There may be other features i have not tested that are better handled in B, particularly if in a single currency environment. Overall, the advantage gained by direct downloads of foreign currency transactions (which for me are far fewer than home currency ones) is negated suggests I will not migrate at this point. I appreciate that I could, in Bankablity, immediately categorize as a Business expense (and presumably run a report on business expenses later), but it loses one layer of granularity. So, for example, in Quicken I can Categorize a foreign currency spending as Groceries, and separately transfer it or a part of it to an asset or liability account that I can use later for my business tax reporting.
#Quicken vs banktivity software
If youve used software like Quicken (for Mac or PC), Banktivitys set-up assistant. Lastly, Banktivity appears to combine functionality between Categories (what I spend it on), and Transfers (to an asset or liability account I have created). The first step in money management is to get all your finances in one place. was looking at the issue of exchange rate variability over time, but is not there yet. Banktivity, on the other hand, is loaded with features that are available immediately upon purchase. Quicken is often the go-to because it comes from Intuit, an industry leader in accounting software. (Quicken has no comparable feature.) You decide how much you want to save, in which. it seems I have to effectively over-ride every time I want to convert the foreign currency (ie every entry). Two popular options are Quicken and Banktivity. Banktivity comes with a suite of powerful Goal tracking tools. However, while in Quicken I can over-ride the exchange rate that has been downloaded, and that over-ride will remain will remain until I change it again, in B. or youre a seasoned veteran of financial software, Banktivity 6 helps you take complete control of your money. Both are limited in having a single active exchange rate for any currency pair (ie not dynamic with time in any way). On transfering foreign currency spending or receipts to a home currency account Bankability appears less capable (if only just) than Quicken. Banktivity will download my foreign currency account transactions, which Quicken will not I had spotted a couple of posts elsewhere suggesting Banktivity was better.
#Quicken vs banktivity trial
I am on a trial of Quicken and wanted to compare (using trial) to Banktivity, because of observed limitations on Quicken when using foreign currency, which is central to my needs. in Banktivity, where YNABs focus is deliberately. though functionality issues comes from Banktivity Chat Help. Much like Quicken, you can connect bank accounts, credit cards, mortgages, and even investment accounts. Bob_george Sun, 18:54:04 GMT Observations (though happy for "corrections" if I have it wrong. Banktivity For those with a Mac looking for software, Banktivity is an excellent choice.
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