- Free Financial Budgeting Planning Software - Chen Nanyang
Financial budgeting software usually integrates the functions of budgeting, planning, forecasting, consolidation, and financial reporting. It can help a company streamline the budgeting process, enables comparison between budget and actual costs, and generates reports that cover income statement, balance sheet and cash flow.
Financial budgeting software can be desktop application or online service. Commercial budgeting software could be priced at hundreds of US dollars. On the other hand, there are a lot of kinds of free budgeting applications or free online services available on the internet for individuals and businesses.
Best Free Online Financial Budgeting Forecasting and Planning Software for Family and Home Users
Online web based financial budgeting solutions are convenient when internet access is available. Many financial or software companies provide free online web based financial budgeting, forecasting and planning services to attract customers. For example, Mint.com is an excellent online home budget solution provided by a software company. This web based budgeting software system integrates three functional modules and features for financial budgeting:
- Create a budget – Mint.com can easily help a user calculate average spending in each category he or she set, and turn the spending into a budget.
- Meet saving goals – Mint.com can help a user plan for regular payment such as tuition and auto insurance according to his or her regular saving and irregular income.
- Evaluate saving or spending decisions – Mint.com can help a user know how a spending or saving decision will affect how much money he or she has left at the end of the month or the year.
Likewise, another web site Budget5000.com also provides a free personal budgeting tool for planning personal budget and tracking spending. It can also help a user evaluate personal finance decisions and find out if he or she is sticking to the planned budget.
Best Free Desktop Financial Budgeting Forecasting and Planning Software for Small Businesses
Some users may prefer desktop software. But free desktop financial budgeting and planning software is getting scarce these days, especially after commercial software companies stopped providing their free financial budgeting software one by one. For example, Microsoft stopped distributing its financial budgeting system Office Accounting Express in late 2009.
But users can still get these software systems from freeware download web sites. For example, the free Office Accounting Express is still available for download in freewarefiles.com and other some freeware web sites.
Sometimes other free accounting software could be very helpful for financial budgeting and planning. See more in the related article Best Free Personal Accounting Software Review: Simple Small Business Accounting Program Download.
Free financial budget management software may be not mature enough for large companies. But they provide perfect free budgeting solutions for family, personal users, and some small business owners.
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Chen Nanyang - Chen Nanyang's journalist career began in 2002 when he started writing for China's Nanfang City News, Singapore's United Morning Post and ...
