Categorized | Announcements, TECI Features

Net Savings

Posted on 13 March 2012 by Vikram

Track Every Coin now displays “Net Savings” of an account.

What is Net Savings? 

Net Savings is the unspent money from every month in the your account. It should ideally reflect your bank balance if all the card and cash expenses are captured.

Why is my Net Savings showing a negative value despite having entered my Income?

Original – Why is my Net Savings negative when my Income is not? 

Since net savings is the sum of all the savings over months, if you have spent more than your income in most of the previous months, then net savings will be negative.

Firstly, we allow users to add expenses without adding any income which can cause “Net Savings” to go negative.

Secondly, the negative savings can also reflect your credit expenses.

What is the best way to use Net Savings? 

Check your bank account and make sure your net savings is on par with your bank balance. This will be a one time effort and if you continue to track all your income types (salary, bonus, share trading etc) and expense types (cash, credit-card, insurance etc ) your “Net Savings” will always reflect your bank account.

Hope you enjoy this feature as much as we enjoyed bringing this to you.




  • At 2012.05.19 13:45, Anantha said:

    Any option to add expenses in bulk or by import option?.
    This would to add previous expenses

    • At 2012.05.31 18:56, Vikram said:

      We currently do not have an option for bulk import. This feature is in our road map and we will be implementing it soon.

    • At 2012.06.01 15:49, Gokul said:

      IWe have anything download option like PDF, Document,Excel etc???

    • At 2012.06.11 10:14, Grace said:

      For re-occurring expenses (income), it would be nice to have a begin and end period, not open end like it is now. Also, sub expense (income) accounts would be helpful. Thanks.

      • At 2012.07.08 10:29, Vikram said:

        Thanks for the feedback. We have noted down this feature and will implement it in future.

      • At 2012.07.03 11:22, Parag Rodrigues said:

        Why we are not able to set Budget option. I mean initaitlly I set it it to cetain amount but later on again the Budget options gets set to “ZERO”.

        aSIDE, THE LINE GRAPH DO NOT EXIST ONCE the expense gets reflected for more than 1 page.
        Sucg graphical presentation are esential.
        Another thing to be retivief :-

        Unable t ocheck the graph (in fromnt screen” for :-

        1) Expense Vs Savings
        2) Income Vs Expenses

        Appreciate if this is also taken care.

        Overall, this is good tol to track every single penny. Thanks a ton.
        This apps has made me to keep note of every expense.

        Thanks a ton !!!!

        • At 2012.07.08 10:18, Vikram said:

          Once a budget is set the same budget continues for the next month unless it is changed again. How ever if there is no income in the system, the budget shows as 0 for that month. As soon as an income is added, your budget shows up again.

          Dashboard graphs issues could be a browser issue. Do try it with either chrome or firefox.

          Thanks for your feedback. Feel free to contact us if you have more questions.

        • At 2012.07.05 16:39, Raghavendra said:

          Hi ,
          I want to delete the net saving data coz it is wrong . how do i do that?

          • At 2012.07.08 10:12, Vikram said:

            Net savings is the difference of total income in your account minus total expenses in your account. If you have missed out adding either income or expense, your net savings might not tally.

            Tip: To match your net savings you can add an offset income / expense to ensure you net savings is matched.

          • At 2012.07.11 01:33, Abhisek Nag said:

            I just started using TEC today. I find it awesome. I have been using Billmonk for quite sometime and i think now its time for a switch. I really feel proud to see a fellow countrymen doing such a good work.

            A couple of observations to make it more robust.
            1. It is extremely good for tracking personal expenses. However need more features if it is to be used for expense sharing.
            2. While adding an expense, in the drop-down the last value should be defaulted..i understand that you try to give the user the choice in the “edit categories” where the sort order can be set. But the drop-down does not allow to operate from keyboard.
            3. Also, for someone migrating into this site, in the middle of a month and trying to key in the expenses incurred so far, it is not so user-friendly.
            3. The date and time option is good,but i feel it kind of becomes boring when i don’t want to waste time in tracking the options by time. So a defaulted 12:00 is a better option rather than the current time according to my opinion.
            4. Also a quick entry option should be there, where one doesn’t need to navigate to the respective tabs to enter the details on expense/income head.(i added entries using the web version).
            5.I’m not sure how the bill reminder works, as i just added a few reminders, yet to see them in action. However, i’m just wondering why the amount in a reminder setup. When it actually reminds on the particular day, then it should ask for the amount.

            Thanks again. Feel free to reach out to me if you need any more clarity on my observation. I’m sure your constantly developing and the points i mentioned might be well taken care of. And I’m sorry if i’ve been too much critical about it.


            • At 2012.07.11 23:29, Vikram said:

              Thanks for all your wonderful feedback and nice words. It means a lot to us.

              We have been continuously improving with customers’ feedback. We have noted down all your comments and will try to implement as much as possible.

              Thanks once again.

              • At 2012.07.15 11:34, Abhisek Nag said:


                You’re most welcome.

                Few more things for you..
                1. Today after two days when i logged in to the site, it showed the budget being reset to 0, which i had previously set. Now i just noticed that the budget value is not getting saved at all.The field gets refreshed.

                2. The sync seems not to be working. The desktop app doesn’t show up what’s there in the site.I’m not sure if its 1-way sync, which would make no-sense.
                3. For the page where new phones are being added, there should be way to get updated about the new phones being added.


                • At 2012.08.04 14:38, Vikram said:

                  1. Let us know the browser you are using. We have seen some issues with IE. Budget works just fine with google chrome or mozilla firefox. Do try it on these browsers and let us know if you still face this problem.

                  2. Yes, the desktop sync is a one way sync as of now. We plan to add a dual sync to it in future.

                  3. This is a good feedback. We will try to optimize the page. Not sure if you have tried our mobile web: Visit from your phone’s browser.

            • At 2012.07.27 13:37, K.HARIKRISHNA said:

              I was unable to delete older data in Expenditure sheet.Please let me know how can i delete?

              • At 2012.08.04 14:40, Vikram said:

                You should be able to delete older expenses. Let us know on which browser have you faced this issue.

                Do try the same on Google chrome or Mozilla firefox and let us know if you face the same issue.

              • At 2012.08.01 05:10, Sathish said:


                Today i find your App and i thought i can give it a try. I like the app.

                I have entered the income and couple of expenses, but later adding couple of categories, income and expenses are not listed in their section but i can able to see it in dashboard charts. And thermometer is also not showing any indication.

                Could please let me know, is any thing i’m making mistake.

                • At 2012.08.04 14:49, Vikram said:

                  In case you have entered your income / expense on a previous date, it is added to the system but might not be visible in the current view.

                  This is because the default view of expense / income is current month. You can change your view by selecting the date range. Try selecting “Year” current year or the year to which you have added the expense and click on “Go”.

                  Let us know if the expense / income are now displayed.

                  Feel free to contact us if you have more questions.

                • At 2012.08.01 12:11, K.HARIKRISHNA said:

                  Some times Add expense and Add Income is not functioning.And still iam unable to delted older data in my expenditure sheet.

                  And shared expenses after sending mail it is disappearing,And also please let me know is there any chance to see the sent mails

                  Please help


                  • At 2012.08.04 14:55, Vikram said:

                    Let us know the browser you have been using. Please try the same on google chrome or mozilla firefox and let us know if you face the same issue.

                    Also let us know the error message you are seeing.

                    Shared expense emails will be the same as what you see in the overlay (read more here:

                    Once you click on the “Tick mark” next to the email icon, the amount will be marked as money received and you will not be able to see it in the list again.

                    To bring back the who owes me expense, edit the original expense you have added, and save it again.

                    Hope this helps.

                    • At 2012.08.06 10:31, K.HARIKRISHNA said:


                      With Google Chorme it is working….

                  • At 2013.01.05 13:33, Madhur said:

                    How can i use the Budget Feature ? Whenever I am entering any amount in Edit Budget, it becomes 0 automatically.

                    • At 2013.01.07 10:20, Vikram said:

                      To use the budget feature there has to be income added. Once you add an income for a month, you can set a budget for yourself as a guideline for spending.

                      You budget cannot be more than your income.

                      Hope this helps.

                    • At 2013.01.07 09:20, Nitish said:

                      Can you please explain me how to add data into “Who Owe Me” column?

                    • At 2013.01.24 16:47, nayeem said:

                      first of all great work on the site loved it! i am using google chrome however i am not able to save the budget option…its getting reset to zero…

                      • At 2013.01.25 10:17, Vikram said:

                        Thanks for contacting us. Couple of things to note for the budget. You will have to enter an income to set a budget. Your budget cannot be greater than your income. Let us know if this works.

                      • At 2013.01.25 23:28, Jini said:

                        Good tool and more useful. One suggestion is to have sub-categories under each category to save time

                        • At 2013.02.11 11:44, Vikram said:

                          Thanks for the feedback. We have noted this down and will put it in our road map.

                        • At 2013.02.08 13:13, Hari said:

                          I had used TEC a year back. I have again started using it now. My net saving shows greater then my earning at present cos i presume it is picking the earlier updated saving. How do I delete the old data and start afresh.

                          • At 2013.02.11 14:43, Vikram said:

                            Thanks for contacting us. You can delete your old data by selecting the date range, press Go. This will update the expense grid. Now select these expenses that you want to delete and click on the delete button. This process is a little long, but this is the only way to do it. In case you would like to offset your “Net Savings” with out deleting your previous entries, you can add a large expense to previous month to make your Net savings as zero. That way all your unknown expenses are also covered.

                            Hope this helps.

                          • At 2013.02.20 23:16, Hari said:

                            I don’t seem to understand your logic of including Investements under expenses and have another net savings. I realised that Investements is under expenses and my budget went for a toss.I don’t think this representation is correct.

                            • At 2013.02.28 10:09, Vikram said:

                              Hey Hari. Not sure if we completely follow your doubt. Do elaborate more so that we can clarify. The thermometer on top is available on all tabs of Track Every Coin

                              Anyways we look forward for your reply.

                            • At 2013.02.21 16:40, Ganesh said:

                              Very nice “cross-platform” application. After trying out about 5 money manager tools, finally I am happy with this app.
                              After going through several other tools and this tool, I felt this tool would need few more features to make it a complete and great finance tool:
                              – It would be nice when adding an expense, it gives an option of “from which income source” the money is spent. and gets automatically deducted from that income source once we add the expense.
                              – It would also be nice if tool comes with another feature of “transfer of money between income sources”. This is not an expense. But would really help those people who do account transfer between their own different bank accounts. If such a feature is present, then we can exactly keep a track of money going out and in from every account. (Basically I am talking about the feature of account transfers seen in various other tools)

                              Except the above 2 features, I guess it has all other features which other finance tools could provide (off course more than that. Because “event” tab is a creative, helpful and new feature which I found nowhere else!!). Would like to again thank you for developing a nice, user friendly app.

                              Best regards,

                              • At 2013.02.28 09:53, Vikram said:

                                Thanks for your feedback and appreciation. It means a lot to us.

                                We have noted down your feedback in our product road map and will figure out how to implement this along with other feedback.

                                Keep your feedback coming.


                              • At 2013.03.05 21:54, Goutam said:

                                Hey, TEC is great, Loving it…
                                But how to use “goal”? It Doesnot Sync with the web version!! So after adding amount in “goal” the savings amount does not match with web.

                                • At 2013.03.07 02:48, Vikram said:

                                  Thanks for contacting us. Let us know where are you seeing goal option?

                                • At 2013.03.08 12:32, Pavan said:

                                  hey.. how to edit or modify or delete a particular row in
                                  “I owe” or “who owes me”.. PLease suggest

                                  • At 2013.06.08 01:40, Vikram said:

                                    Mouse hover on the row and you will see more options. You can mark them as complete or email the list to someone.

                                  • At 2013.03.09 23:50, Goutam said:

                                    I am Using TEC in my NOKIA N79. the mobile app for S60 has an option to add goal. but in web version there is no goal option! So, if i add amount in goal it is not sync with web and the savings amount doesn’t match.

                                    The event option in S60 version doesn’t sync with web either!

                                    Your Desktop top version is good, but i am not going to use it until it is a both way sync.

                                    • At 2013.06.08 01:59, Vikram said:

                                      Hey Goutam… unfortunately we developed the nokia application way before our website was ready. That is why goals and events do not sync with the website.

                                      Best thing to do is, bookmark and visit the mobile site as it is up to date and it will render well on the nokia phone.

                                      Hope this helps.

                                    • At 2013.05.28 21:51, Yan said:

                                      Hi, thanks to TEC! I’m lovin’ it the first time I used it.
                                      Just one question/suggestion, instead of net savings, can you have an option for a savings tab? For instance, I need to track a savings that is debited automatically from my bank so if I put it in expense, it won’t be counted as savings and it will show my net savings as incorrect. Looking forward to more improvements along the way 🙂

                                      • At 2013.06.08 02:20, Vikram said:

                                        Thanks for your comment. Best way to handle this would be not enter all your debits/credits, but only your expenses/income in Track Every Coin. That way your net savings will be very accurate.

                                        Hope this helps.

                                      • At 2013.08.01 19:59, shahabazanwarshaikh said:

                                        How can i delete all the stuff i added in my account and then can start a fresh new thing as if all the things are messed up cos i havent used it for a while and now the net savings shows an amount which i never had so please let me know how to reset my account and start from 0

                                        • At 2013.09.03 03:23, Vikram said:

                                          If you are sure that you do not need any data on your account, we can delete your account. After which you can signup again, thereby giving you a fresh start.

                                          Alternatively, feel free to signup with a new email ID.

                                          Anyways, send us a note if you opt for option 1. contact(at)

                                        • At 2013.08.06 20:15, Shahnoz said:

                                          I can’t find the desktop application online, it has the mobile one, but not desktop. Can you please, send me the full link.

                                          Thank you

                                          • At 2013.09.03 03:11, Vikram said:

                                            We are moving away from the desktop application. We no longer support it. Track Every Coin has lot more features and we recommend all our users to use the website and mobile application.

                                          • At 2013.08.29 10:07, Vahid said:

                                            Hi Vikram,
                                            Good work with TEC. I started using it yesterday after looking for several days at other option like Mint, various excel templates, a couple of iphone apps, etc. Finally I found TEC via
                                            One feedback I wanted to share was adding of budget categories. The categories should be the same as the expense categories and sync whenever new categories are added. If it is available now I cant find it.
                                            This would also help in checking individual budget categories vs the corresponding expenses and would help in managing finances better.

                                            Thanks a lot. Best of luck for the future.

                                            • At 2013.09.02 02:48, Vikram said:

                                              Thanks Vahid for the feedback and testimony.

                                              Yes, that is a good idea. We currently have an overall budget for an account per month. It will be nice to have it based on categories. We have noted down this feature request and will consider it in our product road map.

                                              Thanks once again and feel free to contact us if you have more questions.

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