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iCash™
iCash is a software intended to control your personal finances, keeping track of incomes, expenses, credits, debts and Banks transactions for you. As simple as creating the accounts you need and move money between them! You don't even need to know about accounting or even care about it! Your finances depend largely on good organization that lets you know where your money comes from and to where it goes.
iCash is an easy-to-use, full featured and multi-purpose
Personal Finance Manager tool for Macintosh and Windows intended
to help you control all kinds of money issues. iCash can serve several
small accounting needs for either private users, or clubs, associations,
self-employed, small businesses or simply to be used at home, making
keeping track of incomes, expenses and Banks transactions a snap.
With a few clicks you can begin creating accounts and making transactions
in minutes.
iCash is versatile and user-friendly. For this reason it
doesn't use the principle of double-entry bookkeeping making it
much easier to be used by people with very little or no accounting
knowledge at all. Simply create accounts for all your expenses,
incomes, Banks... and start moving money between them! iCash will
then allow you to find out where all your money comes from and where
it goes. All accounts are well organized according to user-defined
categories and built-in types so reports can be tailored to include
all records or only ones meeting specified criteria. iCash also
allows you to have as many money manager documents as necessary
so you can control almost anything from Clubs, associations, home
and so on at the same time. |
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Screen Shot Requirement: Windows98 Me NT 2000 XP,
32M RAM, DVDRW, 1G free HD. |
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iCash Features highlights
include:
- No accounting knowledge required, no double-entry bookkeeping.
- Easy-to-use, straightforward and user-friendly all-in-one interface.
- Share your documents between your Mac and your PC hassle free.
- Unlimited Accounts, Categories and Contacts.
- Logical Account classification by category and type.
- Multiple currencies support with exchange rate manager.
- Transaction auto-balance and reconciliation.
- Scheduled and recurring transactions support.
- Project categorization of transactions for queries and reporting.
- Pre-defined customizable Reports.
- Advanced recordable Queries and Statistics.
- Chart creation by account, type, category including Profit & Loss.
- Fast Import and Export of Categories, Accounts and Transactions. (OFX, QIF, CSV)
- Powerful SQL database engine with auto-backup protection.
- Multi-document interface with password protection.
- Native versions for Mac OS X and Windows.
iCash FAQ:
How iCash applies currencies and rates?
First you have to understand we have two kinds of accounts in iCash,
Assets and Money Flow; in the overview panel they correspond to
the 'Balance' and 'Profit and Loss' root folders respectively. Assets
accounts are 'Banks', 'Portfolio', 'Assets' and 'Debts', they represent
what you own at a given time. Money flow accounts are 'Incomes'
and 'Expenses', they represent and display a flow of money up to
a given date. click here
There is a great difference between a flow account and an asset account when dealing with currencies and rates because a flow account display a flow of money during a given period and an asset account display what you own at a given date. That means the flow amount is the result of many transactions added at different dates with different rates however assets balance is specific to a single date, usually today.
As a result, currencies and rates are not applied the same way to Assets and Money Flow accounts:
Because you own your assets, iCash will display your Balance using the rates from the Currencies window. Those rates are supposed to be up-to-date. Use the 'Edit | Currencies' menu to access and update rates. click here
Flow accounts/categories/types amounts however will be computed and displayed using each transaction rate.
click here
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