Daily expenses tracker system

ABSTARCT :

The web application “Expense Tracker” is developed to manage the daily expenses in a more efficient and manageable way. By using this application we can reduce the manual calculations of the daily expenses and keep track of the expenditure. In this application, user can provide his income to calculate his total expenses per day and these results will be stored for each user. The application has the provision to predict the income and expense for the manager using data mining. In this application, there are 3 logins such as admin, manager and staff. Admin has the privilege to add, edit, delete manager, add, edit, delete staff, and to get all custom reports. For Manager, the privileges are to add type of expense, verify expense, add type of income, verify income and generate reports. For staff, the privileges are to add and edit expense, income and calculations, and send for verifications.

EXISTING SYSTEM :

? In existing, we need to maintain the Excel sheets, CSV etc. files for the user daily and monthly expenses. ? In existing, there is no as such complete solution to keep a track of its daily expenditure easily. ? To do so a personas to keep a log in a diary or in a computer, also all the calculations needs to be done by the user which may sometimes results in errors leading to losses. ? The new system has overcome most of the limitations of the existing system and works according to the design specification given. The project what we have developed is work more efficient than the other income and expense tracker.

DISADVANTAGE :

? The developed systems dispense the problem and meet the needs of by providing reliable and comprehensive information. ? Module s are designed to be highly flexible so that any failure requirements can be easily added to the modules without facing many problems. ? Understanding how this money is being utilized across the project is such a significant issue. The consequence for not properly tracking and reporting project expenses may lead to a budgetary issues. ? There can be many disadvantages of using a manual accounting system. ? A manual accounting system requires you to understand the accounting process in a way that may be unnecessary with a computerized accounting system.

PROPOSED SYSTEM :

• This application allows users to maintain a digital automated diary. Each user will be required to register on the system at registration time, the user will be provided id, which will be used to maintain the record of each unique user. • Expense Tracker application which will keep a track of Income-Expense of a user on a day to day basis. • The best organizations have a way of tracking and handling these reimbursements. • This ideal practice guarantees that the expenses tracked are accurately and in a timely manner. From a company perspective, timely settlements of these expenses when tracked well will certainly boost employees' morale.

ADVANTAGE :

? The expense tracker will help any organization to deal with all their expenses more efficiently. There are several benefits and advantages of using online expense trackers, expense tracking makes any organization run faster and smoother. ? The modules are developed with efficient and also in an attractive manner. ? Effective expense tracking and reporting to avoid conflict. As a project manager or business owner, you can set clear policies for the expense types and reimbursement limits to avoid misunderstandings are about costs. ? An excellent reporting mechanism is extremely helpful to support the amount to be reimbursed to your team and also invoicing to your customer.