Today I’m happy to announce Banktivity 6, coming in Spring 2017. Banktivity 6 delivers our customers’ most requested features, like Tags and Quick Reports, and introduces some new innovative features like Workspaces. Customers will also love our new Portfolio, Report Groups, and Find features. Banktivity 6 is for macOS Sierra only.
Starting today, anyone buying Banktivity 5 directly from IGG Software will get a free code to unlock Banktivity 6. Existing Banktivity 5 customers can upgrade to Banktivity 6 for $29.99. Regular pricing will be $64.99. All prices in USD. Unfortunately, due to limitations with the Mac App Store, we cannot offer upgrade pricing to customers that want to continue to purchase there.
UPDATE (May 1, 2017): Some of our customers have pointed out that the terms specified above were somewhat vague. To clarify, a free Banktivity 6 code was provided to anyone who purchased the full version of Banktivity 5 during the offer period, which ended with the official release of Banktivity 6 on April 25, 2017. The offer did not apply to upgrades from iBank 4 to Banktivity 5, but purchasing both upgrades (4 to 5 and 5 to 6) results in the same savings as the offer ($59.98 for Banktivity 6 instead of $64.99). We apologize for any confusion resulting from the above phrasing and thank you for your understanding.
Here is the full press release…
IGG SOFTWARE ANNOUNCES NEW VERSION OF PERSONAL FINANCIAL MANAGER, BANKTIVITY 6
PUTNEY, VT, January 24, 2017 – IGG Software today announced a new version of its popular personal financial manager, Banktivity. The new version, Banktivity 6, has been designed from the ground up with customer productivity and enhanced features as the driving goals.
“Banktivity 6 is the biggest release in the history of the product,” said IGG President and founder Ian Gillespie. “The new version brings to the forefront your most important financial information, yet allows an amazing amount of customization so customers can see and organize their finances in a way that is helpful to them.”
Banktivity 6’s new features were driven by customer feedback, new technologies and a quest to provide the most comprehensive and easy to use financial manager for macOS.
Workspaces
Workspaces is a brand new feature that allows customers to put any account, budget, report or other view, side-by-side. This boosts productivity by allowing a customer to see several different parts of their finances next to each other. For example, users can put transactions for an account next to a budget to see how recent spending affects the budget.
“In particular I am struck by the extensive linking capabilities. The charts, the reports, the registers…it seems like everything is connected and available for drilling down or climbing up,” reported a Banktivity 6 beta tester.
The Workspaces feature is the first of its kind in a Mac personal finance software, offering the user an incredible amount of power and flexibility.
Tags
Tags allow users to see and analyze spending habits across categories. Now when a person goes on vacation and spends money on dining out, gas, air fare and hotels they can tag all those transactions as a “vacation.” Then later report on spending just for that vacation. This powerful new feature helps small business owners and individuals easily track any aspect of their income or spending.
Quick Reports
Quick Reports let users dive into their finances quickly and easily. Customers can select transactions and then quickly bring up a report based on the selection. Quick Reports will also allow users to drill down and get more details about their investments or more details on spending. For example, if a customer were wondering how much money was donated to a specific charity last year, a Banktivity 6 Quick Report answers that question with one click. Quick Reports can easily be saved for later with a quick drag to the sidebar.
Find
Find is a new, fast and powerful, document-wide search feature. With Find, customers can search almost any part of any transaction within an entire Banktivity document. The transactions that match the search criteria are grouped by account which keeps them in context. People can also edit and change transaction right from the Find screen.
Portfolio
Portfolio is a new feature in the sidebar that gives quick access to the performance of investments. Customers can customize it to show investments by account, type or risk factor. While the Portfolio view shows all of the high-level information needed like cost basis, value, gain/loss, security price and IRR, customers can get more detailed information by clicking on a security for a complete analysis of that holding. The new Portfolio features makes tracking the performance of investments effortless.
Additional Improvements
The entire user-interface was overhauled for Banktivity 6 to match the modern experience with macOS Sierra
“When we set out to work on Banktivity 6 we knew we had a great opportunity to redesign it, from the simplest list of transactions to introducing killer new features, like Workspace,” said Gillespie.
Banktivity 6 is the biggest release in the history of the product. Customers will find no pixel left unturned and will be treated to over 100 changes and enhancements, like a new transaction editor with improved keyboard support, new reconciliation process, a new summary view, improved transaction downloads, more flexible budgeting, easier in-app navigation, redesigned reports and more.
“In very simple terms, the app ticks all the boxes (and much more) PLUS with the ability to sync to the cloud, I am never far from my information via the iOS apps,” said J.W. a Banktivity 6 beta tester.
Banktivity also allows you to pay bills from within the app*, schedule transactions, setup budgets, track income, spending and savings rate and much more. Direct Access (purchased separately) and Direct Download allow customers to connect to over 10,000 different banks to download their financial data.
Pricing & Availability
Banktivity 6 will be released in spring of 2017 for $64.99 USD. Customers upgrading from version 5 purchased either directly from IGG Software or the Mac App Store will qualify for upgrade pricing of $29.99 USD. Banktivity 6 requires macOS 10.12 Sierra.
Customers who purchased Banktivity 5 from the IGG Store, after January 23, 2017 until the time of the release of Banktivity 6, will receive a free registration code to unlock Banktivity 6.
About IGG Software, Inc.
IGG Software, Inc. develops the Banktivity family of personal finance management solutions exclusively for macOS and iOS, including Banktivity for Mac, Banktivity for iPhone, and Banktivity for iPad. Founded in 2003, the Putney, Vt. based company is dedicated to creating intuitive, elegant and powerful applications, empowering users to budget better, save more, and invest to secure their financial future. To learn more, please visit www.iggsoftware.com or follow us on Twitter at @IGGsoftware.
*Bill Pay requires your bank to support Bill Pay via OFX/Direct Download. Banks may charge an additional fee for this.
- Continuing Investments in Direct Access - February 26, 2024
- Banktivity 9: The Little Changes - September 8, 2023
- Retiring services for older versions of Banktivity - August 11, 2023
Ian
I look forward to the new version
Ron
For v6, or ideally the current version, I hope a software change is in the works to correct the sequence of events when opening the app. In v 5, the Confirm Scheduled Transaction list opens first. When complete, the cloud sync then commences. This is backwards. If Banktivity were previously used on another computer or IOS device, any change affecting a scheduled transaction will not be recognized by another computer until the Confirm Scheduled Transaction list is first closed. This can result in date or other transaction errors on the Scheduled Transaction List. To correct, the cloud sync process ought to occur 1st when opening Banktivity before anything else takes place. This would ensure that the most current Scheduled Transaction List is being accessed.
Will v6 fix the foreign currencies issues ? Will it fix the hugely annoying, “when I do an online download (‘direct connect’), why oh why does the ‘matching window’ repeatedly start at the beginning of the account, several years ago. The necessitates users scrolling through page and pages of transactions to find the possible matches” . Will it fix the the incorrect RoI calculation ? Will it fix the ‘net worth view’ which is useless for those who have significant assets and a large mortgage (result : net worth is a tiny thin, unreadable line) ?
New features look great, but a finance app needs to be accurate and needs to fix the current errors.
Are you currently running v4 or v5? I think the reference to the ‘matching window’ threw me off.
Hmmmm, I just took a look at the iBank5 manual; I am thinking it uses screenshots from iBank4. Still neither version has a useable net worth chart, please improve !
Is it too late to request that the transaction template feature has a switch to enable/disable it? I note other finance apps have this facility and, in my experience, the speed/convenience of having a new transaction filled in for you based on previous instances is outweighed by the problems it causes when editing existing transactions. For example, changing the payee name can sometimes lead to the entire transaction being overwritten with the wrong info from a previous transaction to that same payee. Unless I have missed it in the settings I haven’t been able to stop this, other than clumsily deleting the transaction template every time I enter one. Related to this, bulk editing would be great (it is great!) if it would also allow you to change the payee name en-masse (which might go someway towards mitigating the problems caused by the transaction templates I mentioned above).
Great to see a roadmap for the app, to see it is being actively developed and that new features are coming soon. Thanks!
The handling of transaction templates is the most (only?) annoying thing about this program. I spend SO MUCH time correcting and deleting templates. And realistically, there are only a couple of transactions I would even want to be automatically categorized. Quicken handled this so much better, with the option to have the program memorize specific transactions with cmd-Y.
I agree. At a minimum, a template ought to be specific to a particular account rather than treated as global.
I also agree that transaction templates is a big issue. I find that it matches almost no transactions correctly. This is actually one of the main reasons I switched from Quicken (other than forced upgrades). Unless I was mistaken, I found that Quicken did not allow for precise pattern matching the way Banktivity does. But, I’m finding that that feature doesn’t seem to be working. I think it’s also getting caught up on the memo fields, seemingly expecting them to always be the same, which is almost never the case, in my experience. But, there doesn’t seem to be a way to tell the template to ignore the memo field!
Agreed. I dread downloading transactions because it takes me HOURS, and DAYS to categorize everything. They talk about how their import algorithms are so smart but they are simply awful, inadequate and create more problems than they solve. Then they create a big update like this with additions that I’m pretty sure I couldn’t care less about – I want the basics covered first.
Anyway – for those of you having these issues, here’s a tip – that they should have done themselves:
Their default import rules are garbage because they take a Payee like “Amazon.com Marketplace FEKJEJE 123” or whatever and create a regular expression to search for EXACTLY that payee. Well, newsflash – I will probably NEVER see that exact Payee again. What the import rules SHOULD be doing is looking for ‘keywords’ and matching those. So, go to your Import Rules, click on a rule, then click the “Import Rules” button towards the right side to edit the regular expression. In the “Match” field add this:
(?i).*Amazon.*
And replace Amazon with whatever keyword you want – Trader Joes … Shell … etc. You will then have to do this for EVERY single import rule. This will search every incoming transaction for the word Amazon, it is NOT case sensitive, and it will find the word ANYWHERE in the imported payee field. For more info on this just look into Regular Expressions.
Also, from now on when a transaction is NOT matched, and you have to categorize it yourself – be careful – you DON’T always want the “create import rule” box checked.
This has made a world of difference for me – but the App STILL messes my rules up sometimes behind the scenes. And:
WE NEED IMPORT RULES FOR EACH ACCOUNT, NOT GLOBAL!
Yes I agree. To edit a set of transactions with generic info or a new category would be an effective & efficient feature.
God yes this – the payee automatically changing the rest of the transaction can be irritating.
Also, we really need Payee bulk editing (find/replace style). If I have a few busy months and can’t clean up, I will literally export the data to Quicken, do build editing there and import it back.
YES!! I download a bunch of transx and need to bulk change their categories. Only way I know of now is to search for the payee name, select the found transx, and then USE A DROPDOWN MENU. Should be able to search for the name, select the items, and then TYPE in the replacement category for all of them.
Bulk changing categories works the same. You can bulk edit payees though, which is new to v6.
Bulk editing payees is going to be a really big deal, thank you!
“For example, changing the payee name can sometimes lead to the entire transaction being overwritten with the wrong info from a previous transaction to that same payee.”
Oh, man, THIS.
Ian, I assume the new functionality you’ve introduced in your recent blog posts pertain mainly to the MacOS version of Banktivity. How much of it, and what other changes, will be introduced for the iPad and iPhone versions?
Yes, the features I’ve been talking about are for our Mac app. We will try to do another blog post about changes for iOS.
As mentioned previously it will be really good if exchange rates issues will be “corrected”. For example, as I understand now when you are checking the annual growth of all your funds the software is using the same rates for foreign currencies at the beginning of the year as the rates at the end (the latest downloaded). So it ignores possible increase/decrease of a particular currency.
Two quick questions:
First, with regards to tags do you only support one per transaction or an arbitrary number? Multiple tags would be one of the most valuable of the announced features to me at least.
Second, is there any sort of upgrade path from iBank 4 or do you just require full price after one version? Tagging was something I’d hoped for with iBank 5 and without it I didn’t find it compelling to upgrade, but clearly that’s changed.
Thanks so much for all your work on this!
You can assign any number of tags. We offer upgrade pricing only from v5. Version 4 users will pay non-upgrade price, $64.99.
Probably too late, but I’d love the ability on iOS for a share sheet to be added for Banktivity. The use case would be if I have a receipt, I’d take a picture of it, then click the share button (in any app — camera, Scanbot). Then select Import to Banktivity. This would then import that receipt image or pdf into perhaps a new Banktivity Inbox. Once in the app (Mac or iOS), a user can go into the inbox, view each image or pdf, and process the new transaction based on the info in the file. Now OCR capability would be very cool down the road but not necessary from the get-go. Then the image or pdf file would be given the option to either delete it or even better add it as a receipt in the transaction’s file field.
I love this idea! Our business uses Concur and it does something similar to this suggestion. To see it on my personal finance software side would be awesome!
Hello Ian and team. Based on latest posts I was already thinking it would be new version.
but there are few things which I have asked to support team where I was told this might be or not incorporated in the software – would you maybe comment on those?
1) – It is not possible to enter Expense in a security investment – for example, my bank charges an admin fee twice a year for my bond. I can’t enter this in Banktivity – I am not moving any quote or share, is just a periodic admin fee which I would like to see the impact in ROI/IRR, reports, etc.
2) – for those who like to group categories like I do – entering new transaction you need to type the whole category “path” and not only the final category – for example House: Furniture – I can’t enter category by simply typing Furniture
3) Simple thing which others softwares contains – a list of Payees – and by clicking on a particular Payee – an immediate report would appear with all transactions accross accounts for that particular Payee. – Seems exactly this was done for Securities in the new version which I would like to see.
I’d second Rafael’s suggestions. I use sub-categories a lot (helps with reporting) and would be a real time-saver to just enter the sub-category when typing in transactions (though these would obviously have to all be unique). The list of payees (in the same where there’s a list of categories0 , often found in other apps, would be great. Again, if the payee names could then be edited, thus changing the payee name assigned to transactions, that’s go a long way towards tidying up reports (I currently have multiple versions in my register where the Direct Download feed sticks the date or location on the end so each one appears to be a unique payee, for example: Tesco Cardiff, Tesco London Old Street, Tesco London Haymarket etc etc – would be nice to have all these appear as simply Tesco for reporting purposes).
1) I believe you want to use the transaction type “Interest Inc” but use a negative amount to denote a fee.
2) We haven’t changed auto-complete much. But you should be able to type, “H”, then “:”, that will auto fill to House:, then just type “F” and you should be set.
3) You can do Quick Reports on payees in Banktivity 6. There is also batch editing of payees in Banktivity 6.
Thanks Ian, I see you have even changed reply on number 1.
I will try that and see the behavior, but having a kind of “Other Debits” Transaction type for securities would be a better approach. I was even the one who reported a bug solved within latest release on Bond Reports.
Point number 2 – I do categorize lots of transactions – and your suggestion is not at all user-friendly. As we had Steve posting a comment – I do believe several other users would appreciate this enhancement. Thanks for the open channel through this blog.
Rafael
I completely agree with Rafael on sub-category auto-complete. It’s very cumbersome and archaic being constrained to path specific searches.
It’s great to keep things organized into sub-catagories, but that effort is quickly wasted when I have to ensure I am inputing the proper path to find the nested sub-category. I am in 100% agreement that I should be able to see all results relating to my search text, and not simply the ones that specifically start with my search text.
Here’s my +1 for changing this bug/issue.
Thanks for the great work.
Hi All
Very excited for the new release.
Will all of the reporting options discussed in the 4/15/2016 report blog entry be included in the new release?
The press release just discusses quick reports.
I love v5 but reporting is a very weak link.
Hoping that is about to change.
thanks
Yes, those changes to reports are in this new version.
awesome, thanks
Hi, very excited about the new version.
One of my biggest complaints with version 5 is that when I import a batch of bank account transactions I need to manually pick which bank accounts get imported into which Banktivity accounts. Pretty much every other personal finance software memorizes the accounts so that this doesn’t have to be done manually every time.
Will version 6 fix this?
Thanks
I assume you are importing a file manually (or from a bank website)? If you use the built-in browser, you can pick what account you want it to go in to in version 5.
Yes, I’m downloading the file manually. I know I can pick what account to import it into, but it doesn’t save that setting and asks everytime.
Also, my bank allows me to download all my accounts at once as a QFX file. But again, I need to manually choose which accounts from my bank get imported into which accounts from Banktivity. This is something I haven’t had to do with previous software. I would choose it once, and then it would memorize it using the account # and Routing #. The frustrating part is that I can enter these two numbers into Banktivity 5, but it still doesn’t automatically link it when I’m importing from my bank.
Timing is everything. I checked here on Monday and (still) saw no sign of anything serious happening. Assuming a death spiral was setting in, I downloaded Quicken for a clean start. (My investments in iBank/Banktivity have been hopeless screwed up for years – now to the point of being meaningless.) I hope “spring 2017” means within my 60 day return window, else I’ll be gone. Willing to give you a shot, but the window – of timing AND quality – is closing fast.
Just to clarify, we do offer a *90* day money-back guarantee.
I know YOU have a 90 day guarantee, but “the other guy” has 60 – that’s the clock that’s ticking. Need to see what you got before its too late to get my money back from “them”.
Ah, gotcha. Thanks for the clarification.
I would love to see some screenshots of the new user interface. Can you post some?
You can see some on this page, http://www.iggsoftware.com/banktivity6
Wow – the interface and new feature list both look great! Nice job. I can’t wait to upgrade.
Will the upgrade discount be available for customers in the UK? Also, will purchasing the upgrade directly from you allow me to install the software on both my iMac and MacBook like I can when buying from the app store?
Hi Andrew, the answer is Yes and Yes. The upgrade pricing is for anyone upgrading from Banktivity 5, but they HAVE to buy it from us. Apple doesn’t allow us to do upgrade pricing on their Mac App Store. Our license agreement allows it to be installed in a household.
Will version 6 fix the net worth balance sheet report? All previous versions, including v5, use the current securities prices when calculating the net worth, even if you specify a custom date interval. I like to look at the previous month’s net worth to see how things are tracking in the current month. Unfortunately, whenever an asset price is updated, the previous month’s net worth is updated to reflect the change; this makes the report completely worthless.
This should work in v5. My guess is that you have some securities that don’t have accurate prices for previous months. Please visit our live chat if you need further help with this.
Please give us the ability to clear the new transaction status. I prefer not to see these after reviewing them. Or have have them clear at midnight, instead of 24 hours. Currently, the previous days new transactions combined with todays transactions.
Would love to have single line transactions back!
Thanks
This part of the app hasn’t changed 😐
Are there going to be more file sync options like Google Drive?
So we don’t consider shared drives a real solution for sync. It is just WAY too easy to end up corrupting a database or ending up with a bad user experience. It also provides issues with people that want to sync with iOS.
Hi Ian,
Just browsed thru the screenshots and it looks great, just wished we had gone with red and green for the register but I can live with the – sign (may be a switch for future versions ?). I have a quick query on Tags , will they be available to search via Spotlight or is it an internal tag within B6 app ?
One problem with just using red/green is it doesn’t work well for people who are color blind. As for tags, they are not supported in spotlight at this time – only internal to Banktivity.
Purchased Banktivity 5 on Christmas through Mac App Store so I can keep up with updates easily (no in-app auto-update option) and now I have to pay extra to get the next update that happens to be a major release. Tough luck.. 😐
If you buy v6 from us you will qualify for upgrade pricing.
“from us” as in “not from MAS but directly from the website”?
To get the upgrade price, you’ll want to use our in-app purchasing assistant, as it can verify you are upgrading from version 5. You will want to download the “free trial” version from our site and then follow on-screen prompts.
Thanks for the clarifications, Ian!
Will it have a feature to enlarge fonts?
You can’t change the font size, but the default fonts are bigger now.
Will average cost accounting be available as a security type setting?
One of the few things that drives me nuts is that once every 3 months or so, a direct access connection goes south and all the accounts for that institution go wonky. So you have to set them up again. That’s not so bad. The bad part is you then have to go through the find institution, user name, password, selection of process for every account. This is frustrating when, for instance you have 12 bank accounts with one institution. Yes, 12 sounds silly, but it covers a family of 5 (4 adults, 1 teen) and a business. Will this be addressed such that you can select and map multiple accounts on the last step of the process?
I would also like a setting such that the password for an online payment transaction is also prompted for either once during a session or never again. Doing multiple transactions and entering the password each time is a bit of nuisance.
The eye candy and the new features look really promising. Can’t wait until we can get our hands on 6…..
Please tell me auto postings & changing posting dates in Scheduled Transactions are back !! The Control Save Option to save new dates works most of the time but if you have a bunch to do (e.g. update dividend dates) then if goes back to jumping 6 months after a few successful changes. version 4 was perfect !!
Hi,
Banktivity 6 looks nice. I’ve been waiting for this for a while.
I have a couple of issues I’ve run into with Banktivity 5, can you please confirm if any/which of these are fixed in version 6?
Can’t change memo field for multiple transactions at the same time.
Downloaded qif files need to be manually linked to the correct account every time I download them
Cant’ change the account type once it’s set.
Can’t do USD and CAD investments in same account
Thanks
I second the requests to bulk change memo field — and anything else, including name — for multiple transactions.
And for changing the account type.
Hi, any chance I can get confirmation on the items I’ve mentioned above? Will Banktivity 6 be able to do these things?
1. Batch change memo fields
2. Link manually downloaded QIF files to the correct account automatically
3. Change an existing account type
4. USD and CAD investments in the same account
Thanks
I’m going to really strike out with this one 🙁
1. No, but you can bulk change the payee field (I would love to know your use case for why you want to do this)
2. We make an educated guess which account it should go into, but you still have to confirm we guessed the right now
3. No. The reason we don’t allow this is because changing from a Brokerage to Checking could cause a lot of security transactions to be lost
4. Accounts in currency A still need to buy securities in currency A.
Thanks for the reply.
1. I typically add memos to my transactions. So I for example I have transfers from my bank to a mortgage account and I add a memo with the address of the house. Would be nice to grab the whole year of transfers and add a consistent memo.
2. All other personal finance programs I’ve used memorize the bank account numbers and, although sometimes they ask the user to confirm, once you’ve confirmed once it works after that automatically. Bantivity doesn’t. I have to tell it which accounts are which every time I import transactions.
3. I can understand not allowing security accounts to be adjusted, but when I imported my accounts from quicken it put all of my mortgages to credit card accounts. It’s a pain having to move them all over to new accounts, deleting the old ones etc.
4. 🙁
Hi- I am a long-time user of the product, I think going back to the first edition and I’m looking forward to the next version.
One pet peeve is the system not being able to handle employee stock options. Hopefully that is something incorporated into version 6.
Looking forward to the new version!
The feature list mentions “event-based budgeting”, differentiating between regular payments and unexpected ones. What about a known expense that doesn’t recur? Right now, if I want to budget for something that I know will happen once, like a repair, I need to create a scheduled transaction that repeats once, a rather awkward work-around.
Also difficult is trying to schedule things that repeat with complex recurrence, like “the second Friday of the month” (which is when we pay our gardener).
In Banktivity 6 you can set specific budget amounts for specific months WIHOUT creating a scheduled transaction. For example, you could set $500 for your Gifts Given category just for December if you wanted.
That’s good, but is it possible to tie it to a specific transaction, so that you know that $300 in your home maintenance category will be spent on an HVAC repair by Heaters-R-Us?
It would make more sense to use a scheduled transaction if you want to do that. That is exactly what they are for.
Dear IGG, I wish you the best of luck with the v6 launch. I would like one – just one – improvement. I just want automatic posting of scheduled transactions (also noted by Mario). If v6 does this (as per iBank 4) then I will upgrade. If it doesn’t then there is – for me – no point, regardless of how sexy the new, pretty, built-from-the-ground-up interface 🙂
Sound of silence not always good 🙂
Thanks for the nudge Chris. Automatic posting of scheduled transactions is not scheduled for the 6.0 release. Sorry!!!!
Thank you for letting me know.
I’m very much looking forward to Banktivity 6 and the new features. What would save me a lot of hassle would be a more efficient way to enter price data for securities which don’t exist on Yahoo Finance. Right now, I have to enter prices week by week. It’d be nicer if I could paste a dataseries say from excel, with a column of dates and a column of prices, directly into the security. Bulk entry. Better yet, if the top row has the custom security ticker, be able to paste in or import all the price data.
Thanks!
‘all the price data for multiple securities’ I meant to say at the end.
Will there be an upgrade price directly from iBank 4 to Banktivity 6? I purchased iBank 3 in January 2010 directly from IGG Software, and then upgraded to iBank 4 in March 2012, also through IGG Software.
I know that I can upgrade to Banktivity 5 for $29.99, but I don’t think that will allow me the free Banktivity 6.
Thanks,
Steve
We love keeping people upgraded, but we need to keep dinner on the table too. Our policy with upgrades hasn’t changed with Banktivity 6. That is, we give upgrade pricing to people upgrading from the previous version. So Banktivity 5 customers are eligible for the upgrade price, but iBank 4 users are not.
Have you made it easier to start a new year file?
We didn’t change anything with files and archiving.
In Banktivity 4 I used the spreadsheet report frequently. I was greatly disappointed when Banktivity 5 does not have the spreadsheet. Oh, how I hope Banktivity 6 will have the spreadsheet report. Also, a HUGE blessing to me would be a way to archive previous years, but draw them in to reports when desired.
Thanks for the blog posts. Really looking forward to V6 and the new features. Will the new Portfolio view include a column for %Portfolio to display each items % value relative to the total portfolio. This would be really helpful to manage target allocations across securities and asset classes.
Will it be possible to have the financial different to the calendar e.g.July 1 to June 30?
Yes, we do support custom fiscal years now.
I hope the new version will fix valuation of bonds and stock options. My accounts list bonds worth 100 times more than reality so my net worth is inflated by millions of dollars (too bad not true!)
You should be able to address this in v5 by finding the bond in Manage > Securities and changing the par value.
All I ask for the updated iOS version is that you please port the budget functionalities from the Mac version to it. Currently I don’t even touch the budget feature on iOS as it is missing e.g. envelope budgeting.
why would you not offer your customers who purchased the app from Apple a special upgrade price? You treat Apple store users like second class individuals. The only difference I could see when making the decision whether to buy from ICG or from Apple was the 90 day return possibility if buying from ICG.
OK, I’m sure that ICG makes more $ if purchased directly from ICG but when it comes to offering an special upgrade price to existing customers, it should be date driven, according to the date you purchased the app whether or not you quality for a special price, not from the source your purchased it.
Please rethink your policy as you are alienating your new customer base.
Sorry if this was confusing. If you purchased Banktivity 5 from the Mac App Store, you can get Banktivity 6 for the upgrade price of $29.99, but you have to buy directly from IGG Software. We’d love to give the upgrade price for people that want to buy Banktivity 6 from the Mac App Store, but Apple doesn’t give us a way to do that. So we offer the upgrade price if you want to buy from us.
+1
Hello,
I’m currently towards the end of my Banktivity 5 trial, and just catching on that there’s a new release coming soon that will be much improved. Will I be able to give that version a trial run too or am I stuck with no trial for the new version because I’m already using the old trial?
Thanks!
Nicole
You’ll be able to try it too.
Great, thank you!
I sincerely hope we will be able to change / merge payees in the new version. How many r
times has the payees name for the same organisation changed slightly . We discover then we have to change each transaction individually. The hours I have spent manually changing when in MS Money it was a few clicks. If this facility is missing this will be a deal breaker for me
There is a new payee batch editor. You can select any number of transactions, right click, “Change Payee…” and enter in the payee name you want.
Thanks Ian that’s brilliant. Not quite the way I envisaged but great nonetheless
Can the new “tags” be used like “classes” in Quicken 2007?
Yep.
If I upgrade from 4 to 5 will 6 be free?
No, unfortunately this offer is only for those buying the regular Banktivity 5 version (i.e. their are not upgrading from v4).
Will there be an upgrade path from 4 to 6?
I feel this offer should apply to your customers (like me) upgrading from version 4. If not will it be more expensive for me to upgrade to the latest version if the latest version is 6 and not 5 at the tie of upgrading? Surely I won’t have to upgrade to 5 and then to 6 when 6 is the latest version?
Our policy going back as far as I can remember has been: customers going from current version to next update qualify for upgrade pricing (e.g from 4 to 5, or 5 to 6). Customers that skip a major update don’t qualify for upgrade pricing. Banktivity 6 will import your data from iBank 4 without any issues, but it will be the regular price ($64.99 USD). You can actually save $5 if you upgrade to Banktivity 5 now ($29.99), then upgrade from 5 to 6 when it is available ($29.99).
Or save $15 by switching to Moneydance.
Com’on Spencer…….You say this on Banktivitys Site ???????????
Yes Ron. I don’t think it is right to penalize customer’s by charging twice to upgrade from version 4 to 6.
If you are a user of version 4 and upgrade to 5 you don’t receive a free license for 6. If you buy 5 you do get a free license for 6.
The cost of buying version 4 and upgrading to 5 is more expensive than just buying 5, so why does the more expensive option not qualify also?
This model rewards new customers whilst penalizing existing customers.
I am going to agree with Ian on this. I spent the money to upgrade to Version 5. I’ll take the upgrade pricing to Version 6. Jumping from 4 to 6 with a special rate defeats the purpose of upgrade pricing. The idea is that customers will always stay (and pay) for the latest software.
Put in perspective, $30 to run (I suggest) one of your top 5 usage apps on your Mac equates to 5-6 Cups of Coffee at Starbucks !! I respect people that don’t see the need to always upgrade but surely you can’t expect to get on the bandwagon if you skipped a version.
It would be really nice if we could auto-categorize/auto-rename based on amount. When you write a paper check, it can’t be auto-categorized because it only shows up as “CHECK ####” in Banktivity. But if I know a check written for a certain amount always corresponds to specific category and payee, then I should be able to say, “I want all checks written for $1234.56” to be renamed to “ABC Corp” with category “My category”
Only for Sierra?!?
I have an iMac 2008, I cannot upgrade to Sierra, Apple doesn’t allow me.
I have a OSX El Capitan and I am a happy iBank users since a lot…
But I doesn’t want to buy a new mac just for having banktivity 6 updated.
Will Banktivity 5 be in sync with the mobile versions of Banktivity, or will be Banktivity 5 blocked?
I am hoping you are not forcing me to to choose a new software…
It will be really for Sierra only?
Yep, only for macOS Sierra. Banktivity 5 will still sync with current versions of our iOS apps.
Thanks for the quick reply.
I am not planning to change my iMac before 2 or 3 years, so I hope that the gap between v5 and v6 will not prevent me from using the software correctly.
Does Banktivity 6 have support for the new Touch Bar ? I do find TB useful in some apps that have implemented this without overdoing it (ie add function rather than duplicate what you could do with a keyboard or mouse)
We don’t have any touch bar support built-in at the moment.
Having read all the blogs am really looking forward to Banktivity 6. I just ordered my new iPhone7. This got me thinking. I will begin using ApplePay with my new device. How about a system where you use ApplePay in store and the transaction is automatically entered into Banktivity? If your phone location is setup the payee could also be entered. It would then just need bank auto download to match the entry and perhaps adjust manually for any splits or change category if needed. Am I leaping to far into the future!!!!
I also hope to see an update to using foreign currencies. We desperately need the ability to enter our own exchange rate and be able to adjust it when we get a different exchange a few days later. Also reporting in different currencies has been a bear. This is something Quicken has had forever, and we have been waiting patiently for it on iBank for six years!
Will version 6 work with the current iPhone app ? I was just about to purchase the iPhone app to sync alongside my current Mac app but if it won’t work or I would need to pay to upgrade that as well, will hold off until all new versions are released.
Version 6 will sync with current iPad and iPhone apps.
I’ve just been reading throug,h these comments as a Banktivity 5 user.
Bravo Ian for taking so much time to respond to very detailed comments, Great customer care. I wish you every success with the launch and I will certainly upgrade.