The Best Expense Tracker Apps of 2024 (2024)

Best Expense Tracker Apps

Best Expense Tracker Apps

We chose QuickBooks Accounting as the best expense tracking app for small businesses because users can send and track invoices and automatically track mileage. It also has a built-in photo tool to snap pictures of receipts—all on-the-go.

Owned by Intuit, QuickBooks is a leader in business accounting and bookkeeping. Its app helps small businesses track expenses, send invoices, and manage most financial aspects of a business.

QuickBooks Accounting offers a free 30-day trial with no credit card or commitment required. And, if you have QuickBooks online, the Accounting app is free. Otherwise, choose from a variety of plans starting at $7.50 per month.

Some popular features for small business owners include:

• Integrations with over 750 apps, like inventory management and advanced CRM
• Give your accountant access
• Customize invoices with your logo and business info
• Create and track invoices in multiple currencies
• Generate profit and loss reports
• Photograph receipts and attach them to expenses
• Track sales and customers on-the-go
• Categorize expenses
• Mileage tracking uses GPS without draining the battery
• Forecast cash flow over 90 days and use Envelopes to set aside money for business payroll and taxes
• Connect bank and credit card accounts to track revenue and expenses

The best expense tracker app for investors is Empower because you can view all of your investment and bank accounts in one app. It gives investment tools, advice, expense categorization, and helps you stay on top of upcoming bills.

Empower is a personal finance and wealth management company founded in 2009. This app is free and gives you a clear snapshot of your financial health.

If you have over $100,000 in investable assets, you’re eligible for advisory services with Empower. After linking your accounts, receive a free initial consultation with one of their financial advisors. Compared to similar companies, its annual fee for investment management is high. You will pay an annual fee of 0.89% if your assets are over under $1 million. If it’s over $1 million, your annual fee is 0.79% to 0.49% depending on the total assets.

This app is still beneficial if you don’t have $100,000 in investable assets, though. Take advantage of its investment management tools to link accounts, plan for retirement, set a budget, and see your cash flow. Each of these services is free with the app or its web interface.

When looking for an app for receipt saving, go with Expensify because its app automatically scans, reads, and imports receipt details for you. It also works great for travel—get trip reminders, flight delay notifications, and change notifications sent right to your phone.

Expensify is an app launched in 2008 meant specifically to manage receipts and expenses. It allows 25 scans per month for free, and beyond that, you’ll need a paid account. Pricing starts at $4.99 per month, or $9 per user per month if your company needs expense reporting, card management, approvals, and reimbursem*nts.

This app is targeted toward business users because it has tools to submit receipts directly to a manager or accountant. From there, they can approve or reject expenses right from the app. Expensify even offers a corporate Visa card and a corporate travel assistant.

Integrate accounting apps like QuickBooks, Xero, NetSuite, and Sage Intacct. Next-day reimbursem*nt is a favorite feature of Expensify because employees get their money back quickly.

One of the best features for international travelers is how Expensify works with global currencies and taxes. An app that’s globally compatible makes month-end closing seamless.

With Everlance, create an IRS-compliant mileage log and sync your bank accounts and credit cards for expense and receipt tracking. This app is particularly popular with those who are self-employed.

Founded in 2015, Everlance is an app designed to track mileage, expenses, and receipts. When you download the app, you automatically start a seven-day Premium trial. At the end of the trial, you’ll revert to a free account unless you choose to upgrade.

To track expenses, sync your credit cards and bank accounts. With one swipe, you can categorize business and personal expenses. For recurring expenses and transactions, users can set custom expense rules. With Everlance, tracking revenue is easy, too—even if you have income from multiple sources.

Everlance uses GPS technology to automatically chart your trips. However, you can also turn that feature off and manually track trips. While the app does advertise you can set it and forget it, user reviews suggest it’s best to double-check your trip is recorded, as GPS errors have caused the app to miss some trips.

There are three packages available with Everlance:

Why We Chose It

Pros and Cons

Overview