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Moneydance
Moneydance 2011
Your rating: Now say why...

(31) 4.008064516129032

Personal finance manager.   Shareware ($49.99)
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  • Download Now
    9.4 MB
  • Visit Developer's Site
    The Infinite Kind
Moneydance is a full-featured personal financial management application that includes features such as online banking, online bill payment, investment management, budget tracking, scheduled transactions, check printing, detailed graphs, reports and much more. Moneydance's easy-to-use interface sets it apart from other financial software.

Online Banking.
Moneydance can automatically download transactions and send payments online from hundreds of financial institutions. Moneydance learns how to automatically categorize and clean up downloaded
What's New
Version 2011:
  • Direct import of data from Quicken Essentials for Mac
  • Completely new interface for managing downloaded transactions, designed to minimize the effort required to keep your finances up to date
  • Additional Graphs and Reports, including a transfer report to help you analyze money flow between accounts
  • Multi-currency improvements making life easier when managing international accounts and investments
  • Instant access to bank websites from within the program
  • Enhanced report printing
Version 2011:
  • Direct import of data from Quicken Essentials for Mac
  • Completely new interface for managing downloaded transactions, designed to minimize the effort required to keep your finances up to date
  • Additional Graphs and Reports, including a transfer report to help you analyze money flow between accounts
  • Multi-currency improvements making life easier when managing international more...
Requirements
PPC / Intel, Mac OS X 10.4 or later







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Moneydance User Discussion (Write a Review)
ver. .x:
(31)
Your rating: Now say why...
Overall:
(31)

sort: smiles | time
burypromote

+4

Chrisknight reviewed on 11 Feb 2012
As a Java app, I find this unusable on my Mac Pro. I run Lion and Java apps have never run properly since I "Upgraded" from Snow Leopard.

It's not Moneydance's fault I suppose, except that they choose to burden the customer with this rater than write a Mac specific version
[Version 2011]


burypromote
+1

+1

LauraS reviewed on 27 Nov 2011
I used MSMoney for 18yrs but since they no longer offer support, needed an alternative. After spending several weeks trying out other Mac finance programs, I jumped in and purchased Moneydance because the longer I used it, the more it stood out. This program is good if you are more of a full-featured user, or someone who wants to track more details (investments, etc). I originally hoped to go w/a simple, envelope-style program (Mvelopes, etc), but found that they just could not do what I needed. While the program is not perfect (none are), I have found the developers to be quite responsive, and the forums full of info. It also appears that the product is constantly improved based on user suggestions. So basically, I feel like Moneydance is only going to get better. And, I know that Intuit and other large companies are not going to be responding to my emails as quickly as the folks at Moneydance (if at all) to make things work. Overall, a very solid product that I would recommend.
[Version 2011]


burypromote

+14

Alanterra reviewed on 26 Nov 2011
I really want to use MoneyDance as a replacement for Quicken 2006. It appears that as of Nov, 2011, MoneyDance and Quicken Essentials for Macintosh are the only programs that allow one to bring both Classes and Categories over from Quicken 2006. They both transfer Classes into Tags (allowing any transaction to have multiple Tags).

Unfortunately, the user interface for entering tags in MoneyDance is only mouse-driven. You tab to the Tags field, and then you have to pull down and click the tag. There are no keyboard shortcuts for entering a tag (like typing its name and hitting return). This makes MoneyDance very difficult to use if you are tagging every transaction.

Otherwise, it is a nice program. I didn't explore it in detail, as I can't imagine clicking to choose a tag for every transaction.
[Version 2011]


burypromote
+2

+2

Hal@nealstudio.com reviewed on 15 Aug 2011
Split functionality is built in, so maybe some users haven't found it yet or something. It definitely is in there. Moneydance surpasses Quicken in every way. I wish I'd switched long ago. It's very Spotlight-like in how you are able to search for transactions -- much better than Quicken's one-at-a-time find. And the reports and charts are far superior to Quicken as well. I tried iBank and it wasn't nearly as robust as this app. I tried Moneywell and it didn't quite do all the things I was used to doing in Quicken. And Quicken Essentials was essentially worthless unless all you want is an electronic checkbook. Moneydance has been great for me. You do need to make sure you save your work before you quit, but the app asks you, so that shouldn't be a problem. I was fortunate that I got it for 25% off during a MacUpdate promo, and $37.50 was a little easier to swallow than $50, but even at full price, it's a great app.
[Version 2011]


burypromote

-4
Bohdanz commented on 27 Jul 2011
I was once an ardent supporter and promoter of Moneydance.

No more.

The developer has regressed the app by taking away a much needed split transaction option. I've been reading hordes of angry users' comments on the forums for Moneydance - and the developer just doesn't get it.

I am eagerly trying iFinance and iBank as the options I'll use when I dump Moneydance.
[Version 2011]

3 Replies

burypromote
+1

FebruaryFilly replied on 30 Jul 2011
I used the trial all last week, just bought this ap yesterday and began using it extensively to set everything up today. I have no problems entering a split transaction. Our payroll checks are a 7 way split transaction.
burypromote

+2
Hal@nealstudio.com replied on 15 Aug 2011
Split functionality is built in and Moneydance surpasses Quicken in every way. I wish I'd switched long ago. It's very Spotlight-like in how you are able to search for transactions -- much better than Quicken's one-at-a-time find. And the reports and charts are far superior to Quicken as well. I tried iBank and it wasn't nearly as robust as this app. And Quicken Essentials was essentially worthless unless all you want is an electronic checkbook.
burypromote
+1

Garyrob replied on 26 Dec 2011
The assertion that the split transaction operation is gone is, simply, false. However, the means of accessing it changed. One way to reach it is to click on the little up/down areas next to the category field. A button to invoke a split appears at the top of the box that appears.

(This comment is written by a satisfied user of MoneyDance who simply does not like seeing false statements that could potentially interfere with a good product's ability to find its way into the hands of potential customers who would enjoy it.)
burypromote
+4

+17

Drsfg reviewed on 29 May 2011
I've been using Moneydance since 2006 and have been very happy with leaving Quicken behind. It is a good program. However, there seems to be a trend (Paperless is another example) where new versions, with "improvements" are actually worse than their older versions.

First, there appeared the inability to print reports in Portrait mode which appeared in v2010. This, I was told would require a complete rewrite that may still not be solved in v2011.

Now, in V2011, the split lines have been changed from single line to double line format "in a effort to be consistent with the companion entry format" (I am paraphrasing what I was told.)

Well, this may be well and good, BUT it makes working with the split lines and hence the program far more difficult and reduces efficiency. And the whole idea is to make life MORE efficient, NOT less!

I can deal with the print format problem, as I only print for tax reporting, but I cannot deal with the split format issue, which I use practically every day and with entries having at least 15 splits twice a month. So I returned to V2010 and entry speed immediately re-improved by leaps and bounds.

If you do lots of split transactions, beware of V2011!
[Version 2011]


burypromote
-3

-64
Steve Frawley commented on 17 May 2011
This is a PAID UPDATE! Long-time users need to evaluate before upgrading.
[Version 2011]


burypromote
-1

-1

mtcon reviewed on 17 Apr 2011
Looking for a fairly simple, easy to use replacement for Quicken 2006 without all the extra stuff Quicken comes with that I never use I researched all the available personal finance programs & it looked like Moneydance may be the one. I first tried the trial version & noticed things I didn't like but figured with experience It would be OK so I bought the program. Boy what a mistake that was. After using it for 2 weeks I finally gave up in frustration. Moneydance is a an unacceptable, difficult to use convoluted program. Adding or editing securities requires maneuvering through several different forms. The handling of split transactions is very poor & one has to open the transaction to see the splits. The program doesn't allow adding or editing its default security actions. The final straw was when I entered a stock buy or sell transaction it was duplicated & even worse it entered in the portfolio view the wrong number of securities, e.g. I would enter 100 shares in the transaction & the program would show 100.0135 or some other random number. I also never could get the transfer funds actions or auto deposits functions to consistently work correctly. Guess I should have tried the trial version longer before spending $$. Anyone looking for a personal finance program should avoid Moneydance & look elsewhere.
[Version 2010 Beta]

2 Replies

burypromote

+67
Kitmos replied on 12 May 2011
I've had just the opposite impression of MoneyDance. I tried all of the other Quicken replacement programs and this (although not perfect) came closest and often exceeded Quicken. Support is excellent and often solves problems within 24 hours but, of course, you need to let them know what the problem is. Give it another try and log into the support section for 2011.
burypromote
+1

+43
Odysseus replied on 16 May 2011
Moneydance is OK. Its UI is still too complicated in some respects and is also somewhat un-Mac-like (the latter probably due to the fact that the program is written in Java). The problem is that none of the currently available programs is completely satisfactory, and Moneydance is probably the most mature. If one has patience, I'd bet on SEE Finance or the successor to Quicken Essentials (I know, it's hard to have any kind of faith in Intuit).
burypromote

Celtkin commented on 10 Mar 2011
I once thought that MoneyDance was the best but, now, when I start MoneyDance on a QuadCore Mac, it takes nearly a minute for the application to be available.
[Version 2010 Beta]

2 Replies

burypromote

+67
Kitmos replied on 12 May 2011
I just timed opening it on my 3 year old Dual Core Mac Pro and it opened in 10 seconds.
burypromote

+4
Seanreilly replied on 23 Oct 2011
We've recently discovered and fixed the cause of this bug: the extension for syncing with the iPhone/iPod/iPad touch was waiting on a reverse DNS lookup upon startup. If you are still running Moneydance please update your 'network synchronizer' extension to get your quick startup time back.
burypromote
+1

+7
Jason_mallory commented on 28 Dec 2009
Still not there yet... I am a Quicken for WIndows user that just cannot find a good Mac application that can even come close to matching Quicken. Moneydance 2010 does come close! I have emailed and commented to them many times about adding the ability to also use the software as a document center like Quicken does. They should add the ability to attach images of receipts, warranties, and other documentation to individual transactions within accounts. They should also add this feature to the actual accounts to add images of monthly bank and credit card statements. Quicken has nailed this feature! Companies that make software for the Mac are way behind. This was the first program that had great potential! However, like the other companies, they are not hearing feedback as they develop their software.

It looks like iBank may be the first company to actually do this in a future release. Had Moneydace really took the feedback, they could be the leader in the Mac community. Oh well, somebody will make the right software and truly win in the Mac community. We need a financial application that matches the Windows world "feature for feature" and then something new and exciting that for the 1st time, an application is better than anything out there for Windows and made for the Mac. This will be a great day!!!

In short, Moneydance 2010 is okay. It is not great and could be much better. In my opinion, it is par for the other Mac application when it comes to a financial software package - weak, misses the mark, and very basic.
[Version 2010r2]

6 Replies

burypromote
+4

+177
Tim27 replied on 28 Dec 2009
I can see how the ability to add images of receipts can be valuable, but why would you want to add images of bank and credit card statements when you can simply download them from your financial institution's website? It seems like a waste of time to have to scan in something like that when it's already been digitized for you.
burypromote
-1

+7
Jason_mallory replied on 29 Dec 2009
Tim27:

You make a very good point. While it may appear inconvenient, it is nice to have all statement right there in one program. Also, not all banks and credit card companies allow you go go back as far as a year if you needed those statements. Some do and some don't. Finally, it is also nice to attach loan documents and many other things. I even keep letters from the credit card companies regarding term changes and so on. It is a very useful feature to allow attachments to transactions and individual accounts.

Thanks!
burypromote
+2

+2
Trev2582 replied on 15 Jan 2010
I disagree -- I dont think MD should be a document center... I have folders to store information if I need to. IMO, wouldn't adding receipts, PDF's, images, etc to transactions make the file larger then it needed to be?

I think MD does a good job at keeping track of finances, and helping plan what is coming in and out. Most people consider Quicken to be "bloated' and I think this type of a feature would just add bloat to MD.

I used to use iBank but quit when I realized that the program didn't always keep the running balance correct. I finally heard from support that if I held Control+Right click (or something goofy like that) I could force it to recalc, but again, IMO, I think a program should do the math correctly BEFORE being able to do Coverflow (which is another bizaro topic in finance programs), add documents, etc.

I respect that everyone is going to have their own opinion and wishlist, and MD is not perfect, but it is the closest one I have found that meets my needs. I think Ive tried them all -- (Prospects, Fortora, iBank, Jumsoft Money, Cha-Ching, Quicken 07, Quicken for Mac 2010 beta)... none of them worked the way I wanted except MD. Its not the prettiest program out there, but I havent run into any quirks with miscalcing amounts making things more complicated then they needed to be as some of the other programs do.

Just my thoughts -- I would be fine with this being added, but I would prefer other features over this.
burypromote
+2
The Infinite Kind (developer) replied on 25 Jan 2010
We do plan to add the ability to link and at least partially manage files (either receipt images, statements, or whatever you like) with Moneydance objects such as accounts, transactions, etc. Unfortunately I can't give a date when this might be available, but it is on our short list. I promise that we will not do this in a way that bloats the MD data file. Any linked files will be stored under your Documents folder and referenced from within Moneydance (and optionally copied to your documents folder, if necessary).
burypromote
-1

+397
Dr.-Girlfriend replied on 11 May 2010
@SeanReilly - That sounds great! I'm with Jason Mallory on this one and can't wait to see this important feature implemented.
burypromote

+177
Tim27 replied on 29 Mar 2011
Well, you can try SEE Finance, which has this capability, since MoneyDance has not incorporated it yet.
burypromote

Greg-M had trouble on 02 Jan 2012
I'm trying to find a new money management application. Quicken Essentials is junk, and iBank won't import from Chase Bank or other banks, making it useless. Does Moneydance?
[Version 2011]


burypromote

Dana007 had trouble on 05 Jan 2010
Love your software, but we have recently developed a problem were the software is crashing and requires us to re-instll it. Any known conflicts with Office (usually Word and Excel are also open)? Is there a size limitation that might be causing this problem?
[Version 2010r2]

1 Reply

burypromote
+2
The Infinite Kind (developer) replied on 25 Jan 2010
You should definitely contact support@moneydance.com about this issue. There is no known conflict but we've seen cases in the past where a bad stick of RAM might cause seemingly random crashes when multiple large apps are running (including Moneydance, Office, etc).
burypromote

+2
Zoidberg had trouble on 12 Feb 2008
FWIW, since upgrading to Leopard (and specifically 10.5.2, which is where I'm starting with Leopard), I've encountered several kernel panics when using Moneydance. Have sent them an email about it, but thought I'd mention it here.
[Version 2007r5]




Everett Halvorsen rated on 08 Feb 2012

[Version 2011]




Hnmif rated on 15 Jan 2012

[Version 2011]




alfredsenn rated on 14 Jan 2012

[Version 2011]




Sara Stevens rated on 07 Jan 2012

[Version 2011]




Truenorth222 rated on 02 Jan 2012

[Version 2011]




Jbarrieu rated on 02 Jan 2012

[Version 2011]




Wolfcam rated on 02 Jan 2012

[Version 2011]




ctrauner rated on 02 Aug 2011

[Version 2011]




Kyle rated on 22 Jul 2011

[Version 2011]




danilopopeye rated on 21 Jul 2011

[Version 2011]


Downloads:32,791
Version Downloads:6,914
Type:Home & Personal : Personal Finance
License:Shareware
Date:12 May 2011
Platform:PPC / Intel
Price: $49.99
Overall (Version .x):
Features:
Ease of Use:
Value:
Stability:
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Moneydance is a full-featured personal financial management application that includes features such as online banking, online bill payment, investment management, budget tracking, scheduled transactions, check printing, detailed graphs, reports and much more. Moneydance's easy-to-use interface sets it apart from other financial software.

Online Banking.
Moneydance can automatically download transactions and send payments online from hundreds of financial institutions. Moneydance learns how to automatically categorize and clean up downloaded transactions.

Account Graphing.
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. Pop-up balloons display more information about the data being graphed as you move the mouse pointer over different regions of the screen. Graphs can also be printed or saved to image (GIF) files.

Reminders and Scheduled Transactions.
Transactions and notes can be easily scheduled to remind you when they are coming up or are past due.

Account Register.
This is used to enter, edit, and delete transactions in an account. It is visually similar to a paper checkbook register, except the calculation of balances and sorting of transactions is all done automatically. Entering transactions is easier with the payee auto-complete feature; this reduces the number of keystrokes necessary for entering many similar transactions.
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