No More Money


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J

Jaap

ZootRot said:
Microsoft announces discontinuance of Money.

http://www.microsoft.com/money/default.mspx
http://blog.seattlepi.com/microsoft/archives/170888.asp

Are there any real options other than Quicken?
I used MS Money for a number of years and at the same time I tried
Acemoney, which is good, but I thought it lacked on reporting.
After switching to Mac, I searched a long time for a replacement on that
platform and after a series of trials I settled for Moneydance.
Moneydance runs on Windows, Linux and OS X and is therefore a good
candidate if you ever plan to switch platform. It is small and quick.
A number of developers (I believe four) are working on it and they
are developing an iPhone version. I believe that more users could
mean a more secure platform. Lots of Quicken users switched to
Moneydance. Have a look at it at http://moneydance.com/
I am a user, not an employee of Moneydance!
 
J

Jaap

ZootRot said:
Microsoft announces discontinuance of Money.

http://www.microsoft.com/money/default.mspx
http://blog.seattlepi.com/microsoft/archives/170888.asp

Are there any real options other than Quicken?
I used MS Money for a number of years and at the same time I tried
Acemoney, which is good, but I thought it lacked on reporting.
After switching to Mac, I searched a long time for a replacement on that
platform and after a series of trials I settled for Moneydance.
Moneydance runs on Windows, Linux and OS X and is therefore a good
candidate if you ever plan to switch platform. It is small and quick.
A number of developers (I believe four) are working on it and they
are developing an iPhone version. I believe that more users could
mean a more secure platform. Lots of Quicken users switched to
Moneydance. Have a look at it at http://moneydance.com/
I am a user, not a Moneydance employee!
 
J

Jaap

ZootRot said:
Microsoft announces discontinuance of Money.

http://www.microsoft.com/money/default.mspx
http://blog.seattlepi.com/microsoft/archives/170888.asp

Are there any real options other than Quicken?
I used MS Money for a number of years and at the same time I tried
Acemoney, which is good, but I thought it lacked on reporting.
After switching to Mac, I searched a long time for a replacement on that
platform and after a series of trials I settled for Moneydance.
Moneydance runs on Windows, Linux and OS X and is therefore a good
candidate if you ever plan to switch platform. It is small and quick.
A number of developers (I believe four) are working on it and they
are developing an iPhone version. I believe that more users could
mean a more secure platform. Lots of Quicken users switched to
Moneydance. Have a look at it at http://moneydance.com/
I am a user, not a Moneydance employee!
 
W

William R Wood

I tried Moneydance a few years ago, ran it side by side with Money for about
a year. It sucked. Assets accounts did not work right, no decent reports,
no decent budget, no bills/deposits, no cashflow tool, etc. The program was
so far behind Money that it appeared hopless so I dropped it.

What is the current status?

Regards

Bill Wood
 
S

Shelley

There are some options for replacing Microsoft Money. I blogged about
it this morning, http://ping.fm/vi8rs and if you want a quick list of
recommended Microsoft Money replacements, skip down to the links at
the end of the post. No matter what software MS Money users switch
to, it's going to be a bit of a transition (or a huge transition,
depending on how you used Money).

Shelley
....who is still seeking personal finance software nirvana. Not there
yet. Not even close.
 
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J

JohnA

Has anyone had any experience with GnuCash 2.2.9 (Windows version)? It
appears to have automatic direct OFX support but seems hard to setup.
Unlike Money which just queries the financial institution and then you
supply a userid and password, gnucash requires a lot of information that
might be hard to come by such as fid, etc.

-- John
 
D

Dan

I did try it (not sure about the exact version) for a while last year
and did find it difficult to get working properly. I found that
Moneydance worked a lot better for me.

I went back to Money Plus last fall but now am back to Moneydance for
good now it seems. I still had my files from then so it was fairly easy
to export the last 6 months of MS Money data to get me back up to date.

Moneydance works well for my limited needs and I was happy to see that
there is now a third party extension called Forecaster that adds the
cash flow prediction function that I previously missed from MS Money.

Dan
 
J

JohnA

Hi Dan,

Thanks... I tried importing into GNU cash and my checking account did not
show a correct balance. Apparently, any split transaction that has
unaccounted for splits will cause GNU cache to update the transaction total
without the unaccounted portion. Very bad especially since the transactions
were reconciled. I will give moneydance a try.

-- John
 
D

Dick Watson

Other than the problem of having to find them in the import scenario, this
is one of the things I like about GNUcash: it won't let you leave a
transaction with unassigned split amount.
 
J

JohnA

If you've tried GNU cash, I would be interested in your opinions both pro
and con...
 
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D

Dick Watson

I've installed it and dabbled around with it. I've not tired wholesale data
migration or routine data entry. I've run it on both Linux (probably around
GNUcash 1.8 or something like that) and tried the Windows version both in
their first and second release for Windows. Always remember this: I DO NOT
CARE about the downloaded transaction data thing so don't even look at
related stuff.

1) Even in the Win port, it's not remotely a WinApp. Just running it creates
a bunch of . files and so on. And look and feel is very Linux. That may do
it for you. I can deal with it, but it's not my first choice for sure.

2) Even at the level I was using it, I experienced stability "issues". But
they've done a lot of work since then if I understand correctly.

3) The default data store was XML files. I wonder how that would scale. They
did support other options but those added complexity because you had to set
all that up.

4) I really like a lot of their concepts about how to store transaction
data. The unitary account tree and explicit double entry appeal to my sense
of the problem. (Money is really double entry but they hide it behind
Accounts and Categories.) I like their notion that transactions are
conducted in "value tokens" be they a currency or an investment or whatever.
The app doesn't care. They seem to care more about transaction integrity. My
Access db replacement uses a lot of their concepts.

5) No classification. To me that's pretty much a deal breaker.

6) I never got far enough to tell if they had a Cash Flow projection
capability. I'm kinda thing the answer, in the terms we think of from Money,
is no. Another deal breaker.

But they are a moving target. Hopefully somebody with time on their hands
will take a serious swing at migrating from Money and report back.
 
J

Jaap

ZootRot said:
Microsoft announces discontinuance of Money.

http://www.microsoft.com/money/default.mspx
http://blog.seattlepi.com/microsoft/archives/170888.asp

Are there any real options other than Quicken?
I used MS Money for a number of years and at the same time I tried
Acemoney, which is good, but I thought it lacked on reporting.
After switching to Mac, I searched a long time for a replacement on that
platform and after a series of trials I settled for Moneydance.
Moneydance runs on Windows, Linux and OS X and is therefore a good
candidate if you ever plan to switch platform. It is small and quick.
A number of developers (I believe four) are working on it and they
are developing an iPhone version. I believe that more users could
mean a more secure platform. Lots of Quicken users switched to
Moneydance. Have a look at it at http://moneydance.com/
I am a user, not a Moneydance employee!
 
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