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1. MAHARASTRA STATE
BOARD OF TECHNICAL EDUCATION, MUMBAI
SEMESTER V PROJECT PROPOSAL
PROJECT TITLE
Daily Expenses
SUBMITTED BY
Sr.no Name Enrollment No
I. Om Ekataaram More 2115470055
II. Ganesh Shahaji Biradar 2215470173
III. Ekata Subhash Patil 2115470045
IV. Samiksha Ramdas Patil 2115470067
UNDER THE GUIDANCE OF
Prof. Sushil Gawade
SUBMITTED TO
DIPLOMA IN ENGINEERING
Computer Engineering
GOVERNMENT POLYTECHNIC VIKRAMGAD
JHADPOLI -SHIL ROAD , VIKRAMGAD (M.S.),India-424005
Year 2023-2024
2. GOVERNMENT POLYTECHNIC VIKRAMGAD
PROJECT TITLE
A PROJECT REPORT
SUBMITTED BY
Sr.no Name Enrollment No
I. Om Ekataaram More 2115470055
II. Ganesh Shahaji Biradar 2215470173
III. Ekata Subhash Patil 2115470045
IV. Samiksha Ramdas Patil 2115470067
GUIDED BY
Prof. Sushil Gawade
DIMPLOMA IN ENGINEEERING
Computer Engineering
SUBMITTED TO
Maharashtra State Board of Technical Education, Mumbai
November 2023
GOVERNMENT POLYTECHNIC VIKRAMGAD
3. CERTIFICATE
I hereby certify that the work which is being presented in the Diploma in Engineering .
Project Plan Proposal entitled “Daily Expenses”, in partial fulfillment of the requirements
for the award of the Diploma in Computer Engineering and submitted to the Department of
Computer Engineering of Government Polytechnic VIKRAMGAD is an authentic record of
my own work carried out during a period from July 2023 to May 2024( 5th /6th semester)
under the Guidance of Name & Designation of Guide, Computer Engineering
Department.
Name and Signature of Student
Om Ekataaram More
Ganesh Biradar
Ekata Subhash Patil
Samiksha Ramdas Patil
This is to certify that the above statement made by the student(s) is correct to the best of my
knowledge.
Signature of Guide Name & Designation Of Guide
Date:
Head
Computer Engineering Department
4. ACKNOWLEDGEMENT
I would like to place on record my deep sense of gratitude to Prof. Moreshwar Bhalerao Sir, HOD-
Dept. of Computer Engineering, Government Polytechnic vikramgad, India for his generous guidance,
help and useful suggestions.
I express my sincere gratitude to Prof. Sushil Gawade Sir, Computer Engineering, Government
Polytechnic vikramgad, India, for his stimulating guidance, continuous encouragement and supervision
throughout the course of present work.
I am extremely thankful to Jagdish shrisagar Sir Principal, Government Polytechnic vikramgad, for
providing me infrastructural facilities to work in, without which this work would not have been possible.
Name and Signatures of Students
Om Ekataaram More
____________________
Ganesh Shahaji Biradar
_________________
Ekata Subhash Patil
_________________
Samiksha Ramdas Patil
_________________
5. Abstract
This project is based on an expense and income tracking system. This project aims to create
an easy, faster and smooth tracking system between the expense and the income. This project
also offers some opportunities that will help the user to sustain all financial activities like
digital automated diary. So, for the better expense tracking system, web developed our
project that will help the users a lot. Most of the people cannot track their expenses and
income one way they face a money crisis, in this case daily expense tracker can help the
people to track income-expense day to day and making life tension free. Money is the most
valuable portion of our daily life and without money we will not last one day on the earth. So
using the daily expense tracker application is important to load a happy family. Daily expense
tracker helps the user to avoid unexpected expenses and bad financial situations. This Project
will save time and provide a responsible lifestyle. This system is made and supervised by the
experts and satisfying by the user. XML, JAVA ,SQLite database, Android Studio are used to
develop the system. The system is tested by over 5 users, and 80% of them found the system
useful"
6. Table of Contents
Page no.
Acknowledgement I.
Abstract II.
List of Tables III.
List of Abbreviation IV.
Chapter 1: INTRODUCTION
1.1 Overview of the Project
1.2 Why This Project Matters
1.3 What to Expect
Chapter 2: LITERATURE REVIEW
2.1 Historic Background
2.2 Basic Principles
2.3 Key Ideas and Concept
2.4 Previous Studies
2.5 Recent Trends
Chapter 3: PROBLEM DEFINITION
3.1 Lack of Effective Expense Tracking Solutions
3.2 Inaccuracy in Financial Data Recording
3.3 Limited Personalization and Customization
3.4 Data Security Concerns
7. Chapter 4: Proposed Methedology For Solving Problem
4.1 Making Expense Tracking Easy for You
4.2 Less Work for You with Automation
4.3 Tailoring the System Just for You
4.4 Keeping Your Information Safe
4.5 Learning to Use the System
Chapter 5: Tentative Design and Procedure
5.1 Introduction
5.2 System Architecture Diagram
5.3 Use Case Diagram
5.4 UML Diagrams
5.5 DFD Level-0
5.6 DFD Level-1
Chapter 6: RESOURCES REQUIRED
6.1 Hardware Requirements
6.2 Software Requirements
Chapter 7: PROPOSED ACTION PLAN
Chapter 9: References
8. Chapter 1 :- INTRODUCTION
1.1 Overview of the Project
This project revolves around creating a friendly and effective tool for managing daily
expenses. The main goal is to provide a simple, user-friendly system that not only enhances
the experience of tracking expenses but also ensures the accuracy of financial data. By
achieving these objectives, the project aims to empower individuals to make well-informed
decisions about their spending habits.
1.2 Why This Project Matters
Understanding the significance of daily expense management is key to grasping its impact on
overall financial health. Daily expenses encompass everything from routine necessities to
discretionary spending and unexpected costs. Managing these expenses effectively is not just
about cutting costs but optimizing spending to align with personal goals. Through this
project, we aim to provide insights and tools for individuals to make informed choices,
allocate resources strategically, and work towards achieving their financial objectives.
1.3 What to Expect
In the following sections, we will delve into the challenges individuals face in managing their
daily expenses. We will explore how existing solutions fall short and why a new approach is
needed. The proposed system seeks to address these challenges by providing a
comprehensive, user-centric, and secure platform for daily expense management. Through a
detailed examination of the problem and a well-thought-out methodology, we aim to pave the
way for a more efficient and empowering approach to handling personal finances.
9. Chapter 2 :- LITERATURE REVIEW
2.1 Historic Background
The history of daily expense management traces back to the early practices of
financial record-keeping. Traditionally, individuals used various methods such as
diaries, notes, and notebooks to manually document their daily expenditures.
These historic practices laid the foundation for understanding the evolving needs
of expense tracking in different eras.
2.2 Basic Principles
The basic principles of daily expense management involve the systematic
recording and analysis of financial transactions. Understanding these principles
is crucial for the development of an effective expense tracking system.
Fundamental concepts include categorization, accuracy, and the relevance of real-
time data.
2.3 Key Ideas and Concepts
Key ideas and concepts in daily expense management revolve around the efficient
organization and retrieval of financial data. Concepts such as categorization,
budgeting, and financial planning play a pivotal role. Moreover, the integration
of technology and mobile applications has introduced new dimensions to these
concepts.
2.4 Previous Studies
Previous studies in the field have explored various aspects of expense tracking
systems. Research has delved into user preferences, challenges faced in manual
tracking, and the impact of technological advancements on daily expense
management. A review of these studies aids in understanding user expectations
and system requirements.
10. 2.5 Recent Trends
Recent trends in daily expense management showcase a shift towards digital
solutions. Mobile applications and cloud-based platforms have gained
prominence for their convenience and accessibility. Moreover, trends emphasize
the integration of artificial intelligence for personalized financial insights and
predictive analytics.
11. Chapter 3:- PROBLEM DEFINITION
3.1 Lack of Effective Expense Tracking Solutions
3.1.1 Overview
In the contemporary digital age, individuals face challenges in managing their daily expenses due to the
absence of effective and user-friendly tracking solutions. Many existing platforms lack the necessary
features, accessibility, or flexibility required to meet diverse user needs.
3.1.2 Limited User Engagement
Current expense tracking solutions often struggle to engage users consistently. The lack of user-friendly
interfaces and intuitive functionalities results in reduced user participation, hindering the effectiveness
of expense management tools.
3.2 Inaccuracy in Financial Data Recording
3.2.1 Manual Data Entry Challenges
The reliance on manual data entry poses a significant problem, leading to inaccuracies and
inconsistencies in recorded financial data. Users find it cumbersome to consistently input expenses,
leading to incomplete records and an unreliable financial overview.
3.2.2 Impact on Decision-Making
Inaccurate financial data directly impacts users' ability to make informed decisions. The lack of a
reliable expense tracking system hinders the identification of spending patterns, making it difficult for
individuals to adjust their financial behaviors for better outcomes.
3.3 Limited Personalization and Customization
3.3.1 Generic Expense Categories
Existing solutions often provide generic expense categories that may not align with the diverse spending
habits of individuals. This limitation hampers the ability to create personalized budgets and gain
meaningful insights into specific expenditure areas.
3.3.2 Inflexible Reporting Options
12. The inflexibility of reporting options within current expense management tools restricts users from
customizing and tailoring reports to meet their unique requirements. This lack of personalization
inhibits users from obtaining precise insights into their financial activities.
3.4 Data Security Concerns
3.4.1 Privacy and Confidentiality
The increasing reliance on digital expense tracking raises concerns about the privacy and confidentiality
of financial data. Users often hesitate to use such platforms due to apprehensions about data breaches,
identity theft, and unauthorized access to sensitive information.
3.4.2 Lack of Secure Platforms
Current expense management systems may lack robust security features, leaving users vulnerable to
potential threats. A secure platform is essential to instill confidence in users and encourage widespread
adoption of digital expense tracking tools.
13. Chapter 4: Proposed Methedology For Solving Problem
4.1 Making Expense Tracking Easy for You
4.1.1 Friendlier Design
We're going to make the expense tracking system easier to use by giving it a new, more user-
friendly look. This way, you won't find it difficult to manage your daily expenses.
4.1.2 Use It Anywhere
We know you're always on the move, so we're making sure you can use our system on your
phone. This means you can keep track of your expenses wherever you are, making it more
convenient for you.
4.2 Less Work for You with Automation
4.2.1 Scan Your Receipts
No more typing in your expenses! Just take a picture of your receipt, and our system will figure
out what you spent. This saves you time and reduces mistakes.
4.2.2 Smart Learning
Our system will learn from your spending habits using smart technology. This way, it can give
you better advice and predictions about your money.
4.3 Tailoring the System Just for You
4.3.1 Your Categories
You get to decide how to categorize your spending. The system will let you create your own
categories based on your habits, making it more personalized.
4.3.2 Reports Your Way
We're giving you the power to create reports that matter to you. No more generic reports; you can
choose what information you want to see, making it more useful for your needs.
14. 4.4 Keeping Your Information Safe
4.4.1 Locking Up Your Data
We take your privacy seriously. All your information will be kept safe using strong security
measures, making sure it doesn't end up in the wrong hands.
4.4.2 Extra Security Checks
To make sure it's really you accessing your account, we're adding extra security steps. This
means even if someone gets your password, they still can't get into your account.
4.5 Learning to Use the System
4.5.1 Learn as You Go
We're going to provide helpful tips and guides right in the system. This way, you can learn how
to use it without having to search for information elsewhere.
4.5.2 Easy Tutorials
For those who learn better by doing, we're adding simple step-by-step tutorials. This makes it
easy for you to get the hang of using our system.
15. Chapter 5: Tentative Design and Procedure
5.1 Introduction
In this chapter, we present the tentative design of the "Daily Expenses" system, outlining the
critical phases of the system development life cycle. This includes a detailed description of the
System Architecture, Use Case Diagram, and UML Diagrams.
5.2 System Architecture Diagram
Fig 5.1 :- System Architecture Diagram
The System Architecture Diagram provides an overview of the structural design of the "Daily
Expenses" system, depicting the major components and their interactions.
16. 5.3 Use Case Diagram
Fig 5.2 :- Use case diagram
The Use Case Diagram illustrates the various ways in which external users interact with the
"Daily Expenses" system. It identifies different use cases, actors, and their relationships,
offering a holistic view of system functionalities.
5.4 UML Diagrams
Fig 5.3 :- UML Diagrams
17. 5.4.1 Class Diagram
The Class Diagram represents the static structure of the system, showcasing classes, attributes,
and relationships between them. It provides a blueprint for the data model.
5.4.2 Sequence Diagram
The Sequence Diagram illustrates the dynamic behavior of the "Daily Expenses" system by
showcasing the sequence of interactions between different components or objects over time.
5.4.3 Activity Diagram
The Activity Diagram provides a visual representation of the workflow within the "Daily
Expenses" system, outlining the sequence of activities and decision points.
5.5 DFD Level-0
Fig 5.4 :- UML Diagrams
The Data Flow Diagram (DFD) Level-0 provides a high-level overview of the "Daily
Expenses" system, showcasing the main processes and the flow of data between them.
18. 5.6 DFD Level-1
Fig 5.3 :- DFD Level 1
The Data Flow Diagram (DFD) Level-1 delves deeper into the processes identified in the
Level-0 DFD, breaking them down into sub-processes and illustrating the data flow within each
process
19. Chapter 6: RESOURCES REQUIRED
6.1 Hardware Requirements
Hardware requirements
Processor Intel / AMD – 2.0 GHz or higher
RAM 2 GB or higher
Hard disk for development computer 500 GB or higher
Resolution At least 1024 x 768
Internet Broadband with minimum 2.0 Mbps download rate
6.2 Software Requirements
Software requirements
Operating System Windows 11 or later version
Web Server Apache 2.4 or above
PHP Minimum PHP 8.2 version
Database My SQL 8.2.x version
Web Browsers
Google Chrome (recommended) or any other browser
latest version (Firefox , Internet Explorer)
Text Editor VS code editor, Sublime Text3, Notepad ++
20. Chapter 7: PROPOSED ACTION PLAN
Sr.No Details of
Activity
Planned
Start Date
Planned
Finish
Date
Name Of Team Member
1 Topic Search 15/9/2023 20/9/2023 Om,Ganesh,Ekata,Samiksha
2 Project
Proposel
Creation
21/9/2023 26/9/2023 Om,Ekata
3 Detailed
Information
Gathering for
project
1/10/2023 6/10/2023 Ganesh,Samiksha
4 Developing
Project
Diagrams
10/10/2023 17/10/2023 Om,Ganesh
5 Portfolio 18/10/2023 21/10/2023 Om,Ganesh,Ekata,Samiksha
6 Litreature
Review
22/10/2023 27/10/2023 Ekata,Samiksha
7 Project Report
Creation
28/10/2023 6/11/2023 Om,Ganesh,Ekata,Samiksha
8 Final
Presentation
7/11/2023 7/11/2023 Om,Ganesh,Ekata,Samiksha