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Software for Household Accounts

What do you recommend?

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About 25 years or so ago I used to use software to do my household accounts. I can't remember the name of it now but I do know that it was very good to use, but it was discontinued. I just wondered if anyone can recommend software for personal use.

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22nd Mar 2019 20:57

I use VT software for personal stuff.

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to Moonbeam
23rd Mar 2019 11:09

Yes - you'll need to add a few headings as household accounts won't fit into the standard accounting headings but no reason why you shouldn't use VT or, indeed, any accounting package.

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23rd Mar 2019 16:17

do you want an app or desktop?

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24th Mar 2019 12:06

Microsoft Money was an excellent program and it's a pity it was discontinued. Another program similar (and may well be the one you were thinking of) was called Quicken. I'm sure I've got a copy of Microsoft Money floating around somewhere.

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By CMED
25th Mar 2019 10:47

Yes, it was Quicken. I liked it because as far as I remember the headings were more suitable to household rather than standard accounts and you could add investments etc.

I only use Tax Return software (Taxcalc) and haven't looked at accounts software. I'll have another look.

I'm looking for desktop.

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25th Mar 2019 11:21

Yes, I rather liked Quicken, but found Money suited my purposes better.

Quicken is still available, which I wasn't aware of

https://www.quicken.com/

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to legerman
25th Mar 2019 11:29

You can still get MM from Amazon as well (not cheap though)

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to Cheshire
28th Mar 2019 12:10

Cheshire wrote:

You can still get MM from Amazon as well (not cheap though)

You can say that again! I've just had a look, £50 for 15-20 year old software? They're having a laugh.

I've got about 100 CD's of various old software underneath my office table. I could be sat on a goldmine lol.

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to legerman
28th Mar 2019 18:13

There is a market for disks containing obsolete programs because nobody wants to learn a new program (or even the latest version of an old program, eg: Windows 10) if they don't have to and if their favourite program was on a computer that died irrevocably and they didn't bother to keep their original disk, and re-loading doesn't trigger a demand for checking back in with the mothership, they may well pay a good price for a replacement disk. If the program is obsolete who is going to pursue the seller or the buyer for breach of the licence agreement?

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By ian339
to legerman
28th Mar 2019 12:37

Unfortunately, the original Quicken is no longer supported in the UK by Intuit, only their business offering, Quickbooks.
I do my household books on a venerable Quicken 2001, which still runs happily under WIndows 10!

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25th Mar 2019 12:45

Household accounts? why would you do these? Very confused.

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to JCresswellTax
25th Mar 2019 13:01

I understand that we're going to need to submit these to HMRC from 6th April 2025.

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to lionofludesch
25th Mar 2019 13:17

What? Wont the back of a fag packet version1 be any use any more?

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to Cheshire
25th Mar 2019 13:29

You'll need Beermat v2 or later.

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28th Mar 2019 10:48

I use Wave Accounting for a small club that I act as Treasurer for - its cloud based and free, and you can configure the Chart of Accounts any way you wish, so can't see any reason why that wouldn't work for you.

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By Megan23
28th Mar 2019 10:49

I use this for our personal accounts and investments. It has a similar look to Quicken. Have used for a number of years and find it very good.
https://moneydance.com/

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By CMED
28th Mar 2019 11:30

Thanks all, more research to do!

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28th Mar 2019 13:20

BankTree £35 but a free trial to test before you buy. But they refresh every few years and you have to buy again.
Or Quickfile free for small companies and MTD compliant but focus on companies rather than household accounts

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28th Mar 2019 13:32

I use QuickBooks -useful for all the bank imports

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28th Mar 2019 14:48

My Father in Law has a 'blue book'
It contains all his savings,utilities and well everything. His stock of old light bulbs is in there and it is adjusted every time a new bulb is required. He spends days in his little office carefully recording every transaction. He is in late eighties but it keeps him happy and moves his brain cells around. It is believed that the secret of the universe is in there somewhere. All people should have a 'blue book'

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28th Mar 2019 17:03

You can download for free the "Sunset" version of Microsoft Money - no support tho.
Look at Gnucash - there is also a portable version that runs from a USB stick - carry it with you, for easy reference. It is truly free, open source, no ads, and there is a large community of geeks supporting it online.

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By CMSmith
28th Mar 2019 21:29

I use QuickBooks, and have set up household categories for my chart of accounts. I have all my bank feeds apart from Monzo which I have to import via CSV. It makes me happy :) lol!

I previously used moneydance which was great, but moved away as I wanted something purely cloud based.

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30th Mar 2019 05:40

I use Wave, it's excellent and it's FREE!

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