In short, iBank is a solid option, but it’s not right for me. Search our online store for the lowest prices on Windows, Microsoft Office, SQL Server, Windows Server, Project, Visio and more.All products come straight from the distributor.On Monday I talked about my experiences moving from Quicken to iBank. Order from a Certified Microsoft Partner. Shop discount License For Adobe Audition CC 2014 computer software downloads, OEM product keys and retail products. Buy cheap software for both PC and Mac.401 QuickBooks training, 757 Quicken conversion to QuickBooks, 21 time-tracking solutions. Quicken Online also acted in an app-like way for iPhone users, specifically.The Official Intuit Guide to QuickBooks 2014 Bonnie Biafore. But it still gave users a quick way to get insight into their spending, saving, and other financial patterns.
Quicken 2014 Trial Free Trial ThatThus, I took the plunge… Getting your data out of QuickenThe process here is identical to what I went through for iBank. However, I had read enough reviews that I was convinced that Moneydance was the next best option on my list. A limit of 100 transactions really isn’t enough to thoroughly test out the software, and I thought twice about even giving it a shot. Unlike iBank, which has a 30 day free trial, Moneydance has a free trial that is limited to 100 manually-entered transactions.Given that Moneydance costs $50 (though you can easily get a $10 discount more below) I wasn’t too crazy about this highly restrictive trial.When it comes up, choose “Import File.” Next, be sure that the “From Another Program” button is selected – if you don’t, your categories will get screwed up.From there, the official guidance from the Moneydance creators is to check the “Import Account Info Only” box and run the import to create the account so you can verify that they’re right. Getting your data into MoneydanceThe next step is to install and launch Moneydance. If you need details on exporting to QIF, check out my previous post. This latter bit – the transfer out – got included in the split deposit, but then got duplicated on its own.Once I figured this out, however, it was an easy thing to cruise through out accounts and delete the duplicates. I’m talking here mainly of payroll deposits that included numerous deductions as well as a transfer out to a retirement account. Double-checking the importThe most obvious problem was that certain types of split deposits got screwed up. Some of the balances were off by a bit, but it was close enough that I figured I could sort it out. I ended up with bizarre (and hugely negative) balance in our bank accounts, etc.I thus decided to start from scratch, but skip the “Import Account Info Only” step. The accounts got set up properly, but when I imported my transaction data, it was a mess. But aside from this minor (very minor) complaint, Moneydance is a very impressive piece of software.In short, it shares none of the operational weaknesses that I identified in iBank: The interface is rather utilitarian, and the graphs are line and pie graphs similar to what you might cook up in Excel if you didn’t have a lot of time to pretty things up. Strengths and weaknessesRight off the bat, I noticed that Moneydance isn’t nearly as pretty as iBank. Fortunately, it was easy to re-assign the errant transactions from one account to the other such that I could ultimately delete the duplicate. Yes, it took a couple of hours before I was completely up and running, but I was dealing with 14+ years of data.The only other glitches were that I wound up with an extra bank account called “Unknown: PAYEE” (I ended up deleting this with no problems) and one of our investment accounts, somehow got split into two identically named accounts. All in all, it was pretty straightforward. It also supports online billpay, though I haven’t messed with this as I use our bank’s billpay interfaceIn terms of user support, there aren’t any built-in help files, but there is a very detailed pdf manual. Investment returns are rounded to the nearest hundredth of a percent (as opposed to whole percents) It supports specific ID of shares for tracking tax lots It allows you to enter exact transaction amounts to avoid rounding errors (and the need to compensate with $0.01 commissions) in investment accounts No, it’s not as pretty or polished as iBank, but the interface is definitely serviceable and it has a very robust feature set. The final analysisIn the final analysis, Moneydance looks like a winner. And yes, you can “unlike” the page later if you don’t want it cluttering up your account. In the left sidebar, you’ll see a link for a “ Discount Code.” Go ahead and click it – no code… But if you “Like” their page, a 20% discount code will appear, bringing the total price down to $40. Getting a 20% discountIf you’re interested in buying Moneydance, be sure to swing by their Facebook page first. I’m not a programmer, so I won’t be doing any of this myself, but it’s nice to know that it’s a possibility, and that some other users have already written some handy extensions.Oh, and I almost forgot to mention… Moneydance is available for Mac, Windows, or Linux so you won’t be tied down to a single platform if you decide to use it for the long term. Secondly, investments show a cash balance rather than total number of shares. You have to use command N. First off, when entering transactions, it doesn’t offer a new blank line as Quicken did. You can, however, import an unlimited number of transactions, so you should be able to at least test out the import and mess around a little before making a final decision.After reading all the positive comments about MD, I bought it and was immediately unimpressed. I’m sure a few annoyances will crop up here or there, but I’m confident that I’ll be able to adjust and work around them – just like I did when I was first getting used to Quicken.Just be aware that the trial is (as I noted above) somewhat crippled, in that it can only handle 100 manually-entered transactions. There are other things that I didn’t like about MD, but they’re irrelevant, if I can’t track investments.I wound up buying the Lion compatible Quicken for Mac 2007. But I do need pertinent information and I need to be able to enter data without extra steps. I can wait until evening to check my financial situation on my desktop iMac. I don’t have to know how much money I have while out walking the dog. Number of shares is essential. Android studio download for mac seirrraI rarely do so anyway.It’s worth it for me to have simple, logical and complete information about my money than to have access from a variety of devices.Just got this from Quicken (I bought Quicken Essentials for Mac as I had bought a nice new Mac and was hoping it wouldn’t be so bad went back to my PC 2011 version after trying a few alternatives including MD, as I had a decent but old XP machine lying around this works for me). When I upgrade to Lion, I will just have to let go of the ability to search back transactions to 1995. I have hard copies of my investment information from the past, and will print out reports of certain types of expenses over the past years. So I decided to start anew with Dec 2012 and move on from there. Need more than a simple checkbook keeper as I like to see my investments (401K, Roth’s, etc.) and assets (like cars, house, etc.) as well as set reminders on upcoming bills, etc. I used Quicken for PC for about a year after many, many years on MS Money and it does what I want. So I basically put an old Win XP PC back in service (was a hardly used machine) with Quicken 2011 and will continue to use that until a more viable Quicken Mac arrives.
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