11/15/2011

Microsoft Money 2002 Deluxe & Business Review

Microsoft Money 2002 Deluxe and Business
Average Reviews:

(More customer reviews)
... Coming from fairly recent versions of Quicken and Quickbooks (Quickbooks 6 and Quicken 2000), I found the Money suite to have many more useful features, most of which could easily be turned off or changed to fit your needs (something that a few of the other reviewer's here obviously didn't realize...). Given the feature pack, it's obvious that the Intuit software pieces would seem much more basic and easy to learn. And that they were. But after an hour of setting up my accounts and general preferences, I had no trouble finding my way around Money 2002 and accomplishing my everyday tasks. I like the interface, and the fact that it can be extensively customized to show as little or as much info as you want. I tend to like things simple on the surface, but allow for easy retrieval of detailed data. The Money 2002 package delivers here very well.
One gripe I always had about Quicken/Quickbooks, is that the 2 pieces of software couldn't talk to each other (has this changed in recent years?). Being a sole proprietor, sometimes you need to talk to your personal banking accounts from your business ones, like when you're taking personal draws from the owner's capital account (i.e. living off the money you make from your business). Now that I can buy a package that combines home and business finances, life will be a little easier. Transactions will be fewer in number, and the process of backing up and keeping track of the underlying data files will be simplified.
If you own a business larger than a sole proprietorship, you definitely want a more robust package like Quickbooks on a basic level, and something more professional on a more complicated level. MS Money isn't designed for or marketed towards full-fledged businesses.
If you're looking for a home or home/business finance package, you can't go wrong with either MS Money or the Quicken/Quickbooks offerings. They are both done extremely well. I wouldn't rule out Money, based on the negative slamming reviews you see here. I assure you that it's every bit as good (better?) as the Quicken software package. And when you consider that the Microsoft package costs ... less than buying Quicken + Quickbooks, it seems like a no-brainer.
I don't usually give 5-star reviews, but the Money suite seems to do everything I need it to, and very well. There's extensive customization potential, and the interface is very easy to understand, as well as attractive. I'm pretty impressed with it overall.
-And watch out for the anti-Microsoft reviews you read around here. They are usually written by people whose only experiences with Microsoft is Windows 95.... Things have changed, my friends. OK, enough preaching.

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