Liquid Ledger

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  • 4.0 stars

    "Limit Functionality and Expensive"

    January 9, 2007  |   By tahoerob

    Summary

    This review was originally posted on VersionTracker.com.
    Like many, I've been searching for a better Quicken. After evaluating several applications - MoneyDance, Jumsoft's Money, and LiquidLedger - I bought Quicken 2007. None of these programs come close to matching Quicken in terms of features and stability. Yes, Quicken has its problems, but the alternatives are far worse (and more expensive).

    LiquidLedger's interface is decent, but doesn't really offer much over Quicken. I like the fact that splits are shown at the bottom of the window, in their own dedicated area, versus Quicken's inline splits. I've always hated the way Quicken makes the user open and close splits in the register. LiquidLedger also seems to have pretty decent support for multiples currencies, although I never really tested this feature.

    If all you want out of an accounting package is a ledger/register, this will do, but why not just buy Quicken? LiquidLedger is so feature poor in all other areas, from investing to reporting to online banking, that I can't see any advantage to using this program - especially since it costs *more* than Quicken. Furthermore, if you need to export QIF files, LiquidLedger's QIFs are problematic. I was unable to import them into Quicken, so I've had to manually re-enter all of my data.

    As much as many of us are hoping for a "Quicken Killer" to emerge, there's nothing close out there now. I'm most optimistic about a new little app called Cha-Ching. The interface is a knock-out; simply gorgeous. If they manage to deliver a solid feature-set, stability, and good interoperability, they'll get my vote. But, for now, I'm sticking with Quicken.

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