Organize and manage your personal finances quickly and easily

Managing your financial affairs can be a real drag and, unless you’ve got piles of cash stored in your basement, it can be easy to lose track of where your cash is going and ensure that all your payments are made on time. Unless you can afford to keep paying an accountant, it’s a good idea to invest in a decent home accounting application like AceMoney to help you keep tabs on your cash.

AceMoney is one of a number of apps designed to make it easier to track your income and spending than using a spreadsheet (or writing it all on the back of a beermat). The software is very simple to pick up and start using, thanks to its clear icons and navigation bar. Unlike many of its peers, AceMoney includes a facility for viewing all of your money at once through its accounts overview feature, where you can check accounts, investments and pending bills from one place.

The banking features in AceMoney are simple-to-understand and besides allowing you to view your accounts, an online facility gives you direct access, allowing you to make transfers, deposits and consult live details through AceMoney. This sounds great in theory, but in reality there are only a few banks registered with the system and no credit unions. Besides its banking facilities, there’s a useful portfolio manager in AceMoney for keeping a check on your investments and nine different reporting tools to help you better chart your financial progress.

Although these features are well executed, there are areas where AceMoney is somewhat lacking. For instance, AceMoney’s financial planning section is very sparse and basically amounts to a calculator for working out loan repayments and savings plans, rather than tools for helping you plan all your finances ahead. There are also no tax options, so these calculations have to be done in another app and copied into AceMoney, which could lead to errors.

AceMoney is a good value program that offers a simple way to track your financial transactions in order to keep your head above water. However, if you’re running a business or need to plan your finances in great detail then the software is somewhat lacking and it’ll be worth splashing out for a more powerful application.

Updated Bloomberg data sourceFixed CashFlow report date filtering errorFixed calculation of custom fiscal year end dateAPR value is no longer dependent on currency formatFixed minor bugs

Changes

• Updated Bloomberg data sourceFixed CashFlow report date filtering errorFixed calculation of custom fiscal year end dateAPR value is no longer dependent on currency formatFixed minor bugs

Personal Finance Software for Mac OS X or Windows – AceMoney

AceMoney helps people organize and manage their personal finances quickly and easily. It supports all the features required for home or even small-business accounting needs.

AceMoney supports checking, savings, credit cards, loans, debt accounts. You can even create your own account type, such as a cash allowance for your kids! The program has more than 100 predefined spending categories. Setup budget limits for every category and track the difference between actual and budgeted values. The software supports more than 150 currencies and automatically downloads their exchange rates from Internet.

Generate any report by categories or payers/payees, including pie charts. Now you can see at a glance how much you spent on food last month. Find all your withdrawals and deposits by any parameter. AceMoney takes control over your bills and shows you when they should be paid. Enjoy the security of password protection of every file, scheduled backups and many other features without having any experience in accounting!