Question

Paul's Avatar

Paul

23 Oct, 2016 09:20 PM

I'm considering switching to Moneydance from Quicken. This is an overwhelming thought, but I think I'm done with Quicken. They constantly out-date prior versions, forcing customers to buy their product over and over again, seemingly with no functionality improvements. In fact, sometimes newer versions seem worse. This of course isn't your problem, but my concern is that I may experience that anywhere I go. Will I pay for Moneydance once, or repeatedly?

Also, I see on my iPhone that between June 2012 and Nov 2014 you release 12 updates to the App. It's concerning to me that you haven't updated the App since Nov 2014, despite many customer reviews and petitions to do so. What's your response to that?

Do you assist in importing and transitioning data over from my Quicken files?

Thanks.

Paul

  1. 1 Posted by dwg on 23 Oct, 2016 09:36 PM

    dwg's Avatar

    I'll provide my take on some of your questions.

    Many Moneydance users have migrated from Quicken, often due to dissatisfaction with the product or often the company, hence many of use have been through the migration process.

    When your purchase Moneydance it entitles you to the current version and the upgrade to the next major version is free, after that if you wish to upgrade you receive a 50% discount, however you are never forced to upgrade because capability is never removed from the product nor does the product sunset. Many users are are still using older versions like 2011 and 2012.

    White papers have been written on various aspects of the migration process these can be found at:

    http://help.infinitekind.com/kb/importing-data-from-banks-and-other...

    IK have indicated they intend on enhancing the mobile app, however over the last couple of years development efforts have been concentrated on the core desktop application.

    I encourage you to download and try the application in trial mode, it is fully functional with the only restriction being a 100 manually entered transaction limit, purchase of license provides you with a key that unlocks this limit so any work that you have done would not be lost if you decide to stay with the application.

  2. 2 Posted by -Kevin N. on 23 Oct, 2016 09:44 PM

    -Kevin N.'s Avatar

    Hi Paul,

    I see the forum member dwg has already replied while I was composing my 2 cents. :)

    If I may make a suggestion, download the free trial version of Moneydance to see if it suits your needs. Between you and me, you're better off downloading the program from The Infinite Kind (TIK) website as opposed to the Apple app store. The app store version is purposely crippled to meet with Apple's sandboxing demands.

    TIK generally offers the next major version of the program as a free upgrade. You won't get the same offer from Apple.

    You can d/l the latest trial version here:
    http://infinitekind.com/download-moneydance-personal-finance-software

    Moneydance doesn't sunset older versions of the program and you're not forced to upgrade. e.g. I'm still using MD 2011.

    They offer a liberal licensing policy:
    http://help.infinitekind.com/kb/purchasing-upgrading-license-keys-a...

    It has been my experience that TIK offers updates for the program throughout it's particular life-cycle. If you look through the Blog, you'll see that there were several updates to MD 2015.
    http://infinitekind.com/blog

    There is also a version of MD 2017 coming soon.

    Here is a link to several Moneydance KB articles as they pertain to Quicken:
    http://help.infinitekind.com/search?utf8=%E2%9C%93&t=f&q=Qu...

    HTH -Kevin N.

  3. System closed this discussion on 22 Jan, 2017 09:50 PM.

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