Freelance income does not arrive in twelve equal parts, and it rarely arrives in one currency. NetWorth+ tracks what has been invoiced, what has landed, what it converted at, and how much of it was ever yours to spend.
A freelance quarter
What the ledger separates
In short
NetWorth+ is a free Android app that suits freelancers and self-employed people whose income is irregular and often cross-border. Invoices raised but not paid can be held as receivables rather than counted as income, payments are recorded at the exchange rate on the day they landed, and business costs can be separated from personal ones with custom categories. Everything can be exported to CSV for an accountant. It works in the UAE, Saudi Arabia, Qatar, Kuwait, Bahrain, Oman and India among others, and it never connects to a bank.
Income
Irregular cycles supported
Currencies
Rate kept per payment
Export
CSV, any time
Bank login
Never required
The problem
They ask what you earn each month. For a freelancer that question has no answer, and every projection built on it is fiction.
The real shape is lumpy: three invoices settle in the same week and then nothing for six. A client in London pays in pounds, one in Dubai pays in dirhams, one in Singapore takes ninety days and then pays a different amount than expected because of a bank charge nobody warned you about.
Meanwhile the business and the person share a wallet. The laptop, the co-working desk, the trade licence renewal and the flight to a client are business costs sitting in the same account as the groceries, and by the time an accountant asks, the distinction has to be reconstructed from memory and a photo library.
How it handles it
An unpaid invoice is a receivable, not money. Hold it as one, and your position reflects what exists rather than what was promised — while still showing you the total you are waiting on.
A payment from a foreign client is recorded with the rate on the day it cleared, after charges. Six months later, that is still what it converted at, rather than being restated at today's rate.
Custom categories separate the trade licence, software, hardware and client travel from your own spending, in the same ledger, without maintaining two apps.
CSV out, any time, so an accountant or a tax adviser gets a file rather than a shoebox. CSV in, too, if you are moving from a spreadsheet.
In practice
Amount, currency, client, expected date. It becomes a receivable and shows in what you are owed rather than disappearing until it pays.
When the payment lands, the bank alert can be read on your phone and arrives in the Financial Inbox. You match it to the invoice and the receivable clears at the real amount.
Receipt scanning reads the amount, date and merchant on the device. Tag it to the business category then, not in a panic later.
Insights over a rolling year are the only honest basis for planning freelance income. One month means nothing; twelve means quite a lot.
Compared
| Spreadsheet | Accounting software | NetWorth+ | |
|---|---|---|---|
| Cost | Free | Monthly subscription | Free |
| Unpaid invoices tracked | If you maintain it | Yes, properly | Yes, as receivables |
| Issues invoices to clients | You build the template | Yes | No |
| Personal net worth included | Rarely | No | Yes |
| Foreign payments at the day's rate | Manual | Yes | Yes |
| Fills itself in from bank alerts | No | Via a bank feed | Yes, on device, you approve |
| Needs a bank login | No | Usually | No |
If you need to issue invoices, file VAT returns or run payroll, use accounting software — that is what it is for, and NetWorth+ does none of it. This is the personal side of a freelancer's money, which accounting software is not designed to hold.
NetWorth+ does not issue invoices, does not calculate or file VAT or corporate tax, does not run payroll and is not accounting software. It does not give tax or financial advice, and nothing on this page is advice — the treatment of your income and costs is a question for your accountant and the rules of the country you are licensed in.
Where this applies
Freelance and self-employed work is structured differently in each Gulf market — freelance permits and free-zone licences in the UAE, the self-employment route in Saudi Arabia, and their equivalents in Qatar, Kuwait, Bahrain and Oman. The app is indifferent to which one you hold; it tracks the money, in the currency it arrived in.
NetWorth+ also covers India, Singapore, Malaysia, the Philippines, Thailand, Vietnam, the United Kingdom and the United States. Currency handling is not limited to the list above — three-decimal dinars and zero-decimal currencies are treated correctly rather than being forced into two decimal places.
Questions
Keep reading
Rates frozen on the day, and why that matters when a client pays late.
Read moreAccounts, assets and liabilities resolving into one figure.
Read moreIf part of what you earn crosses a border every month.
Read moreCash flow gaps often get bridged by a card. This is how to watch that.
Read moreDirham alerts and a working life priced in two currencies.
Read moreA quick figure in the browser, nothing stored, no sign-up.
Read moreTrack what is owed, what landed and what it converted at — and keep the business side separable when someone asks.
Android. No bank login. No ads. Message reading is optional and off until you switch it on.