![]() If your bank is not listed here, click the "New Connection" button In the menu bar open the Online menu, then select "Set Up Online Banking". Select your bank from the list typing your bank's name in the box at the top of the window to search for your bank. Now your bank's name should be listed in the Financial Institution field. You'll see the Moneydance account you're setting up this connection with, now click Next. Now enter your username and password, then click OK. Select the accounts at your bank that correspond with the account in Moneydance. If you have several accounts at this bank this step is especially important. When you're setting up your own connection, there will be account numbers listed in the "Account" field. If you run into any trouble with this process, send us a message by clicking the "Ask Us" tab.The days of manually balancing a checkbook are slowly fading away. Today, it's all about automation, which can be good news for those who look at a check register as if it's in a foreign language. Moneydance is one of the many budgeting tools out there that not only balance your checkbook, but help you effortlessly track your spending and income. With Moneydance, you can track your bank accounts, credit cards, loans, and even your investments.Īt first glance, Moneydance looks like a big checkbook. With a little prodding, though, you'll see that the program is as automated as you will let it be. You can link your bank account and let the transactions download automatically, or you can enter them manually. ![]() You can even access your bank information on your mobile device while on the go. It offers the features many consumers look for, including online banking, online bill payment, budgeting, and tracking investments.ĭoes it deliver what it promises? We help you determine this answer below. ![]() You can download Moneydance right to your computer and begin setting up your accounts immediately. Once you set your budget, Moneydance shows you where you stand with color-coded graphs.īudgeting: If you have a hard time staying within your designed budget, Moneydance may help.Moneydance offers the following features: You can choose to enter your categories manually or import your old informant on a QIF file (Quicken file). If you haven't spent anything yet, the graph remains green. As you near your allotted budget, it turns yellow to encourage you to proceed with caution. Online bill pay: You can set up your bills for automatic payment through Moneydance.If you happen to go over your budget, the graph turns red, giving you a quick visual of where you stand. Customized reports: You can create reports that detail every aspect of your financial life.Get alerts: Do you pay bills late and then grumble as you pay the late fee? Moneydance allows you to set up alerts to help you put an end to those late payments.With this feature, you can view your upcoming bills on the calendar on your home page. You can also create reports exclusive to certain expense categories so you can see where your cash goes. Account registers: You can enter, edit, and delete line items on your account register.You can also print or save the graphs if you wish. Many users find it user-friendly, since it looks just like a checkbook register. Investments: You can track your investments in CDs and mutual funds as well as investments in the market, including stocks and bonds.The nice thing, though, is that you don't have to do the math-it calculates everything for you automatically. You can see an overview of your financial worth as well as individual looks at each account to see how they perform. It costs $49.99 to purchase the Moneydance program, and you can use this program for as long as you want. There are no subscription fees and your service doesn't stop at the end of 12 months. If you choose to use the older version in the future, that's your choice. Sometimes Moneydance does offer promotions for the latest update. Sometimes they offer the upgrade for free for current customers.
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