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

The information about making a budget for a non profit was most helpful. However, I had difficulty understanding headings, subheadings, and categories. Shirley emailed and asked how I was getting along, then set up a time a phone call. She even entered part of my budget information so I could see how it should look. She was very patient and explained details in a way I could understand.

Cons

On the Budget Analysis report the totals print at the bottom of every page, the same totals that print at the end. I would rather the totals just print at the end.

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

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

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

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 Customer Service Reps on the phone are real world, super helpful people. Most I've talked to have similar experience as our organization and truly understand every single challenge or question I've ever had. They are patient, non-judgemental, and very reasonable with the solutions they provide.

Cons

Sometimes the PayPal download feature doesn't entirely translate data well.

Pros

Ease of use, adaptable, reliability, fantastic support.

Cons

I have yet to find any shortcomings! Moneyminder works exactly as advertised.

Alternatives Considered

QuickBooks Desktop Enterprise and Wave Accounting

Reasons for Choosing MoneyMinder

Needed a full function product which was easy to use and had a support organization to provide guidance and assistance.

Reasons for Switching to MoneyMinder

Ease of use and support.

Pros

Very easy to set and use. The customer service is outstanding. They respond so fast.

Cons

I would like to be able to save documents in the individual accounts vs a paper file.

Pros

the reports section is easy to customize.

Cons

the check book, always have to go to the bottom for the current one.

Pros

I appreciate the ease of use and the ability to have multiple people able to log in with different permissions. Keeping our records straight, being able to upload supporting documents and an easy way to reconcile each month has helped our PTA become more efficient. What used to take one person a full day to do in excel, now only takes a few minutes, multiple times a month and reconciliation takes a fraction of the time.

Cons

When pulling the Treasurer Report it would be nice if it defaulted to the current month instead of the end of the year each time. One other thing that would have helped our PTA is having one more level on the budget. If we would be able to add a itemized level to the sub category, that would roll up on reports we would be able to show the main points to our general membership, but use the itemization for future budgeting purposes.

Pros

Once I got the hang of its features and with a lot of excellent help from customer support, it is easy to manage and modify most mistakes.

Cons

It would be nice to be able to generate a budget and treasurer's report in spreadsheet form by month and with beginning and ending bank balances

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

Our PTO has been using Money Minder for several years now, and we find it very easy to use.

Cons

Sometimes we have to really pay attention to the totals depending on what report we are using to make sure that we are reading the accurate amount.

Pros

I like that it's online, so I have access to our information from anywhere. It is also very easy to use, especially if you have any sort of prior experience with Quicken/QuickBooks/other PTA-type software.

Cons

I'm still getting used to the reports - they're not quite the same as the other PTA-type software (with which I was very familiar) would generate. This isn't necessarily a bad thing, though - it is just something I have to get used to.

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

The customer service! MoneyMinder's representative are kind, responsive, and go above and beyond every time.

Cons

There are a few minor things that I would change, most of which are personal preference issues.

Pros

MoneyMinder is really easy to use. It's also really easy to customize reports to fit your organization's needs

Cons

I can't really think of any negatives! Great program!

Pros

It is so easy to use. Simple and adaptable to our organization.

Cons

The only thing we would like to see improved is to have more customization for the reports.

Pros

When I needed help they responded immediately and helped right away. Problem solved!

Cons

I haven’t found any complaints great company!

Pros

The ease of use for budgeting and book keeping!

Cons

Nothing! It’s been great so far! No complaints