Entering Transactions

Pasted Graphic 2.tiffTo create a new transaction, click the New Transaction button at the top of the Account Register screen; to edit a transaction already recorded, double-click the transaction itself.

Once a transaction is open for editing, left-click the specific field you wish to edit and type or select the information you want.

All transactions in Moneydance are movements of funds from one account to another. As a result, any transaction committed in one account in Moneydance (such as a Bank account named "Checking") will result in a second transaction occurring on the "other side" (such as an expense category titled "Groceries").

For example: If you record a transaction as a decrease of $50 in checking, selecting "Personal:Groceries" as its category, then click record, a new transaction will appear in your checking with a decrease of $50, while a new transaction will also appear in your Personal:Groceries expense category's register, showing an increase of $50 and showing your checking account as its 'category.'