Loan Accounts track a loan with regularly scheduled payments, a known interest rate, and a fixed starting debt. This could be used to track other liabilities you would like included in your net worth. Liability Accounts are another “catchall”. If you have categories you no longer have need of, you can mark it asInactive to prevent them from being shown in drop down lists in account registers. When enabled, the register will scroll to new transactions as they are entered. This article details the options available within the 'General' tab. On a Mac, choose Moneydance > Preferences. They can be used to track the value of a home, to keep a household inventory for insurance purposes, or track any other items you would like included in your net worth. To access your Moneydance preferences, choose File > Preferences.
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Sign up free Simple to use, easy to understand Mint uses budget categories to help you track your spending.
You can even add your own and have Mint apply them to the same future charges. The default location for your data file (s) varies depending on your operating system, and is listed below. If you have not manually moved your data file to a different location, your files will be stored in a default location. For example, the expense category Bills could be the 'Par. Moneydance 20 will store any new data files you create in the same, default location. Investment accounts support entry of standard bank transactions.Īsset Accounts are a “catchall” account. We have hundreds of default categories, and its easy to rename or re- categorize any transaction as you please. Accounts and categories can be the Parent of another account or category of the same type. Investment Accounts hold securities (stocks, bonds, mutual funds, etc.) as well as cash. The balance of your credit card account represents your current debt on that card. Types of Accounts -īank Accounts represent accounts like checking and savings.Ĭredit Card Accounts keep track of your current balance on a single credit card. Moneydance supports a variety of account types.Īll accounts, aside from Investment Accounts, can be specified as a “Child of” (sub-account of) another account of the same type.
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