Is it time to upgrade to Quicken 2007?

"Don" wrote

I can't be much help on Q2007, I don't have it; though I may get it later. And it's too early for me to tell how much of the complaining is due to significant problems. My general advice - for any version of Quicken - is to wait until some of the bugs usually found in the first release have been fixed. One new feature that promises to be of significant benefit to those that download is the ability to download web connect accounts using One Step Update.

I agree on the new web connect download. That will be nice and a time saver.

Don:

1) I second John's mention of Express Web Connect, which allows Web Connect accounts to be downloaded with One Step Update. BEST new feature.

2) Q2007 also has improved memory management, Q2006 would choke on my 21st User ID with One Step Update, but Q2007 happily downloads 31 User IDs so far. The extra IDs are Web Connects that are now downloaded with One Steup Update. Pretty nifty ;-)

Bob

Thanks, Don

One new

I don't want to get too far off thread but I have been automatically downloading transactions from multiple FI's with Q2005 for a few years. These FI's are both banks and investment accounts and they have been trouble free. I have been using Quicken Bill pay since it was first offered (using Checkfree) with DOS Quicken. I appears that Q2007 won't have to much to offer as far as transaction downloads go.

One feature that Quicken Bill Pay has (which I just discovered) is the ability to transfer funds between banks at no charge. We have just moved from Texas to Vermont and I was concerned with the difficulty of moving funds from Chase in Texas the Credit Union here in Vermont. Quicken (and bill pay) makes this a very simple task. Finally, I don't use my banks bill paying features since I found it easier to do "one step bill pay" in Quicken. Enter the transaction, (with an appropriate payment date), click send, then wait for the transaction to clear the bank. Granted, Quicken Bill Pay has a monthly charge but the ease of managing money with this feature more then pays it.

Thanks Marty

I get everything you just mentioned for free from US Bank. We pay all our bills via Quicken not the bank's website. Granted we can't transfer funds from Bank A to Bank B via Quicken but then again we don't have a Bank B. Just a lot of investment accounts, etc.

Don: I upgraded from QD2002 to QP2007. So far, so good. It's great to have the update feature after having been sunset for over a year. I have had a problem with the One Step Update overwhelming my CPU and crashing Quicken; I'm hoping that there will be a fix for that or I'll figure out why that's happening. Still, I can update everything through the One Step Update - I just have to input my passwords in each FI listedeach time. That's a hassle, but a small one. I don't know if you need to upgrade (I don't do that every year, as you can see), but this has been a good upgrade for me so far. Bill

You shouldn't have to type in the password each time for each FI in one step update. Use the PIN vault and then just have a master password for the vault and let Quicken remember all the other passwords.

I'll update because I'm a strong supporter of this software albeit Quickens isn't a 50 person company anymore. And I usually like the new features and for the whopping $55 or so for Quicken H&B why not.

Don

I have been running Q07 thru the paces for about a week. I normally upgrade for any little feature improvement. Sorry, Q06 just doesn't provide me anything that Q06 didn't already have. I am going to take advantage of the

They've sent an offer to upgrade through them and to get a copy of Quicken Willmaker for free. This is aka Nolo Willmaker which has gotten some very good reviews. Although upgrading through Intuit is usually more expensive, it might be worth it to get Willmaker.

Has anyone tried Willmaker? How does it do on the medical proxy type stuff?

Louise

louise wrote: .

I have used Willmake for a couple of years and found it an excellent product. I have done it for my wife and I and her parents making both wills and living trusts. Thankfully I have not yet seen how any of these documents hold up, but it was easy enough to do. I would, however, suggest buying the companion Nolo book on the topic so that you can feel some confidence in what you are doing.

I would suggest you buy it direct from Nolo. Its still branded Quicken, but at least Nolo gets a little more revenue out of it...

Louise - Personally I would never trust something as important as a will to software unless you don't have a lot to leave. This is one of those times hiring an estate planning attorney is worth the time and money. The laws are very complicated and are different for every state. None of these packages take into consideration tax avoidance etc. And no I'm not a lawyer.

Don

I'm very happy with it, and I just upgraded my Dad's computer with it. He's gunshy about change but liked it immediately, especially the improvements to OSU and the simplified backup to CDR.

Regards,

Margaret

You didn't specify if your version is for the Mac or the PC. I'm currently using Quicken for Mac 2004 and would love to upgrade to the

2007 version BUT, and I've been complaining to Intuit/Quicken about this for several years, the Investing part of Quicken for Mac doesn't differentiate between "Divdends" and "Qualified Dividends"! They are treated differently taxwise. As soon as Quicken includes this capability I'll buy a new version. In many cases the following year version just adds more "eye-candy" and "bells & whistles".

The Win version also does not differentiate these dividends. I get around this by using my own custom dividend categories.

Am sure that immediately after Quicken does incorporate this feature, our 'wise leaders' in DC will eliminate this from the tax codes. Note that the income drop-down menu still includes a slot to enter long gone mid-term cap gains distribution for example.