![]() This could be used to track other liabilities you would like included in your net worth. Modified on: Thu, 20 May, 2021 at 11:15 AM Moneydance 2017+ allows you to sync your files seamlessly and efficiently across computers and mobile devices using our fully encrypted incremental syncing engine. Liability Accounts are another “catchall”. This might include your stamp collection or an interest-free loan from a friend. They can be used to track the value of a home, to keep a household inventory for insurance purposes, or track any other items you would like included in your net worth. ![]() When you open a loan account in Moneydance you can choose to add the principal of your new loan to the balance of another account.Īsset Accounts are a “catchall” account. Loan Accounts track a loan with regularly scheduled payments, a known interest rate, and a fixed starting debt. It supports online banking and bill payment, investment management, budget tracking, scheduled transactions, check printing, detailed graphs and reports, and much more. The account's cash balance can be used to purchase shares, and receives the proceeds from the sale of securities. Moneydance is a complete personal financial management application that protects your privacy while not skimping on features. Investment Accounts hold securities ‒– stocks, bonds, mutual funds, etc. Moneydance will not calculate interest due on credit cards, but if you download your card's transaction data from your bank, interest adjustments will be taken care of automatically. The balance of your credit card account represents your current debt on the card. ![]() Please refer to the more recent knowledge base articles on this pageīank Accounts represent accounts like checking and savings.Ĭredit Card Accounts keep track of your current balance on a single credit card.
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