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Quicken 2007 Update Available

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Last month, I wrote about my disappointment with Quicken 2007 Home & Business on Windows. Today, Intuit released an update to the software. Here are the listed improvements:

* A choice of color schemes is available in the Preferences dialog.
* Quicken no longer moves accounts assigned to the Business Center to the Cash Flow Center after completing a One Step Update
* Fixed various issues that caused the Out of Memory and OL-2B errors during One Step Update.
* Future dated transactions on the calendar no longer cause incorrect balances on the account balance graph.
* You can now backup to a CD-RW formatted with a third party program
* Various changes to ensure Quicken is Microsoft Vista compliant
* Viewing Quicken Help files with IE 7 no longer causes script errors
* Cost basis and cash balance calculations are now correct when moving shares between accounts

That’s quite an impressive list of changes, and goes to show how flawed the original release was. I’ll test out the improvements. I’d like for Quicken to be software that keeps me happy.

For those of you with Quicken 2007, you should see the update available the next time you perform an online update. If not, you can download the manual patch.

Update: Now that I’ve been living with Quicken 2007 R2 for a while, I’ve reviewed the patch’s improvements.

Updated December 5, 2006 and originally published October 12, 2006. If you enjoyed this article, subscribe to the RSS feed or receive daily emails. Follow @ConsumerismComm on Twitter and visit our Facebook page for more updates.

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About the author

Luke Landes is the founder of Consumerism Commentary. He has been blogging and writing for the internet since 1995 and has been building online communities since 1991. Find out more about Luke Landes and follow him on Twitter. View all articles by .

{ 5 comments… read them below or add one }

avatar Jersey Jen

Quicken 2007 doesn’t seem to work with Sharebuilder, something to do with QIF and OFX files. Do you just type in the numbers manually? A solution would be appreciated.

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avatar Luke Landes

I enter my ShareBuilder transactions manually. ShareBuilder doesn’t support newer versions of Quicken. Here’s what ShareBuilder’s website says:

Note: This feature is compatible with Quicken 98 through Quicken 2004, but is not compatible with users of Quicken 2005 and newer.

Newer versions of Quicken won’t import .QIF files into investment accounts. They say the format isn’t appropriate, but they like to charge banks and brokerages extra money to support the .QFX proprietary format.

.QFX is almost identical to the open-format .OFX, which is used by Microsoft Money and other software. The difference between the two formats is one line that contains a checksum or key which identifies the bank or brokerage.

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avatar GMH

I have Quicken Premier 2007 Release R 5. I am unable to print many of my reports. I have “installed” a “ghost printer and was able to print some.

What I get is a microscopic image of the report in the upper left corner of the page.

Any suggestions? Do you know if Quicken 2008 has addressed the issue? I have had Quicken for home and business for many years without incident.

I am so sorry I “upgraded” to 2007!

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avatar ERIC


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avatar WDM

Quicken 2008 does not solve the problem with the 1″ X 1″ report size that is prited. Tech support could not solve it either. I guess I’ll go to Microsoft Money. This is unacceptable.

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