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Mac OS X  |  Business / Productivity  |  Finance  |  Liquid Ledger Personal Finance

Liquid Ledger Personal Finance

Liquid Ledger Personal Finance - 2.3.3

Complete money management solution for everyone.

All Time: (2.5)
This Version: Not rated (0.0)
Current Version: 2.3.3
Release Date: 2009-05-30
License: Update
Downloads (this version): 608
Downloads (all versions): 14,050
Price: $49.99

Feedback Summary:

This Version:
Overall Rating: Not rated (0.0) Features: Not rated (0.0) Support: Not rated (0.0)
Ease of Use: Not rated (0.0) Quality / Stability: Not rated (0.0) Price: Not rated (0.0)
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Liquid Ledger Personal Finance CommentaryUpgrades for users of 1.x to 2.x are FREE - Version: 2.0.3, 10/23/2007 05:45PM PST

artimuskaine
Liquid Ledger 1.2.1 for Mac OS X Adds Panther Support

If you've recently purchased Mac OS X Panther, or plan to upgrade to the groundbreaking new operating system release from Apple, you'll want to get a copy of Liquid Ledger™ 1.2.1 for Mac OS X. This timely update to Liquid Ledger fixes a previous incompatibility between Liquid Ledger 1.2 and Mac OS X Panther, and a free updater utility is now available from <http://www.liquidledger.com/support/>.

Also in the works is Liquid Ledger 2, a major upgrade to the most refreshing personal finance solution available for Mac OS X. Liquid Ledger 2 introduces a host of new features and improvements, like scheduled transactions, customisable reports, investment tracking tools, and an unprecedented level of usability for this category of software. To show our appreciation for the continued support of our customers, Liquid Ledger 2 will be a free upgrade for all Liquid Ledger users. The first peeks at Liquid Ledger 2 will come later this year or in early 2004.

Pricing and Availability

Liquid Ledger 1.2.1 for Mac OS X Panther is available today and can be purchased online for US$45 from <http://www.liquidledger.com/>. Existing customers can download a free updater utility, available from <http://www.liquidledger.com/support/>, that updates any previous installation of Liquid Ledger to the latest release. Liquid Ledger comes with a 30-day money-back satisfaction guarantee.


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The above is a statement from the author in 2003 that has never been retracted.

I have done extensive beta testing with the author since 2003 working on issues with LL 1.x.

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Liquid Ledger Personal Finance ReviewWorst Car Wreck in Mac OS Software History - Version: 2.0, 10/19/2007 02:50PM PST

(0 of 1 users found this comment useful)

gryphonent
I love Liquid Ledger and was looking forward to this upgrade for years. Initially promised as a free upgrade I even paid the CAD 39.99. What a mistake! This version 2 is a downgrade in all respects. The worst user experience I’ve ever had in more than 15 years of working on a Mac.
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Liquid Ledger Personal Finance CommentaryHere's the deal... - Version: 2.0, 10/9/2007 10:05PM PST

(2 of 3 users found this comment useful)

robbyx--2008
I'm going to refrain from properly reviewing Liquid Ledger 2. That would require my spending more time with the program. Why won't I do that? When, five mintues out of the gate, I encounter a series of OBVIOUS bugs, why should I? This is financial management software. The user MUST be able to trust it. Despite an appealing feature set and a clean, efficient UI, I can't trust Liquid Ledger. If the right account name won't appear in a list, or a pop-up menu shows an empty account list when accounts are present, or an account view won't sort properly, or...how can I trust it to return ACCURATE financial information for my accountant, for tax purposes, or for my business? I simply can't.

It's pretty obvious from the enthusiasm that Quicken alternatives receive online that people REALLY want something better than Quicken. Unfortunately, few apps begin to measure up in terms of overall reliability and feature set. Yes, there are Quicken horror stories, but there are many, many success stories too. We forget that sometimes. My biggest gripe with Quicken is its dinosaur UI. When I see programs like Liquid Ledger, Cha-Ching, or iBank, I get a glimpse of how nice a well-designed finance app might be. And then I try it. And it's buggy. Too buggy to trust. So I stick with Quicken, as I imagine most of us do.
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Liquid Ledger Personal Finance ReviewSeems promising, but currently unpolished and expensive - Version: 1.5.6, 7/29/2007 02:51PM PST

(1 of 1 users found this comment useful)

Rinzwind42

Liquid Ledger doesn't have many features, but it does what I need it to do: import my bank statements and let me tag them with income/expense accounts, so I know where my money goes. I've been using the trial for a few days now, my review:

Pros:

  • Easy to use interface for importing CSV files, much nicer than what I've found in iBank version 2.3.1
  • Defines several fields for keeping information about each transaction (name, memo, explanation, ...) that I've found helpful. I'm only missing a "personal notes" field (all the other fields I import from my bank statements, and prefer not to change)
  • Double accounting model is very flexible

Cons:

  • Gives some odd internal error when I try to import OFX files from my bank
  • Looks&feels very unpolished, just some problems I've already encountered in a few days of use:
    • There are four types of accounts (assets, liabilities, income and expense accounts) and the accounts list has four categories for these. You can actually delete these categories, but then they are lost because you cannot create your own categories, nor does creating say a new "liabilities" account re-create the liabilities category if you deleted it.
    • In the accounts list you have to click the "balance" field to open the transactions list for that account, accidentally clicking the "currency" or "name" field allows you to change those fields. Now how many times do you want to do the latter? It would be better if clicking any part of an account would open the transactions list, and editing name and currency is done through an inspector.
    • I've had a few occassions where I had the transaction list for an account open, and in the mean time created some more accounts, where the autocomplete would then not allow me to type the name of an account to transfer to (for example, I had an expense account "Books" and one "Bank Charges", trying to type "Bank Charges" always came out as "Books"!!).
    • In the transaction list window, one can open an account drawer to quickly switch to the transaction list of another account. In the list, when an expense account is selected, there are columns "Deposit" and "Withdraw" which change to "Expense" and "Income" when an expense account is selected. Switching back to the asset account does not always change back the names of these columns, which means "deposits" suddenly look like "expenses"!
    • Exporting the transactions of one account to CSV does not export the "transfer track" field if a transaction has been tracked to multiple accounts.
  • Considering how much it does and how well it is designed, it is ridiculously expensive

All in all, this application shows promise, but I'd rather wait for the next major version release or a serious lowering in price before purchasing it.

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Liquid Ledger Personal Finance ReviewLove it - Version: 1.5.5, 4/23/2007 02:13PM PST

S M P
I've tried almost all of the accounting software for OS X out there (Accounts, iBank, Moneydance etc) and this is the only one that does exactly what I need:

- import QIF etc
- handles multiple currencies with ease
- powerful but fairly intuitive
- reports and statements

The UI is not perfect, but I've had prompt responses to my questions on their support forum, and it doesn't screw up any math!
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Liquid Ledger Personal Finance ReviewBought then Abandoned - Version: 1.5.5, 2/9/2007 08:27AM PST

vottamusic
I purchased a license for this product for roughly $67. I had tried the demo, and thought it worked ok. I was especially sold by the interface. But, after paying for it and really trying it out, I discovered that nothing was simple or straitforward, and as far as I can tell it actually doesn't produce correct (or at least understandable) results. The manual is a joke, merely a series of extremely simplistic examples that teach no theory of how the program works, or how it will behave in more complicated situations.

To help prove that I am an actual customer, my initials are DR and my registration number for LL begins with "G0" and ends with "Q5". The Liquid Ledger people can figure out who I am, which will hopefully prevent them from posting a message saying I'm not an actual customer.

I did not even bother attempting to request a refund, because I would have become even more angry if they said 'sorry, no refund'. What a waste of time and money. I can't believe Apple actually sells this program in their stores.
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Liquid Ledger Personal Finance ReviewLimit Functionality and Expensive - Version: 1.5.5, 1/9/2007 09:40AM PST

(3 of 3 users found this comment useful)

robbyx--2008
Like many, I've been searching for a better Quicken. After evaluating several applications - MoneyDance, Jumsoft's Money, and LiquidLedger - I bought Quicken 2007. None of these programs come close to matching Quicken in terms of features and stability. Yes, Quicken has its problems, but the alternatives are far worse (and more expensive).

LiquidLedger's interface is decent, but doesn't really offer much over Quicken. I like the fact that splits are shown at the bottom of the window, in their own dedicated area, versus Quicken's inline splits. I've always hated the way Quicken makes the user open and close splits in the register. LiquidLedger also seems to have pretty decent support for multiples currencies, although I never really tested this feature.

If all you want out of an accounting package is a ledger/register, this will do, but why not just buy Quicken? LiquidLedger is so feature poor in all other areas, from investing to reporting to online banking, that I can't see any advantage to using this program - especially since it costs *more* than Quicken. Furthermore, if you need to export QIF files, LiquidLedger's QIFs are problematic. I was unable to import them into Quicken, so I've had to manually re-enter all of my data.

As much as many of us are hoping for a "Quicken Killer" to emerge, there's nothing close out there now. I'm most optimistic about a new little app called Cha-Ching. The interface is a knock-out; simply gorgeous. If they manage to deliver a solid feature-set, stability, and good interoperability, they'll get my vote. But, for now, I'm sticking with Quicken.
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Liquid Ledger Personal Finance ReviewNot impressed. - Version: 1.5.3, 12/20/2006 08:25PM PST

(2 of 2 users found this comment useful)

iGreg
I strongly dislike Quicken, but do not see Liquid Ledger as much of an improvement (if any improvement) over Quicken. I do not find anything more user-friendly than Quickenin LL. All I see is that it has less features than Quicken. So LL is essentially Quicken Lite. Not worth more than $30. The $80 retail price is absurd. So I continue my search for a user friendly replacement for Quicken.
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Liquid Ledger Personal Finance CommentaryExpensive - Version: 1.5.2, 4/16/2006 05:53PM PST

hht311
After trying the program, I considered buying it.
BUT, it's certainly not worth $75 to me.
Not in any currency...
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Liquid Ledger Personal Finance ReviewAfter a long search....it's working.... - Version: 1.5.1, 3/17/2006 09:16AM PST

(1 of 1 users found this comment useful)

chan_lor
After becoming fed up with the bug infested Microsoft Money, I decided to look for a stripped down personal finance package for Mac. I demo'd soooo many....Liquid Ledger was my choice because (1)it actually produces financial statements - it would be nice if more software developers understood that banks aren't very excited about pie charts and graphs....they need financial statements; (2) it handles multi currency; (3) you can import downloads from banks; and (4) you can categorize multiple entries at once after you have downloaded them. You don't have to categorize them individually and you don't have to click "into" them. HUGE timesaver. So I think it's overpriced but you know what, it's doing the job. I've been using it to do the accounting of two small businesses and our personal finances - another nice feature is that I can have all three files open at once and organize the windows to see all of them and easily switch between them. If you have small businesses that have transactions that mix into your personal finances, this is also a very nice feature. And I didn't even need to read any sort of manual to get started. It's pretty intuitive. If you could only make the interface a little more attractive, and add a portfolio management feature....that would be great.
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