Posted by: Anonymous Coward
on November 15, 2006 10:04 AM
I've been using KMyMoney for about a year, and have found it much better than Quicken for my purposes -- I keep track of checking, savings, and credit card accounts with it. (I do not need a program that goes out to the internet for me.) I have not used it for investments, so have no comments there. In regard to the subject of KMyMoney asking if it should create a payee, I have found this extremely useful. I would advise against checking "Yes, and don't ask again" for this reason: When you make mistakes, or have more than one person entering transactions, you can end up (easily) with 3 or 4 variations of the same vendor name. You might care, but your wife or girlfriend probably doesn't. (That's how our Quicken accounts looked, and I would spend lots of time cleaning it up to make accurate reports.)
With KMM, if you type "Litmus" as a payee instead of "Linus" for those monthly donations, KMM astutely points out that you don't have a payee named "Litmus." It fills in the correct name from a dropdown as you type each letter, saving the reorg later. Adding a payee, you get the question. After that, it's helping you clean up your mistakes. TimZ
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KMyMoney -- great for me
Posted by: Anonymous Coward on November 15, 2006 10:04 AMI have not used it for investments, so have no comments there.
In regard to the subject of KMyMoney asking if it should create a payee, I have found this extremely useful. I would advise against checking "Yes, and don't ask again" for this reason: When you make mistakes, or have more than one person entering transactions, you can end up (easily) with 3 or 4 variations of the same vendor name. You might care, but your wife or girlfriend probably doesn't. (That's how our Quicken accounts looked, and I would spend lots of time cleaning it up to make accurate reports.)
With KMM, if you type "Litmus" as a payee instead of "Linus" for those monthly donations, KMM astutely points out that you don't have a payee named "Litmus." It fills in the correct name from a dropdown as you type each letter, saving the reorg later. Adding a payee, you get the question. After that, it's helping you clean up your mistakes. TimZ
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