See follow-up posts Replacing Microsoft Money. Replacing Microsoft Money, Part 1: Requirements. Best Replacement For Microsoft Money On Mac.After evaluating the alternatives, I discovered a way to automatically download the transactions and price quotes and feed them to Money after Microsoft pulls the plug. Mint.com is a popular choice. There are are number of free web sites that aggregate your transactions online.It may also be the best piece of software on this list. Mac Only iBank At 59.95, it is the most expensive software on this list. Explore the replacement here and find which product fits you the best.YNAB is currently only available for Windows but they are working on a Mac version that is due out in a few months. Get reviews, features, medias , pros and cons of Microsoft Money.Cross Platforms availability insights and many more things.As far as I can tell, the application is primarily developed by one developer Sean Reilly. It’s made by a small company called The Infinite Kind. Unlike GnuCash, MoneyDance is not free.
The default setup gives you a checking account, a savings account, and a number of income and expense categories. The home page looks nice and clean. I tested Moneydance 2008r4 on Windows.Moneydance starts up quickly. There is a trial version that limits to 100 transactions. Download buku metode penelitian pendidikanFor example, you can create a sub-account in Savings for the next car and create another sub-account in Savings for the next vacation.Entering transactions is somewhat non-intuitive. You can still nest accounts within another account. There are Accounts, Categories, and Securities. The terminologies are familiar. Each entry in the bank account register uses two lines by default. The “Description” field is used for payees. There is not a concept for a payee. Non laggy n64 emulator for macI expected them to be on the same line. The price per share is entered below the number of shares. You can choose to see only one line (see comment from Joe).I was quite confused when I was trying to enter a stock purchase. You can select one account or all accounts, but not some-but-not-all accounts. They can post automatically to the register monthly.There are some reports in Moneydance but the reports are not very customizable. Loan payments can be automatically calculated to split between principal and interest. There is no way to view only one line.Figure 4: Lot matching when selling a stockOnce I get over the register entries though, Moneydance works just fine. The transfer transactions in Money will likely create duplicates. Importing QIF files still requires exporting from Money one account at a time. That’s very impressive.Unfortunately the answers from the Moneydance support staff were not what I was hoping for, although it’s not necessarily Moneydance’s fault. When I posted a question about the instructions on their support forum, I got an answer in 15 minutes. Moneydance provides step-by-step instructions for importing from Microsoft Money. Say No To Management FeesIf you are paying an advisor a percentage of your assets, you are paying 5-10x too much. The prospect of taking off the straitjacket for downloading transactions and quotes is really enticing.If I end up using Moneydance, I will just start fresh and not bother with importing. I’m not used to its user interface in some areas, but I’m sure I can get over them. From reading that Macworld review, I see it has improved over these years to a point where it’s quite usable today. If Microsoft simply gifted the product to the lead developer in the Money team now, I’m sure the product will have a much better chance to live on.Just from Googling, I see that Moneydance has existed since at least 2001. A company as large as Microsoft abandoned the Money product after more than 15 years. That same $500k revenue would be peanuts to a large corporation. Best Microsoft Money Replacement Upgrade To TheI found MoneyDance to be a GREAT replacement for Quicken. I switched to Linux after windows and even ran Quicken99 under WINE for a while, but I wanted something native. I had been using Quicken 99 for YEARS (so upgrades are not THAT important to me if the basic program does want I want it to do, But MoneyDance will let you upgrade to the latest for 4 or 5 years without additional charges). Try the demo for yourself for free !I used GnuCash for several years and Quicken 2009 since it’s release. I still switch the data files to my linux netbook when traveling to keep everything up to date, then back to the mac when I get home. A quick download from MoneyDance website (the Mac version) and copy my ONE data file (not like Quicken’s 6 files), i was up and running in minutes, with all my colors, presets, and everything just where I left it. When my Linux box broke down and I had to buy hardware, I refused to buy a Windows machine and went Mac. Quicken interface is messy. Another reason – interface. The main reason – I need an application that would run on both Linux and Windows. Now, I’m looking forward to switch to Moneydance. This is the main reason I switched to Quicken. In GnuCash, I was never able to set up automatic downloads from my bank accounts. I was looking for a software that would report just the net for 7 years.For those concerned about data transfers. Both Quicken and GnuCash would report $50 expense and $30 income from “Home improvement” which does not make any sense. Similarly, if I buy stuff at Home Depot for $50 and return $30 of merchandise that did not work for me, Moneydance would report a cash flow of $20 to “Home improvement” category. Both Quicken and GnuCash would report cash flow of $300 out and $100 in. When I transfer $300 to savings and then move $100 back into checking, Moneydance shows a cash flow of $200 into savings. Moneydance runs on Linux and has clean interface.One small feature I love in Moneydance. So far, I like Moneydance.
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