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    Money 2002 Personal and Business

    Money 2002 Personal and Business

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    From: Microsoft
    Category: Software


    This item is no longer available

    Avg. Customer Rating: 2.0 out of 5 stars 9 reviews
    Sales Rank: 5444

    Platforms: Windows 98, Windows Nt, Windows 2000, Windows Xp, Windows Me
    Media: CD-ROM
    Number Of Items: 1

    Model: 659556723798
    UPC: 659556723798
    EAN: 0659556723798
    ASIN: B00005QWTX

    Release Date: November 24, 2001

    Customer Reviews:   Read 4 more reviews...

    4 out of 5 stars I wish I had tried MS Money P&B before buying it   January 13, 2003
     31 out of 32 found this review helpful

    Though MS is giving a trial version of Money 2003
    downloadable from their site I wonder why don't they give us a possibility to see MS Money 2002 Personal and Business prior to buy it?
    Well, I have already bought and unpacked it. It is quite easily installed; I guess it is a really good thing for small businesses while there are the following troubles which are a big minus from my point of view:
    1. In the purchase ledger: having entered a payment against an invoice be sure you have completed everything as detailed as possible and make sure you've given the right figures: once you've entered them you won't be able to correct or amend them. The only solution is to delete the whole transaction.
    2. No budgeting for business expenses is foreseen. That's a serious mistake of MS programmers.
    3. No detailed reports are available for BS expenses nor can a group classification of BS expenses be added (for example, you won't see various depreciation and ammortisation summarised, it's impossible but often it is needed). This is another feasible mistake.
    4. The software considers cash withdrawals as capital operations (I don't know why) and makes the balance sheet to seem a little bit "dirty" when checking transactions in accordance with the chart of accounts.
    5. It has an unfriendly interface and always asks the user about things he/she cannot know, yet or which he/she is not familliar to - I find it rather annoying. At the same time the system has a lot of absolutely unnecessary reports; confusing them all I soon become very angry with myself I have bought it and with MS corporation that invented it.
    Perhaps, if you own a little cafe` next door to your home this software will be right for you. But it doesn't meet requirements of a business with more than one activity held.
    Best regards,
    Ruslan (Moscow, Russia)



    1 out of 5 stars Microsoft Money 2002 Personal & Business   October 8, 2002
     26 out of 29 found this review helpful

    Having considered Microsoft to generaly produce good software packages, I oppted to try ms money business for my business, but like the rest of the reviews on this product I found I was not alone and thought it was just me not being able to use it.
    E.G 1. when setting up an account and you don't enter the correct balnce right at the begining forget it you can't adjust it, 2. Purchase's if you make a purchase then make sure you get the details correct. To record it in the account you must first pay that of first other wise it goes's belly up, then once paid you can't see your list of purchases which i found very infuriating instead of reducing my bookkeeping time i found it doubled it.
    Overall it is a very difficult package to use and very unforgiving don't buy it.



    3 out of 5 stars Quite decent, but business side is not that great   May 27, 2002
     29 out of 31 found this review helpful

    As a personal product it's very good. It could use better online integration (more banks).

    The business abilities are limited. Sage Instant Accounts I found is a lot better, others may prefer Quicken. Only use the business side of things if your business is very straight forward.

    I like to treat my business and personal earnings seperate even though they share a bank account, and i struggle to make it work in Money 2002.


    1 out of 5 stars Just Say No   May 16, 2002
     35 out of 37 found this review helpful

    I have used various older versions of Microsoft Money when I lived in the US and loved them. This one has me tearing my hair out. I am probably going back to an older version.

    I thought that the new UK version would be at least as good as the US versions; it isn't. It offers more functionality and more UK-relevant applications, but either they don't work or they are vastly complicated.

    For a start, there is one basic bug that stopped it working straight from the box. The UK support people can fix it quickly, if you can wait for two hours on the phone.

    It is very badly flawed on the Business side. Entering payments and purchases is incredibly time-consuming and badly thought out. It isn't easy to upgrade from older files - indeed in some cases it just isn't possible at all.

    It also seems to have a lot of bugs in it. It has crashed six times tonight. At one point, French text started appearing in some account registers. It now won't accept any downloaded bank statements.

    I suspect MS patched this together from other versions. It tried to put lots of whizzy functions in it, but hasonly succeeded in producing something that doesn't work very well at all. Far from saving time, it has ended up by consuming vast amounts of time and causing me great anguish. It is a bad product.


    1 out of 5 stars Invoicing & Statementing Frustration   April 24, 2002
     29 out of 29 found this review helpful

    Just picked up this package as it listings appeared simple enough to keep a track of invoicing, credit notes and statments. However each invoice required so much detail to be entered, it became unnecessarily complicated.

    Then to find a way to produce customer statements was absolutely impossible. It says it can be done (according to the outer packaging). It even lets you create a Statement blank form. However I tried for days to get it to actually produce one from the information entered. There was no mention of it in the instruction manual apart from creating the blank form. Then silence and you are left with a program that won't do what it says it will..
    I was very disappointed.

    Thank you for shopping ExcelBookstore.co.uk!