Moneydance 2007 is a viable and worthwhile alternative to Quicken. While they aren’t deal killers, these details could be frustrating if you’re making the move from Quicken to Moneydance. I discovered several smaller issues like this throughout the program, including occasional screen redraw problems. While the program ships with a wealth of predefined categories, if you want to add a new one you’ll have to open the Edit Categories window from the tools menu and enter it there. And, if you’re used to adding a new transaction category by typing it in the category field, you’ll be disappointed to discover that this is not an option in Moneydance.
For example, Moneydance lets you enter a duplicate check number in the check# field without a warning. Once you start entering data using the ledger, you’ll begin to notice some of the program’s interface quirks. It also provides support for multiple currencies if you need this feature, this puts the program head and shoulders above any other personal finance program, including Quicken. Moneydance offers excellent graphing and reporting tools that can be customized and saved so that they’re available with one click from the home page. So, if you have several bills that you have to pay to one person, you can type in all the numbers, each separated by an operator, and Moneydance will handle the calculation for you. It has a currency converter so that you can manage your finances in other countries or cross-border transactions, get information on foreign exchange rates, and track your stocks.
Review moneydance software#
(Moneydance can connect directly to a multitude of banks.) The program’s amount field allows you to add single dollar amounts or use complex calculations to enter dollar amounts. Moneydance is not just a budgeting software it also has a lot of built-in features to help you manage your investments.
Review moneydance download#
You can enter new transactions manually, download files from your bank and import them, or create a direct connection to your bank and automatically import the files. Like Quicken, Moneydance uses a checkbook ledger-like interface for adding new transactions to your accounts. Moneydance’s toolbar can now be configured to display selected budget information, and the application offers you the option of using extensions, small programs that you can download and add to Moneydance to give the program more features and functionality. The graph can be changed to display your income and expenses in monthly, yearly, and running 365-day views. Moneydance uses a home page to give you easy access to all your financial information.New to Moneydance 2007 is a summary graph on the home page that allows you to see all of your expenses in a color-coded bar graph. Any of these items can be rearranged or removed from the home page using the program’s preferences panel, and you can open most items-like your checking account-much as you would Web pages, by clicking them once. The home page displays all of your bank account information, your credit card and loan balances, a calendar with highlighted transaction reminders, and stock values, as well as your current net worth and updated currency exchange rates. Seeing this in practice makes us wonder why more programs don't do the same.The program uses a customizable navigation window-or home page-to put all of your personal financial information at your fingertips. Moneydance beats out its competition by aiming for the online banking crowd.
Review moneydance trial#
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. 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 has the capability to hook into your various bank accounts and draw the information for you. Many simple financial programs require users to manually enter every dollar that comes in and out of their various holdings. Where Moneydance steps ahead of most of its competition is data entry. All the options are easy to access and fairly intuitive to understand. In the brown and green header users can cycle through options to manage their funds, such as transfers, accounts, extensions, and more. Users instantly see their balance in the heart of the rectangular screen, a calendar to the right, and reminders above that. This download has a fairly simple look that will become familiar in a short time. Moneydance can give you a better understanding of your overall financial picture. This easy-to-use financial management program minimizes data entry by connecting directly with your online accounts.
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