best financial software for mac

par333 wrote:

What makes it worthwhile to run Quicken Deluxe 2013 on a Mac? vs. running Quicken 2007 Mac natively

1) ease of use ... 3 clicks 1 click

2) ROCK solid same

3) Quicken 2013 - Quicken 2007 = 6 years behind this statement has no meaning; Does 2013 Tide wash your clothes better than 2007 Tide?

4) other Windows only software is no problem. other Mac only software is no problem

5) all software was already in house $15 to run Quicken natively on Mac

6) taxes were a breeze ... does turbotax interface with quicken 2007 for mac? YES, see screenshot below:

Thank you for your input.

Looking into investments migration from Quicken for PC to Quicken 2007 for Mac:

I do not have access to a Windows version of Quickemn in an attempt to experiment directly with this issue (and I only have Windows XP from an earlier copy of Connectix' VirtualPC, which I use in BootCamp and Parallels on my MacBook Pro).

However looking at this Intuit support document:

https://quicken.intuit.com/support/help/how-do-i-convert-quicken-for-windows-fil es-to-quicken-for-mac-/GEN82890.html

From this document we learn:

Components that can be converted to Quicken for Mac

1. Account types that exist in both Quicken for Windows and Quicken for Mac.
2. Banking transactions.
3. Most investment transactions. For information, see how to convert investment data.
4. Categories, tags, and securities contained within the exported transactions.

and

Components that cannot be converted to Quicken for Mac

1. Employee Stock Purchase Plan (ESPP) transactions
2. Employee Stock Option Plan (ESOP) transactions
3. Quicken for Windows business accounts:
   1. Invoices
   2. 2. Business bills
4. Loan amortization schedules
5. Online banking information such as account setup information, Online Payees, and online payment instructions
6. Scheduled Transactions
7. QuickFill (memorized) Transactions
8. Saved or memorized reports
9. Security price history
10. Tax status of Investment accounts
11. Certain types of investment transactions. More information about convert investment data is available.

Clicking on convert investment data brings us to this Intuit support document:

https://quicken.intuit.com/support/help/convert-investment-data-from-quicken-for -windows-to-quicken-for-mac/GEN82602.html

This document can be summarized with this information:

Because of differences between Quicken for Windows and Quicken for Mac, some transaction types must be edited in Quicken for Windows before you can convert them. The following information shows which transaction types must be edited and how to edit them.

Existing Transaction:	Change to:
MiscIncX (Miscellaneous Income Transfer)	MiscInc and an XIn
MiscExpX (Miscellaneous Expense Transfer)	MiscExp and an XOut
MargInt (Margin Interest)	MiscExp
MargIntX (Margin Interest Transfer)	MiscExp and an XIn
CGMid (Capital-Gain Mid Term)	CGLong
CGMidX (Capital-Gain Mid Term Transfer)	CGLong and an XOut
ReinvMid (Reinvest Mid Term )	ReinvLG
RtrnCapX (Return of Capital Transfer)	see below

and

If you have a RtrnCapX transaction in a single mutual fund account, before converting the data, you must edit the account so it is no longer a single mutual fund account.

1. Open the account in question and select the Summary tab.
2. In the Account Attributes section, locate the Single Mutual Fund? field and click Yes.
3. When the confirmation message appears, click Yes.

AppleMan1958:

What is your view of this information?

MlchaelLAX wrote:

I NEVER write my screenname as: "Michael Lax"! However, YOU DO!

If you want to help me with booting into El Capitan so that I can run Quicken 2016 for Mac and report my results, I would appreciate that help.

But, with all due respect, I am done debating the history of Quicken for Mac with you.

Here's a picture of it for you, 3rd paragraph, 1st line.

So, how long was the period between the release of OS X Lion and a version of Quicken that would run on it?

And it was indeed me that mistyped your name, but the quote is accurate.

As for helping you, erase the partition and start again.

Csound1 wrote:

Here's a picture of it for you, 3rd paragraph, 1st line.

So, how long was the period between the release of OS X Lion and a version of Quicken that would run on it?

And it was indeed me that mistyped your name, but the quote is accurate.

As for helping you, erase the partition and start again.

We are treading on thin ice here (mixed metaphor intentional 😁) as this was one of many posts from earlier today that were deleted by the moderators and you know how much they hate to have their work undermined!

That being said, I will acknowledge your earlier statements that Intuit did indeed have over six years to update Quicken 2007 to an Intel or Universal version, which they chose not to do at that time. However, that time frame and your statements about other software publishers are misleading.

The accurate time period is from when the first Mac was sold that required Lion to operate (July, 2011) until Intuit did release the Intel version of Quicken 2007 in February, 2012: at most, seven months. During this period of time only a small fraction of Quicken 2007 users actually faced this problem, including myself when my iMac G5 died for the last time and I replaced it with a Lion Mac Mini in August, 2011.

There were various workarounds, many of which I utilized as well as did others and were posted on this very forum!

I never lost any of my ability to continue working with Quicken during this period of time and I did not have to research the competition of products, make evaluations, translate data and then learn a new application, only to be disappointed in the result, as has been expressed by others!

I continue to utilize Quicken 2007 for Mac for all of my home accounting needs. I have been doing this since I purchased my first Apple ][+ in 1979 and used the program Home Accountant, then Time is Money and then moved over to my Mac with Quicken in the 1990's.

I never was fooled by Intuit to pay for yearly updates, as the basic principles of accounting have not changed in all these years. The yearly updates were simply a marketing tool used by Intuit to needlessly get users to pay annual income. In fact, I continued to use Quicken Deluxe 2002 until I purchased my Lion Mac Mini in 2011 and afterwards purchased Quicken 2007 for Intel Mac in February 2012. I recently purchased Quicken 2016 for Mac at an offered discount solely at the request of one of the members of this forum who suggested that it might be a "real" update of Quicken 2007 and not another misleading update of Quicken Essentials as was the release of Quicken 2015 for Mac.

You have made it clear in my other threads about restoring Rosetta in Lion, Mt. Lion, Yosemite, Mavericks and now El Capitan through the use of installing Snow Leopard into virtualization that you hated Rosetta. I will not bother to repeat my rebuttals here but suffice it to say that Rosetta was a minor miracle allowing ALL of the Mac users in 2006 and beyond to transition to an Intel Mac without the need nor expense of updating their software immediately. Both the users and the software publishers were given time to make these transitions.

The problem is that Apple never communicated this need very clearly resulting in posts that I continue to read here every month from someone updating Snow Leopard to El Capitan and discovering that their (PowerPC) software will not function; not even knowing what PPC is and why it does not function!

My work in that area continues for the four groups of Mac Users who have been orphaned by the elimination of Rosetta:

1) Freehand MX users

2) Appleworks database users

3) University Students who receive textbooks (primarily from Pearson) containing CD-ROMs that are PowerPC based; and

4) Hardware drivers needed primarily for pre-press work with legacy hardware that cannot be replaced.

I know you have no sympathy for these users; and that is fine for the focus of your work here. But I do!

gbruns wrote:

Have spent a little over two hours reading and researching this thread... this nearly 3-year old thread... learning the ins and outs of Q07 for Mac and running Quicken 2013 for PC with Crossover as I yearn for that 'perfect' financial software we are all seeking... and as I got to the end I felt like I had followed everyone as you would in a 'coming of age' novel... watching the characters grow and develop through their trials and tribulations.

Then on November 23rd I see the one protagonist that I most identify with - MichaelLAX - mention the New Quicken 2016 (which initiated my research!) and it looks like he "will probably take them up on the offer in December and see if it [Quicken 2016 for Mac] is really the hoped for upgrade to Quicken 2007" - and I think HOLY S_! YES! That's what I'm thinking too, man! This story is getting GREAT!

But wait, it's early in December... only the 4th! and he just posted that a couple weeks ago! Hmmm. So, WHEN in December is he going to do this?

Then like an old season-ending episode of 'Lost' ... I stare at my screen, watery-eyed and tired, and realize I'm going to have to wait - or in this case, follow the thread to see what he comes up with.

I feel like I'm part of the story now... so, thanks for all you've all done so far. And whenever you're ready, please continue. 🙂

Greg

OK: so you inspired me to purchase Quicken 2016 and I have it up and running now and it easily opened (and converted) my Quicken 2007 data file.

I will now do some research into which features it adds, which features it lacks, ease of operation, etc. I suspect that the answer will lay somewhere in between less features than the Windows version, as usual, but maybe some more features than Quicken 2007 for Mac!

It clearly has a different "look and feel" than Quicken 2007, probably introduced into Quicken 2015 for Mac and perhaps Quicken Essentials:

[click on image to enlarge]

Let me know your specific focus and questions, too!

I may have to move this discussion to a new thread focused more clearly on Quicken 2016 than this one, if for no other reason than to get away from the "Intuit haters!"

From my initial observations, I have to say that I am underwhelmed by Quicken 2016 for Mac as an "upgrade" to Quicken 2007 for Mac. This is especially true for a new user since it costs $75 and, as of the writing of this post, Intuit still sells Quicken 2007 for Mac for $15!

I would recommend Quicken 2016 for Mac if any of the following claimed "new features" were important for a Mac user (I have not actually tried any of these "new" features). According to Quicken's FAQ's, these features are:

• Bill Paying directly from Quicken

• Ability to transfer money between accounts at your bank

• Use of the Quicken app to sync information between the mobile app and the desktop version

• Support for more financial institutions than Quicken 2007 for Mac

NOTE: You must run Quicken 2016 for Mac in either Yosemite or El Capitan at this time.

It also claims that the following features from Quicken 2007 for Mac are missing from Quicken 2016 for Mac:

• Loan amortization schedules

• Home Inventory and Emergency Records data

• Explicit Lot Assignments

• Securities Watch List

While I will continue to experiment with Quicken 2016 for Mac, I suspect that I will primarily continue to run Quicken 2007 for now, as the reasons listed in Intuit's security release about Quicken 2007 for Mac are not relevant to my use.

I am happy to address any specific questions or concern you might have with Quicken 2016 for Mac.

baltwo wrote:

Sorry for the fat-fingering error, but I'm using Q '07 for Lion, not Q '97, if that was even a released version.

When Bill Campbell, (the then CEO of Intuit and the former President of Claris, the wholly owned Apple software division, and still member of the Apple Board of Directors at that time) announced that Intuit was going to stop offering updated versions of Quicken for Mac, the recently returned CEO of Apple, Steve Jobs, invited Campbell over for a private showing of the then top-secret iMac prototype and the promised increase in Mac sales that it foretold.

Campbell, sensing an opportunity, agreed with Jobs that he would update and release Quicken '98, if Jobs agreed to include a copy in the software bundle that accompanied each iMac and the rest was history! I thought this Quicken '98 was the version you were referring to.

Here is Quicken '98 running in SheepShaver on my OS X Lion Mac Mini:

[click on image to enlarge]

Harry2007,

I hope you've had some luck finding satisfactory software. I'm still looking, as my very old version of Quicken, which worked fine for me for 10 years, is no longer compatible with Mac Mtn. Lion on my new Mac, or Snow Leopard (on my PowerBook).

What's one to make of the extreme discordance betweet the rave review of Money (by Jumsoft) on the Tech Review site and the contrasting negative reviews by users here:

https://itunes.apple.com/us/app/money3/id402410845?mt=12 ????

The discordance certainly doesn't inspire my confidence in Money, and other responses here have me considering formatting Excel to do my relatively simple bookkeeping -- not really, but it sounds like I'd at least know what I was getting for my money.

After wanting to jump off a cliff from using iBank this evening I've read through this thread and have to say running Microsoft Windows on a virtual machine on my MBP seems to be the best idea yet.

The last straw for me with iBank was dealing with updating financial instution's passwords. To update a financial instution's password within iBank requires going into each account held at that instiution and starting the entire "Set up online acount access" process from scratch. Unbelievable. I have 15 accounts at a single instution alone. This was the last straw that was tossed on the mountain of other issues already described by others in this thread.

So I've bought Windows 7, VMware Fusion and Quicken Deluxe 2013 and look forward to setting up Quicken on MSFT Windows for the first time in many years having moved off it last year when I went to a Mac.

What is frustrating in the Quicken on MSFT Windows world is lack of a good iOS app to synch with Quicken. Why I can't leverage quicken on my iOS devices like I could on my Palm pilot is beyond me. But at least I have a desktop application I can use the same way I did 15 years ago - get to my PC and hand enter transactions that can easiy be reconciled with online downloads - not to mention terrific scheuled transaction support. I have no hope of the Quicken app for iOS to improve anytime soon given the barrage of unimpressed comments and 1 star ratings given the app on the iTunes App Store. (https://itunes.apple.com/us/app/quicken-money-management/id559831813?mt=8)

Lord have mercy on my soul.

He has 16.1.2 as noted in an earlier post:

https://discussions.apple.com/thread/4302957?answerId=22670366022#22670366022

Intuit no longer offers version 16.1.2 by download; you get 16.1.4 by default.

With all due respect, you and I have discussed before, the situation of my (and many others) having problems with 16.1.3, and your lucky experience of having no problems with that version. I recall that your position was that if 16.1.3 worked without problems for you on all three flavors of OS X that was the end of the discussion (for you, that is!).

Yes: I understand your situation, but was just suggesting you avoid the Crossover situation by just trying out Quicken for Mac. The more I hear about Quicken for Windows, the less I feel I am missing...

tadcrawfordmv wrote:

...At the time I bought my iMac, it was not an option. It came loaded with Lion before the Q07 upgrade.

Same with me when my iMac G5 died in August 2011 and I purchased a Mac Mini with Lion. For me, necessity was indeed, the mother of invention:

https://discussions.apple.com/thread/3913218

MlchaelLAX wrote:

GIven your experience, what am I missing that would make the effort (and risk) to upgrade to Mt. Lion worth it?

Specifically, I don't really remember, but suggest cloning your Lion boot volume to an ext HD volume and updating that to ML. Do note, however, that ML can be had for $20 USD from the Apple Store: http://www.apple.com/shop/product/D6377Z/A/os-x-mountain-lion.

MlchaelLAX wrote:

Csound1 wrote:

Earlier you said

Michael Lax wrote:

In the brief period between the time from the release of OS X Lion 10.7 until Intuit did release Quicken 2007 for Mac

How long was that brief period? and why was it even required?

Could you please link me to where you claim I made that statement?

MlchaelLAXDec 8, 2015 11:57 AM
Re: best financial software for macin response to dmauch

What you are saying is not historically accurate.

At worst, Intuit was just slow to upgrade Quicken 2007 from PPC to Intel, and they were not the only software developer to exhibit this slowness. Some publishers NEVER updated their products for Intel, such as Adobe and its product Freehand.

In the brief period between the time from the release of OS X Lion 10.7 until Intuit did release Quicken 2007 for Mac; most of the users of Quicken 2007 could easily add a Snow Leopard partition to their Macs and continue to use their copy of Quicken 2007 PPC. This was the most common advice given on this very forum for that problem at that time.

Some Mac users, like you and me, purchased a new Mac that could only run OS X Lion put had another Mac that could continue to run Snow Leopard. I chose to continue to run Quicken 2007 PPC on my 2009 MacBook Pro under Snow Leopard for the few months that it took Intuit to release Quicken 2007 for Intel. You chose not to.

The only Mac users with no alternative initially were those who only had a Mac that would run Lion. This problem was short-lived and solved by the ability to run Snow Leopard in virtualization, as others expressed in various threads, and as I published as a common source for the use of Snow Leopard in Parallels:

http://forums.macrumors.com/threads/installing-snow-leopard-and-rosetta-into-par allels-7-in-lion.1365439/

Apple was the worst contributor to this problem as they made little or no effort to warn upgraders of what the real implication of the lack of Rosetta would mean to their inability to run PowerPC applications. Apple still exhibits this problem to this day, as shown by the many Snow Leopard users who continue to post their frustration on this forum at upgrading to Yosemite and now El Capitan and face the problem of not being able to run their PowerPC apps.

Perhaps you should give such harsh criticism to Apple, who is really the main culprit here!

UPDATE: The article, whose link you added to your comment after the fact, was published on July 25, 2011; very early in the history of the release of Lion!

MlchaelLAX wrote:

Csound1 wrote:

That post is still in place, not deleted. Read it before commenting.

I cannot find the one you "photographed" and asked me to respond to; if it continues to exist, please link me to it.

However, I responded already after rereading your photograph in the post above...

Which would be after 4 posts in which you denied saying it. Nothing changes does it.

MlchaelLAX

Have a good night.

NEVER MIND -- you continue to call me a liar even after I took the time to give you a detailed response to your concerns above:

https://discussions.apple.com/thread/4302957?answerId=29437895022#29437895022

I am DONE with you!

I have posted the link twice now, that you can not find it even after 2 direct postings, a screenshot and a quote tells me more about your inattention to detail and ability to obfuscate in favor of Intuit.

Look for it it, it is exactly where I said it was. If you are unable to find it here, for the 3rd time, is the link This is the link that MichaelLax is unable to find, it is here and 2 posts back, and in the post before that!

You can't find anything, you can't install El Capitan, what can you do?