Best Desktop Accounting Software
That software allows you to back up in the cloud and your computer. It has all the special effects at Quickbooks.
Ease of use and it allows you to add multiple businesses or personal accounts.
The price is what it should be for accounting software. Excellent Support, I used the support two times and was very impressed with the customer service.
No way that I know of to recover the password vault.
Serious improvement is only possible with serious measurement
These days we all have multiple accounts: checking, savings, investing, real estate, retirement, etc. All these accounts are necessary in today's world, however, keeping track of them all is a serious problem. Quicken is a tool that will bring all of these accounts into a single dashboard and help you stay on top of all the changes. While Quicken is an older piece of software and will probably never see a full rewrite to make it more modern, it is the only option for serious personal finance and it works well enough to get the job done.
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.
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.
Quicken Customer Service and product ease of functionality drop since Intuit Split
After about two decades of relying on this software for myself and some clients, I am now reluctantly looking for a replacement program.
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.
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.
Don't give up - it's probably worth it.
I had used many different types of accounting software for small and large businesses. So when I wanted a software program for my own purposes, and to grow from our personal finances into a small side business, I expected to use Quickbooks because I was familiar. Someone recommended Quicken. I tried to set it up 3 times in a free trial period, but it seemed very difficult, so I let it slide. One slow day, I persevered and completed the set up. Thank goodness I did. Once the set up is complete, the functioning is so much smoother and easier than Quickbooks was for my purposes. I'm so glad I didn't give up. I am saving time and money by using Quicken now. Well worth the effort in the set up.
The functionality has impressed me. It's bill pay feature is better than I had anticipated, and it's layout and easy viewing is making it one of my new favorite accounting software programs - and I've had many. I didn't think I would want to stray from Quickbooks, but 3 months in and I am thinking I may not want to ever go back. Correction.... I am thinking I may not ever NEED to go back.
I was a little overwhelmed in the set up - which is why I set up my accounts in the free trial 3 times and let it sit for months. It seemed too daunting and I was scared it would be way too complex and difficult to navigate. I just didn't give it chance. Once you get past the start, it's way easier, I believe, than Quickbooks. Simpler, so it may not be for everyone, but it is for my purposes.
have to hold your nose to deal with thieving Intuit (maker of quicken)
it sucks; see the cons.
works most of the time but not always as upgrades have frequently broke my configured reports
they changed to a subscription service a couple years ago and force you to pay every year when I (and millions of other users) were perfectly content with the software that we already paid them for. While I hated that they were extorting a fee from me I almost got taken by them again when I went to downgrade my service to the lowest level. Their order form online starts the subscription the day you do the downgrade rather than starting it after my existing, already paid, subscription ends (which results in them stealing another month of fees from me). I hate them but as my title suggests; I put up with them because there is no other product that does what it does as well.
Quicken Rental Property Manager works some of the time
I've been using this program for over 10 years and while it it not perfect it is better than nothing. I would like the rental part to be easier and more reliable to use. I like that you can integrate Zillow estimates and values to properties.
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.
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.
Subscrption Only - Goodbuy Quicken
Basic checkbook maintenance is good. All the "whistles and bells" added are not worth the cost.
Easy to use
Used Quicken for 20 years for only Checkbook management - latest versions REQUIRES an annual payment for services not used. Per Quicken Support - while the software is usable without renewing, you cannot remove the full side banner (top to bottom screen) and banner on the top that insists you renew, renew, renew. This is so irritating I switched software. If you are looking for a simple tool to just manage your checkbook QUICKEN is NOT it.
Quicken is very comprehensive but difficult to navigate at times
Overall it is a very comprehensive expense and income record keeping checkbook register but it is also very expensive as they have gone to a subscription based platform. Not happy about that.
One of the better features of this software is the ability to create and assign categories to each accounting entry, which makes life easier at the end of the tax year.
It is somewhat difficult to create categories as it seems to be a multi step process as you can easily mis identify as an expense or income
Great for investment management
Quickbooks is really the kid on the block that is easy to have clients use for budgeting and investment management.
Investment management is a challenge if you are self-managing your investment portfolio but Quicken makes this easy. Easy to make entries, Flexible reporting
No ticker bar or quick glance investments, 3rd party integration not that flexible, no mileage management
Keep it simple or be better
I am not a fan of the new set up of the software. I am not looking to track my personal expenses with my apartment building expenses. I just want Quicken for property management with no added bells and whistles.
When I started using this software about 15 years ago it was like a glorified spreadsheet and it was amazing! Then they wanted to start adding bells and whistles and it did not work as well.
I stopped using it for a few years bouncing around to look for something better for the price and now I am back and have yet to find a good alternative.
Lack of availability for Mac
I cannot say more than I already have. I’ve had to save information on my Mac and then pick it up on my PC just to send an invoice. This is inconvenient. It takes time that could be better off spend doing other things. Please, Quicken, bring Home and Business to Mac. Also, allow the ability to edit previous entries. I’ve noticed issues in the past that could have been easily fixed with an edit button, but you cannot. This should be fixed. As the leader in accounting software, it should have more features available than it does.
Quicken seems to be the go-to accounting software in the industry, so naturally we went with it. We were very happy with Quicken, as it is easy to teach to our new employees. I also really like the seamlessness of the program between a Mac and a PC. My laptop is a Mac while my home computer is a PC, and I find that the program itself is very similar on both platforms, and thus very easy to use. However, we initially intended to purchase Quicken for Home and Business, but it is not available for Mac, so we had to take a step back and purchase Quicken Premier. This was more than slightly annoying, but we managed to make it work.
The lack of availability of Home and Business for Mac is a big con for me. The Home and Business program allows for custom invoices, which would look really good for our small business. We also wanted the ability to track our profit and loss, so we purchased it for my home computer. We can still send out the custom invoices on our PCs, but it would be a lot easier if it were available for Mac. Hopefully, there will be an option to purchase Home and Business in the future for Mac.
USe it daily and have since the early 1990,s
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.
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!
A Product Whose Time Has Passed
Quicken for more than a decade has been "the" standard for personal financial management and I used it for many years to track my families spending habits, transactions, retirement and more. It's "the" gold standard for anyone looking to track their financial health.
Multiple online products, including Mint which is also owned by Intuit that makes Quicken, covers 90% of the features/functions that you would normally run on your computer. For those that don't want to trust their information to such web/cloud services then Quicken still remains a viable option. However, in recent years Quicken has begun to scale back on services like Bill Pay as banks and other online services take over. I don't think Quicken is going away any time soon, but it's very clear that it's time has passed and it's only a matter of time until Intuit makes the decision to retire the software.
Another all-time favorite agonizes in the mobile era
Quicken needs to move faster to mobile and cloud if it really wants to survive.
100% integration with QuickBooks, additional security features, support for more cloud backup providers are features that should be already available but are no show.
Intuit own's Mint App is an example of how Quicken should be but, for some reason, they have decided to continue working on the same outdated software instead of relaunching.
Still, Quicken is a big respected brand in the financial software world that continues to be one of my favorites.
- 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
- 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)
Good bang for the buck for basic accounting
Smaller businesses with less than 30 rentals, should be able to use this software and compensate for te deficiencies with desktop software like excel. This would be a very cost effective way of having computerized check register and reporting while minimizing software costs.
Integration with almost every bank to download transactions automatically makes me confident that we will not miss any transaction and keeps me updated on our balances on a daily basis.
Categories and Tags are very powerful and flexible tools that allow you to custom configure how you use the software and define your reporting requirements.
Other than a good transaction register (with categories & Tags) , the program lacks many needed features for managing a rental business. The rental aspect is almost non-existaent.
Mostly good/ some annoyances
Links your bank account.
Does recurring invoices
Can file your taxes
Can set up automatic payment for customers.
Can link two recurring invoices for a customer. Ex. The regular monthly invoice then when the semi annual invoice needs to be billed it doesn’t link so I have to print two invoices. Also, when I print all the invoices it doesn’t print each person’s invoice right after the other. So I end up searching for that second invoice. It’s a mess. It sounds so confusing to read what I wrote. But basically sometimes I end up sending two separate envelopes on the same month for one customer because when it needs to be printed it doesn’t organize then invoices per customer.
Still one of the easier desktop bookkeeping software to use.
Too bad no one else can create a competitive desktop bookkeeping software for the general public.
Many competitors created only an online version which can be Useless if something happens to your PC or you don't have power or an internet connection!
Worse, there's a monthly fee for their online versions!
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.
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!
There is no better Financial Manager
I've been using Quicken for over 20 years and have a file with that much information. Because Quicken offers various ways to categorize data, I'm able to get very accurate information on my spending. The ability to interact with online banking is very good. While it has some modernizing to do, Quicken is hands down the best financial manager out there.
The company really cares about users. It is as detailed as you want to be. Can manage data in various ways for you to know exactly how you're spending your money. You can store PDF bills and documents in your accounts.
Doesn't work well with touch. It's coming along but not there yet. There are a couple undocumented "features" which can really screw up your data.
Is there anything out there other than Quicken?????
If I could give less than 1 star I would! I have been a huge supporter of Quicken in the past. I encouraged my kids and clients and anyone that would listen to use Quicken. Sorry!
I have now gone to using my online banking bill pay through my bank which is free!
This used to be a great product! I have used it since 1993 to track my business finances and investments. It really helps at tax time.
Support is worse than non-existent. It is March 8th and I have been trying to get support since the first week in January. I was on the phone with a rep for 2 hours trying to get bill pay to work. I was told to hang on I need to ask my manager about that and then hung up on. I tried chatting and was told that you cannot use chat for online bill pay. Called the support number and was told that there is a special number for online bill pay. I called that number and was told by the rep that I needed to go to quickenbillpay.com but he would stay on the line and would call me back if I got disconnected. That was a week ago. Still havent gotten at call. Went through the insutructions on the quickenbillpay.com website to set up a new account and it indicated it would take 2 -3 days to set up an account and I would receive 2 transactions on my bank statement from them. Check my statement and then come back and enter those figures to confirm I own the account. That was 6 days ago and still no transactions. Yesterday I received an email that I must send in 1. My drivers License. 2. My Social Security Card. 3. my most recent utility bill from water, gas, or electric company only. 4. A voided check from each account I want to use.
Sounds like an internet scam to me. I called quicken and explained I wasn't comfortable sending all of this over the internet and by the way I have been paying for your services for 25 years and now you want all of this info. Their response is quicken was sold and that they are a new company and they have to have the info or no bill pay services! No wonder they bill pay services are now included in the Premier package. No one can use it! The bad part is I have all of my payments for cars, houses, utilities, credit cards set up for auto pay using quicken bill pay. Now I have to find another way to get them paid because it has taken 2 months and I still am not set up for bill pay. By the way they don't tell you this is what happens when you download Quicken 2018. Beware!
Its all about the profits now......
Although I am sounding as though I am resistant to forwarding technology, I am not. There are just certain things that I feel should be more protected and so far, technology has failed to prevent hackers and identity thieves from accessing peoples information due to companies insistence in having our information all over the internet and web. There was nothing wrong with the old QUICKEN but greed is no playing a part in the new QUICKEN that separated from INTUIT.
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.
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.
Fab on PC, run the PC version on the Mac, dumbed down online
The PC version of quicken is fully featured, and our accountant, tax professional, and finance person all like it, can use it, understand it, and can handle files / exports made with it. For a while we switched to Mac and the only people who did not switch were the finance people because of PC Quicken. With some 3rd party help we had the PC version running on the Mac. Every couple of years the support for connecting to banks and maybe file formats change, and we seem to have to update the PC version. We tried the on-line version, execs in the company asked for on-line access to view the reports etc. The capabilities of the on-line system were very reduced, not sufficient for our finance team.
Fully features on the PC. with excellent sync with bank accounts and other financial systems, payroll etc. The online system is well priced.
The Mac version is not fully featured. The online version is very simplified. Every couple of years for the PC version they drop support for communications to bank accounts (and file format?) so you need to buy the latest one again.
Great for tracking your financial status, but needs improvement
I've been using Quicken since 1988, so I'm very familiar with it. You can easily track checking, credit card and savings accounts. Quicken partners with thousands of banks and financial institutions so you can download your activity rather than having to manually enter it. It makes balancing your checkbook a breeze! It is rare for it to not reconcile correctly, and when that happens, it is invariably a mistake I made. You can also use it to track investments, create budgets, run reports. I use the Home and Business version which lets me track business activity separately from personal activity. I keep track of my rental property, which makes it very easy to file a schedule C come tax time. It's been an invaluable tool for me over the years and has helped me meet my financial goals.
In the last several years, the quality of the software was an issue. Lots of annoying bugs and crashes. Fortunately the company is addressing these issues.
Using Quicken for different scenarios
I use Quicken for two very different entities: 1) a small nonprofit support organization and 2) our former small business and our personal accounting needs. It works well for both these.
The ease in entering data, and the ability to produce reports that are useful. It is not necessary to use ALL the features offered by Quicken software. One can pick and choose what is useful for their needs.
I have not found flaws in this software. I have not yet found an easy way to convert reports into pdf format in order to provide to others who cannot access Quicken reports. I am certain there is a way to do this, I just have not taken the time to work through the process.
Overall good, but has room for improvements
Check if the software works with your financial institutions prior to purchase.
It's a very lean and simple tool to use for most business structures capable of handling transactions of all types and frequency.
When I purchased this software a year ago, I was excited to use it because of its promise that the software works with most financial institutions. The hint here is "most". Unfortunately, the software doesn't support Capital one products and I am unable to load my transactions, I have to key them in manually. I am surprised that it doesn't support Capital One as it's a global financial institution.
The biggest challenge that this software isn't based on subscription, and incurs frequent updates, some of them caused glitches and I had to spend hours on the phone with a service team.
Best product to track finances, investments and business income/expenses, but..
Quicken Rental Property Manager is, in my opinion, the best product to track finances, investments and business income/expenses all in one spot and on your desktop versus having that information only on the internet.
Not the best solution or the easiest to use solution for tracking rental properties. Additionally, the new releases of the product often contain very little in improvements over the prior year. However, what I like least is that the software is often released when it still appears to be in beta testing. A lot of software bugs and often unusable until the software patches are released over a period of months.