Quicken Erfahrungen

Vorteile

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.

Nachteile

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.

Vorteile

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.

Nachteile

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

Vorteile

You are able to setup Quicken to sync transactions with your various bank and financial institutions. If you have the skills and proper data entered, you are able to run reports with valuable information.

Nachteile

Quicken isn't always user friendly. I'm an accountant who has worked with many financial software, so I can work my way through it, but it isn't always user friendly. I also do not love how Quicken treats transfers between accounts as income and expense.

Vorteile

Pricing was convenient for a small business.

Nachteile

Not easy to download credit card statements.

Vorteile

Easy to download transactions. Specialized report save fuction. Cloud sync to view on other devices.

Nachteile

Every once in a while it auto catorgories something worong.

In Betracht gezogene Alternativen

Gründe für den Wechsel zu Quicken

Vorteile

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

Nachteile

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.

Vorteile

Was easy now difficult especially after updates

Nachteile

The value has gone out the window, I think this happened when they were bought

Vorteile

Quicken is a versatile personal finance application that covers something as simple as checking and savings account record keeping to more complex accounts such as credit card, investment and mortgage accounts. It can generate reports and graphs to provide a complete picture of one's personal finances.

Nachteile

To the best of my knowledge Quicken is only available on a subscription basis. In the past one could purchase upgrades as they were released or wait a year to purchase when more features were available.

Vorteile

My favorite feature is the ability to connect and download transactions from banks, brokerages, and credit cards. These updates make it so easy to keep up with my personal finances.

Nachteile

The program is so robust that it can be a little complicated sometimes. But the truth is, that is a strength that is worth the time to learn to use.

Vorteile

Quicken is great at helping businesses and families keep track of finances and help them budget their money better. It's very easy to use and customer service has been amazing. We were given help setting up a budget that worked for us and helped us start saving for retirement. Even though that's a long way away.

Nachteile

I wouldn't call this a con but I thought Quicken was only used for business finances and not for personal finances.

Vorteile

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.

Nachteile

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.

Vorteile

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

Nachteile

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.

Vorteile

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.

Nachteile

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.

Vorteile

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.

Nachteile

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

Vorteile

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.

Nachteile

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.

Vorteile

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.

Nachteile

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!

Vorteile

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.

Nachteile

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.

Vorteile

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.

Nachteile

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

Vorteile

- 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

Nachteile

- 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)

Vorteile

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

Nachteile

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.

Vorteile

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.

Nachteile

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.

Vorteile

Great for managing bank accounts and credit card accounts.

Nachteile

There needs to be a way to stop Placeholder entries. I check my own investment accounts an like to make corrections. Placeholder entries make it very difficult to correct input errors.
If you input income for an investment account and use the reinvest action, the investment performance report can't be used. The amount is added and subtracted for the report.
To remove cash from an account, three or more actions (XOU, Withdraw and Withdrawx) can be used. Unfortunately, some reports only have one of these actions and that hasn't been used in the database.

Vorteile

It allows tracking of bank accounts, credit cards, and investments. No other program that I know of can do everything Quicken can.

Nachteile

Quicken can be frustrating. It doesn't allow pasting into Register fields and it does not conform to many Windows conventions.

Vorteile

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.

Nachteile

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!

Vorteile

I liked that it integrates all my accounts and I can track rentals, home and business at the same time. Reports are fairly accurate and are very useful for accounting and tracking purposes.

Nachteile

Has bugs that I cannot figure out. Sometimes the transfers don't ever show up and the accounts get messed up. Hard to track rents in the format that is available. I can't figure out how to enter and keep all reconciled the way they want you to do it.