IBank 5 for Mac is personal finance software that is packed with features and very easy to use. Review the offerings to determine if this level of financial management is right for you. IBank 5 requires Mac OSX 10.8 or higher if you buy directly from the developer, or OSX 10.9 if you buy from the Mac App Store. IGG Software has released iBank 3.4, an update to their personal and small business financial management software for Mac OS X. A free update for registered version 3 users, iBank costs US$60. Brought to us by IGG Software, iBank is a shiny personal finance application built for the Mac that claims to be “the Quicken Killer.” While I’m not sure if iBank poses the certain death of Quicken just yet, the idea is intriguing.
![]() Best Overall: QuickenIbank Financial Software Pdf
Having been around for several decades, Quicken is one of the most established personal finance software on the market. You can use the software to manage various aspects of your financial life from budget creation to debt tracking, savings goals, and even investment coaching. The software features Excel exporting, which allows you to manipulate and perform additional calculations on your data. One of the more advanced features includes bill paying, which allows you to set up payments for your bills right from the software. You can even use it to track the value of your assets to have an accurate calculation of your total net worth. The app is robust enough to manage both your personal and business expenses and even handles property management functions like rental payments from tenants. The software starts at $34.99 and is available for Windows, MacOS, iOS, and Android.
Account Management and Smart ReportingIbank Financial Software
To start using iBank 5, set up accounts to mirror your real financial accounts. Once your accounts are set up, you'll find them listed on a sidebar with the balance for each one. Enter transactions as you spend money or receive income, or download transactions to track balances accurately.
iBank 5 gives you two ways to download transactions: direct connect and web download. Direct connect is more automated and updates all accounts at once. The web download requires you to go to the online banking site for each of your financial institutions, and then download and import transactions. iBank has a browser that's integrated with the software to make handling these downloads less tedious. Of course, you can also enter transactions by hand directly into the registers for each account. Images can be attached to transactions, such as a photo of a receipt or warranty.
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iBank 5 can be used to track cash, checking accounts, savings accounts, loans, investments, and credit card accounts. Your accounts and other financial information can be synced with iBank's mobile apps: iBank for iPad, iBank Mobile, and iBank Investor.
Smart Accounts Reporting
iBank 5 Smart Accounts are great for viewing a group of transactions that are set up based on the criteria you select. These accounts are not regular financial accounts but are groups of transactions from various accounts based on the rules you set up. Lenovo 3000 n500 drivers. iBank suggests that users regard Smart Accounts as smart playlists in iTunes or smart albums in iPhoto.
You can choose from a wide selection of criteria to define a Smart Account, such as multiple budget categories, dates, payees, and investments.
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