best financial software for mac

It is a step up, as it finally has all the basics covered for recording your financial transactions [especially smoother downloading from financial institutions] but it falls short overall. The most glaring weakness is the lack of Bill Pay. Most of us use Quicken as an intermediary between banks and payees. Someone who records transactions and can say that such and such was paid on the rare occasion an electronic payment went out but wasn't property processed by a recipient.

I've been using electronic payment since "CheckFree" and moved to Intuit when they purchased the consumer end of CF. Fully supported in the Windows version of Quicken it is still not possible to use Intuit's own bill pay service from the Mac version. How much sense does that make?

So I still have a dual boot Mac so that I can run Windows 7 for the sole purpose of doing the two things I still do in Windows. Pay my bills and process photos with Adobe Photoshop, another bit of software whose Windows version still does things they haven't ported into the OSx version yet.

Intuit and Adobe truly need to get off the stick and make their OSx software equivalent to their Window's versions. Like, yesterday already.

I have been using QuickBooks for Mac for a couple years now. Great easy to use software.

I used Quicken a long time back but never really liked it. So I ditched it and used spreadsheets for years. Was getting tired of that so started poking around the App Store and the forum for the last several days. I noticed today a new program was just released - P39 Financial. Could have potential - I visited the website and there is a full featured demo (45days) - what the heck, I'm gonna try it.

Harry2007 wrote:

Thanks, I am running Q 07 on Maverick OS.

Why Q 15 is not as good as Q 07 is beyond belief.

That is because Quicken 2015 for Mac is really a misnamed Quicken Essentials for Mac 2015!

A WARNING to Intuit Turbotax 2014 users: Intuit has introduced severe security flaws and unethical practices into this product.

The Wall Street Journal reports that Intuit silently uploads your private financial information to its own servers when you print a pdf of your tax return. Intuit's servers are widely reported to be insecure. This insecure process is codified in Intuit's 2014 EULA, Paragraph 9:

"You may save your return as a PDF file and understand it may be processed on Intuit servers, not as part of the Software."

This doesn't bode well for Intuit's other financial software.

Since the security breaches into Target, Anthem and Uber drivers database, I would never consider giving my login and password information to ALL of my financial institutions to ANY financial software package.

So I continue to go manually to the websites of each of my financial institutions and securely download each monthly transactions into a QIF file (if directly available or CSV or QFX file and convert to QIF) and use Quicken 2007 for Mac to IMPORT each QIF file as needed.

Intuit never touches my financial institutions in any way!

I would never consider giving my login and password information to ALL of my financial institutions to ANY financial software package. ... Intuit never touches my financial institutions in any way!

This article says that Intuit uploads your private financial information to their servers using a "silent connection" so you wouldn't necessarily know if Intuit holds your sensitive data, how securely they keep it, or what they use it for.

Intuit's servers are widely reported to be insecure and there is an ongoing FBI investigation of tax fraud related to Intuit filings.

Intuit's policy is dangerously insecure and irresponsible, and demolishes any trust in their company.

Such great information. I currently use Quicken Home and Business but switching to a Mac computer. Everything works great but the financial software. I have been trying numerous programs to find something that would let me do home and business together. Getting very stressful!!! Thanks for all the ideas and let me know if anyone comes up with something new. I am trying to see if I can make the new Quicken 2016 for Mac work. It is just missing a few things a need for a very small business. iBank was very good but couldn't mix the personal and business. Currently try Xero to see if I can make that work. It is very difficult as I have used the Quicken product for sooooooo many years!! I prefer a program on my computer vs online if anyone else has any suggestions. Thanks!

rfricano wrote:

It is just missing a few things a need for a very small business.

Just curious: what is Quicken missing for you?

Since it doesn't have the business side, I am missing customer invoices with a customer database. But I am going to see if I can make it work and use a separate program for invoicing. I can make the categories work and make a "business income" and different business expenses. I saw an invoicing program on Mac so I am playing around with that. I just want to get it straightened out before the first of the year. I will keep Quicken H & B on my windows till I can find something that works on my new Mac!! Love the Mac! Not going back. I will find something to make it work. So tired of windows changing all the time!

Thank you for the reply. Of course Quickbooks has that function, but I have little experience with Quickbooks since the early 2000's. My ex switched from Quicken for Mac to Quickbooks online and she loves it, but she has more "business" needs than I do.

I currently use Quicken 2007 for Mac which is still offered for sale through Intuit Support Chat for $15 and has been upgraded for El Capitan.

Avoid Quicken 2015 for Mac as it is a misleading upgrade of the generally loathed Quicken Essentials for Mac and NOT Quicken 2007.

Intuit has offered me Quicken 2016 for Mac for a 40% discount and I will probably take them up on the offer in December and see if it is really the hoped for upgrade to Quicken 2007. In the meantime I happily continue to use Quicken 2007 for Mac.

I did purchase the 2016 Mac version yesterday. Going to see if I can make it work. Change is hard for me...**sigh** I think I have used Quicken since the product came out. What I don't like about Quicken now is they want you to update every two years or the downloads won't be compatible. I only download CC charges and not banking but we use 2 cards all the time, personal and business and another 2 cards at various places...ie...Sam's Club..when the other 2 aren't accepted. I also use it to update investments like Ameritrade and 401k info. So I would like to start fresh with a program that will still let me do home and business on one program. But I am old school and still not comfortable with the online software.

For small business use you should take a look at EasyBooks, it is not however a good personal finance tool, just business. I switched from QB via Peachtree to EasyBooks (my needs have diminished) and am reasonably happy with it, more importantly so is my accountant.

I am also happy to be Intuit free.

Thanks! I will look into EasyBooks also. I was really looking for something that would work for both. I have a full time job and my husband has his own company with no employees. It is really very simple. Worse case scenario, I can use Quicken and just hand write what few invoices he has to send out. Most he just hands out when he gets to a job...very few have to be emailed. Thanks for the information!!!