Balance Keeper - Free 1.1.0
Free Version
Publisher Description
This app is the free version of the BalanceKeeper app. When compared to the paid version, the free version lacks some controls in generation of reports.
This software works on the basis of transactions.
SELECTING CREDIT OR DEBIT TRANSACTION TYPE IS ESSENTIAL FOR PROPER ACCOUNTING USING THIS APP.
CRDIT is the transaction type used to increase the balance amount of any head of account. Each BALANCE ADDED transaction reduces the cash at hand by the same amount as the deposit made to the account. This transaction is used for deposit in bank or lending to a person.
DEBIT is the transaction type used for Withdrawal from bank account. The same is the transaction type used for receiving money from somebody as a payment for or as loan. This transaction increases cash at hand and reduces the balance position of the respective head of account.
Some transactions require double entries. Following are the typical situations requiring double transaction entries:
1) Fund transferred from one account to another - requires one BALANCE DIMINISHED (source account) and a BALANCE ADDED (destination account). Both transactions have identical money value.
Description is anything meaningful to remember the purpose of the transaction, similar to the remarks made in bank transactions. It helps to clarify the situation.
Head of account is the name provided for grouping the expense, income, balance or asset types in easily identifiable heads of account.
The amount entered in the amount column is the transaction value.
Any mistakes made in transaction entry may be corrected by pressing Review Transaction button. It fetches a list of items. Click the wrong transaction. A separate dialog opens to permit editing of the values. Pressing I date button saves the changes. Pressing Delete button deletes that particular record from the database.
Pressing Export button creates text file containing all the transactions and permits sharing of the same over any available means. This file can be sent to another device or computer, copied to the clipboard and then imported into account manager.
Pressing Import button acquires transaction entries from the from a backup file, either saved previously or received through sharing. Depending upon the number of records, the app may freeze for a while. Wait with patience till the app becomes sane again.
Sharing of records may be carried out using Export and Import from clipboard items found in the ActionBar (Menu).nn
If you forget the password, you may restore AccountManager by getting an SMS containing your password.
(i)Transfer: To transfer money from one head of account to another (like transfer between accounts, money repaid by someone through bank deposit), press the Transfer button. After setting the date, enter the source head of account from which money is debited, make a brief description for clarity, enter the beneficiary head of account and enter the amount of transfer. Press Insert button. After the transaction is inserted. Then press Close button to finish.
Combined transactions make two transaction entries, one for adding to diminishing from an account and another for the actual purpose like income, expense,balance or asset related trqnsaction.
Each login session is valid for 30 minutes. After 30 minutes, time out occurs and one needs to login again.nn
I should be happy ro receive suggestions regarding the app.
Send your suggestions to: nagaradjanekv@gmail.com
About Balance Keeper - Free
Balance Keeper - Free is a free app for Android published in the Accounting & Finance list of apps, part of Business.
The company that develops Balance Keeper - Free is Nagaradjane. The latest version released by its developer is 1.1.0. This app was rated by 3 users of our site and has an average rating of 2.3.
To install Balance Keeper - Free on your Android device, just click the green Continue To App button above to start the installation process. The app is listed on our website since 2015-06-29 and was downloaded 10 times. We have already checked if the download link is safe, however for your own protection we recommend that you scan the downloaded app with your antivirus. Your antivirus may detect the Balance Keeper - Free as malware as malware if the download link to com.jupiter.balancekeeperfree is broken.
How to install Balance Keeper - Free on your Android device:
- Click on the Continue To App button on our website. This will redirect you to Google Play.
- Once the Balance Keeper - Free is shown in the Google Play listing of your Android device, you can start its download and installation. Tap on the Install button located below the search bar and to the right of the app icon.
- A pop-up window with the permissions required by Balance Keeper - Free will be shown. Click on Accept to continue the process.
- Balance Keeper - Free will be downloaded onto your device, displaying a progress. Once the download completes, the installation will start and you'll get a notification after the installation is finished.
