Category: Announcements

Ready. Set a Start Date for Bank Account Connections. Go!

With Toshl Medici, you can connect your bank account to Toshl and make it easier to track your finances and budget. Sometimes though, it’s useful to limit the span of the transactions that are imported. Perhaps you’ve decided to wipe the slate clean with a New Year’s resolution and only track your finances properly from the January 1st onward. Or perhaps you tracked that financial account manually earlier and want to avoid the duplication of data.

In any case, you can now precisely set how much data to import when connecting a bank or other financial account.

While the images presented here are from the Toshl Finance web app, this works the same way in the Android and iOS apps.

After you have connected your account, you’ll be presented with these options.Bank import time span options

By default, Toshl will import all available past data. From how far back the data can be imported will differ from bank to bank. With most bank connections up to 18 months of data is available, while some are limited to a few weeks.

You can also import from today on, or from a specific date of your choosing. Pick the date on the calendar, click Finish and you’re all done.

import date pickerYour fresh financial year can now begin in earnest…

monster treadmill…and the Toshl monsters will be here to remind you of your other New Year’s resolutions once in a while as well. ?

Posted in Announcements, Tips & Tricks, Tutorials

Track Your Cryptocurrency Assets on Bitstamp, Bitfinex and Coinbase with Toshl

Tracking all your Bitcoin, Ethereum, Litecoin and other assets on cryptocurrency exchanges just got a whole lot easier. Toshl can now automatically connect to Bitstamp, Bitfinex and Coinbase exchanges. With these integrations, your crypto accounts can be automatically uploaded with latest balances, as well as individual transactions.

 

You’ll always see the crypto value side-by-side with the current value in your main currency, which is likely the one you’re most used to thinking in.

This applies both to the account balances as well as the prices of individual transactions. So there’s no need to search for “BTC to USD” conversions and manual calculations. You’ll see the exact price for all your assets right next to your account.

 

How to connect to the cryptocurrency exchange?

Setting up the connection to a cryptocurrency exchange is very similar to any other bank connection in Toshl. Go to the Bank connections section and click “New bank connection“.

You can then search for an individual exchange or click the country dropdown on the top right and select “Multiple countries”. All the crypto exchanges will be listed there.

Choosing crypto exchanges to connect to

 

Once you select the exchange you wish to connect, you’ll need to enter your credentials. With Coinbase, you’ll be redirected to their website where you can log in and confirm the connection.

With Bitstamp and Bitfinex, you will first need to create an API key on their respective websites. More detailed instructions on how to create the API key are available on the Toshl connection page. It’s a few extra clicks, but quite easy to do. The API key is there to enable the automatic connection without Toshl ever having to know your account password, which adds an extra layer of security.

Bitfinex log in

Once you’ve entered the required info, you can select how much data you want to import from the cryptocurrency exchange. You can get all the past data, data from a specific date onward or from now on. With Coinbase, you can select this after the credentials are verified.

Then just click Connect.

All done! Toshl will now download the data and show it in Toshl. Don’t forget you can set a filter to only see data from particular financial accounts or categories.

 

Tracking assets in crypto wallets

While tracking the assets in your crypto wallets is not available yet, you can also track them manually using a normal financial account in Toshl. Make a new manual financial account in Toshl, choose the currency the account will be denominated in and the current balance. You can then add transfers or incomes and expenses to that account.

If you often transfer money from your exchange accounts to your crypto wallet, Toshl can half-automate this for you. The transfer will likely be automatically detected on your exchange account and will just be missing info about the part of the transfer in your wallet. Go to Bank connnections, click on “Review entries” on your crypto exchange connection. There, you can confirm which incomes and expenses are really transfers and Toshl will offer to automatically fill in the manual portion of the transfer on your wallet account, so you can sort it all out in 2 clicks.

 

Currencies and exchange rates

The exchange rates for entries and balances on the connected accounts are fetched from the particular cryptocurrency exchange you’re using.

If you’re adding a cryptocurrency entry to a manual account that isn’t connected to an exchange, Toshl will suggest a middle rate for the currency. You can also enter a completely custom exchange rate, if you so prefer.

We’ve also added support and fresh exchange rates for 35 new crypto currencies. Together with the previous additions of currencies in February and July 2017 this brings the total count to 55.

 

Latest cryptocurrency additions

Rates for these are provided by Bitfinex.

 

Ethereum Classic (ETC)

Recovery Right Tokens (RRT)

Zcash (ZEC)

CST Core (BCC)

CST Unlimited (BCU)

Iota (IOTA)

EOS

Santiment (SAN)

OmiseGO (OMG)

Bitcoin cash (BCH)

NEO

ETP

Qtum (QTUM)

BG1 (BT1)

BG2 (BT2)

Aventus (AVT)

Eidoo (EDO)

BTG

Streamr (DATA)

QASH

AidCoin (AID)

Basic Attention Token (BAT)

aelf (ELF)

FunFair (FUN)

Decentraland (MNA)

Ethfinex Nectar Token (NEC)

RCN

Augur (REP)

iExec (RLC)

SingularDTV (SNG)

SpankChain (SPK)

Time New Bank (TNB)

TRON (TRX)

YOYOW (YYW)

0x (ZRX)

 

 

List of cryptocurrencies available in Toshl

February 2018, alphabetical, all currencies are updated with latest exchange rates

 

0x (ZRX)
aelf (ELF)
AidCoin (AID)
Augur (REP)
Aventus (AVT)
Basic Attention Token (BAT)
BG1 (BT1)
BG2 (BT2)
Bitcoin (BTC)
Bitcoin cash (BCH)
BitShares (BTS)
BTG
CST Core (BCC)
CST Unlimited (BCU)
Dash (DASH)
Decentraland (MNA)
DogeCoin (DOGE)
EarthCoin (EAC)
Eidoo (EDO)
Emercoin (EMC)
EOS
Ethereum (ETH)
Ethereum Classic (ETC)
Ethfinex Nectar Token (NEC)
ETP
Factom (FCT)
Feathercoin (FTC)
FunFair (FUN)
iExec (RLC)
Iota (IOTA)
LindenDollar
LiteCoin (LTC)
Monero (XMR)
Namecoin (NMC)
NEO
NovaCoin (NVC)
Nxt (NXT)
OmiseGO (OMG)
Peercoin (PPC)
Primecoin (XPM)
QASH
Qtum (QTUM)
RCN
Recovery Right Tokens (RRT)
Ripple (XRP)
Santiment (SAN)
SingularDTV (SNG)
SpankChain (SPK)
Stellar (STR)
Streamr (DATA)
Time New Bank (TNB)
TRON (TRX)
VertCoin (VTC)
YOYOW (YYW)
Zcash (ZEC)

 

Toshl Medici

The Toshl Medici subscription plan is required to automatically connect Toshl to financial institutions. Medici also enables automatic connections to banks in the Unites States, with more than 9000 connections available. We’re working on adding more bank and financial service connections worldwide.

Medici badge

 

Update 26. 2. 2018: Updated the post with 15 more currencies that were subsequently added.

Posted in Announcements, Personal finance, Tips & Tricks, Tutorials

Matching credit card expenses with Foursquare venues

We’re constantly making improvements to the Toshl services. Lots of them aren’t full blown features on their own, but come very useful when they show up.

For example, we recently added matching of expense locations that come in automatically through your bank connections to Foursquare venues.

When your credit card spending data comes into Toshl, an exact location can be determined based on the expense description. It won’t work for all expenses, but it should in a lot of cases.

Until recently, only the coordinates were added so you could see the map on the expense details. Now these coordinates automatically match to a Foursquare venue, so you have more detailed data about the place. These expenses can now also show up on the expense locations map in Toshl apps.

Better still, these expenses are now also summed up for an individual venue, so you’ll know exactly how much you spent at your favorite coffee shop or grocery store.

expense with location - una pizza napoletana

Here’s how it can look like when the expense location is matched. If you’re ever around, it’s the pizza to try in San Francisco.

 

That’s how the matching happens when using the Toshl Medici plan with automatic bank connections. Naturally, you can also add locations to the expenses you enter manually or to those which haven’t been determined automatically.

Posted in Announcements

The origins of Toshl Medici

Medici is the title of the most powerful subscription plan in Toshl. It includes all the features that the Toshl Pro and free plan include and adds the capability to automatically connect to banks, credit cards and various types of financial accounts.

 

Why is it called Medici?

The name of the Toshl Medici plan comes from the House of Medici. The Medici were an enormously influential family during the Renaissance. They were centred around Florence (Firenze), Tuscany in today’s Italy, but their influence was felt far wider across Europe.

The accomplishments of the family and its notable members are far too numerous for them all to be listed here. Aside from ruling several city states and duchies, being patrons to prominent artists such as Leonardo da Vinci, Michelangelo Buonarroti and Sandro Botticelli, spawning no less than 4 popes, they were also the people who helped shaped banking as we know it today.

Through the Medici Bank, they provided liquidity for commerce, grand projects and acted as bankers for the royals of Europe. The Medici Bank also introduced financial technology novel at the time, like double-entry bookkeeping, bills of exchange and a decentralised system of partnerships. It was a banking institution, powerful unlike any other of its time.

Taking all this into account, they seemed more than an appropriate inspiration for our banking related developments at Toshl.Toshl-Medici family FirenzeThe Medici family have thus joined the Toshl monster family in their somewhat abstract from. From left to right, meet: Giuliano de’ Medici, Leopoldo de’ MediciLorenzo I. de’ Medici and Caterina de’ Medici .

 

Festina lente.

Posted in Announcements

Toshl 3.0 and Toshl Medici can make your credit card spending just fly in

Toshl can now automatically import data from your credit card, bank or other financial service. Just spend with your card, PayPal or make a bank transfer – the transactions will automatically be imported, categorised and offer some much needed clarity to your finances.

All you need to do is connect your bank, card or other financial service in the Toshl app and off you go. Toshl will import your available past transactions as well as automatically add entries as you spend from then on.

Toshl Medici bank connections on iOS

Of course, you can still enter data as you have so far. Enter your cash purchases quickly in our Android, iOS and web apps, or import in batch from a file in the web app.

 

Pricing

The new automatic connections with banks are available with Toshl Medici.

Medici is a new, most powerful subscription tier in Toshl. It includes all the features that the free and Pro plans include, plus adds the ability to automatically import transactions from your financial services. It costs $4,99 per month when charged monthly or $3,33 per month when charged yearly.

Detailed pricing & features

 

Availability

The bank connections are currently available with US financial institutions. Almost any US bank or credit card works as more than 9000 different connections are available.

Check out the full list of supported financial institutions (log in required)

 

We don’t plan to stop there and will expand the offer to many more countries and financial institutions in the future. Aside from covering the world’s established banks, we’ll also expand to more new and innovative financial services. Today, we’re starting with support for automatic connections with the Bitstamp currency exchange, which you can already connect.

 

You might be wondering, why is it called “Medici”? The answer is but a click away.

 

Toshl 3.0 isn’t only about bank connections. We’ve added lots of other useful improvements as well:

 

Easier balance reconciliation for manual financial accounts

No more manual calculations required. Now, you just edit a financial account, enter the account balance you’d like to set, save and Toshl automatically adds a “reconciliation entry” in the amount needed to get to the desired balance. This way, you can easily adjust your manual account balances and see how much reconciliation was required – in other words – how much you strayed from your noted expenditure.

Adjust account balance, limit

 

Set a custom balance limit on a financial account

Works great both with connected and manual financial accounts. You’ll get a notification when you approach the limit you set, to the last 10 % of your usual balance and when you surpass it. It can act as a canary in a coal mine, warning you when you’re on your way to some cashflow difficulties.

 

Budgets are now grouped by the financial accounts they track on Android

For example, if you have budgets that exclude some accounts, like a savings account for example, budgets with the same account filtering will now be grouped together. They’ll also count for left to spend calculations on Monthly Overview and River flow graphs, whereas only All accounts budgets counted before. The improvement will soon be making its way to iOS and web apps as well.

 

  • Financial accounts can now be deleted from the mobile app
  • New main menu style on iOS

New navigation on iOS

 

  • Medici family Toshl monsters joined the family
  • Lots of minor improvements and bug fixes

 

Have a question or feedback? Drop us a line.

Caterina de Medici

Yaaay, the Medici are here to stay!

Posted in Announcements