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Moneydance vs HomeBank

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When comparing Moneydance vs HomeBank, the Slant community recommends HomeBank for most people. In the question“What are the best cross-platform budgeting apps?” HomeBank is ranked 8th while Moneydance is ranked 11th. The most important reason people chose HomeBank is:

HomeBank uses an easier input interface as well as offers a bunch of different transaction filters and reporting tools.

Ranked in these QuestionsQuestion Ranking

Common Questions

What are the best cross-platform budgeting apps?

What are the best checkbook registers for Linux?

What are the best personal finance/budgeting software tools?

Pros

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.

Pro
Easy to learn how to use with user friendly features

HomeBank uses an easier input interface as well as offers a bunch of different transaction filters and reporting tools.

Pro
Easy to install on Linux, no matter the distro

HomeBank offers prebuilt packages for many of the major Linux distributions meaning users do not have to wait for their distros repo to add or update the app and can just install or update when they like.

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Cons

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.