Ace Money vs Quicken


F

FranksPlace2

A while back we had a brief flurry of postings about Ace money as an
alternative to Quicken. (http://www.mechcad.net/products/acemoney/)

With all the whining about Intuit on this board (myself included), I
am sure some people must have tried it. How does it compare?
Strengths & weaknesses? Does it work for investments?

Frank
 
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R

Rick Hess

FranksPlace2 said:
A while back we had a brief flurry of postings about Ace money as an
alternative to Quicken. (http://www.mechcad.net/products/acemoney/)

With all the whining about Intuit on this board (myself included), I
am sure some people must have tried it. How does it compare?
Strengths & weaknesses? Does it work for investments?

You may want to look at the AceMoney group here:
http://groups.yahoo.com/group/acemoney/

Surely, there will be many more participants there who have used both
AceMoney and Q than there will be here.

Oops, sorry Frank, didn't mean to call you Shirley.

--


Rick Hess
New Orleans
To reply, eliminate All_Spammers
 
M

me6

Surely, there will be many more participants there who have used both
AceMoney and Q than there will be here.
Never heard of Ace Money.

But thanks to you guys and this thread... I have downloaded it and
will try it!

Anyone out there actually using it day to day?
 
K

KBH

A while back we had a brief flurry of postings about Ace money as an
alternative to Quicken.
With all the whining about Intuit on this board (myself included), I
am sure some people must have tried it. How does it compare?
Strengths & weaknesses? Does it work for investments?
When I see a subject of alternative personal finance softwares I post a link
to 'KBH Investor Accounting':

http://pages.prodigy.net/halsteadinvest/kbh.htm


'KBH Investor Accounting' is a program for investor portfolio accounting...
 
M

me6

When I see a subject of alternative personal finance softwares I post a link
to 'KBH Investor Accounting':
Why?

Why do you like it so well?
 
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K

KBH

When I see a subject of alternative personal finance softwares I post a
link
Why?

Why do you like it so well?
Because I am the developer of 'KBH Investor Accounting' I know of its
computational sophistication...For instance extraordinary inputs that
traditionally mess up commercial softwares are translated to a correct
ending value with this program and a fault line noted. Of course with most
out-of-date inputs the program just re-calculates the mark-to-market
accounting without problem.


'KBH Investor Accounting' will track the intermediate value of short sales
including call writes...and this is fundamental to investment endeavor.

The mark-to-market profit/loss accounting is just a practical year-to-date
portfolio gain or loss...This gives the portfolio result by each year.

The program matches realized transactions on a FIFO basis without requiring
that positions be closed out in blocks...

The program is not a superficial accounting but is a record of
inputs...However, a current input mistake can be corrected with installation
of back-up files kept a few transactions in the past.

All functions of the program are equally weighted in importance and access.
In other words the program is professional in nature in that the accounting
result is not hidden from the user.

And among many more things, the program is dedicated in purpose to portfolio
accounting.
 
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