We’re in the money!
Let’s face it, Cash is King (or Queen). If you don’t manage it carefully, you may find yourself in a sticky situation. A business lunch here, a tank of gas there, it all adds up. When you get your monthly statement, you may be surprised how much your morning commute through the drive thru may cost you. Instead of keeping printed bank statements, cheque books or scraps of paper in your pocket, let Ascendo Money help you maintain your monetary mastery.
I’m back with a review of another must have product from Ascendo. Ascendo Money is an excellent financial tracking tool, which will keep up with your transactions, from financial investments to your latest shopping spree. If you adopt Ascendo Money into your daily routine, the $29.95 purchase price (free trial available) is a small price to pay for the convenience it adds.
You can use Ascendo Money on your BlackBerry alone or sync it with the Desktop software. Either way, you know you’ll have a better handle of your finances with Ascendo Money.
Once downloaded, Ascendo Money is accessed by its welcoming logo displaying a stack of gold bricks. If only they were real…
You are welcomed by a blank “Account” screen that is ready to organize your life. Get started by adding accounts, whether personal or business related. Choose a name for the account, currency and starting balance. For further creativity, you can choose from 100 icons to display next to your account’s name. No account or credit card numbers are required. Couple this with a password option and your privacy will be maintained.
There are 12 skins to choose from to personalize the interface. The default skin you are exposed to is Gold. I’m sensing a pattern here…
Now you are ready to monitor your money. Open the account you want to work with. When adding a withdrawal or deposit, you are presented with a few options. Choose a name for the transaction, the amount in question, the type (deposit or withdrawal), paid or unpaid and a category to attach the transaction to. You can consolidate expenses by creating categories for multiple accounts. A checkmark will appear next to the paid items. You have the option to set “rules” for recurring transactions. That way you don’t have to worry about manually entering rent/mortgage, car payments and such every month, Ascendo will take it into account for you. This option lets you select from daily, weekly, monthly, every 2 weeks, every 3 weeks or yearly.
As the entries increase, a running total will appear at the bottom. Filters can be set to the accounts so the transaction can be listed by amount, date, status or type (further filtered by ascending or descending options). The filters are an excellent touch, as some may want to only view a certain aspect of the account, such as withdrawals.
The accounting dept wants a report of your expenses? No Problem! You can email the account in question off as a CSV (Comma Separated Value) file. These files are widely used in programs, including Excel and File Maker. The only downside to this option is that there’s no field to write notes to send off with the account, though this can be argued that the notes should be entered with each transaction.
Ascendo Money Desktop is a great partner if you want to take it further and sync your
BlackBerry to your PC. One big benefit is the option to Export and/or Import data in QIF (Quicken Interchange Format) files. This type is most commonly used by most financial software accounts, transactions, categories and such. In my opinion, the main bonus the ability to archive all of your data on your PC and not take up all of your BBs memory
Ascendo Money is a powerful tool to have on your BlackBerry. You may find yourself finding ways to save money or at least having a valid excuse for spending so much. Its design is intuitive and elegant, mirroring the value you’ll find in Ascendo Money. You can take that to the bank!