recommendations?


G

G

Hello we tried Quicken and found it somewhat slow running,
a bit cryptic learning how to setup and operate. I have a trial
version of MS Money that we find a little easier to understand
initially but can see that we would have to work with it awhile
to really get anything from it.
How do you guys rate MS Money for general accounting and
planning of personal and business.
We work at regular jobs, but also have IRAs and 401Ks, and
additionally have rental property and hold a mortgage on
property we sold.
Which version do you recommend?
 
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C

Chris Cowles

G said:
Hello we tried Quicken and found it somewhat slow running,
a bit cryptic learning how to setup and operate. I have a trial
version of MS Money that we find a little easier to understand
initially but can see that we would have to work with it awhile
to really get anything from it.
How do you guys rate MS Money for general accounting and
planning of personal and business.
We work at regular jobs, but also have IRAs and 401Ks, and
additionally have rental property and hold a mortgage on
property we sold.
Which version do you recommend?
I've used Money for years for online banking and am satisfied. Compared to
Quicken, I think it's a matter of personal taste. Both have bugs,
supporters, and detractors. Quicken may also be somewhat more expensive, but
the difference is modest. If you're interested in online banking, query your
financial institutions to determine which (if any) they support directly.

If you continue with Money, get Money Deluxe. That's probably what you're
trying, if downloaded. It's available for cheap at discount stores and
easily will handle everything you list, if your business needs are basic.
You also can get a free copy of Money Standard with a purchase of TaxCut, or
a discount on Deluxe. The discount makes it about equal to the price of
Deluxe at Sam's, with no rebate hassles.

For more complex business needs, there are other versions, but I have no
experience with them and can't make recommendations.

Whatever you do, get a CD version. Don't rely on downloading it. Initial
install it might go fine, but sometimes not, and reinstall means dredging up
a long-lost receipt in order to re-download. Also, if reinstalling after the
next version is released, you might not be able to re-download the version
you licensed.
 
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G

G

Thank your for your input.
The money I'm using came with my computer. To be
specific it's not persay a trial version. But I noticed
the following about it that disturbs me.
I setup a loan whereas I am the lender, gave it all
the data and then did the amortization. It's about $40
or so off from my banks schedule pamphlet. I have
a Loan Manager software that agrees to the penny with
my banks pamphlet but it has poor print capabilities and
also I cannot export it in an editable format so I was kinda
hoping for MS Money to supply my needs but I'm concerned
about the difference.
Also when I attempt to edit in extra payment amounts on
the MS Money loan it gets rather ambiguous as to how to
apply it to the principal and then I get strange results which
are for sure not right
Do you have any comment on this.
 

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