Moneydance offers an intelligent and comprehensive alternative which allows you to organize your finances, manage your budget, track your portfolio, or just automatically balance your checkbook. It is easy to use personal finance software that is loaded with all the features you need: online banking and bill payment, account management, budgeting, and investment tracking. Moneydance handles multiple currencies and virtually any financial task with ease. Simplify your finances with Moneydance, the groundbreaking personal finance manager. Whether you want to organize your finances, pay bills online, manage your budget, track your portfolio, or just automatically balance your checkbook, Moneydance is the solution for you. Moneydance’s simple, intuitive interface makes taking care of your finances a breeze. Save time and money with online banking and bill payment. Moneydance makes it easy to set and trace budgets, and reminds you of upcoming bills to keep you up-to-date. Moneydance’s insightful reporting and graphing tools illuminate your finances and show you where your money goes. You can track your portfolio and stay on top of your investments. MoneyDance also offers encryption and password-protection to ensure your privacy.
This easy-to-use financial management program minimizes data entry by connecting directly with your online accounts. Moneydance can give you a better understanding of your overall financial picture.
This download has a fairly simple look that will become familiar in a short time. Users instantly see their balance in the heart of the rectangular screen, a calendar to the right, and reminders above that. In the brown and green header users can cycle through options to manage their funds, such as transfers, accounts, extensions, and more. All the options are easy to access and fairly intuitive to understand.
Most importantly, Moneydance supports online banking which is what will convince many users to convert to it from Quicken. You can retrieve credit card statements and bank statements from most major US banks that support OFX standards. Even better, you can use Moneydance to automatically pay your bills for you too.
Graphs & Reports
Use the graphing tool to generate visual reports of your income and expenses. Set the graph type, the date range, and any specific settings for the type of graph you desire.
The account register is used to enter, edit, and delete transactions in an account. It is visually similar to a paper checkbook register, but the calculation of balances and sorting of transactions is all done automatically. The payee auto-complete feature makes it easier to enter and categorize your transactions.
You can set up a payment schedule for single or recurring transactions so you’ll never miss a payment.
Moneydance for PC can automatically download transactions and send payments online from hundreds of financial institutions. It learns how to automatically categorize and clean up downloaded transactions.
This is an overview of your finances. The information shown includes account balances, upcoming and overdue transactions, and reminders, and exchange rate information.
When you’re on the go, you can use the Money dance mobile app to enter or edit transactions and view balances. Changes are synced instantly and securely with your desktop.
Follow your investments and bring your portfolio into focus with support for stocks, bonds, CDs, mutual funds, and more. View the total value of your investment accounts or the performance of individual stocks and mutual funds over time.
Where Moneydance steps ahead of most of its competition is data entry. Many simple financial programs require users to manually enter every dollar that comes in and out of their various holdings. Moneydance has the capability to hook into your various bank accounts and draw the information for you. This is a great option for users who have their finances spread around in various accounts and have a difficult time getting an overall picture.
Moneydance then helps you trace budgets, and reminds you of upcoming bills to keep you up-to-date. There’s handy reporting and graphing tools that should give you a little bit more perspective over where your money is going. However, there is no way to upload receipts and other financial documents related to your transactions. Its always useful to have your documents in one place although it depends on whether you scan and file your financial documents regularly.
Online banking and bill payment
Pay your bills in seconds without picking up a pen or licking a stamp. Moneydance can synchronize your records with transactions downloaded from your bank, with support for OFX, QFX, or QIF files.
Manage your budget
Moneydance makes it easy to set and manage budgets. The program compares your actual income and expenses to what you had planned and show you where your accounts are over or under budget.
Stay on schedule
It’s easy to plan ahead by scheduling recurring or future transactions including bills, loan payments, and paychecks. Moneydance shows all your upcoming or overdue bills and automatically calculates principal and interest payments for mortgages and other loans you may have.
Track your portfolio
Follow your investments and bring your portfolio into focus with support for stocks, bonds, CDs, mutual funds, and more. View the total value of your investment accounts or the performance of individual stocks and mutual funds over time. Stock splits and cost basis computations are a snap, and current prices can be downloaded automatically from the Net.
Generate useful reports and graphs, quickly
Moneydance generates a variety of reports and graphs detailing information about your accounts. Built-in reports and graphs include: Budget, missing checks, net worth, account balances, cash flow, transactions, cost basis, income vs expenses, and VAT/GST.
There’s a 100-use trial limitations and some of the numerous features are disabled, but you can still get a good sense of this effective money manager. Moneydance beats out its competition by aiming for the online banking crowd. Seeing this in practice makes us wonder why more programs don’t do the same.
There are some drawbacks to Moneydance. The handling of split transactions still hasn’t been improved from the 2010 version. In addition, the interface can feel a bit complicated and overwhelming at time and this isn’t helped by the fact that Moneydance is based on Java.