Q1 How to see the balance?
If you want to see your monthly balance alongside total spending and total income, then you can enable the "Show net balance" setting from the app's settings page.
Also, if you wish to carry forward your previous month's balance to current month, you can enable the "carry forward balance" setting from the app's settings page.
Q2 How to add transfer transactions?
For Android: Tap on the drop-down arrow at the top of the Add Transaction page and select "Add transfer" to add a transfer transaction.
For iOS: Select the "Transfer" tab from the top of the Add transaction page.
Once you're on the "Add transfer" page, enter the amount transferred, select the source payment mode, the destination payment mode, and save the transaction.
Transfer transactions are neither counted as expense nor as income but helps you to track transfers between your different payment modes.
Q3 How to view balance in different bank accounts, wallets or cash in hand?
The purpose of our app is to ease up the task of expense management, and that’s why we don’t offer this feature. There are some small transactions that happen within your bank account without you noticing them, like debit card fees that get deducted from your bank account, cashback from UPI clients that directly come to your bank account, etc.
Adding the feature to track the balance in different payment modes will unnecessarily make the app complex, as then you are bound to enter each transaction, and missing even one transaction will show incorrect balance in your different payment modes.
We believe that it is better to not show something than showing it incorrectly.
Q4 How to add investment transactions, as it is neither an expense nor income?
We understand that investments are not actually expenses. But as the money that is invested is also coming from your income only, we suggest you to include investments in your budget. The app provides you with a Investments category, so while planning and creating your monthly budget you should allocate as much money as you wish to investments.
For example, if your income is ₹50,000, and you want to keep aside ₹8,000 as savings, then your total budget should be ₹42,000. And if you wish to invest ₹6,000, then you should allocate a budget of ₹6,000 to the Investments category, and the remaining balance among all other categories.
Q5 How to track recurring transactions?
Recurring reminders are a great way to ease up your work for a few transactions. Go to the reminders section and add a new one. Set the amount, category, and payment for the intended transaction. Now, set the time you want to be reminded and set the frequency of the reminder, you can choose from "does not repeat, every day, every week, every month, every year" or you can set a custom frequency.
After the reminder has been set you will receive a notification reminder about the transaction at the set time and day. For your convenience, you can add the transaction from the notification itself.
If you want reminders to add transactions automatically, check out Q6 (only for Android).
Q6 How to automatically add transactions from reminders?
By default, you will receive notifications of active reminders from which you can add that transaction easily. But if you want reminders to automatically add the transaction without any input from you, then go to the Settings page, tap on Advanced under the customize section, and enable 'Auto add reminders'.
Note: This feature is only available on Android.
Q7 How to generate a PDF report of my transactions?
Go to the Settings page inside the app, click on Export data, select PDF and then select a month or year to generate its report.
On Android, these reports are stored inside the Download folder of your device. Go to the File Manager or any similar app on your device, click on internal storage, then click on Download, and you will find the reports there.
On iOS, you can find these reports in a folder named Expenses Manager on your iPhone.
Q8 How to backup my data?
As you would already know that all the financial data which you store in the app is only stored on your device. It is very important to backup your data regularly, so that you can easily restore it if you change your device or you re-install the app on the same device.
For Android: The app offers four types of data backup options:
Creates a backup of your data on your device's local storage. Go to the Settings page inside the app, click on Backup and then select Local Storage to create a new backup of your data.
Creates a backup of your data on your own Google Drive. Go to the Settings page inside the app, click on Backup and then select Google Drive to create a new backup of your data.
Automatic Drive backup
Automatically creates a backup of your data on your own Google Drive daily. Go to the Settings page inside the app, click on Advanced in the Backup, restore & export section and then click on Automatic G-Drive backup to enable automatic daily backups.
Automatic Local backup
Automatically creates a backup of your data on your device weekly. Go to the Settings page inside the app, click on Advanced in the Backup, restore & export section and then click on Automatic local backup to enable automatic weekly backups.
Please note: All the G-Drive backups are stored inside a folder named EM data in your Google Drive and all local backups are stored inside a folder named ExpensesManager in the Downloads directory inside your device's internal storage.
For iOS: The app offers two types of data backup options:
Creates a backup of your data on your iCloud storage. Go to the settings page & click on backup to create a new backup of your data. You can restore your data using this backup on any device where you're signed in with the same Apple ID.
Automatic iCloud backup
Automatically creates a backup of your data on your iCloud storage daily. You can enable automatic backups from the app's Settings page.
Q9 How to export my data?
You can either export your data as a PDF or a CSV file. You can check Q7 to learn more about how to generate a PDF report of your transactions.
You can export your data as a CSV file, which can then be opened in Excel.
Go to the Settings page inside the app, click on Export data and then either select a month or year to export its data or click on Export All Data to export all data.
On Android, all the exported files are stored inside the Download folder of your device. Go to the File Manager or any similar app on your device, click on internal storage, then click on Download, and you will find the exported files there.
On iOS, you can find the exported files in a folder named Expenses Manager on your iPhone.
Q10 How to restore my data on a new device?
For Android: You can restore your data on a new device in the following 2 ways:-
If you have created a local backup on your old device, then you have to copy the ExpensesManager folder (present in your phone's Downloads directory) from your old device to your new device's Downloads directory yourself. Then, go to the Settings page inside the app, click on Restore data, select Local Storage and then select the backup file to restore your data.
To restore images attached with the transactions or reminders (if any), you need to copy the ExpensesManager folder from the Pictures folder in your device to the same location in your new device.
Note: If you are using version older than 2.17, then you need to copy the EM Data folder (instead of ExpensesManager folder) from your old device's internal storage to your new device's internal storage.
- If you have created a Drive backup, then you just need to go to the Settings page, click on Restore data, select Google Drive, and then select the backup file to restore your your data.
For iOS: To restore your data, first make sure that you're logged in with the same Apple ID in your device, with which your were logged in with when you took the backup. Then go to the app's Settings page, click on restore and choose the backup file you want to restore your data from.
Q11 How to edit or create new categories?
The app provides you with 18 predefined categories (14 expense categories & 4 income categories). You can edit these categories or create new categories by going to the Categories page in the app.
Q12 How to create multiple accounts inside the app?
You can use Tags to simulate multiple accounts functionality. Suppose, you own a business and you want to use the app to manage your business transactions as well as your personal transactions, then you can use 2 different tags, say, "business" and "personal" to track these transactions separately, while also getting a combined report and analysis for all the transactions.
You can view transactions with a specific tag by applying filters on the Custom View page. To get monthly or yearly analysis of a specific tag, go to the month analysis or year analysis page and tap on that tag.
Q13 How to create sub-categories?
We provide sub-category functionality through Tags.
If you want to track your expenses for a specific item or a specific type of item, but you don't want to create a separate category for them.
Suppose, you want to track your expenses on milk, but you don't want to create a separate category for milk, because you also want to track your total spending on all food items.
Then, tags are the way to go. You can add a milk tag in each of your transactions for milk while also categorizing it into the food category.
Note : For all questions related to purchases, please refer Purchase FAQ page.