Here you can easily access the accounts (Moneydance allows you to create bank, credit card, investment, asset, liability and loan accounts) and categories managers, change the base currency or adjust the exchange rate, customize the graphs, create budgets or set up reminders.įor your convenience, the Moneydance Home panel displays the current balance for all your accounts, your net worth, the latest exchange rates, a calendar, a list of reminders for your overdue and upcoming items and your expenses for the current month. Of course, all these elements can be personalized fairly easy by navigating to the Tools menu. The best part is that Moneydance also includes a Graphs and Reports area that can help you analyze your spending patters by automatically generating various types of charts: account balance, asset allocation, currency history, expenses, income, income and expenses, net worth and much more. The application provides support both for deposit and payment transactions and comes with a wide collection of income and expenses categories. To help you get started, when opting for a standard account, Moneydance will generate checking and a savings bank accounts where you can record all your transactions. Depending on your decisions, Moneydance displays different elements in its main window. When you first launch the Moneydance app you must specify if you want to import data from another app or create a new document and the account type. Moneydance is a personal finances management application that provides a plethora of useful tools that will help you make educated decisions regarding your money. Keeping track of one’s personal finances is not particularly easy, especially if you are using multiple checking and savings accounts, venture into different investments and you also need to function on a budget.
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