Having trouble viewing Cygnet-Infotech Site® ? It's because the browser you are using is not supported. Please upgrade to one of the latest versions.

Your 2-minute Quick Guide to Finding the Right Android Expense Management App

Cygnet Infotech

Head over to Google Play and search for expense management or expense tracking apps, and you will be buried under dozens of results. Wading through that sea of apps and finding a pearl that fits your Android is a time-consuming task. So, we have done it for you and are presenting the best results here.

Before we plunge into the process of discovering the top expense management apps for Android, I’d like to bifurcate the apps into two categories

1) Simple and quick expense managers that let you track and manage personal expenses, and

2) Complex apps that let you or your business manage multiple accounts (which can even be integrated with your bank accounts and credit cards).

For individuals who are looking for a simple expense manager, complex apps present a steep and annoying learning curve, and demand too much information. On the other hand, if you want a full-featured expense management app, a basic app just won’t have all the features that you need. So, firstly you need to decide what kind of expense manager you are looking for. 

Guide to Expense Management App 1

I am looking for a Simple, Personal Expense Management Android Application.

Money flows through my fingers like water. One day it’s there, and the next it is gone. At times I am pleasantly surprised at how much money I still have in the bank, while at other times, I am left with hardly anything in my pocket, wondering where it all went. So, I was on the quest to find an Android app that would just let me track my expense and keep tabs on my spending.

I ended up downloading 10-15 apps, too many of them meant for more complex needs. Out of all the ones I used, here are two of the best.

1. Expense Management, aka m1-Expense (Free, no ads, no in-app purchases)
This app worked for me because I was looking for an easy-to-use expense management app that I could simply pick up and start using. If you are an individual looking for an app to track your personal expenses on your Android smartphone, you must give this free app a whirl. Not only is it free, but there are no ads or in-app purchases (at least in the current version), and you can lay your hands on the full version with all the features.

What the does m1-Expense app let me do?

  • Just select category and input the expense or income
  • Just click and type in to create a new category for expenses of income
  • View history of expenses for all categories as well as specific categories
  • View quick breakups of income and expenses in form of pie charts and Venn diagrams
  • Use Map feature to add the location of the expense
  • Instantly click photos of bills or receipts to keep records
  • Easily delete or edit existing records
  • Search records with specific keywords
  • And lots more

Here’s what it looks like: 

Guide to Expense Management App 2

Who is this app for?
This app is ideal for the average user who simply wants to keep track of expenses and incomes, to save bill details in one place, and to keep an eye on spending patterns. If you are looking for a personal finance manager or a daily expense tracker, you will love this app.

2. Expense Manager by Markus Hintersteiner (Free, with ads & in-app; Pro version with no ads for $4.99) 

For tech-savvy users looking for an expense manager with more bells and whistles, Expense Manager has more than enough. You can download the ad version of the app for free, while the Pro version will cost you $4.99. With Expense Manager, you have all the general features, and then you have several special features:

  • Homescreen widget
  • DashClock integration
  • Spreadsheet reports
  • Backup and restore
  • Detailed stats on your spending’s (requires in-app purchase)
  • Record incomes also (requires in-app purchase)
  • Distribute Expenses (requires in-app purchase)

Who is this app for?
While Expense Manager has a solid UI, the abundance of features means that there is a bit of learning curve. For users with simple requirements, it may be a bit of an overkill, but if you want a full-featured expense manager that helps you maintain and manage all your finances, this one is a great choice.

Guide to Expense Management App 3

I am looking for a Powerful and Multipurpose Expense Management Android Application.

Managing personal expense is one thing, managing the expense for a small business or maintaining financial reports for your company another. For managers and employees who travel at company’s expense, or for a small business owner, the task of recording expenses and income is quite often a headache. Here are two apps that do a stellar job of solving such problems.

1. Expense Manager – by Bishinews (free, no-in app purchase required)
This expense manager has most of the features that the above two have, but it goes further. It is definitely worth a try when you take into account the sheer number of features that are available for free. Some of its interesting features include:

  • Schedule payment for upcoming payments
  • Set up payment alerts
  • Autofill data
  • Import and export data in CSV format to PCs
  • Back the data up on your SD card, Google or DropBox
  • Get reminders for recording daily expenses
  • Support for multiple accounts with different currencies
  • In-built currency conversion, calculator and tip calculator 

Who is this app for?
Traveling for your business and finding it tough to record and report your expenses? Getting tangled up between different currencies? This free app, with its bucketful of features and friendly UI, will solve your problems.

2. ProOnGo Expense Tracker
This app will solve the financial recording and management problems faced by small businesses. It is an addition to a the main software of the same name that enables small businesses to record mileage, receipts and time in multiple formats. The application is packed with useful features:

  • Sync expense from different accounts
  • Automatically extract data from receipts
  • Track mileage through GPS
  • Integrate credit cards
  • Offline mode availability
  • Web portal for using app from desktop
  • Contact integration

Who is this app for?
Small business owners struggling to maintain records of business and personal expenses will find this app pretty useful. Not only does it let business owners keep an eye on employee expenses, but it also has a provision for client payments. The only catch is that you have to get the tool to use the app.

  • Sync expense from different accounts
  • Automatically extract data from receipts
  • Track mileage through GPS
  • Integrate credit cards
  • Offline mode availability
  • Web portal for using app from desktop
  • Contact integration

Honorable Mentions

While the above apps are best-of-breed in our view, there are many other comparable apps that deserve their place here. For personal expenses, you can also check out Cashbook, SmartMoney and Tangerine Expense; while for more advanced expenses and payments needs, you can take a peek at Toshl Finance Budget & Expense, FreshBooks Cloud Accounting and Zoho books.

Cygnet Infotech

Cygnet Infotech is a CMMi level 3 and is ISO 27001:2013 and ISO 9001:2008 certified, 18 year old global technology provider enabling ISVs & enterprises through emerging technology, software engineering, technology consulting, SAP Implementation, advisory & maintenance services. It’s proven 18-year track record boasts of successfully delivered 1400+ valuable software solutions to its diverse clientele across the globe using a global delivery model.

View All Posts
comments powered by Disqus

Get started with Cygnet

Cygnet may keep me informed via email or phone about its Products and Services.