What are Some Different Types of Budgeting Software?
Budgeting software is a type of computer software used to help people manage their personal finances. The software keeps track of income, spending, banking, investment and credit. Budgeting software is one of the most popular types of productivity software offerings available. Budgeting software is also available for business use. However, budgeting functions are usually built into an accounting system, providing a wide range of functions, including payroll and account management. While these products are effective, they do not work well for personal use due to the fundamental difference in the activity. There are two major companies that offer personal budgeting software packages, Microsoft and Quicken. Both companies offer software designed to be installed on a home computer. The features available differ between the two products, but the core functions are the same. In the initial set-up, approximately 45 to 60 minutes is required to create your list of creditors, banks, employers a
