easy-to-use personal accounting software in the Apple App Store. CashPilot was released December ’09 on the App Store in the Finance category, but the company has already iterated a new Version 1.2.4 with improved language support. CashPilot was designed to facilitate the management of income and expenses; CashPilot is personal accounting made easy.

CashPilot users can easily export or email weekly, monthly or yearly expense reports. Accounting automation through CashPilot optimizes efficiency and with iPhone and iPad integration, personal accounting can be done anytime, anywhere.

Ralf Boesswetter, the founder of CashPilot, created the application as a solution to accommodate his personal accounting needs. CashPilot was quick to spread because the app allows users to monitor and manage their finances, thereby making them feel in control of their money.

CashPilot’s interface is easy to use and navigate; no bookkeeping experience necessary. Here’s a screenshot of the CashPilot interface on the iPhone:

CashPilot provides users with real time access to their financial data. With a few taps, users can access reports, graphs, and their purchase history. Users can also easily edit, configure, delete and manage their spending categories.

Financial management is a legitimate concern for many people, in our current economy. CashPilot facilitates asset management and gives users control over their financial destiny for a nominal fee of $2.99. See CashPilot in action here: http://www.cashpilot.net/en/video/

As technology continues to improve, employees are finding it more and more necessary to keep in touch with what’s going on in the company at all times. For years, some accounting software products have been able to update employees through text messages send to phones. However, no one was able to develop a mobile accounting solution that would fit on the limited screens and keyboards of mobile phones. This has all changed with the introduction of the BlackBerry and iPhone.

Intuit began supporting these phones with its online Quickbooks, allowing users to carry out many tasks such as checking contracts, checking bank balances, and running reports all from their mobile phone. Other companies quickly seized on the opportunity to gain their share of this newly developed mobile accounting industry. CODA, a UK-based accounting software provider released its on product that could perform similarly to Intuit’s product. Xero soon also began supporting these phones with features and has a dramatic increase in the number of mobile phone accesses to its service.

Although mobile accounting is still in its early stages of development, the advances made in this field makes the future look bright for mobile accounting software. Companies will continue to invest and improve on existing technologies and will provide customers with advanced software packed with features in the future.

For more information on mobile accounting software and the exciting future that is in store, you can read the full article found here.