Domain Name Com's Software Microsoft Money 2007 Deluxe [OLD VERSION]

Software Microsoft Money 2007 Deluxe [OLD VERSION]

Domain Name Com's - Software : Microsoft Money 2007 Deluxe [OLD VERSION]

- Bad bad software
Having bashed my head against the Microsoft Money wall across 5 different versions over the last six years, I'd like to recommend to everyone in Amazonland that you *do not* purchase this software. From the innumerable bugs, to the backwards incompatibility, to the bad customer support and confusing interface . . . I assure you your time will be better spent using Quicken, www.yodlee.com, or Microsoft Excel to do your finances. This product line is, quite simply, crappy. If only I could bill Microsoft for the hundreds of wasted hours I've spent trying to feed information into this software, only to output hundreds of colorful charts whose data I don't trust. Now, for a 2005 tax audit, I've found that my old .mny file is unloadable in not only the new, but all old versions of the software! It is the capstone to what has universally been a bad experience. Steer away.

Rating:

- Easy to use product
Product is easy to use. Keeps in touch with my bank, credit cards and investment portfolio. Can be done automatically or manually. Would recommend this product to anyone looking to keep track and organize their finances.

Rating:

- Not much new
I upgraded from Money 2003 to Money 2007 thinking there would be 'somethhing' new or useful. I was wrong. Come on Microsoft. Four years with nothing I can use or new? I do like the new webpage look though. One star for the program and one for the new webpage-style look. Hope four years from now brings something useful.

Rating:

- MS Money is slightly more useful than Quicken, for me
I've recently tried both Quicken 2007 and MS Money 2007. Having been a long-time Money user, it was (again this year) easier to stick with Money, rather than switch to Quicken. Each program has its strenghts and weaknesses.

I find that Money has an easier to use interface than Quicken.

Money still handles .QIF imports, yet Quicken no longer does. Some credit unions do not plan to move away from .QIF, making this important for me.

Money does not import all of my accounts as well as Quicken. I find that I have to do a lot of manual transaction matching for one of my accounts.

For the way I use Money, Money and Quicken are 99% the same. Each has its problems and advantages. In my case, Money won out by 0.1% extra usefulness for me.

I gave Money 3-stars because this program is 0.1% more useful for me than Quicken 2007. I consider the average of Quicken and Money to be the average 3-stars value.

Rating:

- Performance is harassment and functionality is faulty
I am a seasoned user of "Microsoft Money" since 2001 and used Money-2003, 2004, 2006 and 2007 versions. On the subject of convenience and integration of multiple financial activities, Money (and for that matter even Quicken) does a fantastic job.

However, with 4-5 years of usage of 'Money', my money file has grown to nearly 19MB. Due to the large file size, I am getting pathetic performance which is quite annoying. I have a laptop with 2.4GHz dual core CPU and 1GB RAM, however very basic activity such as looking at monthly report, budget report etc. takes 2-3 minutes to display on the screen ! Even if I retry, it once again hangs for 2-4 minutes. I will be lucky if I could get 'any' operation finished faster then 5 seconds/transaction. The problem isn't with specific version but the way Money is designed to store its information. There were some discussion on improving performance by using money data on Database but Microsoft chose not to invest money on any such design change.

Another annoying thing I observed with Microsoft Money is with every newer release one will get fancier but more BUGGY software. So far I found '2004' release best in the bunch but once you upgrade the version and make new entries it is not feasible to go back to earlier version.

Let me give you an example that will explain the problem. Most common activity a user will have is it to download data from financial institutes. Money will connect to these institutes and get the data. It will turn back in 2-3 minutes with newer data and shows status 'done'. On the "Account List" you will see, for example, 5 new transaction and when you inside this account, there is no new transaction listed ! Reason is, though you got 'done' status data hasn't finished downloading. After 2-3 minutes you will get the data in the account. When you see the transactions, you won't be able to 'accept' them as it is waiting on 'something'! In short, after getting data downloaded from the institute, you won't be able to 'accept' them for nearly 3-4 minutes. I am surprised to find that Microsoft is selling software w/o testing such basic functionality !
NOTE:I noticed above mentioned bug only in 2007 release.

I wish to have a better software for my need w/o losing existing data but Microsoft hasn't offered better (not just newer) version yet. Quicken seems to have similar issues. Quicken doesn't allow any migration facility to use existing Money files under their software. Once again, I can just wish that Microsoft Money 2008 comes with higher performance and basic testing.

If you are a first time user, prefer to compare both Money and Quicken for yourself before locking your data with one of the them. With 'Money', once your file grows larger, performance deteriorate significantly.

One last point-- even with above limitations, I am better off using this software then not having it at all. Here I jotted down major limitations of Money; Microsoft does good job of marketing good points so I won't spare much time on that.

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