iFinance 5

I had a file with my finances that I usually edited from my Mac. When I accessed it from my phone, I lost all my data for the month. Fortunately, there's a backup feature that allowed me to restore the previous month, but the current month's information was lost. Terrible syncing.

It can make combined transactions - transfer between accounts. List of transactions is pure mess - i list transactions sorted by date from the newest on the top, but in case where there are few transactions the same day - they are sorted in opposite order in that day.To find account balance in this mess is almost impossible. It can export data but only in cvs mode, buggy but it can. Debit and credit transactions are exported in the same column - difficult to import to other program. I requested to separate columns by colon, it used semicolon. Reports - forget this part. Absolutely useless. Simply can not generate report comparing incomes and expenses for specified account.

When I have repeating entries (like a credit card). I like to add/split the transactions. It gets annoyying answering every click "do this to all transactions?". Also, the database isn't uploading smoothly from phone to macbook. I click, "keep new version" and it loads an older one???? It may be something I'm doing wrong but dang it......how am I supposed to know?

I’ve been using iFinance for maybe 10 years or so and over a few upgrades. None were perfect but about the only decent register for a Mac. I usually don’t buy upgrades when I’m satisfied with what I have but this time I decided to give it a spin. Boy was that a mistake. Version 5.5 is about as confusing and non-functional as they get. Not sure what country these developers are in or if the even know anything about finances. When you enter a payment you’d think it would be the “title” for the transaction but you’d be wrong. The title is now entered into the “Purpose” field which most people would think that would be a comment on what the transaction is for. Syncing between an iPhone and the laptop is impossible for me. The migrating notice displays and never ever does anything after an hour. Want to reconcile your account? You can forget that too. There is no place to enter your banks beginning and ending balance. How do you reconcile without that little piece of information. Glad some of you had good luck but for me this one is going in the trash and going back to version 4. A true waste of $20

It sounded good, but this is an OLD and Outdated App. Even worse, it charges an additional monthly or annual subscription FEE if you want to connect to your banks to download transactions. If I knew that I would never have purchased it!! AVOID this App.

While they think they have improved things, for those of us used to having an area for reconciling and balancing accounts, by eliminating that function, I missed several critical entries that were not posted. You need the amounts (especially for bank accounts) across the top to make sure everything gets entered. It also is much harder to find the key to make new entries.

Although this might be good to organize a budget, unless you want to pay $50/year to sync your accounts, thereby making it more user friendly and accurate (instead of doing everything manually), then I would avoid it. I discovered the fee after purchasing as the sync popup didn’t mention that initially (just wanted me to create an account - which I didn’t do as I was demoing it). If I had, I would have seen this and never purchased the app.

There’s several little bugs with iFinance 5, even though we choose to wait a long time before upgrading from 4. It’s disappointing that the software group hasn’t ironed these out just yet. Hopefully they will at some point.

I’ve tried other apps for my finances and I always come back to iFinance. It just works. I manage my family and my in-laws accounts and iFinance has helped tremendously. Only one thing I would like to see added is the ability to clear the cache. For example in the Purpose field. Everything I type is cached, including the things I misspelled. Now if I start to type a common purpose I get all the misspellings with it. Same issue for Tags and Comments. I wish I could wipe it out and start fresh.

I have enjoyed the I-Finance application for many years. No complaints. However, I forgot the database password because I have had the application so long. This prevents me from using the mobile app. On the iPhone.