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A startup I would love to see is one that could provide detailed personal bookkeeping. Mint.com invented this at some level, but there's still an awful lot of
by aresant 9y ago
A startup I would love to see is one that could provide detailed personal bookkeeping.
Mint.com invented this at some level, but there's still an awful lot of manual classification to drive accuracy in my experience.
In my own household Amazon Prime, for instance, is a major line item expense.
But I'm unaware of a solution that can sort through and properly classify each purchase within Amazon.
- dalore 9y agoI find the same thing with classifying purchases. Most shops can be classified by the shop itself. But with Amazon purchases it can be anything. I have half a mind to write a script that looks up the purchase and finds the category on the Amazon shop page and updates the qif file.
- andrewaylett 9y agoI've found that the key here is minimising the number of categories, and making sure the categories align with how you spend more than what you buy. So my "Groceries" line item includes everything I get from a supermarket, not just literal groceries. I use https://youneedabudget.com/; https://youneedabudget.com/; it's been fantastic. The marketing focuses on the budget side, but having put together a budget you then obviously need to book-keep to use the budget you've put together :).
- lancewiggs 9y agoCheck out Pocketsmith