ihatemoney vs KMyMoney

Struggling to choose between ihatemoney and KMyMoney? Both products offer unique advantages, making it a tough decision.

ihatemoney is a Business & Commerce solution with tags like expenses, groups, roommates, travel, open-source.

It boasts features such as Track shared expenses for groups, Add members and assign who owes who money, Settle up balances within the group, Email reminders about balances, Mobile friendly interface, Multi-currency support, Export data and pros including Free and open source, Simple and easy to use, Flexible for managing different group scenarios, Active development community.

On the other hand, KMyMoney is a Business & Commerce product tagged with personal-finance, money-management, budgeting.

Its standout features include Double-entry bookkeeping, Scheduled transactions, Import transactions from CSV files, Online banking support, Investment tracking, Budgeting tools, Graphs and reports, and it shines with pros like Free and open source, Available on multiple platforms, Powerful features, Active development community, Supports many currencies and languages.

To help you make an informed decision, we've compiled a comprehensive comparison of these two products, delving into their features, pros, cons, pricing, and more. Get ready to explore the nuances that set them apart and determine which one is the perfect fit for your requirements.

ihatemoney

ihatemoney

ihatemoney is an open source web application that allows groups to track shared expenses in a simple and flexible way. It can be useful for roommates, travel companions, groups of friends, and more.

Categories:
expenses groups roommates travel open-source

Ihatemoney Features

  1. Track shared expenses for groups
  2. Add members and assign who owes who money
  3. Settle up balances within the group
  4. Email reminders about balances
  5. Mobile friendly interface
  6. Multi-currency support
  7. Export data

Pricing

  • Open Source

Pros

Free and open source

Simple and easy to use

Flexible for managing different group scenarios

Active development community

Cons

Limited reporting capabilities

No invoicing features

Must host yourself or use third-party hosting


KMyMoney

KMyMoney

KMyMoney is an open-source personal finance manager software for Linux. It allows users to track bank accounts, stocks, budgets, and other financial accounts to help manage personal finances.

Categories:
personal-finance money-management budgeting

KMyMoney Features

  1. Double-entry bookkeeping
  2. Scheduled transactions
  3. Import transactions from CSV files
  4. Online banking support
  5. Investment tracking
  6. Budgeting tools
  7. Graphs and reports

Pricing

  • Open Source

Pros

Free and open source

Available on multiple platforms

Powerful features

Active development community

Supports many currencies and languages

Cons

Steep learning curve

Limited mobile app availability

Less user friendly than some alternatives

Lacks some advanced features of paid options