Moneydance is a complete personal financial management application that protects your privacy while not skimping on features. It supports online banking and bill payment, investment management, budget tracking, scheduled transactions, check printing, detailed graphs and reports, and much more.
Most financial software provides the "service" of uploading your online banking login information to their (or worse, a third party's) cloud service. These services keep your login information and access your financial transactions. Moneydance uses strong end-to-end encryption, meaning the only people who can see your data are yourself and your bank.
∞ SUMMARY SCREEN
The summary screen is an overview of your entire financial picture. Account balances, a calendar of scheduled transactions and reminders, investment account status, exchange rates, and stock quotes, all at a glance.
∞ ONLINE BANKING
Moneydance can download transactions and send payments through hundreds of financial institutions. It learns how to categorize and clean up downloaded transactions. Send online payments, for banks that support them, directly from scheduled transaction notifications. See https://infinitekind.com/fi for the full list of supported banks. Please note that some banks charge a monthly fee for their services.
Moneydance 2019 introduces an embedded browser so that you can download transactions from any bank with a web site from within the app. Any downloaded data is imported and cleaned up automatically. No need to jump out to a browser, download files, and then manually load them.
∞ ACCOUNT REGISTERS
The account register is used to add, edit, and delete transactions in an account. Balance calculations and transaction sorting are done automatically. Payee auto-completion makes it ridiculously easy to enter and categorize your transactions, while the quick-search field helps find those needles in the haystack.
Follow your investments and bring your portfolio into focus with support for stocks, bonds, CDs, mutual funds, and more. View the total value of your investment accounts or the performance of individual stocks and mutual funds over time. Stock splits and cost basis computations are a snap, and current prices are automatically.
Easily schedule future or recurring transactions so you'll never miss a payment.
Generate visual reports of your income, expenses, budgets, and investments. Flexible parameters let you customize your reports by period, tags, categories, accounts, and more. Mouse over regions of graphs or double-click on report cells to reveal details. Easily save graphs and reports to images or html files, or memorize their settings for quick access.
Set spending and income targets for categories per month, week or any other interval. View your up-to-the-minute budget status right in the toolbar, on the summary screen or in graphs and reports. Use the highly acclaimed "envelope method" to specify expenses for each period and your status is shown with over-budget items highlighted.
Enable syncing to share your data across computers or mobile devices. Keep up-to-date with partners or accountants over end-to-end encrypted channels for the ultimate security.
∞ NATURAL LANGUAGE TRANSACTION ENTRY
Type a transaction description into the search field to have Moneydance cleverly fill in the details. For example, typing "1.23 sta" will suggest a transaction at Starbucks with the "Coffee" category and the last account you used at Starbucks.
Attach images, PDFs, and other files to transactions by dragging them into the register. Attachments are stored fully encrypted, but clicking its icon will decrypt and open it appropriate application.
Use the (free) Moneydance mobile app while on the go to record or edit transactions and view balances. Changes are synced instantly and securely with end-to-end encryption across all of your devices.
- Importing CSV and other delimited files now doesn't automatically merge transactions that seem like duplicates, but provides an option defaulting to the value of the auto-merge setting in preferences
- Improved visibility of the selected date period in the budget manager when using the solarized dark theme
- Fixes to importing specific QIF import files which specify an account header for a single account
- Minor tweak to downloaded transaction sidebar headers
- Added option to show either the Welcome Window or the most recently opened file on startup
- Fixed bug in OFX parsing which caused some western characters to be incorrectly decoded from non-UTF8 files
- Fixed bug in the Welcome to Moneydance window which would sometimes cause the window to be unresponsive
- Changed pie graph label lines to observe the current theme, meaning that they are now visible in dark mode
- Override downloaded credit card transactions with a transaction type of 'payment' and negative amount to have a positive amount
- Show the abbreviated list of available currencies in the currency override popup of the QIF import settings
- Simplify code that specifies whether fileUIDs are used in OFX messages (no functional effect)
- Added ability to log all outgoing http/https requests from embedded browser
- Added a setting to ignore the OFX/QFX TRNTYPE in downloaded bank transaction amounts and rely solely on the sign of the amount
- Pie chart lines in portfolio asset allocation graph are now based on the colour scheme
- Allow for slightly different dates when eliminating duplicate transfers in QIF imports
- Tidy up buy/sell markers in security detail graph
- No longer show security accounts in the QIF import settings as they just add clutter with no functional benefit
- No longer add caret prefix to stock ticker symbols imported from QIF files
- QIF importer now uses 50 (instead of 70) as the year cutoff to determine whether the century part of the year is 19 or 20
Ratings and Reviews
Great Financial Management App
Overall this app is outstanding, but I give 4 stars, not 5, because I think there is still much room for improvement. I love how customizable it is but I wish it would more seamlessly download online account data. It does well enough to make it quite useful, but I was hoping for something as polished as the free Personal Capital app, which is outstanding in its own right but Moneydance still outperforms Personal Capital by enabling unlimited categories, envelope budgeting, etc. I am just mildly annoyed that I need to manually update my TSP account and the Zillow market value for my home and my credit card transactions are not automatically downloaded. I also wish the mobile companion app had more features, but it functions pretty well enabling categorization of recent transactions on the move. Bottom line is Moneydance is my preferred financial management program, but a Moneydance and Personal Capital marriage would produce the perfect financial management offspring that would far outshine them both.
Works for me
I had been using Quicken but was frustrated when it worked so poorly on Mac. So I switched to Moneydance. It does everything I need - which is to track income and expenditures. Creating all the categories is time consuming. Sometimes less intutive than I would like, but it works great. And there is tech support, even long after I purchased it. I do not use it to track investments - that’s too complicated for me. But it keeps banking and as many credit cards as you want. It lists assets and liabilities (inc. mortgage). And the tools for income and expenses are helpful at tax time. I finally had to ask for tech support to be able to increase the font size for viewing each register. Hint - it’s in Preferences! - I never would have found it. I like it and will continue using it. I recommend it.
Tried to move over from Jumsoft Money, whose version 5 is not for me. I’ve got multiple bank and credit card accounts with large archival CSV files ready to go. But Moneydance has mystifying issues with CSV import of transaction categories. Not every financial institution uses QIF, and moving from other programs like Jumsoft Money often requires CSV. Despite my every effort, the Category field on my large CSV files is ignored and a default category is swapped in. Their online help forums keep mentioning installing extensions from third parties and so forth to improve this issue, but the Mac App Store version doesn’t have freewheeling Extension installation capabilities. This is dumb. The Category field should simply populate the working category list in the program, and show the field correctly filled-in for imported transactions. End of story. Simple stuff. No hacks or gymnastics. I welcome feedback from the developer, because I’m exhausted reading forum help posts from their users. That isn’t “help”, though it’s the only Help link accessible from the software. Just fix it.
Developer Response ,
Hi there, when importing data from other applications QIF is by far the best option. Jumsoft Money 4.7, and all finance apps that I know of, export to QIF. I recommend exporting from Money into a QIF file, then import that into Moneydance. Please make sure to select the "From Another Application" option when importing, otherwise Moneydance handles de-duplication and categorization very differently.
If you have any more trouble, please do visit our support site https://infinitekind.com/help and submit a private message, or simply email firstname.lastname@example.org. The forums can be helpful to some people, but we're also happy to answer questions and provide support directly.
As for the extensions, the Mac App Store rules prohibit us from providing a menu entry for the built-in extension manager in the app store version.
With Family Sharing set up, up to six family members can use this app.