![]() ![]() You can adjust to create the type of graph you want and customize it with the desired dates and any other parameters you wish. ![]() Moneydance has graphing tools that allow you to generate visual data and reports of your income and expenses. The potential budget reports you can compile are: The platform also allows you to generate in-depth budgeting analysis reports that make it easy for you to track your personal or business figures. It also allows you to assign tags that are crucial when running reports and analyzing your spending trends.įor example, you can tag all your expenses while on a road trip and then pull reports to see exactly how much your road trip was. Through Moneydance, you can set specific budgets by category for example, you can set a budget for restaurant expenses only. The platform aggregates your account data and provides the following details on the dashboard for easy navigation:Įverything may be summarized on one page, but you can choose an item from the drop-down list and directly open an account to enter or reconcile transactions. Moneydance allows you to make payments directly from its platform using Direct Connect – a similar program to the one used in Quickbooks and Quicken. Bill Reminders And Payĭespite budgeting apps tracking your finances and set money goals, you still need the bank app to schedule recurring and single online bill payments. The platform also automatically downloads your transactions and categorizes them to help you track your expenses. ![]() Moneydance online banking can help you manage several accounts from multiple banks and monitor them in one dashboard. It provides excellent functions due to the following features: Online BankingĪlmost every bank now offers online banking, but it is not easy to manage when you have two or more accounts in one bank. Moneydance is a massive platform where you can create one universe for all your finances. You can also use Moneydance to pay bills as well as handle different currencies directly. The platform looks like a ledger and allows you to monitor your banking and investment accounts provided you link them. Moneydance is a budgeting platform much similar to Quicken, but unlike Quicken that has a monthly charge, Moneydance goes for a one-time fee of $49.99. Over the years, Moneydance has developed and now runs on Mac, Windows, and Linus, with a one-time price tag after making 100 free manual transactions. It offers most of Quickens’s functionalities, including online banking and bill pay, income and expense management, budgeting, investment tracking, and reports. Seven years after its launch in 1991, Quicken started to receive competition from a free, open-source app known as Moneydance. It may be challenging to connect some financial accounts.That said, don't expect to use this app on your smartphone or tablet.Įditors' note: This is a review of the trial version of Moneydance for Mac 2014. It's a full-fledged personal finance manager with a slick interface, and while it does come with a price tag, its power and flexibility definitely make up for it. If you need to track your expenses on your Mac, look no further than Moneydance for Mac. While an iOS app is available, it is nowhere near as polished and powerful as the Mac version. The program's only major downside is the lack of decent mobile support. In terms of performance, you will be impressed with Moneydance's speed and relatively low demand for system resources considering its data processing features: it consumes only around 250MB of RAM. The app comes prepopulated with the most popular currencies, types of accounts, and expenses, but you can choose which types of prepopulated entries to show as well as create custom ones. Entry creation, which in the trial version is limited to 100 entries, is easy, though a bit overwhelming at first. To enjoy all its features, however, you will have to buy the premium version.įollowing a straightforward installation, Moneydance for Mac gives you the option to import previous databases or start from scratch. It covers everything you could want from a financial application - multiple account support, multiple currencies, printing, filtering, and more - all placed in a beautiful, well-designed interface. With its depth, plethora of options, and convenient report styles, Moneydance for Mac stands out as a professional financial software. ![]()
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