tag:infinitekind.tenderapp.com,2009-01-14:/discussions/switching-from-another-personal-finance-program/1264-switching-from-ms-moneyInfinite Kind: Discussion 2016-04-22T20:00:29Ztag:infinitekind.tenderapp.com,2009-01-14:Comment/389846032016-01-22T15:38:35Z2016-01-22T15:38:35Zswitching from MS Money <div><p>Hi Jon,</p>
<p>First off, allow me to make a suggestion and download the free
trial version of Moneydance to see if it will suit your needs. You
can do so here:<br>
<a href="http://infinitekind.com/download-moneydance-personal-finance-software">
http://infinitekind.com/download-moneydance-personal-finance-software</a></p>
<p>Unfortunately, Microsoft does not make it very easy to export
your data from MS Money. There are detailed step-by-step
instructions for doing so and for importing the data into
Moneydance here:<br>
<a href="http://help.infinitekind.com/kb/importing-data-from-banks-and-other-programs/moving-from-ms-money-to-moneydance">
http://help.infinitekind.com/kb/importing-data-from-banks-and-other...</a></p>
<p>I've done this process myself. It is doable but be prepared to
spend some time restoring the correct balances to accounts and
re-applying stock splits. Take your time and make sure to open any
closed accounts in MS Money beforehand.</p>
<p>I continue to use MS Money in parallel with Moneydance. There
are some clever people who have provided a few free apps which
allow MS Money users to download stock quotes as well as import
data directly from participating financial institutions. (mainly
applies to U.S. users)</p>
<p>If you run into too much trouble with the export / import
procedure, and you're interested in the free apps that I mentioned,
let me know and I'll provide the links to them.</p>
<p>HTH -Kevin N.</p></div>-Kevin N.tag:infinitekind.tenderapp.com,2009-01-14:Comment/389846032016-01-22T18:02:41Z2016-01-22T18:02:41Zswitching from MS Money <div><p>Thanks Kevin</p>
<p>I have started palying and it looks like this will suit just
fine.</p>
<p>May I ask why you run both in parallel – I am pretty keen
to only use one.</p>
<p>I see imports do not import categories which is a real nuisance.
Is there any quick way of at least importing the category list?</p>
<p>Jon</p></div>jon Tuppentag:infinitekind.tenderapp.com,2009-01-14:Comment/389846032016-01-22T19:06:35Z2016-01-22T19:08:01Zswitching from MS Money <div><p>Hi Jon,</p>
<p>I'm running MS Money due to some of the reports IMO are better
than Moneydance's. Also it serves as something of a fail-safe in
that if the two programs don't balance out at the end of the day, I
know that something is amok.</p>
<p>I imported my data from MS Money over 5 years ago, I have to
confess that I'm not sure anymore if Categories were imported or
not. If I remember correctly they were. You might want to try
opening one of the QIF files that were exported from MS Money to
see if indeed the Category information is included in the QIF.</p>
<p>I believe that when I imported my MS Money data, I did it in two
steps. First I imported only the account info so as to build the
account structure in Moneydance. To do so import the QIF and
checkmark 'Import Account Info Only' at the bottom of the Import
QIF windows. This may or may not have also brought along the
Categories but I'm not 100% sure. I then performed the whole
process over again, this time with the 'Import Account Info Only'
option un-checked.</p>
<p>HTH -Kevin N.</p></div>-Kevin N.tag:infinitekind.tenderapp.com,2009-01-14:Comment/389846032016-01-22T19:50:27Z2016-01-22T19:50:27Zswitching from MS Money <div><p>With respect to importing categories. It is necessary on the
Moneydacnce QIF import window to set the "File Source" option to
"From another program". If you do not set this option when
importing the QIF file categories will not import.</p>
<p>Ben Spencer<br>
Infinite Kind Support</p></div>Ben Spencer