CommonCents is a budgeting and personal finance software that uses the time proven `envelope method` for budgeting of your personal finances. It can automatically assign portions of your income to designated budget envelopes, allowing you to quickly see how much of your income is left for spending on other things. When you add a withdrawal, the money will be automatically deducted from the associated envelope (if any). The program can handle multiple financial accounts, including checking, savings, cash, and credit card accounts, as well as other asset or liability accounts. Other features include automated transactions, password protection, financial reports, import from OFX files, account reconciliation and more.

1. Uses the "envelope" method of budgeting
   In CommonCents each category of your budget is represented by an envelope. Every paycheck will get distributed into these various envelopes. When you spend money on groceries, the money comes out of the groceries envelope. When you pay your rent, the money comes out of the rent envelope. This is a time-tested method of managing your money. It's an easy way to know at a glance exactly how much money you have on hand and what it is allotted for.
    
2. Familiar checkbook-style registers
   CommonCents will be very familiar to anyone who has used a checkbook register. All of your income and expenses are recorded using a register system. Working in the registers is easy. In essence, it's just like working in your checkbook register, except that CommonCents enables you to distribute your transactions to your budget envelopes, and it does all of the math for you.
    
3. Manage all of your financial accounts
   CommonCents handles all of your financial accounts, including checking, savings, cash, and credit card accounts, as well as other asset or liability accounts. This allows you to view at a glance your total financial assets and total financial liabilities.
    
4. Automate transactions and allocations
   Use the Schedule Manager to automatically perform reoccurring transactions. Do you receive a paycheck every week? Let CommonCents automatically record and distribute your income into your budget envelopes. Do you pay the rent every month? Let CommonCents automatically record the transaction as it takes the money out of your rent envelope. Simple.
    
5. Password protect your information
   CommonCents gives you the option of protecting your financial information with a personal password. Launching your CommonCents file can require that your password be entered before any information can be viewed. This can come in handy if you're not the only person using your computer.
    
6. Detailed financial reports
   CommonCents enables you to produce very detailed financial reports. It comes with a set of default reports that you can customize to provide you with the precise financial information you need.