Showing posts with label microsoft money. Show all posts
Showing posts with label microsoft money. Show all posts

12/20/2011

Quicken 2009 Premier Review

Quicken 2009 Premier
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I purchased Quicken 2009 in hopes of upgrading from the discontinued Microsoft Money product. I have been a long time user of Microsoft Money and have a lot of data to transfer. Currently, the transfer process is very cumbersome. You need to rename your accounts & categories to fit within the smaller naming conventions of Quicken. There are multiple reports you need to print out which a separate Quicken utility uses to import the transactions. And finally, there is a limit of 10,000 transactions that can be imported. I have tried to import multiple batches of transactions to stay under limits but no go.
Overall, still very difficult to upgrade from MS Money to Quicken 2009. Intuit has said they will fix this in the 2010 Quicken product and I look forward to that.

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Quicken Premier offers an easy way to track and manage your investments in one place, so you can grow your net worth.

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12/13/2011

Microsoft Money 2006 Deluxe Review

Microsoft Money 2006 Deluxe
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1 - No difference that I can find over 2005. Funny thing is that I said this with my 2005 from 2004 version purchase! I guess I will never learn, I'm a sucker for the lastest and greatest Money software. Really, you do not need this if you have 2005, you can live without backing up to CD/DVD.
2 - I have not found any bugs. You are thinking, Ya, so? If you were an early adopter of 2005 (the buggiest POS that MS Money put out), you would have seen this a huge achievement also.
Summary - nothing really exciting over the previous 2 versions, wait for the free offer with your tax software next year. If you are new to personal finance software, you really need to get this.

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Microsoft Money 2006 Deluxe helps you stay on top of credit, reduce debt, and organize your taxes, while keeping day-to-day finances simple. With all of your accounts—credit, checking, savings, and even investments—in one place, with one password, it's even easier to manage your finances. Spend less time worrying about your money and more time enjoying it.

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11/14/2011

Microsoft Money 2004 Premium Review

Microsoft Money 2004 Premium
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money itself is nice enough, but paying more for the premium version over deluxe is a rip-off--every single additional "feature" is actually part of a limited-time trial for a 3rd-party Web service called Gainskeeper. Nowhere will anyone tell you how much this costs until you register for it. The regular Gainskeeper service is $20/yr, which is (surprise!) exactly what you paid to upgrade from Deluxe to Premium, so much for the "free" trial. Among the many ways this sucks includes you have to create and maintain a completely separate second version of your portfolio, store it on their web site instead of your own PC, and then (once you go past an introductory number of trnsactions annually) you have to pay per-transaction to enter your own trade data, anywhere from 20-90 cents each. Very very weak, there's no reason why this can't be included within Money itself for the extra $20. By all means choose Money over Quicken, but stick with Deluxe and save some bucks.

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In-depth investment tools to optimize your portfolioand personal financesProduct Information
Microsoft Money 2004 Premium is acomplete financial packaging helping consumers manage their complete financial picture -from tracking accounts and paying bills, to optimizing investmentsand tax-savings opportunities. A complete package of investment tools - Money 2004 Premiumisdesigned for investors! Get in-depth stock and investment information at yourfingertips, including quick access to stock quotes, news, and powerful onlinetools to help your investments grow. Sophisticated portfolio tracking -IntegratedGainsKeeper provides comprehensive investment tracking and accountintegration. Automated investment analysis - Robust decision-making and analysistools help you minimize year-end taxes. Double-down strategy tools,asset allocation, and much more tohelp optimize tax-savings opportunities.

Product Features

Save Time Organizing and Managing Your FinancesDownload checking, credit card and other transactions from your bankautomatically for up-to-dateinformation.

Consolidated View of Financial InformationView and access information from multiple financial institutions in one place soyou always know your overall financial health.

Achieve Financial GoalsWhether your goal is to get out of debt, save for retirement, or for a majorpurchase. Money provides easy-to-use tools to help you achieve your financialgoals.

Optimize InvestmentsMoney Premium can help you optimize investments,help maximize tax-savingsopportunities, provides trade decision tools, provides automated IRS Schedule Dreporting, provides year-round capital gain/loss calculations.

System Requirements

PC with Pentium 166 orhigher processor required, Pentium II 3

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10/22/2011

Quicken 2004 Premier Home & Business Review

Quicken 2004 Premier Home and Business
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I have been using Intuit products for many years, especially Quickbooks Pro and Quicken Home and Business. I must say that with each new version, it does not get easier...just more complicated and buggier. I am probably one of the few who have successfully used Quickbooks Premier Contractor 2003, but I can't say the same for Quicken Premier Home and Business 2004. I have spoken to tech support and they said they've had no problems at all with this software.
I found the interface very busy. What happened to my simple checkbook register where I write checks? There's now a "Home" column on the lefthand side of the register that lists categories. It took me awhile to find my personal checking account listing. That "Home" column is permanent, something you cannot delete and it takes up too much room. At least with the QB 2001 I could "X" out the bottom pane. There's no hope with this. You can expand the register box, and kind of shrink the annoying column. It's a busybox!
I have a problem with delayed response from the keyboard. The words are delayed by about 2 seconds as I'm typing...very annoying. And if I hold down the Backspace key, it stutters backwards to erase something.
I placed a call twice to Intuit. First rep said she never heard of this. I told her I have. Told me to uninstall the software, copy CD to harddrive, and reinstall in Safe Mode. Said it would correct the delayed typing, since she felt that no drivers would load and I should use "Custom" installation and put it in a new folder. Didn't work. Don't waste your time. Same problem exists.
Called again and second tech said that Quicken 2004 doesn't like my computer. Gee, thanks. He said it's something in my database that is causing the delayed typing.
I told them when they get enough calls from irate customers, please put out a patch, that it isn't just me I'm sure. I told them from what I've been reading, their new improved software stinks. QB Home & Bus 2001 worked flawlessly.
My advice: "if it ain't broke, don't fix it." I should have listened to myself

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10/21/2011

Microsoft Money Plus Home and Business Review

Microsoft Money Plus Home and Business
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(More customer reviews)
So, after using Microsoft Money Plus Home and Business, I found it to be a rather robust program. The reporting methods, categorizing, connections into the financial institutions, etc. are excellent. I have been a user of both quicken (for business) and money (for personal) for years. I am glad they have finally merged the two properly.
It meets the needs of my small business as well as my personal finance and investments. I would recommend to anyone.
As for the review from C:
I am finding the user rating system on Amazon becoming less and less useful by the day. Charles gives the software a bad rating, not because of his experience with the functionality of the product, but the time line in which the BETA and the production version were released. There are reasons why they call it BETA and you should have known the risks prior to using it as a production software. Just because Microsoft didn't release the final version prior to your BETA trial running out, you mark the software with 1 star. As for the claim that it doesn't let you convert the data to Quicken or Money 2006 is flat out wrong, I have been able to do both (I guess that must have been one of the features not available in the BETA version). Additionally, why are you writing a review on here if you haven't purchased the FULL VERSION of the product. In actuality, you didn't use the software on which you are reviewing, you were using a BETA version.
Finally, I am tired of hearing users complain about MS and how Vista and Office 2007 are bad products just because they weren't adept enough to figure it out and were unwilling to hit the F1 key and read. Enough of my rant, hopefully others are getting sick of this on these reviews as well.


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10/04/2011

Microsoft Money 2007 Premium Review

Microsoft Money 2007 Premium
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Here is my review of Microsoft Money 2006 Premium, that is, last year's model. Honestly, after I installed Money 2007, I simply could not find any differences from Money 2006. Whatever improvements Microsoft put in, I don't use.
Here is what you must do to have a good experience with this product:
1. Never use Microsoft Passport.
Passport is a universal password that can be used to sign on to multiple bank accounts, brokerages, merchants, and God knows what else. It is a security disaster. Avoid it!
Your installation of Microsoft Money will be a bit awkward if you want to avoid Passport. Some users believe that Money won't install unless you get a Passport. This is false, at least for Money 2006 and earlier versions. You just have to be careful (and resolute!) while you install. See also item 6. below.
2. Never store your financial data online with Microsoft
MS Money allows you to keep all your financial data stored on Microsoft's computers, as well as on your home computer. This allows you to access your MS Money data when you are away from your computer. For the unlucky user, it leads to virtually insoluble computer nightmares. Apparently, the local and remote copies of your data can get out of sync. It becomes difficult or impossible to overcome data corruption on Microsoft's computers. You fix up your local data, and it gets scrambled again when you connect to Microsoft's computers.
If you observe 1. above, you will not have to worry about 2.
3. Never use Yodlee to download account information from financial institutions
Yodlee (spit) is a company/method for downloading your account information from banks, credit card issuers, brokerages, etc. The way it works is that it impersonates a web browser and surfs your bank's (or brokerage's or ...) web site in order to suck in your account details.
The problem is that your bank's web site is designed for browsing by humans, not software. Small design changes to your bank's web site can cause Yodlee to scramble the data. Frustrating for you.
Many (but not all) financial institutions will download your account transactions directly into MS Money without the use of Yodlee. Yodlee gives you access to a larger collection of financial institutions. But it is not worth it.
If you observe 1. above, then you will not have to worry about Yodlee.
4. Keep several backup Money files
Microsoft Money stores all of your financial data in a single disk file on your computer. This is convenient for you. Money also allows you to store several backup copies of this disk file. I suggest that you configure Money to store 4 (depending on how paranoid you are) backup copies. What this means (for example) is that if you work with Money one time on each of Monday, Tuesday, Wednesday, Thursday, and Friday, then you will get a total of 5 copies of the file that holds your financial data. The oldest (backup) copy will reflect the state of your MS Money data from Monday. The newest (not a backup) will reflect the state of your MS Money data from Friday.
Why do this? Because like all Microsoft products, Money will occasionally scramble up your data. If you are not able to unscramble (there is a "repair" feature that you can try) then your only hope is to revert to an older copy of your data, and kiss your most recent updates goodbye.
You might not discover the corruption right away. That's why I suggest keeping multiple backups.
5. Back up your computer disk
This suggestion is not specific to Microsoft Money. But I feel obliged to mention this anyway. The more you use MS Money, the more you have to lose if your computer malfunctions. You can lose disk data due to a worn out disk drive, or an electronic failure in the computer itself. Your computer can suffer from fire, flooding, or theft. Your data can disappear from simple mistakes by users, or by the children of users!
So you have to back up your disk data. Most home computer users don't bother. But this bears repeating: the more you use an accounting program like Microsoft Money, the more you need to back up. Get to it!
6. Purchase the normal, CD-ROM version of Money, rather than the downloaded (electronic only) version.
WARNING: unconfirmed by my personal experience. Amazon.com sells this software product in a box containing a CD-ROM and some sketchy paper documentation. You can also download the software directly from Microsoft. But I have been told that the direct purchase from Microsoft requires the use of Passport. As I state in 1. above, I believe that Passport is a bad idea. So it is probably wise to purchase the physical, CD-ROM version from Amazon.com.
7. Find a community of knowledgable users
Like all mass market software, the technical support available for this product is useless. You should find a discussion forum for users of Microsoft Money. This is where you will go for help with problems that you cannot solve by yourself. I suggest that you read through the forum posts even when you don't have a Money problem. Look for major problems that might affect you. Forewarned, you might be able to avoid such problems.
Personally, I use the usenet news group microsoft.public.money. It can be found through microsoft.com or groups.google.com. Generally speaking, the intelligence level in this ng is solidly mediocre. That's in the nature of the Microsoft user community. If you find a better forum, please write an Amazon.com "review" of your own and share it.
Good luck with Microsoft Money!

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9/20/2011

Microsoft Money 2003 Deluxe & Business Review

Microsoft Money 2003 Deluxe and Business
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Let me first say that I have been a diehard Quicken user for the better part of 9 years, and I am not a particular fan of Microsoft. But I have to give credit where credit is due. I decided to try Microsoft Money because Quicken's interface has recently become so cluttered with advertisements and nonsense that it has become almost impossible to navigate. In addition, my experience with Quicken Deluxe 2003 has been so incredibly bad (support, bugs, crashes, etc.) that I had to try some alternative.
At first I was going to buy Microsoft Money Deluxe 2003. But, for just a little extra, I decided to try the Deluxe & Business version instead. I have a small internet side business and I thought this would be a perfect fit.
First, let me address the home portion of the program:
This is an incredible step-up from the equivalent version of Quicken. The interface is simple, the program is not "buggy", and the online help is more than comprehensive enough to get you through even the toughest of problems. Because I was already using the 2003 version of Quicken, I was not able to automatically transfer my Quicken file, so I cannot comment on how that particular feature works. But I can certainly tell you that setting up all of my accounts from scratch (and I have quite a few) was more than simple. All of the online banking features worked flawlessly, and I was up and running in about 3 hours - start to finish. And with much less frustration than with Quicken.
As for the business portion of the program:
This area is, admittedly, not very advanced. It is good for very small side businesses (such as mine), but for anything more comprehensive, you may want to look elsewhere. I think the problem with marketing these two features together is that a lot of people may be expecting too much out of the business portion of the program, so they tend to write-off the whole thing. This program is intended only for the very smalest home business owner. If you are looking for anything more comprehensive than that, my advice would be to invest in the standard or deluxe versions of Micrsoft Money for your personal finances, and look elsewhere for a more comprehensive accounting program for your business finances. But if you decide to go the frugal route, expect to get what you pay for.
In conclusion, Microsoft Money is, in my estimation, 10x easier to use than Quicken and is laid out in a much nicer fashion. In addition, there are no bugs that I could find, whereas Quicken was giving me constant problems (browser conflicts, lock-ups, etc.) Take it from a long time Quicken user - It's not too late to switch. Go buy Microsoft Money today.

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Microsoft Money 2003 Deluxe & Business: Designed for the sole proprietor or small business owner to manage both personal and small business finances all in one place. Track inventory, design your own customer invoices and send them, track projects, analyze your business' success and more. Save time organizing and managing your finances. Easily manage your cash flow, balance your checkbook, create and track a budget, pay your bills and organize your finances, view a complete picture of your financial health in one place.Achieve your future financial goals. Reduce your debt, forecast your cash flow, finance an education or save to buy a house or car.Make smarter financial decisions. See where your money goes. Get a visual picture of income and expenses, cash flow, category spending, budget and more. Receive personalized, prescriptive guidance.

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8/31/2011

Microsoft Money 2007 Deluxe Review

Microsoft Money 2007 Deluxe
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Microsoft has recently launched the 2007 version of their Money product. Money 2007 (M2007) Deluxe has been available as a trial version on Microsoft's website even a week before the official version was available in Retail Stores. I strongly advise everyone considering a purchase or an upgrade to take advantage of this Trial version, before buying the product. It is good for 90 days and has few limitations.
I have been using Money 2006 (M2006) Premium which is essentially the same as M2006 Deluxe, execept for some special offers. I installed M2007 and told it, NOT to remove my M2006 installation. Since M2007 upgrades the data file to a new format that is incompatible with earlier versions of money, I made a copy of my data file to be used with M2007, so I could still access my data through both versions. When I started M2007 for the first time and selected the newly made copy of my data file, M2007 converted this file to its new format without any problems and saved a copy in M2006 backup file format.
Overall M2006 and M2007 are extremly similar. Looking at the kind of things I use Money for, there is NO difference whatsoever. They both have the same minor shortcomings/bugs and their behavior is indistinguishable from one another. I do not download online statements, so I cannot say, if that area has been improved. Also M2007 has a new kind of "Spending and Savings budget" feature, which is the only noticable change compared to M2006.
All things considered, M2007 does not add much (if any) value over M2006, so I will only give it 3 stars. If you haven't upgraded in a while, consider M2007, since it seems at least to be stable (which couldn't be said, i.e. for M2005). If you haven't used Money before, then M2007 seems like a good version to start. But don't forget to try before you buy! Go to Microsoft's website and search for the Money Trial version.

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Microsoft Money 2007 Deluxe brings all your personal accounts – banking, credit and investment – in one place and provides the tools you need to improve your credit and debt and tackle tax time with ease, so you can spend less time worrying about your money and more time enjoying it.

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7/22/2011

Money Plus Deluxe Review

Money Plus Deluxe
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I tried upgrading from Quicken 2007 to Quicken 2008 and was unable to do so without errors that caused my new installation to give an error message, remove new changes, and stop the installation.
I called Quicken tech support and the guy in India (while nice) could only help me do the same things I'd already done and that did not work. After 2 tries, he said, "I don't have any other ways to help you. Try calling Microsoft and see if they can help you. Here's their 800 number . . . Goodbye!" He hung up on me.
I decided to download Money 2008 for their trial period. Money installed immediately and completely! It transferred my Quicken data accurately and fully. (I have used Quicken for at least 16 years and this was a "big" change for me.)
I ended-up purchasing Money - on-line - from Microsoft and making my full change to their financial software, within a week from trying Money 2008. I was VERY HAPPY with the way Money worked, its interface, and its various options. It was easy to change from Quicken!!

MOST OF ALL, I liked being able to get tech support from Money's email help. My actual experience was to have an email within 4 hours, that included a name and phone number if I needed more help. (I had a small problem inputing my serial number because I had my system set to a larger than normal sized font. Money would not allow the necessary information for each spaced section. Their tech support wrote back to me with the help (answer) I needed - I had to reset the system font size to normal (which they told me how to easily do. My serial number information was immediately accepted with no problem. Now, I am the happy owner of Money 2008 and no longer an Intuit/Quicken user.
I must say, my only disliked feature of Money 2008 is it wants to send each electronic check I write for paying bills - individually, instead of allowing me to write all my checks and then send them at the same time.

I will take this problem - happily - since I now have updated financial software that is not "buggie" and with no tech support that actually helps me.
I am going to be a Money user from now on. I highly recommend Money 2008.

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MicrosoftMoney Plus Deluxe Win32 English US Only CD Mini Box Non-Rebate

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6/24/2011

Quicken Home & Business 2011 Review

Quicken Home and Business 2011
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I was not a beta tester and was not "encouraged" to write a glowing review by Intuit. This review only speaks to the question of whether this is a worthwhile upgrade from the 2010 version. The 2011 version contains very few new features when compared to the 2010 version. Whether you find these new features worth the upgrade price is debatable. The quicken site is a bit misleading in their "new features" list since many of the items they mention were already in the 2010 version. As with past Quicken upgrades, they largely give you MORE of a existing feature, and not much in the way of new features. So, for example, MORE banks are supported for direct connect. MORE transactions can be automatically categorized since auto-categorization already existed. So in these cases, if your banks are already supported and you don't use auto-categorization, then these enhancements are irrelevant. So for those thinking of upgrading from 2010, here's the list of only NEW features in the 2011 version:
- All Transactions register: This could be handy if you use many accounts and want to enter, maintain and view your transactions in one place. However, if you download transactions from your banking and investment institutions, the download window does not show up when you are in this mode, so you will be forced to continue using the individual account registers anyway.
- Register customization: You can decide which columns appear in each individual register. Transaction Notes can now be shown/edited as a column instead of treating them like an attachment.
- Attachment Encryption: I'm fairly certain this wasn't in the prior version. I guess you can now password protect attachments.
- The usual "Where's Waldo" changes to the program: They've moved menu items and eliminated speed button lists in registers. I imagine they did this to make the interface "look" simpler/cleaner, but now you have to rummage through the menus to find them. So, for example, the "Live Community" speed button was eliminated; It is now found as a "Help" menu item. Also, each account's "Overview" speed button has been eliminated; You now find that in the "Account Actions" menu. Since it is likely that the eliminated speed buttons were rarely needed by most users, the changes will be well received.That's it! Is it worth the upgrade? You decide.


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Quicken Home & Business 2011 gives you the personal finance features found in Quicken Premier plus tools that make it easy to see how your home business is doing.
Always know how your home-based business is doing.

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6/17/2011

Quicken Home & Business 2011 Review

Quicken Home and Business 2011
Average Reviews:

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I was not a beta tester and was not "encouraged" to write a glowing review by Intuit. This review only speaks to the question of whether this is a worthwhile upgrade from the 2010 version. The 2011 version contains very few new features when compared to the 2010 version. Whether you find these new features worth the upgrade price is debatable. The quicken site is a bit misleading in their "new features" list since many of the items they mention were already in the 2010 version. As with past Quicken upgrades, they largely give you MORE of a existing feature, and not much in the way of new features. So, for example, MORE banks are supported for direct connect. MORE transactions can be automatically categorized since auto-categorization already existed. So in these cases, if your banks are already supported and you don't use auto-categorization, then these enhancements are irrelevant. So for those thinking of upgrading from 2010, here's the list of only NEW features in the 2011 version:
- All Transactions register: This could be handy if you use many accounts and want to enter, maintain and view your transactions in one place. However, if you download transactions from your banking and investment institutions, the download window does not show up when you are in this mode, so you will be forced to continue using the individual account registers anyway.
- Register customization: You can decide which columns appear in each individual register. Transaction Notes can now be shown/edited as a column instead of treating them like an attachment.
- Attachment Encryption: I'm fairly certain this wasn't in the prior version. I guess you can now password protect attachments.
- The usual "Where's Waldo" changes to the program: They've moved menu items and eliminated speed button lists in registers. I imagine they did this to make the interface "look" simpler/cleaner, but now you have to rummage through the menus to find them. So, for example, the "Live Community" speed button was eliminated; It is now found as a "Help" menu item. Also, each account's "Overview" speed button has been eliminated; You now find that in the "Account Actions" menu. Since it is likely that the eliminated speed buttons were rarely needed by most users, the changes will be well received.That's it! Is it worth the upgrade? You decide.


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Quicken Home & Business 2011 gives you the personal finance features found in Quicken Premier plus tools that make it easy to see how your home business is doing.
Always know how your home-based business is doing.

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6/10/2011

Quicken Premier 2011 Review

Quicken Premier 2011
Average Reviews:

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I have a love hate relationship with Quicken. It is a great concept; it is very helpful in managing personal finances and is a program I use daily. I don't buy the upgrades every year, if they can be called upgrades, but the last version I had was Quicken 2006. I held off buying 2010 for a few months knowing 2011's release was around the corner. I learned I don't like not having access to my finances daily. During that time I tried all sorts of other types of financial programs, but none were close to Quicken, which is scary because as much as I like it, the actual program is TERRIBLE - for length of time it has been available. Mint.com(Owned by Intuit/Quicken) was the only program I thought was very good, but it is terrible for investments. Overall, I see very little difference in this version than my 2006 one; clearly there are a few new features but certainly nothing that made me jump up and down. This is pretty amazing considering the price and the 5 version "upgrades" between, but very little has actually improved. Clearly this is the benefit of having a monopoly; you can do virtually nothing for years and still have the best in breed. In 4 days of using Quicken 2011 it has crashed about 4-5 times a day, same old Quicken.
Quicken 2011 is the best personal finance program available, but the lack of innovation and true upgrades is shocking. The graphical displays are very outdated, and I find the lack of being able to increase text size mind boggling. I hope this version holds me over till the long awaited, fabled, complete overhaul. Or maybe a new company will evade being bought out by Intuit and deliver a superior product. I assume the acquisition of Mint by Intuit will start to actually improve Quicken in the next couple of years.
In conclusion, I give Quicken Premier 2011 3 stars, I can't see it being anymore and am baffled by people upgrading from an older version giving it a higher rating.
EDIT 3/12/11 - Upgrades to Quicken 2011 improved stability a couple months after I purchased. I can say this is a Stable program now on my platform. Does not change the rating.

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Quicken Premier 2011 has all of the features of Quicken Deluxe--plus investment management tools to help track your portfolio performance and help maximize your investments, with step-by-step guidance along the way.
Comprehensive investing and planning tools help you easily track, analyze, and optimize your investment portfolio.

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