March 1, 2009

What’s New in CommonCents 2.0?

We are very excited to announce the release of CommonCents 2.0!

In these challenging times, it is more important than ever for individuals and families to control spending, reduce debt, and save for the future. CommonCents was designed to help our users do this, and version 2.0 enables it to be done even more effectively.

Special thanks go to users of CommonCents 2007, who provided lots of feedback and suggestions for improvements and new features. CommonCents 2.0 is much better as a result. We encourage you to continue offering your feedback and comments with this new version.

CommonCents 2.0 still uses the same time-tested envelope budget approach. It still has a user-friendly layout which provides a complete view of your finances on one screen. And we think it is still simply the best budgeting and personal finance software available.

So…what’s new in 2.0? CommonCents 2.0 includes significant improvements designed to give you More Security and Reliability, More Control, and More Speed. Following is a recap of many of the new and improved features.

More Security and Reliability

Enhanced data encryption. All of your financial data is stored in encrypted files and can be further protected with a private password so only you or those you authorize can access your data.

CommonCents supports storing your data locally or remotely on a network storage device so you can access it from wherever you choose.

A Backup and Recovery Manager is now embedded within CommonCents so you aren’t relying on another product to safeguard your data. No more starting all over to rebuild your financial files. You can easily back up your data and rest peacefully at night knowing that another copy exists should you ever need it.

Should you ever encounter a problem, the new Log Manager keeps track of error messages to help us quickly identify and resolve any issues.

More Control

The new Options Manager enables you to select how CommonCents auto-assigns envelopes for specific payees, when the system checks for updates, and the format for how dates are displayed. It also allows you to select from an expanded list of different currencies and the format in which they display.

In the Budget Editor, we’ve added the ability to allocate your income by percentages or fixed amounts—and it still does all the math for you!

We’ve improved the scheduling options for recurring income and expenses, to provide increased flexibility and control. Enhancements include the ability to enter a budget allocation or expense “on-demand” and to schedule on a semimonthly basis. With all of the scheduling options now available, CommonCents works even better with your time frame.

More Speed

Importing data downloaded from your financial institution is now even faster and more accurate. In the Import Manager, we’ve added a step that lets you view, edit, and assign all inbound transactions before posting them to the account register. This, combined with the improved ability to map payees to budget envelopes, has the potential to save you a lot of time and keystrokes.

The new Payee Manager enables you to easily edit, remove, and map payees.

A new set of “hot keys” for data entry has been implemented so your fingers don’t have to leave the keyboard.

Transfers can now be made directly from the account register by selecting the account or envelope name from within the transaction drop down list. Recording the payment for your credit card bill from your checking account is now easier than ever.

These are just some of the improvements we’ve made in CommonCents 2.0. There are many other minor changes that will help make managing your financial life a simple and peaceful process.

For our current users, we want to get you converted to the new version as soon as possible. We’ve taken steps to make this a smooth process. When you're ready to download CommonCents 2.0, click here to view detailed instructions.

To those who haven’t yet tried CommonCents, we encourage you to download your free 60-day trial today and put CommonCents to work for you.

Best regards,

The enDevelopment Team
The makers of CommonCents software.

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