Image Linking in Microsoft Money Plus

Another new feature in Microsoft Money Plus Deluxe, Premium and Home and Business is the ability to link image files and other file types to transactions. This is useful for documenting expenses entered into an account register with a scanned or copied and saved image. For example, if you pick up the tab for a business lunch, you can scan the receipt, save the digital image and link to that image file from the transaction in Microsoft Money Plus. Many files types can be linked to Microsoft Money Plus transactions because Money does not actually execute the linked file (it opens with its associated software application).

Microsoft Money Plus Investing Tools

Microsoft Money Plus Premium and Home & Business includes some new investment tools:

• Morningstar ratings in MSN Money ETF center

• Participate in stock ratings with Motley Fool CAPS

• U.S. world markets, currencies and more MSN Money Market Dashboard

• Daily Top 10 StockScouter stock ratings

Microsoft Money Plus Pros

• Bills Insights

• Image file links

• Free trial

• StockScouter

• Customizable home page

• Multiple currencies

Microsoft Money Cons

• Clicking on some features brings up a web site with financial news rather tools to analyze finances

• Too many advertisements

• A number of Microsoft Money bugs persist year after year.

Microsoft Money vs. Other Personal Finance Software

Compared to the competition, primarily Quicken desktop personal finance software, Microsoft Money offers a 60-day free trial and a lower price. Money is not quite as elegant as Quicken, but it provides essentially the same personal finance tools. There are also many online personal finance management options now available.

Updated 05/13/2010

COMPREHENSION

Exercise 5.  

Which of these statements agree with the text? Write 'agreed' or 'disagreed' in your notebook.

1. Microsoft Money has advantages and disadvantages as well.

2. Microsoft Money Home and Business helps document expenses entered into an account register with a scanned or copied and saved image.

3. Microsoft Money programme can present financial reports visually.

4. Microsoft Money software is a little bit more expensive than other Personal Finance Software.

5. Microsoft Money software is not as quick as other Personal Finance Software.

Vocabulary developing

Exercise 6.  

In the text find the English equivalents for the following:

1. отслеживать ситуацию на мировых рынках

2. личные финансовые инструменты

3. вводить информацию по сделкам вручную с помощью клавиатуры

4. заменять ПО на новую версию

5. остаток на счете

6. ведение дел

7. норма расходов, предусмотренных бюджетом

8. журнал отчётности

9. настраиваемая домашняя страничка

Exercise 7.  

Fill in the gaps in the following sentences with the words below:

1. Their living expenses are constantly_________.

2. A ________ is an agreement, communication, or movement carried out between separate entities or objects, often involving the exchange of items of value, such as information, goods, services and money

3. The amount of money in a financial repository, such as a checking account, at any given moment is called _____________.

4. To correspond in relative position; as, two pages, columns, etc., _________when the corresponding parts fall in the same line

5. To modify or build according to individual or personal specifications or preference means __________.

6. A __________ is a device that can be used to produce an item or achieve a task, but that is not consumed in the process.

Words: enhancing, to customize, tool, register, account balance, transaction.

DISCUSSION

Managing CASH FLOW in the everyday sense is about making sure you have money coming in to finance the costs of the goods and services you are producing.

You are a small business. Profit is good, but it’s cash that pays the wages. Improving credit control can make a world of difference to your business prospects.

Devise a number of tips to follow when it is necessary to get what’s due to you. Answer the questions below which could help you work out the guideline:

1. What is a good way of protecting yourself against bad debts?

2. How can you deal with smaller debts?

3. What should you do if present customers delay in paying?

4. What should you do before sending goods to a customer?

5. What can you do if customers pay up swiftly?

6. When should you use credit insurance?

UNIT 4

PREVIEW

Exercise 1.  

Answer the questions or predict the answers for the questions below:

1. What is your personal daily consumption? What categories is this consumption divided into?

2. What are your savings?

3. What resources could be considered as investments?