Hello Alzex, how are you?
I would like to leave a suggestion for improvement for the system. I believe this can help the community in general and add more value to the system.
In addition to tracking our expenses, the application could also display some indices.
The information for these calculations is already registered in the system.
The system could calculate the liquids ratio.
You need to have liquid assets to pay usual expenses such as electricity, telephone. This index is the average speed with that money can be converted into cash (cash in your pocket).
These are Short-Term Assets/Short-Term Liabilities.
The system could calculate the Monthly Expense Coverage Ratio.
If you lose your job, for example, this monthly expense coverage ratio shows how long you can survive
with short-term assets. If the country is in economic recession, with rising unemployment, this coverage ratio should be increased. It works like a cushion to cushion economic crises.
These are Short Term Assets / Monthly Expenses.
The system could calculate the Debt Ratio.
This index indicates what percentage of Assets was financed by debts related to Liabilities.
These are Payable Liabilities / Total Assets.
In addition to these indices, I believe it would be very useful if the system controlled stock exchange assets,
such as shares, ETFs, FIIs and other investment funds. So we could abandon Google spreadsheets for good.
Control of stock exchange and investment shares can even be charged in the form of an additional use license.
Thanks, see you later.