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Microsoft Money 2006 Premium

Microsoft Money 2006 Premium
From: Microsoft Software

List Price: $79.99
Buy New: $40.00
You Save: $39.99 (50%)



New (3) Used (6) from $24.99

Rating: 2.5 out of 5 stars 45 reviews
Sales Rank: 2708

Format: Cd-rom
Platforms: Windows Me, Windows Xp, Windows 2000
Media: CD-ROM
Edition: Premium
Autographed: No
Memorabilia: No
Batteries Included: No
Operating System: Windows ME
Shipping Weight (lbs): 0.4
Dimensions (in): 0.1 x 0.1 x 0

MPN: S66-00016
Model: S66-00016
UPC: 882224019149
EAN: 0882224019149
ASIN: B0009KLGOK

Release Date: July 5, 2005
Availability: Usually ships in 1-2 business days

Customer Reviews:
Showing reviews 21-25 of 45



1 out of 5 stars Automated in a way you don't want?   November 27, 2005
B. Pang (IL, USA)
9 out of 13 found this review helpful

On line banking? Automatically download your information from bank?

Cool! Until you realize hundreds of transactions in some bank account are counted twice while syncronizing with your bank. Try to fix it by deleing one of them? Be careful not to break the link automatically created in the background. Your number may be messed up and it could be difficult to find which transaction the deletion could have altered.

I thought it would be at least worth the money I paid if I use it manually without using on-line feature... only to find it is very inconvenient even just to create a checking account. Things are so much directed to on-line automation even if you do not want to.

Microsoft products are great, except they try to automate too much assuming "they know what you want to do". It is just like that annoying help annimation figure in MS Office, which acts like a person who understands your need, and dumps out entirely unrelated nonsenses as you describe your specific need. So idealistic!

Even if 80% of customer typically need certain things in a certain situation, why not leave a choice to customer to choose different option old way they are used to for the rest of 20%, rather than directing everything to a new "fancy" direction ?

There are so many other small frustrating features that I find in MS Money (and also Quicken too) that would be hard to describe all here. I am going to use just plain spreadsheet to do my bookkeeping. For whatever reason, I cannot even export the numbers I have in the MS Money (and Quicken too) to spreadsheet or even to text file.



3 out of 5 stars Problems entering Splits, Spin-offs & Mergers   May 1, 2006
VKM (MD, USA)
9 out of 9 found this review helpful

Money 2006 Premium was essentially purchased to manage portfolio investments in stocks. This is the first time I have used Money and find that it has some major problems particulary in respect of managing special investment activities such as Splits, Spin-offs and mergers, etc. The following details some of the problems faced during my usage.

1. First and foremost problem is the inability to correct any mistakes while entering the transaction. For example if a split is entered then the program automatically adjusts the number of shares and the cost basis. However there will neither be a record of this action in the Account nor any way to delete or reverse it.

2. Most surprisingly even if the entire transactions of that particular equity is deleted and reentered it will not allow the re-entry of the split on that particular date. The program will return a dialog stating that A SPLIT EXISTS ON THAT DATE. One can perhaps get around it by using a different date for the split but imagine re-entering all transactions including any dividends received etc. It becomes a NIGHTMARE.

3. Money does handle Splits, Spin-offs and Mergers nicely if the data is entered correctly the very first time. But God forbid if a mistake is made. THERE IS NO WAY TO REVIEW, CORRECT OR RE-ENTER the data.

Money also has very poor report creating functionality. To create a report for any other dates than year ends requires some efforts.

The Customer Support tries hard to be helpful but they seem to lack either the expertise or the knowledge to redress any problems like mentioned above. They probably have sufficient knowledge and experience to guide customers through basic features but they are completely at sea when it comes to some complicated transactions such as mentioned above.

At the end is Consumer Be Warned is probably true!!




3 out of 5 stars Be careful   January 16, 2006
J. Rhodes (Macon, GA USA)
8 out of 8 found this review helpful

I have been using Microsoft Money since 1999, upgrading every year, and have been pleased until I upgraded to Money 2006. I noticed that the checks that I printed did not completely fill out on the "dollars" line. The ******* symbol only went a third of the way, this has not happened on any other version. I called Microsoft Technical Support and after three days of "working on this issue" they concluded that it was a problem with my HP Officejet 7210xi printer. I found that hard to believe since it worked fine with Money 2005.



2 out of 5 stars Good program .. annoying problems   February 18, 2006
Sabina's Minion (Los Angeles, CA USA)
7 out of 7 found this review helpful

Okay.. Maybe 2 stars is harsh but the bugs this program has are a little to large for a program this type.

I truly wish I had paid more heed to the negative reviews instead of thinking "hey how bad can it be!" .. let me tell you.. dont throw your money away like I did.. I'm seriously considering getting my money back from Microsoft through their 30 day money back garauntee.

Here is why:

The reports are ALL useless! as another reviewer here pointed out.. When you make a payment from one account to a credit card account also stored in money.. guess what? IT DOUBLE COUNTS! It counts your credit card payment entry as Expense... and it counts all the entries in that credit card you paid off.. AS SEPARATE EXPENSES! Still dont get it? If you spend $50 on your credit card, money will show it as $100 spent, coz you spent $50 on the credit card, and $50 paying off the debt on the credit card.

The worth of these financial management programs lies completely in their ability to give us accurate reports and information on our expenses and assets.. and if they fail at this very basic thing.. they are useless.

Terrible... absolutely terrible.

Other than that.. the program was easy to setup with all my banking/credit card/investment institutions. and everything worked. sigh...



1 out of 5 stars piece of junk...   April 27, 2006
stargeezer (portland, or)
7 out of 9 found this review helpful

updated to money 2006 from 2003. followed the instructions for the migration, and it lost 3 months of my financial records! there is no excuse for this, particularly in a product as mature as this. most of microsoft's products are superb, don't understand why they can't get their act together on this one.

the user interface is highly non-intuitive. it won't let automatic categorization of recurring debits. what kind of time-saver is this? and now, after upgrading to IE7, it won't accept my password. it complains there's no connection to the internet(there is, all other programs are working just fine). i wonder how much more of my time i will waste attempting to fix this one...



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