[moneydance] Do online transactions expire if not downloaded?

[Eldar Yuzbashev]

I haven't downloaded the online transactions from my checking account
for approximately 2 months. If I download them now will there be any
missed transactions? Does it depend on the bank or on Moneydance or on
the combination of both? The account is active, about 5 transactions a
day (debit cards, checks, electronic payments, cash withdrawals). I
normally do not enter the transactions manually into Moneydance but
rely instead on the downloads. It seems to me that some on this list do
not think it's a prudent way of tracking the money. I'd like to hear
the arguments both for and against this method.

Thank you,
Eldar Yuzbashev