[moneydance] VERY CONFUSED

Tue Jul 14 09:04:55 EDT 2009

Steve,

Brokerage accounts in MD do NOT use an associated cash account as in MS Money.  They use a running balance.  You shouldn't have to export / import the associated cash accounts .qif files from MS Money.

Importing from MS Money is a two stage process.  First, one at a time, import the MS Money .qif file to the newly created matching account in MD, BUT select the From Another Program radio button AND the Import Account Info Only check box.  Continue this process until you import all of the .qif files from MS Money.  Then repeat the process making absolutely sure that you import the .qif files from MS Money into the proper account in MD, select the From Another Program radio button, BUT this time uncheck the Import Account Info Only check box.

After the import process is complete.  From the Menu bar, click on Extentions > Add... > chose the From the Internet radio button and from the resulting form chose the Stock quote syncronizer.  This will allow you to update your stock quotes.

Downloading info from your brokerage accounts we can cover later if you encounter problems with that.

Speaking of stock quotes.  MS Money does NOT export stock splits.  They will have to be reapplied in MD.  Look in the update prices manually list in MS Money to find the splits.  You also have to input the ticker symbols of all of your equities into MD.  From your brokerage account in MD select the Security Detail button > History > Edit, in the resulting Edit Security form, enter the proper ticker symbol.

I first made the mistake of not doing the two stage import process and my MD file was completely screwed up.  Granted MD does NOT hold your hand as tightly as MS Money does and there is definately a learning curve, but as you use the program you'll find yourself liking it more and more.

Hope this helps.  Don't give up.

-Kevin N.

> From: jaap.vandodeweerd at gmail.com
> To: s14212 at yahoo.com
> Date: Tue, 14 Jul 2009 08:10:35 +0200
> CC: moneydance-info at moneydance.com
> Subject: Re: [moneydance] VERY CONFUSED
> 
> MD is not MS M, so it takes some time to get adjusted to the program 
> and it will take some cleaning up in the accounts. Reporting is not 
> what you are used to, but it works and there's no better alternative, 
> when you want to run on different platforms. So little choice!
> 
> On 14 jul 2009, at 01:45, s14212 at yahoo.com wrote:
> 
> > Oh, if it were that simple.
> > I started again, fresh.
> > I established every account from MS Money in Moneydance - spelled 
> > exactly as they are in MS Money.
> > I also established "bank" accounts in Moneydance for each of the 
> > cash accounts in Money as instructed. I named these cash accounts as 
> > they are in MS Money not duplicates of the Investment accounts to 
> > which they apply. Perhaps that was a problem.
> > In any case, after all this, the number of shares in each MD account 
> > is correct. The Cost basis is correct. The value of the account, 
> > however is screwy. In addition, there are entries I neither want, 
> > need nor understand.
> > In addition, the available reports do not permit customization and 
> > seem to come as either graphs or charts but not both.
> > Bottom line, my frustration level is rising and while this medium 
> > provides helpful hints, I don't know where to go for a comprehensive 
> > instruction manual for MD.
> > The other finance programs for the Mac OSX are not available for 
> > Windows so I can't experiment until I make the giant leap.
> >
> > --- On Sun, 7/12/09, Jaap van Dodeweerd 
> > <jaap.vandodeweerd at gmail.com> wrote:
> >
> > From: Jaap van Dodeweerd <jaap.vandodeweerd at gmail.com>
> > Subject: Re: [moneydance] VERY CONFUSED
> > To: s14212 at yahoo.com, "General discussion related to Moneydance" <moneydance-info at moneydance.com 
> > >
> > Date: Sunday, July 12, 2009, 11:34 PM
> >
> > Hello Steve,
> > I did the same move last year (and many people before me), with only 
> > 5 years of transactions.
> > After opening an empty MD file, first define all accounts as they 
> > are defined in MS M. Then start to export the QIF files in that 
> > order and import the files in MD.
> > Only a few adjustments are then needed, in order to get the same 
> > situation in MD.
> >
> >
> 
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