The sorting is yours to set up.
Your bank’s data provider supplies basic categories. The rest is keyword rules matched on the merchant’s name, which you write and keep up.
cent4cent vs PocketSmith
PocketSmith forecasts your balances. cent4cent keeps your books.
A budgeting and forecasting app with live feeds from Australian banks through open banking. Budgets sit on a calendar and feed a forecast of your balances up to 60 years out, and each account can be in its own currency.
Claims about PocketSmith come from its own help centre and pricing page, as read in September 2026, paraphrased and rounded, with links below. Something wrong? support@cent4cent.com.
When PocketSmith is the better choice.
Someone who plans with a budget calendar and wants live feeds from Australian banks, with a forecast of their balances years ahead. If that’s how you like to run your money, it’s hard to beat, and there’s a free plan to start on.
Where PocketSmith runs out.
Money you’re owed.
Its guides suggest treating a reimbursement as a refund against the original expense, and adding money you’ve lent as an asset. An asset has no transactions, so when the money comes back, you update it by hand.
Whether the number is right.
Its guide says there’s no specific reconciliation feature. You compare what’s waiting to be confirmed with your online banking yourself.
PocketSmith and cent4cent, side by side.
| PocketSmith | cent4cent | |
|---|---|---|
| Sorting your transactions | Your bank’s categories, then keyword rules you set | Done for you, and re-sorted back through your history as it learns |
| When it isn’t sure | An optional review of imports | Asks you in plain words, and keeps the answer as a rule |
| Money owed to you | A refund, or an asset you update | Kept by person, and closed automatically when they pay you back |
| A private holding and its terms | A balance you update, with loans against it | Your figure, with its terms said in a sentence: a co-owner, a loan against it, tax to come |
| A second currency | Yes, converted | Each account in its own currency, with what the rate did on its own line |
| What moved your net worth | A chart of assets and debts | Every month split into saved, markets and currency, to the cent |
| Checks every account against your bank | No, you compare with your banking | Every account, every month, to the cent |
| Australian banks | Yes, live bank feeds | Any bank or fund, from its statements |
| Price | Free, or from about A$120 a year | A$10 a month or A$100 a year |
The sample month, kept in cent4cent.
In cent4cent every line is sorted for you, Sam’s A$412 is closed off when he pays it back, and every account is checked against its statement.
See last month in cent4cent, next to PocketSmith.
Bring last month in and compare the two. 14 days free, no card needed.