After choosing the right account, specify a name for it, the bank name, start date, balance, account number, and other important information. The first one of these allows you to set it manually from the Account menu, and you'll have to specify the type: Bank, Credit Card, Investment, Asset, Liability, Loan, Expense and Income.
You have two options when you want to set up an account. The main window of the application presents to you a calendar, a list of the available accounts that you can use, and the actual balance from all your personal ones. Moneydance offers support for a lot of currencies, like the US Dollar, Turkish Lira, Japanese Yen, Euro, British Pound, Mexican Pesos, and many more. Once you do that, a new window appears, and you have to specify the currency that you're using and the file type (standard account set or minimal account set). If you're a first-time user, then you'll have to click on Create New File to get started. When the application is opened for the first time, it offers three options – create a new file, open an existing one, and import a file. Moneydance provides you with a simple graphical interface, which easily introduces you inside finance management, by taking one step at a time. Moneydance is a powerful cross-platform application that you can employ to manage your accounts, finance, budget, and everything else that includes spending money. There is also another way that you can use, easier, faster, and cheaper. You can do this yourself, and get lost in papers and bills and check notes, or you can hire an accountant to do this job for you. Everyone has to keep track of how much they earn and how much they spend. It's pretty simple actually: less money - less satisfied needs, more money - more satisfied needs. Your lifestyle depends on how much cash you have, and this involves how much you earn and how much you can spend. We work for money, and then we spend them to drink water, eat food, keep a roof above our heads, and satisfy our needs in every way we can. Money represent one of the most important and annoying things ever invented for human mankind.
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