International bank accounts

Nicola's Avatar

Nicola

18 Sep, 2023 05:31 PM

Hi,
I'm thinking of switching from Wallet by Budget Bakers to Moneydance, but before I do so, I'd like to learn a little more about Moneydance, specifically:
- is it possible to use two different currencies (USD and Euro) on Moneydance at the same time?
- how often does Moneydance require that I connect my banks to Moneydance? I ask because with Wallet I sometimes need to re-connect my banks to Wallet every week, and that's a major reason I am leaving.
Thanks!

  1. 1 Posted by Stuart Beesley ... on 18 Sep, 2023 06:05 PM

    Stuart Beesley (Mr Toolbox)'s Avatar
    1. Yes, you can run multi currency and have banks in different currencies. NOTE: Categories are currency specific
    2. You can transfer between currencies (using a rate)
    3. I think that depends on Plaid (MD+) and the bank. My own banks are something like 3 months. I have seen some reports of some banks monthly. It's not a MD thing, it's a Plaid/Bank thing...
  2. System closed this discussion on 18 Dec, 2023 06:10 PM.

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