I have weekly repeating for a grocery bill, monthly repeating for most other bills, every three months for quarterly cash-flows, every four months for school fees, every six months for property management fee, annually for car insurance, etc. The schedule can be anything you like, from a one-off transaction on a given date to any kind of repeating schedule. To explain for anyone else who may be curious, the "Foresight Forecast" tool in Moneydance makes use of "Transaction Reminders" to project future cash flows.Ī transaction reminder specifies transaction details (account, category, amount etc.) for cashflows along with a start-date and a subsequent schedule. Account info isn't important, but I took this as a sign that things were going to continue to go downhill. Last week I found that the account details dialog now no longer works, after editing details you can't save them. Under Windows 8 screen repainting sometime doesn't work properly. Windows 7 was the last version to run it perfectly. The trigger for looking at alternatives again now was increasing problems running Quicken 2000 under Windows. 2000 wasn't the last UK version of Quicken, but at the time I didn't upgrade as there were reports that newer versions were buggier/worse than the versions they replaced.Ģ. The reason I was using Quicken 2000 is that Intuit abandoned non-US markets more than a decade ago. I just saved a report containing the relevant data to create a comma-separated file.ġ. I found getting data out, to Excel, for some custom analysis, easy as well. recategorising transactions, is another thing that made it superior to my version of Quicken.) The previously mentioned abilities to look at data by category rather than account, and leave old windows open while looking at the same transaction from a different perspective in a newly opened one, were both crucial in tracking down and correcting past anomalies in my data. What I really like is the power of the user interface, this inspired me to fill in gaps and tidy up lots of things, even making mass changes to data from the late nineties. In general these update features are nice to have, but they are not essential. I find that I can retrieve stock prices (from Yahoo finance) automatically, something I haven't been able to do in Quicken for over a decade. (Which only takes a few minutes a month anyway.) However the ability to import downloaded transaction data with Moneydance worked so well that I will probably take that route for my bank and credit card accounts in future. I'm in the UK and never had direct access to online accounts from Quicken, I've always entered data manually. (I don't think I regularly looked at anything other than a net worth graph in Quicken, in Moneydance I now have about eight graphs I will use.) Once I got into its graphs, I realised that actually it did have a lot of colour, and more useful reporting than Quicken. I liked that you can browse transactions by category regardless of account, in that respect it was superior to my version of Quicken. While using it I frequently found that I'd end up with as many as ten full screen windows open (on a 22" monitor in portrait mode) looking at my data from different angles. I liked the fact that every time you do anything you can open a new independent full screen window to do it in. Initially its plainer simpler appearance made me think it was going to turn out to be a lesser product, but as I got into it I realised that it had essentially identical functionality, but its implementation was more powerful. I had 19 years of personal data and 25 years of business data combined in one Quicken file, all of which I imported. Last weekend I converted from Quicken 2000 to Moneydance. This seems to be the most recent Moneydance thread, so I'll add my contribution here. Your account info is downloaded from each of your accounts' online portals. Your data file is maintained on your hard drive. I would ask this question on the Moneydance forum.ģ) does the application save my financial data online? (this may be a stupid question, but I'm not very familiar with the difference between software, applications and online programs). Yes - I think the software does this well.Ģ) will the application track a Thrift Savings Plan (federal employee retirement plan) investments? Or does it break things down at a more superficial level (i.e. large cap value, large cap core, small cap value, international value, real estate etc. Having said all that I'll give you my opinion.ġ.) 1) will it break my mutual fund investments down into % U.S. Here's a link to their online forums - people there will be more knowledgeable about the program's features than folks here. I switched from Quicken and have not looked back. I use MoneyDance with a Mac and I really like it.
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