The Tools Menu

Toolsmenu.tiff

Currencies/Exchange Rates
Selecting the Currencies/Exchange Rates menu item displays a window that shows the list of currencies associated with the current file. From this window, currencies can be added, modified, or deleted. The base currency can also be set here, and the history of each currency is tracked so that you can see the exchange rate for each currency for any time in the recent past. 


The currencies that Moneydance can manage include stocks, bonds and mutual funds as well as national currencies.  In fact Moneydance is capable of handleing any arbitrary unit, be it gold bullion or shiny pebbles.


Translate Currencies
One way to take advantage of the up-to-date exchange rates managed by Moneydance is by using the Translate Currencies tool. Selecting this menu item displays a window where you can enter an amount in one currency, and view the equivalent value in all of the other currencies. Translating Currencies has more information about using this feature.

Reminders
Selecting the Reminders menu item displays the calendar and reminder list tool. This tool can be used to enter new reminders and scheduled transactions, and to view the calendar. The monthly calendar can be printed for offline viewing. Reminders has more information about using reminders and scheduled transactions.

Budget Manager
This menu item presents the budget mangement tool. This tool provides the ability to specify how much income and expenses that you expect to assign to specific categories. Budget Manager has more information about managing your budget.

Chart of Accounts 

The Chart of Accounts shows your entire account tree, and provides the ability to open, create, edit, and delete accounts. This of course includes all the catagories you've set up.


Calculator
Selecting the Calculator menu item displays a simple calculator.

Loan Calculator
Selecting the Loan Calculator menu item displays a tool that lets you calculate payments on a loan or mortgage. This also includes a tool to help you decide between a loan with high points and low rate, and a loan with low points and a higher rate. Loan Calculator has more information about using this feature.