Quicken reviews

Ideal for My Solorpreneur Marketing Consulting Business

Opmerkingen: I am very pleased with the ease of entering data into the system. It saves me the cost of having a bookkeeper. I am able to categorize expenses myself and take full advantage of knowing what i was buying for business and for personal life. I know it is saving my a lot on my taxes, as I have proof of my deductions versus just guessing. It used to take me days to prepare my docs for my CPA not it is in a matter of hours I have all the numbers she will need.

Pluspunten:

The best feature I like is the way you can split items on a receipt into their own categories. For example, I go to Walgreens and buy cosmetics, copy paper, thank you notes, and business head shot photo prints. I enter Walgreens for the Payee, then I assign / split where the expenses will go in my categories. Cosmetic - Personal Care, Copy Paper, thank you notes - Business: Office Supplies, Photo prints - Business: Photography. I make my tax reporting a breeze for my Schedule C line items. I also love generating reports on income and expenses. Great for planning or estimating funds for seasonal work loads.

Minpunten:

It actually has more features than I want to use. For example - the investment section, I tried to use it - but to enter buy - sell information and dividends and details was way too time consuming for me. I just as soon get my reports from my brokerage firm.

Best Desktop Accounting Software

Opmerkingen: That software allows you to back up in the cloud and your computer. It has all the special effects at Quickbooks.

Pluspunten:

Ease of use and it allows you to add multiple businesses or personal accounts. The price is what it should be for accounting software. Excellent Support, I used the support two times and was very impressed with the customer service.

Minpunten:

No way that I know of to recover the password vault.

Quicken Keep it SIMPLE Get it Done

Opmerkingen: Easy to use, simplified and better that QuickBooks when it comes to smaller businesses.

Pluspunten:

Quicken has everything needs for a small business. You won't get confused with unnecessary tabs and areas and you will find evet daily that is needed to track your business finances from cost to profit

Minpunten:

If you are a mid or larger size business, quicken is not for you.

30-Year Quicken User

Opmerkingen: Intuit is so exploitive, that I would actually consider them to be immoral and I have tried many times to move to a different product, but they make it very difficult.

Pluspunten:

Of the personal finance managers, Quicken is probably the best. Other packages at or below this cost lack a majority of their features and in order to get them, you would have to upgrade to a much more expensive package, so it is at a price sweet spot.

Minpunten:

I've been using Quicken since 1992 and consider myself quite familiar with the package. The Quicken business model is and always has been exploitive and has been adding and subtracting features for years in an attempt to always have a new product to sell. Their current subscription model is no different. However, they never improve the product. There are bugs still there that have been there since the 90's. They're reports and windows do not zoom. They do not use Windows conventions, for example keystrokes. When working properly, it provides a lot of value, but it is very easy to introduce errors into the data and impossible to fix them. Their customer support is an absolute joke. It's normally a 40-minute queue to talk to an idiot and they are so propaganda driven, that they delete any negative posts or reviews from their sites and their forum. They purposely obstruct you from transferring to their competitors. I myself have had to purchase 7 versions of the program since 2000 and that's BEFORE they moved to a subscription model. Every release introduces more bugs, but they make it impossible to freeze a particular version, constantly cutting off web access and they have Upgrade Nags constantly that you can't get rid of. And they are entirely shameless about it.

Why can't we sync between computers?

Opmerkingen: You can't sync

Pluspunten:

Quicken is easy to use and updating from a previous version went well.

Minpunten:

It drives me crazy that you can't sync information between computers. I'm no expert, but I can't see why you can't have information from the Quicken cloud update information on the computer.I use Quicken at work and at home. If I could just sync information that I added at home to my work computer and vice versa, it would be perfect.I don't know why this feature can't be added.

Have used it for years, still liking it!

Opmerkingen: Good, easy tool to track your money, some technical issues with downloading.

Pluspunten:

Quicken quickly and efficiently tracks all my spending, earning and investments, and I have been able to link most of my accounts so it does it automatically.

Minpunten:

Not all accounts can be linked, especially not international ones. And occasionally it has brought in duplicate transactions which are a nightmare to reconcile.

quicken is inexpensive but has errors

Opmerkingen: I liked the price and the short learning curve to get up and running. I liked the flexible reporting available. There was a lot of trouble importing transactions which is why I stopped using it. It wouldn't import automatically and I had to download from the bank and Paypal and then upload.

Pluspunten:

I liked the price and the short learning curve to get up and running. I liked the flexible reporting available.

Minpunten:

There was a lot of trouble importing transactions which is why I stopped using it. It wouldn't import automatically and I had to download from the bank and Paypal and then upload.

User since the 1990's

Opmerkingen: Since late 2022 it has been horrible.

Pluspunten:

I have always liked how easy it was to learn and use Quicken. Getting started is easy.

Minpunten:

In the last year Quicken changed their product so it only works on one computer. I have used Quicken for over a decade with OneDrive as the main storage for the database and more recently my own personal server. This made using Quicken essential for travel between my office, my home and on my laptop during travel outside the country or on family vacation.Quicken no longer allows this type of functionality and only allows you to store the main database on a local 'C' drive. Yes, you can copy and paste the database onto another computer (if you remember to do so before leaving), but then you need to re-sign into all your financial institutions. Unfortunately, the product is no longer business friendly and has rolled back to twentieth century technology when people only had one computer to use.Why programmers made this horrible decision is beyond me since almost everything has moved to cloud based programming or allows you to store and use a database from an online storage platform.

Can get it done

Opmerkingen: Generally, a well-maintained piece of software, though from time to time features break and sometimes it takes a while for the bugs to get addressed.

Pluspunten:

Quicken is better suited for personal use, but we have been using it for our company for over a decade and it does what we need.

Minpunten:

Payroll options are expensive, and not all the options are available.

Quicken is Helpful

Opmerkingen: Overall I would recommend Quicken because i it on my phone and I use it from my desktop as well.

Pluspunten:

I like that it keeps me on track with all of my accounting for my business. It’s an easy way to bill my customers and keep up with orders. I love the receipt feature.

Minpunten:

I’m not very “techy” but Quicken was easy to install. I had to watch a. Few tutorials before I understood how to use it.

Lack of availability for Mac

Opmerkingen: I cannot say more than I already have. I’ve had to save information on my Mac and then pick it up on my PC just to send an invoice. This is inconvenient. It takes time that could be better off spend doing other things. Please, Quicken, bring Home and Business to Mac. Also, allow the ability to edit previous entries. I’ve noticed issues in the past that could have been easily fixed with an edit button, but you cannot. This should be fixed. As the leader in accounting software, it should have more features available than it does.

Pluspunten:

Quicken seems to be the go-to accounting software in the industry, so naturally we went with it. We were very happy with Quicken, as it is easy to teach to our new employees. I also really like the seamlessness of the program between a Mac and a PC. My laptop is a Mac while my home computer is a PC, and I find that the program itself is very similar on both platforms, and thus very easy to use. However, we initially intended to purchase Quicken for Home and Business, but it is not available for Mac, so we had to take a step back and purchase Quicken Premier. This was more than slightly annoying, but we managed to make it work.

Minpunten:

The lack of availability of Home and Business for Mac is a big con for me. The Home and Business program allows for custom invoices, which would look really good for our small business. We also wanted the ability to track our profit and loss, so we purchased it for my home computer. We can still send out the custom invoices on our PCs, but it would be a lot easier if it were available for Mac. Hopefully, there will be an option to purchase Home and Business in the future for Mac.

Serious improvement is only possible with serious measurement

Opmerkingen: These days we all have multiple accounts: checking, savings, investing, real estate, retirement, etc. All these accounts are necessary in today's world, however, keeping track of them all is a serious problem. Quicken is a tool that will bring all of these accounts into a single dashboard and help you stay on top of all the changes. While Quicken is an older piece of software and will probably never see a full rewrite to make it more modern, it is the only option for serious personal finance and it works well enough to get the job done.

Pluspunten:

It allows me to stay on top of my finances by downloading transactions from all my accounts into a single dashboard. It allows me to answer any question I have about my finances.

Minpunten:

It is slow! Simple tasks like reconciling an account can be aggravating as the hourglass icon comes up way more often then it should for a simple task. I have run this on a modern Intel Core i7 processor and it is still a dog. You definitely need to be patient with this software.

Amazing -cheap- accounting software

Opmerkingen: Great experience.

Pluspunten:

The software has a solid UI so it is easy to see where your money goes. Easy to use and practical. Great for small to medium businesses because it is not very expensive and has many features.

Minpunten:

The interface can look a bit outdated to some, but al the information you need is there. In 1 place. Very convenient.

Have used for many years and with every upgrade keeps getting more bugs

Opmerkingen: Works well for personal finances - checking, savings, credit cards

Pluspunten:

Easy to learn, set up account. Can also use the software for my other businesses and personal stuff. Lots of ways to run reports that are useful. Nice to be able to download transactions from my bank and credit card accounts.

Minpunten:

End of year tax schedules have bugs, Income reminders for rent payments do not show up correctly, Support is through a forum and they mainly tell you to run a file validation and that's it, Option to "Link a bill reminder to an online account" has never worked, New Zillow feature to asses value of property does not work. The only way I got good support was to pay another dollar for premium support and spent hours on the phone with a tech as he had me restore old backups trying to find a file that didn't cause the error... We never did find one that didn't cause the error. I am limping along with how it is working and currently looking for other software for my rental properties.

USe it daily and have since the early 1990,s

Pluspunten:

Puts all your finances in one place, updates all accounts with minimal keystrokes rather than having to go to each website yourself (Saving lots of time) works like an on-screen checkbook. See your net worth accounts and liabilities in one place. Navigation is easy as a click of the mouse.

Minpunten:

Intuit, the author, recently sold Quicken to an Investment Group. When Microsoft dropped MS Money, Quicken became the Monopoly in the market. Now the new company made some changes and icons are different, some screens have pop-up windows that don't work right, and the internet is full of complaints from long time users. Most of the glitches I found are minor, but changes were made so that everyone had to renew in-order to be able to access all your accounts online with Quicken, a strategy they may use to continually force upgrades and fees! Watch for this. This is what happens when someone sees a chance to capitalize on a monopoly!

Great Personal Bookkeeping Software

Opmerkingen: I really love using Quicken. I would definitely recommend it for use for personal bookkeeping.

Pluspunten:

Quicken is very, very easy to use. It is great for bookkeeping for personal accounts. The basic Quicken does not track debt and investments, so if you want to do that you have to upgrade to the more expensive one.

Minpunten:

This software cannot really be used for business use. Also, I used to be able to buy the CD and install it on my computer and use it for 3 or 4 years. Now you have to pay a yearly fee to use the software. Also, when I bought the CD I could keep up with my loans and investments. Now you have to pay quite a bit more to do that.

Data loss after update

Opmerkingen: Up until my purchase last year, Quicken served me well.

Pluspunten:

I have used Quicken for 20+ years for personal and business needs. After my 2006 Mac crashed, I bought a new 2022 MacBook Pro and installed the latest version of Quicken. I spent considerable time setting up accounts, bank imports and entering data for the year 2021, and for one reason or another did not enter any new data after tax day 2022. On opening the program today, I installed the most recent update, as one would usually do, after which, I discovered that all my newly entered financial data on this brand new laptop and newly installed program no longer existed. I praise the technical support team for at least attempting, but failing, to help me.The checkbook feature of Quicken for Mac 2007 that this awful program replaced was bullet proof and never failed me in the many years I had used it until the computer itself died. I do not trust that this couldn't happen again, so I am going to switch to a simpler checkbook accounting system that does not nickle and dime you with "membership" fees. Be warned that running their update could cost you.

Minpunten:

That I lost precious data that technical support was unable to retrieve.

Business malpractice

Opmerkingen: poor

Pluspunten:

Able to keep tax records weekly for my small business.

Minpunten:

Quicken arbitrarily changed the rules after purchasing this software. I have used this software for 8 years and purchased the program in 2016. After purchasing a new computer this week, and being unable to transfer my program to it, I was told I had to now pay for a yearly subscription of $60/year. Initially, I was given the option of purchase vs subscription and chose purchase. I now am told I have to pay for subscription yearly. If I had known this at the intial purchase time, I would have chosen another software or set up my own on excell. This is poor business practice by this company and I would never recommend them to anyone. I was never notified of any changes with my initial purchase. This would be considered malpractice by most other businesses. They should honor past agreements.

Quicken Customer Service and product ease of functionality drop since Intuit Split

Opmerkingen: After about two decades of relying on this software for myself and some clients, I am now reluctantly looking for a replacement program.

Pluspunten:

It's super easy to utilize if you have basic bookkeeping experience and you are not accounting for investments. Menu options are sensibly grouped. Back up and restore super easy if you want to move copies of file(s) to different computers.

Minpunten:

Although this software has been very predictable and adequate for a long time, it has become less desirable since split from Intuit. Good luck getting thru to customer service, there have been so many complications to their change over that they are drowning in calls. Their operators are overwhelmed and seem to 'accidentally' hang up on a call all too frequently, after exhaustive hold times. I have been prompted repeatedly to change my passwords during the transition, and rather annoyingly, each time it is updated a different verification email is sent with a code that must be entered, that quickly expires. Don't get distracted, or you have to start all over! Just really inefficient, non-intuitive programming.

Mostly good/ some annoyances

Pluspunten:

Links your bank account. Does recurring invoices Can file your taxes Payroll Can set up automatic payment for customers.

Minpunten:

Can link two recurring invoices for a customer. Ex. The regular monthly invoice then when the semi annual invoice needs to be billed it doesn’t link so I have to print two invoices. Also, when I print all the invoices it doesn’t print each person’s invoice right after the other. So I end up searching for that second invoice. It’s a mess. It sounds so confusing to read what I wrote. But basically sometimes I end up sending two separate envelopes on the same month for one customer because when it needs to be printed it doesn’t organize then invoices per customer.

Updates have bugs

Opmerkingen: Until a couple of years ago when the company was sold, all was fine, after they keep sending updates and they have bugs and I cannot used the software. Their customer service, never pick up and wasted hours of my time trying to fix. SO, if your time has no value, then this software is good but if you are effected by downtime, do not but this software.

Pluspunten:

Used to like it when there no bugs in updates

Minpunten:

the forced updates have bugs. I had to let the update done this morning before I use it. After update, I cannot print checks. it goes in a look back to printing checks. Have spent many hours trying to reach customer service but no one picks up.

Subscrption Only - Goodbuy Quicken

Opmerkingen: Basic checkbook maintenance is good. All the "whistles and bells" added are not worth the cost.

Pluspunten:

Easy to use

Minpunten:

Used Quicken for 20 years for only Checkbook management - latest versions REQUIRES an annual payment for services not used. Per Quicken Support - while the software is usable without renewing, you cannot remove the full side banner (top to bottom screen) and banner on the top that insists you renew, renew, renew. This is so irritating I switched software. If you are looking for a simple tool to just manage your checkbook QUICKEN is NOT it.

Quicken is great

Opmerkingen: It has been massively helpful with personal finance and keeping track of bank account balances.

Pluspunten:

I like Quicken for how it's fairly easy to set things up. I prefer manual sync since I prefer creating payees on my own, but it gives me a pretty good view of my expenses and the stocks I have.

Minpunten:

I'm not a fan of the subscription pricing, but to their credit Quicken did credit me a discount when I asked them after initially purchasing the software without one. I do wish the budgeting was a bit better as it's not perfect, and sometimes I feel like the direct bank sync can be a bit wonky when it comes to sharing information.

Using Quicken for different scenarios

Opmerkingen: I use Quicken for two very different entities: 1) a small nonprofit support organization and 2) our former small business and our personal accounting needs. It works well for both these.

Pluspunten:

The ease in entering data, and the ability to produce reports that are useful. It is not necessary to use ALL the features offered by Quicken software. One can pick and choose what is useful for their needs.

Minpunten:

I have not found flaws in this software. I have not yet found an easy way to convert reports into pdf format in order to provide to others who cannot access Quicken reports. I am certain there is a way to do this, I just have not taken the time to work through the process.

Best product to track finances, investments and business income/expenses, but..

Pluspunten:

Quicken Rental Property Manager is, in my opinion, the best product to track finances, investments and business income/expenses all in one spot and on your desktop versus having that information only on the internet.

Minpunten:

Not the best solution or the easiest to use solution for tracking rental properties. Additionally, the new releases of the product often contain very little in improvements over the prior year. However, what I like least is that the software is often released when it still appears to be in beta testing. A lot of software bugs and often unusable until the software patches are released over a period of months.