Quicken For Mac 2007 Lion Not Matching Categories
Yes, I'm in the 80%. Last week, Intuit released the first version of Quicken for the Mac in about three and a half years (Quicken 2007 was released in Fall 2006). It's new name is Quicken Essentials for Mac. It does have a '2010' designation, but this is downplayed appearing nowhere in the program itself.
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The only place I can see it is in the top right corner of the retail box. Let me say up front that Quicken on the Mac was the first step in changing my financial life. Keeping up with one's checking account takes discipline, and in the early years of our marriage, Kathy and I weren't all that disciplined. We did not regularly balance the checkbook. Actually, that's an understatement. I usually had very little to do with it anyhow, but I can remember times when we would try to catch up on months of statements at a time. And one time it got so bad that we had to start a new account and let the old account die.
I'm not proud of any of that, but my hunch is that some of you are guilty of no less. All of that changed in 2002 when I got a new Mac that came with Quicken installed. Keeping track of one's checking and savings accounts is not all that exciting to me. I'm not even an overly organized person by nature, but I try really hard to be. But there's something about doing things on the computer that appeals to me. If I were faced with manually reconciling my accounts every month by hand like in the old days, we might still be in a financial mess. But if I can do it on the computer—no problem.
And that's where Quicken really helped me. Reconciling my accounts in Quicken is so easy that I usually have it done in 10 to 15 minutes. And get this—since using Quicken, I have not had to make an adjustment to our accounts ever. In fact, although I still correct an error here or there, I have balanced to the penny every month since I started using Quicken in 2002. That's amazing to me even now. And yet, all is not such a rosy picture for many Quicken users on Macs.
I’m not alone in keeping the coals of Quicken 2007 for Mac alive; many of us huddle around its warmth. I used multiple iterations of Quicken from the early 2000s through the 2007-dated release.
The reality is that Quicken on the Mac has never been as robust as Quicken in Windows. A friend of mine, who happened to be a heavy Quicken user, converted to the Mac last year.
As I was helping him move from Windows, he was horrified at the limitations of Quicken on the Mac platform. He begrudgingly set up Parallels so that he could run Windows on his Mac—simply to keep doing the things he was used to in Quicken.
There are other reasons that Mac users show little love for Quicken and Intuit, the company that publishes it. I hear tales of versions in the nineties that scrambled users' financial data when they upgraded. I don't know all the details—especially because my eyes will glaze over at some point when discussions about finances become too involved—but Quicken on the Mac has never been able to do all the things with investments, stocks and the like that is possible in Windows. How to open on mac high sierra for mw@gmail.com. Some banks that allowed Quicken for Windows users to download transactions wouldn't allow Mac users to do the same thing. Now, hear me carefully—I'm not downplaying any of the issues that people have who are sore at Intuit over the lousy state of Quicken on the Mac. If any of those issues had affected me, I'm sure I'd be sore, too.
But evidently, I'm in part of the 80% of basic use that Intuit has addressed in the new version for the Mac. Thus the name, 'Quicken Essentials for Mac.' Evidently, 80% of Quicken users simply use it like I do for keeping track of accounts, connecting to one's bank for cleared transactions and the like. Right now if a Mac user is heavily dependent upon Quicken for online bill pay, investment tracking, and exporting their data to TurboTax, they will still want to use Quicken 2007 (or a Windows version through Bootcamp, Parallels, or VMFusion) until at least next year when hopefully the new version will have more of these features. The promise in ongoing releases is toward parity with the Windows version, but in the decision to rebuild Quicken from the ground up, Intuit decided they could either release an 'essential' version this year or wait until next year with a more full-featured version.