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.

Quicken from a Person who is not techie

Opmerkingen: - Quicken can help businesses track their income and expenses, so they can identify areas where they can save money. - Quicken can help businesses track investments and generate reports to help them make informed decisions. - Quicken can help businesses keep track of their customer invoices and payments, so they can accurately manage their cash flow. - Quicken can help businesses manage their payroll and taxes, so they can stay compliant with the law. Benefits- Quicken can help businesses save time by automating mundane tasks. - Quicken can help businesses reduce costs by streamlining their accounting processes. - Quicken can help businesses make more informed decisions by providing detailed financial reports and analysis. - Quicken can help businesses stay organized and efficient by providing access to all of their financial information in one place.

Pluspunten:

- Quicken is a comprehensive financial software package that can help users manage their finances in one place. - Quicken allows users to track their income and expenses, create budgets, and manage investments. - It also provides tools to track investments and create financial reports. - Quicken makes it easy to track and categorize spending, so users can identify potential areas of savings.

Minpunten:

- Quicken can be expensive, and some of its features may be too complex for beginners. - Quicken may be difficult to use for those who are not familiar with computers or accounting software. - Quicken does not integrate with other accounting software, so users must manually enter data.

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 Home & Business 2022 Review

Opmerkingen: We use this software for the accounting of my wife's small business and financial reporting needs for select government programs. This is the best accounting software for a small business owner/sole proprietor in the market today. We have been using this program for nearly ten years.

Pluspunten:

I like the updated tax tables and current regulatory database for up-to-date tax prep tax schedules and deductions. It is easy to input transactions, categorize them, and get a running balance with ease.

Minpunten:

My least favorite thing about this software is that it now requires a subscription instead of buying the program for a set price.

Great accounting software for self-employed person

Opmerkingen: For the price that I pay, I recommend this product. It is a great value.

Pluspunten:

I liked that I could track both my personal and business expenses. I chose the version where I could create invoices for my business and even track my investment accounts.

Minpunten:

I have used this software for many years and my data from previous versions didn't transfer over to some of the upgrades.

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.

Dissatisfied user

Opmerkingen: I wish they would get this update fixed with all the banks and investment companies

Pluspunten:

The software is great when it works but it is so rare that when I do an update, that things update easily! It is awful!

Minpunten:

One Stop Update just doesn't work. Every single time I update I run into problems with multiple accounts and it takes FOREVER to get stuff uploaded.

"Efficient and Comprehensive Financial Management with Quicken"

Opmerkingen: Quicken is a reliable and effective financial management software that provides comprehensive features such as budgeting, investment tracking, and bill payment. Some users have reported occasional bugs or glitches, but overall, Quicken is well-regarded for its user-friendly interface and helpful customer support.

Pluspunten:

Quicken is known for its user-friendly interface and comprehensive financial management features. It allows users to easily track their income and expenses, manage their bills and investments, and create budgets and financial plans.

Minpunten:

Quicken's user interface is outdated and its difficult to navigate. sometimes software can compatibility issues with certain operating systems and bank connections.

Requires some basic accounting skills

Pluspunten:

So there are more use friendly suites out there, but once you get a grasp of some basic accounting concepts then this software outperforms all the rest as it is very versatile for a variety of business entities and can be tweaked to suit your individual needs, unlike may of the competitors

Minpunten:

It costs more than many others on the market, can be a but clunky in certain features

Quicken Review

Pluspunten:

Out the box the best basic budgeting accounting application. Great internals and setup easy.

Minpunten:

At this time it has become unstable with bugs and hiccups. Although basic it can be a headache at times.

Its all about the profits now......

Opmerkingen: Although I am sounding as though I am resistant to forwarding technology, I am not. There are just certain things that I feel should be more protected and so far, technology has failed to prevent hackers and identity thieves from accessing peoples information due to companies insistence in having our information all over the internet and web. There was nothing wrong with the old QUICKEN but greed is no playing a part in the new QUICKEN that separated from INTUIT.

Pluspunten:

I loved it when it was an actual software that could be purchased and had no yearly subscription fee. Prior to them separating from Intuit, this was my software of choice. Ease of use and the ability to choose to have your information inaccessible to internet hackers and not out there for anyone to see.

Minpunten:

2007 saw the end of exceptional quality. Went from a software that you can purchase and utilize without having to pay a yearly subscription to a for profit only software with yearly subscription in 2017-2018 update. Now if you want to use this software you have to pay for it yearly. 2007 utilized an update that caused major issues with previous versions. The font became too large to fit in the windows that popped up, the reconciliation failed to work properly, did not give accurate numbers.(Quicken blamed this on the PC Operating system....Funny, no other software on my PC had these issues). They refused to fix the issues they created and then came out with a new update that once you applied the update, 2017-2018, you had to start paying yearly or live with the issues that were created by the previous update. I now have fuzzy font, like old school DOS systems, and a yearly subscription for more bells and whistles that I will ever utilize. Not everyone wants to use mobile access and expose themselves to more and more risk of hackers to steal information.

Buyers Beware of Bullying (Extortion?) Tactics After You Buy

Opmerkingen: Very unfriendly customer support personnel who don't want to help problem solve

Pluspunten:

The software failed in its functionality on several fronts

Minpunten:

After the product failed to download my transactions properly from my broker, I chose not to renew my subscription. Shortly before the expiration date of my subscription, two huge "reminder banners" appeared on my screen blocking nearly a quarter of the computer screen. Neither banner contained a "dismiss" or "X-out" button, only a button saying "RENEW". Because the banners block the screen, several more keystrokes are required during every transaction to complete them. When the banners failed to disappear, I called to ask how to remove them. After talking to two supervisors, [SENSITIVE CONTENT] , both were abrupt and unhelpful, stating there was no way to remove the banners without paying the subscription price. I was told that the original subscription agreement warned of some "loss of functionality" upon non-renewal, but there is nothing more specific mentioned to give potential buyers an idea of Intuit's penalty tactics if you choose not to renew the subscription because of product failures. Let this review serve as a warning that once you subscribe, you are locked in for life. Caveat Emptor - Buyer Beware!

Potential as a great product that suffers from poor quality

Opmerkingen: Quicken for Business has no real peers on the market. There are certainly much better SMB accounting packages, there are better investment packages and better rental property packages, but Quicken appears to be the only one that consolidates all these functions into one. This used to be a quality package with minor bugs. Since being spun off, the management has successfully converted this from a typical "license and download" software to an annual subscription service, meaning you have to continually pay to be able to use the software. They also appear to have changed something in the QA process, as it has become more common for updates to fix one thing and break two more. Still, the basis is there for this to be a great product if they can ever solve the bad development issues.

Pluspunten:

For a small business or and individual with rental properties, this product has a full set of features that, if working properly, could really help. Interface is easy to use. Most banking and investment services can be accessed to easily download and reconcile accounts.

Minpunten:

Very, very buggy. Some features just seem to automatically cause the system to crash. It seems way too often that the data file becomes corrupted. Recently changed to a subscription model, so you can't really keep a stable release.

Online BillPay is not functional

Opmerkingen: If they resolve the BillPay problem, or if you confirm your bank will accept payment from Quicken through their DirectConnect feature, then the subscription/2019 version should be similar or slightly better than earlier versions. If you need BillPay, DO NOT UPGRADE Quicken until you can confirm they have patched their software to correct this apparent bug.

Pluspunten:

Subscription/2019 version is similar to older versions. Tracks funds easily. Intuitive money management. Allows download/sync with checking, savings, credit card, and investment accounts. Subscription model is expensive, but will be offset by no longer having to pay monthly charges for BillPay.

Minpunten:

Requires "upgrade" to 2019 version. Requires deletion of old BillPay account and manual re-entry of all payee and account info during upgrade. As of 2/9/19 BillPay is not functional. Have been waiting since 1/6/19 for account activation, so can still not pay bills through quicken using the subscription version I am paying for. Many other customers with same complaint. Support says still trying to resolve similar tickets from customers from December 2018.

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!

Quicken is Best Desktop based Home financial software

Opmerkingen: I have used Quicken for portfolio and asset management for over 20 years. The software has improved with new technology and returns excellent value.

Pluspunten:

Its able to link to and download complicated financial transactions, maintain their values, shares owned from most major institutions. It links to your accounts with most major bank and credit card companies. It also allows non-online assets ans liabilities to be tracked. Their reporting shows net worth statements, cash flow statement and other reports suitable to track a large and complex portfolio of assets.

Minpunten:

Links to some institutions can be damaged due to changing security needs. Their support in improving those links is excellent.

Another all-time favorite agonizes in the mobile era

Opmerkingen: Quicken needs to move faster to mobile and cloud if it really wants to survive.
100% integration with QuickBooks, additional security features, support for more cloud backup providers are features that should be already available but are no show.
Intuit own's Mint App is an example of how Quicken should be but, for some reason, they have decided to continue working on the same outdated software instead of relaunching.
Still, Quicken is a big respected brand in the financial software world that continues to be one of my favorites.

Pluspunten:

- A longtime runner with a big user fan base - The very familiar interface allows old users to upgrade without a steep learning curve - Very similar Mac and Windows version allows painless platform switch - Supports most banks and account syncing in The US - Does not require a monthly or annual fee

Minpunten:

- The interface is beginning to look a bit outdated compared to new mobile apps available for iOS and Android - No equivalent mobile version available - Cloud syncing and backup is limited and not easy to setup (dropbox required) - Version to version upgrades sometimes include little to no enough new features for the price (That's why some users are still using 5-8 years old versions)

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.

Quicken

Opmerkingen: Still one of the easier desktop bookkeeping software to use.
Too bad no one else can create a competitive desktop bookkeeping software for the general public.
Many competitors created only an online version which can be Useless if something happens to your PC or you don't have power or an internet connection!
Worse, there's a monthly fee for their online versions!

Pluspunten:

Relatively simple to use as the basic program is basically an electronic version of a check register. Many financial institutions have a Quicken export function for its online banking feature making bank reconciliation a bit easier.

Minpunten:

Don't need to use other features like investment tracker which is essentially useless for most other people Intuit FORCES people to set up an ONLINE account to link the program to, mainly for tracking and marketing purposes which is complete BS! Update function has moved over the years that it's not as simple to just click 'update' anymore JUST to update Quicken and NOTHING else! Be careful about importing information as it may not import 100% of the banking information, similar to QB. Intuit keeps marketing you to join its other financial services!

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.

There is no better Financial Manager

Opmerkingen: I've been using Quicken for over 20 years and have a file with that much information. Because Quicken offers various ways to categorize data, I'm able to get very accurate information on my spending. The ability to interact with online banking is very good. While it has some modernizing to do, Quicken is hands down the best financial manager out there.

Pluspunten:

The company really cares about users. It is as detailed as you want to be. Can manage data in various ways for you to know exactly how you're spending your money. You can store PDF bills and documents in your accounts.

Minpunten:

Doesn't work well with touch. It's coming along but not there yet. There are a couple undocumented "features" which can really screw up your data.

Great Product

Opmerkingen: Overall I would highly recommend the use of this system for a small business or individual who needs a little help with their budgeting or accounting. It is very easy to use and has a lot of features that are very useful on the day to day.

Pluspunten:

Quicken is a great program that makes budgeting and account easy and printing checks is super convenient and easy. I really liked how simple it is to print a check and edit or void anything that may have printed incorrectly. Reviewing transactions and the ledger is also very straight forward and easy. Works great for creating budgets as well.

Minpunten:

Overall I think this is a really great product but one downside I would say is I would sometimes have problems when running a reconciliation in our accounts that wouldn't always clear things properly. The other downside is we cannot have our accountant access the account remotely to review things for us whereas other systems allow for that option which is very convenient.

I have used this program since it came out. Now, today, it is a mess. My software is locked up, items missing from my ledger and this will cause me to spend hours re-creating my data.

Pluspunten:

Before now, I would say I like everything about it. I could always count on it to perform as it should and it was updated in a responsible way. this time, I checked to allow upgrade and everything went haywire. And, right at a time when I counted on it to perform as it always had.

Minpunten:

It is no longer reliable. Was I in shock when I opened Quicken to find out that it had been down-graded in stead of upgraded. I had to work 15 hours to get figures re-entered for a report due this evening. As I said it is no longer reliable. I called a contact listed on computer for Quicken repair. Needless to say, I did not have it done!