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Mars Report:

CheckBook: Personal Finance Made Simple

Published December 23rd, 2005

CheckBook: Personal Finance is Easier Than They Want You to Think

Checkbook SoftwareOriginally downloaded 12/23/05. Gee, I would love to be able to replace Quicken with something less frustrating. Haven’t tried this one yet… The Splasm website says the software can import QIF files, and it has a feature tour worth checking out.

Update 11/7/06. OK, here’s the thing. At this point, I need a personal finance package that does two things which Checkbook can’t:

  • Handle online transactions with my bank, and
  • Support my historical and future investment transactions.

After downloading the latest release of Checkbook, I realized why I had already put it in the “reject” software folder, but I never wrote this stuff down. (This is why I’m doing it now!) Also, Checkbook only imports 50 transactions from a QIF file you export from Quicken. That’s very nice, but it doesn’t give me confidence that Checkbook will be able to handle 8 years worth of transactions. :-) They really should let you import the whole shebang and then disable the application after a period of time if they want users to confidently switch from Quicken or another package. I had gone through this once before and said, “forget it.”

That said, Checkbook appears to be a very nice software package if all you want to do is manage a checkbook and some household accounts, and at $18 it’s reasonably priced. Here is a brief table with my notes on pros and cons:

Pros

Cons

  • Simple, easy to understand
  • Imported account information from Quicken-exported QIF files. Appeared to accurately import categories and details about each transaction.
  • Has some nice built-in reports
  • Supports scheduling payments and reconciling accounts
  • Better search than Quicken
  • Only imports 50 records in demo mode
  • No online bank updates (although it will import QIF files that you may be able to download from the bank)
  • No support for investment transactions

Version as tested: 1.7.1.

    
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