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Anybody using iBank?

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NV Whino Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-24-11 10:18 AM
Original message
Anybody using iBank?
I want to upgrade to Lion, but Quicken has thrown us Mac users under the bus. I installed a trial version of iBank 4 and it seems fine. Doesn't have some of the niceties that Quicken has, but seems to work. Most of the complaints seem to be that it doesn't track stocks well, but since I don't do that.... I do miss the autofill on payees and on categories, and my bank (not one of the corporate crooks) doesn't support auto downloads.

Anybody have anything to add, any complaints?

I also like the fact it has an iOS5 app.
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Stinky The Clown Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-24-11 11:41 PM
Response to Original message
1. We use it for our personal stuff and for business.
Your description is pretty much spot on with respect to its shortcomings, but for us its fine. At the end of the year we send all our stuff to a CPA so all we really need to do is track income and expenses, and have it all properly categorized.

I am told it works okay with tax programs, but I have no first hand experience in that regard.

Our personal bank, like yours, does not have an automatic download to iBank. They can, however, give us a file that iBank can import directly and easily. It is more or less the difference between a stick shift and an automatic. This particular issue is, to us, a non-problem. Before we threw our Quicken in the garbage it was having huge problems communicating with the bank. To be honest, iBank, to us, is a pleasure in this regard compared to Quicken.

Our business bank is one of the biggies and it speaks directly to iBank. We don't do that banking here so I only know what my partner tells me. She just started us with a new CPA and she said the program's output is perfectly fine with her.

All in all, as an actual user, I recommend iBank.
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NV Whino Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-25-11 08:10 AM
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2. Thanks
That was pretty much my take on it. As long as you don't want to do anything fancy, it works fine. I suspect that as more and more Mac users switch, they will be adding those little niceties.
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