My initial impressions were mostly positive. Gone was the incredible bloat of 20 years of features added to the legacy Windows product. The Mac version is simpler and has most all the essential features intuitively organized and easy to find. Investment tracking is simple but accurate.
The register and data entry tools are far better and fit the retina display capabilities of the Mac whereas the PC version ported through Parallels always needed tweaking just to see your transactions. Still, It feels like reporting is a work in progress. I continued my trial of using the Mac version of Quicken over the course of the last year, choosing the simplicity of a native application. I let my Quicken for Windows file languish. After 12 months and a lot of financial transactions later, it would take a tremendous effort to reconstruct my financial world in that PC software, so I resigned myself to deal with the good and the bad of the Mac version of the software.
In November, Quicken released a new version for the Mac, Quicken I waited four weeks to purchase a subscription more on this later after reading many, many negative reviews of the update, mostly about the outrage customers felt about being forced to pay each year for a substandard piece of software. In fact, I already considered Quicken a subscription service after having to upgrade every two to three years just to keep bank and credit card downloads working properly. I bought a month subscription from Amazon. I now have a license for both Mac and PC if I choose to somehow migrate back.
In my view, the developers of Quicken have an opportunity to use this steady income from subscriptions to finally make the necessary improvements to the Mac version after so many years. However, if they fail to make improvements and continue to hobble the product after now forcing customers to pay annually, this will hasten their demise, at least on the Mac platform.
Quicken developers: The Premier subscription of Quicken includes free BillPay services and premium telephone support. Once Quicken for Mac was installed, I had a hard time finding many changes. Loan amortizations are now supported, along with some small changes to investment tracking and bill paying.
- Quicken 2015 For Mac Review: The Good & Bad.
- Quicken for Mac Review: Is It Good?.
- Quicken for Mac – A Long-time User Review – Robert Breen.
- Pros and Cons of Quicken.
- Customer reviews.
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No improvements to reporting though which I consider to be the biggest drawback of using the Mac. Take, for example, the common actual vs. In Quicken for Windows, this is one of the default reports. Not so in the Mac version. In lieu of a budget report, you get either a grid view of your monthly budget interlaced with actual results, useful if you want to update your budget or a graphical display of one particular month vs.
Not very useful. As a workaround, I export actual and budget figures out of Quicken to create a proper actual vs. Another example of reporting shortfalls came to light when I prepared my taxes earlier this year. Quicken tracks all my expenses by category and I needed a simple report of all my charitable contributions for the previous year broken down by payee. Simple, right?
The Transition from Windows to Mac
In Quicken for Windows, it would have been automatically provided for me by simply drilling down from my summary budget report for the year. After a lot of tweaking, I was able to create a summary report summarized by payee for a particular category, but the report, understood only by a non-finance developer, did not include a total. So basic, and yet still unresolved on the Mac these many years. Or, how about suppressing zero balance rows in reports?
So basic, yet missing. Reporting in Quicken for Mac remains a big disappointment to me in using the software. Support is of course no help at all.
Quicken for Mac Review: Is It Good?
After many hours of work I sadly had to abandon QM Intuit cheerfully refunded my money…. Dennis — Thanks for sharing your experiences of Quicken on Mac. Glad to hear you got a refund at least. Though there is some merit to your criticism, it is rather harsh. Though I agree there are some growing pains with Quicken for Mac, keep in mind that it is built on the Quicken Essentials code base so it is a straightforward move. Granted, there are a few connectivity problems with a few select banks, for which the banks are partially responsible for.
Online access is a complex area that requires the involvement of the financial institutions FIs. Given that there are literally thousands of FIs involved with Quicken, there are bound to be some hiccups. Granted it can be frustrating if your FI is one that is presenting a problem but from what I am seeing on support forums, there are not that many.
Quicken 2018 for Mac – A Long-time User Review
Quicken is the next iteration of the development of Quicken for Mac and overall is an improvement over Quicken Essentials, adding to it Mobile Syncing in the US only and Investment Tracking. Since the introduction of Quicken Essentials, Intuit has brought over that paid release model to the Mac.
But since no successor to Essentials was released until Aug Essentials was first released in , Intuit delayed the expiration. Now that Quicken has been out 6 months, Intuit is following through on the expiration model. I agree that pricing leaves much to be desired but keep in mind that Intuit discount offers are expected to increase the closer we get to the expiration date. And it appears that Intuit is finally solidly committing support of the Mac by putting together a responsive development team to push out ongoing updates to Quicken for free.
All security price history was transferred, albeit only end of month data was retained for anything older than 1 year. Not all of the securities will register however, because neither Yahoo nor Google Finance recognize Warrants or Rights for Canadian securities, and prices need to be changed for currency conversion. Entering prices manually is very cumbersome compared with Quicken and daily gains or losses become inaccurate when manual entries are used.
Home Reviews. Quicken For Mac Review: Although Quicken for Mac is an improvement on previous versions, the continued lack of online bill payment support and the fact that it is still not as complete as the PC version is disappointing. However, Intuit do seem much more willing to improve the Mac product with regular updates so fingers crossed that Quicken for Mac will eventually become the finance application that Mac users deserve.
Reader Rating: This means every year or two years , you must renew your subscription. Quicken offers three versions for Mac users:. As the name suggests, it's a starter program, good for those who have never officially budgeted their finances. Don't expect any bells and whistles with this option. If you are ready for more, the Deluxe program helps you customize your budget, track your debt, manage your debt, and monitor your investments. The top tier program includes everything in Deluxe, plus online bill pay service free of charge and quicker access to customer service.
Contacting Quicken: Quicken offers two ways to contact customer support:. As we discussed above, Quicken is a subscription-based service. If you neglect to renew your subscription, you can still access your information, but you cannot use the program's services any longer. This allowed them to run Quicken on a Mac without having a program made for Mac. These users who now pay for the Quicken for Mac subscription can move their Quicken files over to Quicken for Mac.
Quicken does offer full support to help you transfer the files, no matter how many years of transactions you have going at the time of transfer. You can sync your financial data between the desktop app and the mobile app. The Quicken mobile app is free and syncs with your desktop app. This way you can add, edit, or delete transactions on either device and they will synchronize the information so you are always looking at the most up-to-date data.
Quicken | Reviews | MacUpdate
You can easily reconcile your accounts. If you don't reconcile your accounts, you may be using incorrect information. Reconciling is a feature in Quicken for Mac that is simple to use. It's like a system of checks and balances that lets you know the information you put into Quicken for Mac matches the information the bank provides.
Quicken for Mac provides visually appealing graphs and charts. Quicken for Mac is easier to navigate and read for users. You can view ledgers, graphs, or charts—whichever is the most appealing to you and will help you stay on track with your budget. You can pay bills via Quicken for Mac.
Quicken for Mac has access to more than 11, vendors. You can manage your investments. A new key feature of Quicken for Mac is the investments feature. You can track your portfolio, get updated quotes, and track your profits. You can also see your cost basis, determine your capital gains, and prepare yourself for tax time. You can track your principal and interest on loans. If you are trying to get ahead of your loans, you will like the loan feature in Quicken for Mac.
You can see how your payments affect principal and interest. You can also run "what if" scenarios to see how different payments and scenarios would help you pay off your debt. You can use Dropbox for backups. Even though Quicken for Mac is on your local computer, you get access to 5 GB of online backup from Dropbox. This gives you a "backup" of your financial information to ensure that you don't lose anything. You always have the latest updates. Because Quicken for Mac is subscription-based, you don't have to upgrade the product when new versions are released.