Microsoft Money Plus Sunset Home & Business
All business owners need to make sure their financial transactions and accounts are not only safe but also kept as accurately as possible, to avoid fines or simply losing money. Microsoft Money is a comprehensive software solution that can meet most financial management needs.
First of all, one can protect their budget data with a password to make sure unauthorized people cannot get access to the information stored within the app.
Secondly, users can rely on this utility to manage both their personal and their business accounts, assigning them relevant names. They can specify their business’ name and full address, as well as the initial balance. Once these configuration steps have been completed, users can start tracking their finances with ease.
Though the graphical interface might seem somewhat overwhelming at first, each function is organized within its own section, and bank transactions, bills, reports, investments or reports can be managed without any confusion by anyone, even if they do not have an accounting degree.
Create your own invoices
Since Microsoft Money aims to provide users with a wide range of tools for their financial requirements, it also comes with a dedicated Money Invoice Designer component. This can be used to generate invoices customized with one’s own logo, business name and address.
Set up alerts for upcoming bills
Another helpful component is called “Insights” and it displays taskbar alerts regarding unscheduled expenditures, cash flows or upcoming bills. Depending on the user-defined settings, the displayed alerts can include only one of the aforementioned categories, to prevent them from being too much of a nuisance.
Evaluation and conclusion
All in all, Microsoft Money is a feature-packed application for those who want to get a clear overview of their spending habits and the financial status of their business. However, since the project has been abandoned and support is no longer provided, users need to rely solely on their skills to make the most of the product. Its interface is intuitive, and it does not put a strain on the computer's performance, as it requires a low amount of resources.
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