Transactions: expense and income tracker

What it is

Transactions is the ledger in Lipi, a simple expense tracker and income tracker. It lists everything that moved: expenses, income and transfers between your accounts. A month strip sits on top, four totals sit under it, and the list below is grouped by day. Every entry is saved on your device first and synced when you are online.

What problem it solves

Money leaves from cash, a bank account, a wallet and a card. Without one list, you guess at the month. Transactions puts all of it in one place, in one list, with the day total beside each date. It also keeps non-spending outflows such as insurance or EMI principal out of the spending number, so the total means something.

How it works

1. Open Transactions from the sidebar. Pick a month from the strip. The cards show Spent, Earned, Net (earned minus spent) and Not counted.
2. Narrow the list. Use the account picker, the All / Spent / Earned / Transfers switch, the search box or Choose date range.
3. Add an entry with Add transaction (the green + on a phone). See Quick add.
4. Tap any row to open it. The editor opens with the amount, account, category, note and any bill you attached. Change what you need and Save, or Delete the row after confirming.

Details and rules

• Free plan: unlimited transactions. Only accounts (2) and custom categories (5) are limited. A locked account is read-only.
• Three buckets: spending (the default), excluded and tax. The editor switch Don’t count in reports puts a row in the excluded bucket. The API and AI assistants can also set tax.
• Offline: rows show Sync pending until uploaded. If the same row was changed on two devices you see Needs review. A failed upload shows Sync failed.
• Foreign currency: on a other account in another currency the editor shows Rate to your default currency. If no rate is saved for that day, you enter the rate you got, and Lipi keeps it on the row.
• Shared accounts: rows show who owns the account.
• Numbers: amounts are exact decimals, grouped in lakh and crore, for example Rs. 1,45,76,804.70.
• Dates: stored as normal calendar dates.
• Tags: the API accepts tags, but the app has no tag picker yet.

Example. In November you earn Rs. 85,000, spend Rs. 52,300 and pay Rs. 18,000 of loan principal marked as not counted. The cards read Earned 85,000, Spent 52,300, Net 32,700 and Not counted 18,000, so the spending figure is not inflated by the loan.

Works with

• Quick add: the fast entry sheet.
• Categories and spending intent: group spending.
• Search: find a transaction fast.
• Attachments and receipts: keep the bill with the row.
• Transfers: move money between accounts.
• CSV import: bring old data in.

Ask an AI assistant

Connect Lipi to an AI assistant and ask: “Add Rs. 450 for momo today from my cash account” or “How much did I spend on food last month?” The assistant uses the tools listed on this page.