Quicken being divested

LIttle to say about Money except that it's gone. It did many of the same things as Quicken, and Quicken provided a conversion process to move from Money to Quicken. Little likelihood Money is coming back.

Reply to
nobody
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Right--little likelihood it is coming back, either in its original incarnation or as a bought and repackaged Quicken. That was the point I was making in my message quoted without proper attribution above.

Reply to
Ken Blake, MVP

This is one place where Intuit's policies may have backfired on them. Being greedy on Direct Connect (with a fixed cost to Intuit) has cost them significant ongoing costs for Express Web Connect. Development of Direct Connect technology in Quicken has already been paid for with just minor ongoing maintenance costs. Express Web Connect on the other hand has significant ongoing operational and development costs. The primary revenue for Express Web Connect comes from Quicken sales and forced upgrades.

There might be enough data mining revenue in Express Web Connect to offset it's ongoing costs, but they probably need more information to make it fully useful (think Free Credit Scores and Intuit IDs to tie things together).

Stuart Barkley

Reply to
Stuart Barkley

QW2014 may be fine. QW2015 is not and may be toxic to use since any file conversion is one way. Unlike other products (moneydance) Quicken is unable to reimport it's own data export format correctly.

You should stay with QW2014. If you upgrade to QW2015 there is no way to reinstall and use it in the future without connecting to an Intuit activation server which might not exist at that time.

Stuart Barkley

Reply to
Stuart Barkley

Why not? What's wrong with it?

It is now getting close to 2016's release date, so there is no way I will go to 2015. I will probably install 2016, but as I said, I'll wait and see.

Reply to
Ken Blake, MVP

usting and lazy for wanting automatic transaction entry fits your usual der ision of anything that the majority of Q users use and depend on. Why s hould anyone spend untold amount of time entering each little dividend/inte rest/sales/buys transaction from multiple accounts into Quicken manually? Yes, occasionaly there are oddball stock split and spinoffs that Quicken do esn't handle well, but for 95% of the rest, I can accomplish it in 5 minute s. And updating my charge accounts manually would be a nightmare. I would i ntroduce more errors putting them in quicken manually, and properly categor izing them, than the Quicken could ever introduce. Data entry is a time w aster, and an archaic approach to financial management. With Q I know exa ctly how much of my income has come from each category of my investing/spen ding and can compare it to previous time periods at any point. You think I want to type all that into a spreadsheet every month? Turn a one step pr ocess into multiple error prone steps? What possible advantage is there to moving backwards in user capability?

devices if you accept transaction input from financial institutions? You paranoia in the face of years of us doing exactly what you deride is incomp rehensible.

Hi Jo, Thank you for your thoughtful response to my expression of concern about wh at may or may not happen with Quicken. Your words more than make up for the uncivil and venomous reply I initially received from another member of the group. JD

Reply to
JD Quicken 2015 H&B

Many years ago Intuit published Quicken Medical Expense Manager (QMEM), whi ch I found out was ideal (for us) to keep track and manage medical expenses , insurance company claims and reimbursements, etc. Couple of years later t hey abandoned the software, and stopped any vestige of support few years ag o, focusing on large insurance company adoption of a product the companies could offer their customers. Don't know where that went but think effort fa iled.

And QMEM? No support, no updates. Works using MS .NET 1. BUT it still works fine (again, for us), so we just trudge along with over ten years of medic al history for me and my wife..

Reply to
Al

I still have a version of Money (sunsetted) running on my Vista PC for one account I never chose to convert to Quicken since there is just one checking account with 5 checks written and one deposit each month. I can live without on line access. Does some things better (or I liked better)

Reply to
Jim

Jim wrote: > ...

Less this becomes a prevailing attitude ("I can live without on line access), here's my contrary opinion:

(a) the ability to download transactions (99% of which are accurate and FAR easier than entering everything manually) (b) auto-reconciliation of those accounts once downloaded (without any further intervention) and (c) online security price updates

are all absolutely imperative to me.

I maintain 7 Quicken accounts (5 for family, 2 for NPOs I do the books for) and this news is absolutely terrible.

Strange we haven't seen Mr. Pollard chime in yet. Perhaps he's doing his business plan to purchase the rights of Q from Intuit and, with RC White's assistance in the financial aspects (despite his oft-cited claim that he is retired), will be forming a LLC to bail us out?

Reply to
Andrew

} Discussion of Quicken alternatives here: } }

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Except for gnucash the comparisons don't say much about the various program's ability to connect to banks to download transactions and provide bill pay.

/b\

Reply to
Bernie Cosell

Anybody here have any experience with any if these alternatives? If so, I'd appreciate hearing from you and your telling us how it compares with Quicken, especially regarding Bernie's comment about downloading transactions and providing bill pay.

Reply to
Ken Blake, MVP

If you have multiple accounts over many years, as I do, none of the alternatives will do a proper import and if you do an import the files will be so FUBAR that the only alternative is to delete them and manually enter everything. With thousands of entries that's not an option.

Summary, sorry to say it but for me there is no Quicken alternative yet but I'm hopeful...

My solution will probably be pick one and create ONE account for checking, and then use the broker's web pages to track all other accounts.

Reply to
XS11E

Thanks. Your answer is disappointing, but if that's the way it is...

Reply to
Ken Blake, MVP

No reason not to give some of the free ones a trial, if your Quicken files are such that the import works or partially works you may be OK.

It's worth the time IMHO and may your luck be better than mine!

Reply to
XS11E

Thanks. I may do as you suggest, but not yet. I'll wait and see what happens with Quicken. If there was never another version of Quicken but the current one continued to download transactions and provide bill pay, I'd be a happy camper.

Reply to
Ken Blake, MVP

[Qkn 15 Dlx, Vista Ultimate 32-bit SP2] One issue raised earlier is the problem of connecting to Intuit in order to reinstall Quicken 15 should you change platforms.

A second issue not mentioned earlier is the quandary facing Quicken Mobile users. While in many posts I was derisive of use of "The Cloud", another po ster reached a solution, which I followed, of setting up only cash accounts and when transactions downloaded to desktop, move them to appropriate real accounts, including credit card ones.

This is turning into the experience of pet lovers facing replacement after beloved pet's life cycle runs through to end. My dog never fetched the news paper, let alone data from the bank, but you get the drift.....

Reply to
Al

Why not do what MS did with Office? Make it a subscription model. They must have discussed it, one would think.

Reply to
Kobac

On Sat, 19 Sep 2015 18:16:33 -0400, Kobac wrote in :

I tend to agree. We pay $100 per year for up to 5 copies of MS Office

365 Home Edition which includes Word, Excel, Outlook, Publisher, PowerPoint, Access, and OneNote.

When we got it, it was Office 2013. When 2016 was released, we were invited to upgrade with no special cost, just keep paying $100 / year (I presume this will go up...).

Reply to
Jim Nugent

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