I thus decided to start from scratch, but skip the “Import Account Info Only” step. I ended up with bizarre (and hugely negative) balance in our bank accounts, etc. The accounts got set up properly, but when I imported my transaction data, it was a mess. The trouble with this approach is that it didn’t work very well for me. Once you’ve verified the accounts, uncheck that box and repeat the process to import your data. When it comes up, choose “Import File.” Next, be sure that the “From Another Program” button is selected – if you don’t, your categories will get screwed up.įrom there, the official guidance from the Moneydance creators is to check the “Import Account Info Only” box and run the import to create the account so you can verify that they’re right. The next step is to install and launch Moneydance. If you need details on exporting to QIF, check out my previous post. In fact, I used the exact same QIF export file for Moneydance that I used for iBank. The process here is identical to what I went through for iBank. Thus, I took the plunge… Getting your data out of Quicken However, I had read enough reviews that I was convinced that Moneydance was the next best option on my list. A limit of 100 transactions really isn’t enough to thoroughly test out the software, and I thought twice about even giving it a shot. Given that Moneydance costs $50 (though you can easily get a $10 discount more below) I wasn’t too crazy about this highly restrictive trial. Unlike iBank, which has a 30 day free trial, Moneydance has a free trial that is limited to 100 manually-entered transactions.

So… I next turned my attention to Moneydance from The Infinite Kind and crossed my fingers that I wouldn’t need to go further down my list of Quicken alternatives. I’m a bit of a power user when it comes to tracking investments, and the reporting features (and lack of a true portfolio view) were deal killers for me. In short, iBank is a solid option, but it’s not right for me. On Monday I talked about my experiences moving from Quicken to iBank.

Where to buy moneydance software