[moneydance] Quickbooks

[Allan Beattie]

> On Sun, 03 Dec 2006 00:01:08 -0500, Victor Roberts wrote:
>
>
>>> I suspect that the reason those accountants advised that you move to
>>> Quickbooks is because they never heard of Moneydance and are
>>> unwilling to learn/purchase a new program.

Sorry, but Moneydance isn't an accounting program.  This is not a  
criticism - it doesn't claim to be an accounting program.  Just as  
examples, it doesn't provide double-entry bookkeeping, it doesn't  
make a distinction between an income statement and a cash flow  
statement, and it doesn't provide a "net worth" or "equity" account  
classification.

I am an accountant, now happily retired, but if I were advising  
clients on keeping basic accounting records, I would suggest they go  
for something more accountant-friendly than MD.  (Maybe Quickbooks -  
I haven't used it.)

I repeat, this isn't a criticism of MD.  As a personal cash  
management program I think it's excellent.