Friday, February 12, 2010

MoneyWell 1.5

MoneyWell 1.5 is a nice update to the financial application that I’ve switched to from QuickBooks. I couldn’t be happier. Previous versions weren’t difficult to use, but 1.5 cleans up a bunch of interface issues that had been slightly bothering me, and it feels much smoother now. Although it’s marketed for budgeting and cash flow, MoneyWell works well as a simple tool for reconciling accounts and keeping track of categories for tax reporting. Unlike QuickBooks, it does not support invoicing, so I’m using Billable for that.

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I use MoneyWell daily, and find it the best personal financial application around. Strangely enough, your post is the first I've heard of this release (which I now found using "Check for updates"). Thanks for the heads up!

I have been a Quicken user for over 10 years, but have grown to hate it. Even worse is that I am in Australia and the local company that localises Quicken has never released a Mac version and shows no interest in doing so. So I have to use Quicken via Parallels which is a pain.

I've tried to use Moneywell - I have a license - but I have never been able to really get it. Hopefully this version will be better, but it would be great to see how others use it. Demos and walkthroughs would be really helpful.


Did you look at the videos on their site? They also have some articles that give some hints how to use it.

I've also written a couple of articles on specific subjects about MoneyWell on my blog. You can find them here:

Love moneywell but how to I get a balance sheet of P&L?

Sorry, balance sheet OR P&L?

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