Importing Additional Information into Moneydance
Transferring financial data from the Web or other applications into Moneydance requires that the data first be exported from the other application into a file which can be read and imported by Moneydance.
Many financial applications have the ability to export their data to QIF, QFX, OFX or OFC files. This export function is usually located under the File menu of programs like Quicken or Money.
Once the data has been exported into a readable file, use the File->Import-> menu to open the import dialog in Moneydance. Use this dialog to import the file that was exported from the other application.
- Select File->Import->OFC for OFC files.
- Select File->Import->OFX for OFX and QFX files.
- Select File->Import->QIF for QIF files.
See Preparing Moneydance for Quicken Import for important information about importing large QIF files.
If you've selected OFX or OFC as your imported file, a dialog will appear prompting you to select the destination account for the transactions contained in the file. Once you have selected the proper account, you'll be given the chance to edit the information in each transaction, one at a time, before accepting or deleting it from the import list.
Moneydance will try to match new transactions with transactions already entered in your register to prevent duplicate transactions; any close match(es) will appear in a drop-down menu in the import dialog box. Also, Moneydance will try to recognize similarities between the transaction being evaluated and previous transactions in your register. In this way Moneydance will often assign an appropriate income/expense category to new transactions automatically. You can override these if Moneydance's "guess" was incorrect.