Version 7+ does not install on my computer

Tom Jones's Avatar

Tom Jones

21 Jun, 2019 04:22 AM

1. When I try to install I get message saying the version is incorrect. The name of the moneydance file infers it is 64 bit, That Win 7 desktop processor is Intel 32 bit Pentium. I will try to load it on my other desktop, a 64 bit AMD with Win 10, but is there a 32 bit version and how to get it?
2. How many pc's can I load the purchased version on?
3. I use Money Sunset. It exports a "loose" and a "strict" file that is supposed to be Quicken files but the Moneydance quicken import capability does not recognize them.

  1. 1 Posted by dwg on 21 Jun, 2019 04:51 AM

    dwg's Avatar

    I'm a fellow user.

    Moneydance 2019 is built using Oracle Java 11. Oracle Java 11 is only available in 64 bit versions hence Moneydance 2019 will not work on any 32 bit operating system. The last version of Moneydance that ran on 32 bit systems was Moneydance 2017.

    You can run Moneydance on as many systems as exists in your household, it is a very liberal licensing policy.

    If memory serves you use Loose QIF files.

    Strict QIF files were for older versions of Quicken that had strict limits on name length if I recall correctly.

  2. 2 Posted by derekkent23 on 21 Jun, 2019 06:57 AM

    derekkent23's Avatar

    I am not support staff, just a user.

    Dwg is correct, you should use loose as the MS Money QIF export format.

    Make sure you are running 2019.3(1880) build or later of Moneydance https://infinitekind.com/preview

    You need to use your old program to export your data in a QIF file type, one QIF file for each account, including any closed account that have transfers to any open accounts, re-open these accounts if necessary.

    Open one of the QIF files in a text editor. You are looking for the date format used in the file e.g. D25/03'2019 Day Month Year or D5/ 17'19 or D05/31/2017 Month Day Year etc. You will need this information later. If you get this wrong it will be apparent as the dates in Moneydance will be all over the place and you will need to start again creating a new data set.

    QIF files were never meant for transferring data from one program to another, but it’s all that is available, you will need to spend time cleaning thing up when import is complete.

    When you first start Moneydance it opens in the Welcome window click on “Create a new account set”. If you have opened Moneydance before create a new data set under FILE (MONEYDANCE on Mac) – NEW.

    Select “Create New File” (Data Set) and click NEXT. Type in an Account Set Name (Data Set) and click NEXT. Change Primary Currency (base currency), if required. File Type, leave at “Standard Account set”, click FINISH.

    In the side bar (list on left) under BANK deleted the two default Bank accounts, highlighting them in turn and using ACCOUNT – DELETE ACCOUNT.

    If you have accounts with currencies that are not in your base currency make sure they are displayed on the Summary Page. Ensure box “Show on summary page” is ticked under TOOLS – CURRENCIES – highlight subject currency and double click – EDIT.

    Select one of your QIF account files, the one with the most transfers to other accounts.
    1. If in step 3 you don’t see the name of the account you are importing click CANCEL and setup the account. ACCOUNT – NEW ACCOUNT - select account type – NEXT – Enter the name of the account exactly as it appears in your old program under “Account Name” – OK.
    2. Drag and dropped the QIF file into the side bar (list on left).
    3. Waited for import window to appear, this can take a few minutes.
    IMPORTANT Checked all listed accounts are of the correct type and currency and changed if required. Find the name of the account you are importing in the list and highlight it.
    4. The “Date Format” should be set to the date format used in the QIF file not the date format you want to use in Moneydance. Select the correct Decimal Character. Do not tick “File was downloaded”.
    5. Click import and waited to account values to file in, again this can take some time.

    Account that have transfer within the QIF file you imported will be automatically created. Don’t worry that their balances are incorrect, as you import the other QIF account files thing will sort themselves out.
    Some accounts maybe hidden under the “+” at the bottom of the side bar, added them back.

    Repeat the process steps 1 to 5 for each QIF account file.

    Some QIF files don’t include initial account balances. If you think this is the case you can add initial balance to affected accounts as follows.
    Highlighting an account, then click ACCOUNT – EDIT ACCOUNT and add an Initial Balance.

    For investment accounts QIF file don’t always carry security prices other than buy sell prices, so investment account balances maybe wrong until you update with current security prices.

    Reminder are not included in QIF files.

    Any accounts that are inactive (closed) should be made inactive by highlighting the account in the side bar and clicking ACCOUNT – EDIT ACCOUNT and ticking the inactive box. To remove them from the side bar right click and select REMOVE FROM SIDE BAR.

    Now the real work starts to check balances and tidy thing up. This is especially true of investment accounts as not all action types are supported. But worth it in the end.

    For information on how to use Moneydance see https://infinitekind.tenderapp.com/kb

    Hope this helps

  3. System closed this discussion on 20 Sep, 2019 07:00 AM.

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