![]() Then again, the software is priced accordingly: don't expect to get four times what you paid for, and you'll be fine. But if you are a power user who demands the ability to construct finely tuned custom reports, you will likely find yourself frustrated. And as for the reporting features: again, these will be perfectly adequate for most people. The same is true for folks whose personal finances include a wide range of income streams and business investments. Sole proprietors may very well find it adequate, but if you have employees or a dynamic, growing business then you will most likely find MoneyDance to be too limiting. It's important to keep in mind that this software is targeted towards the typical individual's personal financial management needs. And unlike some personal financial software, MoneyDance does not try to be overly helpful by automatically deciding how every transaction should be handled. Moneydance is a personal finance app that features strong support for transactions and bill pay, multiple currencies, account management, and investment tracking. Most users will find the basic reporting tools to be adequate. (To add insult to injury, I never did receive any meaningful response from Intuit support.) Online banking integration works exactly the way that it should, and newly downloaded transactions are tagged for review at your leisure. Whereas my Quicken experience was plagued with repeated occurrences of bizarre software behavior. ![]() Additionally, I have never had to contact MoneyDance customer support for any reason. This means that you don't have to put up with resource-devouring processes running in the background or nagging demands to upgrade/renew your license. It uses double-entry accounting, ideal for businesses and accounting nerds, like me. Aside from competently designed and highly usable, MoneyDance has the advantage of not being made by Intuit. For those who tracked business income and expenses with Quicken and a reluctant to move up to Quickbooks, GnuCash may be the answer.
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