[moneydance] moneydance versus quick books etc

[Werner Koller (TRC)]

Subject: Re: moneydance-info Digest, Vol 41, Issue 6
 
I agree.  I am using a "cash book" based accounting software for simplicity
and moneydance for my overall financial position (private and business). 
Both programs do complement one another perfectly.  The accountant is happy
and I know what I need/want to know too.
 
Yours truly
 
 
Werner Koller
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-------Original Message-------
 
From: moneydance-info-request at moneydance.com
Date: 8/12/2006 03:00:02
To: moneydance-info at moneydance.com
Subject: moneydance-info Digest, Vol 41, Issue 6
 
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Today's Topics:
 
   1. Quickbooks (Allan Beattie)
 
 
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Message: 1
Date: Wed, 6 Dec 2006 19:44:56 +0100
From: Allan Beattie <a.beattie at wanadoo.fr>
Subject: [moneydance] Quickbooks
To: Moneydance <moneydance-info at moneydance.com>
Message-ID: <1E4B839E-82F9-4244-82D7-9B370C5D4B5E at wanadoo.fr>
Content-Type: text/plain; charset=US-ASCII; delsp=yes; format=flowed
 
> 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.
 
 
 
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