7/16/2011

Quicken Essentials for Mac Review

Quicken Essentials for Mac
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(More customer reviews)
I've been using Quicken for at least 15 years. I use it in combination with a PDA that has an electronic checkbook program. When I purchased Quicken Essentials I discovered that Quicken no longer supports its own QIF data exchange format; it only supports QFX. Unfortunately, I can't find a single checkbook program for a PDA or smartphone (including iPhone and iPod Touch) that support QFX; they all support QIF. Quicken used to sell its own PocketPC version for PDAs, but they discontinued that too. So unless you intend to carry your laptop or desktop to the store with you, it's pretty useless to buy financial management software that can't exchange information.
In 2005 Apple introduced Intel-based Macs and a migration path. Intuit failed to keep step with the migration path by producing a universal binary version of Quicken for the Mac. In 2009, Apple introduced Snow Leopard, the first purely Intel Mac OS. So the clock has run out on previous, more capable versions of Quicken for Mac, and all that Intuit has to show for the last 5 years is Quicken Essentials. As Mac users move ahead with newer versions of Mac OS, Quicken is positioned to fade away with the past.
There is a very old rule in the information system business for keeping customers happy; with each new version, give your customer what they have today plus a little bit more. Intuit obviously hasn't learned that lesson, and they've just lost another customer.

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Quicken Essentials for Mac lets you view your accounts all in one place. It shows your current balance, including upcoming bills and paychecks, automatically categorizes transactions so you can see where your money's going, and helps you avoid those pesky late fees.

Personal finances made easy. Built Mac smart.
Improved--Redesigned with you in mind Quicken Essentials for Mac personal finance software makes understanding your money a snap. Our interface has been completely reimagined, resulting in an intuitive, elegant application designed by - and for - Mac users.
View a snapshot of your most important info Our easy to understand Overview gives you a snapshot of all money coming in and going out, including upcoming bills and paychecks. You can also customize budgets and goals for yourself, to help you save even more.
See all your accounts in one place View your entire financial picture in one place with Quicken Essentials for Mac. See exactly where you stand with all your accounts, such as your bank, credit cards, loans, and more!
See where your money's going Quicken Essentials for Mac automatically categorizes your transactions to show you exactly what you've been spending money on.
New--Avoid late fees and overdrafts Keep track of upcoming bills, paychecks, and your current balance so you can avoid those pesky late fees.
Transferring your data is easier than ever Quicken Essentials for Mac easily and seamlessly converts your data from all supported Quicken Mac and Windows versions - in three easy steps!
Improved--Connect to more banks than ever Quicken Essentials for Mac now downloads transactions from over 12,000 financial institutions, making it faster and easier than ever to see your whole financial picture.
100% Satisfaction Guarantee If you're not 100% satisfied, return Quicken Essentials for Mac personal finance software with your dated receipt within 60 days of purchase for a refund of the purchase price (Return shipping and handling charges not included).
Quicken data files that can be converted from Windows to Mac The following components of your Quicken for Windows data file can be converted to Quicken for Mac:
Account types that exist in both Quicken for Windows and Quicken for Mac.
Banking transactions.
Most investment transactions. For information, see Converting investment data.
Categories, classes, and securities contained within the exported transactions.

Using a Prior Version of Quicken Mac? We're very excited about the all-new Quicken Essentials for Mac. Not only does it solve the core Quicken jobs better, it also provides the ease of use and elegant user interface Mac customers have come to expect from their applications.
Quicken Mac 2007 and earlier users should note that this is a brand new product, so some of the features you've grown used to may not be included. Because we want to make sure we're providing you with the solution that best meets your needs, we've answered a few questions that can help you determine whether or not Quicken Essentials for Mac is right for you.
1. Can I track my investments? Yes, Quicken Essentials for Mac allows you to track the overall value of your investment accounts and the value of your specific holdings. It will not, however, track investment buys and sells, nor will it provide some advanced investment performance reports. If you need more more advanced investment features, try Quicken Mac 2007.
2. Can I export my data to TurboTax? Quicken Essentials for Mac does not support that capability. If you'd like that functionality, we recommend trying Quicken Mac 2007.
3. Can I pay my bills within Quicken? While you cannot pay bills within the product itself ("direct bill pay"), you can track your bills and make sure you have enough cash to pay them when they're due. A few alternatives available include using Quicken Mac 2007 or using the bill pay functionality on Quicken Bill Pay.
4. Can I transfer my data from an older version of Quicken Mac? Yes, you can transfer data from Quicken Mac 2005, 2006 and 2007.
5. Can I convert my Quicken Windows data to Quicken Essentials for Mac? Yes, it converts Quicken Windows 2007, 2008 and 2009 data.





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