If you visited the Moneydance website, which is now operated by The Infinite Kind company, you would be forgiven for thinking the website lacks polish. Moneydance Review 2020 – A Quicken Alternativeīefore getting to the many ways in which Moneydance shines, let’s first start with the gorilla in the room, where it falls short. Some of the institutions we work with include Betterment, SoFi, TastyWorks and other brokers and robo-advisors. By letting you know how we receive payment, we strive for the transparency needed to earn your trust. Thank you for taking the time to review products and services on InvestorMint. With an ever increasing list of financial products on the market, we don’t cater to every single one but we do have expansive coverage of financial products. Our goal is to make it easy for you to compare financial products by having access to relevant and accurate information. We strive to maintain the highest levels of editorial integrity by rigorous research and independent analysis. We don’t receive compensation on all products but our research team is paid from our revenues to allow them provide you the up-to-date research content. Revenues we receive finance our own business to allow us better serve you in reviewing and maintaining financial product comparisons and reviews. When you select a product by clicking a link, we may be compensated from the company who services that product. Financial services providers and institutions may pay us a referral fee when customers are approved for products. See Using reconcile for more information.Investormint endeavors to be transparent in how we monetize our website. Some reconciliations will require a more thorough review to fix. Depending on the specific transaction, you might have one of three options available in the Actions column.įor a transaction that was Added, you will have the option to Delete the transaction, removing it from the register.įor a transaction that was Deleted, you will have the option to Restore the transaction, putting it back into the register.įor a transaction that was Edited, you will have the option to Revert the transaction, removing any changes that were made. You may also want to take action on an individual transaction. In other cases, the discrepancy can be removed by editing a previous adjustment. In many cases, the discrepancy can be eliminated simply by editing the Ending Balance.
If you want to re-reconcile a previous reconciliation, choose the reconciliation you want to work on and select Re-reconcile. If you only want to see reconciliations that ended with a discrepancy, select the checkbox for Only show dates with a discrepancy.
Quicken Balance: The unreconciled balance.ĭiscrepancy: The difference between the Reconciled Balance and the Quicken Balance. Reconciled Balance: The balance after making adjustments (if any were made). You can view the following information:Įnding Date: The last day of the account statement or online balance update. The Reconciliation History screen will appear. You may also get to reconciliation history during a current reconciliation by selecting History. To view your Reconciliation History, go to the Accounts menu and select Reconciliation History. To understand what you may have done during past reconciliations. This most commonly happens when a past transaction was accidentally edited or duplicated. If the starting balance for your current reconciliation amount appears to be incorrect or does not make sense to you, especially if you reconcile regularly. You would want to do this for the following reasons: Reconciliation history is a tool that tracks past reconciliations, giving you information and allowing you to review and perhaps fix previous reconciliations.