Dave in SF's dashboard

I've also been trying to figure out how to go and edit the attributes of existing liability accounts (interest rate, term, etc.) after importing my data from Quicken, but I am pulling my hair out trying to find a way to do so. It seems like a bug or omission; you should be able to edit all the data that gets entered when you create a loan account.

I saved my entire file of Quicken data as a .QIF file and then imported it into Moneydance. This was over 20 years of data. There were a few glitches (which I attribute to corruption in my Quicken data file) but they were pretty easy to find and fix.

After importing, I recommend you compare the balances of each of your accounts on Moneydance and Quicken. If you find a difference, search in both programs until you find where the two programs diverge and make any corrections. In my case, some duplicate entries showed up in a few accounts which screwed the balances up. They were easy to find once I realized that they were not marked as reconciled, so I just had to go through and look for (and delete) the unreconciled transactions.

Moneydance automatically created all of my categories, so this was (by far) the easiest way to do it, I think.

I handle things a little bit differently (though similarly) and thought I'd add my two cents worth.

I have multiple rental properties and want to be able to report on them separately. I use categories for each property and subcategories for the various types of income and expense (corresponding to Schedule E categories, although I break things down even further so I can track various expenses more specifically.)

For example, I have INCOME categories like these:
Rental Income: Property A: Rent
Rental Income: Property A: Laundry
Rental Income: Property A: Other
Rental Income: Property B: Rent
... etc.

I have EXPENSE categories like these:
Rental Expense: Property A: Management
Rental Expense: Property A: Utilities: Electricity
Rental Expense: Property A: Utilities: Gas
Rental Expense: Property A: Repairs: Painting
Rental Expense: Property A: Repairs: Carpentry
... and so on for Property B, C, etc.

This way, I can report on income and expenses across ALL properties or across a specific property. I can track specific expenses (like looking at a property's electricity costs over time, or just utility costs as a whole.) When I do my taxes, I'm basically interested only in the Schedule E categories (Utilities, Repairs, Maintenance, etc.) but for my own analysis I can break things down further. I can also just look at things at a very high level, like total rental income vs. total rental expenses.

Just to clarify, where I have the colons (:) above, that represents a subcategory "below" the parent category.

Hope I was of some help!