category of users and did our best to make budgeting simple.
Moscow, Russia (PRWEB) March 2, 2009
ALZEX software today announces Personal Finances Portable, a fresh and mobile addition to the Personal Finances software line.
"Have you ever experienced such a strange situation? You are having a salary rise. You start thinking over a new car purchase, or may be it would be better to change your aging washing machine, or start saving money for your child's education, or… Everything you wanted for so long will soon come into reality, as now you have so much spare money! But a "sweet-after-salary-rise" month comes to the end, and you see that actually no spare money is left! - says Alexander Shirokov, author of Personal Finances. - Without realizing any significant change in your lifestyle, you somehow spent all the money. If you often find yourself in such a situation, Personal Finances may come to your rescue. It'll record all expenses and help you see where your money goes, total sum and percentage structure for categories, overall balance and balance on accounts."
"Many people don't understand the concept of personal finance, and authors of personal finance programs don't make it any easy. In the spirit of making sure their software has every single function one may ask for, they keep on updating their tools with more and more features. These supersized systems make the budgeting task so daunting that many won't use software just to avoid the hassle and turn to the good-old pencil, paper and brain. In developing Personal Finances, we aimed this large "embarrassed-by-complexity" category of users and did our best to make budgeting simple."
With Personal Finances in place, the budgeting task is pretty much a snap. Running the program opens a simple, uncluttered interface that puts all the financial details, tools and options that matter most to you up front. The first thing one needs to do to start budgeting is to set up accounts, categories and subcategories. Personal Finances allows for any number of accounts, so the user can set up ones for bank account, credit card, and cash. The next step is to set up categories and subcategories. They will classify and sort income and expenses and help the user see this important data a meaningful and detailed way through reports and graphs.
The next step to budget is to enter transactions, which can reflect income and expenses. Transactions can be one-time or scheduled, which makes Personal Finances very handy for regularly occurring expenses, such as tax payments, electricity bills, internet, etc. Transactions can be identified in a number of ways, including categories, family members, and tags. Tags provide a way to differentiate between similar transactions that fall into the same category. Categorization by family members shows spending habits of each member of the family in reports.
Personal Finances offers the summary view of all transactions, reports by categories, family members and tags to see how much of the budget is allocated to each category or member of the family and identify areas to cut spending if the budget comes out on the negative side. The user can generate reports that cover any period of time. Results can be printed out or saved to one of the formats: HTML, CHM, or TXT.
With Personal Finances, one can have the convenience of the personal finance software without carrying around the laptop. When the user goes on a journey, he can install Personal Finances onto a USB stick and keep track of all purchases. This can come in handy when one needs to record his financial transactions. Simply plug-in the USB to any computer, update transactions and unplug it. No traces are left behind on the host machine.
Personal Finances runs on Windows 98/NT/2000/XP/Vista, can be installed on regular USB, PAF or U3 smart drive and comes in two editions: Professional and Freeware. For more information about the product or to download a free 30-day trial, visit http://www.financessoftware.com.
If you would like to request review copies of Personal Finances, mail Alex Shirokov, alex(at)alzex.com.