How Can I Send A Music File From My Iphone There’s No Shortage of Money Management Software for Mac Users

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There’s No Shortage of Money Management Software for Mac Users

Anyone in business needs financial management software to keep track of all income and expenses for tax purposes. With the wide range of online services, payment providers, online financial institutions, products sold, and sales that an Internet marketer needs to track, good record keeping and financial management are essential. Fortunately, your Mac can help you with that.

At one time, Mac users had Quicken and that was about it, and even Quicken threatened to leave the Mac at one point, causing quite a scare. Today, Mac users have an embarrassment of riches when it comes to financial management software, for Mac, online, and for iPad and iPhone.

The biggest challenge today is not finding a good money manager program to keep track of your finances, but choosing the best from a wide range of options, both free and commercial. Some of the choices include Buddi, Budget, Burn, Debtinator and iBank.

However, internet marketers have special needs and requirements that need to be met and so care must be taken when choosing financial management software. The best way to choose may be a process of elimination. Many of the software offerings available aren’t aimed at marketers.

Buddi is a basic financial manager that does not support online banking or multiple budgets. As its name implies, budgeting is not aimed at marketers, but at those who want to control their expenses. Buxfer is aimed at tracking the shared expenses of groups of friends, roommates or co-workers – for example, who paid what portion of a shared dinner check. Debtinator is mainly for those who need to get their debts under control.

That leaves us with iBank and Moneywell. Yes, Quicken and QuickBooks too. Also various online or “cloud-based” financial managers.

iBank (IGG Software – $60)

iBank is commercial software that allows you to import data from Quicken, store your checking and savings accounts, cash and credit cards and investments, download data directly from your bank, set up category hierarchies and assign categories to all your transactions and share them. Transactions category for detailed tracking. It also offers detailed account creation, budget investment tracking, and data synchronization with your iPhone.

MoneyWell (No Thirst Software LLC – $50)

Moneywell is a commercial package with a strong focus on budgeting. It offers direct connectivity to banking, envelope budgeting, and transaction and cash flow management through a streamlined, single-window interface. It can import data downloaded from your bank in QIF, CSV, OFX or QFX formats. It has a “Smart Fix” reconciliation feature that tries to catch the most common mistakes that occur when you reconcile your account, and a running balance feature that lets you drag and drop transactions to rearrange them in date to match your bank records. It also has iPhone integration.

There are other financial software available for Mac that are aimed at those who provide services and need to track billing and time. iBiz 4 lets you manage projects, track your billable hours and generate invoices. ProfitTrain is an invoicing software that lets you manage multiple businesses, track multiple clients with different hourly rates, keep balances, and send estimates. Billings lets you track time and expenses, invoicing, tracking overdue customers, and sending invoices.

Online or “cloud-based” services include Buxfer and Mint.com (now owned by Intuit). They have the advantage of being free, at least for now, though upgrade plans are available. They typically let you download transactions from credit card and bank accounts, tag and organize your transactions, graphs and charts to keep you informed about your finances, and an iPhone interface that lets you log in and view your transactions on the go.

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