Review Of Quicken 2016 For Mac

Because of the terrible reviews Quicken for Mac was getting, I bought Parallels and used my Quicken for Windows on my iMac. Frustrated by the ongoing problems with Quicken for Windows, I decided to give Quicken for Mac a try. Here are my observations. First, Quicken for Mac is more stable and features work.

Quicken is a personal finance management tool developed by Quicken Inc. (formerly part of Intuit, Inc.). On March 3, 2016, Intuit announced plans to sell Quicken to H.I.G. Capital; terms of the sale were not disclosed.^[1]

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Different (and incompatible) versions of Quicken run on Windows and Macintosh systems. Previous versions ran on DOS^[2] and the Apple II.^[3] There are several versions of Quicken for Windows, including Quicken Starter, Quicken Deluxe, Quicken Rental Property Manager, Quicken Premier, and Quicken Home & Business, as well as Quicken for Mac.^[4] Since 2008, each version has tended to have the release year in the product name (e.g., Quicken Basic 2008); before then, versions were numbered (e.g., Quicken 8 for DOS).

Quicken's major marketplace is North America, and most of the software sold is specialized for the United States and Canadian marketplace and user base. But the core functions can often be used more widely, regardless of country; and versions have been tailored for a variety of marketplaces, including Australia, Germany, Hong Kong, India, New Zealand, the Philippines, and Singapore.^[5] Development of the UK-specific version of Quicken was stopped in January 2005, with sales and support ending shortly afterwards. There were also versions for Argentina, Brazil, Chile, Colombia, Costa Rica, Denmark, Ecuador, France, Mexico, the Netherlands, Spain, Sweden, Switzerland, Uruguay, and Venezuela.^[5]

Product description[edit]

The Quicken name typically refers to the core product offering of personal financial management software. The software includes financial planning activities that, historically, people may have done on paper – recording banking transactions, planning a budget and measuring progress against it, tracking investments and their prices and performance. Quicken has offered various editions, with varying prices – such as Basic which includes only those typical activities for someone with simple banking accounts, to Small Business for someone who also runs a business out of their home.

Quicken includes online services that allow users to retrieve transactions from various providers – such as their bank or credit card company. In most cases, online services and technical support are now supported for up to three years after the product's labeled version. e.g. Quicken 2018 will be supported until 2021.^[6]

Related products[edit]

The Quicken brand has been extended to other personal and household areas, including healthcare. Quicken Health Expense Tracker is a free online tool for healthcare consumers enrolled in participating health plans. Users can 'manage and direct their health care finances, view and organize medical expenses, payments and service histories, and download and organize personal health claims data.'^[7] The Quicken Medical Expense Manager is a desktop software tool for managing healthcare paperwork, tracking claims and payments, and consolidating related information.

Quicken Kids & Money was a Web-based program that aimed to help parents teach five- to eight-year-old children how to earn, spend, save, and share money. It is defunct.^[8]

Other products are aimed at home business and seem to fit in a space for a less formal business than would be using QuickBooks. Quicken Rental Property Manager is a desktop software tool for managing rental properties; tracking tenants, expenses, and payments; and producing tax reports.

Software as a service[edit]

Quicken Online was a free, hosted solution (see software as a service) by Intuit. Intuit hosted all of the user's data, and provided patches and regularly upgraded the software automatically. Initially this was launched as a monthly paid subscription, and was a free service for over a year.

Intuit completed the acquisition of competitor Mint.com on November 2, 2009.^[9] Quicken Online was discontinued on August 29, 2010, and users were encouraged to transition to Mint.com.

Beginning with Quicken 2018, Quicken is now a subscription service. Annual memberships can be purchased directly from Quicken.com and two-year subscriptions can be purchased through several retailers.^[10]

Editions[edit]

The following are current (selling and supported) and retired (discontinued in both sales and support) versions of Quicken.

Current[edit]

Selling[edit]

• Quicken (Starter, Deluxe, Premier) 2019 for Windows^[11]
• Quicken (Starter, Deluxe, Premier) 2019 for Mac^[11]
• Quicken Home & Business 2019 for Windows^[11]

Supported[edit]

(Dates support ends are shown.) ^[12]

• Starter, Deluxe, Premier, Home & Business, Rental Property Manager 2017 - expires April 30, 2020
• Quicken 2017 for Mac - expires April 30, 2020

Retired[edit]

(Dates retired are shown.) ^[12]

• Starter, Deluxe, Premier, Home & Business, Rental Property Manager 2016 - April 30, 2019
• Quicken 2016 for Mac - April 30, 2019
• Starter, Deluxe, Premier, Home & Business, Rental Property Manager 2015 - April 30, 2018
• Quicken 2015 for Mac - April 30, 2018
• Starter, Deluxe, Premier, Home & Business, Rental Property Manager 2014 - April 30, 2017
• Starter, Deluxe, Premier, Home & Business, Rental Property Manager 2013 - April 30, 2016
• Starter, Deluxe, Premier, Home & Business, Rental Property Manager 2012 - April 30, 2015
• Starter, Deluxe, Premier, Home & Business Edition 2011 - April 30, 2014
• Starter, Deluxe, Premier, Home & Business, Rental Property Manager 2010 - April 30, 2013
• Starter, Deluxe, Premier, Home & Business 2009 - April 30, 2012
• Basic, Deluxe, Premier, Home & Business 2008 - April 27, 2011
• Basic, Deluxe, Premier, Home & Business 2007 - April 30, 2010
• 2006 (Win) – April 30, 2009
• 2005 (Win) – April 30, 2008
• 2004 – April 30, 2007
• 2003 – April 25, 2006
• 2002 – April 19, 2005
• 2001 – April 19, 2005
• 2000 – May 18, 2004
• 98 and 99 – April 20, 2004
• Version 6 for Windows. 'Designed for Windows 95. Release 6.0. (c) 1996'
• Version 3 for Windows 3.1
• Quicken Essentials for Mac - April 30, 2015
• Quicken for Mac 2007 - retired October 2016^[12]
• Quicken Mac 2007 OS X Lion compatible - retired October 2016^[12]
• Quicken for Mac 2006
• Quicken for Mac 2005 - retired April 30, 2015

Problems[edit]

Intuit stopped supporting its Quicken software in the United Kingdom in 2005, leaving many thousands of users with only partly functional software.^[13]

In 2008 and 2009, Quicken users reported an unusually large number of software bugs for a commercial product.^[14][15][16] A review of Quicken 2010 suggests that quality and user interface in that product year is dramatically improved.^[17]

Existing Quicken Online users' data is not transferable/importable into Mint.com. This is in direct contrast to VP Aaron Patzer's promise, made on April 27, 2010: '[Until the merger with Mint.com is complete], you can continue to use Quicken Online just like you have. Once we have completed integrating all features to Mint, you will be able to easily transfer your information and data to ensure the smoothest transition possible.'^[18]

In December 2019, Quicken software abruptly disabled bill-pay services through its Quicken Billpay affiliate, leaving all Quicken users without a fundamental feature of the software. Inquiries of the company were provided a form response that the disabling was a 'known issue' and 'This issue has been escalated to our Product Teams who are currently investigating the root cause of this behavior. At this time there isn't an ETA available.' Quicken bill paying continues to be inoperative as of December 27, 2019.^[19]

History of Quicken and the absence of a common cross-platform file format[edit]

Quicken was originally written for MS-DOS and the Apple II back in 1983. The substantial differences between the Mac and these two platforms meant the later Macintosh version was written from the ground up. This led to incompatibilities between the file formats for the earlier versions and the Macintosh version. The Windows version was designed to be compatible with the earlier DOS version's files.

Then when Mac OS X came out in 1999 (server) and 2001 (desktop), a new platform emerged. Apple developed backward compatibility for OS 9 (and predecessors), so Quicken for Mac development continued in an older platform database structure (PowerPC-based). Apple continued to support PowerPC-based apps (via Rosetta) on their Intel-based Macs in August 2009 (via Mac OS X 10.6). Rosetta was a temporary measure to support the eventual transition to exclusively Intel-based software (achieved in March 2011 with the release of OS X 10.7 (Lion)).

In 2009, faced with the eventual retirement of the PowerPC, it was deemed that the structure for Quicken for Mac (2007) was not suited for the direction of the Mac (intel) and OS X.^{[citation needed]} Though they got Quicken for Mac 2007 to run on Intel in 2012,^[20] Intuit decided to start from scratch and Quicken Essentials for Mac (QEM) was created in 2010.^[21] Quicken 2015 for Mac, released in August 2014, and later versions for Mac are built on the Quicken Essentials for Mac foundation.

References[edit]

1. ^John Rebeiro (March 3, 2016). 'Intuit selling Quicken to private equity firm HIG Capital'. pcworld.com. IDG Consumer & SMB. Retrieved March 4, 2016.
2. ^'Quicken for DOS'. Intuit, Inc. Archived from the original on 2011-07-17.
3. ^Field, Cynthia E. 'Quicken Offers Check Writing, Budget Analysis for Apple IIs'. InfoWorld. March 17, 1986: 35–36 – via Google Books.
4. ^'All Quicken Products'. Intuit.
5. ^ ^ab'International Versions of Quicken'. Intuit. 2011-06-20. Archived from the original on 2013-01-26.
6. ^'Retirement of online services for older versions of Quicken'. Intuit/Quicken. Retrieved 2007-06-13.
7. ^An April 2007 article in the San Jose Business Journal.
8. ^'Quicken Kids & Money Help'. Intuit Inc. Archived from the original on June 21, 2008.
9. ^'Intuit Press Release - Intuit Completes Acquisition of Mint.com'. about.intuit.com. November 2, 2009.
10. ^'Quicken 2018 Subscription Membership Pricing Explained'. Top Financial Tools. 2017-10-27. Retrieved 2017-11-09.
11. ^ ^abc'Quicken 2018 - Which Version Do You Need? Compare Quicken Products'. Top Financial Tools. Retrieved 2017-11-09.
12. ^ ^abcd'Currently Supported Quicken Products (Discontinuation Policy)'. Quicken. 2016-02-09. Retrieved 2017-11-09.
13. ^Oates, John (2005-01-17). 'Intuit UK kills Quicken and TaxCalc'. The Register. Retrieved 2009-04-06.
14. ^nathanau (2008-01-27). 'Quicken Community - Quicken 2008 Bug List'. Quicken Community. Archived from the original on 2009-02-09. Retrieved 2017-01-17.
15. ^thecreator (2008-08-28). 'Quicken Community - Quicken 2009 Bug List'. Quicken Community. Archived from the original on 2009-04-08. Retrieved 2017-01-17.
16. ^Elmblad, Shelley (2009-01-14). 'The Best and Worst Features in Quicken'. About.com. Archived from the original on 2009-02-06. Retrieved 2017-01-17.
17. ^Arar, Yardena (2009-10-29). 'Intuit Quicken Premier 2010'. Quicken Premier. Retrieved 2010-01-16.
18. ^'Quicken Support - Quicken Community'. Intuit. Retrieved 2016-07-07.
19. ^'Online center won't 'Update send' bills/Quicken Bill Pay missing from OSU (updated title)'. community.quicken.com.
20. ^'Intuit releases Lion-compatible Quicken 2007'. CNET. 2012-03-08. Retrieved 2016-07-07.
21. ^Snell, Jason (2010-02-24). 'After delays and criticism, Intuit releases Quicken Essentials for Mac'. Macworld. Retrieved 2016-07-07.

External links[edit]

MENLO PARK, Calif. — Quicken Inc. has introduced Quicken 2019, the latest release of its comprehensive personal finance software featuring Web access from any browser and updates that improve the performance and reliability of the tools customers have relied on to manage budgets and investments for more than 30 years. This is the third major release for Quicken since it became a standalone company in 2016 and the most robust version of the software to date. The latest release includes new web access, a refreshed interface, improved speed and reliability, and hundreds of updates and fixes resulting in a smoother, even more reliable user experience. Quicken 2019 has been designed to make it simpler for individuals to manage their finances across accounts, budgets, investments, and now, devices.

“Millions of people use Quicken to help them manage their financial lives. Because Quicken is important to them, our community of users is incredibly engaged. We prioritize updates primarily based on feedback from these users, and adding web access was the number one requested enhancement,” said Eric Dunn, Chief Executive Officer of Quicken. “As an agile, independent company, we’ve been able to deliver this highly-anticipated feature, among other exciting new customer-inspired updates, on schedule and with great quality. This increased pace of releases and improvements is something our customers can count on and look forward to in the future.”

Access Quicken on the Web

Quicken 2019 has introduced a companion to the desktop software to enable customers to manage their finances online from any web browser. With the introduction of this highly-requested feature, users can view their balances, transactions, budgets, accounts, and investment holdings any time. Now customers can check investment performance, see spending trends, and review past expenses, allowing users to keep finances up to date from anywhere.

Quicken on the web also offers a streamlined interface: the web dashboard allows customers to customize their view to see as much detail as they prefer, or streamline their view to see only the most essential information.

Refreshed, streamlined appearance on the web, and new desktop enhancements

Quicken 2019 users will benefit from meaningful updates and enhancements to provide an overall faster experience on Quicken and Mac for Windows including:

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• Includes over 500 customer-requested improvements and fixes plus significantly improved reliability
• Quicken for Mac up to twice as fast: start-up, charts and graphs load twice as fast, backup is four times faster than prior versions
• Significantly faster experience managing investments on Quicken for Windows, investment register and portfolio view expand/collapse now up to three times faster
• Experience the benefit of monthly releases with improvements and fixes
• Quicken for Windows customers now can email reports directly from Quicken

Quicken 2019 membership details

Quicken launched its membership program in 2018, meaning Quicken users don’t have to purchase upgrades each year to access the latest versions. Customers automatically continue to receive the latest version of Quicken as long as they maintain their membership. Quicken offers both one- or two-year memberships to customers. In addition, Premier and Home & Business members will receive Quicken Bill Pay and access to Quicken’s Premium Care.

Pricing and availability

The 2019 release of Quicken is available now to members with current subscriptions at Quicken.com and at select retailers including Amazon, Best Buy, Office Depot, Staples, Walmart, and Sam’s Club. Get the latest features without having to upgrade through the subscription offering.

• Quicken Starter (Mac & Windows): See where your money is going so that you can achieve your short-term financial goals.
  • One-year membership: $34.99
• Quicken Deluxe (Mac & Windows): Do more with your money. Take the next step toward your financial goals
  • One-year membership: $49.99
• Quicken Premier (Mac & Windows): Maximize your investments by improving portfolio performance and minimizing taxes.
  • One-year membership: $74.99
• Quicken Home & Business (Windows): Manage your personal and business finances in one place.
  • One-year membership: $99.99

About Quicken

For over 30 years customers have relied on Quicken to help manage their complete financial picture, so they can live their best lives. In 2016 we became a fully independent company, led by members of the early Quicken team, to help a new generation of customers make the most of their money. Today Quicken (for Windows and for Mac) is the best selling personal finance software in the US. We have expanded our lineup to include Quicken on the Web and the Quicken Mobile App for iOS and Android so customers can manage their finances anytime, anywhere. More information can be found at quicken.com.

Contacts

Quicken Inc.
Julia Waneka
press@quicken.com