There are numerous reporting options available in the app as well as asset management and the ability to track stocks and shares. And if you're concerned about security, the SQLite data base is locked down with AES encryption.Īs long as you keep up with the ongoing maintenance and data entry relating to your spending and income, Money Manager Ex can give you an at-a-glance overview of the state of your finances. You just need to provide information about all of your banks accounts and so on, enter details of your bills and regular payments, and then keep the database up to date with your incomings and outgoings from moving forward. If you've already been using another financial program, or you've been using a spreadsheet to track your finances, you can speed up the process of getting Money Manager Ex setup by simply importing this data directly into the app. You will have to set aside some time to manually create the database in which Money Manager Ex will store all of your financial information, but this is very much a guided process it's a little on the time-consuming side, but it's certainly not difficult. The program is easy enough to use that it is suitable for everyday personal finance management, but it is also powerful enough to meet the needs of small businesses. There are various commercial offerings to choose from, but Money Manager Ex is a free, open source and cross-platform app that makes it easy to track spending, plan budget, monitor assets and generally manage your money. The trial continues before Justice Collin Lawrence Sequerah this afternoon.Although online banking has made it possible for all of us to gain far better insights into our finances than used to be possible, there's still very much a place for money management software. Najib, 70, is on trial for 25 charges in total - four for abuse of power that allegedly brought him financial benefit to the tune of RM2.28bil and 21 for money laundering involving the same amount of money. Yu: It did not strike me that someone would use the (then) prime minister’s account to do money laundering. Muhammad Shafee: It never crossed your mind that the transactions related to money laundering? Muhammad Shafee: You believed in Low completely? "We only did as instructed, to keep (Najib's) the account confidential," Yu said. Yu responded that the details had to be kept confidential since it involved the prime minister's bank account. The lawyer said that code names were often used by those engaging in money laundering and the bank should have been alerted by such behaviour. Low, whom the defence had contended to be the mastermind in the 1MDB scandal, had used "American Pie" to refer to US dollars and "Satays" for Malaysian ringgit in his chats with Yu in relation to Najib's accounts. Muhammad Shafee was asking Yu about the different code names that fugitive financier Low Taek Jho, or better known as Jho Low, had been using to signal different currencies. The prosecution witness said this during a cross-examination by Najib's lead counsel Tan Sri Muhammad Shafee Abdullah during the RM2.28bil 1Malaysia Development Bhd (1MDB) trial here on Tuesday (Feb 7). Joanna Yu, 51, who is the former relationship manager for Datuk Seri Najib Razak's accounts at AmBank, said it did not cross her mind that the transactions that were happening via Najib's bank accounts were related to money laundering. KUALA LUMPUR: It is implausible for a prime minister's bank account to be used for money laundering, the High Court heard.
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