CommonCents is a simple and powerful budgeting and personal finance solution designed to help individuals and families get control of their finances.
CommonCents uses the time-tested envelope budget approach to help you effectively manage your personal finances. Even if you are new to envelope budgeting and to managing your finances with an envelope system, we think you will find CommonCents simple to learn and intuitive to use.
The user-friendly layout provides a complete view of your finances on one screen. It's an easy way to know at a glance exactly how much money you have on hand and what it is allotted for. This helps you control your spending and plan for your future goals.
CommonCents is packed with powerful, time-saving features that complement its intuitive design. These include automated transactions, streamlined data importing, familiar checkbook-style registers, clear financial reports, and so much more!
New! Enhanced Data Encryption
All of your financial data is stored in encrypted files and can be further protected with a private password so only you or those you authorize can access your data.
New! Local or Remote Storage
CommonCents supports storing your data locally or remotely on a network storage device so you can access it from wherever you choose.
New! Backup and Recovery Manager
A Backup and Recovery Manager is now embedded within CommonCents so you arent relying on another product to safeguard your data. No more starting all over to rebuild your financial files. You can easily back up your data and rest peacefully at night knowing that another copy exists should you ever need it.
New! Log Manager
Should you ever encounter a problem, the new Log Manager keeps track of error messages to help us quickly identify and resolve any issues.
New! Options Manager
The new Options Manager enables you to select how CommonCents auto-assigns envelopes for specific payees, when the system checks for updates, and the format for how dates are displayed. It also allows you to select from an expanded list of different currencies and the format in which they display.
New! Enhanced Budget Editor
In the Budget Editor, weve added the ability to allocate your income by percentages or fixed amounts and it still does all the math for you!
New! Enhanced Scheduling Options
Weve improved the scheduling options for recurring income and expenses, to provide increased flexibility and control. Enhancements include the ability to enter a budget allocation or expense on-demand and to schedule on a semimonthly basis. With all of the scheduling options now available, CommonCents works even better with your time frame.
New! Improved Importing Functionality
Importing data downloaded from your financial institution is now even faster and more accurate. In the Import Manager, weve added a step that lets you view, edit, and assign all inbound transactions before posting them to the account register. This, combined with the improved ability to map payees to budget envelopes, has the potential to save you a lot of time and keystrokes.
New! Payee Manager
The new Payee Manager enables you to easily edit, remove, and map payees.
New! Hot Keys
A new set of hot keys for data entry has been implemented so your fingers dont have to leave the keyboard.
New! Improved Transfer Options
Transfers can now be made directly from the account register by selecting the account or envelope name from within the transaction drop down list. Recording the payment for your credit card bill from your checking account is now easier than ever.
Uses the "envelope" method of budgeting
In CommonCents each category of your budget is represented by an envelope. Every paycheck will get distributed into these various envelopes. When you spend money on groceries, the money comes out of the groceries envelope. When you pay your rent, the money comes out of the rent envelope. This is a time-tested method of managing your money. It's an easy way to know at a glance exactly how much money you have on hand and what it is allotted for.
Familiar checkbook-style registers
CommonCents will be very familiar to anyone who has used a checkbook register. All of your income and expenses are recorded using a register system. Working in the registers is easy. In essence, it's just like working in your checkbook register, except that CommonCents enables you to distribute your transactions to your budget envelopes, and it does all of the math for you.
Manage all of your financial accounts
CommonCents handles all of your financial accounts, including checking, savings, cash, and credit card accounts, as well as other asset or liability accounts. This allows you to view at a glance your total financial assets and total financial liabilities.
Automate transactions and allocations
Use the Schedule Manager to automatically perform reoccurring transactions. Do you receive a paycheck every week? Let CommonCents automatically record and distribute your income into your budget envelopes. Do you pay the rent every month? Let CommonCents automatically record the transaction as it takes the money out of your rent envelope. Simple.
Password protect your information
CommonCents gives you the option of protecting your financial information with a personal password. Launching your CommonCents file can require that your password be entered before any information can be viewed. This can come in handy if you're not the only person using your computer.
Detailed financial reports
CommonCents enables you to produce very detailed financial reports. It comes with a set of default reports that you can customize to provide you with the precise financial information you need.