TrackIT: Expense Edition from JavaTek Media is a comprehensive financial management application that allows the user to track expenses and income, as well as sort the information by categories and by merchants. It also provides the user with exchange rates for many countries; unfortunately, it appears they were last updated on April 2006 so it is not very useful. Thanks for trying though. After some initial difficulties (Mobihand was having “issues”) I was able to install it on my BlackBerry Curve 8900.
One of the features I really like is the Reports and Graphs feature. You can view a graph of either your expenses or income by day, month, or year. Another feature I like is the vast number of categories you can file your expenses and incomes. There is even an option to add additional subcategories. I use Microsoft Money to manage my family’s finances; the setup is similar so there was a very small learning curve with this app.
Entering in expenses is very easy but you have to create your accounts first. I have it tracking my checking account as well as my 2 T-Mobile rebate cards (thanks BlackBerry!). Once that is complete, it is filling in the blanks after that. The date is defaulted to the current date; you enter what the expense is in description, the merchant, amount, and what account it came from.
Another nice feature is the Expense Schedule. For example, if you have autodraft for overdue credit cards, student loan payments, or gym memberships, you can add those recurring charges and have them automatically appear on the date you enter.
My biggest problem came when trying to export the information into Money. The fields did not correlate so I basically had to retype everything. That REALLY reduced the usefulness of the app.
The only other problem I had was a very strange one. You have the option to change the color scheme of the program from Original (a red, yellow, and orange eyesore) to either a blue, green, gray, yellow, or white scheme. For some reason, the program ran slower on every color scheme except for the original. Not a great deal slower, but it was noticeable. Very odd.
Overall I really like this application except for the one major sync problem. Maybe users of Quicken or other tracking software will have better luck than me exporting the data.