I just bought Quicken 2008 Deluxe so I could upgrade my financial software from an envelope software.
One feature in Quicken that caught my eye was the RollOver reserve because it looks like it might operate like an envelopes-based money management.
Essentially what isn't spent in one month rolls over to the next in the budget. THAT is what I've needed for quite some time.
So, is anyone using it and how's it working so far?
Glenn
My recommendation at this point is do what you are doing today. What I would hope you would do is try parts of the software and only download (manual entry) what you need to evaluate before you spend a lot of time "dumping" transactions into Quicken. For example - look a your Broker - understand how he downloads - and then make a decision how... The problems - if they are problems - are not necessarily Quicken - but they are how your FINANCIAL PARNTER chose to implement a standard (IMHO if it is optional it is not a standard). Just do things one by one. Make notes and ask questions. Search this newsgroup through Google and you will likely find an answer. After a couple of months you can decide if you want to go with Quicken - make a decision before your money back expires. I basically am a Quicken user since Version 5. Prior to that I used Money and others. I did try Money 2005 for six months and I have paid a price when I converted back.
So simple.... if are interested in downloading. Set-up a few accounts and watch and understand. Run reports to see if they are what you expect.
When you have made a decision to go with Quicken - trash what you have done and then start setting up.
So how does that differ from looking at a year-to-date budget report? True, a year-to-date budget report effectively resets the rollover to zero at year end, but that's fine with me. While I'm interested in anything that eases budget management, I'm not sure what this feature actually offers.
I'd appreciate any thoughts.
Guy
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