KMyMoney – Update
After a fairly lengthy compile (hey, it’s a KDE app) I had 99% of my concerns addressed as soon as the application booted.
Right there, on the home page, is exactly the information I was looking for – not just my current balances, but what they’ll be in 5,10, 40, etc days.
I quick rummage through the new interface reveals a wealth of new features which go even further than Money in a lot of ways:
- Each account can now be given a hard and soft limit. For example, you can set your current overdraft limit in your current account and even tell KMyMoney to alert you when you cross a user-defined threshold.
- There’s a whole budgeting section giving me control over every aspect of financial planning that I could think of at the time.
- Not only has the lack of forecasting been addressed, there’s a whole section of the application dedicated to forecasting and planning.
- All of this ties in with a massively expanded reporting engine, producing multiple types of customisable charts, graphs and textual reports. Want your 90 day cash flow line graph (like I do)? Just plug in the dates and flag it as a favourite report and it’s there.
I really can’t praise KMyMoney CVS enough – it does absolutely everything I want it to do, so my Windows partition is finally going to be converted to a /home partition.
One thing I can’t comment on yet is the stability – I’m running the current bleeding-edge CVS build after all. My plan is to subscribe to the developers announce list so I can get a heads up on any potential show-stoppers. Obviously, I’ll also need to take backups a little more frequently, but that’s a small price to pay 🙂
Yet another free application that shows the commercial boys how it’s done.