Monday, February 15, 2010

Use categories/keywords to track expenses project wise with screenshots

Trackspends can be used to manage and track expenses , project or item wise, for example tracking expenses on Home interiors.

Here is how it simplify tracking and managing project wise finance.

1) Login to your account and create new category, for example:

New category = "Home Interiors"

2) Add all the keywords that you feel is necessary for tracking interiors - Keywords can be added later on also:

Keywords for "Home Interiors" : kitchen tiles, laminates, glass doors,granite,apparels,fevicol, carpenter, ply .....

See a Sample:

[caption id="attachment_54" align="aligncenter" width="987" caption="Add category and keywords for corresponding category"]Add category and keywords for corresponding category[/caption]

3) Now send SMS with any of the above keywords, example "2000 sky blue laminates" and trackspends will consolidate it in under the category "Home Interiors" hence making it easy for us to track and view how much we have spent.

Now your expenses will be categorized in as:

[caption id="attachment_55" align="aligncenter" width="796" caption="Expense in Home Interior"]Expense in Home Interior[/caption]

In very similar way it can be used for specific projects or items For example Tracking holiday trip expenses by creating a new category ("Coorg trip") and corresponding keywords to track it.

Also subsequently plan to provide a budget wise tracking. Do let us know  your thoughts on it?

Saturday, February 13, 2010

New number for trackspends....

Now we have new number for trackspends.com for sending SMS: 09901100022 . More reliable with infrastructure level changes to support and improve quality of SMS processing for our Users.

Wednesday, February 10, 2010

Now add Categories and modify existing Categories to make your personal finance tracking simple and easy.

Track Spends

Now add Categories and modify existing Categories to make your personal finance tracking simple and easy.

How it works:

Each messages is assigned to a category based on a key word in the message, For example: "70 rs in dinner" will be assigned to "Entertainment & Dining" category as "dinner" word falls under that category.

View list of existing categories and words assigned to them.
Default categories are by no means complete and some of the Keywords will be best defined by you, For example add "readers digest" word to Education Category. Or Remove some of the Keywords from existing Categories.
You may want to separate Entertainment & Dining to different Categories with different Keywords. Or Create a new Category for tracking specific items For example "Interiors of Apartment" with specific keywords.


Tuesday, February 2, 2010

Save nature, save greenery and save paper use trackspends


Saving paper leads to saving trees, nature and overall greenery. Now we already know saving nature is becoming crucial day by day so i will not dwell into it.

In context of trackspends.com how does this fit, simple by using this tool instead of writing down your daily expenses on Paper or Diary will help in small way in saving papers.

So apart from managing your personal finance and saving money / time, you will be saving Papers and hence saving nature :)

What do you think?