Product Description

Microsoft Money 2007 Home & Business makes managing business and personal finances fast, easy and automatic with precise tools that guide you through business taxes, inventory tracking and online payroll alongside your personal credit, debt, investment and taxes, so you can spend less time on finances and more time with customers.

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Product Details

• Amazon Sales Rank: #3471 in Software
• Brand: Microsoft
• Model: S67-00021
• Released on: 2006-07-24
• Platforms: Windows Vista, Windows XP, Windows XP Professional
• Format: CD-ROM
• Dimensions: 3.00 pounds

Features

• 1-year online payroll from PayCycle calculates and prints paychecks, fills out tax forms (including W-2s), and reminds you of tax deadlines
• Create great-looking invoices and manage the billing process
• Track business finances and generate business reports and charts
• Savings & Spending Budget helps you plan for retirement, savings, and debt repayment
• See all of your accounts--checking, savings, investments, and credit--in one place

Amazon.com
Microsoft Money 2007 Home & Business makes managing business and personal finances fast, easy and automatic. You'll get precise tools that guide you through business taxes, inventory tracking, and online payroll alongside your personal credit, debt, investment and taxes, so you can spend less time on finances and more time with customers.

Money 2007 Home and Business includes everything in Money Deluxe and Money Premium, plus many other features to help you with a small business. Money 2007 Home & Business is a great choice if you:

• Operate a small business with fewer than five employees
• Run a home-based business
• Commingle your personal and small business finances

Money 2007 Home & Business's customizable home page gives you a convenient snapshot of your financial picture. See your current account balances, profit and loss statement, income for last month, and more. View larger.

Now it’s easier than ever to create great-looking invoices and manage the billing process. View larger.

Payroll for Money by PayCycle calculates and prints paychecks, automatically fills out tax forms (including W-2s), and reminds you of tax deadlines. View larger.

You can create great-looking invoices with 14 new professionally designed customizable templates. View larger.

Stay on top of your business
List your products, services, inventory, and pricing in the Products and Services List and then effortlessly add them to invoices. It’s easy to price your services; track taxable items, reimbursable expenses and costs; and add discounts to line items. The Products & Services List integrates with reports, so you can see the value to your bottom line.

NEW! Effortless invoicing for sending by mail or e-mail
Now it’s easier than ever to create great-looking invoices and manage the billing process. The Invoice Designer includes a new look and feel that makes designing invoices easy. With 14 new professionally designed customizable templates—and even more ideas on our Web site—creating professional-looking invoices has never been easier and with the Invoice Dropdown you can quickly find the templates you’re looking for.

NEW! Payroll made easy with Payroll for Money by PayCycle
Your purchase of Money 2007 Home & Business includes one year of Money by PayCycle. Save time by downloading your payroll transactions directly into Money. Payroll for Money by PayCycle calculates and prints paychecks, automatically fills out tax forms (including W-2s), and reminds you of tax deadlines.

Get financial reports—fast!
Get the information you need quickly. Money 2007 Home & Business can automatically generate a wide variety of reports on all aspects of your business. Easily create custom reports to show exactly what you need to know.

Simplify your taxes for home and business
Money 2007 tracks taxable expenses automatically, links categories to your Schedule C form and helps find hidden deductions. Money 2007 Home & Business automatically categorizes both business and personal transactions, so you can track business expenses and be ready at tax time. Money 2007 Home & Business makes it easier to prepare and file taxes with expert tips from tax professionals. Tools such as the tax estimator and deduction finder help identify opportunities for tax savings. It's even easy to export data to tax preparation software.

Manage accounts payable
The Money Bill Calendar allows you to pay multiple bills from multiple checking accounts all at once, making payment even easier. Schedule payments in advance and quickly view upcoming bills. It’s a great way to organize your cash flow and take advantage of early-payment incentives.

Money 2007 Home & Business includes

• 1-year online backup for Money from Carbonite
• Credit report and 1-year monitoring from Experian
• GainsKeeper for managing capital gains
• H&R Block’s DeductionPro for tracking donations
• 10 Public Information Profiles from MyPublicInfo
• 1-year online payroll from PayCycle
• Compensation market data from Salary.com

Money makes it simple to get started
It's easy to get started with Money 2007 Home & Business, no matter if you are upgrading, switching from Quicken, or using Money for the first time. If you have been using a previous version of Money, Money 2007 Home & Business can automatically update your existing Money file. If you have been using Quicken, Money 2007 Home & Business can convert your Quicken information so that you do not have to start from scratch. And if you're using personal financial software for the first time, Money can walk you through the process to get set up and download your account information.

If you already use online banking, Money lets you see all of your accounts—checking, savings, investments and credit—in one place, with one password. Money connects to thousands of banks and updates automatically, so your balances and other information stay current.

Powerful tools at your fingertips
Investing has never been easier: Money makes it effortless to track your stocks, bonds, mutual funds, and 401(k)s. Plus, Money integrates with the popular MSN Money financial Web site, giving you up-to-date information, expert tips and guidance, and easy-to-use tools such as the stock screener, enhanced Expert Picks, and more.

Help secure your financial future. Money makes it easy to plan for college tuition, purchase of a home, or retirement. Whether your goal is to get out of debt or plan for the future, Money can help.

See where your money goes
After you've set up your accounts, Money can analyze your transactions and assign them to categories. Then you can easily track spending in categories you want to watch closely, such as dining out, entertainment, or clothing. Easy-to-understand charts show you exactly where your money is going. Money lets you see the big picture or drill down to the details. Flexible views let you easily move between top-line information like daily spending, savings and budgets to more detailed information.

Manage your bills and cash flow
Money 2007 Home & Business allows you to manage your bills using multiple online accounts. You can see what bills have been paid and which ones are due, so there are never any surprises. You can even schedule payments in advance. The cash flow forecast lets you predict how much money you'll have in your day-to-day accounts in the coming months.

Improve your financial outlook
Money 2007 Home & Business helps you protect and improve your credit, reduce high-interest debt, and learn more about your credit rating. Improve your investment strategy with access to tips, guidance, and relevant articles from the highly regarded experts on MSN Money.

Savings and spending budget
Money 2007 includes a new savings & spending budget to help you plan for retirement, savings, and debt reduction as well as your monthly expenses. It is the comprehensive budget solution that helps you see your savings grow and your debt shrink.

Click here to see a comparison of the features in Money 2007 Deluxe, Money 2007 Premium, and Money 2007 Home & Business (PDF file)

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Customer Reviews

Performance is harassament and functionality is faulty
I am a seasoned user of "Microsoft Money" since 2001 and used Money-2003, 2004, 2006 and 2007 versions. On the subject of convenience and integration of multiple financial activities, Money (and for that matter even Quicken) does fantastic job.

However, with 4-5 years of usage of 'Money', my money file has grown to nearly 21MB. With this size, I am getting pathetic performance which is consistently annoying. I have a laptop with 1.6GHz dual core CPU and 1GB RAM, however very basic activities such as looking at monthly report, budget report etc. takes 2-4 minutes to display on the screen ! Even if I go back and try again, it will again hang for 2-4 minutes. I will be lucky if I get 'any' operation finished faster then 5 seconds/transaction. The problem is with specific version but the way Money is designed to store its information. There were some comments on improving performance by using Database to store information but Microsoft chose not to invest money on that.

Another annoying thing I observed with Microsoft Money is with every newer release you will get fancier but more BUGGY software. So far I found '2004' release best in the bunch but once you upgrade the version and make new entries it is not feasible to go back to earlier version.

Let me give you example that will explain the problem. Most common activity one will have is it to download data from financial institutes. Money will connect to these institutes and get the data. It will turn back in 2-3 minutes with newer data and status as 'done'. On the "Account List" you will see, for example, 5 new transaction and when you go into that account there is 'nothing' yet ! Reason being, data is still in flight but status shows 'done'. After 2-3 minutes you will get the data in the account. When you try to accept the transaction it will say "data is still in flight" but you got status 'done' ! In short, after getting data downloaded from the institute, you won't be able to 'accept' them for nearly 5-6 minutes. I am surprised to see Microsoft is selling software w/o testing such basic functionality ! FYI, I noticed this bug only in 2007 release.

I wish to have a better software for my need w/o losing existing data but Microsoft hasn't decided to have better (not just newer) version yet. Quicken seems to have similar issues and it doesn't allow any migration facility for me to move my existing data from last 6 years. I can just wish that Microsoft Money 2008 comes with higher performance and basic testing.

If you are a first time user, prefer to compare both Money and Quicken for yourself before locking your data in one of the them. With 'Money', once your file grows larger, performance deteriorate significantly.

One last point-- even with above limitations, I am better off using this software then not having it at all. Microsoft is doing a good job of marketing its positive points so I won't spend time on that.

Trash!
I have been using this program for five years now and I'm finally going to switch to Quicken. The 'Invoice Designer' is a total waste of time... it just hasn't worked for years and Microsoft will do NOTHING to get it to work. This is the unwanted step child of Microsoft, so please don't waist your time!

Switching to Quicken
I've been using MS Money for 5 or 6 years now, with only minor issues. Prior to that I used Quicken, but when I got a Pocket PC I wanted to be able to enter transactions on the PPC, and the only handheld version of Quicken at the time was for Palm OS. So I switched to Money, and have been generally happy.

Last year I got a Windows Mobile 5 PPC, and went to download the Windows Mobile 5 version of Money for the PPC, only to discover that it didn't exist for Money 2006 and never would. "Have to wait for Money 2007" was the consensus on the net.

Ok - annoying that a Microsoft product was not available for a Microsoft OS, but it was only 5 or 6 months to wait. So wait I did.

A few weeks ago Money 2007 debuted, and I happily trotted off to the Money page to upgrade and get the new Windows Mobile 5 PPC client. Wrong - "Money 2007 will not synch with any handheld devices" was the terse announcement from MS, right below the line encouraging me to "take control of my finances with Money for the Pocket PC." Several Movey MVPs in online discussions have confirmed that MS will not be releasing a Windows Mobile 5 version of Pocket Money, period, end of story, get over it.

Fortunately, Quicken does have a handheld version, and it does work on Windows Mobile 5. So several years after switching to Money from Quicken due to Quicken's lack of support for Microsoft handhelds, I'm now switching back due to Microsoft's lack of support for Microsoft handhelds. Go figure...