Banktivity 5 (formerly iBank 5)
By IGG Holdings, LLC
Open the Mac App Store to buy and download apps.
The best personal finance manager. Only for Mac and iOS! For fast answers and great support including Live Chat, visit www.iggsoftware.com.
"There's really nothing better than iBank 5 [Banktivity]." — macworld.com
"Hits the sweet spot between power and simplicity, at an affordable price." — CNET
“Our favorite budgeting and personal finance app. It does everything well.” — The Sweet Setup
√ GET ORGANIZED
The first step in money management is to get all your finances in one place. If you’ve used software like Quicken (for Mac or PC), Banktivity's set-up assistant will import your old data. Next — or if you’re just starting out — download current transactions from your accounts online, at no cost, via direct connection to your bank or by using Banktivity's built-in browser to view your accounts and download your data for free.
Banktivity's optional Direct Access* service makes this even easier by connecting to over 10,000 banks worldwide, automatically delivering the latest transaction data to your Mac.
√ SEE WHERE THE MONEY GOES
Banktivity has the tools you need to set up checking accounts, savings, credit cards, mortgages, investments and more. Then track each and every transaction: fine-tune them by categorizing, splitting or making custom edits — or let transaction templates do the work for you. Attach receipts or any file to transactions; reconcile to paper statements; search by account; track payments or transfers in any currency; and manage repeating events with scheduled transactions.
Banktivity 5 also lets you pay bills online! Integrate scheduled transactions with Reminders and never miss a payment again. Set up payees, send checks, track them in progress and see them appear in your register. You can print checks, too.
Update your accounts at once with Banktivity's Update Everything button, syncing devices and fetching Direct Access data and securities prices. And Smart Accounts let you view records by account, payee, memo, category or more.
√ BUILD SAVINGS
Banktivity's budgeting tools help you to set saving and spending goals, track expenses, cut debt and build a more secure future. By giving your available cash specific purposes, envelope budgeting lets you assign money to different categories and carry over savings.
Banktivity automatically budgets scheduled transactions like paychecks and bills, so by categorizing each expense and editing the budget itself, you can see where your money goes — and how to make it go further! Banktivity does this visually so that you can see your daily progress; compare past, current or projected budgets; and view it all in a Budget vs. Actual report.
√ SECURE YOUR FUTURE
Banktivity's investment features manage stocks, bonds, mutual funds, IRAs, 401Ks, CDs and other assets. You can track buys, sells, splits, dividends, options, etc.; categorize investment transactions; retrieve quotes from Yahoo! Finance or foreign exchanges; analyze ROI and more.
Built-in report templates (Income & Expense, Net Worth, Payee Summary and more) dynamically analyze your finances. Assign tax codes to transactions to generate a Tax Summary report (or export data to TurboTax); or view your holdings in the Portfolio Summary or Investment Summary reports.
Banktivity's reports instantly generate graphs and charts. You can drill down for detail with a click, export table data to spreadsheets, and print reports or save them as PDFs.
√ WE’RE THERE FOR YOU
No matter where you are, you can enter transactions on the go with Banktivity for iPhone, or sync accounts, budgets and investments to Banktivity for iPad for mobile money management (apps sold separately).
If you need help, get unlimited email support or Live Chat for answers in minutes. Banktivity offers built-in Help files, plus a downloadable user manual, a searchable Knowledge Base and video tutorials at our site.
*Direct Access subscriptions via In-App Purchase.
What's New in Version 5.6.9
Nice little update mainly focused on fixing the following:
- iBank appears in online account setup assistant
- Gain figure calculated wrong for bonds
- Typo in the About Transactions in the Help files.
- DA investment transactions without symbols import without prices
- Direct Access import fails to match existing transactions, logging regex error
- Import Rules Should be case Insensitive
- Hang while evaluating completed finite Scheduled Transactions
Pro & Con - Sync issues, not great for non-stock investments
Switched from Quicken to Banktivity about 15 months ago, and overall the interface and designs are superior with Banktivity, particularly the functionality of the Banktivity mobile app (iOS) versus Quicken’s iOS mobile app. Unfortunately, cons include inconsistent syncing (although both my Macbook and iPhone apps are synced to iCloud, at times individual accounts will still show different information or fail to sync after multiple attempts). Also, Banktivity does not support bond investment price/value updates, only stock funds, which makes it of very limited value with about one-half of my investment portfolio. Multiple recurring sync issues with certain financial institutions and/or accounts, which has been frustrating to the point of taking several accounts offline and just updating them manually versus the recurring headaches. Bottom line, it is a basic, generally-functional app with a better user interface for manual entries than with Quicken, but is inferior in terms of accurate and reliable syncing (particularly frustrating since Banktivity requires an annual fee for online direct account syncing whereas Quicken does not). I will keep using it, but only because I have not found a more suitable alternative to-date.
The app is ackward and needy
I have had this app for quite some time now, and it’s fine if you want to use it for simple banking. Unfortunately, I find that the direct access subscription is very buggy and doesn’t work correctly with many of my investment accounts. For example, it often doesn’t correctly identify the proper security, or any security for that matter, if it doesn’t do that, it won’t correctly calculate how much of the security you purchased or the price of each share of the security you purchased. The way they deal with direct access is to write software for each website which leads to a whole bunch of errors because each bank website is different. When a bank’s website is changed then you have to deal with the errors that come up until Bantivity gets its act together to update the software on their end. Even when I’ve contacted the company for online support it is time consuming and there are still errors that go uncorrected. I have found that I have to periodically log in to each website to find out the information that is incorrect and manually change the transactions. The reviews for the other banking software are much worse though so I’m sticking with Banktivity for now.
Lacks important features
I’ve used Banktivity for the past year. I use it because, sadly, it seems to be the best for Mac. The reports feature is severly lacking. For example, you cannot simply generate a report based upon a payee. You can generate a “payee summary” report that lists all payees - but thats not helpful if I only want one payee reported on. The report lists summarizes each payee per line. And, clicking on a payee in the report displays all the individual transactions for that payee in a saparate display. However, the amounts collum is not summed or totaled - ugg! that is a no-brainer missing feature! In Banktivity’s defense though, the reports displays summed totals for each payee. But, it is impossible to view the total and the individual transactions on one page. Clunky. Second, the software is far from intuitive. As a Mac fanatic since the early 1990s, I don’t like banktivity’s look and feel - it migh as well be stamped with Microsoft’s seal of approval (complete with some random bugs.)
Banktivity’s best feature is it’s direct link to financial accounts. Second best is the iPhone app.
To me, banktivity is a chore to use. I continue to use it because it is still better than paper and I have yet to fine anything better for Mac. Even so, I expect the software to work harder for me.
- Category: Finance
- Updated: Jul 14, 2016
- Version: 5.6.9
- Size: 23.0 MB
- Language: English
- Seller: IGG Holdings, LLC
- © 2016 IGG Software, Inc
Compatibility: OS X 10.9 or later, 64-bit processor
Top In-App Purchases
- 1 Year Direct Access$39.99
- 30 Days Direct Access$4.99
- 90 Days Direct Access$12.99