| dc.description.abstract | Today many people face difficulties in
having no proper method or technique to
monitor their daily personal expenses, which
finally lead to great wastage of money
unknowingly. This has been a problem due to
people’s busy lives. They do not have time to
manually record personal expenses and even if
manual methods are there, they may not be
efficient and reliable. At present, many systems
to manage expenses exist such as web
applications, mobile applications software, and
other financial management systems. However,
the question arises as to whether these
applications give the required output for the user
and if they are secure for the user to use. The
proposed system works as a solution for this
problem. With this system, the user can monitor
financial expenses with the use of receipt images,
without providing delicate information like
credit card details or any other bank account
details. Simply, the user does not need to link
their bank or credit card accounts to analyze
their transactions. The only thing needed to be
done is to take an image of a receipt and upload it
to the application. With the use of various image
processing techniques, the text in the uploaded
image is recognized and further processing is
done to the recognized text to obtain details such
as total cost, date of purchase, and receipt
category. The user will receive a display of all
these details in the mobile application and also an
alerting system that would warn if one’s expense
goes beyond limit. | en_US |
