Yesterday, we released a bunch of cool, new features which many of you had been asking for:

• Income analysis: In addition to analyzing where your money is being spent, you can also analyze how you are earning it. This feature is for the wealthy few who have so many sources of incomes that they want to analyze them :)
• Transaction splits: You can divide the total expense you incurred for a transaction in your bank statement across different tags. Especially useful for those supermarket purchases, where you buy a whole lot of diverse products (clothes, grocery, etc.)
  
• Tag import: Moving towards better, easier and more automatic categorization, we have compiled a list of popular tags alongwith keywords relevant for those tags. For example, the tag ‘Internet’ is associated with the keyword ‘comcast’, and will be automatically applied to any transaction matching ‘comcast’. As and when you enter new transactions (via manual import or auto-synchronization), we match your transactions with this list of tags and recommend relevant ones to you. You can also find the ‘Import tags’ link on the ‘Manage tags’ page listing all of your tags.
  
  The screenshot above shows some tags relevant to the transactions in my personal account, you will get personalized recommendations based on your transactions
• Amount search: You can type in a query like ‘amount:243.92′ to find all transactions with an expense or income of $243.92. Quite useful when you are trying to recollect what that age-old undescriptive transaction in your bank statement really was!

Enjoy! :)

Last Friday, we released a major upgrade to the way tags work on Buxfer. The overall goal was to make them a lot more powerful yet easier to use.

• Tags can be organized into folders, i.e., you can have one tag be a sub-tag of another tag. E.g., lunch might be a sub-tag contained within food. Organizing tags into folders lets you concisely and descriptively summarize your expenses in a way that you can easily understand. The ‘Expense Analysis’ tool takes into account the sub-tag relationships you specify, and lets you drill down into your expenses starting from broad top-level folders, to narrower tags.
• Automatic tagging has been greatly simplified. Instead of maintaining a separate list of auto-tags, you can simply attach a list of keywords to a tag which determine which transactions the tag will be automatically applied to.
• The entire process of applying tagging rules has been streamlined. First, when you add new transactions, applicable tagging rules are presented as recommendations, which you can customize right at the time of adding those transactions. Second, when you edit tags of already existing transactions, a small popup lets you convert the one-time tags into automatic tagging rules.

We tried our best to provide a smooth transition for existing users to the new system. If you encountered any problems due to the upgrade, do let us know!