We've also improved our undo support, allowing you to effortlessly revert any unwanted changes. Automatically adjust your balance to match your statement or your most recent download with just a few clicks. With our new balance adjustment feature, you can easily get your accounts in sync with a bank statement or downloaded transactions. Fixes bug with Check Printing names appearing as question marks Over the past year I have become more and more frustrated with Quicken.- Fixes Dropbox Connection syncing bug in Moneydance 2023 (Dropbox Folder and other methods were fine) With Intuit's sale of Quicken to HIG Capital, it seems more bugs are cropping up in Quicken 2016 and less responsive tech support is available. Who knows, maybe HIG will work these issues out and release Quicken 2017 as a better and more stable product. In the meanwhile, I have been investigating using another product. Specifically I have taken a cursory look at Moneydance, You Need A Budget (YNAB) and GnuCash. My main use of Quicken is as a register to track my savings, checking, CD, brokerage and IRA accounts. I like to connect to my accounts once a week and download any new transactions and balances and print out a report showing all my account balances. I also track the value of my other assets such as property and print out a net worth report. I do not plan to import my historic Quicken data into a new program but will start fresh. However, I will keep Quicken installed on my computer so I can go back and look up transactions if needed. It connects directly to some of my financial institutions such as Fidelity, Vanguard, Capital One 360 and Atlanta Postal CU, but not to Navy Federal CU, Emigrant Direct or Ally Bank. It looks like I can download a QFX file from the web site of those institutions and import into Moneydance. This program looks like it might allow me to function about the same as I did in Quicken. Previously YNAB did not have direct bank connections but this has changed with the new version. You do have to specify a budgeting account for each downloaded transaction. However, I have not been able to locate a list of financial institutions that supports direct connection, but it does look like it will import QFX files. This program looks like it would force me to be more budget conscious while allowing me the basic functions I used in Quicken. It looks like direct connection is supported for Capital One 360, Fidelity and Vanguard. Of the three programs, GnuCash looks to be the least user friendly and to have the steepest learning curve. I can probably track the same things with this program as I did with Quicken, but the program may be more difficult to use. I would really like to hear from anyone using these programs or any others that might perform well for my situation as a substitute for Quicken. I switched to MD from Quicken long long ago and never looked back. I love that it's truly cross-platform (I've used it seamlessly in Windows, Mac OS, and Linux). At one time when I was OS hopping, I even had it set up to run in any OS from a thumb drive. I switched before the online direct connect thingie was really being used so I never even tried that aspect of it (nor did I do that in Quicken) so that was/is not a factor to me. I've tried GnuCash a couple times and have found it to be somewhat simplistic - at least with respect to the checkbook style interface. O - and back when I made the switch, I tried to transfer my Quicken files over and it only sort-of worked. I'm sure it's improved since then, but for me, a clean break was easier. I ran both Quicken and MD side-by-side for a month or two (duplicating all entries - so it was a chore). #Moneydance vs ynab 2016 install#īut that gave me time to understand MD and make sure I knew it well before completely abandoning Quicken.įWIW, I also kept my old Quicken files, my Quicken 95 install discs, and a Win XP disc. Now, if I ever need to access those old files, I can create a virtual machine and just load up everything. I like and use GNUCash, but it's certainly not the most attractive program at first glance. I started tracking my finances digitally a couple of years ago. I tried out an older non-web version of YNAB for the free 30 day trial, and I thought it was a pretty fantastic program for budgeting. And it was so easy to use! They'd designed that into the product. It really seemed designed for pulling people out of a paycheck-to-paycheck mentality, though, and thankfully that wasn't a problem I had. In the middle of the free trial, I also installed GNUCash and started using the two programs in parallel. GNUCash's budgeting systems are not impressive. That said, I really fell in love with the double-entry bookkeeping aspect of the program.
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