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Bank Accounts
Moneydance bank accounts represent accounts such as checking and savings. When creating a bank account, you will name the account and provide information such as the bank name, account number, routing number, initial balance, and the account's currency.
In addition, you may set a default category for the transactions in this account. You can always categorize transactions individually, but it can be helpful to set a default when the majority of transactions will fall under one category.
Moneydance features a number of different types of accounts. For a more specific discussion of bank, credit card, investment, asset, liability, expense, income, and loan accounts, read the relevant articles.
