Best Checkbook Software For Mac 2016

Many of us have used Quicken for a number of years. I used it even after Intuit stopped updating the Mac version, out of inertia and the fact that it worked well enough. OS X Lion, however, is pushing all of us out of our comfort zone. Below I compare two very different financial tracking programs, to see if they can fill the hole left by Intuit's abandonment of Quicken for Macintosh. IBank is a complete financial package that helps you keep track of and analyze a wide variety of financial situations. Checkbook Pro is much less complex.

Checkbook software can be a great way to get your finances in order. This software is designed to import and manage your bank account information for budgeting and accounting purposes. Popular for personal or small business use, checkbook. Download free personal finance software to monitor all your bank accounts, spending budgets and checkbook register. Keep track of your money with this easy to use software for PC & Mac.

It does not have all the functionality of iBank, but if it does everything you need it may be a fine option for notably less money. IBank 4 iBank has a nice main window that allows you to select the data with which you want to work, the type of work you want to do and work with the actual data. You can also open any set of data such as an account in a separate window. I found the interface easy to work with, once I figured out the hide and show options. Main Window With Account Data iBank 4 Import from Quicken The technique for importing data from Quicken sounds very easy. Just create a QIF file in Quicken and read the file into iBank. Most popular mac and cheese recipe.

IBank imports the accounts, transactions, securities, categories, and investments from your Quicken file. Scheduled transactions, memorized transactions, budgets, and reports cannot be imported. The first obvious problem was that two-thirds of my accounts did not have the same balance as in Quicken, including all my investment accounts. Transactions that reinvest dividends and capital gains do not import correctly and need to be corrected manually. IBank appears to be aware of this problem and are working on a solution.

Over the years I have removed non-investment data from Quicken to archive. My bank account transactions cover different years from my investment account transactions, which caused problems with the bank accounts. Once I correct these issues, I expect to find other problems. Producing a data set that I trust will be an immense amount of work. Best art software for mac. Quicken's categories and subcategories transferred nicely, but iBank does not have classes. Every category/class combination that I used became separate categories.

IBank has an easy way to merge categories, so this shouldn't be difficult to clean up, just tedious. I think the lack of classes is very unfortunate and limits the program's flexibility. IBank 4 Accounts and Standard Transactions iBank has a number of different account types and investment accounts have different transaction records than the other accounts.

Best Checkbook Software

You can also create smart accounts, which allow you to group transactions into one account that you can display, search, or use to create reports. Along with smart accounts you can also make account groups, where each account group can be displayed, searched or used for reports. Best financial software for mac macworld.

You can only create transactions in the original account. You can search the data in each account from the toolbar or use it to create reports. Another Main Window With Account Data Courtesy of IGG Software Transactions in iBank have some annoying features. You have to create each transaction by clicking on the plus button or using the keyboard shortcut and save each transaction by clicking the save button. When you create a split transaction you have to explicitly add each line of the split. This gets tiresome when you have a lot of data to enter. It is easy to create and edit transaction templates that should make your life much easier.

Best Checkbook Software For Mac

A classic transaction template would be for a paycheck with all the different deductions that are taken out. Transactions also have some interesting additional characteristics. You can attach pictures and files to transactions, so you can see a picture of what you bought, or scan the receipt, or add a link to a contract, which is useful information to attach to some transactions. IBank lets you assign images and colors to each category, making it easier to distinguish different types of transactions. IBank Investment Transactions and Securities List Investment transactions also have their quirks.