Banktivity is a personal finance program that was designed specifically for Mac and other Apple devices. It lets users create budgets, track expenses, and keep an eye on investments.
- All-in-one set of budgeting tools for individuals
- Tracks investment accounts
- Includes net worth report
- Tagging for quickly finding transactions
- Very simple to use
- Creates multiple reports
- Workspaces permit working in different sections of the software simultaneously
- Very expensive
- Not for businesses
- App has limited
When done properly, personal budgeting can be beneficial. Banktivity aims to help users reap the benefits of sound budgeting by providing an all-in-one suite of financial tools. The software must be downloaded or installed on a Mac, but once this is done the program can be synchronized with apps for iOS devices. Banktivity incorporates workspaces to let users access multiple sections of the program simultaneously. For example, a user can pull up their recent bank transactions in one workspace and view their stock portfolio in another. These workspaces are useful for getting a complete picture of one's finances. The software is very easy to use. It can be customized in a couple of hours. There is also a tagging function which allows users to define custom tags that can be searched. This is useful if users want to know how much they are spending on specific things. Create a fast food tag, enter restaurant purchases in that category, and the search results will show how much money has been spent on trips to the drive-thru in a given month. Reporting is another big plus. The report function helps to summarize spending. Budget software is at its best when it can point out areas where spending is a problem. Banktivity will do that with just a couple of clicks. The reports can be saved and compared against reports from another week, month or even another year. There is a net worth report which will allow individuals to view their overall solvency with a single click. The budgeting features on the software are traditional and straightforward with one exception. Banktivity allows for envelope budgeting. This works pretty much like stuffing receipts into an envelope at home. Just label the envelopes, file expenses in the right place, and the software does the rest. One thing that some people will not like is the price of the software. It costs $105. It is possible to get the same benefits offered by Banktivity for less money, but doing this requires using multiple budgeting programs.
I lost all of my years data inSept 2017. I lost all of my years date ib20 Dec 2018. I have tried to update from Banktivity 5 to Banktivity 7. It will not accept my code to gethe discount. I have found their telephone number on one occasion, but they do not answer. Live chat is difficult to find and then it is done only by typing a message. Their rep has given no help. Can't make screen shot work. I have spent approx 4 hours over a week trying to get