Comments on: 10 Improvements I’d Like to See in Quicken 2008 (And a Giveaway) http://www.consumerismcommentary.com/2007/05/16/10-improvements-id-like-to-see-in-quicken-2008-and-a-giveaway/ A premiere personal finance blog, established 2003. Within, Flexo discusses his own experiences with money, and he and other authors comment on a wide range of personal finance topics. Sun, 08 Nov 2009 07:50:42 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: Liz http://www.consumerismcommentary.com/2007/05/16/10-improvements-id-like-to-see-in-quicken-2008-and-a-giveaway/#comment-185768 Liz Thu, 06 Nov 2008 14:53:43 +0000 http://www.consumerismcommentary.com/2007/05/16/10-improvements-id-like-to-see-in-quicken-2008-and-a-giveaway/#comment-185768 I would like to get Quicken. I have plans to start up a business in 2009 and need quicken by the new year so my accounting person can learn how to use it. Hopefully it will work for a dog kennel/ranch enviroment. It is so expensive that I would really like to win one. I would like to get Quicken. I have plans to start up a business in 2009 and need quicken by the new year so my accounting person can learn how to use it. Hopefully it will work for a dog kennel/ranch enviroment. It is so expensive that I would really like to win one.

]]> By: Jim http://www.consumerismcommentary.com/2007/05/16/10-improvements-id-like-to-see-in-quicken-2008-and-a-giveaway/#comment-143424 Jim Wed, 09 Apr 2008 23:51:05 +0000 http://www.consumerismcommentary.com/2007/05/16/10-improvements-id-like-to-see-in-quicken-2008-and-a-giveaway/#comment-143424 Have used Quicken for over ten years and purchased the 2008 upgrade in mid March. I have had 2 corruptions of the data in the last two weeks. (I am the only user of the PC and there have been no changes other than the upgrade). The last re verification lost considerable data. Beware. I'm going back to 2007 since I've made very few entries so little time lost at this point. Something is very much wrong. Have used Quicken for over ten years and purchased the 2008 upgrade in mid March. I have had 2 corruptions of the data in the last two weeks. (I am the only user of the PC and there have been no changes other than the upgrade). The last re verification lost considerable data.

Beware. I’m going back to 2007 since I’ve made very few entries so little time lost at this point. Something is very much wrong.

]]> By: debbie http://www.consumerismcommentary.com/2007/05/16/10-improvements-id-like-to-see-in-quicken-2008-and-a-giveaway/#comment-136866 debbie Fri, 15 Feb 2008 01:41:00 +0000 http://www.consumerismcommentary.com/2007/05/16/10-improvements-id-like-to-see-in-quicken-2008-and-a-giveaway/#comment-136866 So you aren't having a problem with quicken downloading transactions more than once? Whenever I update my bank accounts, it seems some of the transactions are literally downloaded twice, and if I don't go thru and check each one I end up with a really wrong balance! Can't seem to make it work for me. Plus I use paypal for 90% of my business transactions and that is a complete disaster with the auto update in quicken. It just does not work! I'm very disappointed b/c reading the quicken box, this software was what I needed- but it just doesn't seem to do what it said it could. So you aren’t having a problem with quicken downloading transactions more than once? Whenever I update my bank accounts, it seems some of the transactions are literally downloaded twice, and if I don’t go thru and check each one I end up with a really wrong balance!

Can’t seem to make it work for me.
Plus I use paypal for 90% of my business transactions and that is a complete disaster with the auto update in quicken. It just does not work! I’m very disappointed b/c reading the quicken box, this software was what I needed- but it just doesn’t seem to do what it said it could.

]]> By: Sput http://www.consumerismcommentary.com/2007/05/16/10-improvements-id-like-to-see-in-quicken-2008-and-a-giveaway/#comment-134587 Sput Mon, 28 Jan 2008 03:33:08 +0000 http://www.consumerismcommentary.com/2007/05/16/10-improvements-id-like-to-see-in-quicken-2008-and-a-giveaway/#comment-134587 I would like to see a straight forward method for tracking annuities. Also can the Mac 2007 version be improved to the look and feel of the PC version? The converting/ importing from Windows to Mac COULD definitely be revised. I lost the historical mortgage data with the conversion along with bring forward data inaccurately for my credit card accounts creating a major problems with the checking account payments. I would like to see a straight forward method for tracking annuities.
Also can the Mac 2007 version be improved to the look and feel of the PC version? The converting/ importing from Windows to Mac COULD definitely be revised. I lost the historical mortgage data with the conversion along with bring forward data inaccurately for my credit card accounts creating a major problems with the checking account payments.

]]> By: ChristianPF http://www.consumerismcommentary.com/2007/05/16/10-improvements-id-like-to-see-in-quicken-2008-and-a-giveaway/#comment-133631 ChristianPF Wed, 23 Jan 2008 18:08:05 +0000 http://www.consumerismcommentary.com/2007/05/16/10-improvements-id-like-to-see-in-quicken-2008-and-a-giveaway/#comment-133631 every couple years or so I give money and quicken a try - but like your point #2 - I still have not been able to get the entire process automated. Last time, it was because they didn't have my credit union listed. So, I will probably give it another go in 2008 to see if they have gotten to a completely automated process where I will not have to type any transactions in - we shall see... every couple years or so I give money and quicken a try – but like your point #2 – I still have not been able to get the entire process automated. Last time, it was because they didn’t have my credit union listed. So, I will probably give it another go in 2008 to see if they have gotten to a completely automated process where I will not have to type any transactions in – we shall see…

]]> By: Sam http://www.consumerismcommentary.com/2007/05/16/10-improvements-id-like-to-see-in-quicken-2008-and-a-giveaway/#comment-133024 Sam Thu, 17 Jan 2008 14:19:53 +0000 http://www.consumerismcommentary.com/2007/05/16/10-improvements-id-like-to-see-in-quicken-2008-and-a-giveaway/#comment-133024 I depend very heavily on Quicken to track my net worth and retirement. Overall, I like the software and it saves me a lot of time. Here are the things I do not like: - That they charge for BillPay. Since I pay for the software and for upgrades regularly, I don't see why I should pay another recurring charge. So I pay bills through my bank which is free. - The downloads tend to be problematic. I often run into issues when my bank posts the transactions a day later than my mutual fund account. The placeholder transaction generation functionality is very poor and almost always gets it wrong. With my bank and my credit union I have ongoing download issues although it works like a charm with my credit cards. - I agree with the person that restricted stocks and performance unit tracking is sub-standard. - I don't like the reporting interface at all especially reporting investing returns. - I also agree that the performance is way too slow for this day and age. The UI is non-standard and chews up too much real estate. I depend very heavily on Quicken to track my net worth and retirement. Overall, I like the software and it saves me a lot of time. Here are the things I do not like:

- That they charge for BillPay. Since I pay for the software and for upgrades regularly, I don’t see why I should pay another recurring charge. So I pay bills through my bank which is free.

- The downloads tend to be problematic. I often run into issues when my bank posts the transactions a day later than my mutual fund account. The placeholder transaction generation functionality is very poor and almost always gets it wrong. With my bank and my credit union I have ongoing download issues although it works like a charm with my credit cards.

- I agree with the person that restricted stocks and performance unit tracking is sub-standard.

- I don’t like the reporting interface at all especially reporting investing returns.

- I also agree that the performance is way too slow for this day and age. The UI is non-standard and chews up too much real estate.

]]> By: Paul Lebo http://www.consumerismcommentary.com/2007/05/16/10-improvements-id-like-to-see-in-quicken-2008-and-a-giveaway/#comment-119018 Paul Lebo Wed, 19 Sep 2007 15:56:23 +0000 http://www.consumerismcommentary.com/2007/05/16/10-improvements-id-like-to-see-in-quicken-2008-and-a-giveaway/#comment-119018 I agree withe the person that previously complained about MS Money and Quicken desired file format, having to obtain from the banks the data directly and paying a ridiculous charge for it, probably because MS and Intuit are charging royalty fees to the banks. I agree withe the person that previously complained about MS Money and Quicken desired file format, having to obtain from the banks the data directly and paying a ridiculous charge for it, probably because MS and Intuit are charging royalty fees to the banks.

]]> By: Ken Kolano http://www.consumerismcommentary.com/2007/05/16/10-improvements-id-like-to-see-in-quicken-2008-and-a-giveaway/#comment-118758 Ken Kolano Wed, 12 Sep 2007 00:27:36 +0000 http://www.consumerismcommentary.com/2007/05/16/10-improvements-id-like-to-see-in-quicken-2008-and-a-giveaway/#comment-118758 I keep waiting for US Savings Bond support. I have a slew of them from my youth, and tracking them in Quicken currently is a major pain. It's extra annoying now since they make up such a small part of my portfolio, but its seems to be as hard to keep track of them as it was To do so, one must enter each as a separate security, add each again in an account, then enter each yet again into the US Treasury's Savings Bond Calculator, then enter value data for each security, then possibly a go through again to add additional entries for each if a reasonable recent history is desired (i.e. not have a large unrealistic jump at the time values are entered). It would seem so simple for Quicken to just understand the few different bond types and the rules for each to automate all the above to a single set of entries based simply on purchase date and ammount. I keep waiting for US Savings Bond support. I have a slew of them from my youth, and tracking them in Quicken currently is a major pain. It’s extra annoying now since they make up such a small part of my portfolio, but its seems to be as hard to keep track of them as it was

To do so, one must enter each as a separate security, add each again in an account, then enter each yet again into the US Treasury’s Savings Bond Calculator, then enter value data for each security, then possibly a go through again to add additional entries for each if a reasonable recent history is desired (i.e. not have a large unrealistic jump at the time values are entered).

It would seem so simple for Quicken to just understand the few different bond types and the rules for each to automate all the above to a single set of entries based simply on purchase date and ammount.

]]> By: Alex http://www.consumerismcommentary.com/2007/05/16/10-improvements-id-like-to-see-in-quicken-2008-and-a-giveaway/#comment-118726 Alex Fri, 07 Sep 2007 16:19:45 +0000 http://www.consumerismcommentary.com/2007/05/16/10-improvements-id-like-to-see-in-quicken-2008-and-a-giveaway/#comment-118726 After Wachovia started charging me $6 for the downloads, I switched to ING Direct. It is free, quicken-friendly, AND pays 4% on checking After Wachovia started charging me $6 for the downloads, I switched to ING Direct. It is free, quicken-friendly, AND pays 4% on checking

]]> By: be http://www.consumerismcommentary.com/2007/05/16/10-improvements-id-like-to-see-in-quicken-2008-and-a-giveaway/#comment-118142 be Thu, 16 Aug 2007 19:33:21 +0000 http://www.consumerismcommentary.com/2007/05/16/10-improvements-id-like-to-see-in-quicken-2008-and-a-giveaway/#comment-118142 I would like to see better support for e bills/Statements. All my e-bills get logged online with my bank, but Quicken does not recognize them. I have to set up transactions in Quicken, but some bills do not come at the same time each month so i always changing due dates. BofA is getting close to having most functionality of Quicken online with their My Portfolio feature. Now if they can clean up their interface online I may switch only to using my bank. I just need one stop shopping for my finances. i do not want to go between different applications. I would like to see better support for e bills/Statements. All my e-bills get logged online with my bank, but Quicken does not recognize them. I have to set up transactions in Quicken, but some bills do not come at the same time each month so i always changing due dates.

BofA is getting close to having most functionality of Quicken online with their My Portfolio feature. Now if they can clean up their interface online I may switch only to using my bank.

I just need one stop shopping for my finances. i do not want to go between different applications.

]]> By: WerewolfTA http://www.consumerismcommentary.com/2007/05/16/10-improvements-id-like-to-see-in-quicken-2008-and-a-giveaway/#comment-115910 WerewolfTA Tue, 19 Jun 2007 16:03:22 +0000 http://www.consumerismcommentary.com/2007/05/16/10-improvements-id-like-to-see-in-quicken-2008-and-a-giveaway/#comment-115910 I know the contest is closed, but I wanted to chime in anyway. I definitely miss #4 from Money. If Money hadn't dropped pocketpc support, I might very well still be with them. Maybe not, though. I didn't like the changes from 2004 to 2005. I know the contest is closed, but I wanted to chime in anyway. I definitely miss #4 from Money. If Money hadn’t dropped pocketpc support, I might very well still be with them. Maybe not, though. I didn’t like the changes from 2004 to 2005.

]]> By: Bean http://www.consumerismcommentary.com/2007/05/16/10-improvements-id-like-to-see-in-quicken-2008-and-a-giveaway/#comment-112550 Bean Sun, 10 Jun 2007 20:06:08 +0000 http://www.consumerismcommentary.com/2007/05/16/10-improvements-id-like-to-see-in-quicken-2008-and-a-giveaway/#comment-112550 Recently financial institutions had to add multilevel authentication. Intuit has not caught which makes the pin vault and automatic download useless. I hope this is addressed in 2008's version. Recently financial institutions had to add multilevel authentication. Intuit has not caught which makes the pin vault and automatic download useless. I hope this is addressed in 2008’s version.

]]> By: Cash Money Life - A Personal Finance Blog with a Salute to the Military » I Won Quicken Premier 2007 from Consumerism Commentary! http://www.consumerismcommentary.com/2007/05/16/10-improvements-id-like-to-see-in-quicken-2008-and-a-giveaway/#comment-103982 Cash Money Life - A Personal Finance Blog with a Salute to the Military » I Won Quicken Premier 2007 from Consumerism Commentary! Sat, 26 May 2007 00:18:03 +0000 http://www.consumerismcommentary.com/2007/05/16/10-improvements-id-like-to-see-in-quicken-2008-and-a-giveaway/#comment-103982 [...] Premier 2007 from Consumerism Commentary! By Patrick Flexo from Consumerism Commentary just held a contest where he solicited suggestions for improvements to Quicken 2008, which should be released in a few months. The prize was a copy of Quicken Premier 2007. I received [...] [...] Premier 2007 from Consumerism Commentary! By Patrick Flexo from Consumerism Commentary just held a contest where he solicited suggestions for improvements to Quicken 2008, which should be released in a few months. The prize was a copy of Quicken Premier 2007. I received [...]

]]> By: » Congratulations to Patrick, Winner of Quicken Premier 2007 on Consumerism Commentary: A Personal Finance Blog http://www.consumerismcommentary.com/2007/05/16/10-improvements-id-like-to-see-in-quicken-2008-and-a-giveaway/#comment-103967 » Congratulations to Patrick, Winner of Quicken Premier 2007 on Consumerism Commentary: A Personal Finance Blog Fri, 25 May 2007 23:35:00 +0000 http://www.consumerismcommentary.com/2007/05/16/10-improvements-id-like-to-see-in-quicken-2008-and-a-giveaway/#comment-103967 [...] to everyone who had suggestions for the next version of Quicken. Now, I’m sure the software architects and programmers don’t read the site, and [...] [...] to everyone who had suggestions for the next version of Quicken. Now, I’m sure the software architects and programmers don’t read the site, and [...]

]]> By: Flexo http://www.consumerismcommentary.com/2007/05/16/10-improvements-id-like-to-see-in-quicken-2008-and-a-giveaway/#comment-103753 Flexo Fri, 25 May 2007 03:28:14 +0000 http://www.consumerismcommentary.com/2007/05/16/10-improvements-id-like-to-see-in-quicken-2008-and-a-giveaway/#comment-103753 This contest is now closed! The winner will be announced tomorrow. Please feel free to keep commenting and adding your thoughts for Quicken 2008. This contest is now closed! The winner will be announced tomorrow. Please feel free to keep commenting and adding your thoughts for Quicken 2008.

]]> By: Tim http://www.consumerismcommentary.com/2007/05/16/10-improvements-id-like-to-see-in-quicken-2008-and-a-giveaway/#comment-102643 Tim Wed, 23 May 2007 18:43:47 +0000 http://www.consumerismcommentary.com/2007/05/16/10-improvements-id-like-to-see-in-quicken-2008-and-a-giveaway/#comment-102643 What I'd like to see is a return of the older investment entering format. I used to be able to enter "On 5/23/2007, I invented $1 in XYZ fund." It would handle the rest of the entry (how many shares, etc) by itself and I could then tweak them for whatever rounding was used by the fund company. After I upgraded to 2006 (and I assume 2007 is still the same), I have to enter each iota of info for each purchase and it has made my automatic investments a pain to enter without signing into my fund account to get all the details. It seems like it went BACKWARDS (or did I goof an option up that I'm missing now?!?) on usuability. FIX IT for 2008, In-twit! What I’d like to see is a return of the older investment entering format. I used to be able to enter “On 5/23/2007, I invented $1 in XYZ fund.” It would handle the rest of the entry (how many shares, etc) by itself and I could then tweak them for whatever rounding was used by the fund company. After I upgraded to 2006 (and I assume 2007 is still the same), I have to enter each iota of info for each purchase and it has made my automatic investments a pain to enter without signing into my fund account to get all the details. It seems like it went BACKWARDS (or did I goof an option up that I’m missing now?!?) on usuability. FIX IT for 2008, In-twit!

]]> By: KjellMS http://www.consumerismcommentary.com/2007/05/16/10-improvements-id-like-to-see-in-quicken-2008-and-a-giveaway/#comment-102453 KjellMS Wed, 23 May 2007 12:34:14 +0000 http://www.consumerismcommentary.com/2007/05/16/10-improvements-id-like-to-see-in-quicken-2008-and-a-giveaway/#comment-102453 One item that I miss that is not on the list is the ability to use dual dates. One for the actual transaction, and one for reporting. For the most parts, those dates will be the same, but there are instances where you make a payment in one month, but want to report in a different month. Rent is one example. I would also like to see a more robust currency support. When a transaction is recorded in a different currency than the original one, it gets converted with the rate currently in use. If the rate is changing, all of the previous recorded transactions stays the same (and do not change with the updated currency conversion)... But, I guess those two might not be mainstream requests.. :-) One item that I miss that is not on the list is the ability to use dual dates. One for the actual transaction, and one for reporting. For the most parts, those dates will be the same, but there are instances where you make a payment in one month, but want to report in a different month. Rent is one example. I would also like to see a more robust currency support. When a transaction is recorded in a different currency than the original one, it gets converted with the rate currently in use. If the rate is changing, all of the previous recorded transactions stays the same (and do not change with the updated currency conversion)… But, I guess those two might not be mainstream requests.. :-)

]]> By: Crys http://www.consumerismcommentary.com/2007/05/16/10-improvements-id-like-to-see-in-quicken-2008-and-a-giveaway/#comment-102411 Crys Wed, 23 May 2007 11:11:37 +0000 http://www.consumerismcommentary.com/2007/05/16/10-improvements-id-like-to-see-in-quicken-2008-and-a-giveaway/#comment-102411 I use MS Money that came with a Dell I bought in like 2001. So it's an older version but it works fantastic for what I use it for. It doesn't connect to the internet very well, but I use it for personal transactions much like a check register. However Quicken seems to be the most beneficial for my church, which is in dire need of a financial software right now. We originally were looking for Quicken for Non-Profits, but after looking at some reviews, it differs very little from normal Quicken, just a few name changes. I use MS Money that came with a Dell I bought in like 2001. So it’s an older version but it works fantastic for what I use it for. It doesn’t connect to the internet very well, but I use it for personal transactions much like a check register.

However Quicken seems to be the most beneficial for my church, which is in dire need of a financial software right now. We originally were looking for Quicken for Non-Profits, but after looking at some reviews, it differs very little from normal Quicken, just a few name changes.

]]> By: Dawn http://www.consumerismcommentary.com/2007/05/16/10-improvements-id-like-to-see-in-quicken-2008-and-a-giveaway/#comment-102306 Dawn Wed, 23 May 2007 07:17:14 +0000 http://www.consumerismcommentary.com/2007/05/16/10-improvements-id-like-to-see-in-quicken-2008-and-a-giveaway/#comment-102306 I wonder if some of problems were because I was using Quicken for Mac. I wonder if some of problems were because I was using Quicken for Mac.

]]> By: Dawn http://www.consumerismcommentary.com/2007/05/16/10-improvements-id-like-to-see-in-quicken-2008-and-a-giveaway/#comment-102304 Dawn Wed, 23 May 2007 07:13:22 +0000 http://www.consumerismcommentary.com/2007/05/16/10-improvements-id-like-to-see-in-quicken-2008-and-a-giveaway/#comment-102304 I used Quicken for a while but stopped because it felt like too much work. I couldn't automatically download information from all of my banks and creditors so I had to download files and import them (often creating duplicates). And then I needed to categorize all the entries in order to produce reports with any value. This year I want to become more in control of my personal finances so I may return to Quicken. I just wish it didn't feel like such a chore. I used Quicken for a while but stopped because it felt like too much work. I couldn’t automatically download information from all of my banks and creditors so I had to download files and import them (often creating duplicates). And then I needed to categorize all the entries in order to produce reports with any value.

This year I want to become more in control of my personal finances so I may return to Quicken. I just wish it didn’t feel like such a chore.

]]> By: Matt M http://www.consumerismcommentary.com/2007/05/16/10-improvements-id-like-to-see-in-quicken-2008-and-a-giveaway/#comment-101970 Matt M Tue, 22 May 2007 17:54:38 +0000 http://www.consumerismcommentary.com/2007/05/16/10-improvements-id-like-to-see-in-quicken-2008-and-a-giveaway/#comment-101970 I couln't agree with #7 more, why not support the new QFX format and the old QIF format? Dropping the QIF format all together just looks greedy. If the added flexibility of the QXF format is a compelling feature, it will sell itself. I couln’t agree with #7 more, why not support the new QFX format and the old QIF format? Dropping the QIF format all together just looks greedy. If the added flexibility of the QXF format is a compelling feature, it will sell itself.

]]> By: Derek Basch http://www.consumerismcommentary.com/2007/05/16/10-improvements-id-like-to-see-in-quicken-2008-and-a-giveaway/#comment-101951 Derek Basch Tue, 22 May 2007 17:18:59 +0000 http://www.consumerismcommentary.com/2007/05/16/10-improvements-id-like-to-see-in-quicken-2008-and-a-giveaway/#comment-101951 I tried out Quicken a few years back but I am just to lazy to use anything beyond my cell phone. So, I now track my finances on my phone only. I tried out Quicken a few years back but I am just to lazy to use anything beyond my cell phone. So, I now track my finances on my phone only.

]]> By: Ryan http://www.consumerismcommentary.com/2007/05/16/10-improvements-id-like-to-see-in-quicken-2008-and-a-giveaway/#comment-101863 Ryan Tue, 22 May 2007 14:48:25 +0000 http://www.consumerismcommentary.com/2007/05/16/10-improvements-id-like-to-see-in-quicken-2008-and-a-giveaway/#comment-101863 So, I am a twenty-something and have been using Quicken since my college days. I have to say that it is the most valuable program I own. The only problem is that I cannot afford to keep updating the program every time a new version comes out. Oh please, oh please. So, I am a twenty-something and have been using Quicken since my college days. I have to say that it is the most valuable program I own. The only problem is that I cannot afford to keep updating the program every time a new version comes out.

Oh please, oh please.

]]> By: Patrick http://www.consumerismcommentary.com/2007/05/16/10-improvements-id-like-to-see-in-quicken-2008-and-a-giveaway/#comment-101839 Patrick Tue, 22 May 2007 12:58:04 +0000 http://www.consumerismcommentary.com/2007/05/16/10-improvements-id-like-to-see-in-quicken-2008-and-a-giveaway/#comment-101839 I use Quicken, and for the most part, I really like it. I wish there was a better way for govt. employees to track their TSP (govt. version of 401k). I only update it a couple times a month. I like to track where I spend and where my investments are, but I don't use Quicken for billpay or run any accounts through it. I use it only for tracking. I use Quicken, and for the most part, I really like it. I wish there was a better way for govt. employees to track their TSP (govt. version of 401k).

I only update it a couple times a month. I like to track where I spend and where my investments are, but I don’t use Quicken for billpay or run any accounts through it. I use it only for tracking.

]]> By: Sestos http://www.consumerismcommentary.com/2007/05/16/10-improvements-id-like-to-see-in-quicken-2008-and-a-giveaway/#comment-101684 Sestos Tue, 22 May 2007 05:52:35 +0000 http://www.consumerismcommentary.com/2007/05/16/10-improvements-id-like-to-see-in-quicken-2008-and-a-giveaway/#comment-101684 My only issue with Quicken is that I wish they could devote as much attention to the MAC version as they do their Windows line. I have tried both, and I perfer Quicken, since I can start right off using it and getting more detailed as I go. Money on the other hand has a longer setup time before you can start to use the program in my experience. My only issue with Quicken is that I wish they could devote as much attention to the MAC version as they do their Windows line.

I have tried both, and I perfer Quicken, since I can start right off using it and getting more detailed as I go. Money on the other hand has a longer setup time before you can start to use the program in my experience.

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