Moneydance paycheck distribution

Doris Hart's Avatar

Doris Hart

21 Nov, 2018 12:08 AM

Does Moneydance have the feature that will automatically distribute each paycheck to individual predetermined budget accounts once the initial paycheck distribution is established?

  1. 1 Posted by mhoggie on 21 Nov, 2018 02:03 AM

    mhoggie's Avatar

    just a user,

    You can create as many accounts and categories as you need and have MD distribute to those accounts automatically via a reminder as needed within the MD application. If you are doing this for watching budget activity, it would be easier to just use the budget application for that purpose. It will show the current status on a bar graph on the summary page and there are numerous reports and features to watch your budgeted activity. The only issue with budgeting currently is following loan or mortgage payment activity. But there are methods to do that also.

  2. System closed this discussion on 20 Feb, 2019 02:10 AM.

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