IFinance 5 Positive Reviews

IFinance 5 App User Positive Comments 2024

IFinance 5 app received 42 positive comments and reviews by users. Can you share your positive thoughts about ifinance 5?

IFinance 5 for Positive User Reviews

✓ FANTASTIC APP (2024) - Ignore the old reviews!This app is BEAUTIFULLY designed. Set up your accounts (choose from a range including online ‘connected’, offline etc) for each bank, credit card, loans owed by friends etc. Then you can screenshot the bank logos or friends pictures and add colours to each account to make it look incredible! ALL of my accounts fit on a single page, without needing to scroll a pile of ugly, boring, oversized icons, as with many apps. Then I had to add 25 almost-identical transactions (unpaid amounts) and the app let’s me easily duplicate them and just change the dates. You can also have multiple databases (ie. Personal, Project, Work etc). A LOT of thought has gone into this app by the designers. Sadly, there’s no multi-user access or activity logs yet, which I’d have liked, but for simple personal finance with connected accounts and 5-star design, THIS is the best on the App Store..Tige2021Version: 5.1.8

✓ Fantastic Finance AppThe Synium team has done an outstanding job with this app! With iFinance 5 you have a solid alternative to some of the other finance apps! I'm not using the online account connections but for direct entry iFinance 5 works flawlessly and has an easy to use and great looking interface. This app has so many great features to help manage personal finances - it's a pleasure to work in and explore this app. The Analyses/Reporting section takes some getting used to but with right Account / Category setup it's extremely powerful with the built-in flexibility to customize. A key point for me was the iCloud sync, which others don't offer. 5 stars!.MichaelF603Version: 5.0.18

✓ Very good app, Outstanding supportFor some time now, I've used Quicken for Mac to track our finances. Quicken is incredibly detailed but is incredibly slow and spotting synching with various financial institutions. It rarely sync'd to my iPad and iPhone, so I was looking for an alternative. I use several of Synium's other apps. They are consistently very good. The biggest hurdle for me is rethinking everything and unlearning Quicken for Mac. iFinance 5's help documentation is good, but seems to be lacking in some areas, mostly because it functions differently than Quicken. However, their customer support is outstanding. They are responsive, patient, and willing to do whatever it takes to assist. They are kind when pointing out the documentation has the answers. Quicken requires a subscription for the app but not to download and synchronize transactions. iFinance is a one-time purchase. If you only have a couple of accounts to sync, you can use the free version of Plaid. If not, like me, there is an annual subscripton for unlimited accounts. Plaid/iFinance synchronization is fantastic. They both work on all my Apple devices. No matter if where I am or what device, all my data syncs and is readily availabe. Just as in Quicken, not all institutions or accounts sync with Plaid, so you create offline accounts for those. Migration from Quicken for Mac is, unfortunately, not available. However, you can import .csv transaction files, but not Categories and Contacts. But you can create these on the fly. Now that I've learned how to use Tags, Categories, and Contacts (Payee/Payer), along with transaction Purpose, Transfer Posting with Merging, Reporting using both Categories and/or Tags, I have found that iFinance 5 is very powerful. I can use it to track my IRA and personally held stocks, which are updated everytime I open the app. No, iFinance does not export to a file to be uploaded to various tax reporting software, but I can be creative and create the means to track income and expenses for IRS reporting. So, syncing quickly and easily across all devices and spport are the deciding factors for me. I'll be canceling my subscription to Quicken for Mac. Thank you Synium!.DscotiVersion: 5.1.5

✓ Great product - has potentialI love the features and search facilities and the way to track accounts available in iFinance. I would like to see more powerful import, export capabilities which can parse fields exported by banks. I would like to see more powerful reporting capabilities which are optionally advanced. Cross account transfers need to be better supported to identify and link transactions between accounts so that they are neither expenses nor income. Being able to import data and identify two accounts which are in fact the same account, and might contain duplicates and need to be combined into one of them would be helpful I have other suggestions too.Ashley SilverVersion: 5.1.4

✓ Fit for purposeUse this for my personal finances and as I have been using it, I have leant how to get more information out of this App. Use it for buying stocks, credit card, bank account, and inportant assets..Tanen911Version: 5.0.24

✓ Very Good Accounting ProgramThe best accounting program for Apple Products. Has very good Budget and Analysis information and very flexible to manipulate. The only problem the I have had is with its transfering of data among iPad, iPhone and Mac. The Mac versioni is very forgiiving at data handling but the other two require that you be very precise on what you enter or the data does not get transferred to the other apps..Will keep usingVersion: 5.1.1

✓ IFinance is Slowly Improving (fixing bugs & features)Plaid Doesn't Always Import Properly. It imports $ amounts for the wrong Payee/Payer. So I have to correct for the Payee or $ amount. Tags and Categories mostly work as expected. I've used most of the financial apps on the Mac App store and iFinance has a superior interface. I expect that it will continue to get better at downloading transactions more accurately..44_FooterVersion: 5.0.22

✓ Longtime userI have used this several years for personal accounting. It is so much easier than the huge programs I used for businesses..Willie from WacoVersion: 5.0.23

✓ ReviewAlthough the new layout looks more up to date, I find that the user interface is not as good. There is too much information on the screen. When entering the transaction amount, the program doesn't allow you click or tab out to next field. You constantly keep over writing this field with data from next field. Disappointed that the account reconcillation function has been removed. The previous version had an over complicated function which didn't work. Would have liked to see an option to rename the flags so instead of just named by colour, you could give them more meaningfull names..RCRich01Version: 5.0.21

✓ Still essentialI use credit cards to keep my credit score up, but always pay them off monthly. I also track various store credit accounts and savings accounts. I’ve used iFinance since version 4 to balance my finances every week, and it’s still essential at the start of 2024. I don’t use the IAP of online connections to banks, that way every transaction I enter is one I recognize. When a transaction hasn’t been paid off, I can flag it so it stands out later. Recurring transactions like savings deposits are easy to set up automatically. When I pay a credit card from my debit account, it’s as easy as selecting last month’s payment and duplicating it for today, then changing the amount. The transactions have a line for a check number, but I don’t use checks, so I copy & paste transaction confirmation codes from the bank there. It’s easier than keeping the emails in case there is any question if I made a payment later. Developers- adding additional, customizable info lines would be helpful. Other positives are how I can add images to bank accounts, allowing me to see at a glance what card is what account. Again, devs, adding a custom line I can see in the main window would help, since I have one card that I only use on automotive stuff, and another that’s just for medical bills. I’d like to see that info readily. The best part of this app, which I didn’t find in others, is nesting. I can have one folder containing savings accounts, all individual but totaled together. In another folder, I can have a sub folder of debit accounts, with a second folder of credit card accounts. That way, I get a subtotal of liquid cash and a subtotal of outstanding debt, with the top-level folder showing the combined value of the two, positive or negative. This is also how I budget, since I add an additional folder for future recurring transactions I know will come out of the budget, like the monthly Apple One subscription. It stays in the Upcoming folder until it’s active under the actual charge account. This iFinance 5 app is essential for my personal needs..Zero EhxeVersion: 5.1.4

✓ Very buggyJust upgraded from 4 which I love and wish I hadn't. Doing an addition nearly causes it to crash- so increasing the amount on a transaction by using a plus sign takes 30 seconds. very frustrating. Looking forward to an update very soon! On the plus side you have corrected the fact that the sign and the amount in a transaction were ntt connected in 4 , so thanks. The look is better too edit, just to add there are further issues- the manual sync funtion now does not work well as you can't tell if you've missed items significantly worse than 4. The new function for when you buy shares doesn't work if the item is in fractions of pennies, so 0.1965 pounds rounds to 0.2 and make the amount wrong in the attached bank account. And finally you've removed the fact that credit cards automatically start with a negative amount, so every time you add a negative amount you have the chnage the sign- I'm sure most people add more negative than positive!.JasonpageVersion: 5.0.5

✓ Perfect for our home accountingWe've just upgraded from iFinance 4 to iFinance 5. The software is very reliable and gives us all the functionality we need and is user friendly..CynthiaBlue44Version: iFinance 5.0.15

✓ There are many things missing in the update that I loved in the previous version.I was one of the beta users for version 5; it had some glitchs but not as many as now. It seems to "freeze" between actions. Even the many colored circle of unknown comes up after and during the time the computer is to act on the program The version is very slow; I have never been able to link with my bank directly but could import the data in a timely manner, that does not occur. Please look into it, it has some good features but the bad is hard to overlook..Calk allVersion: 5.0.21

✓ Improvement SuggestionI really like using the current version of iFinance,. However, I do have one suggestion. An improvement would be to show each entry in a sequential order. By that I mean -- to have each entry appear at the top of the list when it is entered. Thanks. dp.Wulff_daveyVersion: 5.1.8

✓ Backward stepHaving purchased version 5 I see it as a backward step when compared with version 4. I will continue to use version 4 until I see some improvement with what is on offer. Feel that I have wasted my money..BaydaleVersion: 5.0.22

✓ I really like this…Have been using the iOS and Mac versions of this app for about a year now for tracking my expenditures across my 2 credit cards and checking account. My needs are fairly simple and straightforward, and this app has met my expectations nicely. What I like: support for import file formats (both on my Mac and on my iPad), iCloud syncing between my devices, automatic classification expenses into categories, and tracking of mutual fund performance. iFinance has capabilities that I’m not using, and I find its interface to be a bit complex. However, this really meets my needs nicely. Highly recommended..Home $$ guyVersion: 5.0.19

✓ App菜单建议增加中文支持App菜单建议增加中文支持.ChioklsdfVersion: 5.1.3

✓ Colin BThe program seems to be working well and meets my requirements. I appreciate the helpful manual. However I am awaiting an answer on line to my query about how to change between positive and negative entries on my iPhone. It's not a problem on my Mac but just on the iPhone..V1carVersion: 5.0.21

✓ Huge ImprovementsI’ve been using since the advent of iFinance 3. A great product that continues to evolve. One request would be to have ability to sync the local database with a spouse or significant other, preferably using iCloud. Software is sometimes temperamental, but the app support is there. A German company, with a solid app. Now if only all (not most) Canadian FI synced with Plaid (looking at you EQ bank)..Debunker13Version: 5.1.4

✓ Good app, but synchronization bugI have used this app for a long time, I like the options which include - design, online currency and stock updating, folder and budget system. But after turning on synchronization between Mac and iPhone it becomes a nightmare. I lost my files after 4 years of running a budget, an app created a backup and copies every time when I tried to open a file, in one hour it created tens of the same files, each with the same name. I reinstalled the app and it didn't help. Will see. If this thing will be not fixed I will look for a new app or turn off the synchronization and use only on one device. In general good stuff..Michael ChernovVersion: 5.1.8

✓ IFinance 4 was easierI had no choice to upgrade to iFinance 5 after my 4 became damaged. I had already decided I did not want 5 after reading other reviews and had intended to re-download 4. This was not possible so I had to buy 5. It is not a simple to use. I don't mind the new layouts. I like some of the improvements like being able to clearly see payee and category for the transactions. However, I get fed up of having to type in information that I have already added, e.g. name of new payee/purpose which just seem to disappear when you click off them. Don't bother upgrading if iFinance 4 still works for you. Synium, please sort these niggles that are incredibly frustrating..OrgumptyVersion: 5.0.23

✓ A truly Great App with an abundance of must have featuresI highly recommend this app. to anyone running a household budget/small business etc. In my opinion iFinance 5 is the best personal finance app. on the market and I have been using it for many years since its inception. Everything about this app. is to like and appreciate. The iCloud syncing across all of your devices in real time is invaluable and a welcome feature when on the move. The developer is constantly looking to enhance a truly great product. Thank You! ....Always janekVersion: 5.0.27

✓ Love this appI do all my daily money transactions with this app. Plus i can add the data via my mac, ipad and phone as theyre all linked to my icloud account. Highly recommended.Ne.mo50Version: 5.0.21

✓ Reporting errorsTherre seems to be a bug in the analysis section. When I bring up an expense report or chart for the year it lists total expenses $200,000-$300,000 larger than reality..Port Orchard playerVersion: 5.0.18

✓ A lovely finance appComprehensive, easy to fill in the data, I've paid for the app but not subscribed for online banking so it's very inexpensive for a good personal finance app that also includes shares, it shows the share price and how much your shares are worth and several charts showing the price from a day to five years. Syncing over iCloud is a little complicated but it works. When I used to have iFinance on just two devices I prefered syncing using the Local Network option..Gardener georgeVersion: 5.1.3

✓ ReconciliationWhere is this function on the latest version??.BrorseVersion: 5.0.22

✓ Nice App but a slow on supportThere are several areas for improvement, but support is very slow responding back. This could be the best App for personal finance in the whole App Store, but they need to listen to the customer suggestions and keep a good communication..DKVVVersion: 5.0.28

✓ Too Many Nagging ScreenI have a nagging screen for review each time I open the software.Milpat9999Version: 5.0.24

✓ Databases not syncedDatabases not synced across devices (iOS, iPadOS and macOS). Reinstalling not helping..RafkatVersion: 5.1.8

✓ Automatic entry of contact name is incorrect every timeThis mechanism should look up previous entries (the ones that have been corrected manually) to fill out the new ones correspondingly. I hope it will be fixed, because now it is useless. Otherwise, I think it is a useful app and rather well thought out..Le SymphonisteVersion: 5.0.20

✓ I like the update butI much prefer both the look of the update and also the increased functionality. I don't see why people are unhappy. However I do wish there was a way of using the mouse to do more ratehr than have to move around so much. For example adding a new transaction or chnagimng the status of a transaction would benefit by being able to use the mose to do it.... usablity issues really..DidactylosVersion: 5.0.5

✓ Home budgetingReally easy to use but lacking on the ability to print different reports..AwfulphotographerVersion: 5.1.8

✓ Good applicationIt's nice and easy to use. I don't care about bank connections and similar functions. It's perfectly sufficient for tracking expenses and estimating net value..Cringy pomidorVersion: 5.0.25

✓ Pretty decentWorks like a charm. It is complex in some fields but overall is really good..BacksideRepealVersion: 5.0.21

✓ Step backwardsA step backwards in many regards. The interface is terrible and I hate having the main icons on the left since it reduces the useful space for transactions. The colour purple, that appears to be used almost everywhere, is a terrible choice. But, perhaps the most annoying, is that the creators have eliminated the possibility of manual entering the values for stocks. This was very useful for assests without a price value on Yahoo. Furthermore, there is still no way to import or export stock purchases or sales. I loved iFinance 4. It really only needed some smally tweaks, particularly with the stocks function. I was excited about a new release so this version is a huge, huge dissapointment..GilixVersion: 5.0.21

✓ Needs improvement.I'm thinking of going back to 4. Why? 1. Slowness. Adding new items. 2. Doesn't start with the account I was working in last. 3. Doesn't save my column changes. Removed columns come back when app openned again later. 4. REMOVED PENDING FROM RECONCILIATION. I now have to use a yellow flag..JhakieVersion: 5.0.3

✓ A lovely finance appI've had the apps on my iMac and iPhone for several years and am delighted. I've not subscribed to online banking. It's a comprehensive personal finance app that includes share prices. Syncing by iCloud is different, but it works. You close on one device, and when you open the app on the next device, you’re asked which version to use..Gardener georgeVersion: 5.1.3

✓ Best Mac Finance SoftwareI have been using it since 2011. It keeps improving with each new version at a reasonable price and all subversion upgrades are free. The only software I have used more than a dozen years is Syniums' MacFamly Tree, which is why I chose IFinance in the first place..Retired Systems AnalystVersion: 5.0.27

✓ Great AppI held off writing this review until I had used the app for about 6 months. First, for places like Australia which don't support automatic export of bank transactions, it is almost the only game in town. Fortunately, with my bank you can export to csv then iFinance has pretty comprehensive and flexible import items. Reporting is comprehensive. It takes a while to customise the categories to your preferences, which is always going to be the case regardless of software. Changing categories of historical transactions is pretty easy, so you can experiment until your categories are working. Budgeting is quite easy, and informative, once yu have a years worth of data. Two potential improvements. It seems that the facility to dynamically apply categories on import doesn't work when importing from csv files (or at least I couldn't get it to work). Second, categories aren't treated as income or expenses - all positive cash flows are treated as 'income' and negative are 'expenses'. this may strictly be true but I would rather a refund from my health fund be treated as an offset to health expenses in reporting, rather than 'income'..Steve unhappy 1Version: 5.1.8

✓ Absolutely no use to UK bank account holdersIn a suprise 'upgrade' decision, it seems the ability to reconcile iFinance5 account figures against real-world bank information has been completely removed for anyone with a UK Bank Account. Which bright spark thought this was a good idea? Without it, what exactly is the purpose of the app? If you want to play Post Office with imaginary money, go ahead - it'll be great, but if you want to keep an eye on real spending, it's next to useless without this capability. A disappointing effort by Synium - I will be going back to v4..Long-term user in Bath UKVersion: 5.0.11

✓ IFinance 5 - A must !I use iFinance every day since the last 8 to 10 years. This app is just fantastic. It is simple to use and if you want to keep track of your own expenses, this is the app that everybody should have. Thanks to Synium Software for this great app..Kartouch1Version: 5.0.6

✓ Well done! …This would have to be one of the best pieces of software I own. Managing your finances and household budget is a breeze on all your devices including your computer, iPad and iPhone. The iCloud syncing is invaluable with modifications updating on all devices as they occur in real time. Congratulations and thanks to Synium ….Always janekVersion: 5.0.12