We are happy to share our interview on News 9.

This video shows all the cool features that you can do with TECI. It is small, handy, cool to carry around!

Note: Currently the events are not live on our site. Once the event is live on the site, you will be able to create new events on TECI.

To see how to sync with the website please watch this video.

This video shows the first time use of TECI, how to enter expense on TECI and how it is transferred to the website. Click here to view the video on youtube.

With lot of questions on what features we would have in the future, we thought it will be a good idea to show a sneak peek of the future features  to our users. The following features will be rolled out one by one…

Notice the following:

1. There are 3 more tabs that will come up; Dashboard, Planning and Events.
2. Settings button on the top right (next to log off) will contain all the user profile (change password, etc)
3. Notice the “Edit” next to Category-wise spending -> this will help you edit and change your categories.
4. Notice the Expense Graph -> this will give you an overview of your expense
5. Reminders -> will help you pay your bills on time.
6. All the expense that are shared now will show up under “Who Owes me?” on the right. This will also have your “Reimbursement” expenses.
7. You can search by category, amount and also by different clients (website, mobile, TECI hardware).
8. Planning will contain different goals that will help you plan your future.
9. Events will be of two types, Shared and non shared. A shared event can be with friends, non shared event is your personal group expenditure.
10. Lastly the Dashboard will have overview of your income, expense, savings per month and some more graphs.

The reason we went live without completing all these features, is to learn and put the right features that users want. In the past 2 days we have already learnt a few more things from the users and have made notes of them. Please continue give us feedback on bugs as well as new features that you would like to have.

Couple of words on the TECI hardware:

The hardware device(TECI) has many advantages. It is the fastest way to make note of your expenditure and forget about it. The hardware remembers the date and time when the expense was made and you will be able to enter which category the expense belongs to.

It is a bi-directional device, i.e. when you sync with  your account, information from the website is transferred to the device and vice versa. Once our event feature is completed, let us say you add a new Event Eg: Goa trip with 5 friends. Once you create an event on the web and sync TECI, the TECI will show the event “Goa Trip” and also the names of all 5 friends. During the trip you can enter everyones expense and also their shares. Once you sync back, the system will inform everyone about the bill settlements.

So we are really excited to bring all these features! Hope you like them. Do follow our blog for more updates.

Folks, we are overwhelmed to announce that Track Every Coin has gone live on 12th July 2010!

Who is it for?

Track Every Coin is a personal finance product for anyone who finds a need to get organized with their money and analyze their financials.

We have identified two unique needs of our customers. The first kind of users are those who prefer TECI – a small electronic gadget and the second kind are those who have a smart phone for whom we have built a mobile application that can be downloaded from the ovi store. The mobile app is in its final leg of completion and will be launched shortly.

How does it work?

Track Every Coin comes with TECI, the desktop uploader and a website.

• TECI is a small electronic device handy to capture the expenses incurred on the go and can be bought online right away!
• The desktop uploader is used to sync these entries from the TECI to the website via USB.
• The website (www.trackeverycoin.com) is to analyze income, expenses and savings.

More More, we want More!

We’ll be continuously adding new features to the website and device, so stay tuned to this blog.

It has been a long journey to get to this point. We thank everyone for your support and appreciate for being patient. We have launched the alpha version of the website. So in case you encounter any issues, please let us know.

We will be more than happy to receive your feedback about track every coin.

Get your TECI now and sign up for free at www.trackeverycoin.com

And yes … Now Never Lose Track of your Money!

We have completed the manufacturing of our PCBs (Printed Circuit Boards). We are working with our partner Micron EMS, who are into Electronic Manufacturing Services. The process of putting the components together is fascinating. We thought we will show you the process.

Here is a small video showing how the components are placed together…

All components are surface mounted and some of them are as small as 1.00 mm by 0.5 mm. The robot picks up the components and places them at the right place and it does it with great precision.

After all the components are placed they are soldered using a wave soldering machine. Here are the PCBs placed after soldering.

After soldering of the components these PCBs will be tested and assembled.

Hope you enjoyed watching the video. We thought it was quite cool.

I believe that building a product is like building your dream home. You take atmost care in laying out the essentials, chalking out the must-haves, drawing the blue print of the architecture, bricking the house to designing the interiors that makes a cozy home.

Similarly, at IONLAB, we have made sure Track Every Coin is on par with any internationally acclaimed consumer electronic goods and has features that cater to the needs of all of us. Despite the delays and little setbacks we have now been able to put two and two together. We present you the final prototype of our much anticipated hardware device – Track Every Coin, nicknamed TECI

With the holiday season kicking in, this is normally the time you get to spend some time with your family reflecting on the good moments of 2009. We decided to retrospect and bring to you the highlights at Ionlab and the making of TrackEveryCoin, a project we have put our hearts and souls into.

January 2009: Prototype breadboards were converted to PCB designs

February 2009: Researched and begun sourcing components from various suppliers (LCD, Micro-controller, USB etc) from Singapore, China and India

March 2009: Changed LCD module to work at low voltage, Started talks with manufacturers, CAD designing, and completed Low level drivers for the hardware.

April 2009: New hardware version released (low power micro controller), Ported low level drivers for the new micro controller, Started design work on website.

May 2009: Sourcing of hardware components, Hardware design frozen for CAD designs, Trackeverycoin pre-launch website, www.ionlab.in website launched.

June 2009: Local source for LCD modules found, Identified manufacturing service, Base design for mobile application.

July 2009: PCB design for production complete, Placed production order for microcontroller and other components.

August 2009: Application software testing on production hardware, base version of CAD design ready. Website architecture design in place.

September 2009: PCB fabrication complete, received the first plastic prototype, testing different versions of mobile application.

October 2009: Identified packaging people, button sticker people, Microcontroller and other components arrives, second and third prototype of plastics arrives, Front end UI of website frozen, Mobile navigation simplified.

Noverber 2009: Application software bug fixes, Manufacturing plant software released, Desktop software (used to upload hardware data to website) is complete (testing in progress). Completed user manual for hardware.

December 2009: Integration of website backend and frontend started, Received the final prototype (shown above), we are tooling ready, Mobile application testing in progress, Desktop software released.

Next couple of milestones:

• Production of hardware
• Tooling of device and production
• Packaging
• Mobile application launch
• Alpha/beta testing of website
• Launch of hardware

Much appreciate your comments and feedback! A fantastic 2010 to all of you. Thank you for following our blog and cheering us thru 2009.