iReconcile Lite app review: cashflow management

Introduction

If you’re looking for a simple yet effective money management tool to use on your iPhone and iPad then you might like to check out iReconcile Lite as it offers features to take care of your expenses, budgets, transactions, and loads more.

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This is a very well-developed app in the Finance category of the App Store, and although the interface is very simple and easy to navigate this is a little deceptive as the functionality is well up there with some of the more popular names in this genre.

Full Financial Management

This is a great money management app that provides you with a simple and intuitive interface from which you can easily manage various aspects of your finances such as your expenses and how they fall in line with your budgeting efforts.

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You can add an unlimited number of financial accounts to this app, enabling you to cover your checking accounts, credit cards, debit card transactions, and so on, and I suppose you could even use it to keep track of your loan or mortgage repayments.

Export Your Records as a Spreadsheet

iReconcile Lite enables you to split transactions between your accounts, so if you pay for something partly with cash and partly with a debit card for example, then you’ll have no problem recording this in the app without having to fuss around with awkward features.

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What’s more, you can share your records with others online via email in .PDF, .QIF, and .CSV file formats, as well as projecting your information onto detailed reports to gain a more thorough understanding of your spending habits.

Pros & Cons

Pros

• Easily manage your expenses and budgets from within a streamlined interface
• Set up as many accounts as you need to cover the various aspects of your personal and professional lifestyle
• Split transactions between your different accounts with ease
• Use the built-in search engine to quickly find transactions, payees, and more
• Create detailed financial reports with spending, income, profit, loss, and other information
• Find tutorial videos within the app that will teach you to learn the various features
• Share your reports with others online via email in .PDF, .QIF, and .CSV file formats
• Keep your records safe and secure with passcode protection                           

Cons

• There is nothing negative to say about this app

Final Words

iReconcile Lite provides a great way of trying out the basic functionality of iReconcile on your iPhone and iPad, and if you like what you see then I’d definitely recommend checking out the full paid version of this finance app.