Microsoft Money 2005 Small Business is the comprehensive finance solution that makes managing your business finances easy. Completely rebuilt for simplicity, Money makes handling finances easy with speedy setup, automated tools that reduce the need for manual entry, and adaptable Essential and Advanced features that enable a more personal experience. Following is an overview of the software's new and enhanced features. Money has been redesigned to bring more people into the personal finance category. Everyones financial wants are different. For the user who doesnt want to spend time on their finances but just focus on the essentials, they can easily access their account balances online, have their transactions automatically categorized and instantly see where their money is going. They have ALL their financial information in one place, with minimal to no typing. For those people who like to pore over the details, Money gives you more with its advanced views. Money 2005 one product, different user perspectives.
1 MS Money 2005 Beware- Bugs, Flaws & General Issues
Money 2003 was an awesome product and I dropped Quicken after 6 years to use it. But the latest version that incorporates business forms and accounts should have remained in beta.
This is a flawed product that is a step back from previous versions. The conversion from earlier versions of Money can cause file corruption problems. The product has a feature to import contacts from Outlook but it is "buggy" and causes problems. When I called MS tech support the support rep said do not use it. They claim you can share you information with other MS passport Users but it does not work. After two hours on the phone with MS they finally admitted it was a flaw. As the other review says, the invoice feature is a joke. You spend time customizing your invoices and then when you go to save them all images and formatting are taken out and only a text file is saved. There is no PDF capability. And you can not e-mail your newly designed invoice as it also creates a "bland" text file.
When i called Microsoft, American Express and Wells Fargo Tech support ( all support product) all support technicians said they hear nothing but problems with this product.
Money 2003 and 2004 were great. What a let down 2005 Small Business is. Stick to Quicken and Quick books and save your self hours on toll calls to tech support that results in no known fixes and no information in the MS Knowledge base.
2 Stay away!!
Don't make the mistake of buying this product. Learn from my mistake, I lost my hard earned $90 on this useless buggy piece of software.
I am still no able to digest the idea that you have to keep all your banking information on their servers to be able to receive bank transactions automatically. If you are concerned about security and automatic transaction updates are important to you, do not buy this product.
Other problems:
- Does not updates bank transactions consistently
- Clicking on update creates accounts one more time instead of just downloading the transactions
- Custom invoice template is a big mess. You can create custom templates and save them. But, you cannot edit them or use them to print invoices.
I wonder what kind of dimwit product manager has managed and released this product.
I wish there was some kind of consumer protection law that would let me return this product and get my money back.