John Flannery's Avatar

John Flannery

23 Jan, 2017 05:00 PM


I am thinking seriously of switching to Moneydance from Quicken. I am sick of Quicken. My questions are:

Can you import data from Quicken 2016?
Do you in anyway store my data in the cloud?
In Moneydance - how is data stored? (1 file or directory on my harddrive?)

The second question is my biggest gripe with Quicken. I do not want to store any personal or financial data in the cloud. I know that means I am responsible for backup of that data. I can handle that.

Thanks in advance.

  1. 1 Posted by -Kevin N. on 23 Jan, 2017 06:33 PM

    -Kevin N.'s Avatar

    Hi John,

    Can you import data from Quicken 2016?

    Take a look at the Moneydance KB articles related to Quicken:

    Do you in anyway store my data in the cloud?

    You data set is stored locally by default.

    In Moneydance - how is data stored? (1 file or directory on my harddrive?)

    The Moneydance data set resembles that of a folder (directory)

    If I may make a suggestion, try out the free trial version of Moneydance to see how successfully that you can import your Quicken data.
    You can d/l the trial version here:

    HTH -Kevin N.
    (not a member of the MD support staff)

  2. Support Staff 2 Posted by Jenny on 24 Jan, 2017 11:29 AM

    Jenny's Avatar

    Hi John,

    Moneydance is not cloud-based software. All of your data is stored locally on your system, is not stored on a server, or sent to our company in any way. Your data stays on your computer, encrypted and completely under your control.

    To import your Quicken files, you'll first need to export your data as a QIF file. You can find the steps in this article for importing the QIF file into Moneydance. I'd be happy to provide assistance if you encounter any issues during the import process.

    Within Moneydance, your data is stored as a .moneydance directory. You can find the default location of your Moneydance data files in this article.

    As Kevin has mentioned, you can download our free trial version and experiment with the program. 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 Quicken 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.

    You'll find the Moneydance 'Getting Started' knowledge base articles here which will be useful if you're using Moneydance for the first time. I'd be happy to provide guidance if you have any questions or need assistance getting setup.

    Infinite Kind Support

  3. System closed this discussion on 25 Apr, 2017 11:30 AM.

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