Moneyspire is an online personal finance tool and small business accounting software that helps users create customer invoices, track expenses, generate financial reports, and more. It features online banking, income and expense tracking, bill reminders, and budgeting. It has a free option and license fees that start at $49.99, and is best for personal users, small businesses, and freelancers.
Moneyspire Pros & Cons
Simple and versatile
Customer support is a bit slow
Ability to directly pay bills online
Who Moneyspire Is Best For
- Personal users: Its budgeting and reporting tools are ideal for managing household and personal finances. It also has an optional Moneyspire Cloud sync feature designed for managing budgets with a spouse or partner.
- Small businesses: Small teams may separate their business spending from their personal expenditures with customizable tags, categories, and reports. It also enables users to create a budget for their organization.
- Freelancers: It allows freelancers to create and send invoices to their clients, easily collect payments, and monitor expenses. This is beneficial for those who need to regularly track their tax deductions.
The Moneyspire pricing page shows a free version and two licenses that cost $49.99 and $69.99. The main differences between the plans are the maximum numbers of accounts, bill reminders, budget categories, saved reports, reporting and budgeting months, as well as access to advanced features like file importing, bank synchronization, and customer invoices.
Maximum Numbers of Accounts
Moneyspire offers a 60% discount to users who want to upgrade from an older version. It also has discounts on licenses from time to time, so those interested may visit its website to check if there’s one today.
Designed for a single account, Moneyspire’s free version includes five bill reminders, five budget categories, and three saved reports. It also allows users to generate reports and view their budgets up to the last six months of their transactions.
Standard includes all the features in Free, but it supports a limitless number of accounts and comes with unlimited bill reminders, budget categories, saved reports, and reporting and budgeting months. Its premium features include advanced search, file import and attachment, data export, bank linking, and cloud sync.
Pro contains all of Standard’s features in addition to the availability of customer invoices.
Moneyspire Alternatives 2020
Businesses that want the most widely used small business accounting software that scales as they grow
Solopreneurs and freelancers who need to streamline customer invoicing and payment collection
Businesses in the nonprofit, manufacturing and distribution, professional services, contracting, and retail industries
Businesses that use other Zoho products like Zoho CRM
Moneyspire is useful given its wide range of accounting features. From budget creation to debt tracking, it helps users effectively manage their finances. To help you gauge whether or not Moneyspire is for you, we have discussed some of its essential features.
File Importing & Exporting
Users may export their financial data as QIF, CSV, and PDF files. Additionally, they may import CSV, QMTF, QFX, QFX, and QIF files from their banks with a simple drag-and-drop function.
Track an unlimited number of payees and their details, such as account numbers and addresses. Users may also create reports by payees and mark old transactions as closed.
Set bill reminders for a particular duration, and you will never have to miss due dates again.
Create detailed reports to keep your numbers under control. You may generate reports of income vs expense summary, balance sheet, expenses, transaction history, and more.
Which Accounting Software Provider Is Right for You?
Summary of Moneyspire Reviews
As of the date this article was written (February 11, 2020), there are very few up-to-date Moneyspire reviews online. If you are a past or current Moneyspire customer, leave a review to help others who are deciding whether or not to use the product.
Moneyspire Frequently Asked Questions (FAQs)
Will my software license expire?
No, it won’t. It is a lifetime license, and you may use it forever.
Can I use Moneyspire without an internet connection?
Yes, you can. You can manually input transactions when it is not connected to the internet. The platform will automatically synchronize with the cloud once an internet connection becomes available.
What if I’m not satisfied with the results?
If you are dissatisfied with Moneyspire, you may request your money back at any time within 90 days of having purchased your license.
Our Top Accounting Software Provider Picks
If you aren’t sure that Moneyspire is right for you, this article on the 4 Best Accounting Software is a review of our top choices. In this guide, we looked at a variety of solutions and narrowed our recommendations down based on features like detailed financial statements, invoicing, and bill tracking.