tag:infinitekind.tenderapp.com,2009-01-14:/discussions/switching-from-another-personal-finance-program/1058-downloading-transactionsInfinite Kind: Discussion 2015-12-29T15:03:43Ztag:infinitekind.tenderapp.com,2009-01-14:Comment/387705152015-12-23T17:27:09Z2015-12-23T17:27:09ZDownloading transactions<div><p>Sir/Ma'am,</p>
<p>How do I know if Moneydance will download transactions from my
bank or Credit Union? Quicken used to be able to do that.</p>
<p>My CU is Scott Credit Union, web site is SCU.org</p>
<p>Also bank with Navy Federal CU</p>
<p>I downloaded the trial version but I see those features are not
available. Before I plunk down my hard earn money on your program I
need to know if its supports downloading from these institutions.
If not I might have to go pack to Quicken on the PC which I'm not
looking forward too...</p>
<p>What is your current version of MoneyDance and how are upgrades
handled? Thanks for your help.</p>
<p>Mike</p></div>Mike ODonnelltag:infinitekind.tenderapp.com,2009-01-14:Comment/387705152015-12-24T09:23:26Z2015-12-24T09:23:26ZDownloading transactions<div><p>Hi Mike,</p>
<p>You may have previously connected to your financial institution
with Quicken, but there are two methods that personal finance
software can use to access your accounts: Direct connect and Web
connect.<br>
With <em>Web connect</em>, the software basically connects to your
bank's website and downloads and imports OFX, QFX, QIF, and OFC
files automatically.This is likely what you had been using with
Quicken. <em>Direct connect</em> actually connects to a server at
your bank instead of their website and usually requires different
login credentials than you would use to log into your banks
website. <strong>Moneydance only supports automatic connections
through direct connect and not web connect</strong>.</p>
<p>You can view a list of our supported financial institutions here
- <a href="http://infinitekind.com/fi">http://infinitekind.com/fi</a><br>
If your bank is on the list, then they support direct OFX
connections. You can get up online banking with these banks within
Online --> Set Up Online Banking. Then select 'New Connection'
and choose your financial institution from the list.</p>
<p>If your bank is not listed, then unfortunately they do not
support direct OFX connections, which Moneydance (and other
financial software) requires in order to talk directly to a
bank.</p>
<p>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.</p>
<p>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.</p>
<p>Moneydance 2015 is our most recent version. You will never be
forced to upgrade Moneydance in order to keep using it.
Additionally, once you have purchased, you will be entitled to the
next version of Moneydance for free, and further versions will
discounted.</p>
<p>I hope this information is helpful, please let me know if I can
be of further assistance.</p>
<p>Jenny<br>
Infinite Kind Support</p></div>Jenny