Objectives and scope of proposed project
• Keep track of day-to-day transactions related to expenditures and income
• Plan and budget for monthly and annual income and expenditure
• Ability to forecast future expenditure based on the past information
• Providing effective and user friendly mobile application for users to interact
• Provide the ability to segment expenditure into categories such as food,
transportation and health for a clear and efficient tracking.
• Grouping and analyzing the personal income vs. expenditure.
• Provide analyzed historical data in graphs and charts.
• A user friendly Mobile application for budgeting.
Critical functionalities for project:
• Adding transaction data into relevant category
o System should save data automatically and ability to undo last entry
o Show subtotal of each category when adding/ changing values in real time
• Create new cash flow categories and edit existing categories such as daily living,
transportation and health. There can be sub categories for each of them (Eg:
transportation: fuel, taxi, repair, public transportation).
• View expenditure by respective category or within a time range
• Generate reports with statistical analysis on income and expense
Expecting screens are attached.