transition to MD windows from Quicken 2013

dale goldstein's Avatar

dale goldstein

28 Feb, 2016 01:12 AM

moving from quicken for many reasons, including the most public that many have issues with.

with that said, some questions:

. Does the software and data reside on my local computer or cloud based?
. Can i migrate quicken files into MD or does it require a new install of data?
. Any limitations on banks, brokerage house, credit cards?
. Security – SSL?
. Is there any charge to sync with financial institutions?

Thank you in advance

  1. Support Staff 1 Posted by Jenny on 29 Feb, 2016 11:19 AM

    Jenny's Avatar

    Hi Dale,

    If you haven't already, I encourage you to download our free trial version and experiment with the program before you decide if you would like to purchase it. The demo version is fully functional and allows you to manually enter 100 transactions. Imported transactions are not limited, so you'll be able to fully test importing your data.

    If you decide to purchase the program at a later date you can keep all your data, the license key simply unlocks the ability to manually enter more transactions. You can download the trial version of Moneydance from here

    You can follow the steps in this article which details exporting your data from Quicken and importing to Moneydance.

    You can view a list of our supported financial institutions here - http://infinitekind.com/fi
    If your bank is listed, this means they support direct OFX connections. You can setup online banking with these banks within Online --> Set Up Online Banking. Then select 'New Connection' and choose your financial institution from the list.

    If your bank is not listed, then unfortunately it appears they do not support direct OFX connections, which Moneydance (and other financial software) requires in order to talk directly to a bank.
    The best way to get your files into Moneydance is to use a web browser to download them from your bank's web site. You can download into QFX, OFX or OFC files (aka Quicken or MS Money files), any of which will import cleanly into Moneydance.
    You can also open your bank's download page directly (after entering the appropriate address in the Account --> Edit Account menu) by going to the menu bar and selecting Online --> Open Account Website, which makes the download process easier.

    Direct Connect uses 128bit (or higher) SSL connections with a special OFX certificate that OFX servers must be signed with. It is very secure.

    Moneydance is not a cloud-based software. All of your data is stored locally, and is not sent to our company in any way.

    I hope this information is helpful, please let me know if you have any other queries.

    Jenny
    Infinite Kind Support

  2. System closed this discussion on 30 May, 2016 11:20 AM.

Comments are currently closed for this discussion. You can start a new one.

Keyboard shortcuts

Generic

? Show this help
ESC Blurs the current field

Comment Form

r Focus the comment reply box
^ + ↩ Submit the comment

You can use Command ⌘ instead of Control ^ on Mac