Comparison

Moneydance vs Deductly

Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.

Head to head
About

Moneydance

Manage your personal finances on the go with this mobile companion app. It allows for quick transaction entry and account balance updates, syncing securely to your desktop software. Keep your financial data protected with robust encryption.

Highlights
  • Mobile account balance updates
  • Portable transaction entry
  • End-to-end encrypted syncing
  • Dropbox and iCloud sync options
  • AES encryption for data protection
Read full description

Moneydance helps you take your finances mobile by making account balance updates and transaction entry portable. Moneydance is designed to enable quick and painless entry of receipts and transactions while you are out and about, with immediate, end-to-end encrypted syncing (via Dropbox or iCloud) to Moneydance on your Mac or PC. The desktop version of Moneydance is required to use this app, which can be downloaded for Mac, Windows, or Linux from moneydance.com Moneydance uses strong AES encryption in addition to Dropbox and iCloud's built-in security to ensure your finances are heavily protected while syncing.

About

Deductly

Features
Read full description

Deductly is an all-in-one business expense and subscription tracker built for entrepreneurs, freelancers, and small business owners who want to stay organized, maximize deductions, and simplify tax season. Scan receipts, import bank and credit card statements, and track mileage. Deductly helps categorize and organize your expenses automatically, while clearly flagging anything that may need a second look. Features: • AI receipt scanning and expense categorization • Bank and credit card statement imports with automatic duplicate detection • Mileage tracking with automatic deduction calculations • Subscription tracking connected to your expense history • Smart deduction workflows with a clear review queue for uncertain expenses • Split expenses across multiple categories • Multiple business workspaces with collaborator support • Accountant-ready report exports • Real-time dashboards with monthly and all-time summaries Spend less time organizing expenses and more time running your business. Deductly keeps your financial records organized, your deductions visible, and your information ready when tax season arrives.

Screenshots

Moneydance4 screens
Deductly4 screens

Verdict

The call

The clearest difference is update cadence: Moneydance at every 6 weeks against Deductly's every 4 months. Moneydance also leads on device support (3 vs 1) and iOS requirement (12.4 vs 17.6). On price, ads and in-app purchases there is nothing between them.

Scored on Price · Rating · Positive reviews · Number of ratings · Update frequency · Ads · In-app purchases · Monetization · Best chart rank · Devices · Requires iOS

CostPrice · In-app purchases · Ads · Monetization

Both are free to download. Neither carries in-app purchases, so what you see is what you pay.

UpkeepUpdate frequency

Moneydance ships an update every 6 weeks, Deductly every 4 months. The most recent releases landed on October 26, 2026 and October 16, 2026 respectively.

Scorecard3 real differences · 7 level
Moneydance versus Deductly: the parameters behind the verdict, then further details
ParameterMoneydanceDeductly
PriceFreeFree
Rating4.7 (979 ratings) — better—
Positive reviews54.1% of reviews—
Number of ratings979 — better—
Update frequencyEvery 6 weeks — betterEvery 4 months
AdsNoNo
In-app purchasesNoNo
MonetizationPaid—
DevicesiPhone, iPad, iPod — betteriPhone
Requires iOS12.4 — better17.6
Further details — not scored
Size21 MB10 MB
Age rating4+4+
DeveloperThe Infinite Kind LimitedEnzo Smith

Bugs and requests

Moneydance

Reported bugs

3 issues
  • Transactions sometimes get corrupted during sync
  • App crashes when entering certain transaction details
  • Inconsistent behavior when dealing with split transactions

Requested features

5 requests
  • Add tags/categories support
  • Improve transaction entry experience
  • Implement manual sync option
  • Display account balances and future transactions
  • Integrate with mobile banking/financial services

Deductly

Not enough reviews yet to summarise bugs or requests.

In-app purchases

None

Moneydance

No in-app purchases

None

Deductly

No in-app purchases

Questions

Is Moneydance free?
Moneydance is free to download, with no in-app purchases.
Is Deductly free?
Deductly is free to download, with no in-app purchases.
Do Moneydance or Deductly have ads?
Neither Moneydance nor Deductly shows ads.
Which is updated more often, Moneydance or Deductly?
Moneydance ships an update every 6 weeks, and Deductly every 4 months. Most recently, Moneydance was updated on October 26, 2026 and Deductly on October 16, 2026.

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