Splitkaro reads the bank and UPI debit alerts your phone already gets, so most of your spending is recorded before you open the app, and anything shared with a flatmate or a friend splits in the same place. Money Manager is one of the most downloaded trackers in India and a genuinely good one, but everything in it is typed in by hand and none of it is shared with anyone.
Splitkaro if you would rather not type, because your bank already texts you every spend and Splitkaro turns those texts into your ledger, with anything shared splitting in the same app. Money Manager if what you specifically want is a double-entry ledger with weekly and monthly budgets, and typing every entry yourself does not bother you.
| Feature | Splitkaro | Money Manager |
|---|---|---|
| Personal expense tracking | ||
| Auto-import transactions from bank & UPI SMS | Android, and iOS via Shortcuts | |
| Share UPI payments into the app to auto-fill expenses | Limited free, unlimited on Premium | |
| Receipt scanning | 3 a month free, then Premium | |
| Split one expense between people | ||
| Group expense tracking | ||
| Chat-based groups (like WhatsApp) | ||
| Smart reminders to settle up | ||
| Custom categories | Premium | |
| Spending statistics | ||
| Double-entry bookkeeping | ||
| Budgets by week, month and year | ||
| Multiple ledgers side by side | Unlimited | Ten free, unlimited paid |
| Multiple currencies | ||
| Desktop view of your data | PC manager over Wi-Fi | |
| Export your data | CSV | Excel backup |
Money Manager on the App Store — checked September 2026
Yes, unless you specifically want double-entry books. Splitkaro turns the bank and UPI SMS your phone already gets into your ledger, so most of it never gets typed, and anything shared with a flatmate splits in the same app. Money Manager is the better fit only if you want a hand-kept double-entry ledger with formal budgets and never share a rupee of it.
Its App Store listing describes manual entry, automatic transfers between accounts, and card management, but no automatic bank import or SMS reading. Splitkaro reads the debit alerts your bank already sends and parses them on your device.
No. It is a single-person ledger. Splitting, group balances and settling up are what Splitkaro adds on top of personal tracking.
Three things. It keeps real double-entry books, where every entry moves money between two accounts so the balances reconcile; Splitkaro gives you unlimited ledgers but not that mechanism. It has formal budgets by week, month and year, which Splitkaro does not. And it has a PC view over Wi-Fi and multiple currencies, neither of which Splitkaro has yet. Everything else on this page, Splitkaro does and Money Manager does not.
Your bank already texts you every spend. Splitkaro turns those into your ledger. Free on Android and iOS.