Switch to Moneydance from MS Money

Brian's Avatar


28 Apr, 2016 10:08 AM


Currently I am running Money 2005 on a Sony Laptop (with Vista) It has over 20 years of MS Money data on it.I will soon either buy a new Macbook or a windows 10 laptop

I need to transfer all my existing files into a new money management programme (i am only talking personal finance here)
Q1 How do i transfer from MS Money to Moneydance if Money dance is on a different laptop using either OSX or Windows 10 .Is one better than the other?

Q2 Does Moneydance run on my Ipad pro ?

Q3 Is there a way to trlal this on my Ipad pro or must I use my obsolete Sony laptop and if I successfully create the new money dance files can i then transfer these onto OSX when I buy the new macbook or to windows 10 if I go that route ?

Q4 Are there any downsides to what I am contemplating .Im trying to avoid starting from scratch but I must NOT lose any data . As background I regularly download statements from my bank (Nationwide and Barclays in the UK) but I do not compile a tax return from MS Money or make any payments externally direct from within the programme I do however have a calendar of payments and income amounts such as direct debit and direct deposits to allow me to know what the future balances will be looking ahead days ,months and years . I have not been able to successfully set up online investment data so my savings run purely as a separate account ,

  1. 1 Posted by Ian O on 28 Apr, 2016 10:19 AM

    Ian O's Avatar

    Hi Brian,

    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 form MS Money, and test syncing with your iPad.

    If you'd like to export your data from MS Money, you can follow the steps in this article. If you're moving to a new computer, then between steps 6 and 7, you'll need to move your exported data to Dropbox or USB (or whatever your method is for sharing your data between the systems). Move the data to the new computer. Then continue from step 7 onwards to import 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:

    Moneydance will run equally as well on Windows and Mac. You can share data between computers running MD, regardless of OS.

    You can also share your data with a mobile device using Dropbox by following these steps. Currently, the mobile app is an add on to the main desktop program, and only has very basic functions like viewing and editing transactions. We are working to add more features and functionality to the app.

    You can download the trial on any system - if you're able to setup your data successfully, then want to move to a new system, you can simply move the entire data set, or share the data via Dropbox so it can be accessed from multiple locations. I can provide instruction and documentation for this if required.

    Regarding your concerns, most customers are able to import their data without many issues. That being said, the QIF file format was never really intended for transferring all data between personal finance software and as such it contains inherent ambiguities that will need to be manually corrected post import. How much manual correcting needs to be done is hard to predict. Typically investment accounts fair worse that regular accounts in this matter.

    Moneydance supports Direct Connect which allows you to download bank data automatically. You can view a list of banks that support this feature here. I am also based in the UK, and unfortunately I am not aware of any UK banks that support Direct Connect. Without this, 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.

    I hope this information is helpful. Please let me know if you have any questions of if I can be of further assistance.

    Ian O
    Infinite Kind Support

  2. System closed this discussion on 30 Jul, 2016 03:52 AM.

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