Quicken not perfect by far but currently the best there is

Just read today’s email about Quicken. I was an MS Money user until MS pulled the plug on it. The only choice for a non-web based tool was Quicken. I hate that, in a money grab, they went subscription. Quicken is an inferior product to MS Money but the other products are even more inferior. I’ve yet to find one that is as simple to use for compiling spending reports and tax data. It is far from perfect, however. It routinely guesses wrong, way wrong, on interpreting downloaded transactions. I frequently have to go online to my banking web sites to track down what a given transaction is for. I wish MS Money was still viable but Quicken is really the closest thing to it out there.

When my Quicken version went out of support about 20 years ago, I switched everything to Excel. I run multiple real estate corporations using just transaction ledgers and pivot tables. I also wrote some custom macros so that for common ledger entries it pre-populates all of the income statement and balance sheet reference attributes. All it took really was investing the time to understand the Form 1065 and Form 1120 and how they report information.