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10 smartphone apps that can help track your expenses

Isabel Eva Bohrer and JR Raphael | Sept. 28, 2012
Hate having to record your expenditures for the IRS or your company's accounting department? These iPhone and Android apps can make it easier to track your expenses.

When you're traveling for business, keeping track of your expenses can be a hassle. But it doesn't need to be. Thanks to expense tracking apps, you can now stay on top of your finances as you go along.

While almost all expense tracking apps will allow you to manually enter your incoming and outgoing transactions, additional features can vary widely. Some apps come with handy receipt scanners that auto-extract receipt information, while others allow you to synchronize your financial data with your credit card and/or bank accounts. Exporting expense reports is another common feature; some apps let you save to other formats, such as Excel, QuickBooks or PDF, while others let you sync with cloud storage services like Dropbox.

While the simpler apps tend to be free, the more comprehensive ones, including those that are destined for more than one user, usually charge either a one-time or a recurring fee.

What follows are our evaluations of 10 expense tracking apps for Android and iOS devices. (Some are available for multiple platforms.) Whatever your needs, if you find the right app, you'll end up saving time and money -- and giving your company's accountants and/or the IRS all the expense information they need.

--Isabel Eva Bohrer

Cashbook Expense Tracker

$5.99 OS reviewed: Android Other OSes: None

For users who need advanced features, Cashbook Expense Tracker offers a slew of robust options in a polished and easy-to-use interface.

Cashbook Expense TrackerClick to view larger image.

Cashbook, available for $5.99 (there is no free trial version, unfortunately), lets you log expenses via an "Add Transaction" option on its main menu. Once you select that option, you fill in a form with a variety of data, including a category -- you can pick from a list of commonly used categories such as "Meals" or add your own -- the amount of money spent and any remarks you wish to add.

Cashbook automatically fills in the current date and time for you. The app also provides an option to snap a photo of your receipt and have it stored with the record.

The app can even handle mileage: Cashbook uses GPS to determine the amount of time and distance you travel, then records that information along with your starting and stopping address.

Cashbook allows you to export your expense reports as CSV, Quicken or HTML files and send them to any sharing-capable service on your Android device -- email, Gmail or even services like Dropbox or Google Drive, if you have them configured. It has tools for generating charts and diagrams, too, as well as an integrated calculator.

--JR Raphael

Expenditure

$2.99 OS reviewed: iOS Other OSes: None

 

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