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Add to SafariWhen comparing Moneydance vs KMyMoney, the Slant community recommends KMyMoney for most people. In the question“What are the best checkbook registers for Linux?” KMyMoney is ranked 2nd while Moneydance is ranked 5th. The most important reason people chose KMyMoney is:
KMyMoney has a built in import function so users can easily import their financial information from other applications.
Question Ranking
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 Allows import of financing infomation
KMyMoney has a built in import function so users can easily import their financial information from other applications.
Pro Easy of use
Near to ideal for the bookkeeping of a little association (that is not subject to tax).
Pro Easy to configure
Pro Similar in style to Quicken
The layout and function of KMyMoney is very similar to Quicken, so for those that are familiar with Quicken and othe Windows applications will know exactly how to use KMyMoney.
Pro Very good KDE integration
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.
Con Limited online banking functions
KMyMoney is pretty limited when it comes to its online banking functionality.
