Bank Accounts

Moneydance bank accounts represent accounts such as checking and savings. When creating a bank account, you will name the account and provide information such as the bank name, account number, routing number, initial balance, and the account's currency.

In addition, you may set a default category for the transactions in this account. You can always categorize transactions individually, but it can be helpful to set a default when the majority of transactions will fall under one category.