Managing personal income and expense important. With a proper management we can reduce the unnecessary expenses. To track your each expense and income, it’s better write down them. Unlike the early days, now we can record all the transactions right after they happened with the help of smart phone. Gullak is a one of the best money management app for Android that can record personal income and expenses.
This Android personal finance app has much more features than other. Just like similar personal income, expense tracker apps, this one has manual and automated income and expense recording. Apart from that user can add recurring income as well as expenses to automatically add to your account. This is a good feature to automate this app to record the scheduled receivables and payments.
The Gullak finance manager app has the ability to scan the SMS inbox messages to automatically identify bank and billers send text messages income, expenses. This free Android finance app has detail reporting feature. User can view the report in payment mode, categories, subcategories, yearly, monthly, weekly, daily or custom reports.
With custom reporting, user can filter reports by category and payment method. With its cloud synchronization user can access and record transactions with multiple devices. In addition to that, Gullak expense app comes with its web based account. Therefore the user can access account any device’s web browser.
The Gullak money manager has bank accounts management. Unlike other personal finance tracking apps, this one can track the ATM cash withdrawals. User can record ATM cash withdrawals in Bank Account section. At this moment, we can’t see this feature in other similar apps. With this function, the user can track bank account withdrawals accurately. Although, when we’re adding an ATM withdrawal, this app automatically adds that amount as an expense and it’s not transferring that amount to cash in hand. Therefore, it makes dual expense, because when we are actually make expenses from that withdrawal again this app again mark them as an expense. It’s a one of the limitation of this app. Apart from that it’s not supported multiple currencies and not use present currency exchange rate. Therefore, if you have different currencies income and expenses you have to convert them.
To add ATM transactions, you have to manually add the bank accounts in “Manager Bank account” option. After that to add cash withdrawals switch to the relevant bank account and add debit transaction.
App main windows show the recorded transaction details. Swipe to the left user can access to other features. With the recurring/reminder feature user can add daily, weekly, Biweekly, monthly, Quarterly, half yearly or yearly income and payment reminders. Budgeting option let the user to create a personal budget for different categories or payment made for a given period of time. Once the budget limit reached it will automatically alert you.
If you purchase good with a warranty, you can add the date when its warranty is getting expired. This Android expense manager app will alert 10 days prior to the expire. Like other similar apps, ths one also support add multiple accounts. With transfer feature, user can manage funds transfer between the added accounts.
You can download this Android expense reporting app from the Google play store from the following link.