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Ledgerist vs Moneydance

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When comparing Ledgerist vs Moneydance, the Slant community recommends Moneydance for most people. In the question“What are the best cross-platform budgeting apps?” Moneydance is ranked 11th while Ledgerist is ranked 17th. The most important reason people chose Moneydance is:

Moneydance supports a good selection of formats, even ones that Quicken no longer does.

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Common Questions

What are the best cross-platform budgeting apps?

What are the best financial/budgeting apps?

Pros

Pro
Multiple Accounts

Ledgerist allows you to manage multiple accounts at the same time. This way you can keep track of your checking account and credit card and any other accounts within the same app.

Pro
Organize transactions

Ledgerist can sort and organize your transactions by naming them or adding notes. You can then use this to find out where and how much of your money is being spent.

Pro
Good selection of importable formats

Moneydance supports a good selection of formats, even ones that Quicken no longer does.

Pro
Free trial version

Moneydance offers a free trial version so users can test the software before they decide to purchase.

Pro
Cross platform

Moneydance is a cross platform app so for those that use multiple operating systems it will be much easier to import and export information to each OS running the same financial application.

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Cons

Con
No Automation

Ledgerist won't automatically update your transactions. You must manually update it each time you make a transaction.

Con
No Account Integration

Ledgerist does not allow you to import accounts. This means you will not have any data from before you started updating the app.

Con
Import tags all transactions on import under the same default category

Upon import of financial info, all transactions will be set to the same default category meaning the user will have to go back and change the category by hand to the correct one.

Con
Costs money

Unlike most applications for Linux Moneydance does cost money, $49 to be exact. So while it is the most robust option available to Linux users, it will cost to be able to use it.