If you're a freelancer that needs an app not only for budgeting but also for tracking clients and invoicing them, you should look for an alternative. It was initially developed for Mac users, but now the software is available on Windows and Linux. While the app currently has a bug that makes transaction entry more difficult, you can still try the demo version that allows up to 100 transaction entries. Moneydance is a personal finance management software that provides numerous features to manage and track your finances. Moneydance for Mac is best suited for people who just want to track their everyday expenses and remain within budget. This makes the app difficult to recommend to freelancers and other small businesses. No invoicing options: While rich in other features, the app doesn't allow you to track time or invoice clients. The workaround we discovered was to create a reminder for the current day and update the date in the reminder's settings. Consīuggy: Version 2015 (1100) of the app ships with a bug that makes it difficult to create new reminders in the calendar. We particularly liked an add-on called Balance Predictor that tries to chart your future balance based on previous data and available reminders. Unfortunately this feature is limited to US financial institutions.Īdd-on support: There is support for third-party add-ons that can augment the app's functionality. Logging in varies from bank to bank, but it could be as straightforward as entering your username and password. Online banking integration: You can set up the app to automatically download all of your bank transactions and use them to populate your account's activity. There are also more than 20 reports that can give you a bird's eye view of your finances. Moneydance offers an intelligent and comprehensive alternative which allows you to organize your finances, manage your budget, track your portfolio, or just automatically balance your checkbook. Additionally, you can define multiple budgets and expense/income types and see the exchange rate of currencies that interest you. Versatile: With Moneydance for Mac you can set up an account for every bank that you're a customer of. Unfortunately the current version of the product suffers from a glitch that makes transaction entry more cumbersome than it should be. If you're in the US, you can also sign in with your online banking credentials and download your statement data into the app. Moneydance for Mac keeps track of your finances by allowing you to set up multiple accounts and budgets.
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