MyAccounts is an accounting application intended for personal use. It enables users to take their personal banking transactions, categorize them and create reports based on expected income and expenditures (budgets). A key feature of MyAccounts is its simple interface. All information is made available in one window with panels making navigation simple and easy. A special emphasis of this application is to make data entry easier by shortcuts. These include predefined transactions and regular monthly transactions. Another popular feature is its ability to use QIF or OFX transaction downloads from your bank. These are easily categorized by "remembering" previously entered similar transactions.