![]() Users can use optical character recognition (OCR) technology to scan a cash receipt and fetch the transaction information, including the date, retailer, and amount paid. Receipt Scanning: Some budgeting apps, like Money Dashboard, provide receipt scanning features that are helpful for keeping track of physical cash transactions. For example: Monzo Bank offers this feature. The app users can set up a cash account, much like setting up a bank account so that monetary transactions can be accurately tracked and classified. Users can input the amount spent, the category of the expense, and any additional transaction-related remarks.Ĭash Accounts: Users may create separate accounts to manage their physical currency. Manual Entry: Most budgeting apps, like YNAB and Starling Bank, let users manually enter transactions, making it easy to track actual cash transactions. The following are some tips for using real money in budgeting apps: When real money is incorporated into budgeting software, there are several ways to monitor and control cash transactions.
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