Quicken Home & Business

Can you run Quicken H&B on the same computer as Quicken Deluxe? I am the treasurer for my town home association and would like to purchase H&B for them but I want to keep my personal accounts on Q D.

I suspect H&B will want to convert everything but thought I would ask.

Anybody know?

Thanks

Reply to
Mr.Jan
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Margaret I am sure will also chime in, but I didn't have any problems with that. H&B is totally separate from Q, and it won't touch your Quicken 'personal' files .

Reply to
Andrew

"Mr.Jan" wrote

Can you run Quicken H&B on the same computer as Quicken Deluxe? I am the treasurer for my town home association and would like to purchase H&B for them but I want to keep my personal accounts on Q D.

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No. Not the same year version, anyway.

Just run H&B for both uses, keeping a separate Quicken file for each purpose.

I don't need Quicken Rental Property Manager (I don't use its H&B and rental features) but it's the Quicken version I use. Works fine.

Reply to
John Pollard

You can also run multiple accounts under H&B (or any of them for that matter).

I run my personal finances, Homeowner Association and a 501(c)3 under H&B. I pay for the license. If someone else pays for the license you probably do not want to mix them for ethical reasons. Mike

Reply to
Michael Arm

I read John's reply, and I (sheepishly) realize my reply was totally wrong. I thought (incorrectly) that you were talking about Quickbooks, not QHB. Sorry! (I've used all 3 in the past and assumed you meant QB.)

Reply to
Andrew

It looks like I can use H&B and then revert back to the personal version when I pass the H&B along. Two more questions then:

  1. Do I have to have Quicken Premier or can I go back to Deluxe?
  2. Is there a demo version? I have our books set up in Q Deluxe now and it works but I understand it. My goal is to make it so the next treasurer does not need to understand the way I keep books. Not worth the if it is not that easy.

Thanks

Reply to
Mr.Jan

"Mr.Jan" wrote

It looks like I can use H&B and then revert back to the personal version when I pass the H&B along. Two more questions then:

  1. Do I have to have Quicken Premier or can I go back to Deluxe?
  2. Is there a demo version? I have our books set up in Q Deluxe now and it works but I understand it. My goal is to make it so the next treasurer does not need to understand the way I keep books. Not worth the if it is not that easy.

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You can "downgrade" to any version (except that "Starter Edition" won't convert from different year versions).

The downgrade should be virtually un-noticeable for a file that hasn't used any business features.

There's no "demo" version per se; but with the 60 day money back guarantee, no one should get stuck with a version they don't need.

Reply to
John Pollard

Hi, Mr. Jan.

John has covered the mechanics of making the "downgrade" transition. But if you are wondering about the suitability of Deluxe...

As we've discussed here several times, all the functionality of Quicken that most of us need is built into the Deluxe Edition. About all the Premier Edition adds is ADVICE, not function. On the chart on the back of the box for Deluxe it does say that Premier "Creates Schedule D tax reports for capital gains", and this might be helpful for some users. Market comparisons, continuous quotes and "tracking deductions" might interest some. Only you can decide if these are worthwhile for you. I don't need them so I stopped buying the premium versions a decade or so ago. I bought the Basic version each time until Intuit discontinued that several years ago. Now they offer nothing between Starter and Deluxe. I've never used H&B or QuickBooks.

The same general thoughts apply to TurboTax: All the functionality is built into the minimal version; few of us need more than TurboTax Basic. (Especially those of us who live in Texas and other states with no state income tax.)

RC

-- R. C. White, CPA San Marcos, TX (Retired. No longer licensed to practice public accounting.) snipped-for-privacy@grandecom.net Microsoft Windows MVP (2002-2010) (Using Quicken 2012 Deluxe R 2 and Windows Live Mail in Win7 x64)

It looks like I can use H&B and then revert back to the personal version when I pass the H&B along. Two more questions then:

  1. Do I have to have Quicken Premier or can I go back to Deluxe?
  2. Is there a demo version? I have our books set up in Q Deluxe now and it works but I understand it. My goal is to make it so the next treasurer does not need to understand the way I keep books. Not worth the if it is not that easy.

Thanks

Reply to
R. C. White

I use H&B, but I use separate files for personal versus business transactions.

One thing I do on my personal file using H&B is that I make the Cash part of my Investment Accounts appear under "Business Accounts"

I can't really explain it, but I like to see the Cash part of my Investments separate from my bank & credit union accounts.

Reply to
Bob Wang

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