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Keeping track of finances to ensure sound financial decisions are critical in today’s world. Technology has been a big help when it comes to staying on top of financial data whether it is for personal or business reasons. There are several options, but the Apple iPad is one of the most popular ways to stay organized provided you have the right apps on your device.
1. iBank for iPad
Most iOS-based applications that were developed as an alternative to Quicken were not truly stand- alone as data had to be synced to a laptop or desktop-based program. The iBank for iPad is capable of handling all your banking, budgeting and investment tasks without the need to link to a central device. Transactions can be entered manually or downloaded using Direct Access, a subscription service that automatically links to all of your financial services providers. Downloading and collating information on your iPad is a cinch. Downloaded data can be edited with a single tap, and iBank for iPad will categorize the information for you.
2. Money for iPad
Money for iPad is an all-in-one app that allows users to manage income and expenses with ease. Detailed budgets are prepared ahead of time and updated with expense data in real time, ensuring that you can assess the difference between budgeted and real-life expenditures. This app includes a bill payment feature with reminders and alerts to ensure on-time payment. All accounts, regardless of provider are aggregated into the app in detailed categories. Data from your financial institutions are downloaded using OFX import. With this app, your iPad becomes your financial center for personal and business accounts. Reports, graphs and diagrams provide a quick picture of your finances and data from your iPhone and Mac can be synced securely. It is available in several languages.
3. Cash Flow HD
Cash Flow HD for iPad organizes your expenses into detailed categories so that you can see exactly how expenditures are allocated. It tracks business and personal expenses, keeping them in separate categories. This app will show detailed transactions list in the proper categories. It will generate a monthly expense report and provide the matching graphics or charts for a quick and handy assessment of your cash flow. It is available in various currencies.
4. Easy Books
Easy Books is a business bookkeeping app on iPad that turns your device into an office assistant. It can create invoices in PDF format that can be printed from your device. The app allows users to input data based on customer, supplier, product or service category accounts. You can track bank accounts, income and expenses, including statements from your debit and credit card accounts. It can create balance sheets, cash flow statements and summaries of customer and supplier debts. This app includes a time-tracker and an in-app calculator.
5. Bank Apps from your Own Bank
Most of today’s banks and financial services companies offer their own apps to customers. These apps are direct links to the institutions’ services, allowing you to bank on the go. Aside from tracking the status of your accounts, the apps provide an alert and reminder service, making sure that you are always in the loop on any changes in your accounts. Some apps have the ability to process check deposits from your iPad.
Technology plays a big role in the way business and personal finance transactions are managed. With the right apps, your iPad becomes an efficient bookkeeping assistant, financial analyst and budget planner. As a bonus, all of these transactions can be managed on the go and in real time using one or more iPad apps.
Related Resource: Top 10 iPad Apps for Finance and Business Professionals or Majors
