The world is constantly evolving, at a faster rate than ever before in the history of the world.
A few centuries ago accounting wasn’t as sophisticated as it is today, but now an accountant can operate for months on a mobile phone with the right apps.
It is no longer about how hard, but how well.
Accounting is no longer about sitting in an office and writing down reports on higher education notebooks, but you can now have the world on your smartphone, in your pocket.
If you’re an accountant who wants to move forward, here are 5 smart android apps you should start using today.
Cost: Free
Size: Varies, depending on the device
If you’ve been an accountant for any more than a week now, and if you sense the impact technology will be making in the accounting world in coming weeks, months and years, then you need to get this app!
The Mint.com personal finance app is one of the most sophisticated accounting app out there, and it has been repeatedly featured as a “must-have app” on some of the top websites online, including but not limited to Lifehacker, PC Magazine, Kiplinger, and a lot more major websites.
Aside from the accolades this app has won, I think what makes it unique is its features. Here are a few reasons you should get the Mint.com personal finance app:
- You can keep records of your checkings, savings, and even credit card accounts
- You can easily track your budget and cash spending
- You can view finances online, and at the same time get notification in the case that something needs to be checked with your account; this includes low balance, upcoming payment notifications, and unusual activity on your account.
- You can automatically categorize transactions
- It is used by over 7 million people
2. mooLa
Cost: Free
Size: 3.8MB
Do you know that as of May 2011, there is over $2.43 trillion in total consumer debt according to the Federal Reserve’s G.19 report on consumer credit?
I know how that sounds to you, but you will be very surprise to learn that a huge percentage of this debt is accumulated for one major reason. Why? People find it difficult to keep track of their finances, and as a result they don’t know when they’re in debt.
It doesn’t matter if you’re looking for an app to make your accounting job easier, or if you want to recommend an app to your clients, this one is the real deal!
Here are a few major features of the mooLa app for Android:
- It helps you track your money and bills in one place
- It helps you categorize your spending habits by categories
- It enables you to export or import data
- It has a password feature that can help you protect your data from prying eyes
- You can get important account notifications if you want to
Cost: Free
Size: 1.2MB
One major aspect of accounting that needs a lot of focus is household financing, and there is no better app out there than EEBA.
One major feature I love about this app is the sync feature; it allows you to sync your data with other mobile devices or the internet. This app is especially useful if you want to sync accounting data with a client, or if you’re doing accounting data for join partners and don’t want to make your report separately.
Some major features of the EEBA app are:
- It automatically syncs your data to more than 2 phones
- You get detailed report by budget, location, expense, payee, or month
- Your data is automatically backed up to the EEBA website
- It is ad free
Cost: Free
Size: 124KB
How are you planning for your retirement right now? Are you sure things will be alright if you retire?
Of course, the traditional way is to visit a retirement planning office to take care of your retirement, but what if you could do the very same thing on your mobile phone?
The retirement planning app is a sophisticated app that makes it easy for you to retire without hassles, by taking care of your retirement accounting.
Cost: Free
Size: 119KB
With almost a million downloads at the time of writing this article, this app is one of the best mortgage calculators out there.
It doesn’t matter if you’re up for a new home or a new car, having proper understanding of your mortgage will be of great help, and you need this app for that.
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