I have downloaded the 30 day trial to see whether this will replace my MS Money system.
Unlike many users the End of Life notice for Money is not a big concern to me - it will still work for years to come, what is though is that I find a product that is as good and adds something new.
Sadly, this isn't quite it.
The transaction entering is great and a lot faster than Money.
Scheduled transactions is logical and template transactions are brilliant.
However,
You cannot apply a scheduled transaction ahead of its scheduled date. This means items like monthly salary payments which are "on or around" cannot be moved to the date then came in. This makes trying to get an accurate picture of you real current balance, across multiple accounts, is flawed. This is also the case, with regular payments which are not always applied (e.g. I buy a train ticket monthly, but not if there are less than 20 working days in the month), with Money I simply skipped the payment, with this I have to wait until it has been entered.
I also HATE the need to specify the number of transactions that are to be made - Recurring DDs or standing orders do not have to stipulate this.
Trying to reconcile a bank statement is like pulling teeth. Money allowed you to enter a statement by tracking the opening and closing amount of the statement, which meant looking for missing amounts was tracked. There does not seem to be amy support for this.
The big "easy" buttons screen works very well, but as soon as you have done something you need to use the "non-easy" way to find it.
My biggest gripe is that the status of every account seems to be listed on a per transaction basis on the same "reports" screen. This makes life incredibly complex as you have a mix of "Real Accounts" and "Accounting Accounts" displayed at the same time.
But, I like the way it handles some accounting things
I can't decide whether at £25 this is worth perserving with, which is a shame, because as an accounts package, it does have a lot of nice features.
Unfortunately, the 30 day trial highlights more what it can't do and less what it can.
My advice is - Try before you buy - if its the right thing for you, then great, if not, they you will know after using the trial for a month.
Update (Trial day 4)
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Having continued to try and get to grips with this product, I imported all my MS Money accounts. This took hours! Firstly, every account and category had to be mapped to a newly created one - this process was laborious. Then, after much crunching all the transactions came in - but the WRONG way around. The simple "from" and "to" is wrong on the import, Money coming off my current account in Money should be a "to" account not a "from account". With bugs like these I have now made up my mind.
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