Ultimate guide to start organizing your personal finances with Hysab Kytab

CategoriesUncategorized

Hysab Kytab is the ultimate solution of your day to day personal financing. It is a user friendly and simple apps.

What is Hysab Kytab?

Hysab Kytab is a personal financing app that offers multiple features which includes preparing monthly and yearly budgets. And recording and tracking day to day transactions a part from that it also encourages the saving habit of its users by offering them an incredible option of saving goal.

How it is beneficial for our daily personal financing?

Personal financing is one the thing that we all do, it doesn’t matter you are a student, shop keeper, small vender, housewife or a business man. Some of us use simple journals to do budgeting manually and some of us prepare spreadsheets to maintain budgets. All these practices require a great deal of time and energy. Hysab Kytab offers you a simple solution of this problems. It records and tracks your money transactions. It also prepares budgets and reports of your financial activities. It shows you the graphical representation of your data and financial activities.

Money is a crucial thing. Controlling and managing it is a tough task. Personal financing is one of a way to manage money. Personal financing requires your daily attention. And sometimes we get really tired of maintaining budgets manually as it physically exhausts us. One of the problem we all are facing now a days that we don’t know where our money is heading. We all are surrounded by over spending and extravagant expenses. It’s not like we are not earning money or we are not having raise in our salaries it’s just we don’t keep track of our money.

Hysab Kytab can make your personal financing really easy. This app can actually prepare budgets and track your expense for you. Few benefits of Hysab Kytab are given below.

  • Hysab Kytab categorizes your expenses so that you would k now on what category you spent what percentage of your budget.
  • Hysab Kytab allows to add, edit and delete as many categories as you want.
  • Hysab Kytab prepares pie charts and reports of your daily, monthly and yearly spending.
  • It shows your total inflow and outflow on top of your screen so that you can have a quick view.
  • Hysab Kytab also allows you to prepare budgets categories wise like separate budget for each category.
  • Unlike many other personal financing apps Hysab Kytab works in offline mode as well which is incredible.
  • Hysab Kytab allows you to share and export your data to excel.
  • Hysab Kytab offers you to plan and track as many goal as you want.
  • Hysab Kytab has an incredible option for people who travel a lot it gives you an option Travel mode by turning on this mode Hysab Kytab automatically do the conversion of currency from your home country to your destination.
  • Hysab Kytab has an incredibly helpful option of attaching receipt which will save you from worrying in future about where your receipts went. Hysab Kytab allows you to attach receipts of your spending in a form of a picture of your receipt. By doing so in case of losing actual receipts you will still have receipts save on Hysab Kytab as a contingency option.
  • Hysab Kytab offers you to Tag places. By doing so you can get an idea at what place you spent the most.
  • Hysab Kytab offers you to have a backup either in your local mobile memory or in google drive.

Highlights of few features of Hysab Kytab

Hysab Kytab offers various features which lead its graph of novelty to peak. Such as preparing budgets and preparing reports. Recording, tracking all of your daily transactions. Some main features are given below.

  • Tracking and recording expense transactions: Hysab Kytab records, tracks all of your money transactions on its own.
  • Preparing budgets: Hysab Kytab prepares your monthly budgets and maintains them for you. Hysab Kytab will daily update you about what percentage of your budget you have spent and what percentage of your budget is left. It allows you to set reminders.
  • Preparing reports: Hysab Kytab prepares reports of your financial activities. To make it a little more understandable for you Hysab Kytab shows graphical representation of your transactions and activities. Hysab Kytab also prepares pie charts for your better understanding.

Hysab Kytab and budgeting

Hysab Kytab helps you massively to maintain budgets. It offers monthly and yearly budgets. It shows all the important information you would need to know on one single page. Hysab Kytab tells you how much you have spent, how much of your budget is left. It also represents budget of each category separately. Hysab Kytab allows you to make as many monthly or yearly budgets as you want. You can daily check your budget and in order to know that what percentage of your budget you have spent so far.

Hysab Kytab underlines the role of saving goal in reducing impulse spending

Hysab Kytab helps you to get through the habit of impulse spending. Impulse spending is one of thing we all regret after doing it. Usually people do more impulse spending when they have no saving goal. Because if you have a saving goal you will definitely give a second thought before buying anything that is not absolute necessity. Hysab Kytab underlines the role of saving goal in reducing impulse spending by giving you an option name (Saving goal). By setting your saving goal with Hysab Kytab you can keep a hawk eye on your daily spending and you will know exactly where you spent what amount of money. Hysab Kytab will send you a notification on time to time to keep you fully aware of your spending.

Related Post

JULY 12, 2019

Personal Finance Industry

Personal Finance is the element of finance and it’s an individual ability to take...

0

JULY 12, 2019

Wedding Season

Wedding season is going around, and all those who are going to tie the knot is worrying...

0

JULY 12, 2019

Wrong Mutual Fund Investment

The Mutual Fund fee can clean away all your retirement savings. So it’s better to...

0

JULY 12, 2019

5 Investment Moves to make in...

Twenties is the time when a person learns money habits, whereas there is also a time to...

0

JULY 12, 2019

Easy Ways to Save Money

Money we all love it isn’t it? Getting worried about the money can make you sick, it...

0

JULY 12, 2019

Retirees Make Better...

Does getting older make you smarter, or does the time slowly corrode your cognitive...

0

Comments

OneComments

Leave a Comments

How to set a budget?
To set budget to pfm, tap on budgets then tap on ‘’create new’’ budget button. You can choose category and allocate amount for budget.
How to add a new transaction?
To add new transaction, you can tap on plus button (bottom), select transaction type, add amount, select category, select account, to add detail (optional) you can add description, tags, location, receipt etc. In case of recurring transaction set time interval.
How to filter out past transactions?
Tap on filter icon to filter out / sort transactions by category, amount and transaction type.
How to set saving goal?
To set saving goals with hysabkytab tap on create new option, name your goal, add amount, set target date, add tags (optional), choose icon (optional), tap on create saving goal option.
how does tag work in hysabkytab?
Tags work just like a sub-category in hysabkytab. For example, you added an expense transaction for rs.350, category (transport), account (cash) and you added a tag name (uber). Now you can search through your tag. To search, tap on history, tap on search bar, type your tag name (uber)
How to change personal accounts into income and expense accounts?
New hysabkytab has person account only for lending and borrowing. You can change your previous personal account into income and expense accounts. For that create a new cash account with same name, but don’t enter balance, then make a transaction of transfer (from old account to new account with initial balance).
Why hysab kytab asks for camera access?
Certain features in hysab kytab requires access to your camera/gallery for example if you want to attach receipts with transaction, or you want to post sale alerts, in those scenarios you are required to give access to your camera/ gallery.
Why hysab kytab asks for my location?
When you try using the feature of adding place to your transactions, the app requests your permission to give access to location services. If you allow the app to access these location services, you will be able to see what places you are spending your money at.
How to change a currency format?
You can adjust decimal according to your need, to change currency format, tap on left drawer (top left), tap on setting, tap on currency format (change by scrolling down)
How does reminders work in hysabkytab?
You can set reminder for any type of transaction. To set reminder, tap on left drawer, tap on reminder, tap on add button, set type, title, time, interval, date.
How to change time interval?
To change time interval, tap on money, tap on calendar icon (top right), change interval according to your choice002e
How to set 4-digit passcode?
To add extra layer of security, you can set 4-digit passcode on your hysabkytab app, to set 4-digit code, tap on left drawer, tap on setting, tap on security, set 4-digit pin.
How to create a backup on hysabkytab?
To take backup, tap on left drawer, tap on setting, tap on backup, you can either take backup on your device or google cloud.
After changing phones, how do i transfer my data from one phone to another?
you will have to create a backup on your google cloud from your old phone. If you are logged with the same google account in your new phone, you can restore the data from your google drive. Once restored, all your data will be retrieved automatically.
Cross platform backup
Hysabkytab does not support cross platform backup, you can only restore android backup to another android device only.