Moneydance

This is a fine personal finance app. it has necessary features and is easy enough to use. One time purchase license option and cross platform support is big advantage over other popular apps.

My father wants to have this app. It's like a present from me.

Was a long time user of Microsoft Money but when MS stopped developing / supporting the software I spent a long time researching alternative programmes. Eventually I decided to settle on purchasing MoneyDance. Best decision I have made as MoneyDance has satisfied all my requirements. Easy to use and regularly updated free of charge. Budget options excellent and the programme is very customisable. Only grip is my inability to use the software on my iPad / iPhone with regard to keeping the database synchronised. Otherwise highly recommended.

Somehow my application of Moneydance crashed and when it opened all data was lost. My backup files are gone, so all my data from 2017 to now (July 2020) are gone. I tried to contact support, however they only have an online form and have yet to answer me. Do NOT buy this app, look elsewhere.

Complicated path, but I started with Quicken in the 90's, went to MS Money, back to Quicken, switched to Mac so got MoneyWell, then Banktivity 6, then to YNAB, then to Quicken Mac...and with the missing rollover features, did a desperate install of Quicken Windows via Crossover on Mac. It works, but slow and some of the features crash the software. I've looked at MoneyDance before and was thrown off by the simple interface but with the need for Envelope style budgeting that is native on Mac, I did the Trial...and was very pleased. I also installed the iOS app and connected DropBox...and hated the 3 device free level limit since I share this with my wife for entry. THEN I discovered the DropBox direct connect feature (Well done, MoneyDance!) and that now allows all my laptop and mobile devices to share MoneyDance. I don't use DropBox for anything else, so it's nice to not have another resource hogging app on my laptops just for one app. As far as MoneyDance, it's easy to set up, manual downloading of QFX works for me, and the ability to set my preferences makes MD2019 so easy to use and personalized to me. It works across my Mac, Windows 10, and iOS devices. That's a big score for my family. Thank you InfiniteKind for creating a software that works as promised, making it easy to track finances in multiple entry points, and not charging us every year for "promised fixes" like other softwares. It just works.

I am having so much difficulty with the following things: (1) deleting accounts (I am actually unable to press on the delete button option under the Accounts tab, as that option remains grey and unclickable); and (2) I am unable to print any reports (whenever I press on the print button in order to print a report, the entire program freezes). I am very upset with this software so far. Currently feeling like I threw away $49, honestly.... If anyone can help with these issues I wouldn't greatly appreciate it...

Cons: QIF import is a disaster. Doesn’t give option to saves files in place you want. Investment requires installing plugin and not intuitive. Pros: Nice UI. Has decent side bar list.

I am always cautious about upgrading to a greatly-rewritten program, but I did go from MD2017 to MD2019 and it was smooth. MD runs on both PC’s and Macs and uses the same data structure on each platform, which is why I changed to it in 2008. IMO, if another one has come along, it cannot be superior. Moreover, Support is first-rate, too.

I can’t say enough about Moneydance customer support. My credit card changed banks and nothing went smoothly. The biggest problem was not being able to download transactions to Moneydance. I set up an online chat with Moneydance and had an immediate reply from Jenny. Her detailed email replies worked me through, step by step, what I needed to do. Moneydance is a great program, and their employees are knowledgeable, patient, responsive and caring.

I'm an old Microsoft Money user. Well, you know how long they've been gone.....I moved to MD and have been pleased for many years. I too recently had an issue with syncing after my iPhone had to be reset. Ian quickly resolve my issue and I up and running again. When tax time rolls around all my data is easily found..

I have been happily using Moneydance since 2010. I used Quicken on my PC for ten years prior to that. Quicken for Mac was a nightmare. Moneydance is the only program that can e-pay directly from the ledger on a Mac. Upon getting a new Mac last week I had a problem moving my data to the 2017 version on my new MacBook Pro. Tech support from this company was outstanding. After a few troubleshooting emails that did not help, Jenny, from Tech support inhabited my computer and helped me move my data. This company stands by their product.

Disappointed in the 2017 "upgrade" as many of the issues documented in 2016 were not even fixed. Several big bugs and lack of features were not even addressed. So why switch to 2017 if it's essentially the same as 2016? It sure would be nice if developers fixed the bugs when releasing new versions that registered users have to purchase to upgrade. That might make it worthwhile. Who needs new features when the existing features don't work properly!

I'm giving it 3 stars because the interface is weird and it seems not so intuitive. Will continue to test it but so far I am just thinking of it as a $US25 evaluation copy. I also evaluated SEE Finance $US39, and personally, it's more normal to use, as is Banktivity. Have read reviews on Quicken for Mac 2017 and will buy a copy ($US45 Amz.) to play with. I don't mind spending a few hundred bucks on finding the right fit for me, because I know it can save me thousands over the year.

Very good online banking and personal finance app. Been using it since a purchase here in 2011.

I have used Moneydance for several years now and frankly it seems to have been better in previous years than it is now. Here are my issue with the 2017 version, the latest released version at the time of writing this comment:

- No method of archiving and starting a new year. A users entire history is opened up each time the product is used, exposing its entire history to corruption. This also over time can significantly reduce the performance of the program.

- Random file corruption in large user files. Data occasionally exhibits random changes in large files that are several years old. It can take many hours to locate and correct the issue, especially when it affect account balances. However it is not as bad as Quicken 2007 historically was when I used it.. Much of this could be resolved by implementing archiving so that a user could work with smaller files and previous data would not be involved as much.

- Major, fee based, releases tend to be released, in my opinion, without adequate quality control. This results in buggy products on release which can create issues and frustration. Users then effectively become beta testers.

- The GUI is very inconsistent at times. A button that is present in a location in one type of account may be located in a different place in another type of account. This can create confusion.

- Memories of categories, description, and tags cannot be edited or deleted. If a user makes a mistake and enters the wrong info into one of these fields, it can stay memorized in the file forever. The only way to get rid of it is to start over with a new file.

- Security transactions are very convoluted.
- Credit card balances alway display as negative. This while technically correct can be confusing when reconciling an account.

- Built in bill pay is very slow and their error message are often cryptic.

- It is very difficult to create an adjustment when balances are off, even by a slight amount, with creating special categories and techniques to account for these adjustments as every penny has to be assigned a category to track it. This is good accounting in theory but in real life things happen that conflict with this theory and with Moneydance, there is no allowance for that. You might need this kind of detail for a business but not for home finance.

- The investment action for Interest in investment transactions can only be as Miscellaneous Income. The action for interest cannot be added or change and the program has no specific action for investment interest.

Editing Securities and values can be a very complex operation which requires multiple windows and is not very intuitive.

- There is no built-in ability to print or export Schedule A or Schedule B reports for submitting with your income taxes. Existing reports have to be customized and edited to accomplish this in order to get an approximation of what is needed.

- Creating next years budget from a previous year can be a complex process with a great deal of steps in order to create an accurate and useful tool.


- Some of the useful tools are only supported via 3rd party extensions, some of which are fee based and not always kept up-to-date along with limited documentation.

Support for the product is limited to e-mail or community forums. There is no chat line or phone support, even for bug workarounds, time critical situations, or database corruption, not even on a paid basis and there are no current plans I know of to implement this.

- Automatic backup to off-site services, such as cloud servers, while possible, is not supported. Like the issue above this is particularly worrisome give the entire data file is exposed every time the program is used.

- I have been informed by Tech Support that the deletion of information from an existing file will actually increase the file size due to the way deletions are logged and handled. This issue precludes the idea of copying a file to archive the data and then deleting existing information in the copy to start a new year, with the intent of reducing the file size.

Banktivity used to be know as iBank and seems to be having increased development lately. At one time Moneydance was a more complete product. Now I am not so sure. I have never used Bankivity but will consider it in my evaluations, along with Quicken, which is under new management, for a Moneydance replacement unless Infinite Kind shortly releases an update that corrects some of these issues.

Moneydance, if it were not for these issues, would be my hands down choice as the premier personal finance solution for the Mac. Unfortunately, right now, this is not the case.

Moneydance is very great and complete program. I try during 1 month ALL competitors, and I tell you is the most professional on the market

AWESOME PROGRAM! I used to be a windows user for 30 years, I used Quicken and MS Money for those 30 years. When I switched to MAC< I bought Quicken for Mac 2015. It was a terrible program. The program would constantly import transactions randomly from all over the date range, which caused me to have to hunt the problems down. Quicken 2016 was worse. So I purchased MoneyDance. What a great program! The App even works which allows me to input Data when I am traveling. Quicken's app NEVER worked properly. The Customer service is fast via email. I am thrilled! I do not know what folks with bad reviews are doing with the program, but for me I could not be more pleased!

I been using money dance for more that 2 years now. I use it for small business and it is perfect for me. Multiple currencies, detailed reports and excel export - all what I need with very user-friendly interface. Why MD instead of other soft? - Cuz it is light in all meanings. Even when I had my HDD die (OSX), I so easily got my DB from it in one single file. No back ups or anything was done, jus 1 file. It was so crucial. The easiness and simplicity of creating categories with currencies and accounts really matters. But you notice that MoneyDance is best soft only after you use it a while. I can say I can rely on it and know that all data are stored securely!

I've tried about every personal finance package out there, and keep coming back to Moneydance which I've used for nearly a decade. Great balance between features and ease of use, and it handles multiple currencies very well. One thing sorely needed: A way to create and easily find a backup of your data. Then it'd get five stars from me.

Great software, phenomenal support - great and constantly on top of things. Better than Quicken, for sure.