Money management and budgetings

Toshl Medici review

Toshl Medici

CHOICE Expert Rating

71%
What is the CHOICE Expert Rating?
Good points

Good Points

  • Categorisation of expenses
  • Can set categorical budgets
  • Excellent identification of transactions
  • Charts to show expenditure
  • Can set recurring transactions
Bad points

Bad Points

  • Categories are not extensive by default and may need refining
  • Main interface could be more intuitive
  • Paid version is a costly subscription
  • No savings goal feature

Recommended products

Recommended
Recommended

Test results

CHOICE Expert Rating
71%
Versatility score
68%
Ease of use score
75%
General comments
Toshl Medici is a spending tracker and budgeting app that can be used manually, or it can sync to your bank (though some Australian banks are missing, such as NAB, Bank Australia and Bendigo Bank, for example). It allows you to budget for overall spending, or just for specific categories, and will show you your income and outgoings in a flow chart. You'll also get a forecast on how much you can spend per day based on your current expenditure in order to stay under your budget. Its default spending categories could use a little work, but the good thing is that they can be edited to suit your needs.

Specifications

Android
iOS
Web browser
Windows
macOS
Security PIN
Data import supported file types
CSV, OFX, QIF, QFX, TSV, TAB, XLS, TXT (via web)
Account aggregation service
Yes (Salt Edge)
Website
toshl.com

Cost

Price
$59.93
Subscription required

Features

Free version available
Free trial period (days)
30
Exports to CSV
Exports to PDF
Sync to banks
Can set recurring transactions
View scheduled transactions
Categorise transactions
Generates reports
Displays trends
Yes (balance, income, expenses, left to spend i.e. daily spend and warning of overspending)
Displays forecast
Spending graphs or charts
Set savings goals
Attach images to transactions
Flag transactions for tax

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