Microsoft to Remove Money, Wolfram Data Types from Excel

Microsoft alerted its Microsoft 365 subscribers this past weekend to tell them that it will be removing two key features from Excel next year: Money in Excel and Wolfram Data Types in Excel. Additionally, Microsoft is discontinuing added value from its partners on June 30, 2023.

“Microsoft is committed to improving your Microsoft 365 subscription,” an email from Microsoft 365 reads. “As a result, we occasionally remove underused features and benefits. This email provides details on three features we plan to remove next year.”

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Those features are:

Money in Excel. Starting June 30, 2023, Microsoft will disconnect your financial accounts from your workbook and you won’t be able to refresh your transactions. The good news? Excel will retain the workbook and any data it contains. And to soften the blow, Microsoft is partnering with Tiller—described as “the fastest, easiest way to manage your money with the power of Microsoft Excel”—to offer customers a 60-day free trial of its personal finance spreadsheet service. You can learn more here.

Wolfram Data Types in Excel. Starting June 11, 2023, Microsoft will discontinue support for Wolfram data types in Excel. Customers will retain existing data from Wolfram but they won’t be able to add new Wolfram data types, refresh data, follow links, view new images, or download templates with Wolfram data.

Unique offers from partners. Microsoft offers a set of benefits from its partners, but those will be discontinued on June 30, 2023. Before then, you can still redeem available offers. You can see those offers here.

It’s kind of hard to keep track of these things, but I believe each of these was only available in Excel if you subscribed to Microsoft 365. That is, you wouldn’t get these features if you bought a perpetual version of Microsoft Excel or Office. Money in Excel debuted one year ago, in June 2020. And Wolfram Data Types in Excel appeared around the same time.

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Conversation 18 comments

  • jgraebner

    Premium Member
    30 May, 2022 - 6:12 pm

    <p>Not surprised that they gave up on the Money in Excel feature. I tried it last year and it was so limited as to be nearly useless. You couldn’t even customize the names of accounts.</p><p><br></p><p>It also just didn’t make much sense at a time when most people want a cloud based solution for this kind of thing. Those who are especially privacy concerned to want everything local wouldn’t want the connected services and would just use a plain spreadsheet. </p>

    • jwpear

      Premium Member
      01 June, 2022 - 8:55 am

      <p>Same. It was limited and didn’t work with my bank because of their 2FA.</p>

  • Sykeward

    30 May, 2022 - 6:17 pm

    <p>I doubt that many folks were using Money in Excel…that seems pretty niche. That said, a 60-day trial for something that already comes with a 30-day trial and costs $79/yr doesn’t seem particularly generous. Technology marches on, I suppose.</p>

  • billbecker

    30 May, 2022 - 10:03 pm

    <p>If you want to keep your personal finances entirely local, then the Microsoft Money <u>program</u> is still available and is free. It is no longer supported by Microsoft but there is an archive of the Microsoft Support Forum:</p><p>https://social.microsoft.com/Forums/en-US/home?forum=money</p><p>and a Google group:</p><p>[email protected]</p><p>with current support from users. Microsoft Money has many more features than Money in Excel and it allows exporting of reports to Excel.</p>

    • yaddamaster

      31 May, 2022 - 9:58 am

      <p>Yeah – I still use Money as well. I tried Quicken a few years ago and it was just a convoluted mess.</p><p><br></p><p>I find it very annoying having to manually download everything but it’s doable. Money + Mint seems to work fine for me.</p>

      • jwpear

        Premium Member
        01 June, 2022 - 8:54 am

        <p>Sadly, I still use Money too. I just haven’t found an option that closely matches what it offered. I’ve love to. Anyway, you should check out PocketSense if you would like to automatically download your transactions to Money.</p>

  • navarac

    31 May, 2022 - 3:46 am

    <p>So, back to the Abacus then 🙂 ?</p><p><br></p><p>Guesses for the next Deprecation?</p>

    • hrlngrv

      Premium Member
      31 May, 2022 - 8:19 pm

      <p>The cynic in me is tempted to say VBA, but if MSFT removed VBA from Excel, many enterprises would never upgrade again, remaining on 2019 or 2021, as it were, in perpetuity.</p><p><br></p><p>What’d make most sense is moving seldom used bloat to bundled add-ins so that those who use them still have them. ALL the imaginary number functions, all the Bessel functions (which can only take integer parameters, so not general; just wrappers around the crippled C Standard Library functions of the same names), all the OLD probability distribution functions like BETADIST, and all the CUBE functions (since Power BI became a thing, I haven’t come across anyone still trying to use any of these).</p>

  • JustDavid

    31 May, 2022 - 6:28 am

    <p>I actually still use Microsoft Money. I was very glad that after the outcry when they killed it, that they patched it to remove the restrictions on it with the Sunset patch</p>

  • dallasnorth40

    Premium Member
    31 May, 2022 - 9:20 am

    <p>Is Quicken still a thing?</p>

    • lvthunder

      Premium Member
      31 May, 2022 - 11:01 am

      <p>Yes.</p>

  • matsan

    31 May, 2022 - 1:17 pm

    <p>I misunderstood the heading and thought – "hmmm, will they remove the Currency number format? That would be a bummer!"</p>

    • mprachar

      31 May, 2022 - 5:26 pm

      <p>I had a similar record-scratch moment when I saw that headline, and now I’m reading about a dead thing I never knew existed :)</p>

  • stoicjim

    Premium Member
    31 May, 2022 - 4:25 pm

    <p>I was never comfortable linking my accounts to this and mostly didn’t use it. I’m not surprised it wasn’t popular.</p>

  • garyprusso

    Premium Member
    31 May, 2022 - 4:40 pm

    <p>Do you know if this will also remove the Bing Powered Stock quote service?</p><p><br></p>

  • tdsmith

    31 May, 2022 - 4:46 pm

    <p>I tried using Money with my Office 365 subscription about two years ago, but it wasn’t until I loaded it did I discover it was not available in Canada. Hence, if it was a US only feature, that seems par for the course where they add a feature but do not role it beyond the States.</p>

  • cavin

    01 June, 2022 - 8:09 pm

    <p>If you want a great program for following your money, try GnuCash. It’s free and available for Windows, Linux &amp; macOS. GnuCash allows you to track bank accounts, stocks, income, and expenses. As quick and intuitive to use as a checkbook register, it is based on professional accounting principles to ensure balanced books and accurate reports. It’s available from GnuCash.org.</p>

  • Michael

    21 April, 2023 - 10:29 am

    I have been using money in Excel for years now, without any problems, so this is a bit sad, at least for me. I’m also not sure about tiller as I’m not familiar with this alternative that is being offered. It is also a great shame that the data sets from Wolfram alpha which I was very excited about are being pulled as well as I was actually using the data that was being provided by that service. I am a big fan and I even use mathematica personally and as well as the Wolfram engine. I hope that going forward there can be a workaround to import these data sets from Wolfram into Excel and potentially even use the new co-pilot feature with the AI to extrapolate from the data as I was hoping would be the case going forward, I see that isn’t the case but I see there is still the potential.

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