Intersemanal: Mac Software Best Finance Software For Mac
Last Updated: November 30, 2018 If you’ve finally had it with the Mac version of, we’ve taken a closer look at the best personal finance software for Mac of 2018. Quicken for Mac has lagged behind the Windows version for years and even though (and the recently released ) were an improvement, the decision to make it subscription only was the final straw for many faithful users. The good news is that nowadays there’s some excellent finance tools on Mac that not only do a better job, they don’t require a monthly or annual subscription to use. Some of the apps featured here are even free like the excellent which blows Quicken out of the water when it comes to investment tracking. There are also some serious value for money Mac desktop apps that can import your Quicken accounts such as the impressive. Apart from price, other reasons the choices here beat Quicken include:. Bank Syncing: Quicken is notoriously bad at syncing with bank accounts.
You’ll find the apps here that support connecting to financial institutions far more reliable. Mobile Support: Quicken’s mobile app is limited and nowhere near as useful as the desktop app. Most of the apps here have well designed iPad and iPhone apps which are clear and easy to use. Investment Tracking: The Mac version of Quicken has never been good at tracking investments. You’ll find software here that do a much better job of managing car loans, home loan amortization, stocks, retirement funds and more. For a more specific look at investment apps, check out our look at the. Less Paperwork: By centralizing all of your accounts with some of the tools here, you should also find that they help you if you want to.
With this in mind, here then is our list of the best alternatives to Quicken for Mac in order of ranking. Is an amazing tool to manage your finances and best of all, it’s actually free to use. If you already use Intuit’s other budgeting tool Mint, you’ll really like Personal Capital because it’s got the same feel but with. Around 1.8 million people use Personal Capital and many of them have switched from Quicken, especially those with investments.
Here’s a summary of why Personal Capital is such a great replacement for Quicken. Yes, hard to believe for a personal finance software worth its salt but Personal Capital is 100% free to use for as long as you want with no limitations. Personal Capital only charges you a small commission if you decide you want to maximize your investments via a personal consultation with one of its own Financial Advisors.
This is completely optional and not obligatory but is there if you want it. It syncs accounts seamlessly in one place.
If you’re tired of constant syncing issues and problems with Quicken, Personal Capital is a breath of fresh air. It syncs extremely well with all major financial institutions, aggregates your accounts and makes it easy to get an overview of your finances.
This includes checking, savings, 401k, mortgage and investment accounts. That’s not to say that hiccups don’t happen as much depends on technical changes made by financial institutions but it’s so much painless than Quicken. You can also download any transactions synced with Personal Capital in CSV format.
It analyzes your investments to save you money. What makes Personal Capital different to many budgeting apps is that it also helps you save money on existing investments. One of the ways it does this is via a fee analyzer and an investment analyzer. For example, the retirement fee analyzer immediately identifies areas where you may be getting ripped-off or over charged with 401K admin or management fees. The investment analyzer does the same for your investments to see where your existing investments and holdings can be diversified to improve your returns. It helps you plan for the future. By telling Personal Capital exactly how much income you expect to have in retirement, Personal Capital calculates exactly how on or off track you are.
It can also assess the impact on your 401k of major life events such as the birth of a child, illness, college fees etc. It also has a comprehensive cost of living retirement calculator which gives you useful insights into your average net worth by age. In fact Personal Capital is easily the best retirement planning software for Mac available. It’s as secure as any bank out there.
Like any major financial institution, Personal Capital is registered with the Securities and Exchange Commission (“SEC”) and has to adhere to the same security standards and procedures. What’s reassuring about Personal Capital is that it doesn’t actually handle your log in details at all. It uses Yodlee which is a highly secure financial credentials management system used by major banks and investment institutions worldwide. This is bank level, military grade security that’s about as secure as it gets nowadays.
Even if your account were somehow compromised, Personal Capital doesn’t actually allow transferring of funds to they cannot be touched anyway. There are other measures that Personal Capital takes to encrypt and protect your data which you can. You can talk to a human if you want to. Sometimes an app just isn’t enough if you really want to grow your money.
Especially if you’re investing large sums, Personal Capital allows you to consult with a Personal Capital advisor who can make specific recommendations based on your personal situation and minimize tax liabilities. You need a minimum of $100,000 to use this service and Personal Capital charges a commission for it but for serious investors, this is a unique bonus the app. Personal Capital obviously encourages you to use one its Financial Advisors but there’s no hard sell if you’re not interested.
You can check your finances on the move. The Personal Capital iOS app is one of the best personal finance apps for iPad or iPhone we’ve tried, allowing you to manage and monitor your finances wherever you are.
It’s clear, easy to use and has lots of features compared to most mobile budgeting apps. The only big gripe we have with Personal Capital is that you can’t import Quicken QIF or QFX files which is disappointing if you have years of Quicken accounts. Another slight drawback is that it doesn’t help you much at tax time. Although there’s dedicated for this, there seems little reason why Personal Capital can’t make things easier when it comes to declarations. Overall though, Personal Capital not only helps you budget better but it manages your investments too and it’s so convenient to have that all in one app. For more information, you can check out our full.
You can also to judge for yourself. Pricing: Free. If Cloud based apps are not your thing and you want a dedicated Mac desktop app, (formerly Fortora Fresh Finance) is an excellent no-nonsense personal budgeting software for both Mac and Windows. Moneyspire doesn’t store your accounts in the Cloud, doesn’t require you to upgrade regularly or subscribe like Quicken and you can download it onto your Mac. Even better, at the moment, compared to the normal price of $49.99 which is definitely a good deal for a desktop personal finance software for Mac on this level.
You can import QIF files from Quicken and likewise, export your accounts to QIF if you move back to Quicken at a later date. Moneyspire supports online bill payments though via both and its own service both of which are free to use.
Moneyspire Connect supports over 15000 financial institutions so it’s safe to say, your bank is probably supported if Direct Connect doesn’t work for any reason. Moneyspire is a very complete alternative to Quicken on Mac which tracks bank accounts, credit cards, loans, investments and more. You can set bill reminders, budgets and generate detailed reports and charts to monitor your outgoings and if you run a small business, you can also create professional invoices and track payments. It can even print checks which most finance apps no longer support anymore on Mac.
One of the things we like most about Moneyspire is that it doesn’t over complicate things. It gives a very clear overview of everything from accounts and details of spending to bill reminders and budgets. The Bill & Deposit Reminder provides a very clear overview of upcoming payments: You can generate detailed reports and charts to see exactly where your money is going to make tax reporting less stressful and much easier.
Other useful features in Moneyspire include Balance Forecast, Reconcile Statements, Online Banking, Import & Export of Data and Cloud syncing. If you’ve got a lot of accounts saved in on Windows, Moneyspire can also import MS Money files. For mobile users, there’s a free which allows you to check your account balance, see upcoming bills and keep an eye on how your budget is doing. Moneyspire used to be available in different versions but has now simplified its pricing policy and there’s now just which includes Direct Connect access. Normally it retails for $49.99 but it’s currently offering a 40% off deal. The impressively reliable Moneyspire Connect service is even included in the price (which previously used to cost an extra $49.99 per year).
If you do decide to purchase it, you have a 60 day money back guarantee if you’re not happy with it. Unlike with Quicken, updates to Moneyspire are free but major updates usually require an upgrade fee. You can also if you want to see what it’s like for yourself. Pricing: $29.99 (Normally $49.99) – Free Trial. (formerly iBank) is designed specifically for Mac and has long been one of the most popular desktop replacements for Quicken on Mac. Long before Quicken for Mac, Banktivity supported things like online banking integration, bill pay, envelope and full year budgeting, loan amortization and multi-currency support. Some of these things have now been introduced in the latest version of Quicken 2018 for Mac but Banktivity still remains an excellent personal finance app for macOS.
Here are some of the things we like the most about Banktivity:. Account Importing: Banktivity will import your accounts from Quicken and other finance software. Although it’s not perfect, the import tool does a pretty good job and saves valuable time manually entering old accounts. You can see how this works below. Bank Syncing: Banktivity will automatically connect to and download transactions from your bank or other financial institution in real time.
It offers various ways of doing this with the most reliable and widely supported being Direct Access. Direct Access is Banktivity’s own syncing service and generally works very well although it costs an extra $44.99 on top of the cost of Banktivity. Other free ways of connecting are available though. Detailed & Customized Reports: The reports generated by Banktivity are very well-organized due to tags and categorization. There are Quick Reports for instant overviews of the essentials and you can create highly customized reports for virtually any kind of spending.
Budgeting: Banktivity supports traditional and envelope budgeting with useful setup wizards to get you going. You can filter budgets by time frame to see exactly when you’ve gone under or over budget and set budgets for scheduled and unscheduled expenses. iPad, iPhone and iWatch Apps: Banktivity is designed exclusively for the Apple ecosystem with to help you monitor and enter transactions on the move. The apps sync with the desktop version of Banktivity and there’s even an iWatch app with spending alerts to help keep you on budget. Investment management isn’t Banktivity’s strong point but there is a separate free (formerly iBank Investor) which syncs investment data specifically.
So for example, you can see all of your holdings with the current gains or losses in real time with data pulled from Yahoo Finance. Banktivity 6 costs but you must pay an additional $44.99 per year for Direct Connect access. You can also true a. For a more in-depth look, you can also read our full.
Has many satisfied customers that previously used Quicken and is an excellent desktop equivalent to Quicken on Mac. Moneydance has all of the features of Quicken including online banking and bill payments, bill attachments and arguably has better investment tracking and budgeting tools than Quicken. Moneydance is particularly good at handling investments and transactions in multiple currencies so is an excellent choice for those that hold investments or make purchases in currencies other than US dollars.
Moneydance provides a very clear overview of your finances. It gives you all the essentials such as account balances, upcoming and overdue transactions and exchange rate information.
The calendar overview is particularly useful for a quick oversight of upcoming credits and debits so you can manage your finances for that month more easily. Moneydance can import Quicken files in QIF format although we noticed several duplicate transactions which had to be manually adjusted.
Moneydance can automatically download transactions and make bill payments online to hundreds of financial institutions. However, online banking is only available via Direct Connect and we found this can be tricky to setup in Moneydance.
Moneydance can sometimes be unreliable at retrieving bank data especially from credit card accounts and there’s no enhanced online bank connection service that you can pay extra like with Moneyspire and Banktivity. Investment tracking is also easier to navigate and more powerful than Quicken, with support for stocks, bonds, CDs and mutual funds among others. You can see the total value of your investments or the performance of individual stocks and mutual funds over time. Moneydance will also download stock prices automatically in real time. Moneydance also has some powerful reporting tools that compare favorably with Quicken and it can generate reports for any of your accounts, savings or investments. The are both free so you can manage your budgeting on the move although it’s only really useful for manually inputting transactions.
Slightly concerning though is the fact that Moneydance only syncs the Mac and iOS app via Dropbox which doesn’t feel very secure compared to Banktivity’s encrypted Direct Access features. You can also extend its functionality with add-ons and extensions for such things as a Balance Predictor, Debt Insights and a Find and Replace extension. Overall Moneydance is a solid financial software for Mac to replace Quicken especially if you need reliable online banking integration. From the Mac App Store with a 90 day money back guarantee and there is also a free Moneydance demo for up to 100 transactions. Pricing: $49.99 Mac App Store is owned by Intuit the makers of Quicken and is basically a free, lighter and less powerful version of Quicken. The biggest difference between Mint and Quicken is there is no automatic online bill pay feature in Mint so if this is a deal breaker for you, move on. Mint has improved a lot over the years and has faced less criticism than Quicken, partly because it doesn’t cost a cent to use.
In fact many people to manage their finances. Mint is all about getting your money in order and is based around three things:. Budgeting: Mint will automatically suggest a budget for you based on your income and goals. You can factor in one off expenses and of course recurring monthly costs.
Bill Tracking: All your bills are clearly labelled and managed in one place. You can see when bills need paying and set alerts to let you know before they’re overdue. Credit Score Analysis: Mint performs a free credit score analysis if you verify your identity. It also gives you recommendations on how you can improve it. Spending Summary: You get a weekly summary of where your money has gone. This is useful for seeing which areas you’re spending most in and is handy to compare month-by-month. Mint will also alert you to unusual or large transactions.
Spending by Category: Mint can also categorize transactions to make it clearer where you spent your money. If you’ve ever looked through your bank statement and can’t understand the codes and jargon used for certain transactions, this is useful. It also separates ATM withdrawal amounts from ATM withdrawal fees so you can see just how much your spending in charges and other hidden fees. Investment Tracking: The investment tracking features in Mint are very basic and certainly nothing like the financial tools in Personal Capital but for 401(k) accounts, mutual funds and IRAs it gives a basic overview. Mint also has one of the best out there for budgeting. The Mint iPad and iPhone app looks good, gives a clear overview of your finances and is easy to navigate. The biggest problem you”ll encounter with Mint is connecting to banks to update your accounts.
Like many personal finance apps, Mint can take time to update your balances and transactions and can be affected by changes made by your bank to the way third-party apps communicate with it. Sometimes this means you have to delete an account in order to reconnect it and the problem with this is that you lose your account history in Mint. It’s also important to note that although Mint and Quicken are both Intuit products, there is no integration between Quicken and Mint. They are completely separate products. Overall however, as a more basic free alternative to Quicken, Mint is an excellent budgeting tool for Mac users. Pricing: Free.
Is designed specifically for Mac and used to be the closest thing you could get to Quicken before Intuit finally released Quicken for Mac. Despite the launch of Quicken, the makers have continued to develop SEE Finance into a very reliable, robust and feature packed personal budgeting app for Mac. In fact the latest version of SEE Finance 2 has been built from the ground up and is a big improvement on in terms of both looks, functionality and affordability. We found that SEE Finance 2 is one of the best personal finance software for Mac when it comes to importing Quicken QIF data accurately. Unlike apps such as Banktivity and Moneydance, there’s less chance of duplicated transactions when importing large QIF files into SEE Finance. You can import files in QIF, QMTF, CSV, QFX and OFX format. Investment tracking is also very well done in SEE Finance 2 with a clear and varied overview of your investments with lots of different reports.
SEE Finance 2 is also very good at handling multiple currencies with over 150 different currencies supported. You can connect to banking institutions via Direct Connect which will automatically download transactions and import data from others. This is easy to setup and use in SEE Finance and pretty reliable at syncing and updating account.
Note however that SEE Finance 2 does not support Bill Pay. More recently there’s now an for iPhone and iPad that syncs with the Mac version via iCloud. It also works with OFX Direct Connection downloads if your bank supports it. SEE Finance 2 is a massive improvement on the first version and remains a fast, reliable and slick app to manage your finances on Mac. Note that is still available in the Mac App Store but we strongly recommend using instead as it’s far more modern, includes an iOS app and is more likely to be supported by the developer in the future. You can also try a. Pricing: $39.99 – Free Trial Although You Need a Budget can’t fully compare with Quicken, if it’s mainly budgeting you use Quicken for, it’s definitely a contender.
YNAB that new users save on average $200 in their first month and more than $3000 by month nine although this of course won’t be true for everyone. Because of the way it approaches budgeting, YNAB has proved very effective at helping users to save money and get their finances in order which is made it very popular with Mac and PC users alike.
More recently, it’s now added online banking support via Direct Connect to conveniently sync and update all of your accounts and transactions in one place so you can keep tabs on your money better. There is no support in YNAB for Bill Pay however. The developers of YNAB strive to help you manage your money more efficiently by encouraging you to use a which can genuinely help you save money or get out of debt.
The four golden rules are:. Give Every Dollar A Job: Every cent is accounted for. Embrace Your True Expenses: Break down large purchases into monthly payments.
Roll With The Punches: Create an overflow for the unexpected. Age Your Money: Deal with bills as they happen YNAB is structured around these four principles and helps you to structure your budget accordingly. YNAB can and can retrieve your balances from over 12,000 banks. Note that there’s no support for Direct Connect or Bill Pay though. YNAB also does not support multiple currencies or investment tracking so it’s not really suitable for those who have a big investment portfolio. It does however allow you to factor mortgages and simple investments into your overall budget and gives you a very clear overview of where your money is going. YNAB is also one of the only personal finance apps that has an but even more unusual, an which can automatically check category balances or record new spending at your command.
Although across all devices, note that it uses Dropbox for syncing and doesn’t offer its own Cloud syncing service or syncing via iCloud. YNAB now costs $4.99 a month or $49.99 per year direct from the developer. If you’re a US college student,. You can also try a of YNAB before deciding whether its for you or not.
If you’re struggling to make ends meet at the end of the month, YNAB is an excellent straightforward budgeting alternative to Quicken. Pricing: $49.99/Year – Free Trial. Is a simple but effective budgeting app that can import Quicken QIF files and Mint files.
The Quicken import tool is one of the best we’ve tried and accounts are imported with very little need for manual adjustment. CountAbout automatically downloads transactions from your bank including investment balances like 401k’s. There is no support for Bill Pay though.
CountAbout offers two subscription plans – one for $9.99 per year and a premium subscription for $39.99 per year. The difference is that the Premium subscription includes Direct Connect which allows you to automatically download transactions from bank, credit card and investment institutions. CountAbout is very good value for money and considerably cheaper than most personal finance software that supports Direct Connect. You can see a quick overview of what CountAbout can do below.
Pricing: $9.99/year or $39.99/year with Direct Connect. Is a slick, simple but effective Quicken alternative designed specifically for Mac. MoneyWell is unique in that it uses an to help you manage your finances better. Rather than setting targets that you either hit or miss, envelope budgeting works on the basis that any money you save or overspend is constantly adjusted to show the effect on your incoming bills. MoneyWell also supports Direct Connect so that you can automatically pay bills from your bank account. MoneyWell is clearly well thought out with some really smart interactive reports. In fact the graphs and reports in MoneyWell are some of the best we’ve seen in any budgeting software at this price.
Unfortunately, there’s no longer a mobile app though. MoneyWell Express was the mobile version of MoneyWell but was discontinued in early 2018 due to syncing issues. MoneyWell costs $72.60 but you can also. Pricing: $72.60 – Free Trial.
Finally, if you’re looking for something that can double as both a budgeting app and, might be for you. MoneyWorks was one of the first ever finance apps for Mac and made its debut on OS X way back in 1992 – before Windows 95 was even invented. If you’re a treasurer and use Quicken to keep track of your organization or company budget, MoneyWorks may be ideal for you as it’s designed for small businesses, organizations and accountants in mind. MoneyWorks can import data from QuickBooks, MYOB, Xero and Greentree although it doesn’t support importing Quicken data. MoneyWorks also doesn’t support Direct Connect or Bill Pay though so it’s not suitable for those that want to sync it with their bank. MoneyWorks is however well-integrated with other business software on Mac including Daylite, FileMaker, Numbers and Microsoft Office.
If you need something that can manage payroll, CRM and, then MoneyWorks is a particularly good choice. MoneyWorks is also generally very good at representing complex business data in graphs and produces custom reports via the MoneyWorks Gold report writer. It’s also a good option for those that need to share their accounts with Windows-based accountants as it works on both Mac and PC. MoneyWorks comes in aimed at differing sizes of business and all are available for standalone purchase or via subscription. MoneyWorks Cashbook is completely free to use and is ideal for small organizations that need a simple financial management solution.
You can also for 45 days. If you’re looking for a Quicken alternative with a focus on accounting and cashflow, MoneyWorks is a powerful solution for Mac users Pricing: Free/$18 per month+/$249+. Which Is The Best Quicken Alternative For Mac? If you’re looking to maximize your investments as well as manage your budget, then is still the best of the lot.
It just makes budgeting and maximizing your assets so easy and looks great on Mac. However, the current deal makes it a great option for those that want a dedicated Mac finance software without any subscriptions or Cloud storage of your finances.
Considerations When Replacing Quicken The best alternative to Quicken really depends on your specific needs. Some people need things like Bill Pay and Online Banking while others are more focused on investments.
To help you in your decision though, here’s a checklist of features to bear in mind when deciding which Quicken replacement to choose. You can see whether the application you’re interested in supports these features by checking the comparison table above. Online Banking Integration This is essential for those that want their accounts to be regularly updated with real time bank transactions. (known as in Quicken products) is the standard method that most banks support although increasingly, users are finding it very unreliable. Sometimes this is not an application’s fault and is due to changes made by banks on how third party software connects to them. Some banks such as Citibank have even dropped support for Direct Connect in favor of their own proprietary system instead.
As a result, some applications such as Moneyspire, Banktivity and Moneydance have developed their own version of Direct Connect although this usually costs extra. However, Moneyspire’s reliable service is now included for free in the price of the product which makes it a very good deal indeed.
Note that some banks may levy a small charge for connecting your account to a third-party app via Direct Connect so it’s always wise to check with your financial institution first. Bill Pay It’s important to be aware that just because an app supports online banking, doesn’t necessarily mean it supports Bill Pay.
Bill Pay enables an application to automatically pay your bills to help keep on top of them. Of course, you can do this easily by setting up a Direct Debit with your bank for things such as utility bills but Bill Pay enables your finance app to track them more easily. Encrypted Connections When it comes to security, remember that any connection made between finance apps and your bank are only as safe as the application accessing it.
Make sure that the application takes security seriously and uses encrypted connections to your bank to prevent unauthorized interceptions. A few apps such as Personal Capital add an extra layer of protection by not actually storing your financial credentials but managing access via specialized encrypted service Yodlee. This is also used by many financial institutions and adds an extra layer of protection to your data. Investment Tracking This is essential to track loans, assets, stocks, shares and bonds etc.
One of the big gripes Mac users have with Quicken is that it doesn’t do a good job of tracking basic things like car loans or home loan amortization (although fixed interest rate tracking was introduced in Quicken 2017), Alternatives such as Personal Capital, Banktivity and Moneydance all feature investment tracking as standard. Mobile Apps If you like to manage your money or check accounts on the move, make sure the software you choose has a mobile app. Most apps that have a mobile app sync accounts with your iPhone or iPad although many are limited in functionality and don’t allow you to make many transactions. Some user their own servers to sync while others offer syncing via iCloud. If you like to take photos of receipts and invoices to sync with your Mac later, make sure this feature is supported. Quicken Import Support If you want to import your Quicken accounts into another application, you can easily do so by exporting them into QIF format. However, not all personal finance software supports QIF importing so if this is important to you, make sure you can migrate from Quicken easily.
Note that no Mac personal finance app will import Quicken files 100% perfectly – there will always be some manual correction necessary. Multiple Currencies For those that travel a lot or that deal with foreign transactions regularly. The Mac edition of Quicken is still lagging behind when it comes to multiple currency transaction support. Those that imported foreign currency accounts into Quicken 2018 for example found that they were suddenly converted to dollars. Make sure foreign currencies are supported if you do a lot of trade abroad to avoid some major headaches when importing data. User Profiles If you share the software with a partner, other members of your family or colleagues, support for creating multiple profiles is very useful. It allows you to track spending and create budgets for each individual member whilst also preserving the privacy of each user.
Some financial software only allows one user per license and some don’t support more than one profile so bear this in mind if you’re intending to use the program with other. We hope this article has helped you be more informed when choosing a replacement for Quicken on your Mac. This is by no means a definitive list of programs to replace Quicken with on your Mac. There are other options (examples include and ) but we haven’t included them as most are now very dated and can’t compare to the latest version of Quicken anymore. If you have any other questions, experiences or suggestions regarding the software featured here, let us know in the comments below. You May Also Like:. Smayer97 Why not still list the original Quicken for Mac 2007?
It is still available for only $15. Though it may be old, it is feature rich and has many capabilities, works PPC & Intel, from OS 9 through OS X Mavericks (OS X 10.9).
Though it may be dated and missing some modern features, it is still the best out there that is still available. It can be downloaded here: or here: Note that a new version is actively in the works (in beta testing right now), based on Quicken Essentials but more feature rich that will become more comparable to Quicken for Mac 2007. Smayer97 That information is incorrect.
Yes, there was a problem that took a week or 2 to fix. Most financial institutions now have been fixed. That said, there are several institutions where the problem persists.
BUT all of this has been a coincidence. The root problem, in great part, is due to the fact that a hole in the SSL security protocol was found in Sep 2014 and many companies updated (readturned off) their security protocols which has made them incompatible with Quicken 2007 and older. (do a search on POODLE and SSL to learn more). So at this time, most Quicken 2007 users are ok again, though some still experience some problems. Quicken 2015 has filled in the gapthere are still many shortcomings with this version that make in impossible for many users to move to this new version, but Intuit at least now has a dedicated team to move the product forward.
Only time will tell if they sustain the momentum they have finally achieved. Smayer97 I agree with your concerns.
That said, I have yet to find an alternative that handles data as well as Quicken 2007, though it still has limitations. A lot of what others offer may look nice, but a lot is stuff I have not significant need. So far, none other can handle my data the way I need it. At least recently, Intuit hired a new team to work on making significant updates to Quicken for Mac. Hopefully they will deliver.
Seeing behind the scenes (being involved with beta testing) they have a lot of good stuff planned AND in the works. Only time will tell. For now, Quicken 2007 still is the best option for me. It may still be for others too.
And since it is still available, though not widely publicized, it should still be presented as a viable option, with caveats.
The importance of accounting to every business organization can never be undermined. Such process not only helps businesses determine how profitable or otherwise they are, it is also an indispensable tool for financial management, allowing organizations to keep records of both expenditures and incomes, which can be used as basis for making intelligent financial decisions. Although a daunting task, accounting has long been a critical process for businesses and there’s no changing this fact.
For this reason, accounting tools were developed. These technological marvels help bookkeepers and accountants record and report on the transactions of businesses. All these tasks have previously been done by hand, with the use of ledgers and large journals.
The laborious task of reporting was also deemed impractical in the past due to the herculean task of consolidating manual entries. Accounting solutions automate these jobs while reducing accounting costs and human errors, making these tools invaluable for today’s businesses. There are many more.
However, not all accounting software are created equal. For small and medium-size organizations, platforms with basic accounting functions may suffice. But for large corporations, customized solutions are preferred as they are capable of integrating huge amounts of information from different departments within companies. The as huge as it already is, is set to further expand. In fact, the global market for such solutions is expected to for the period 2017 through 2021. This anticipated growth is seen to be fueled by increased demand for modernization of financial processes. Such demand, meanwhile, will stem from the need for accurate data, lack of which, is known to adversely impact decision-making processes.
Source: Technavio Another key market trend is the emerging role of accounting mobile apps, which are now capable of handling everyday tasks such as accepting payments, receipt tracking, sending invoices and budget planning, among many others. However, business owners face the challenge of choosing the right platform for their organizations. Most accounting tools support Android and very few are available on the Mac platform, which is why many companies are constantly on the lookout for accounting software for Mac. In this article, we will take an in-depth look at the 20 best accounting software for Mac.
Their features, functionalities and pricing will be discussed. The rankings do not necessarily mean that one is better than another and should not be construed as such. FreshBooks First on our list of 20 best accounting software for Mac is, which is a popular accounting software that makes financial management an easy undertaking. Using the solution, you can handle recurring subscriptions and invoices with relative ease. It is also capable of collecting online payments as it supports credit card, Google Checkout and PayPal payments. The product seamlessly integrates with popular business apps, enabling you to streamline such processes. As FreshBooks is a total solution, you need not invest in additional software, giving you financial control from a single console.
FreshBooks won our Best Accouting Software Award for 2017 What’s even better is that the software’s latest version offers more advanced features that can help you boost your financial management capabilities. The platform offers a dashboard that is designed to make customization easier for you.
In case you are worried about data security, the vendor provides secure backups that make sure that your data are kept safe at all times. The app ensures that your charges are accurate, even allowing you to use its iOS and Android applications to track your work time outside. FreshBooks is available in a variety of pricing schemes starting at $15/month. You can also 2.
Xero A software solution known to have revolutionized accounting, was developed with providing richer user experience in mind. What’s great about the solution is that it is so easy to use, making even the most complicated accounting processes such as double bookkeeping very simple for new users. In case you need a bookkeeper, the vendor’s certified advisors can assist you. No wonder the product has become so popular in different markets, including the US, UK, Europe and Australia.
Xero seamlessly integrates with popular third-party apps and accounting solutions. This easy to use accounting software for Mac is so intuitive that no user training is required and setup is a breeze with the vendor’s Express Setup feature.
If you want to get more out of the product, a help center can aid you in maximizing Xero’s potential. Simple accounting requirements can be covered by its Starting plan, which comes for $25/month. If you are facing more complex processes such as quotes, invoices, bills and multi-currency capabilities, the Premium package is right for you. Zoho Books A smart accounting platform targeted at small businesses, is designed to manage finances and cash flow.
This easy-to-use solution can help you make informed decisions. Uptime, support and security is not a problem as the software is part of the Zoho stable of products, which are known for their hassle-free features. Using the platform, you can send your clients professional invoices and accept payments online. Zoho Books is both handy and powerful, providing you with total control over your financial management processes. Aside from this, it sports useful features, which include P and L, balance sheets and cash flow statements, among many others. The system dashboard is visually pleasant, displaying graphs and financial overviews.
In addition, it is capable of streamlining other vital back-office tasks. Zoho Books is available in different pricing models starting at $9/organization per month. QuickBooks Online An accounting solution designed for use by freelancers and small businesses, is capable of simplifying all your accounting processes.
The app’s full features can be accessed for for up to five users. For unlimited number of users, on the other hand, functionalities are limited. The product is popular among small business owners, accountants, bookkeepers and finance officers, a testament to its efficacy. Your business profile is automatically synced to a singular dashboard, where your reports and company accounts can be viewed by multiple users. The solution can create trade, profit and loss sheets, along with billing and invoices, which can be accessed from mobile devices.
Using the dashboard, you can make custom reports and feeds. It smoothly integrates with QuikBooks, Online Payroll and Intuit GoPayment. QuickBooks Online is available in different pricing models starting at 18/month. Tipalti Cloud-based payment automation and management platform is designed to help users meet deadlines with impeccable accuracy.
It addresses problems such as late payments, administrative overload, non-compliance and problems associated with human errors. It reduces time spent on financial management, which is probably the biggest problem plaguing accounting teams. This, users are able to do without having to undergo training to use the software. The solution is capable of automating your company’s global payment operation, ranging from onboarding to tax compliance. It can streamline your payment processing methods in across 190 countries. It likewise sees to it that all tax and regulatory requirements are complied with least human intervention.
The platform can improve customer and vendor payment experiences with highest attention given to quality. You can purchase Tipalti on a price quote basis. The vendor can be directly contacted to get a customized quote that’s right for you. You can 6. QuickBooks Pro An office-based version of its popular counterpart, is loaded with features that are most beneficial to your organization.
The solution is capable of tracking clients and vendors alike and can manage just about every banking-related tasks with ease. It likewise offers a myriad of insights and organizational functionalities that can help you organize your accounting more efficiently You can likewise connect invoices to credit cards or bank transfer accounts using the product’s Pay Now link, enabling you to receive payments with ease.
With QuickBooks Pro, you can keep track of your financial data as the system automatically generates gain/loss statements in just a few clicks. The solution can be deployed via cloud or on premise and has mobile apps that support both Android and iOS devices. The product comes in different pricing schemes starting at $219.95. Sage Intacct Cloud-based financial management solution combines cloud computing and accounting. Its innovative apps are those preferred for AICPA business solutions, which are used by a wide variety of businesses. It is designed to boost business performance and financial productivity.
Proof of the benefits of the product is the fact that many accounting firms and resellers offer Intacct to their clients. Notable system capabilities include accounting, purchasing, cash management, financial consolidation and subscription billing, to name a few. The software’s general ledger allows for easier data entry and minimizes errors in reports. It is likewise capable of reducing revenue losses while controlling margins and costs. Its multi-currency features can make currency difference computation much easier while streamlining compliance through sales tax automation.
Sage Intacct is available in different pricing plans starting at $400/month. Brightpearl A multi-channel retail management solution, allows organizations to manage core processes like accounting, inventory, orders handling and customer information all from a single platform. It is designed to help grow multichannel retailers while boosting their bottomlines. The app can greatly benefit retailers by giving them absolute control over their operations while focusing on more pressing tasks like merchandising. What’s great about the solution is that it offers users insights on different aspects of their business like customer, SKU and channel levels. It is highly-flexible, able to seamlessly integrate with major shippers, assuring users of timely and accurate shipments at all times.
Having a hard time managing inventory? The product can make it easy for you with its centralized inventory management capability. For accounting departments, Brightpearl offers an automated accounting functionality, making financial management a breeze. The vendor does not publicly disclose its pricing details, you will have to request for a price quote. ADP Workforce Now Web-based human resource management solution is targeted at medium-size businesses. The software automates just about any HR process that you have, all from a single interface. It can help your employees manage and coordinate HR functions by creating additional user permissions for them.
Using the solution, you can also manage all employee benefits and holidays, while generating reports from which insights may be derived. The platform’s core features include time and attendance keeping, talent and benefits management and payroll. Its benefit plan creation wizard can be set up in accordance with your company’s on-boarding processes. The app’s benefits management features comply with IRS reporting requirements, with a dashboard for all reporting statuses in the offing. You can access the platform from any device as it has mobile apps for both Android and iOS, which are synced with its web-based dashboard. Customized spreadsheets, graphs, reports and charts can also be created using the the app. The vendor does not publicly disclose prices.
You can contact the company to get a price quote. NetSuite ERP A robust and highly-scalable enterprise resource planning software, is specifically designed for small and large businesses. The solution essentially automates processes such as billing, inventory and order management, fixed assets and financial management.
It also allows both management and rank and file employees to view key performance reports. The platform smoothly integrates with other NetSuite apps, including eCommerce, Inventory, CRM and order management products. The software can provide you with an efficient supply chain with its total inventory management feature. This includes a real time view of important supplier, inventory and procurement indicators.
For your accounting needs, the app help you accurately manage expenses, revenues and financial disclosure. Its revenue recognition management feature lets you calculate and come up with financial statements for product and service sales. NetSuite ERP is available on a price-quote basis.
Intersemanal Mac Software Best Finance Software For Mac 2018
You can contact the vendor and request for a customized quote. AvaTax A robust and highly-scalable sales automation and tax compliance solution, boasts of a plethora of features that can greatly benefit businesses of any type. The software makes use of different indicators and tax compliance standards to cater to your taxation needs. It enjoys its status as a favorite among businesses. To top it all off, AvaTax is not a simple tax solution, it is practically a total financial management tool. The platform is capable of giving your organization the ability to respond to tax obligations required by countries around the world.
It will provide you with the right tax solution to handle such requirements. The product has a variety of tools for use in various taxes such as sales and use, VAT, communications and excise, among many others. It boasts of filing millions in tax returns and managing tax exemptions and other related documents.
The solution integrates seamlessly with 3dcart, NetSuite, BigCommerce, Magento and Intacct. You can purchase Ava Tax in a variety of pricing plans starting at $50 per year for small businesses. Scoro is a cloud-based business management software that is specifically designed to cater to advertising, information technology and consulting firms, among others. The product has a wide array of features such as collaboration, work scheduling and tracking, project management and CRM. The product’s user interface is easy to use and eliminates the need to switch between email clients and solutions. Scoro acts as a control hub for all your business activities and tools, which display key performance data, account information and calendar events, making working with the platform relatively effortless even for newbies.
The solution also has native tools that offer country-specific integrations for European markets. It is the only software of its kind, which gives users total control of their businesses from a single location.
With Scoro, you are always in the know as it allows you to view task changes in real time. You can add tasks if needed, which can save you precious time in managing projects. It also allows you to view financial reports with a click of a mouse, making easy work of accounting and finance. The app can smoothly integrate with iCal, Outlook, Google and other calendar tools. Scoro also integrates easily with QuickBooks and Xero. Users can manage their invoices, quotes, contracts, contacts, and estimates, forecasts & reports in Scoro, then send their data directly to Xero or QuickBooks for the actual accounting tasks. Using Scoro to store all the business data, makes Finances & Accounting easier for both: business managers & accountants. You can avail of Scoro in a variety of pricing plans starting at $22/month.
Zoho Invoice A robust finance and accounting software, is designed to cater to small to medium-size businesses. The solution enables users to create and manage personalized invoices, which they can easily share with customers. It can be used to track any transaction and customize invoicing using a library of templates, along with imported elements if need be. It likewise makes creation and distribution of invoices in different languages and currency possible.
Aside from its inexpensive pricing, Zoho Invoice is highly-suitable for novice users owing to its intuitive interface. It eliminates the need for complex timesheets and steep learning curves.
Using the software, you can come up with your own forms and invoices and tweak settings from the moment you create your account. It also allows you to set up taxes and tax groups and make their templates and logos available online. The software has an open API that enables it to run in conjunction with your existing architecture. Zoho Invoice can be purchased in a variety of pricing plans starting at $7. Online Invoices Web service is designed to help companies handle and track sales, create invoices, accept and monitor payments, among other processes. It is a robust invoicing platform, which also doubles as an accounting and tax management tool. The product has a powerful real time reporting functionality, which can effectively measure your business’ progress.
With the solution, you can monitor business activities at any time and make necessary adjustments in areas where they are needed. The product comes in three modules that are designed to manage individual areas and workflows of your organization. Its Sales and Invoice Management System lets you track sales, come up with invoices and accept payments. A Client Follow-Up and Management feature, on the other hand, can greatly improve client communication, allowing you to use transaction history to boost your business.
Lastly, the Invoice Management and Control system can help you in inventory management anytime, anywhere. The software smoothly integrates with CRM and ERP platforms. Online Invoices comes in different pricing plans starting at $9.95/month.
Zoho Expense A total solution specifically designed to make expense reporting and tracking easier, is capable of automating a number of expense management processes while efficiently making a record of your transactions. Using the tool, you can also convert your receipts into expenses bunch them together and generate a report, which takes but a single click of a mouse. A nifty feature of Zoho Expenses is its capability to automatically capture credit card transactions and convert them into expenses as well. The system can run across all devices, making it accessible anytime, anywhere. What’s even better is that the platform can minimize problems associated with spending limitations and allowed expenditures, ensuring compliance and enforcement of corporate spending policies. It is loaded with integrations, including Zoho Books and Zoho CRM, which users can use from a single account.
The software is available in a single price model of $15/month. However, if you want more functionalities, you can directly contact the vendor for a customized quote. Happay A robust business expense management platform, is designed to help businesses of any type and size to fund, track and manage expenditures online from the comfort of their computers and devices.
The app focuses on employees, allowing them to efficiently spend and manage expenditures without concerning themselves too much with reports and paperwork. The solution enables staff to control expenses using smart prepaid credit cards. All expenditures are recorded and stored in real time, allowing for improved accountability and auditing. With Happay, you can limit employee expenses as it can specify purpose, allowable figures, item categories and other expenses-related factors.
This way, you can effectively allow staff to spend minus the danger of overspending, enabling you to stick to your budget. The solution also keeps track of all purchases, storing them in a single location.
It is this feature that also enables users to access data with ease and simplify their searches for details. Happay is available on a quote-basis.
You can contact the vendor for a customized quote and other product details. SpringAhead Web-based time tracking and billing software is specifically targeted at staffing and professional service firms and accounting practitioners. The solution is easy to set up and also act as an expense report tool, capable of automatically itemizing transactions, monitoring project expenditures and hastening expense reporting. It can likewise quickly create custom invoices for your company. SpringAhead can automate timesheet filling and time card approval, making staff attendance monitoring an easy task. In addition, it enables users to itemize item description so that what shows up in invoices can be specified. Users can likewise import credit and bank card transactions from a specific file as the product supports credit and bank card integration.
This is complemented by its foreign currency conversion tools. To make things even better, you can monitor revenue and labor costs by project while being able to manage activity, class and departments.
SpringAhead is available on a quote basis. You can contact the vendor directly to request for a customized quote. Fetch Expense management and reimbursement platform is designed to simplify expense reporting and reimbursement for team members. This user-friendly piece of software can be used by anyone, making it possible for businesses to accurately track and document employee expenses and reimbursement. It is easy to setup, and also supports any device running on Android or iOS. Its intuitive dashboard features an interface that makes for easy navigation. After completion of the setup, the tool can be linked to a bank account, which will allow for faster payment and reimbursement.
Employees can enjoy quick submission of their expenses using their mobile devices without having to use email for figure validation or clarification. With Fetch, users can be sure that all their transactions are protected as security is of paramount concern to the vendor. Businesses are provided with insights into their operations through the generation of reports for use by accountants and bookkeepers. Fetch is available in a single enterprise plan for users starting at $9.95. MoneyWorks MoneyWorks is a total solution that is designed especially for businesses and finance and accounting professionals.
It is a powerful piece of software that is packed with features designed to manage your accounting data and help your business run smoothly. The product enjoys full technical support and updates, can easily fit into your processes and seamlessly integrate with existing systems. Designed to be highly flexible and interoperable, MoneyWorks enables users to structure accounts to match organizational needs.
The software can seamlessly integrate with popular payroll, POS or CRM platforms and generic systems such as Office, mySQL and FileMaker. These integrations result in a more streamlined workflow for your business. Its dashboard charts give you insights on your business’ performance, allowing you to make sound decisions. You can easily access company data through on screen lists that the system automatically generates. MoneyWorks has powerful reporting features that can help you manage your accounting processes. Its reports and subsummary functionalities are complemented by a report writer that allows you to come up with reports that you need.
The product is easy to use and does not require any formal training to learn. Zybra is cloud-hosted so its modules work smoothly with any desktop. It centralizes your financial-related data and transactions, such as: payments, invoicing, expenses, cash flow, bank reconciliation and accounting reports. The UI is intuitive and matches the requirements of non-technical users, allowing them to automate repetitive tasks and routines. This greatly streamlines the accounting process, such as, utilizing the single-click estimate-to-invoice feature and setting up recurring invoices. A key Zybra feature is the built-in machine learning that can translate into digital data any uploaded sales bills and receipts.
It also integrates with key business systems like a POS. For security features, the accounting software uses multilayered firewalls and data encryption to protect your confidential data at rest and in transit. Other notable features to check include integrated payment gateway for receivables, cash flow management and inventory management. So there you have it, our top 20 accounting software for Mac. Each one has its own benefits to offer, but one is bound to suit your business. Why is FinancesOnline free?
FinancesOnline is available for free for all our business professionals interested in an efficient way to find top-notch SaaS solutions. We are able to keep our service free of charge thanks to cooperation with some of the vendors, who are willing to pay us for traffic and sales opportunities provided by our website. Please note, that FinancesOnline lists all vendors, we’re not limited only to the ones that pay us, and all software providers have an equal opportunity to get featured in our rankings and comparisons, win awards, gather user reviews, all in our effort to give you reliable advice that will enable you to make well-informed purchase decisions. Back to top Page last modified 2018-11-19.