Easy Life Professional / Product Features / Funds Flow & Loan Management

Funds Flow & Loan Management

Personal finance management requires keeping track of all cash flows – inflow and outflow, on account of any transaction. Easy Life® provides such comprehensive personal finance management. Apart from covering funds flow on account of all investments in financial markets, assured return investments, real estate, jewellery and precious metals, Easy Life® helps you manage funds flow on account of:

• Income
• Expenses
• Sale or purchase of assets
• Borrowed loans: Housing loan, vehicle loan or any other borrowed loans with period, loan amount and interest, including computation of capital and interest in each EMI

Easy Life® has a unique concept of “plan entries”, which get generated when you enter details of an investment. For example, when you create a record for a life insurance policy, Easy Life® creates plan entries for each premium payment, money back and policy maturity. Plan entries help provide timely reminders. Also, when you enter receipts or payments against specific investments or borrowings, you can “square off” the plan entries, after which software stops reminding for such receipts or payments. Easy Life® also allows you to prepare budget, and this process automatically includes all cash flows likely to take place based on plan entries.

A “Simple Payment Entry” form is provided specifically for new users at home, who may wish to enter and track all household expenses. Thus, a housewife can analyze where the money is being spent on monthly basis.

Thus, Easy Life® helps you manage all your cash flows making it comprehensive personal finance software.