Scan & Fix 50 registry issues FREECNET Editors' review
iBank is a full-featured financial management app that can help you track bank and credit card accounts, keep an eye on your investment portfolio, generate a variety of reports, and help with budgeting and planning.
iBank's interface has a very Mac-like feel: a toolbar sits over two panes, one for sources on the left and one for a transaction register on the right. Unlike the previous version of iBank, transaction editing happens right in the register view, with drop-down tools for categories, splits, and memos, and you can perform calculations when entering amounts. The right pane is also where you look at charts and reports (which update dynamically as you change data, and which you can print easily), and you can also use a visual, "envelope-style" budgeting system here (which lets you set up envelope icons for different budget categories, allowing you to carry money forward or swap between envelopes). Templates make entering repeat transactions easy (as iBank remembers the criteria of past transactions), and "smart accounts" let you set up dynamic, user-defined categories similar to iTunes' smart playlists. iBank also includes a number of really handy extras, like camera integration (so you can snap a pic of a receipt and tie it to a record), good support for MobileMe and iBank's iOS app, and a flexible and robust system for importing data directly from financial institutions (along with support for OFX, QIF, and QFX files).
iBank still has some shortcomings (for example, there's still no online bill-pay), but otherwise this app hits the sweet spot between power and simplicity, at an affordable price. If you're looking for personal financial management software, iBank is one of the best in this category, and its 30-day, full-version trial is definitely worth checking out.
Publisher's Description
From IGG Software:
Fast, powerful and intuitive, iBank 4 is a personal finance management app designed to help individuals and small businesses track bank accounts, credit cards, loans and investments; analyze income and expenses; and plan for the future with budgeting and reports. iBank can import data from PC or Mac versions of Quicken, and download transactions from online accounts through Direct Connect or through its built-in browser. Full-featured yet simple to use, iBank can also monitor account balances, set budgets with iBank's envelope budgeting feature, print checks, attach files to transactions, generate and save detailed reports, work in multiple currencies, or export to TurboTax... iBank handles all this and more. Also available: iPhone or iPod sync via iBank Mobile (sold separately at the App Store) so you can enter transactions on the go.
What's new in this version:
- Logging out of IGG Customer Account crashes iBank
- Integrated Browser Producing Blank Screen After Login to BofA
- CSV file imports with all months set to January
- Can't open files attached to transactions
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All versions:
3.0 starsout of 72 votes
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Current version:
1.5 starsout of 2 votes
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My rating:
Write review
Results 1-2 of 2
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"Still not as rich in features as Quicken for Mac 2006"
Version: iBank 4.5.1
Pros
A good application for simple checking account tracking.
Cons
1) Poor downloads from most financial companies especially Vanguard
2) No way to seperate ordinary income from tax-free income
3) Very poor reporting screens.Summary
I would still be with Quicken if Intuit hadn't screwed up the program and failed to update to the newest version of Mac OS. If I had not gone through so much pain in transferring my Quicken account to iBank (almost 20 hours to check and recheck 25 years of transactions), I would consider Quicken for Windows using BootCamp.
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"Does not reconcile transactions w/o a lot of work"
Version: iBank 4.5.1
Pros
Imported transactions from Quicken without issue. Nice layout and easy features.
Cons
To reconcile your transactions (even ones that were already reconciled in another program) you have to download all your bank statements and manually enter the beginning and ending balances and the statement dates. Even after all of that it doesn't recognize all the transactions and you have to go reconcile them manually. Given I had three years of transactions that was just not a task I wanted to undertake.
Summary
Decent price. Nice layout. If they make transaction reconciliation easier (like in Quicken) I might consider it in the future. It is too much trouble to have to go back years of statements and enter each manually to reconcile transactions that are already reconciled in another program.
Results 1-2 of 2
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