Does Quicken support a means of uploading accounts and transaction data to a server? I want to manage my Mom's finances in a manner that other family members can view them. I assume I'll download most transaction data from banks and brokers into a file on my personal computer, and that file would sync with the content on the web. Being able to enter transactions from the web, and those sync back to my personal computer, would be nice but not necessary.
Please don't reply about what a terrible idea this is for security reasons. I know the issues. I'm just asking if Quicken does what I ask. I don't have it and am considering purchase if it does what I'm asking about.
Reasonably good start; but the assumption requires that your particular fi's offer downloads to Quicken ... not all do.
Yes, Quicken can do this; but only at the account level. No transactions can be uploaded to Quicken.com (the web site where this all takes place).
And while you can get most account balances correct at Quicken.com; you will not be able to do so for any investment account that holds securities whose prices can not be gotten via Intuit's (indirect) quote servers (like bonds, for example).
"Chris Cowles" wrote in news:5eb3h.1933$ snipped-for-privacy@bignews4.bellsouth.net:
I think that what you want can be done in at least 2 of rather roundabout ways.
You can upload much of your data to quicken.com, I fairly sure. Then, since you're not worried about security, you can share your userid and password with whomever you want. I think that would be stupid (with all due respect), but it could be done. Just realize that it may (an implied caveat) give others the ability to act on the accounts, whether you desire so, or not.
An alternative is to generate reports from within Quicken that reflect Mom's finances at whatever moment you choose. That includes transaaction reports, showing what has happened over time in the account. Reports can be memorized, so that it would take very little effort to generate monthly or weekly reports. For instance "year-to-date" reports. You could then print the reports to pdf from within Quicken (if I'm not mistaken), and share the files so generated by email or by posting them to a website.
I wouldn't do any of this, because of security reasons, but you can do whatever you want to. Just make sure you're not committing fraud or enabling fraud. To me doing what you want to do is (with all due respect) an invitation for someone to commit identity theft. You will be the one who will be responsible for whatever will go wrong, and your family members will most likely never thank you, just complain about whatever you did. If you do want to go ahead, talk to a lawyer, and make sure that your family members sign waivers, or whatever the lawyer suggests.
Just my view, and I have absolutely no legal experience whatsoever. I'm a biochemist. Oh, yeah, personally I never had problems, but I was very careful to give full disclosure to sister and parents and only give suggestions. Only when given the OK did I act.
The only people who would have online access to the accounts are my brother and my Mom. It's my Mom's money. She can do whatever she wants with it. And my brother and myself already are signatories on all of the accounts, so we can do that, anyway. Putting it online simply makes it more transparent.
Like I said, I'm fully aware of the security issues. I also didn't say I was going to do it. I asked whether it was possible.
"Chris Cowles" wrote in news:iyc3h.5935$ snipped-for-privacy@bignews6.bellsouth.net:
I hope you were not offended, since offending was not at all my intention. Also, I wasn't really asking for your explanation, though I now more fully understand.
The real reason for my rant was that this is a very public forum, and some people may be less scrupulous than you, and trick people into revealing information that could be "misused".
Also look into spreadsheet conversions. Quicken is able to print to spreadsheet files. Formerly also called csv (comma separated value files), 2006 calls them "tab-delimited" files. The other possibility is prn files, which I don't think are really different except for the extension. These files can then be examined, manipulated, printed, whatever in any spreadsheet program. I wish I had gotten my father a computer when he was ready for it. It may have stimulated his thinking, since he liked math. I would suggest making your original files read- only, so they would remain unchanged, but can be "saved as" with a new file name.
Use of the term "stupid", even "(with all due respect)" shows disrespect for the person to whom you're replying. Why would it surprise you if someone took offense?
My original question specifically stated that I did not want advice regarding sharing information on the web. As an MVP on the Microsoft Money forum, I'm fully aware of the potential risks. I simply want to know if Quicken supports that, because my brother already uses Quicken and Money no longer synchronizes web data from a personal computer file as completely as it used to. As Quicken's web sharing function does not display transaction details, we'll end up going to the individual bank web sites to get that information, anyway.
I'll probably use Money to track the data and display it on MSN where my Mom already has an account. I can add my brother as a sub-account of my Mom's MSN account, and grant access to the data. My Mom's still going to get the paper statements. I'm going to update it by download. My goal is to help her now and to have a system in place for managing her finances when she no longer can, or chooses not to.
Thanks for your time and apparent good intentions.
"Chris Cowles" wrote in news:p1q3h.4541$ snipped-for-privacy@bignews1.bellsouth.net:
I apologize if I offended you personally. As an MVP you are indeed aware of the risks. Apparently, my tendency to be too blunt got me into trouble again.
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