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Discussion on: How do you track your finances?

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marcandreh profile image
Marc-Andre

I really enjoy using MoneyMoney and GetMyInvoices for tracking our expenses, transactions and invoices.

  • MoneyMoney lists and categorizes all transactions from our bank & credit card accounts automatically. This gives us a good overview about liquidity and is our golden source for every incoming and outgoing Euro. What I really appreciate: It only costs EUR 29 one-time – no subscription.
  • GetMyInvoices stores all our incoming invoices via upload or email, reads and categorizes them automatically via OCR and exports them at the end of every month to our accountant.

We also tried "more sophisticated" tools but in terms of pricing and effectivity, those two really match our needs.

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hugohamelcom profile image
Hugo Hamel

Interesting! MoneyMoney only in german? And can it access both Canadian and European accounts?

Where do you store your invoices and expenses afterwards with GetMyInvoices?

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marcandreh profile image
Marc-Andre

Both tools are available in English too!

MoneyMoney supports all major European banking interfaces (FinTS/HBCI & PSD2), as well as PayPal, Wise etc.

What banking interfaces are there in Canada?

GetMyInvoices is the main data storage for our invoices. Whenever we search for any specific invoice, we can use the extracted meta-data (invoice no, issued date, amount) or even a full-text search and download it from there.

Both tools offer spreadsheet exports whenever a custom analysis or forecast is needed.

Actually I didn't want to advertise any specific product, but in general we rely on those two processes:

  1. that collects and categorizes transactions from all accounts
  2. that stores and organizes all invoices for taxation and accounting
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hugohamelcom profile image
Hugo Hamel

Just looked and MoneyMoney doesn't support my European bank :(

It's a good question for Canada, I don't really know...

Thank you for clarifying, that really helps :)