Some Moneydance customers keep their data files under their Dropbox folder, allowing their data to automatically sync to and from other computers connected with the same dropbox account. While this is much more convenient for syncing with mobile devices, this does not enable desktop-to-desktop syncing. Moneydance 2012 adds the ability to sync your data with mobile devices such as our iOS app over Dropbox without installing a separate extension. In the meantime, if that ability was important to you then you should stick with Moneydance 2011. To summarize: exiting without saving is a crude way of doing an “undo”. You can restore files and folders from different days and sometimes hours and minutes. Time Machine and other backup software provide a similar function at the file level. One way is to keep a history of changes (which ties into the syncing mechanism).

We would like to provide a better way to get the same function. We do recognize that exiting without saving did serve a purpose. That’s obviously not acceptable, and the example shows that Moneydance data files are not documents in the same way as word processing files, spreadsheets and images. If a new transaction is synced from your iPhone or Android phone and you exit without saving that synced transaction, then you’ve just lost a bit of data. One of the reasons is that exiting without saving the current data breaks synchronization. Some people have requested that we bring back the ability to exit Moneydance without saving any of the changes in the current session. These are all difficult to impossible with a document-based model. It lets us keep transaction attachments safe, encrypted, and close to the transactions or accounts with which they are associated. It can keep synchronization data in an incremental storage so that syncing with services such as dropbox and mobile apps is faster and more reliable. Moving to a library style design lets Moneydance keep better track of the files that it needs to function. It was a library-style app in a bad document-based disguise. Only one “document” can be open at a time, and the vast majority of customers would only ever have one single document. The thing is, Moneydance has never really been a document-based application. This was a comfortable model that a lot of people knew how to use. Moneydance used to behave similarly to document-based applications in that you could Open, Save, and “Save As” files that were stored anywhere on your computer. With internally managed data, we will be able to store attachment files without having to pack everything into a single file. Storing PDF and image files in a single file would be a performance nightmare. One example is how Moneydance will soon store attachments to transactions. Without breaking out of the single-file format we were limited in the kinds of data that could be stored. However, it was clear that we needed a more flexible way of storing additional information. It is accessible to humans as well as scripts and other programs while still being efficient and relatively quick to load, even when storing decades of financial history. Unencrypted Moneydance data files can be opened and edited using a standard text editor. Of course, if you do want to know where Moneydance keeps your files, that is easily done using the Help->Show Documents Folder menu. We want your brain to be focused on assessing your finances rather than where the file storing your finances may be located. Having to think about files when managing your finances reduces productivity by adding unnecessary distraction. Evolving AbstractionĬomputers should help you perform your tasks, not get in the way. Even so, there are many benefits provided by the new model. If you’re even reading this article you can likely handle the complexity that the new model tries to minimize. The first benefit of managed data is that the vast majority of customers need not worry about where and how their files are stored. This post will explain the benefits and costs as well as how “power users” can migrate their workflow to the new system. This has significant benefits, but it does come at a cost for people who prefer to manually manage their files. Rather than maintain data files in various locations across your computer such as Documents/Finances/MyFinances.md, your files are now kept within a special folder that Moneydance manages. If you’ve been using Moneydance for a while and have an advanced workflow then you’ll have noticed that it now manages your files in a very different way. Now that the mad dash involved with releasing Moneydance 2012 is subsiding, I’d like to explain some of the most significant changes that we’ve made.

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