Average Reviews:
(More customer reviews)I have been using Microsoft Money 2000 for years and figured it was time to upgrade. The 2006 & 2007 versions got low marks so I decided on 2005 because it offered updated online services.
This product is the same as 2000 but with more graphics. Not only that, but it still cannot download csv files which are used at most major financial institutions (Fidelity). When I was able to download data, it only picked up the last 90 days when I had years of data online with my broker. Because it didn't download detailed transactions from beyond 90 days the cost basis and gains calculations were completely off. And if you create an online account for an account where you already have transactions entered (going back years), there is a merge function, but it only allows you to keep the new account and you lose all of the history! Why not allow us to pick which accounts we want to merge and what data to keep?!?
The budgeting module is muddled and confusing. I get a regular paycheck, yet for some reason it decided to only pick up 20% of my income and I couldn't edit it. Plus it defaults to showing the budget by month so if you have an annual expense it shows up for the month and makes it look like you are running a negative budget. The budget module in 2000 was much more simplistic, yet it allowed the user to make more edits and review the data easily by month and by year.
Also, they decided that you no longer need a subcategory for expenses so you can no longer create multiple categories under one heading. For example, I like tracking all of my food under one category, but I want a subcategory for groceries and a subcategory for dining out so I don't have to manually add two categories together when analyzing spending. I guess Microsoft thinks people are too stupid for that. Because of the missing subcategories tracking things like rental property is next to impossible.
I thought 2000 was extremely simplified but did the basics (yet I'd like more online features that are simple to use and retain historical data), and I thought this would be an improvement, but I'm going back to the old version.
Click Here to see more reviews about: Microsoft Money Deluxe 2005
Microsoft Money 2005 Deluxe includes everything in Money Standard; plus, it gives you all the help you need to improve credit and reduce debt, organize taxes, and automatically consolidate all of your transactions in one intuitive place. With online connections to thousands of financial institutions, Money 2005 Deluxe makes balancing personal finances effortless. And with Money's customizable Home Page, you can easily see the finances that matter most to you--from current account balances to where you're spending your money to your cash-flow forecast. The new look of Microsoft Money 2005 makes managing your finances effortless and ensures that you get quick answers to your financial questions. Now it's easier than ever to personalize Money to focus on the information that's most important to you. If you just want a top-line view of your finances, then check out Money's new Essential features: the Essential Account Register, the Essential Budget, and Essential Report and Charts. If you like working through all the details, then Money's advanced features are for you. And Money 2005 automates more of your tasks, so you can spend more time balancing your life, not your accounts.
Click here for more information about Microsoft Money Deluxe 2005
No comments:
Post a Comment