In the age of iEverything for Macs, it stands to reason there would be an iCash—a money management app to compete with Intuit’s Quicken, Mac or Windows.
For those Mac users who manage finances, and don’t require every bell and whistle known to man, iCash is a good way to track income, expenses, debt, and transactions. What else do you need?
Minus The Bells And Whistles
Mac money management apps range from simple digital checkbooks to full-blown double entry accounting systems to everything in between. Financial management apps can be easy or complex. Or, both.
iCash takes the middle road. It’s beyond a checkbook balancing app.
Most users outgrow the checkbook apps and need to upgrade to an app that keeps track of expenses, income, credit cards, total debt, and all transactions.
iCash makes it easy but is somewhat typical of Mac money apps. It’s not double entry, but works using multiple accounts to manage your transactions. That means it’s good for personal use with a few accounts, but has enough features for small accounting needs—associations, small businesses, self-employed, organizations.
The user interface is standard for Mac apps. A self explanatory toolbar graces the top. Import, Export, Scheduler, Accounts, Categories, Charts, Print, and more.
Tabs give you one click access to Transactions, Queries, Reports, Budgets, and Statistics.
The single page view displays account balance, transactions, account type, comment notes, and can be sorted by account or transactions.
And, yes, there’s good old fashioned iCandy within iCash, though not as sophisticated as what you’ll find in other similarly priced Mac money apps.
iCash takes the account approach to managing money.
That means you start by creating accounts for everything. All expenses, all income sources, your checking and savings accounts.
iCash then makes it easy to move money (and track checks) between accounts. You determine the categories and types which are reflected in the variety of reports.
One advantage of iCash over other Mac apps is that there’s a Windows PC version with a similar interface. That makes iCash good for organizations where more than one user may be in charge of the money.
It also carries some high end features, including nearly a dozen languages, multiple currencies, scheduled and recurring transactions, a built-in calculator, password protection, and a SQL database with auto-backup.
iCash is decent and has plenty of features and you can try before you buy. It’s not QuickBooks, but it’s far beyond a simple digital checkbook.