Right now, the differences are all in the details (income categories, no weird credit card handling, etc), and there are many of them. But instead I'll focus on what is to come soon:

* A custom rules engine (to be released in a few weeks). You'll be able to write a list of conditions for matching transactions, and a list of actions to apply when matched. The system will automatically encode what it learns as rules (apply category X to payee Y) so you can see what it's doing and adjust.

* Multiple budget types. Zero-based budgeting is cool, but Actual is just a tool for you. If you want, you can use a simple report based that just shows income vs expense. You choose the type you want adapt it to your lifestyle.

* Custom reports. This is really where having all your data local is incredible. You'll be able to write queries into your data, process it, and render any kind of visualization.