An Ideal Solution In My Opinion – Small Business Finance Software Critique
Posted in Software on January 15th, 2012 by Alyssa Sanchez – Be the first to commentI did remedy the issue by attempting the process again. If you have been manually downloading transactions previously and want to now add the account to one step update, you will come across an option to “link to current quicken account.” Out of the box Quicken 2011 is an easy installation. It converts your old quicken files if you tell it to or you can start from scratch. The software will not operate. The error message says I need Windows XP SP2, and I have SP3. So after a week of “No New Transactions Downloaded”, then only the most recent transaction downloads & the skipped ones are NEVER downloaded. This happens for 1-10 days at a time almost at a weekly basis.
I have no doubt that there is an overarching logic to this application, but it’s lost on me with this interface. Also, buyer beware if your investment brokerage isn’t a Quicken Partner (which is the only way automatic transaction downloading will work), because I have spent over an hour of each day since receiving Quicken trying to set up my 401(k) account manually, and I’ve failed each and every time. It appears now that Quicken CANNOT see QuickBooks files. It would have been nice if they just told me that! I bought this program to track my investments and it does a mediocre job, at best. Importing the data from a previous version left far too many gaps.
Most recently I upgraded to Quicken 2011 Home and Business from Quicken Home and Business 2008. I then upgraded to Windows 7 and had to reinstall the product.
The product was installed on a Lenovo N100 2gb RAM Windows Vista notebook. The 2011 edition was an upgrade from Home & Business 2008. For some strange reason I don’t see any mention of this loss of functionality anywhere on the web. With MS Money out of the picture, I hope a reasonable competing product becomes available soon. That included me! I complained about the implications of installing a ‘virus’ in my software, disabling normal account downloads, since license limitations were not disclosed previously. So, I’m downgrading back to 2009 Deluxe and I guess I’ll have to find a different financial package where Farm Operations are considered a Business.
Good going Intuit! I can’t wait for the next update in 3 more years to see which useful features get worse or disappear altogether.
It’s now been over 24 hours since I contacted them for help. They guarantee they’ll contact you within 1 business hour from your request. I didn’t want to buy this, I’ll admit, but the banks have been dropping MS Money support, so I have no option but to switch; the only software the banks now use is Quicken. I wasn’t looking forward to it, because I’ve worked with Intuit products before, various versions of QuickBooks.
Now my Quicken Schedule C matches the one from MS-Money. cheap sofas.