Financial Statements vs KnowYourCustomer
Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.
Financial Statements
This application helps business owners and financial professionals create and track key financial documents like income statements, balance sheets, and cash flow statements. It also allows for future business projections and easy sharing of reports via email or local saving.
- Income Statement generation
- Balance Sheet creation
- Cash Flow Statement reporting
- 3-year Profit and Loss Projection
- Save and re-use financial statements
- Email, save, and print reports
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Financial Statements is a simple and efficient financial reporting tool designed for small and medium-sized businesses, as well as accountants, bookkeepers, treasurers and financial planners. It helps you prepare essential financial statements and future projections without relying on spreadsheets or complex software. Everything works seamlessly offline on your iPhone or iPad. What You Get- Ready-to-use, customisable financial workbooks: * Single-Step Income Statement - View revenues and expenses in one place (Profit & Loss) * Multi-Step Income Statement -Separate Gross Profit and Operating Income for deeper analysis * Balance Sheet - Track assets, liabilities, and equity * Cash Flow Statement - Understand cash inflows and outflows * 3-Year Profit & Loss Projection - Plan ahead for service, retail, or mixed business models On iPad, the app also includes Intro and Essentials sheets for quick guidance, while iPhone offers a focused mobile-friendly layout optimised for smaller screens. Key Features: * Edit company details, dates, and figures directly within the sheets * Save and reopen financial statements anytime on your device * Monitor business performance over time * Export reports as PDF or CSV * Share reports instantly with partners, investors, or accountants * Fully offline functionality for secure and uninterrupted use Financial Statements is built for business owners and finance professionals who need accurate, professional financial reports without the cost or complexity of enterprise software.
KnowYourCustomer
This app facilitates identity verification for partner companies to meet Anti-Money Laundering regulations. It guides users through securely uploading identification documents and personal data via a secure server.
- Identity verification
- Document upload
- Secure document server
- Personal data entry
- AML compliance
- Partner company integration
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Use this App to verify your identity with one of our partner companies to comply with international Anti Money Laundering Regulations. Your company will direct you to this app with an access code that unlocks the App and allows you to collect and electronically send your identification documents to our secure document server. The app will guide you through the process using the following steps: 1. Use the access code provided to you to unlock your account. 2. Enter or correct your personal data (name and address, etc.) 3. Take a photo of your face (selfie) and photos of the ID documents that the app will ask for. 4. Let the app upload the documents to our secure server. The documents will be processed and the company that requested the verification will notify you when the process is completed.
Screenshots
Verdict
The clearest difference is review sentiment: KnowYourCustomer at 100% against Financial Statements's 0%. KnowYourCustomer also leads on price (Free vs $0.99) and rating (3.0 vs 1.0). Financial Statements's advantage is ads (none vs shown) and update cadence (monthly vs every 2 months). On ratings volume, in-app purchases and device support there is nothing between them.
Scored on Price · Rating · Positive reviews · Number of ratings · Update frequency · Ads · In-app purchases · Monetization · Best chart rank · Devices · Requires iOS
KnowYourCustomer is free to download; Financial Statements costs $0.99 up front. Neither carries in-app purchases, so what you see is what you pay.
KnowYourCustomer holds the better App Store score, 3.0 against 1.0. Both are backed by a comparable volume of ratings — 1 and 2 respectively. Written reviews point the same way: 0% of Financial Statements's written reviews are positive against 100% of KnowYourCustomer's.
Financial Statements ships an update monthly, KnowYourCustomer every 2 months. The most recent releases landed on November 1, 2026 and November 2, 2026 respectively.
| Parameter | Financial Statements | KnowYourCustomer |
|---|---|---|
| Price | $0.99 | Free — better |
| Rating | 1.0 (1 ratings) | 3.0 (2 ratings) — better |
| Positive reviews | 0.0% of reviews | 100.0% of reviews — better |
| Number of ratings | 1 | 2 — better |
| Update frequency | Monthly — better | Every 2 months |
| Ads | No — better | Yes |
| In-app purchases | No | No |
| Monetization | Paid | Ad-supported — better |
| Devices | iPhone, iPad, iPod | iPhone, iPad, iPod |
| Requires iOS | 15.0 | 9.0 — better |
| Further details — not scored | ||
| Size | 8 MB | 55 MB |
| Age rating | 4+ | 4+ |
| Developer | Manu Gupta | Know Your Customer Limited |
Customer experience
Financial Statements
KnowYourCustomer
In-app purchases
Financial Statements
No in-app purchases
KnowYourCustomer
No in-app purchases
Questions
Is Financial Statements free?
Is KnowYourCustomer free?
Which has better reviews, Financial Statements or KnowYourCustomer?
Do Financial Statements or KnowYourCustomer have ads?
Which is updated more often, Financial Statements or KnowYourCustomer?
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