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It is a great blessing to track or forecast your cash flow and make sure that you have an eye at the possible financial storm which is coming your way. With the help of pocket smith, it has become very much possible to do so. PocketSmith is a sort of finance software application which is very much personal, helps you in tracking your financial accounts and all of them at one place. Not only, it shows the current situation of your bank account but it helps in forecasting the state of your accounts based on your expenses and income. It also comes with a feature of multi-currency which enables the user to see the currency in real time and converted to the home currency. However, your net worth is recorded in your base currency. You can create custom budgets for daily, weekly and monthly use. You can also make use of the budget calendar where you can schedule your upcoming bills so you are reminded for in time payments. However, it is only a calendar to keep track for the number of bills and the total amount you need to pay. It does not pay the amount for you as there is no such feature. PocketSmith shows you the actual difference between your assets and liabilities so that you know where you stand in terms of your net worth. It is a paid service so there are no advertisements on the screen hence you can perform your functions without any disturbance.
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Pocketsmith is really a great tool I have been using them for a long time now.
So I can say from my experience. It helps to track all financial accounts. You can see the expenses, custom budgets, bills, payments, invoices and also allow to schedule your payments.
I track what payments to make and what I made.. It helped to understand the cash flow of my business and home expenses.
Even there is a way to create custom budget for day, week and month.. to not overspend. that's really great - very helpful I must say. I can see the difference what are my assets and liablities. I have been a finance student but I surely want to say this platform is easy and ideal for all kind of usage.
Highly recommended ..
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