I know that it all depends upon what you want to use the software for. So here are my first pass requirements:
Basic transaction accounting Download (synchronize account) activity with my bank without fee (possible?) Manage my portfolios (not required)
Bill pay is not necessary---I do that in other ways.
Thanks!
For portfolio accounting I use 'KBH Investor Accounting' .
The program will track the intermediate value of a short sale or of an option write and those are fundamental investment positions. The program is professional in nature in that it equally weights all functions. The program is professional in nature in that it is a record of inputs and not a superficial accounting. The program includes realized transaction matching and the program features overall year-to-date results.
Here is a user link to the program:
Number 1 reason I use GnuCash. I prefer to use my time checking finances, not virus infections, Trojans and other malware.
This link will show you what GnuCash is capable of:
Still no online banking (no bill payment, no direct online download of transactions...) Sigh.
FWIW, I switched from Quicken to Money because Money handles options trading and Quicken doesn't. I'm using Money Deluxe 2003. It's not perfect, but I've avoided upgrading because it sounds like I'd be inviting problems. I download transactions from some institutions, but not others. The ones that don't work, or don't work right, I fix by hand.
OOps that was it Money Dance; not GNU Cash as I see GNU cash is a Linux only app. At the time I used it (about 1 year ago) I was considering switching to Money, but ended up staying with Quicken as Money hogged to many resources.
Onedoctortoanother:"Ifthisismyrectalthermometer,wherethehell'smypen???"
Contrary to what has been said, GnuCash can run on all UNIX systems, not just Linux. A long time ago I had built the binaries for SGI IRIX which atleast for many years were available for download from GnuCash's web site.
So I started off on GnuCash, and then exported my data to Money...I think. Can't remember because this was about 3-4 years ago. My issue was that GnuCash required too much effort to build and configure...eventually I reached a point where I could not build it on my aging SGI Indy and I decided to try out Money which was part of a freebate deal with TaxCut. Since then I'm using Money Deluxe.
-- Himanshu
I access my credit union directly and use Web Pay thru them. No middleman like Intuit involved
What do you mean by this? I can download direct using the QIF or QFX formats. Only thing I don't have are those institutions that require a tie in link with Intuit.
"Martha" wrote in news: snipped-for-privacy@centurytel.net:
No, it is not.
Nope, sorry. But, if you want a nice, freeware money manager that I believe can import Quicken format files (it does import several standard formats), they try ACE MONEY LITE:
snipped-for-privacy@gmail.com wrote in news: snipped-for-privacy@f14g2000cwb.googlegroups.com:
I concur. If I actually boought software, I might as well :) . I still may, since I do have the desire to have a mutliple accounts on one tool/file.
If it isn't by now, then it probably never will be ... which is to say, it probably never will be.
To be fair, I've never used GnuCash, so take what I say with a pinch of salt, but the website appears not to have had news for the last 2 years, and I've never heard Linux distros trumpeting it, so I'm assuming that it's a bit of a dead dog.
Late last year I bought MS Money. It's a full-featured personal finance package for around 20'ish quid from Amazon. It's quite good, it even updates your portfolio from the internet. I like freeware as much as the next guy, but considering the price of MS Money, why dicker about?
Maybe Quicken is better, I don't know. But I'm betting that both Quicken and Money are quite good, so you pays your money, and you takes your choice. Neither decision will turn out to be a disasterous one.
Umm, Mark, just _where_ did you go looking for GnuCash?
The GnuCash site, has this line prominent on it: "Announcement: GnuCash 1.8.11 Release - (2005-02-07 01:51:04)"
Perhaps your GNU-fu is on the blink? :-)
Cheers, Gary B-)
While reading some threads in here and quietly (mostly) fuming about the QIF import fiasco, I stumbled across some recommendations for Moneydance. My experience with Money was, in fact, disastrous, and sent me running back to Quicken, as much as I hated it. This was a very long time ago, and YMMV.
I downloaded the trial version of Moneydance, and have now forked over my $29.99 to purchase it. The trial version's only limitation is 100 manually-entered transactions, and since I designed an entry form that generates a QIF file, which Moneydance is quite happy to import without limits, I could have gotten along with the trial version for quite a while.
Having been a Quicken user for over ten years, I'm having to learn a different way to do some things, but it's a pretty nice bit of software, and since I learned about it in this group, I'm happy to pass my recommendation along in this group as well.
So, if you're trying to decide between Money and Quicken, give Moneydance a look, while you're at it...
Stan
An open Sorce in development program that you may want to look at
Just another option to look at, though I don't know if it is what you are looking for.
MS Money = WinOS GNU Cash = *nix
If I were to go Linux, gnucash would be my baby.
Craig
Just had a look (although I'm not the person above).
-basic transaction accounting OK (didn't check about multiple accounts)
-download may be fiddly, but if you tell Windows that this programme is the default for your bank's statement file type, maybe there's a quick way of downloading and then clicking "open with this programme"?
I mention this because I can't make it work with Quicken: it starts a bamboozling wizard each time, perhaps as a deliberate cripple by intuit.
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