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Add to SafariWhen comparing You Need A Budget vs KMyMoney, the Slant community recommends KMyMoney for most people. In the question“What are the best personal finance/budgeting software tools?” KMyMoney is ranked 2nd while You Need A Budget is ranked 3rd. The most important reason people chose KMyMoney is:
KMyMoney has a built in import function so users can easily import their financial information from other applications.
Question Ranking
Pros
Pro Fantastic support, community, and training options
Pro Cloud sync to Dropbox
There is an optional cloud syn with Dropbox.
Pro Syncs all info to desktop application
This companion mobile app will sync it's data with the desktop application so users can update their info on the fly.
Pro Multiple mobile device sync
A whole family of devices can all sync to the same account. This way everyone can stay abreast of how much money is available.
Pro Allows import of financing infomation
KMyMoney has a built in import function so users can easily import their financial information from other applications.
Pro Easy of use
Near to ideal for the bookkeeping of a little association (that is not subject to tax).
Pro Easy to configure
Pro Similar in style to Quicken
The layout and function of KMyMoney is very similar to Quicken, so for those that are familiar with Quicken and othe Windows applications will know exactly how to use KMyMoney.
Pro Very good KDE integration
Cons
Con Not a stand alone application
This app is unable to be used unless the user already owns and uses the desktop application.
Con Data must be input manually
Other apps grab information directly from banks.
Con Limited online banking functions
KMyMoney is pretty limited when it comes to its online banking functionality.
