Developer: Synium Software GmbH
Current Version: 3.3.19
Last Updated: 3 years ago
Download Size: 77 MB - Download
The easy and effective way of managing your personal finances
Get an overview
With iFinance, you'll always be up-to-date with your finances! Record all your spendings and income with your Mac. Categories help you stay on top of where your money comes from and where it flows to. Use the informative charts and reports to optimize your finances.
Make your work easier
Import your existing data or your digital bank statement: iFinance will import .CSV, .QIF, .OFX and MT-940 files easily. In addition to this, iFinance Mobile is available from the iTunes AppStore for the iPhone, iPod touch and iPad so you can enter all your spendings right when they occur and keep track of your financial situation.
Convenient Data Entry
Recurring transactions need only be entered once while specifying repetition frequency. Transfers like cash withdrawals will automatically be added to the counter account. Foreign currency transactions and totaLs can automatically be displayed in your own currency using the current exchange rate. Categories can automatically be assigned by tags.
iFinance presents you with a comprehensive toolset for graphical analysis of your data. Interactive 3D charts give you an idea of your total funds' development.
Set up limits for monthly spendings - either overall limits or specifically for eating at the restaurant, groceries, clothes or candy. iFinance assigns your spendings to the corresponding budget and warns you when you're drawing near your limit.
What charts offer in graphical representation, reports make up for in sheer numbers. Income and spendings, profits and losses. iFinance can determine your TOP 10 used categories, tags or beneficiaries.
Search & Find
Easily spot a specific transaction with iFinance's search parameters or simply filter your entire data by self-defined criteria.
Secure data storage
iFinance will optionally password-protect and even encrypt your private financing data.
Supported Languages & System Requirements
iFinance has been localized into 11 languages overall. What this means is that the entire user interface with all its buttons, labels and menu items is automatically set to your Mac's system language defined in your System Preferences. Currently supported are: English, German, French, Italian, Dutch, Portuguese, Russian, Czech, Spanish, Chinese and Polish.
For using the Portuguese version of iFinance, Brazilian Portuguese has to be active on your Mac. This can be achieved by opening the system preferences and the language settings. Add Brazilian Portuguese as new language and drag it above "english".
iFinance summed up:
■ Overview of your finances
■ Import of .CSV, .QIF, .OFX und mt-940
■ Stunning Charts
■ Smart Budgets
■ Comprehensive Reports
■ Powerful Search feature
■ Print on remittance slips and cheques
■ Automatic categorization
■ Password protection
■ Extensible with iFinance Mobile for the iPhone, iPod touch and iPad
■ Supports 11 languages and many currencies
"I must say that I like iFinance very much. I like the simplicity and the potential power of that program. I like the different diagrams and the interactivity of it"
"I’m really liking your software! Great stuff"
- Compatibility with OS X Yosemite
Most Helpful Reviews
All in all - a super app for me! - This really is the most well rounded financial tracking app I've come across. I've tried Quicken, Mint, Pageonce...you name it. They all offered automatic syncing with my financial institution, but it seemed to take a really long time for transactions to make it to the application once I'd made them. The other thing, the BIGGEST thing for me, is that they didn't offer the ability to add new transactions in my phone, and sync those transactions to my desktop. This app syncs beautifully between my MacBook and my phone! I even have two iPhones synced to it, so my boyfriend and I can both track transactions in our shared account and sync them back to each other. The only thing I think is missing is that the budgeting usability could be improved, for example add the ability to opt out of warnings or specify how you want to be alerted; when adding iCal alerts, allow the ability to add an event for each occurrence of each bill (instead of just the one you click on). I think it would also be nice if you could sync with your financial institution AND add your own transactions. If I have to take one over the other, though, I'll take this. I'm giving this 5 stars even with those small things because the price is fantastic, and I think for the price this is a really great value. Pros: - Adding your own transactions on the go - Super simple syncing with your iPhone (even more than one)!! <-- This is a super feature and for me was a primary selling point. - Pretty simple interface and allows you to do most things involved in tracking finances for a typical household Cons: - No sync with financial institution - Budgeting interface/usability could be improved - No ability to interface with financial institutions - The daily balance in the transaction screen is a little hard to understand - might be good to highlight the current balance a little more/make it bigger Thanks!
DO NOT BUY!! (Unless you live in Germany) - One of the biggest reasons that I purchased a personal finance app was for the ability to sync with my bank accounts. However, only after buying, installing, and unsuccessfully trying to set up my account info, did I discover IT DOES NOT SYNC WITH BANKS OUTSIDE OF GERMANY! (or at least banks that don't support HBCI) Thought I would try to simply import my data through their .csv importing function, NO LUCK EITHER! If you bank in the U.S. and want something to sync with your American accounts, DON'T BUY THIS APP!!
More Reviews for Current Version
Useful but Quirky - Here’s what you need to know (as of Jan 2015): 1. Online banking doesn’t appear to work for US banks. Manual entry required. 2. Asset, Liability and Equity accounts are known as “accounts”. Income/Expense accounts are known as “categories". 3. Use the Profit and Loss functions for nearly everything. The Income and Expense functions do not track contra-entries!! Example: You buy something, and return it later. Debit the expense category (purchase), and then credit the expense category (return). Thus, the opposite credit/debit entries match the bank statement. However, the expense/income functions only show entries for the normal balance (debit for expenses, credit for income). That’s why none of the standard income/expense reports match .qif import data. It’s frustrating at first, but once you realize that the profit and loss functions do track contra entries, you’re good to go. 4. Reconciliation is a bit confusing at first, but pretty easy once you figure it out. Just highlight all matching entries, and then batch reconcile. The quirks are easily worth -2 stars, but here’s the thing. Since iFinance doesn’t really allow you to drill down on summary information, you build most of the information display system yourself by adding budgets, reports and charts (using the profit and loss functions). For instance, I run my P&L summary report through the budget tab by setting the P&L budget to track all categories and setting losses must not exceed $0 per year. If the balance is negative, the budget is red. If the balance if positive, the budget is green. Plus, the budget graphic displays the balance as well. Very easy to see in the left tab on the home screen. I don’t even need to click on the P&L report to see the profit or loss, unless I want detailed category information. Customization is +1 star. After a while, setting-up the program is fun, and it’s interesting to think that everyone has a different configuration. I wonder if anyone else has found better shortcuts or built a better shorthand information display in the budget tab.
Problematic - I bought this app some time ago to replace Microsoft Money. This program has proven to be quite glitchy for me. Some specific problems: - likes to duplicate your recurring entries. There is no rhyme or reason to this occuring either, it will just randomly throw duplicate entries onto your ledger, leaving you to try to figure out where the problem is when things don’t line up. - using it in conjunction with the mobile app should theoretically be great, but it isn’t. Same problem with duplicate entries and the inability to properly sync. I’m displeased enough with this app that I’m searching for a new one to try.
Not a Quicken alternative - I was looking for a good alternative to Quicken for Windows. I did some research and apparently Quicken for Mac 2015 is really, really bad, so I didn’t buy it. I was looking for an alternative that is better rated and this was in a review I read as a good one. If you are starting from scratch with no data imports and just a few accounts, it may be a good alternative for you. However the import process from QIF (quicken) is poor, and the balances don’t match in Ifinance from quicken. That alone renders this useless to me. I’m not going to redo/reconcile/research all my transactions to see why it isn’t right in a brand new application. This is a fail unless starting anew with no import. I never got that far so it may or may not be ok at that point.