MoneyMinder Reviews

Pros

I really like the fact that this is very easy to use. If you do not have an accounting background you can still operate within the software with limited knowledge.

Cons

The totally separate fiscal years is very limiting in some aspects. I would like to be able to print all details for the prior year for those contacts that have not paid their bill.

Alternatives Considered

QuickBooks Desktop Enterprise

Reasons for Switching to MoneyMinder

Ease of use and cost.

Pros

We are a small HOA association needed a simple replacement for our spreadsheets to track our accounting. After a good deal of research, I stumbled on MoneyMinder. The free trials, plus the AMAZING assistance from [sensitive content hidden] in Money Minder support to create our setup and input an entire year's worth of data for us was a game changer. And for the first time, we can easily create a budget and track our income and expenses to budget.

Cons

I would like to see a report by month of income by unit with the unit #, all in one place with totals for each unit for each month. Maybe it's there, and I just haven't found it. I think they option for accrual rather than cash accounting would be helpful, but not critical.

Alternatives Considered

Quicken

Reasons for Choosing MoneyMinder

For my own sanity when I took over as Treasurer :-) Plus we need accounting software and more automation. MoneyMinder provided that for us at a very reasonable price with incredible support.

Reasons for Switching to MoneyMinder

MoneyMinder was targeted to non-profits including HOAs, and also had the support we needed.

Pros

The software itself was straight forward and easy to use.
I ran into a lot of trouble with reconciling Money Minder. [SENSITIVE CONTENT] went above and beyond to help me get it figured out.
She dis an absolutely phenomenal job!!

Cons

Nothing specific about the software was negative.

Pros

Clear menu driven software. Format, font, fields are easy to read/use without spending hours reading tutorials.

Cons

I would like to be able to create the billing statement and reports with our Logo, add my own color scheme and format.

Pros

For a school booster club, accurate accounting is crucial but so is ease of use and in handing the program down to a new treasurer every year. MoneyMinder makes all of that simple! When I took over the role last fall, it was a breeze to jump in and figure it out. It made, and continues to make, my volunteer role much easier. Also, the ability to look back and compare the same events in previous years is great!

Cons

My only complaint is the added cost of integrating bank statement downloads. For a small club, we're already spending a lot for the program and don't want to add more. Just makes my job a little more time consuming to have to enter those entries by hand.

Alternatives Considered

Quickbooks Online and Wave Accounting

Reasons for Switching to MoneyMinder

Our club had been using MoneyMinder for a number of years so the history was already there. A different product would have had to offer something much more amazing to get me to switch.

Pros

It is easy to use and guides first time users in a way that is easily understood.

Cons

None. I am 100% happy.

Alternatives Considered

QuickBooks Desktop Enterprise

Reasons for Switching to MoneyMinder

The price, the ease of use, and the customer service!

Pros

This has a treasurer's report which is very easy for our board to look over that we did not have before. I can answer questions and print trails of how numbers are determined. With our last treasurer, we had to do our own calculations and it wasn't always easy to follow.

Cons

If you aren't great at understanding accounting for "restricted" accounts when the money is really all in the bank account and the restricted accounts are for information only.

Alternatives Considered

Quickbooks Online

Reasons for Switching to MoneyMinder

MoneyMinder fit the nonprofit and fund accounting easier than Quickbooks.

Pros

It is a very straight forward product that has been easy to set up and use from day one.

Cons

Some of the reports have more columns than I would like and being able to hide those would be great. It’s probably possible but I just haven’t asked how to do it yet.

Pros

I am very satisfied with the quick response when I have had questions. Within minutes!

Cons

I am new to this position and was confused at first about the software, but as I work with it I have become more comfortable.

Alternatives Considered

QuickBooks Online Advanced

Reasons for Switching to MoneyMinder

Price, and that it's intended for non-profits specifically

Pros

This system is great in that it combine expenses and revenue on the same line item, which is way easy than Quickbooks. Also the ability to download transactions directly from PayPal is life changing for me.

Cons

It can be a little confusing trying to figure out what reports to run.

Pros

The to which set up Vendors. Transaction reports are easily available. Reconciliation of multiple accounts.

Cons

Didn’t have the ability to search by dollar amounts.

Pros

I like that it is easy to use and provides different reports. It is not difficult to enter the information you need for your organization. It is easy to make a correction if needed. With this program, it is easy to reconcile your bank statement. Wonderful to upload your budget for the year and again, easy to change as the year proceeds. I have recommended this program to numerous PTAs. I feel one of the biggest pros to this program is that you may retrieve information from past fiscal years. If you need to remember something, it is right at your fingertips. That helps make for an easy transition, when new officers are taking over the treasurer's job. I like that you can access the information from any computer as long as you have your information to log in. This is the easiest program to use with a low cost for all that it can do and produce!!

Cons

I haven't found anything on the program that I do not like in the many years that I have been treasurer for PTAs.

Pros

Ease of use and fabulous customer service. One doesn’t need to have a degree in accounting to use MoneyMinder. User friendly and save loads of time.

Cons

Wish I could use it for my own personal budgeting.

Pros

Extremely helpful and personal customer service. It is always frightening starting out with new software. "Looks great, until you buy it. Then you are doomed to figure it all out on your own." NOT SO WITH MONEYMINDER!! Have a question? CALL THEM! They reply, walk you through, and make sure you understand. They will even work through errors caused by YOUR OWN MISTAKES!

EASY TO USE, too!!

Cons

The ONLY feature I don't like is the graphic interface of the budget tool. I find the way the indentations of categories, subcategories, etc. to be really hard to read. I keep going back to try to figure out the hierarchy of the accounts.

Pros

This software program is very easy to use. It makes every aspect of accounting for a non-profit organization manageable.

Cons

I can not think of a single thing that I do not like about this product.

Pros

The software is very user friendly, even for people without an accounting background. [SENSITIVE CONTENT] has been a wonderful resource for all my questions. She is quick to respond and has helpful suggestions.

Cons

We do not want to carry over all of the Stores from Cheddar Up every year.

Pros

This program is extremely easy to use. I recommend it to all PTA volunteers. It is easy to train our ladies to use it. The reports that are generated are excellent in showing our members where the money has come and gone.

Cons

So far, in the 10 years that I have been using this program, I have never had a complaint.

Pros

It's a simple yet powerful program. MoneyMinder gets the job done effectively and efficiently. Very user friendly.

Cons

I've been using Money Minder for three years and I honestly can't think of a single thing that I don't like about the software.

Pros

I enjoyed every thing about this software right down to the login screen and the time it took to install it.

Cons

The only thing I didn't like was the cost. I wish they offered the program for free, then more people would use it.

Pros

Love the reports - easy to modify, to access and to share. This year we have discovered Cheddar Up and enjoyed it as well!

Cons

Might not be a huge name recognition yet.

Pros

Love the ease of use of this software for our non-profit. It is set up perfectly for PTA financing and is easy to use by the least to the most experienced treasurer

Cons

Every time I have had issues, I simply look up help in the menu or sometimes call customer support, I get the help I need right away.

Pros

The software is Intuitive, user friendly, accurate and simple.
Great customer department! It is beneficial to have transparency with the financials.

Pros

This software is very easy to learn and use. It is web based, so it can be accessed anywhere. For volunteers, it may be at work, at home or anywhere else. In addition, it allows multiple users, which offers transparency to the organization. With the other software that we were using, it was only on my laptop at home. Lastly, this software seems to have been developed with the part time volunteer in mind. It has all of the features, but not all the other items that a full business would need. All in all, I am glad we upgraded.

Cons

The main downside to the software was the migration of prior year's data into it. Although I have to say that the MoneyMinder team helped me through it.

Pros

Very easy to use and simple spreadsheets. Love that fact that we can have multiple users with different access abilities.

Cons

Set up was a bit confusing until I realized I could make the categories match our budget.

Pros

I love everything how I bring the summery of everything I love it

Cons

Nothing was difficult it was quite easy there's nothing that I like less of this website actually like it a lot