Accounts and Categories

Types of Accounts
Moneydance supports a variety of account types. You'll find a list of the account types below, with a brief description of each. Aside from Investment...
Mon, 10 May, 2021 at 12:29 PM
Create, Edit or Delete Accounts
Create an Account - To create an account, open Moneydance and select Account > New Account. You will then be prompted to select which type of acco...
Tue, 11 May, 2021 at 9:14 AM
Initial Balance
You can set the "Initial Balance" (sometimes referred to as a starting or an opening balance) when creating an account. The Initial Balance can al...
Tue, 11 May, 2021 at 9:23 AM
Closing and Hiding Accounts
Closing an Account - If you have closed an account or you have an account you no longer use - you can mark it as “Inactive”. This will prevent it from bei...
Tue, 11 May, 2021 at 9:35 AM
Credit Card Accounts
Credit Card accounts are used to keep track of your current balance on a single credit card. The balance on a credit card represents your current debt on t...
Tue, 11 May, 2021 at 10:03 AM
Create, Edit or Delete Categories
Income categories track where your money is coming from. Expense categories track where your money is going. To access your categories, you can navigate ...
Tue, 11 May, 2021 at 10:48 AM
VAT/GST and Tax Related Categories
Enable VAT/GST - To use the VAT/GST features within Moneydance, you need to enable this within your preferences. To do this, open Moneydance and choose F...
Tue, 11 May, 2021 at 11:35 AM