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Step 1
Make sure MoneyDance is the right program for you by downloading a free trial and using it for the try-out term (see Resources below). The trial has essentially all the same features of the full version, but it expires after 30 days. You need to buy the full version before the trial expires in order to preserve all the information originally saved in the program.
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Step 2
Set up a new account by entering your bank account information and personal data, and then choosing the type of account that is right for you (cash, credit card, savings or checking account). The more details you enter related to your financial institution (such as percentages and annual expenses), the easier it will be to calculate everything automatically.
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Step 3
Choose your currency. MoneyDance is one of the few financial-software programs that can work with multiple currencies, making it especially useful if you deal with international payments or accounts. The program will automatically convert all funds into your chosen currency, using the latest conversion table.
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Step 4
Start with a minimal account if you are not familiar with MoneyDance. This will allow you to manage anything related to your checking or savings account, but it will keep out any confusing mentions of loans or expense accounts.
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Step 5
Set up an advance-budgeting account if you are familiar with MoneyDance and can handle several steps without getting confused. You can choose to upgrade to this type of full account later on by simply adding the sections you want manually.
