Squirrel 0.7 brought iPhone synchronization support and many of you are wondering what the iPhone application will look like. It will allow you edit your accounts, transactions and categories, check your budgets before buying something, and will sync over the wifi network with the Macintosh application.

Here is the first video of our Squirrel screencasts, quickly showing the iPhone application. More screencasts will be published soon to see how to quickly get started with Squirrel and use some of its advanced features.

Squirrel for iPhone will be available for free on January 6, but the synchronization will only work for registered users.