It's a simple excel driven by a few Macros and forms which helps you manage your finances. It helps you in the following:

• Track who paid how much money and for what.
• Smartly calculates who needs to pay who how much.
• Helps you track the people who owe you money.
• Record a complete history of your expeditures.
• Say bye bye to pen, paper and the headache to calculator to find out who owes how much.

Are you fed up of managing your daily finances? Do you have a headache trying to remember how much your friend/flat-mate owes you? If yes, the you definitely need to try this excel.

• Tracks who needs to pay and who will recieve the money.
• It does all the calculations for you.
• It is simple and concise.
• It is intuitive and easy to read and understand.
• It is quite small.

FEM is absolutly FREE !!!

If you really like the application, I would love if you could donate some money for me to maintain this website

Sure. Here are a few (click on the thumbnail to enlarge the image):

Even though I've been using the FEM for last 5 years, this is the first version I've released. Please so that I can further improve the application

The application size is just 250KB for downloading. However, since the data is stored in the excel, as you use it the file size will increase.

All you need is a decent computer with Excel 2003/2007. Please make sure Macros support is enabled.

Unfortunately not as of now! Since this is the first version, I am only releasing the version compatible with MS Excel 2003/2007. However, depending on the requests, I will eventually port it to OpenOffice Calc

If you like the Financial Manager Excel, you will surely like the Online Organiser.

Simply download the excel and open it. As soon as you open it, a form will be loaded which lets you setup the excel. Please make sure you enable the Macros for the excel to work properly.

Make sure the security level in the macros is set to 'medium' or 'low'. On how to change the security level, have a look at the following articles:
Excel 2007: http://office.microsoft.com/en-au/help/HA100310711033.aspx#12
Excel 2003: http://office.microsoft.com/en-au/excel/HP052356701033.aspx

Any person who either needs to pay you, or has already paid you can be considered as a member. A member is basically a house member who will contribute to the daily life expenditures. You can also put the names of temporary people (who owe you money, or whom you owe money) into the same excel, without effecting other members.

Just click on the 'Add New Member' button and follow the steps.

Click on the 'Delete member' button. All the members who can be removed from the excel will be listed. If a person does not have a zero (0) balance, he/she cannot be deleted.

A person can only be deleted if he/she has zero(0) balance. To list the person's name in the 'Delete Members' menu, please make sure his balance is 0 by either paying him (if he has positive balance) or getting money from him (if he has negative balance).

Click on the 'Add new Entry' button and follow the instructions.

This sheet stores the History of the transactions made in the current month. The sheet gets automatically updated every month/or when a member is added/deleted.

For modifying old entries, there is no form based interface. This is where the 'weird' colorful sheet I've talked about above comes in handy. If the entry you need to modify was made this month, the go to the "February2012" (the only sheet other than "Home") sheet and find the entry. If it's an older entry, find the appropriate sheet amongst the hidden sheets. Sometimes, you may find multiple sheets for the same month. These are created everytime a member is added or deleted.

Once you find the correct sheet, make the modification as required. Make sure you update both the credit and debit columns. For eg:

Say there are 5 members (A, B, C, D & E) in the excel. Say A paid $200 for all 5 of them. However, by mistake you entered $100. So goto the correct Worksheet, and update the $100 in A's CR (credit) column to $200. At the same time, also update the $20 in the DB(debit) columns of A, B, C, D & E to $40.

For deleting old entries, there is no form based interface. This is where the 'weird' colorful sheet I've talked about above comes in handy. If the entry you need to delete was made this month, the go to the "February2012" (the only sheet other than "Home") sheet and find the entry. If it's an older entry, find the appropriate sheet amongst the hidden sheets. Sometimes, you may find multiple sheets for the same month. These are created everytime a member is added or deleted.

Once you find the entry, make sure you delete the complete row and not individual cells.

Once a FME sheet is setup, it stores all your data. Hence deleting it to the starting condition is not an option. The best option would be to download a fresh copy from here.