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Quicken For Mac Vs Moneydance10/22/2021
After clicking on the Budget tab, spending categories populate, including those categories that already have balances so you can see what you've already spent for that category. Moneydance review: Creating a budgetCreating, editing and managing your budget is straightforward. The only slight inconvenience is that you'll need a Dropbox account to sync your desktop program to your mobile device. Mac’s Rants & Raves Episode 98 I love managing my finances on my Mac, but I have never liked depending upon Intuit or its Quicken for Mac products.Mobile apps provide access to your Moneydance account when you're on the go, allowing you to manually add transactions, check balances or adjust your budget as needed.There are choices for simple data reports, including a budget report, cash flow and income versus expenses. Moneydance review: ReportingMoneydance offers some of the best reporting options of all the services we reviewed. If you wish to have the unspent amount from the previous month roll over to the next, you can choose that option as well. And you can individually edit and adjust any category budget you copy over as needed.The security details also allow you to keep track of stocks. Should Moneydance not offer a report that you need, experienced programmers can use its scripting support service to help hand write a script in Python that will allow you to analyze your own data and create a custom report based on your needs.(Image credit: Moneydance) Moneydance review: Investment trackingAs already mentioned, Moneydance allows the tracking of investments and monitoring of portfolios once you've synced to your brokerage account, and transferred the necessary balances and trades.The portfolio overview displays the value of your portfolio, the percent change and cost basis, while the register tracks your trades, including the security, date, stock price, fees and balance. That said, the exporting options are fewer than are available at most other services, and you cannot export reports to a tax program. Graphs can be saved as a PNG, and data reports can be saved as an HTML or CSV, which can then be used in other programs, such as Excel. You can also choose custom dates for any period of time.If you wish to save any report you run, you can print a hard copy or save a digital version. You can adjust the date range, selecting from a number of predetermined options, including year or month-to-date and quarters.Creating and managing your budget is a breeze, and the reporting options are excellent too, particularly if you're skilled enough to program your own tailored reports. By connecting to checking, credit card, investment and loan accounts, Moneydance allows you to stay on top of all your balances and transactions as they occur, and even when you're out and about, with its mobile app. Should you use Moneydance?Moneydance delivers top-of-the-line software, offering most of the more advanced money management features that anyone is likely to want.
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