Best Free Accounting App for Personal Use and Business in 2021

Free Accounting App for Personal Use and Business in 2021

As humans, we involve several types of accounting activities in day-to-day life. Unless we are accounting professionals, It is difficult for us to manage day-to-day account activities. But there are several mobile applications are available in the market for free and as paid versions.

In this tutorial, I am going to show you an awesome accounting app for personal use. It is not limited to personal use, based on your requirements, the app is also suitable for small businesses. The app is named Income vs Expenses

Free Accounting App for Personal Use and Business in 2021
Income vs Expenses – Best Free Accounting App for Personal Use and Small Businesses


The app Income vs Expenses is one of the excellent accounting apps for free available in the market. It allows you to control income and expenses. You can raise a flag when the expense increases the income.

Using this free accounting app, you can easily monitor how much money you spend, how much money you make and you have better control over your income and expense.

Therefore, this app is not limited to personal use, however, it can be used by a variety of people for managing their income and expenses.

Features of Income vs Expenses Accounting Application

The income vs Expense Calculator app has several features. Below are some of the many features available in the app.

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Initial Screen of Income vs Expenses Mobile Accounting App

#1 User Defined Income and Expense Categories

The most useful feature which makes the app generalizable to a variety of people is that the app’s ability to allow users to create their own categories for income and expense. Obviously, the source of income and expense will vary from person to person. Therefore, this is a must-have feature for any accounting apps. This app has it. It has also CRUD functionality. Meaning you can create new categories, Read them, Update them. You can also delete any categories if mistakenly added or no more required.

#2 Responsive Sleek User-interface

The user interface is straightforward, simple, fast and flexible. What else do we need to use an app?

#3 Manage your financial accounts

It allows you to define and manage your own financial accounts to manage income and expenses more precisely. You can also book keep your income and expenses. You can also view and control income and expense in terms of categories, days, and more

#4 Supports for Future Spending

This is one of the amazing features of this free accounting app. It has a function that allows you to easily keep track of invoices and bills that must be paid in the future. Making is easy for you to plan your future expenses accordingly.

#5 Other features

  • Budget – to create a finance budget for each category as well as their own budgets for any time frame
  • Categories – both revenue and expenses are grouped into categories that define the same user
  • Reports – a multitude of reports allows you to easily control finance and household budget
  • Backup – both dropbox , mail and a local copy of your data secure from loss
  • Notifications – will make you never forget about the impending deadline expenditure
  • Widgets – will allow even easier to control the household budget
  • Pictures – take pictures of bills

Everything is fine. But, do you worry about the app size to have these features?

The app is surprisingly just 4.3 MBs

To date, the app has been downloaded by more than 500,000 users. The app is sitting in Playstore with a rating of 4.6 out of 5 having over 18,000 reviews.

Nice… I like it. It is simple but useful, if you dedicate the time you can see all your expenditures and income. I save 15% of my expenditures every month.

Review from a User of the App


The app provides a variety of filters in generating reports. Reporting features have been categorized into 3 different parts.

They are,

  • Expenses Reports
  • Income Reports
  • Other Reports
Income and Other Reports from Free Accounting app for small businesses
Income and Other Reports
Expense Reports from Accounting app income vs expenses
Expense Reports

Therefore, this can be recommended as one of the best accounting apps for self employed and anyone needing a free accounting app for their android device.

500,000+ users cannot be wrong.

Use it and Save for the Future. If this app is useful, please share this review with others and let them know you care.

Let us know what do you feel about this app


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