Personal Finance Software

[Dave2P]

Looking for something like Xero but for personal finances.

Elderly relative is unwell and losing track of his accounts and needs it all sorting out.

Used Quicken many years ago but would prefer something online now.

Should have bank imports, net worth reports, etc. but - if at all possible - the ability to give read-only access to others (e.g. so said relative can stay informed, but not have the opportunity to stuff up the reporting!).

I've had a quick look at PocketSmith, which allows multiple admin users.

Any recommendations?

TIA

[FriedMarsBar]

I tried MoneyDashboard for quite a while but it has issues with accounts becoming out of date which then require a complete new account and config. I also found their support is poor, I guess as it's free. I've switched to PocketSmith and think it's excellent. Before I bought PocketSmith I found that most tools are app based, which doesn't suit me, and there's very little in the website or even desktop app space. They're actively developing Pocketsmith so you could ask them to add a feature. This is their roadmap https://learn.pocketsmith.com/article/1024-what-we...

[Mr Pointy]

I'm still using Quicken 2004 & hoped this would be an alternative but it doesn't handle VAT. In fact the website doesn't seem to recognise the term VAT if you search for it. Back to the search.

[Dave2P]

FriedMarsBar said:

very little in the website or even desktop app space.

Yes, a bit more search / trawling of reddit, etc. does give this impression.

Definitely a plus point that Pocketsmith is being actively developed, and it does look like a good option at first glance.

Thanks for the info - much appreciated. Cheers.

[pacenotes]

Why not just use Xero?

[Mr Pointy]

pacenotes said:

Why not just use Xero?

Because Xero is accounting sofware for businesses not personal finance software for people.

[onetwothreefour]

still using gnucash here. It’s double entry accounting so every transaction has to be matched. It will import qif / ofx and other files and will guess how to match the accounts based on previous entries.

Reporting is fairly powerful and i guess you could export the reports and give access to them.

The version i’m using is a few years old so it may well have moved on since then. I don’t use it for portfolio tracking so can’t comment on if it does that.