Category: Announcements

Track Your Spending With Ultimate Accuracy by Splitting

For a couple of months, the Toshl team has been working diligently on a new splitting feature for the Toshl Finance apps. We are introducing this functionality for people who enjoy having their finance under complete control. It’s now easy to split the total of any receipt into smaller parts in the Toshl apps and make the tracking of your expenses and incomes more precise.

The splitting functionality is very handy when it comes to managing the bills issued for multiple types of expenses. You can keep an eye on your costs and sort them better by adding different categories to the parts of the bills in Toshl apps. After visiting a grocery store, it’s easier to note your multiple types of expenses (e.g. cosmetics, accessories, food). Once the bill for this purchase comes in, you can find it in your Expenses, open it and click “Split”. In a couple of clicks, you will split it into different types of expenses adding relevant categories and tags. In this way, you could track all kinds of your expenses easily.

Splitting into categories and tags is especially convenient for Toshl Medici users who use an automatic bank connection, but it can be also used with manual financial accounts. Other than splitting into categories and tags, it can help you track your shared purchases, loans, refunds or cashbacks.

All in all, it will make tracking your spending more precise and easier.

The splitting feature is available for all Toshl users, no matter whether you’re on the free, Toshl Pro, or Toshl Medici plan.

To use it, just make sure that the Toshl Finance mobile app is updated to the latest version:

Toshl for Android (3.3)

Toshl for iOS (3.3)

The web app is of course always up to date. It also features a refreshed look, so it’s easier on the eye:

Toshl Web App for tablets and desktops

Want to learn more about the feature? Check out the splitting tutorials for Android, iOS and the Web App.


Just keep calm and trust the Toshl monsters. They will split your bills. With pleasure ;)

Posted in Announcements

January Novelties in The Toshl Apps

Platform improvements. These were either improved in all the Toshl apps, or on the server (backend) and thus automatically improve all the Toshl apps.

  • We greatly improved the reliability of detecting transfers between financial accounts. If you’re interested in how and what you can do to better note transfers, see the transfer matching blog post.
  • Detected transfers can also be un-matched into their expense and income constituent parts.
  • Semi-automatic bank connections, those that require an input of credentials whenever updating are now more clearly noted. All the apps now show a notice about this when connecting to the bank. A reminder notification to update the data each week is advised.
  • Expenses and incomes on automatic accounts can now be manually deleted.
  • We’ve increased the date range for which the transactions are available on about 400 bank connections.
  • Various minor reliability improvements on bank connections, to avoid duplicates, make sure entire descriptions of transactions are imported, balances show only the current balance instead of the total available etc.

Android

  • Planned expenses and incomes now show with dates on the list.
  • Customized pins on the location map (lollipops FTW!).

iOS

  • The “my financial month” setting is now available in the mobile app. With it, you can set your financial month to start on a different date than the calendar month. Tap the red month button in the right drawer to set it.

Web App

  • Transaction description previews are now shown directly on the expense and income lists.
  • Updated the report a bug widget, so it’s easier to report bugs or ask questions about specific data from the web app.

We also worked on major features coming in the future, added tons of other minor improvements and fixes, too numerous too list here. But when it all works well, you’ll know they’re there. 😉

Nothing stops us from keeping on improving.
Viježbamo p**** vam materina! (a little joke for all our ex-Yu friends)
Posted in Announcements, Development

Between Scylla and Charybdis: Why We’re Switching the Locations Feature Back to Foursquare

We’re switching the expense locations provider to Foursquare! Back to Foursquare, as it was before April. Don’t let the exclamation mark of the first sentence fool you, it is not one of excitement, rather of frustrated dread.

When making Toshl v2 a few years ago, we thought it would be a cool feature to add the location of the expense or income. Cooler still, with the help of a 3rd party service, we could even show and save the name and info of the exact venue, not just the coordinates.

For this to happen, we chose Foursquare. We used their apps, knew they had a pretty good database of crowdsourced venues and at the time, offered the venues API for free, even for commercial use. Through the years of use and user feedback, we discovered that the coverage could be somewhat patchy in certain countries, but worked well overall. Hell, it was free, save for the attribution and data about which places were the most frequented.

Then earlier this year, a Foursquare representative sent us an email, saying that they’ve changed the terms and now want to charge us the 750 $ (US) per month for location API access. We’re not against paying in principle, they do provide a useful service, but a bait and switch with going from 0 to 750 $ a month was a bit harsh. Especially for a feature that doesn’t represent the core of our service, but is rather a nice add-on for most people.

Therefore we resisted and checked out other providers. Google Places API was an obvious choice. While the quality of location data also varied a bit, the database of venues was very large and we knew Google was definitively committed to keep improving it substantially in the future.

So we added the switch of location providers on our to-do list, updated the backend systems, optimised how the results were fetched and displayed, changed the location provider logos in the apps and launched the new location system with Google’s results on 18th of April 2018.

While Google’s Places API was not free in theory, there was a cap beyond which they started charging. Essentially this made the service free for us, as we didn’t surpass those rather generous caps.

Then on May 3rd, the bomb hit. Google announced they were raising their API prices. By A LOT. You can imagine how happy we were.

We weren’t the only ones:

Insane, shocking, outrageous: Developers react to changes in Google Maps API

There was a 3-month transition period after June 3rd during which they offered some transitional credits to existing customers, but after this, our monthly bill would go from 0 to about 3000 $. Wonderful.

We had a few calls with Google representatives to see if something could be worked out, or if we had misunderstood something, but all we got was a “that’s unfortunate” and a $300 credit for other Google Cloud services.

We obviously looked at other location data providers like HERE, TomTom, Mapbox and others, but very few offer worldwide coverage and even when they do, it can be pretty patchy and imprecise.

Perhaps that’s also because during the last decade Google offered these location services below cost, thus stifling stronger competition that might have otherwise developed.

 

So long story short, the locations of your expenses and incomes in Toshl apps will again be provided by Foursquare. We apologise for any inconvenience that might have caused, as the locations on both platforms don’t always match completely. As you can probably tell from above, our choices were somewhat limited. We hope the location function will work well, consistently and hopefully without further pricing shocks in the future.

 

 

Posted in Announcements, Development

Keyboard Shortcuts (Web App)

When using Toshl Web App to record the latest expenses and monitor your personal finance, it is now possible to navigate through the functions quickly just by using your keyboard.

 

Keyboard shortcuts:

  • Keyboard shortcuts list  –  ?

General

  • Create a new expense  –  e
  • Create a new income  –  i
  • Create a new transfer  –  t
  • Move between fields  –  tab
  • Save  –  cmd / ctrl + s
  • Cancel action/close  –  esc

Time span

  • Move to my current financial month  –  m
  • Move to next month  –  n
  • Back to previous month  –  b
  • All time  –  
  • Display calendar year  –  2018, 2019, …

Notifications

  • Dismiss top notification  –  d t
  • Dismiss all notifications  –  d a

Navigation

  • Main screen  –  g m
  • Expense  –  g e
  • Incomes  –  g i
  • Planning  –  g p
  • Budgets  –  g b
  • Locations  –  g l

 

Check the list of shortcuts in the Web App at any time by selecting the link in the bottom left corner, or by pressing ? on your keyboard (combination of keys for this will depend on the keyboard settings on your computer).

 

 

Example: saving an expense using keyboard shortcuts

 

To create a new expense, press the e key. After opening the form, first enter the amount as usual. To move to the next field for the selection of a category, use the Tab key. To enter the desired category, begin typing its name and the list of suggestions will be brought up automatically. Navigate down the list with the arrow keys and confirm your selection by pressing enter.

Input the tags in the same way. You can of course add more than one, and confirm them by pressing enter. Move to the next field with the tab key again.

Don’t forget that it is possible to cancel any action, or close the form completely, by pressing the Esc key at any time. If you currently have the focus in any field, Esc will first move the focus out of the field. Second press of Esc will close the add entry form completely and discard the entered data.

When selecting the date of your expense, it is possible to simply input the day, month and year by typing in the numbers. Move left and right through the form with the arrow keys, and confirm your input by pressing enter.

Your expense is now ready to be saved, since all the required information – the amount, category and date – are set. Pressing the tab key again will move the selection onto the Save button, or you can simply use the shortcut Cmd / Ctrl + s.

To reveal the options to save additional information with your expense, press tab again and confirm the highlighted “Show more” option .

For the location details, browse through the list of suggestions or enter the details manually. Use this trick with a comma to simplify the search.

When you’re done, continue down the list, and confirm the expense input with the Save button or the Cmd / Ctrl + s shortcut.

 

Try using the rest of the shortcuts on your own, such as quickly navigating through the sections in the main menu, time spans, or switching through next or previous months with n and b. 

Where multiple keys are written with just space in between, for example g m, they can be pressed in rapid succession to activate. You don’t need to hold them simultaneously.

Where multiple keys are written with a + in between, for example Cmd / Ctrl + S, they need to be pressed simultaneously to work. Cmd means Command and is used on Macs, while the same shortcut is used with Ctrl (Control) on Windows.

 

Forms for incomes and transfer work the same way, and the option to set repeats, reminders and photos with expenses and incomes becomes available with Toshl Pro or Toshl Medici subscriptions.

 

When going through forms, Toshl monster is a true ninja – fast, efficient, deadly, and dressed all in black. It’s the new orange.

 

Posted in Announcements, Tutorials, Web App Tutorials

Toshl Medici Bank Connections Available in Canada

We are so sorry!

The Toshl team is proud to announce an expansion to our Toshl Medici service. We have added the Canadian banking system into the fold which means the Toshl Medici plan is available to our Canadian users as well!

This means we are currently providing seamless bank account integration to all of our US and Canadian based users with over nine thousand different banking institutions. And in accordance with a proud Canadian tradition – we are so sorry!

By connecting your bank or other financial service, like PayPal for example, you are able to track the expenses more precisely with less hassle. You can also add your account from selected cryptocurrency exchanges for that extra oomph or gentle heart-attack in the morning.

The Medici plan is free for a month, but if you want to join the family permanently, the plan monthly cost is 4,34 $CA or 3,33 $US. For more details, see the features and pricing of the Medici plan

89 Canadian financial institutions or types of financial accounts are available at launch. Log in on the web app to see the full list of available bank connections.

Some of the more popular options include:

Posted in Announcements