Publisher's Description
From The Infinite Kind:
Moneydance is an easy-to-use personal finance manager. Whether you want to organize your finances, manage your budget, track your portfolio, or just automatically balance your checkbook, Moneydance is the solution for you. Moneydance's simple interface makes tracking your finances a snap, and advanced features include online banking and bill payment, portfolio tracking, graphing and reporting, and transaction reminders.
What's new in this version:
Here's a whirlwind tour of just some of the improvements this significant update delivers:
Sub-categories Now Auto-complete. For example, instead of typing Au:Fu for Automotive:Fuel, you can just start typing Fuel.
New Categories From Within Account Registers. Simply start typing, and if the app doesn't recognise it as an existing account, category, or sub-category you'll be given the option to create a new category with that name.
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All versions:
3.5 starsout of 22 votes
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Current version:
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My rating:
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"Buy Quicken instead."
Version: Moneydance 2012.2
Pros
Better than all other Quicken alternatives. In fact those alternatives are simply unacceptable to anyone who knows what they are doing.
Cons
Lacks the basic and necessary functionality found in Quicken circa 1992.
Summary
The product is not so bad as to merit the substantial effort required to swithc back to Quicken. I switched to Moneydance because at that time Quicken has not updated thier software to run on the latest Mac OS version. Now that Quicken has updated thier software there is no good reason to use any other software if starting from scratch.
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"Still lots of shortcomings, just nothing better to use"
Version: Moneydance 2011.803
Pros
- Better than other Mac Financial Software
- Accurate calculations
- Overall a strong set of features compared to other Mac software currently on the marketCons
- Bugs often go unfixed for long periods
- Feature suggestions likewise, take a long time to get implementedSummary
Really, the best reason to use Moneydance is it doesn't suck as badly as the other options out there. And yeah, that's not saying much. If I could find something better I'd use it but with MS dropping Money and Quicken having been on a steady decline, none of the other software is nearly up to par. This is better than most but I still have issues with it. Recently I reported something that they said was "one of their most common requests" and yet still the best they would give me was we "hope to fix it in a future major release". It's not even a bug that should be particularly hard to fix, and has made the software so problematic for me to use, that i'm not sure this time I'm willing to wait it out.
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"I find this program has two problems"
Version: Moneydance 2011.803
Pros
It easy to use and gives all your accounts in a viewing column
Cons
I can't sort on categories, meaning that I can't get a report for each category of expenditure. And reconciling doesn't allow me to put in the date span and thus does not literally balance. Looking for something else
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"Excellent with One Glaring Issue"
Version: Moneydance 2011.803
Pros
Fast and Accurate. Loads fast and saves fast, compared with Quicken 2007 on the Mac. Can import Quicken transactions (make sure you follow the directions). Cannot import the schedule for repeat transactions. Easy to use. Flexible scheduling of repeat transactions (e.g., 3rd Wednesday of the month)
Cons
The field, Description, in a transaction is generally used as the field to specify a payee. The field, Memo, is used to provide extra information about the transaction. The problem is with splits.
Splits allow one to break down the total paid to a payee into multiple categories. The problem is that whereas every other financial program I've looked at includes the field, Memo, in each split, Moneydance provides the field, Description, instead. When creating a report of expenditures by category, subtotaled by Payee, every description in a split becomes another payee to subtotal.
This glaring issue has been commented on Moneydance forums for years, with no result that I know of.Summary
An excellent program with a glaring omission which is a deal breaker for me as I look for a replacement for Quicken 2007 on the Mac.
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"Best checkbook replacer for Quicken"
Version: Moneydance 2011.791
Pros
Most "Quickenlike" of check book programs I looked at
Cons
It took a while to customize the checkbook because a few features were not obvious, but I eventually got it to work the way I like.
Summary
I only the check register feature. I have used (and loved) Quicken for 15+ years but had to switch because of Lion incompatibility. Getting Moneydance to work like Quicken took quite a bit of doing because how to change some of the customizable preferences is not immediately obvious. Making checkbook entries is not quite as efficient as in Quicken, butI have suggested changes to the company and would be surprised if they don't make them. Getting reports can be done more efficiently than in Quicken once you have figured out how to set them up. Meanwhile, be sure to read the manual about keyboard shortcuts.
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"MD is a viable replacement for Quicken 2007 for Mac."
Version: Moneydance 2011.791
Pros
It covers all of the features you find in Quicken for Mac. Including on line banking, bill paying. Registers mimic the paper ones. It nicely presents your bank accounts, credit cards, investments, assets, liabilities and a calendar for reminders.
Cons
On line bill paying should be initiated from reminders but are not. Importing your data from other programs will have to be cleaned up, duplication seems unavoidable. To include the reminders created from your scheduled events in Quicken.
Summary
Attentive support team at MD. With Intuit dropping Quicken for the Mac community this is the replacement. Some processes could be smoother so with some fine tuning by the developers of MD, over time, we won't miss Intuit for long.
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"Great basic finance program"
Version: Moneydance 2011.791
Pros
I don't have major needs, so while this is not as sophisticated as some and may not have much eye candy, I actually like the simplicity and straight-frowardness of it. I also love that there is an mobile app, so I can sync with my iPod Touch.
Cons
As I mentioned, the level of sophistication is not so developed, though I don't use that, so have not strong critique here. Online support might be better in other programs, too, but I have not had too much need for that.
Summary
If you are looking for a good finance program to maintain your basic finances and want one that also has an app for iPhone/iPod Touch, this is it. It is great for my daily tracking of finances. I have been using it for a couple of years and have been very happy with it.
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"Works well as substitute for Quicken"
Version: Moneydance 2011.790
Pros
Easy to download and install. Imported Quicken files with no problem. Interface good. Easy to understand for most tasks.
Cons
Manual not very helpful on Reports. Memorized reports say no information after generating a good report. Not easy to customize. Need buttons in toolbar for repetitive tasks.
Summary
For the price, good program to replace Quicken when Lion arrives.
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"An unacceptable, difficult to use convoluted program"
Version: Moneydance 2010r3
Pros
Absolutely none at all
Cons
Difficult to add/edit securities. Poor handling of split transaction. Can't add/edit default security actions. Enters duplicate buy/sell transactions & wrong # of securities. Transfer funds actions & auto deposits never worked.
Summary
Anyone looking for a personal finance program should avoid Moneydance & look elsewhere.
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"My new money program."
Version: Moneydance 2010r3
Pros
I like this program a lot. It's easy to use but still has a lot to it. I like the pie charts to check out your expenses and income.
I also really like the "kaching" sound it makes when you enter a transaction.Cons
Haven't found anything I don't like about it yet.
Summary
I usually don't buy software but I'm going to buy this one because I need some kind of program to keep track of my money and this one is simple but not too simple.
