Pile of sales receiptsWhether you are looking to better manage your personal finances or you need to submit reports to your employer for reimbursement, having a good expense tracker app on your iPhone is a lot easier than dealing with a random shoebox full of receipts each month. All of these apps work in fundamentally the same way, so it’s really a matter of finding the app that is the most intuitive for you, offering the features that you need while not confusing you with the features that you don’t.

Keeping good records when it comes to your personal and business expenses is just another way that you can organize your life with your iPhone. Yes, that little smartphone is good for more than Angry Birds and Facebook updates. It’s good for managing your cash too.

ExpenseTracker – Spending

ExpenseTracker - Spending iPhone App

ExpenseTracker - Spending iPhone App

Developed by AppCheer, Spending is designed to be as easy to use as possible. You can quickly and easily record every expense, seeing how much you spent each week, month, and year. You can also define recurring expenses, view dynamic graphs with costs in percentages, and export the data in CSV format to generate reports and spreadsheets.

iTunes Store Link: ($2.99)

Shoeboxed Receipt Tracker

Shoeboxed iPhone App

Shoeboxed app for iPhone

We’ve discussed the Shoeboxed receipt management service on this site in the past and, by and large, it’s a great service that lets you simply and easily scan in your paper receipts and have them automatically organized. By taking a picture of a receipt, the Shoeboxed app will automatically enter the date, total, payment type, store, and category.

iTunes Store Link: (Free)

Expensify

Expensify iPhone App

Expensify iPhone App

This app is geared more toward people who are traveling and need to keep track of their mileage, but it could be used just as easily as a normal expense tracker app for the iPhone too. It’s even able to sync up with your credit cards and bank accounts to track purchases that you may otherwise forget to enter manually. And, yes, you can take pictures of regular receipts to enter information that way as well.

iTunes Store Link: (Free)

iReceipt Expense Tracker

iReceipt Expense Tracker iPhone App

iReceipt Expense Tracker iPhone App

Designed for the business traveler who simply doesn’t want to fumble with a briefcase full of receipts, iReceipt also offers the photo-taking capabilities of other expense tracker apps. After you’ve entered all the expenses that you want to enter, you can email yourself a text generated expense report or even download your receipt images by syncing your device to your computer.

iTunes Store Link: ($1.99)

Fresh Xpense Capture

Fresh Xpense for iPhone

Fresh Xpense Capture iPhone App for Xpenser

Just like how the Shoeboxed app works in tandem with your Shoeboxed account, the Fresh Xpense Capture app for the iPhone works in partnership with your free Xpenser.com account. When you capture your receipts, expenses and mileage on your iPhone, that information is then sent to the website for later management. From there, it’s easy enough to generate PDF reports for all your expenses, export the expenses to Quicken, or even search through them to find details about one particular purchase.

iTunes Store Link: (Free)

Concur

Concur iPhone App

Concur iPhone App

A great thing about Concur is that you’re able to break down your expenses based on the trip, but you can also book travel right from within the app. You can itemize hotel charges as well. As expected, the Concur app will also allow you to enter receipt and expense information on the fly and take photos of receipts to capture the data that way. Data can be imported from credit cards and the expense reports can be both approved and submitted from within the app.

iTunes Store Link: (Free)

iXpenseIt

iXpenseIt iPhone App

iXpenseIt iPhone App

Many expense tracker apps only look at the spending side of the equation. Yes, it’s true that iXpenseIt is the most expensive app on this list, but it might also be among the most robust. That’s because it’s also designed to track your income, giving you a much better sense of your cashflow and budget. Additional features include an upcoming bill reminder, multi-currency support, daily average spending, instant graphical reports, mileage tracking, and full text search.

iTunes Store Link: ($4.99)

Image credit: Elenathewise / Fotolia

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