SimpleBank is a banking application that allows you to maintain your personal or small company financial details. It allows you to maintain many account types, such as:
- Bank accounts
- Credit cards
- Assets
- Fixed assets
- Liabilities
SimpleBank allows you to maintain many categories of income or expense accounts. This will enable detailed analysis of your income and spending. You can set up budgets for these categories and report on your variances. All expenditure and income may be split into multi-categories enabling you to maintain highly detailed expenditure analysis as well as things like VAT, Sales Tax etc.
SimpleBank allows for the import of data from OFX, QIF and CSV files which can be downloaded from your online banking application. Filters can be applied to the incoming data to automatically categorise the transactions. Of course, SimpleBank offers the ability to manually introduce transactions against any of the accounts and split the transaction across many categories of expense/income.
Transfers between accounts are incorporated within SimpleBank with matching equal and opposite transactions automatically maintained.
There is a forecasting model incorporated within SimpleBank that will give you an estimated forecast of your financial situation.
There is a credit card repayment schedule model incorporated within SimpleBank that will enable you to schedule the completion of your outstanding debt to the credit card company.
