On August 25, 2008, we reviewed a collection of 15 different personal finance applications for the iPhone and iPod touch in a roundup entitled iPhone Gems: Every Personal Finance Application, Reviewed. This review contains a review of one application from that roundup; additional comparative details can be found in the original full story.
Ledger ($4) from Gladding Development is a simple multi-account finance manager for the iPhone and iPod touch. Upon launching the app, users are brought to the accounts screen, which lists each of the user’s accounts by type: assets, liabilities, equity, revenue, and expenses. Each account has its name and amount listed; tapping the edit button in the upper left hand corner permits selection of an account to edit. Users may change the title or type of the account in the edit screen, and may also delete the account. The add button in the upper right corner of the accounts screen lets the user enter the title and type for the new account, while tapping the action button brings up options to email balances or email a journal of transactions. Tapping on an account opens the account view.
In the account view, each transaction is listed separately, with its description, date, and amount. Users may tap on a transaction to view and edit the amount, description, date, and account, and to delete the transaction; similar options are offered by the add entry screen, which is accessed by tapping the add button in the upper right corner of the account view. Despite what its $4 price might suggest, that’s the entirety of Ledger’s features, which put it squarely it in the overpriced column. In such a competitive category, an app needs to have either a great interface, plenty of features, or a very cheap price; Ledger has none of these qualities, and fails to merit our recommendation.
Company and Price
Company: Gladding Development
Compatible: iPhone, iPhone 3G, iPod touch