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Review
This review applies to version 5.7
The latest version of this software will soon be reviewed by our
informers.
SolveIT!, developed by Pine Groove Software, is the most complete financial calculator solution offered by this firm. The other solutions offered are: Loan Calculator Plus!, offered for free for non-commercial use; and AmortizeIT!. The basic platform and design is the same for all three versions, the scope is what changes among them.
SolveIT! gathers a whole collection of financial calculations tools, organized into the following six categories:
1. Finance: tools to calculate interest rates, net present value, and equivalent rates, among others.
2. Depreciation: this category offers tools to calculate the depreciation of a certain value using the different frequently used methods.
3. Loan: this category is basically the Loan Calculator Plus! application commented before. You’ll find all kind of tools to make calculations regarding loans.
4. Schedules – Cash Flows: this category offers tools to calculate amortization, future value, and annuity, among others.
5. General: here you will find general tools such as: EOQ, to calculate the economic order quantity used in stock administration; Budget; Net Worth; and Gross Profit, among others.
6. This last category gathers several virtual advisors. Among them we can mention: lease vs. buy; loan comparison; break even point; and refinance.
In terms of comparison with the other products offered by the same developer, this is the one with the most convenient benefit/price ratio. What you should consider before buying this product is the use you intend to give it, because it’s not very likely that you would use the whole thing.
Even when it performs pretty complex calculations it offers a very intuitive interface which, by the way, could be benefited by going through a restyling process. The system requirements are minimal, starting with a Pentium II processor, Windows 95, and 10 Mb of free disk for installation. |
- It offers a shareware license.
- It gathers a huge collection of calculation tools in a single application.
- The interface is very intuitive.
- It provides full help information.
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- The interface is outdated, which is not essential in this kind of software.
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Reviewed by: Lionel Mira Reviewer rating: Reviewed: 2 years ago
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What's new in version 6.1 beta
- New Savings Calculator (replaces Payment Required Calculator). Solves for any unknown not just the required regular savings amount.
- Updated MACRS for 2010 tax law changes.
- New Section 179 benefits calculation added to MACRS calculator
- Updated IRR calculator. Add a description to all cash flows. New ways to insert/delete cash flows. Improved editing of cash flows. Export cash flows.
- Updated NPV calculator. Add a description to all cash flows. New ways to insert/delete cash flows. Improved editing of cash flows. Export cash flows. |
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Screenshots
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