Will Mac OS X Lion Kill Quicken 2007?

Will Mac OS X Lion Kill Quicken 2007?

It’s no secret that I love Quicken. While it’s not perfect, it’s what I’ve come to depend on since I first started tracking our finances in January 1997. As such, I’ve accumulated a treasure trove of personal financial data, and I can’t stand the thought of losing it.

It’s also no secret that I’m a diehard Mac user, which means that I’ve been stuck with Quicken 2007 for quite some time. While the Windows side has seen upgrade after upgrade, Intuit has essentially abandoned development of its Mac counterpart. This hasn’t really bothered me, though, as Quicken 2007 already does everything that I need it to do.

Unfortunately, it appears that the next major Mac OS X system update (10.7; dubbed “Lion”) will relegate Quicken 2007 to the junk heap. The reason for this is that Apple is reportedly scrapping the Rosetta environment, which is necessary to run software that hasn’t been updated to support the Intel chip architecture.

I really can’t say that I blame Apple for making this move. After all, they began transitioning over to Intel chips way back at the beginning of 2006, which means that software developers have had five years to update their software to run on the new hardware. Unfortunately, Intuit hasn’t bothered to do this.

And yes, I realize that Intuit released Quicken Essentials for Mac about a year ago, but that is an entirely different program that is just a shadow of the full-blown Quicken. Gone are many many of the “advanced” features that I depend on, like any sort of detailed investment tracking. It’s now little more than a check register and budget tracker – and pretty much everyone hates it.

Don’t believe me? Check out the reviews at Amazon, where it’s averaging somewhere around 1.5 stars. Perhaps Intuit plans to restore feature parity between “Quicken Essentials” and real Quicken at some point in the future, but it’s looking more and more like Mac Quicken users will have to choose between upgrading their system software and continuing to use Quicken.

And before you suggest it… Yes, I also realize that I could buy the Windows version and run it on my Mac via Parallels, VMware Fusion, or the like. That being said, I’m not interested in continuing working around Intuit’s lack of Mac support. Instead, I’ll hunt down a suitable replacement and migrate my data elsewhere.

191 Responses to “Will Mac OS X Lion Kill Quicken 2007?”

  1. Anonymous

    I use Quickbooks online. For a long while, after having given up on the cheesy Quicken for Mac, I used Excel. To get it to do some of the stuff I used routinely before I switched over to the Mac environment required more expertise than I care to learn, but I stumbled along.

    Then got a new accountant, who preferred to have clients use Quicken. Never heard of Crossover or Fusion; didn’t want to buy a cheap Windows machine solely for bookkeeping. So went to QB online for both business and personal books: it’s great, because the accountant can access it, too. Simplified and cut the cost of tax prep. Cost is not bad and is deductible.

  2. Anonymous

    Thanks George. I have been using Quicken BillPay at no charge through my bank for years. When I tried the banks bill pay, as you describe, it simply did not work for me.

  3. Anonymous

    KT !

    Including those I manage at work, I have eight online BANK accounts at four banks, and multiple online broker accounts.

    I have found the banks’ own website “online bill pay” work great. It is a (fairly) simply matter to enter your payee and their address, then direct the bank to write the check. They even pay the postage.

    On the back end, I download transactions in CSV format to Excel. Since during the time Quicken seemed destined for the scrap heap I bought iBank, I’ve found that iBank does a superb job of importing and categorizing the OFX files all my institutions offer. At present, I’m using iBank to collect and categorize the downloads, then entering into my historical Qkn files just the summaries.

    Each of the banks (but not the brokers) I’m using also provide links to actually view deposit tickets and checks paid. Very handy. I capture those and save them in a file. (Some banks print tiny copies on statements, one doesn’t).

    Seriously, I can’t imagine relying on Intuit to pipeline my transactions through a bank. Tried it once years ago and it was a real kludge.

    Shift your online banking to the bank’s browser based websites, and you should find it working better for you. Just be sure whether your bank subtracts your payments when entered or when cleared. One of mine subtracts them immediately, another waits until they clear, which could lead someone not paying close attention to think they have more $ than they do.

  4. Anonymous

    So after making do on a friend’s older mac and using my bank’s online banking, I am back on Quicken for Mac. I really thought I would not be so old that I couldn’t do like the youngsters and pay my bills online directly through the bank. Not a total disaster, but several costly mistakes and overdrafts.

    So I swallowed my pride and upgraded to 16.1.1 for Lion. What a relief to know my finances are back under my control, kind of. I will never trust Intuit to keep me safe again.

    One glitch — duplicate online transfers that didn’t go through are stuck in my outbox and I cannot delete them. I had the problem occasionally with the old version, but from what I can tell Intuit doesn’t have a fix yet.

    While there are 2 ways to enter your bank password, only one works like in the old quicken which is why the transfers are stuck. And I have no idea if these are phantom or real, so I am worried that I will screw up my accounts.

    Any other warnings?

    And may the farce not be with us forever!

  5. Anonymous

    Thanks for clarifying what you meant Jim. I do not completely agree as far as even suggesting we would pay $20 a year for them to keep it current. We bought Q 2007 originally and expected them to keep it working until they updated it. We didn’t have to pay each year, and frankly I don’t like that idea. we bought the software and I’d rather hold the stance that they should keep the software updating as other software makers do. I am not saying Intuit will do this, but I think it is reasonable to suggest. I am in many ways surprised that they just made 2007 work with Lion and did not take the opportunity to call it Quicken 2012 for the mac. They could have. But I digress.

    If intuit did suggest we pay $20 a year to use their software, I would definitely not use it. As I think George mentioned, they make money via the financial institutions, who make money off of us. The least they can do is provide reasonably priced software to allow us to interact with what little money they leave us.


  6. Anonymous

    Way up in the chain I commented about Intuit’s business model.

    Intuit makes a lot of money (maybe most of its Quicken and Quickbooks money) by charging banks and brokers to use Intuit’s proprietary direct connections and download formats.

    Intuit forces changes in Quicken and Quickbooks to earn money from selling programs to users, and to protect its hold on bank / broker connection and download formats.

    Intuit killed the utility of QIF in Windows a long time ago. The reason wasn’t that QIF didn’t work right. It was that QIF was not truly proprietary. Banks & brokers could format downloads in QIF format without paying Intuit. I had figured out myself how to generate good QIF files using MS Word Mail Merge, so it wasn’t a big deal. Serious developers offered nice QIF add-ons, and other personal finance programs could simply import and export QIF files to lure over Quicken’s customers.

    I’m not sure why Intuit didin’t kill Mac QIF. Maybe the market was just too small, or the QIF option was the only way to migrate to and from Windows for “switchers.”

    What I do know is that it isn’t possible in Windows to do the kind of file export / import / merge we Mac QKN users still can.

    Intuit’s interest differs from ours. We want useful, cost-effective, software that meets our needs. Intuit wants us — but not as happy customers, as revenue streams.

    A nice idea that Intuit would preserve Mac Quicken “as is,” for which I, too would subscribe.

    But it is as hopeless as thinking Apple will start issuing security updates for your PowerPC Macs relegated to Panther, Tiger, or Leopard.

    Take that shiny and fragile iPhone out of the coffin sized protective Mophie Juice case with extra battery. See any way to replace the battery? Of course not. When the battery is dead, you’ll toss the phone, pay $200 for a new “battery” (wrapped in a shiny new phone), and commit to another two year contract at about $1,200 a year.

    You’ll do it for Apple’s bottom line. Why not Intuit’s

  7. Anonymous

    Michelle … there was an “IF” implied in the front of that statement/question. I said, “There are a lot of us out here that will be glad to pay $12 to $20 a year just to make sure Quicken 2007 will run on our computers and on new operating systems and keep Quicken 2007’s capabilities AS IS!!!” … Quicken does NOT do that right now for Quicken 2007. I’m suggesting that they DO continue to support Quicken 2007 AS IS – just make sure that it runs on our current machines and new OS’s. That’s what I would be willing to pay $12 to $20 for. I’m sure that Intuit would recognize this as a reasonable business proposition if enough of us asked for a subscription service to insure that “the logic and backward compatibility” stays the same.
    Thanks for caring … JEB

  8. Anonymous

    Jim comments that he is willing to pay $12-20 a year… is the fee they are charging a yearly charge? The old software was one you bought and only paid again if you wanted to upgrade. I’ll go check intuit, but I’d like to know if anyone knows if they are now charging a yearly fee.


  9. Anonymous

    For the record – I just tested the following: If your old file is opened by the new 2012 version of Quicken 2007, will you be able to open it up again and use it in your Old 2007 version of Quicken 2007?” My test was using the new 2012 version on Snow Leopard and the answer is YES. However, what if I open an old file on Lion with the new version, will I be able to open THAT file back on SL using the old Quicken 2007? … stand by (as if you will have to wait!) … The answer is YES, I could open a file in the Old Quicken 2007 on SL after it had been opened and modified by the new 2012 version on Lion. All modifications were there.
    I certainly hope that Intuit learns a lesson from this. I would hope that they continue to support a program called Quicken 2007 in the future because Quicken Essentials sucks! There are a lot of us out here that will be glad to pay $12 to $20 a year just to make sure Quicken 2007 will run on our computers and on new operating systems and keep Quicken 2007’s capabilities AS IS!!! WE DO NOT NEED ANY NEW BELLS AND WHISTLES, INTUIT! IF ANYTHING, YOUR BELLS AND WHISTLES DO NOTHING MORE THAT SLOW THINGS DOWN, ACCOUNTING PRINCIPLES ARE NOT CHANGING – SUPPORT US!

  10. Anonymous

    Hey – I’ve loaded the new Quicken 2007 and I’m good to go. It runs the same on Snow Leopard and Lion so far. Note that “George from Tulsa” commented about, “’Menu Bar Actions Buttons’ not included in the new version were deleted from the file.” I got this same message so I did a one-to-one check between SL and Lion’s toolbars. The Lion version no longer has the following toolbar tools: BankRates, Debt Plan, Deduct, MyFinance and Retire. The rest are the same. I, personally, have never used any of these tools and will not miss them. I’m just happy now that I can get my wife back to work doing her charge account entries on her Lion based iMac!! A THANK YOU to Intuit but you really were a very bad boy, Scott Cook, for letting this happen!

  11. Anonymous

    Quicken 2007 for Lion has been released for download (or, possibly, even CD delivery) on the Intuit site.

    I have downloaded the $14.99 program and successfully installed it on my Lion 2011 MacBook Air.

    In a VERY BRIEF test it worked fine. Generated memorized reports.

    When it loaded it notified me that some “Menu Bar Actions Buttons” not included in the new version were deleted from the file. I checked but did not find a file or FAQ discussing what is and isn’t included in the new version, or how it differs.

    Purchase link: http://quicken.intuit.com/personal-finance-software/quicken-2007-osx-lion.jsp

  12. Anonymous

    Hi, in case you have not seen it yet, Intuit has released a lion friendly version. I have not tried it yet, still trying to decide if I want to give Intuit any more of my money. A friend has loaded it on their laptop with SL and on their iMac with Lion and says it works fine on both.


    I’ll be interested to hear what others have to say.. is it any different than the previous 2007? Or is the only difference is that it will run on Lion? I have not read that much yet, just wanted to share the link here.


  13. Anonymous

    Love the quotes.

    I borrowed a friends old mac and loaded Quicken 2007 on it. I finally bit the bullet and set up online banking and I hate to admit that I like it. But I had Quicken wired and it worked just fine.

    Anyone know anything from Intuit?

  14. Anonymous

    Virtually every response above says the same thing. Intuit has failed us – they have built up our confidence over the years to slap us in the face with this non-support of the Mac even with Intuit having someone on the Apple board. Quicken 2007 has done everything I have needed for over 20 years. I have backup files going back to 1990 (all updated to Quicken 2007). I spoke with Scott Cook at a funeral in 2008 and mentioned that I was not real happy about Intuit was going with Quicken. He got very uptight but we were unable to continue that conversation because of where we were. What is Intuit thinking. Well, they have certainly changed their business model and we, the disgruntled customers need to do something about it. In the installation disk for Quicken 98 in 1998 they stated the following:

    “Fifteen years ago, Quicken began as one idea: a way for people like you to simplify finances. From the start we listened to your ideas, suggestions, and comments. Which is how that first idea now reflects those of over 10 million people who trust their money to Quicken.

    “”‘ Do right by our customers’ as am Intuit value we live by in our daily interactions with you.

    “We know we’ve succeeded in doing right when all of our customers feel that they have benefited from their association with us.”

    Well, we no longer feel that we have benefited! Not continuing to make Quicken backward compatible has caused many of us to lose data. Taking away capability is letting us hung out to dry. It seems to me that there is a legal issue here. Someone mentioned a possible Class Action suit – this is one of those times when litigation seems appropriate. We.ve been set up. – JEB

  15. Anonymous

    KT –

    Sounds like you have it covered. If you have a “late 2011” MacBook Pro Apple apparently changed it just enough to deny your ability to run SL.

    I’ve been using iBank for my personal stuff. My local credit union offers free online bill pay. Enter the payee, they mail the check and pay the stamp. I set up a “small” account just for that, and have as many bills auto-charged to it as possible. With the big computer in the sky keeping all my payees, all I do is download from the credit union to iBank, and iBank fills in many of the details I used to laboriously post in Quicken.

    For work, I need Quicken’s reports, and thus at work we have several Macs, all on Snow Leopard. We will NOT upgrade to Lion unless the new Quicken promised this spring works at least as well as Q 2007. And even then probably will just ride our existing Macs out on SL until they expire from old age.

  16. Anonymous


    Thanks for your input. I have Time Machine backups of everything and that is not the problem. Other than Quicken, I have no problems with Lion.

    Apple support and tech teams have essentially said that this new MacBookPro is locked into Lion — true or not true. I woke up with the idea of creating an external hard drive using the relatively new one from my old computer (disabled by the expensive to replace logic board). Apple Tech Support says that Lion on this laptop will not permit another operating system to pass through it.

    Guess I am digging in my heels…swimming upstream. You are right that I need to get everything out of Quicken into a format that I know will be around in some form. I am already in the process of setting up all of the payee info in Excel — which tech support remind me was originally an Apple product.

    And I don’t need all of that history, but it is really great to have those saved reports when my husband makes broad statements about how we spent our money.

    I guess the answer is to use online banking and download the transactions into “something” on my computer. Just can’t count on Quicken anymore! (or I could it I weren’t digging in my heels)

  17. Anonymous

    KT –

    1. So do you have backups? If you have backups, you could go someone else’s SN computer with Qkn 2007 and run your stuff.

    2. Even if you don’t want to upgrade from Lion back to the better Snow Leopard (presuming the new Mac you bought even would), you might be able to install SN to Dual Boot on an External HD and run Quicken from that.

    3. If all you’re worried about in the future is never losing any data, forget it. I have file drawers full of useless backups. Floppies, tapes, even hard drives, filled with data that won’t mount on any contemporary computer, or even if mounted, run on any contemporary software.

    Quicken’s proprietary formats just don’t translate to other software.

    My wife works for HAL 9000, and in the past worked for other large corporations, including one which set up a massive data vault in a salt mine deep beneath Kansas. The data was on mainframe tape reels, and as disk packs replaced reels, had to be transformed to the packs, then later to PDP type servers, then Win servers, then Apache . . . It is never-ending.

    Quicken Essentials is a sad joke. But its very limited capability gives a fair preview of how Apple’s new “sandboxed” App-Store-Only software is going to work.

    In the meantime, if you do know someone with a SN Mac, even if you have to install your version of Q 2007, take your back up file over, and print reports of all your data, then paste in Excel, and also print it to PDF. You can print lists from Q 2007, and one way or another (including creating a fake bank account and writing checks just to print out your Quicken memorized addresses (use plain paper!), you can get all your data out.

    Then HOPE, since you seem committed to Lion, that the promised spring adaptation of Q 2007 to Lion appears and works right.,

  18. Anonymous

    Thank you all for being my Support Group! As we say in the South, I AM FIT TO BE TIED

    Been using Quicken since 1995, and on the Mac since 2007. To say I am frustrated and angry is an understatement. I hope Intuit goes under! Can anyone say Class Action? To put Quicken Essentials on the market was the stupidest move I have ever seen a company make. Abandoned their customers!!!

    I am literally stuck because I am hooked on Quicken Bill Pay and cannot pay my bills right now. This seamless and free interface with my bank to pay my bills through Quicken was amazing. I even forgot that I was using something called Bill Pay.

    My iMac was pronounced dead and I had to buy a new one with Lion. What a shock when I converted to Quicken Essentials and most of my scheduled transaction and Payee information is just plain gone. Unimportant things like addresses, account numbers, phone numbers…Quicken support offers no remedy and literally told me that I shouldn’t have bought Essentials, Well there is a solution fellas! Why didn’t I think of that!

    None of the options sound right for me. I cannot fix my old computer to get my payee information. I am not going to load another operating system on my new computer. I am not going to spend the money to buy a used Mac to run Quicken 2007. If I move to Quicken 2012 for the PC, none of my scheduled transactions or reminders will convert. I cannot set up online banking through my bank until all of my outstanding Quicken Bill Pay checks have been sent — 10 days from now.

    Why would Quicken do this? They knew Lion was coming as their CEO has been on Apple’s board for ages. Is it to make me pay $9.95/month for Quicken Bill Pay? That is all I can figure. When the new Lion compatible Quicken comes out, will Bill Pay be part of it? I doubt it.

    So to pay my bills, I will write checks for a while then switch to online banking. In the meantime, I am printing what I need for taxes out of Quicken Essentials before I return it.

    So the bite — how do I keep myself from being in this position again? Will the alternative programs be around? Is the CEO of Intuit going to keep his deathbed promise to Bill Gates that they will develop a REAL Mac version of Quicken? Do I succumb and wait for Intuit to release the software they have promised — and use it to just be able to access my data? Forget about Bill Pay?

    Anyone have any ideas?

  19. Anonymous

    Haven’t slogged through all the posts on this thread, so, sorry, if my $0.02 is repetitive.

    Started the New Year hoping to switch over from Quicken Premier to a Mac solution. Downloaded both GNUCash and iBank.

    GNUCash, interesting product. Relatively easy to setup, except when it came to investment accounts. Some trial and error to finally get those to work correctly. Two big issues, for me, 1) investment account transactions, especially splits involved for each transaction, was cumbersome and hit or miss on getting the transaction to enter correctly. 2) The stock quote downloading program would not load: Lion missing some pieces of expected software. One piece was the latest Xcode apparently, but looking at the other messages, looked like it might be more (and stuff that Apple has deprecated), but did not investigate any further due to didn’t see GNUCash being a good replacement (ease of use being big issue since I don’t want to spend lots of time doing things that happen quickly/easily in Quicken).

    iBank came oh-so-close. Got it setup and running easily and quickly. Issues for me was relatively poor (for me) reporting, particularly tax reporting and transactions. Specifically, after much playing around, could not figure out how I can properly record/report an IRA recharacterization to a ROTH: I could not find a way to record the taxable distribution (ie. duplicate Quicken’s enabling an account to trigger a tax event when money goes in/out of the account).

    So, will be sticking around on Quicken on Windows for this year, especially since last I looked, Amazon Downloader does not work on Lion, so I have an additional need for Windows (VMWare Fusion for the record for my VM software).

  20. Anonymous


    I converted to Quicken for Mac from Quicken for Windows version ’98.

    At that time, Quicken for Windows would both read and write QIF files, so I was able to export QIF from Windows and import them into Mac.

    It was not simple because Windows Quicken ’98 and the version of Mac Quicken I had did not “line up exactly,” so the conversion was not seamless.

    Here’s a link to the Intuit instructions on how to do the conversion:


    Good luck.

  21. Anonymous

    I don’t have a problem with Crossover – and it’s currently running Quicken 2012 just fine. What I’m having a problem with is importing my data – which I’d really like to do. I guess you can say I’m attached.

    AND, I’m willing to be a slave to Intuit a little longer (even though it does disappoint me to no end that they aren’t investing in updating the Mac version). Quicken 2007 does exactly what I want it to do – everything from investments, to loans, to paying bills and managing a number of checking accounts. It’s been great exporting to TurboTax as well (I’ve done my taxes myself all these years). So Neil’s comment makes me happy. I’ll wait out the Lion version of Quicken 2007 and then upgrade to Lion.

    Thanks again.

  22. Anonymous


    I suggested “just start over” because that’s the best way to do it.

    Twenty years of data? Really? It is hard to imagine needing twenty years of financial data, though keeping basis and depreciation records is important. But you sure don’t need twenty years worth of utility bills.

    Crossover is not a good solution.

    If you’re really wanting to run Quicken on a Mac, install Win 7 on a Boot Camp partition and run Quicken there. It will work fine.

    But you’d really be better off running Quicken on a cheap Windows stand alone box. $300 or less at Best Buy, and you can use your Mac to control its screen.

    If you want to run a Mac, you’ll just have to suck it up. Either get Snow Leopard and run Quicken 2007, or adjust to one of the Mac programs (iBank) that is a pale substitute for Quicken.

  23. Anonymous

    I just tried exporting from Quicken 2007 and importing into Quicken 2012 running under Crossover and it didn’t work. I’ve seen several comments about how importing into Quicken for Windows doesn’t really work. Is that really true?

    Running Quicken under Windows is a solution I really want to test out and would love any suggestions / advice to enable that to happen (beyond the comment I read that said, “just start over” ). I’ve got almost 20 years of data that I would like to continue to interact with and use.



  24. Anonymous

    Rob, you stated a while ago, I think, that the Apple store transferred files over to your Mac already. Are you sure that they didn’t do the Quicken data already? It seems arbitrary to me that they would have transferred data from your hard drive and intentionally left out the Quicken file. If for some reason they only transferred stuff that would work on the Mac out of the box, perhaps you could coerce them into transferring the rest of the files just for the sake of completeness? If they didn’t transfer it already and they won’t do it now, then you will need to see about getting the hard drive from the Dell hooked in to your Mac. And perhaps the Apple store can give you some advice.

  25. Anonymous

    Rob, up in #156 are some specific suggestions.

    How dead is dead? If your Del’s Hard Drive is irretrievably deceased, you’re just out of luck unless you want to buy and try or pay a geek shop to run SpnRite and try to recover it, bit by bit.

    But if your Dell is a desktop with slots, you can install a new video card.

    If your Dell is a laptop and the backlight has burned out, an external monitor should plug in and let you get your stuff off. Been there, done that. In fact, used the old HP laptop for more than a year with a dead screen, but connected to a working external monitor.

    If you can rip the hard drive out of whatever it is, OWC “MacSales.com” offers enclosures, “toasters,” and simple cables that will let you mount the drive and chase its data. If the drive works. If the drive doesn’t work, and its data is precious, SpinRite might fix it. That’s a program.

    Backup, backup, backup!

  26. Anonymous

    Thanks again to all of you. I am starting to lean your way, George. Virtualizing seems to be somewhat of a hassle. That may be best way to go (or just start over with iBank or SEE Finance).

    But if I go with a cheap laptop then what is the best way for me to get the Quicken files off of the dead Dell and onto the new laptop?

  27. Anonymous

    Rob –

    While I understand only the virtual windows install stands to be corrupted by virus and malware, that would be bad enough. Simply use the free Microsoft Security Essentials available all Win Versions beginning with XP.

    If you install Bootcamp, and Windows, you’re running a Windows computer on Windows hardware (though Apple branded). The Bootcamp partition can be attacked.

    If you try CrossoverMac, (or other Wine installs) they are susceptible to viruses and can load them into the Mac itself. (per the Codeweaver’s site, developers of Crossover)

    I was unable to get Quicken 2010 to run with all features in Parallels until I installed Windows and Quicken into Bootcamp, then had Parallels “read” the Bootcamp partition to virtualize it. THAT resulted in my computer having the Virtualized Windows & the Bootcamp Windows, both needing updates, and problems with Microsoft’s update service.

    Those issues, and kruft on my Mac, is why I recommend buying an inexpensive Windows machine if you’re going to run Quicken for Windows. The $294 I paid for the new 15″ Toshiba laptop running Win 7 was a bargain, and less hassle than virtualizing. Not sure how cheaply Windows machines can be had as of Dec 2011, but pretty cheap.

    $259 at Best Buy!

  28. Anonymous

    Wow. Great advice here. Thanks so much. If you use Parallels or VirtualBox to run Quicken for Windows (any version) on your Mac, do you need to then install any type of PC/MS Windows type malware or antivirus software on the Mac to “protect” your Windows programs from viruses, etc.?

  29. Anonymous

    Trying from phone

    If dead Dell a laptop may work with external monitor

    If desktop video cards really cheap

    Also visit macsales.com / OWC to connect drive from your dell after taking out

    Will enable read on mac

    F info: pd $294 for 15″ Toshiba win 7

  30. Anonymous

    Rob: if it’s just your monitor that’s dead, maybe you can view the screen output through the VGA or DVI port, IF it has one. On the other hand, if your whole video card is dead, those ports probably are too. You can shop on the internet (google on topics like “rescue hard drive” “save data from dead computer”, etc. for a device that will let you take the hard drive you remove from your dead Dell and plug it in, through a usb port, to another computer that can then read the files on the drive from the Dell. Be sure that you first know exactly (from Dell or there will be references on the sites you find from your search) WHAT hard drive (make, size, connector) you have in your Dell. Then purchase the correct adaptor to usb, open your Dell and extract the drive and plug it in. I have done this to “rescue” the data from a dying Toshiba laptop and it worked like a charm. You can even sometimes do it from a failing drive IF you get the drive out while it’s still running and not too corrupted. Basically, if the Apple Store guys, “transferred” data from your Dell to your new Apple, that’s what they did, in-situ so to speak. They may well have gotten your Quicken data file over to the Mac (or they may not have)—it should have been in your username documents and settings, in a folder named “Quicken” I think. You can do a global file search on your Mac for a file named “.q**” and see what files with an extension starting with Q you have.

    BTW, Jared, thanks for the tip about “Virtualbox.” I went to their website: very interesting. For the technically inclined with the time to learn it, that is probably a great way to get to a Windows VM on your Mac. Like all freeware, the support will be kind of “do-it-yourself” but the documentation is impressive. Since finding that you can get Parallels Desktop 7 for $42 on Amazon, I would still say that it an attractive option, since I have found Parallels support to be extremely fast and professional (for “tweaks” and features….haven’t had any real problems) and for the estimated 2 year life of the software, $21/yr. isn’t bad for professional support and warranty, if you don’t have the kind of hobbyist time that keeping freeware going can consume. Still, having Oracle behind it makes Virtualbox a formidable competitor to Parallels for sure.

  31. Anonymous

    Rob, Willyip and anyone else. I have always been a Mac person and probably always will but after trying all the Mac financial programs that I had hoped would be as good or better than Mac Quicken 2007 I went to Quicken 2012 for Windows. I added Parallels 7 and I was amazed at how easy Windows and Quicken run. I was not successful in transferring my Quicken Mac data to Quicken for Windows so I just decided to start new. I like being able to make a fresh start. The other thing this solved was the lame scanning software for Lion. I now use Windows to scan. I’m glad I did it and for anyone coming from Windows to Mac it makes since to run Windows on your Mac so you can still use your Windows software. For those who don’t want to do this I hope you find a Mac financial program that will work for you.

  32. Anonymous

    Thanks to everyone who weighed in on this issue. Very helpful and much appreciated! My real issue now is (1) how to locate and get those Quicken files off of the old Dell (without a working monitor), and (2) how to load them on to the new iMac. That is going to be a real challenge. Anyone have any thoughts on how I can access and locate those files on the Dell and then import them onto the new Mac?

  33. Anonymous

    (tried answering Rob from my iPhone browser, but it hasn’t posted, so I’ll repeat…forgive if this duplicates that post showing up late!)

    Rob: you are in the same situation as I was…a long time Quicken Windows user switching to Mac. Many of these folks understandably resist on principle going to a Windows version of Quicken to run their finances, and I understand that. From my point of view, adding Parallels and installing Quicken WIndows on my Mac has been easy and totally trouble free. And I have the same financial program I’ve always been used to…no learning curve, no “translation” of files or exporting/importing data to a different versionof Quicken.

    So I would heartily recommend you investigate running Parallels and installing the Quicken you’re used to. You can find the new Parallels 7 on Amazon for $42 and a brand new copy of Windows XP SP3 there also for $55 to $75. There are cogent arguments for not running XP but rather going to Windows 7 in your Parallels virtual machine, but those mainly apply to security considerations, and if all you are running parallels for is to run Quicken, XP will run it just fine and you won’t have any security exposures if all you do in Windows is access bank websites.

    I am running Quicken 2011 now on Parallels Desktop 7 (recently upgraded from 6), and in Parallels “Coherence” mode on my Mac Book Pro it runs so fast and so well, right off my Mac app dock, that you would never know it wasn’t a native Mac program. And, if you like, you can even run it in “Mac Look” mode and make it very much like a native Mac program, though personally I am so used to Windows Quicken that I don’t do that.

    Your total cost for getting a new copy of Quicken running in Parallels 7 under XP SP3 should be well under $200 (much less than a “Windows box”) and then you’ve got the added benefit of having WIndows available right on your computer if you’ve got some other “lagacy” programs you need or like that aren’t available for Mac. Just remember to either limit your XP virtual machine from non-secure web exposure and email OR run full WIndows mal-ware protection on your VM and keep your XP copy up to date on the Windows update site (Microsoft is supporting XP until 2014, and by then you’ll want to do something different anyway!).

    I am very happy generally with my new Mac, but I am also very happy that I can still run Quicken in the form I am used to and do all the reporting and tax calculation that I depended on without having to relearn the ins and outs of a new finance program….though I know there are some good ones available for Mac. Despite some of the negative comments you’ve read above about the Parallels approach, I have found NO downside to it in operation and don’t see why anyone with a Mac wouldn’t want to be able to use the entire universe of Windows apps in those areas where there just aren’t any for the Mac (for example, I also run the update software for my car’s Escort radar/laser detector in Parallels, as Escort does not make ANY Mac compatible apps). Solves a lot of problems for the Windows To Mac conversion pilgrim!

    Good luck with your project. Obviously you’ve got to find your Quicken data file on that dead Dell. My Quicken 2011 saves its active file under (username)Documents/Quicken folder/.QDF file, but I’m not sure if you’re 2006 did the same. They did change their format of file naming every so often. Once you find your Quicken data file, you can import it right into your Quicken program running on your Mac (under Parallels) and you’re in business!

  34. Anonymous

    Rob, San Francisco

    1. Your best hope is to find someone who is running Quicken on Windows and ask them to go through the steps to export your file.

    2. Quicken Essentials comes with a conversion package that will import QWin 2010. But once it is in QEss it is pretty much locked in there.

    3. Quicken 2007 won’t run on Lion, and I presume your new machine is Lion, so you’ll be looking at a program, like iBank, that can import CSV or QIF. But Intuit doesn’t make that (much) possible.

    4.Your best bet is to use a friend’s computer to run Quicken 2010 or so for Windows on your QDATA file, just to finish the three weeks of the year. Use Quicken’s excellent reports, and send all the data you might need, stock basis, etc., to printed reports.

    5. Then begin 2012 with a clean install of iBank. If the old Quicken data is important, scan in the reports you generated from your friend’s computer.

    6. If Quicken is really, REALLY important to you, MacMall still has a few Snow Leopard MacBook Airs, or you could buy used. You’d need Quicken 2007 for Mac, and probably have to find that from eBay. You could buy used. I tried and don’t recommend running Windows on a Mac to use Quicken. If you want to go that route, buy a cheap Windows box. Not THAT much more expensive than all the stuff you have to buy to run Windows on a Mac (including a new full Windows license, though you could try importing your old Dell into Parallels. Don’t know how that really works)

  35. Anonymous

    Can anyone help me with this problem? I ran Quicken (last version 2009) on my old Dell for 8+ years. Last week my Dell failed (video card problem?) and I could no longer view anything on the monitor. (Unfortunately, the last time I backed up Quicken was in May 2011, so that was the last QDATA file on my Dell desktop. But my QDATA file in use with the Quicken program itself was of course updated after every use.) Because the Dell was old, I decided to just get a new iMac. I had the Apple Store transfer “all of my files” over from the old Dell to the new iMac, but of course they didn’t/couldn’t transfer the Quicken program itself. Now I need to get a new personal finance program and really don’t want to use Quicken Essentials. But either way, if I purchase iBank or some other program compatible with Macs, what Quicken-related and useable data do I now have on my new iMac for use with iBank and how do I find it and import it into iBank? Am I just stuck with the last QDATA file that was backed up (May 2011) and was on my desktop, or is it likely that some other Quicken file came over that is completely up to date as of my last day using Quicken? I’m just not sure what Quicken data I have on my new iMac that I can import into any new Mac-compatible personal finance software. Can anyone help? Thank you.

  36. Anonymous


    I stuck with Snow Leopard because I needed Quicken and if you read above had tried out all the alternatives, including the “Windows” on Mac install.

    First, Quicken for Windows doesn’t do QIF export / import. So it is pretty useless for me.

    BUT Windows works ok, if you can adjust to it. If you need Quicken for Windows, get a cheap Windows box and don’t mess up your Mac.

    Don’t upgrade to Lion. The Web and Mac Advice Podcasts are filled with people in a world of hurt because upgrading doesn’t seem to go “just right,” then their machine is noticeably slower and less reliable.

    I have a 2011 Air which should blow the doors off the 2010 model, but it doesn’t, and I think the reason is all the overhead of Lion’s hidden versions, saved states, and more Apple has done to hide stuff from the user.

    So just say no to Lion. But be aware that old machines die, and Apple’s new machines (currently the 2011 Air and Mini) can’t be upgraded from the Lion downgrade back to Snow Leopard. Thanks, Apple, for the firmware block generating kernel panics at the attempt. When your old machines die, you won’t be able to replace them.

    In the meantime, you can (probably) still run your old Mini by Remote Desktop. Hardly know it is there. But it is old, and won’t upgrade even to Snow Leopard. So it is not long for the world. In the meantime, if Quicken is really important to you, buy the newest machine you can that will still allow “backgrade” to Snow Leopard. You’ll have at least three years, with Apple Care. There’s still some machines on the Apple Refurb store that ship with Snowy, and MacMall has some, too.

  37. Anonymous

    WHY on EARTH would I want to run PC software on my MAC? I am tired of seeing comments about running Quicken for Windows under VM/Parallels, etc.

    Do you NOT get the point? INTUIT abandoned the MAC users of Intuit. I still have Quicken 2007, and have been using Quicken since I first starting working and paying bills. I started on a Windows version, and converted over to a MAC. I am NOT going to backwards. I already did that with the Business because our dispatch system didn’t import invoices into QB for Mac, only for Windows, and THIS is because of INTUIT. So, for the business, I got a little laptop.

    I am still looking for the illusive, yet fulfilling QUICKEN 2007 MAC alternative. Maybe Santa’s Elves can make one? So far, the most viable option has been iBank 4, or possible Quicken Essentials. I don’t have investments to track, but I do need to be able to keep track of account transfers and tax stuff.

    My current option is either not upgrading to LION (which means I cannot even use iCloud between my iPhone and my iPad), or use my old iMac G4 and reinstall Quicken 2007 on it. According to my husband it cannot be upgraded to LION. Like a 6 year old really needs LION? But, then I will be working on three computers…

  38. Anonymous

    I discovered this issue when helping a friend research the viability of porting her parents over to a Mac. Quicken seems to be the only sticking point. Before seeing this thread I recommended Moneydance. I run Linux at home and was a long time Quicken user before moving to Linux. Moneydance was the best of the 3 that I tried and I’ve been using it for 8-10 years very happily so I can give that one a thumbs up. I use a Macbook for work plan on treating myself to an iMac for home in the near future and will bring Moneydance along with me when I do.

  39. Anonymous

    Thank you for the great info on various Mac alternatives to Q for Mac. The one topic I haven’t seen discussed in a current balance calendar. This lack of visual balance data is the primary reason why I gave up on essentials and went with Q-07. Could anyone tell me if any of the Mac alternatives (SEE, iBank, MoneyDance, etc) let you follow your projected balance graphically?

  40. Anonymous

    To: Sigourney Street

    There’s 143 posts ahead of yours with lots of info, including links to reviews by our host.

    At this point, there’s not much to be said. Hopefully, you kept a backup of Snow Leopard so you can reinstall, as it is August, and if you want to use your Quicken data for 2011 taxes, you’ll need to either extract it, or rebuild your files.

    As to your outline of very basic needs, maybe you don’t even need a personal finance program. Apple’s Numbers nicely imports OFX files from banks. Depending on your bank’s export function, Excel does just fine with CSV files.

  41. Anonymous

    Thanks, everyone. I upgraded to Lion recently. It is pretty but at this point, I wonder if that is all it is.

    Just tonight I found out Apple/Mac and Intuit/Quicken are no longer compatible. With your remarks, I know I won’t depend on Intuit any longer and I’ve got my new choices narrowed down to two or three options.

    Any help here, though?

    I basically use the Register function (on Quicken) and then Report functions (also on Quicken) for taxes. Which application do you think is best? I’d rather take basic ease over buzzers and bells.


  42. Anonymous

    re: SEE FINANCE # 2

    I’d never downloaded the See Finance trial because SEE doesn’t print checks.

    Today (Aug 21 2011) I decided to give it a spin.

    Had no trouble exporting data from iBank as QIF, that is, after I went to System Prefs and reset the default short date to mm/dd/yyyy

    Had no trouble importing the QIF file into SEE.

    See, I was really excited about the promise of “mouse free data entry.”

    See, it may not be exactly a lie, but I couldn’t get stuff to work without the rodent.

    See, you have to enter payments as negative numbers. Meaning there’s one “amount” field in data entry, so to tell SEE it is a payment or withdrawal, you must enter – before the ####

    Not necessarily a biggie, but unlike ANY other P/F program I’ve ever tried.

    Then there’s the way SEE does SPLITS. It SHOULD be possible to create splits and enter without a mouse, but I could not navigate from split to split without the mouse, even with the “keyboard shortcuts” open for help right beside the program.

    SEE, here’s where I see SEE being maybe useful. IF you import everything from your bank or broker, then enter any necessary splits. Difficult as it is to believe, the “mouse free” entry screen in SEE seems even more of a kludge than iBank4 or Money 4.

    What’s so difficult about emulating the data entry screens in Quicken? Are they patented or trademarked?

  43. Anonymous

    Good to know about the check printing in See Finance although these days I haven’t used that. There are things that I would like to see improvements in but they are minor. One is auto decimal placement and another is using the return key to record a transaction instead of having to use the lock and unlock button. I guess I’ll have to start making a list but for me all the basics are there.

  44. Anonymous

    Harry. thanks for your kind words. People are going to think we work for the SEE Finance guys…!
    Exactly like you said, most of the Quicken wannabes can’t seem to get the portfolio function right or at all and SF does a very, very good job. The others are focused on creating a cartoonish interface, supposedly trying to appeal to “the consumer” with budgeting and expense tracking only, but that’s just not enough and why many of us deplore the loss of Quicken….
    I still find the reconcile function a bit weird in SF, but it works.
    Another good thing I’ve found in SF is that I’m able to direct-connect to download transactions from places I used to have to download manually and then import into Quicken like Chase Visa (for free) & ING Direct!
    The $29 price tag is ridiculous and it seems they’re working on improving it further, so what’s not to like?

  45. Anonymous

    I´m user of Quicken for Mac 2004 and now have Lios OS. My older version of Quicken can´t run. If update to Quicken 2011, can I see and work with my older archive and information?

  46. Anonymous

    “but everything’s working OK so far, except of course anything depending on Rosetta, Quicken among them.”

    And anything depending on gtk-quartz, GnuCash among them. A beta for Lion was released last week, but it is very much still a beta.

  47. Anonymous

    It’s really amazing that nobody can come up with a decent alternative to Quicken Mac.
    I’ve migrated to Lion and I’m not as impressed as the advertisements would have you believe, but everything’s working OK so far, except of course anything depending on Rosetta, Quicken among them.
    I tried all the usual suspects and was quite disappointed, MoneyDance, iBank 4…and then I stumbled on to SEE FINANCE, which is not perfect and still has me confused about how some things work, but imported my QIF file almost perfectly, something iBank, etc were unable to do, the portfolio is pretty good, the online downloads are all working and all my accounts are now up to date and I almost don’t miss Quicken any more.

  48. Anonymous

    I’ve been using the trial of iBank and Moneydance for the past month. There are features of each that I like but I am pretty sure I will end up choosing iBank. The import is smoother, to me. In MD, there is a list of entries that come up and you choose which to ‘confirm’ or ‘merge’ each time that sort of throws me, in the way of too much visual data to sort. I am sure that I might get used to it, but the same process in ibank is cleaner, for my visual taste.

    In MD, there is not a tool bar, you have to choose one of the pull down menus. I don’t know about others but I’m often doing this at night, after work and having to ‘think’ which pull down menu hold the tool I’m looking for in that moment is a step I’d rather not have to make. Like in Q I like the icons that I can recognize and choose in one step/click.

    Also in iBank, your balances show up under the name of your account in the left colum. in MD, the balance is off to the right of the account name so you have to have that column open wide enough to see them.

    I do like the narrower rows in MD but in iBank, the rows are more clearly defined so when I’m scanning my register looking for something, it is easier to focus in on what I’m looking for.

    I am still using both, to see how they work, and I like them both, but each time I close out my session, I lean towards ibank for the ease of use.

    I have read on the MD forum that there is some trouble with the iphone app, and I don’t know about the iBank app. I don’t know for sure, but I don’t think either company has an ipad app yet.

    And while I appreciate the idea, I have NO desire to buy and install windows so I can buy and install Q for W. As others have said Intuit has not cared enough to keep a solid product current for mac users so I do not see the value in giving them more money. I’d rather support a company that has built and is improving a solid product that works happily on our great apple computers.


  49. Anonymous

    Quicken on Windows using crossover just doesn’t jive for me. Intuit left us high and dry for years and I’m sorry but no more. iBank4 is working although I don’t know why they don’t do their investments like Quicken.

  50. Anonymous

    You can use the full Windows version of Quicken on a Mac if you install Crossover which is a program that lets you run a good number of mac programs natively on a mac. It has a few minor bugs but for the most part it works really well. I’ve been using it for years.

  51. Anonymous

    After installing Essentials for Mac today, I decided I hate this program, and removed the program and all related files. Then to my surprise, my original Quicken 2005 files would not open with Quicken 2005, getting the error message “this file requires a newer version of Quicken”. I had to resort to Time Machine and pull in yesterday’s copies of the Quicken files in order to get them to open. I requested a refund for this program.

  52. Anonymous

    Thanks for your experience Harry, I’ve been hoping to learn how Lion is working for people. I do plan to upgrade but I am not in a hurry. I have to take my iMac in to apple so I will play with Lion in the apple store when I go this week, just to see how it is and I’ll ask about bugs.

    I am testing out iBank and MoneyDance. I was 50/50 at first, then iBank, then I thought since MD has a free iphone app, I’d try that out but there seem to be a lot of bugs with syncing so I’m not going there. I am downloading to both right now, to keep my accounts current, but as of today, I’m leaning more towards iBank, it seems a bit more ‘flexible’. One feature that I have discovered I like in iBank are the icons on the toolbar for interacting. MoneyDance doesn’t have icons so you have to think which pull down menu has the tool you want. I don’t know about you but sometimes I pull the wrong one and then I have to go to the next. When you are on a computer a LOT, which I am for work, every key stroke makes a difference, in time, energy, etc. I wish MD would allow us to customize with icons but I don’t see a way.

    Also, the categories are easier to apply in iBank. The pull down in categories is a bit finicky, and was not as easy to move through and clicked off the list too easily.

    I agree, learning Q was not simple, and we need to remember that as we take on a new one… change is always a challenge.


  53. Anonymous


    The easiest thing is probably to install Snow Leopard on an external hard drive. You can even fit it on a 32GB thumb drive if you want to save some money.

    I’ll try to answer any Apple related questions as best I can — but I speak for myself not for the company.

  54. Anonymous

    Thanks for all the informative posts. You have to choose your own direction and after installing Lion on all of our computer except for one and reading the post letting Quicken die I have started learning iBank4. Remember learning Quicken? I do, it was ions ago and often I would beat my keyboard to death trying to learn it. iBank4 isn’t close to perfect, especially with investments (I may have to go out and buy a new keyboard), but I am liking it more. On the computers that I updated to Lion I am glad I did, it is so much faster, very fast. 99% of my software works fine, even my scanner. For now we will keep the one computer so we can run Quicken through the end of the tax year and by then we should be up and running with iBank4. Good $fortune$ to all of you with what path you decide.

  55. Anonymous

    When faced with a major upgrade such as the Quicken 2007 situation, I usually remove the current system drive (the physical drive), mount it in an external enclosure, and put it on the shelf. That way, I can always have access to exactly where I was at the time of conversion. Plus you can still get to all the original files for conversion, etc.
    Then I put a fresh drive in and start from scratch. If you’re stuck with a Lion only computer, then you’re already halfway there. Just keep the old system as is.
    Your old computer and software will not stop working. Just be careful with it.

  56. Anonymous

    Has anyone explored web-based solutions (such as Mint)? I’ve been using Mint for a few months now and like certain aspects of it (automatic updates from banks), but am not able to categorize investments and therefore review diversification (even something as simple as % in stocks vs. bonds). I’m curious about other options that aren’t OS dependent.

    Quicken 2005 for Mac user

  57. Anonymous

    Mac wonk Andy Ihnatko posted a thorough review of Lion yesterday in the Chicago Sun-Times: http://www.suntimes.com/technology/ihnatko/6621563-452/apple-os-x-10.7-lion-roars-with-futuristic-and-maddening-upgrades

    One key paragraph speaks to all of us:

    “Quicken users, let me break two things to you gently: the father whom you haven’t seen since he “just went out for a pack of smokes” when you were 7-years-old is never coming back, and Quicken will never, ever be updated for Intel. It’s time to use something else to manage your finances. The last thing you do before installing Lion is export all of your Quicken data because that’s also the last time you’ll ever be able to use the app.”

  58. Anonymous

    After using Quicken since inception, I was pissed to hear from Intuit that 2006 won’t work with Lion. After a very brief trial with Essential (what a joke…no Bill Pay?), I’ve moved my entire financial records/bill pay to Moneydance — the best alternative that I can see. So far, all is well — perhaps even better in some areas than Quicken 2006. Intuit: You pissed the bed — cya!

  59. Anonymous

    Excellent and useful posts. I’m still looking for the ideal solution: keep running Mac Quicken under Lion.
    There is an outside chance Intuit may come up with something that works. Or maybe Apple will relent and make Rosetta available as an optional download. Or maybe someone clever will figure out how to install Rosetta from the Snow Leopard install dvd, into Lion.
    I will hold out as long as I can for such a solution.
    But being a realist, I have done my research on the next best alternative. For me, that is Moneydance (which supports categories and classes, does a good job of importing the old Quicken data, and exports transactions to Excel for the reports I need (and currently get from Mac Quicken). I don’t want to run Windows Quicken in some virtual space, because of cost, complexity, and the fact that it deepens my dependence on the Machiavellian Intuit (the Win version does not easily import QIF data!).

  60. Anonymous

    I too have been using Quicken 2007 for some time with a mac. I’m peeved they have chosen to neglect this product. I haven’t tried it, but may be onto something. I’m going to partition either my internal hard drive or an external hard drive to run Snowleopard. If you google this, you can learn more. It’s a little more work, but when you boot your machine while holding “option”, you can choose to run the alternate operating system (Snowleopard in this case.) I’m thinking I can run Quicken 2007 a couple of times a week this way until I find a suitable replacement. Reviews on other software is inconsistent.

  61. Anonymous


    to “boot” from an external drive, you will have to “clone” your current hard drive to an external. SuperDuper and Carbon Copy Cloner are the usual programs, though there are others that will do it, too,

    Presuming your computer has Firewire 800, you will want a FW 800 external drive LARGER than your internal drive, the larger is a safety factor. It should work on one exactly the same, or maybe less, but . . .

    Carbon Copy Cloner is simple and the one I use. It is donation ware. I donate.

    Once your drive is cloned, there’s an option in System Preferences to choose your “boot drive.”

    You can also change your boot drive from the keyboard as you power up. This isn’t deeply geeky, but something not really suited to this forum.


  62. Anonymous

    I have considered:
    – not upgrading to Lion
    – upgrading and
    – converting to Quicken Essentials
    – converting to Moneydance
    (none of the others supports classes properly)
    – converting to Quicken for Windows with Crossover
    – converting to Quicken for Windows with VirtualBox

    Moneydance looks like the best bet. I will need to export data to Excel for the kind of reports I like for taxes, but that is only needed once a year. Just waiting a bit longer to make sure Moneydance is stable under Lion.

  63. Anonymous

    Hi George,

    Do you have an external drive? From what I’ve been told, and maybe read here too, not sure.. but, if you have an external drive, you could put SL w/Q-07 on that drive and only have Lion on your main computer. then when you click on the external drive in your finder window, I was told you could boot up to that drive. But as I type this, I’m not sure how it works. I expect someone with more knowledge will either say it will work, or correct where I’ve misstated any of it.

    I’ll check out the intuit link.. I just wish it was a cleaner situation. Compromise all around.. such is life, I guess 😉


  64. Anonymous

    Michelle – You said it right, band-aids.

    I’m hopeful some who install Lion will report on the dual boot option using a clone of Snow Leopard. Of course, you’ll need to clone your clone, to be safe. Sigh.

    I’m also hopeful some who install Lion will report if the “Virtual Machine” ability to run OS X will allow a VM of Snow Leopard. But if my Parallels experience with Windows Quicken on a Mac is any guide, the dual boot option would be preferable. Still, the dual boot would be a serious pain, which is why I just gave up on upgrading. And it may be awhile before Parallels etc even offer the option.

    The Intuit user site now implies Intuit is looking at “improving” Essentials, not attempting to rescue Q2007.

  65. Anonymous

    I am thinking of running SL on an external drive, with printing capability to just run, store my Q 07 software and data and when I know any bugs have been shaken out, installing lion on my iMac. To me, that is preferable to running windows, q4win , etc. Just too many ‘bandaids’ for me.

    Any one know why that would not work?

  66. Anonymous

    George: I’m a little curious about what exactly it is that makes you say you wouldn’t rely on Windows running in Parallels for daily workflow?
    In my setup, Quicken’11 runs in my XP virtual machine as fast or faster than it did on my old Toshiba laptop. Most functions are about the same, but (due to a lot more horsepower in my Mac, admittedly) searches, reports etc. in my 18 yr. database (my backup is 73 MB in size) run noticeably faster. And the tax estimator, which searches the database in real time, runs a whole lot better and doesn’t freeze up. I’m sold on switching to Mac for everything else, but I wouldn’t hesitate to rely on any windows program running in this emulation if I needed it.

  67. Anonymous

    Today, Wed. July 20, 2011 is Lion “Release Day.”

    I’m not upgrading, I just decided I couldn’t live with the kludgy UIs for transaction entry in the Mac-centric programs, and couldn’t live without Quicken 2007 for Mac’s open QIF import and export which we use at work to merge financial data maintained by different users in different locations.

    While the Windows Install in Parallels worked, it reminded me of the old Beetle ad, “A Volkswagen will definitely float, but it won’t float indefinitely.” In short, I would not want to rely on Win in a Virtual Machine for everyday workflow.

    AND the import export functions in Quicken for Windows are crippled as part of Intuit’s ongoing effort to collect fees from banks for linking to Quicken through QFX. I’m pretty sure Intuit doesn’t REALLY want to inconvenience its users, but it wants those fees from banks more.

    I would like to be able to deploy Lion’s shiny new features. But it far more important to me NOT to DISRUPT a successful workflow.

  68. Anonymous

    I have found that Moneydance for Mac is a decent alternative to running Quicken in a Windows virtual machine. Should Intuit ever decide to release a full-featured Quicken for Mac I’ll probably switch back. But I’m not holding my breath.

    I did try iBank for a while but found the Reconcile feature to be cludgy, non-intuitive and, for me, unusable.

  69. Anonymous

    Nickel, great to know I’m not alone with the investment rounding annoyance. Although you are right in your description in the other post that you could use commission to handle the error, you also could delete the automatically calculated commission and Quicken would accept the transaction the way you wanted it – the way it matches your online account. I liked it that way better because it didn’t effect commission reporting.

    I’m posting my comment here instead of on the other post to follow up on my previous comment and on your comment about Moneydance – looking forward to that review. Thanks again!

  70. Anonymous

    George from Tulsa wrote:
    >Just because Apple offers a shiny new OS to download
    >doesn’t mean you have to take the bait. Snow Leopard
    >will be supported for at least two years.

    Quite true, and I certainly won’t be upgrading right away. I’d probably wait until 10.7.1 anyway. However, it is mighty annoying to be held back from upgrading by an ancient copy of Quicken that we don’t necessarily even like all that much, but are trapped in.

    Anyway, those contemplating purchase of a new machine have no such option. New hardware (starting tomorrow, presumably) will come with Lion pre-installed, and who knows what it will take to downgrade one of those machines back to Snow Leopard.

  71. Anonymous

    Pfeld and EVERYONE!

    1. Just because Apple offers a shiny new OS to download doesn’t mean you have to take the bait. Snow Leopard will be supported for at least two years. Let some other bleeding edge types find out what Lion does to their systems. The most recent Apple OS update 10.6.8 has been reported troublesome all over the ‘net, and much of that update is actually part of Lion.

    2. Intuit may, but probably won’t, fix Quicken to run under Lion. So waiting around won’t hurt.

    3. When you decide to upgrade to Lion, by all means CLONE your current setup before installing Lion. Firewire is best, unless you have an Air. Buy TWO drives and clone it twice. Seriously, once you install Lion, going back may be very difficult, and one drive without a backup is not a backup.

    4. Pfeld’s troubles are real. Both Money 4 and iBank 4 advertise they can import the QXF files Quicken Essentials Exports. NO. THEY. CAN’T.

    Even my Windows install of Qkn 2010 would recognize the QE QXF file. Why? Intuit embeds codes in QXF files to mark they are downloaded from banks that pay Intuit for the codes. No embedded code, no import.

    5. Pfeld, what you need to do is export your Quicken 2007 files to iBank 4, Money 4, etc., before upgrading to Lion. Quicken Essentials just won’t release any data you’ve entered there, other than as a CSV. Oh, you might be able to get a Mac program to import a CSV, but from my attempts at doing that, I’d recommend typing it in first.

    All this trouble is because Intuit wants to force banks to pay, either to be part of their preferred Mint.com or to enable bank customers to download direct from the banks. Intuit’s attitude is just callous. They took a perfectly good program and an in effort to make money, not from selling it, but forever after, crippled its import/export function.

    I’d really truly like to leave Intuit behind. Refer to our host’s (Nickel’s) post # 102 for alternatives and a comparative review of iBank vs. Quicken.

    Sadly, nothing compares, and even though I bought all the “parts” to run Quicken 2010 on Windows, its import / export function is only slightly less crippled than Quicken Essentials . . .

  72. Anonymous

    After reading all the comments I\\\’m almost embarrassed to admit that I like Quicken Essentials for Mac as I only use it for two things: check register and reports for my tax preparer. But now, when I load Lion what are my options? I see from the comments above, that I won\\\’t be able to move all my quicken files into iBank. What are my options? I\\\’ve used Quicken for many years and now all my files are converted to Quicken Essentials. HELLLLP MEEEEEE!


  73. Anonymous

    Great thread about Quicken, very helpful. And based on the info here, I downloaded iBank and converted my Quicken info. So far, even though things are completely different, it looks good. The first problem I’ve encountered that I can’t find a way around is with investments, you enter share price and share quantity and that’s it. Great in an ideal world, but all of my online accounts frequently have different dollar values computed from the share price and share quantity (presumably, round off errors). Since it is the share price that is the only thing that doesn’t really matter, I’d rather be able to enter dollar value and share quantity as I did in Quicken. Any iBank tips on how to make it work? Right now, all my converted accounts are off by a couple of dimes because of all the roundoffs – very messy and very difficult to track. (I’ve submitted a request to their help system but would appreciate any user suggestions too.)

    Also, while it might be neat to keep going with Quicken through some sort of virtual machine, I’m really P.O.’ed with them for not coming through with a Mac solution (Essentials doesn’t count). So the last thing I want to do is give Intuit money for a Quicken Windows license. I suppose I could whine to Intuit to see if I could get a break on it, but being a Quicken 2006 Mac user, I don’t expect much of a break. So if I’m going to spend money on something, I’d rather spend it on tool that is Mac-centric and written by a company that seems invested in continuing a Mac solution.

    The note that George found about Quicken possibly getting Rosetta stuff included is nice. But that seems like too little too late to me. Of course, it’s possible that I won’t even jump into Lion right away which would give Intuit the time to get a working real Quicken for Lion by the time I do. And George’s linked article does hint that it may be possible. But that’s all a lot of if’s. If we were talking about the tool I use to watch movies on a Mac, or view pictures or whatever, I’d be fine with a little bit looser plan for the future. But tracking my money is the one thing I’m going to be very interested in nailing down a plan for and without anything concrete from Intuit, this Quicken user (from 1995) is ready to bail and if I can get past this iBank problem (and whatever next ones I find), then iBank is the easy winner.

  74. Anonymous

    Michelle; inanimate handles splits fine. Know nothing about iPhone. Earlier response lost in Cyberspace.

    Richard; Intuit has been trying to kill off QIF. They make money by charging banks to link to their software and QIF can be generated free. Intuit’s response was to rewrite all software to block as much QIF as possible while still leaving some function in to let conversion from MS Money, etc,, occur. Unfortunately we users have lots of good uses for QIF, but it isn’t “about” us, but profits for Intuit. Their new model, Mint.com is about making money by flashing ads at you while you manage your money. Theykeep trying that in Quicken.

  75. Anonymous

    If Quicken 2007 is too obsolete to update, why can’t Intuit write a new program with the same functionality that uses QIF data and works on Lion? iBank, See and others can do it, why can’t Intuit? What am I missing?

  76. Anonymous

    Why is it that Intuit is seemingly unable to create a successor to Quicken 2007 when all of the substitutes/competitors (iBank, See, etc.) are able to import QIF data and run the data in programs functioning in the new Mac environment? The new Q2007 program would simply need to function in the same way as the old, except with new code, i.e. doing the same thing with the data that its competitor are doing with the data. What am I missing?

  77. Anonymous

    I have to say, I tried SEE and was turned off pretty strongly within the first five minutes. I found entering transactions to be incredibly tedious compared to Quicken. Maybe if I relied on downloading most of my transactions (I don’t) then I wouldn’t notice. Or maybe there’s another way to do it. Once I found out it doesn’t track sales lots, I stopped trying. *sigh*

  78. Anonymous

    Michelle re iBank Splits

    Yes, iBank handles splits very well. My problem is the iBank split entry interface requires taking hands off the keyboard and using mouse to click a + box to add a split line. For one or two splits, no big deal. For 30 at a time as we often do, a major annoyance.

    I am not sure why none of the “Mac centric” programs, except possibly QknEssentials (don’t go there!) lets a user advance through a split adding entries by either TAB or ENTER after AMOUNT.

    I’ve no experience with iPhone to offer; I’m an ANDROID guy!

  79. Anonymous

    This thread is the best I’ve found dealing with this issue; thanks to all who have contributed.

    I have been trying to figure out a way to leave Q2007 behind for several years and just began using SEE Finance about a month ago. It performed far better for me than any of the other choices I’ve tried (iBank, MoneyDance, etc.) in bringing in 17 years of data, a BIG factor in my choice. My plan is to continue to keep SEE and Q in parallel for the next few months (yes, a lot of extra work; thanks, Intuit) to see if making the change will work.

    There are missing features in SEE like check printing, which I still use, and I’m not sure if they’ll add billpay, though this is not something I use. I can report that their technical support is the best I’ve used in recent history (20 years), and that they are actively working on adding features like more sophisticated investment tracking. They actively seek user input for new features, too.

    The software is not even a 1.0 release, and I haven’t really had problems but ymmv; it seems quite stable. I am still getting used to the interface and it will probably take some time for me to get used to the way they reconcile accounts, for example. Also, I am not thrilled with having to do manual transfers when I send money from a savings to a checking account, though they make it reasonably painless; perhaps this will become automatic in an upcoming version.

    It has also worked well with my multiple Wells Fargo accounts, as well as investment accounts at several of the big-name brokerage/MF houses. Transactions download easily. The software can emulate Q2007, so as long as those banks accept Q2007 connections, I expect this will continue to work.

    (If you use SEE with Wells Fargo, it’s best not to tell them; they “don’t support” SEE, though it works perfectly fine.)

    The biggest challenge for me will be trying to bring in 7 years of transactions from MacMoney (Survivor Software). I’ve been using Excel 2004 with an add-on that converts a spreadsheet into a QIF file (by Big Red Consulting). It kind of works, but I have to take the QIFs through Q2007 in order for the transfer transactions to connect.

  80. Anonymous

    Great info in this thread!
    Here are my questions – I now download directly from Wells Fargo to 2007 on a weekly basis. It appears that this “syncs” to Wells telling their system that the transaction has been downloaded.
    3 questions
    Do any of the programs support this direct download capability? (even though Wells doesn’t support it)

    Can I experiment with this without hosing up the sync with my 2007 direct downloads?

    Assuming the direct downloads would work, could this get screwed up a Wells continues to update systems in the future?

    Any insight would be appreciated!


  81. Anonymous

    Thanks George, this is helpful. I use split transactions in Q07 now, for the category differences for certain purchases. Is that possible in bank? Also, someone recently posted that they did jot like the ibank app for thi iPhone, but others have commented the app was good. Do you, or any one else here have any experience with the ipnhone app, and if so, howndoes it work? I don’t think they have an iPad app yet but I would guess it is coming. I could see myself using the app on my iPad.

    Thanks again for the help!


  82. Anonymous


    Answering your question, why iBank AND Money.

    Our business still receives a goodly number of paper checks via snail mail. We use “split transactions” to log those checks into one deposit. Money’s split transaction entry form is better than iBank’s, though neither is as good as Quicken’s (sigh)

    iBank’s reports are better than Money’s, so entering in Money then exporting QIF to iBank is what we’re trying.

    Note Splasm Software’s Checkbook 2.2 (new) has the best split entry form of Mac PFfin Software, other than Quicken’s. Doesn’t print checks. Doesn’t create “files” which are self-contained like Quicken. But it might meet the needs of many users. Free trial on Splasm site.

  83. Anonymous

    George, can you say more on why you are using both money 4 and ibank? I\\\’m trying to choose which way to go and don\\\’t track investments this way. I do have some via TIAA CREF but I don\\\’t know how that will download yet. For now, I\\\’m trying to just get my checking, sav and cc into something that will run on Lion. I\\\’ve been using Q 2007 and while it hasn\\\’t caused me any trouble, since it won\\\’t run on Lion, I want to find a mac friendly PFSP that will meet my needs. So can you clarify why you are running both?


  84. Anonymous

    More on the OSX-in-virtual-machine solution.

    Indications are that the EULA for *Lion* allows running a virtual machine. It is not known if this privilege will be extended to older releases (e.g. Snow Leopard).

    Because it has been against the EULA, none of the existing virtualization products (Parallels, Fusion, VirtualBox) support running Snow Leopard in a VM. You can do it, but it requires Hackintosh-like efforts. There are many tutorials available online if you search. So, if you’re up for it, you can go right ahead and do it now. I am unclear, though, if it’ll work with the system disk that comes with your Mac, or if it’ll *only* work with a retail boxed version.

    Since Lion will officially allow virtualization, I would hope/expect that the virtualization products will add support to make it as easy to create Lion VMs as it is to do any other kind of guest OS. Whether it will ever be “easy” to build a Snow Leopard VM is unknown.

    I actually sent Steve Jobs an email asking if virtualization will be allowed with Snow Leopard, but I’m not expecting a response. 🙂

  85. Anonymous

    The OSX-in-virtual-machine solution is by far the best, though the details are still murky. I\\\’m going to try to get a Snow Leopard instance running inside VirtualBox, and see how that goes.

    Regarding the Windows version, I saw this on Quicken\\\’s site:
    You can easily convert your Quicken Mac data with the exception of Investment transaction history. You will need to either re-download your investment transactions or manually enter them.
    This option is ideal if you use Quicken to track investments.

    They apparently have a different definition of \\\”ideal\\\” from mine. Re-entering my investment transaction data is not my idea of fun.

    So, it looks like Snow Leopard in a VM is the solution of choice, if I can get it to work. I\\\’ll report back.

  86. Anonymous

    Looking forward to your recommendations for alternative software for those of us not interested in purchasing the Windows version.

  87. Anonymous

    Does anyone know a Webbased alternative to mint?
    I switched over to a Mac, I know for \\\”business\\\” needs I shouldnt have. It was the cool and hip thing to do and I regret it from the Microsoft office suite to Quicken. Lets not even talk about the iphone.
    Anyway what are good online alternatives to mint?

  88. Anonymous

    I am researching options to replace quicken 2007 and see the various issues that are listed. For some it is investment tracking, others the ability to use bill pay, others the detail level of reporting, and also the ability to transfer money between accounts.

    From what I can tell from my q 2007, which I’ve had to do by hand as my bank has not had support or given support for q 2007 for at least 2 years, is that Quicken charges for bill pay. Is this common? I’m not sure it would be worth it to me, to have to pay for this feature. If I had a small business or properties with bills, I could possible see it, as a write off. But for the average person, or as I see it, the average person who wants to track their income and expenditures, and track data to help with taxes, etc., bill paying isn’t a deal breaker. For those who have some kind of FP software, if you use bill pay, does it cost extra?


  89. Anonymous

    iBank lacks the ability to track sales lots for investments. I’ve had no luck finding a Quicken replacement that’ll do that. So I’m headed for the “Quicken inside virtual machine” solution. But I’ll be using VIrtualBox (free). Not happy at all about this but there seems to be no alternative.

  90. Anonymous

    A (very) brief report on Jumsoft’s Money 4-

    I spent a day with Money 4. Picked up a few “tips” that would take too much space to post here, unless someone wants them. M4 imports only QIF. Did fine with a year’s Quicken export.

    What I like is its UI. Of the Mac “per fin” programs I’ve tried, this is the easiest to work with, especially after I discovered by trial and error how to make split entries without having to take hands off keyboard.

    Separately, I exported an iBank 4 file via QIF. Money 4 slurped it right in.

    As I’ve commented above, iBank SHINES at imports from my bank which offers OFX export.

    So even though I’ve bought the full Parallels Win 7 Quicken 2010 in multiples, I’m thinking that between Money 4 and iBank 4, it may be possible to use both, keep them congruent via import/export, and NOT have to run Windows just to get Quicken.

    IGG offers a 30 day free trial of iBank on their site. Money at Jumsoft has 15 day trial. Both programs are sold on the Mac App Store while iBank can be purchased in CD form from Amazon.

  91. Anonymous

    Hi, I’m longtime Quicken user, initially PC, then Mac 2007. Hate it, now loathe it (it has limit to number prices it can store – I’ve data since 1995 – and this causes crash — had to delete price histories to recover, but no longer supports downloads of mutual fund historical prices, so I cannot create investment reports over time). Have been happy to come across all the great info here. I’ve just spent two days trying alternates iBank 4 and See Finance. I cannot make jump to either simply because of lack of investment performance reporting.

    I’m trying to find solution that provides performance reports, nothing fancy, just ROI, annualized returns, and the like over periods of my choosing. All things handily dealt with by Quicken.

    iBank’s ROI calcs don’t match up with Quicken, so I’m unsure of how they calculate it. Quicken’s view is simply % ROI = (Returns/Investments -1) x 100. iBank uses something else, perhaps they are trying for annualized returns which takes into account how long you’ve held investment(s)? Though their ROI calcs neither match Quicken’s annualized return calcs. Anyway, it would help if these packages would just explain the math they are using for investment monitoring.

    Overall I liked See better due to its logical layout, speed, and portfolio view akin to Quicken (iBank only provided Portfolio view in a report that has to be generated each time you look, and it does not allow you to customize view/format of this view). I could go with either of these SW packages, but not w/o decent investment performance monitoring. I have read lots of rave reviews on both these packages but no or little discussion on the aspect of performance monitoring. Am I in a minority for what I thought was a common function desired by many for personal finance SW?

    I’m not far from taking the plunge into Parallels/Win XP or 7/Quicken 2010 or 11 approach. (XP due to better speed, lower cost, Win 7 because of longer term support and built-in virus SW) (Quicken 2010 vs 11 because of annoying ads I hear about in 11, but 11 will be supported longer than 10�.)

    any tips or ideas to hold me back from the precipice?

    thanks for all your views and good info

  92. Anonymous


    I downloaded the new Jumsoft Money4 that was just released. There’s a free trial at: http://www.jumsoft.com/money/

    I’ve only did a very quick test, but I like the interface which puts the transaction entries at the right of the screen instead of the bottom. There’s also a lot of reports.

    Worth a look.


    While it isn’t financial software, you all might want to try out MOOM, a program that gives you total control of application windows on the Mac. Makes it easy to see your data while you’re working on it.

    Moom is only five bucks (Think combination of move + zoom) and looks to be a real productivity booster.


  93. Anonymous

    Great discussion. Been with Quicken for many years and after trying several alternatives (iBank, MoneyDance, and Mint.com) in preparation for Lion, I settled on SEE Finance. Haven’t seen it mentioned in the comments, but I think it’s definitely worth a look. Seamless import of QIF file from 2007 export and lightning quick bank/brokerage downloads. A very impressive piece of shareware. Use it for a month and buy it if you want to cut the Quicken chord. Only $29.99


    Good luck and Good Riddance to Quicken

  94. Anonymous

    Thanks for expelling this. I am thinking I will downloadbthe 30 day free trial of Ibank to check it out. I assume I’ll want to move my current info from quicken 2007, which I entered all manually dice chase bank could not work with Q7 and intuit wasn’t keeping it current. So, if I can successfully move my Q7 data and then hook into chase to ge my current data, can you tell me if Ibank will recognizebdata that is there from the Q7 data or will I have to go in and delete a lot of duplicate entries? Any help you can give is appreciated.

  95. Anonymous

    Michelle, QFX is a proprietary format. It is SUPPOSED to be restricted to ONLY Intuit programs, e.g., Quicken. Don’t know about QuickBooks.

    OFX was used by Microsoft Money, which Microsoft no longer makes. With MS Money gone, banks may have dropped OFX which was (unlike Microsoft’s usual tricks) open. Thus your banker may be speaking correctly when saying the bank “only supports Quicken.”

    iBank 4 help SAYS it will import QIF, OFX, QFX, and CSV. I’ve only used it with QIF.

    Moneydance’s user manual (Page 13, or find QFX) also SAYS it will import QFX. Manual here:

    Good luck!

  96. Anonymous

    Thanks Scott, I appreciate the explanation. Can you or anyone confirm for me what the different file formats arr and which software uses which? I thought I read that bank uses oxf and another local bank replied to my query with this
    Thank you for your email. VerityCU.com allows members to download transaction history to Excel, Money and WebConnect. OFX is not supported by our system.

    So, they don’t tell me what file type they do support, just a software name.

    Thanks for helping me sort out my choices.

  97. Anonymous

    michelle, you won’t have to change banks, run parallels, etc. in response to your (or anyone’s) experience in contacting chase (or any bank), two things are worth understanding:

    first, iBank is fully compatible with Chase accounts. if you can download your bank’s transactions for Quicken, that means they are in a standard data format supported by iBank.

    second, when you are talking to customer service people at a bank, they have their standard script (or just limited info). they’ll say, “we don’t support iBank” or “we don’t support Macs” or whatever non-standard thing you ask about… but it’s rarely a definitive technical answer. basically any bank that delivers downloads compatible with MS Money or Quicken will work with iBank.

    i hope that helps.

  98. Anonymous

    I just called my bank, Chase Bank, inquiring as I know I will have to stop using Quicken 2007 when I move up to Lion some time this summer, once it is released. I have been happy with Q7 even though Chase stopped supporting any downloads 2 years ago. Knowing I would switch up to something, considering ibank, I called Chase to see what my options are. They told me they have recently decided to support only quicken and quick books. They said that the option of downloading any records will not be available to any software programs except quicken or quick books.

    So, since I don\\\’t want to get into buying parallels and quicken for windows, etc,, I will need to change banks too.


  99. Anonymous

    In anticipation of this I got Quicken Essentials for the Mac to replace my Quicken 2007. Essentials REALLY stinks so now I will be looking for a non-intuit product to replace quicken. I guess they don’t need Mac users so I’m sure they couldn’t care less.

  100. Anonymous

    Quicken Essentials sucks compared to Quicken 2007. If Essentials is all there is to run on Lion OSX, then I’ll look elsewhere for my financial tools. I am not interested in invoking the Windows operating system just to run my checking accounts, and I need more than the grocery list that Essentials gives you.

  101. Anonymous

    Gail –

    I wrote an earlier post to you on my new Google Chrombook. Don’t know if it just went zzzzipping into ozone, or is waiting moderation . . .

    There are problems with Quickbooks 2011 and Lion. So you might be stepping from proverbial frying pan into fire.



    That said, Quickbooks is quite different than Quicken. Quickbooks enforces “accounting principles,” like errors must be corrected by journal voucher not simple edits, and requires a “chart of accounts.”

    It will do what Quicken does, just not so easily, and it locks you and your data in far more aggressively than Quicken.

    Intuit has Quickbooks on a three year forced obsolescence cycle by blocking bank links.

    If your “online banking” needs are not terribly complicated, consider using your bank’s online bill pay, then just entering detail. iBank 4 SHINES at bringing in Qif files from my bank. The only problem is transactions it hasn’t seen before have to be manually edited. No biggie.

    Finally, there is a free trial online of Quickbooks Mac 2011. Just no guarantee it will continue to work if you upgrade to Lion.

  102. Anonymous

    Gail –

    Here’s a link to an Intuit forum in which an employee of the company seems to be suggesting issues with Quickbooks on Lion. She’s not suggesting it won’t run on Lion; she is calling into question what version will run on Lion. Thus you might want to wait until jumping from the proverbial frying pan into the allegorical fire.


    In the meantime, here’s a link to what looks to be an Intuit site offering a trial of Quickbooks


    If you put the (substantial) effort into getting Quickbooks started, then Intuit will OWN you. There’s not much escape from Quickbooks as their sorta’ is from Quicken.

    Intuit has a policy of disconnecting Quickbooks from bank updates every three years (as I remember reading, don’t come sue me, Intuit). That means you’re forced to upgrade, if you want to keep using the bank \connect features.

    In my job, I pay a lot of bills. Our bank, which is local / regional, uses a bill pay service that I know isn’t theirs, they’re just paying some other company to do the backend database, mail the checks, whatever.

    I’ve found it dead easy to use the online bill pay service. Every payee is memorized at the bank and all I have to do is click the payee, enter the amount, and add a memo if I want (e.g., Invoice # 323456)

    When a check (or deposit) clears, the bank posts a PDF of the item. There’s lots of download choices. One, OFX, slides right into Apple’s Numbers program which formats the data beautifully. Being a heavy Excel person, I take mine as .csv Yes, I’m re-entering into Quicken, but I’ve found that better than importing a screwy QIF which creates new account categories.

    Importing a bank QIF file is where iBank shines . . . though you will have to “fix” transactions iBank hasn’t seen before.

    In summary, before upgrading to the (difficult) Quickbooks, consider if you really need the direct connect to your bank. It may save a few clicks when you’re paying bills, but not nearly as many clicks as you’ll spend setting up Quickbooks, then living within its restrictive (compared to Quicken) double entry system (e.g., you can’t just delete an error but have to journal voucher it away).

  103. Anonymous

    Wells Fargo only supports Quicken or Quickbooks for Bill Pay. I am wondering about converting to Quickbooks. It is more then I need, but will it do what I now do in Quicken?

  104. Anonymous

    hi jcca,

    you can click on my name above to go to the IGG website for more info. you may also find the iBank video tutorials helpful, and the help files within the app are pretty thorough.

    beyond that, the site has extensive user forums, and you are more than welcome to contact the IGG support team, even while using iBank in trial mode. one way or another, we can get you going. if you’re a savvy mac user, you should adapt to iBank pretty readily.

  105. Anonymous

    Huh, site thinks I’m a spambot. So I’m not sure that my last post happened.

    Again: thanks for the info. I will try it. Where can I go for detailed instruction on how to use iBank this way? When I say “not a power user” I meant I don’t use every feature of Quicken, but I’m pretty savvy around the Mac.

  106. Anonymous

    hi jcca,

    the short answer yes: iBank is flexible enough to meet your needs as described. to offer a bit more detail: you can set accounts up in separate documents (say, for yourself, your husband, your rental) and use smart accounts and import rules to quickly organize transactions.

    or, since you don’t consider yourself a power user, you can create custom accounts and track income and expenses manually (as they may be relatively simple for a small rental property, for example).

    as i don’t want to use this discussion for a sales pitch, i’ll just add: you are not stuck with quicken – there are many mac alternatives. iBank is one of them, and checking out the free trial version may help you decide if it’s the one you need.

  107. Anonymous

    Question for Scott at IBank.

    I’ve been DYING to leave Quicken (using 2005–didn’t see the point of upgrading to 2007) since about, oh, 2006. I’m not really a power user, but the lame features on Essentials are just insulting. I am slef-employed. My Husband is also, and we also have a rental property. Income and expenses have to be traced separately for each of these, but we don’t have separate accounts. I use Quicken Classes to do this.

    I see that iBank now has some things I need:
    -tracking investments (our primary accts are brokerage)
    -downloading from banks (too much to hope for that this simple thing should be free)

    but how can I track my various “businesses”?

    If iBank can do this you have no idea how grateful I’ll be.

  108. Anonymous

    Dave Hamilton of “The Mac Observer” actually wrestled Aaron Patzer, Intuit VP, to the ground. Patzer says Intuit is “negotiating with Apple to port parts of Rosetta into a revised version of Quicken 2007, that the PowerPC code in Quicken 2007 makes it “not possible” to port to Lion, and the adaptation may never occur.

    Dave’s article: http://www.macobserver.com/tmo/article/quicken_2007_might_work_on_lion_not_right_away/

    Yesterday AccountEdge Basic was released. Trial download available at:

    AEB is $99. Available on the Mac App store with the advantage that provides home user multiple computer licenses. It is a “real” accounting package with some QIF import export functions. Going to take a look at the trial.

  109. Anonymous

    Willyjp –

    Thanks for the Q2011 advertising info. Sounds less awful than the version that flashed ads at me while I was writing checks, taking up precious space on my then state of the art 14″ CRT.

    Bootcamp is an easy setup (if the instructions are followed!). Sliding Win into Bootcamp can take some time on a spinning HD. Qkn was much happier there than in the Parallels only VM I tried first. One advantage in Bootcamp “native” Win install: I was able to use the keystrokes to tell Qkn to stop pestering me to register. That hadn’t worked, either in the Wine installs, or in the VM.

    Once Win & Qkn are in the Bootcamp partition, installing Parallels enables user to open Bootcamp Win as a VM. That’s really fast and (to me) worked better than the “pure” VM Parallels install.

  110. Anonymous

    Replying to George’s points:

    Well I do have t admit that I probably over-bought in the horsepower dept. when I bought my first Mac….and the salesrep in the Mac store told me I was, but I didn’t believe him! Coming from a Windows environment where “bloatware” and security add-ons require ever more resources just to stay even, I went for the PowerBook with the 2.3 Ghz processor (that has double sized RAM 8MB ram cache and 4 GB of RAM. But I knew I was probably going to be running this emulation thing and I had visions of deadly slow start-ups and switches. The Apple store rep said, “well, the Mac OS uses RAM and processor resources differently and you won’t get so bogged down with a lot of stuff running.” (I’m not super tech-y informed, so I can’t debate that point at all) I guess he was right, because this laptop is blindingly fast whether it’s running 1 simple Mac app or the whole shooting match plus the Parallels Desktop with Quicken & Internet Explorer open.
    But I make this point just to concede that, if resource availability is an issue, then sure, I can accept that the boot partition route will give better service…at the cost of less convenience.

    As far as Quicken 2011 and ads: I noted above in this thread that you or someone made a comment about that, and I wondered, because, frankly, I had not noticed anything that I considered advertising at the time. Sure, it installed along with a couple of “craplet” desktop icons for their credit card, etc, but Quicken has done that for years. But since you mentioned it again in this last post, I went and looked. And yes, there IS an advertising pitch (but only 1) and it’s right up front. I had noticed that when I boot Q’11, the first tab that is always open is “Tips and Tutorials” instead of “Home” with your spending and acct. status summary. And of the 2 sub-tabs in “Tips & Tutorials”, the “Quicken Services” tab is alway open with a little display that touts the Quicken Visa card, Quicken online backup, Experian credit reports and maybe one other. But honestly, though I had noticed that the default opening screen was different (and made a mental note to see if I could change it), I really hadn’t conciously identified it as advertising, because I never really look at the opening screen anyway. I just go straight to my main account list and start entering or whatever. But you are certainly correct that there IS a blatant ad right up front on startup. I know you used to be able to set your opening page in Quicken, though I haven’t tried that yet on Q’11. Maybe you can’t anymore? Other than what I described, however, there’s no other advertising, no “pop-ups” or anything like that.

  111. Anonymous

    Willyjp –

    1. I agree with you, with this addition. I’m using Mac Minis, two are the latest model with 2.4 ghz Core 2, both with 8 gig. One of those has a 240GB OWC SSD. A third is a 2009 2.53 ghz with 4 Gig. The SSD one is of course the fastest; installing Win 7 onto the SSD is amazingly fast. But none of them are processor hot rods, and I found the Parallels Virtual Machine SEEMS to work faster and better if it builds on a Bootcamp install rather than a “pure” Virtual install. It also seems Q Win10 seems “happier” in the “real” bootcamp install.

    2. Bootcamp is now version 3. But after install it will suck down and install versions 3.1 and 3.2, both of which bring improved Apple Windows drivers. I don’t know if Parallels makes such Apple enhancements redundant, but if they’re in the VM, I’d think it can’t hurt.

    3. In deciding which version of Quicken Win to buy, I selected 2010 because I had read (somewhere I can’t remember) that Intuit had returned to playing advertising inside Quicken 2011. They sure **** me off years ago when they did that and even after I blocked Quicken from internet connection, it kept playing the same ads in my face, over and over, while I was paying bills.

    Does 2011 have advertising? If it does, your comments?

  112. Anonymous

    I’ve already posted my very positive experience with Parallels Desktop and Quicken Windows (in my case 2011), but at the risk of being repetitive, I just want to respond to the comment about being reluctant to establish a “separate partition” just for Quicken.

    Setting aside the expense issue (which is not insignificant by the time you’ve bought Quicken for Windows, Parallels Desktop AND a fresh copy of Win 7 or XP [cheaper and just as good for THIS purpose, IMHO]), nevertheless I just cannot state how seamlessly and well Quicken runs on my Mac under Parallels Desktop 6. Maybe, technically, the emulated machine IS a “separate partition”, but you will NEVER know it. Quicken resides on my dock just like any other Mac program and starts and runs faster than it ever did on my PC. I can, and often do, have Safari and Outlook for Mac open in their own windows and have Quicken and sometimes Internet Explorer (for bank sites only) open in the “Windows window.” And my PowerBook handles it all without breaking a sweat! Even a Time Machine back-up going on doesn’t slow things down.

    You would never know that you’re running anything but a Mac program, and, if you like, you can use the “Mac look” view and Quicken will even approximate the look of a native Mac program. It just runs absolutely fine and trouble free and really obviates the widely stated yearning for a “Mac version” of Quicken, IMHO.

    As far as the security issues, I do not, and will not, surf the web or do email in the windows emulation. I only go to bank and financial websites (like bill paying sites) in Windows, and mostly secure sites at that. I am running an anti-virus and malware program and firewall in the windows emulation, just for added safety, but it is unobtrusive and trouble free.

    So, as I’ve said before, if you really like Quicken and want to run it on your Mac, there’s really no reason other than the cost issue not to try it. I will be very surprised if you’re not entirely satisfied (assuming you’re satisfied with Quicken Windows to begin with!).

    I agree with the appeal of a native Mac personal finance program, and I just may try iBank, now that I found out that I can export a .QIF file from my 2011 Quicken! But I’m not sure iBank, though a good looking program, has ALL the functionality and tricks of Quicken (which has been through an undeniablly long development cycle).

    Anyway, IF you want to run Quicken, don’t let Parallels Desktop go by without a try! It is really an amazingly efficient and trouble-free way to run Windows programs on a Mac. (I am NOT connected to Parallels in any way, BTW!)

  113. Anonymous


    Sounds like you’re the one to tell readers the differences between Quicken and QuickBooks as might apply to individuals vs. businesses.

    Would one difference be export to TurboTax?

  114. Anonymous

    George from Tulsa:

    Oh, I agree that QuickBooks Online is limited and too expensive. I’ve explored it before and been highly disappointed.

    I regularly use QuickBooks (the local software on my computer) for business accounting, and it works quite well. (And yes, I am quite used to the procedure — it’s part of what I do for a living!) Which of course means I should probably already know the answer to this question, but there you have it.

    Basically, I’ve always been very delineated when it comes to my clients. I keep their personal accounts in Quicken and their business accounts in QuickBooks. What I haven’t explored yet (and is the basis of this question) is keeping the personal accounts in QuickBooks as well.

    Was just wondering if anyone had any experience on that front. Will be exploring it myself a little more in the coming weeks.


  115. Anonymous


    I tried Quickbooks Online. The version I tried was going to cost $600 a year. It had no way to import data, so all my YTD would have had to be laboriously entered by hand.

    Worse, there’s no real way to extract your data from QB Online once it is there. That’s how Intuit locks users in.

    I didn’t try Quickbooks (local). It is a double entry accounting system which enforces much “accounting” procedure you’re probably not used to as a Quicken user. Again, there’s no escape from Quickbooks. Either you abandon your old data, or stick with Quickbooks as Intuit lifts your wallet and requires updates.

  116. Anonymous

    I really don’t want to create a separate partition just to run one program, so that’s out for me. Crossover is possible, but I think it doesn’t address the underlying major issue — the lack of native support from Intuit, which is obviously not getting better anytime soon, if at all.

    So with my preference for native support and not running a partition, I’ll re-look at iBank, which I know has the functionality, but I don’t particularly care for the UI.

    But… this thought just occurred to me. Has anyone ever looked at keeping personal accounts in QuickBooks? I already have that for the business bookkeeping I do, and it has native support. I need to explore it and see if it will work with some tweaking, but I thought I’d throw it out and see if anyone has any opinions. Any thoughts?

  117. Anonymous


    Your G5 is a dinosaur. Understand its life expectancy is short.

    If you want to keep your old files and don’t want to change anything, consider buying a new Mac NOW with Snow Leopard and Apple Care. You should be good for the next three years.

    Note iBank and other Mac programs will import QIF files if you want to convert. You’ll need to do that before going to Lion, if you go to Lion. No Mac program functions like Quicken.

    By the way, Quicken 2007 proved much more stable on Intel Macs than Q 2006. It was a worthwhile upgrade. If you plan to stick with Mac Quicken, I’d recommend buying 2007, and getting the 3 updater releases for that program.

    There will be a lot of Quicken 2007’s in the dump (or eBay) soon, and you might still be able to buy copies new from Intuit or Amazon.

    By the way, apologies if the contents of this appears twice. I guess I’ve posted so much the program thinks I’m a spambot!

  118. Anonymous

    HELP I am using quicken 2006 and it is pretty long in the tooth.

    I want to keep my old banking files. I have a Mac g5, the last of the PowerPC chips, a macbook with intel chip and a ipad 2.

    Any recommendation for a new banking program. I am just using it for checking and budgeting. I was an accountant for many years and I pushed and forced my quicken software to do many things it was never set up to do.



  119. Anonymous


    I have Q Win 2010. It is easy to export QIF from Q WIN. iBank IMPORTS QIF.

    I’ve looked and looked, but find no statement that Intuit removed all QIF function from Q Win 2011. If they did, and you have data in CSV, you can try QifMaster on the Mac to convert the CSV files for iBank.

    But for sure you can’t load a .QDF file other than Quicken. That’s Intuit’s proprietary format.

  120. Anonymous

    hi willy, you should be able to export your QWin 2011 data as a QIF file, which is the format iBank imports. i believe the QDF file is an archive for Quicken itself, while QIF is a longstanding format compatible with many software applications on Mac or PC.

  121. Anonymous

    Since you’re intimately familiar with iBank, how about another question, for someone in a little different situation?

    I’m a Quicken Windows user who’s recently converted to Mac. I passed on switching to iBank because, according to what I could learn, iBank cannot convert the newest Quicken file format (.QDF).

    I was already upgraded to Quicken Win 2011 when I got my Mac, and the entire Quicken data file is now merged into the single .QDF file. According to the info I got, a comma delimited conversion (which would be a disaster) was the only option for me. Is that correct? Does iBank have any plans to add the newest Quicken file format to its conversion capability? Other than the conversion block, I was very impressed by my look at iBank and would love to switch to a native Mac program, since the dealing with future OS changes, etc. will always be more secure than with the Parallels emulation I’m running now.

  122. Anonymous

    first, i should come clean and note that i work for the developer of iBank, IGG Software. i’m jumping in at this point because i see there is a lot of uncertainty around this topic and around iBank itself.

    i would like to clear up some misinformation while avoiding hype: with the exception of billpay (not currently a feature of iBank), the capabilities of iBank 4 (released last fall, in case you were familiar only with earlier versions) closely match or exceed Q2007.

    data import seems to be the biggest concern for most users; old Q data exported as QIF readily converts to iBank, while most bank and investment accounts in north america are also easily accessed in iBank via direct connect or web downloads (yes, there are exceptions, but ask IGG before you ask your bank – too many customer service folks at banks aren’t familiar with iBank, or follow a script that incorrectly claims they “don’t support” it).

    mainly i put this out there for readers who don’t want the expense or hassle of running windows on their mac – iBank is just one of several mac finance alternatives. for those who remain curious about iBank, it’s available as a free trial via the IGG website.

  123. Anonymous

    thanks george – yes intuit is truly the worst. they really dropped the ball on quicken for mac.

    Q: are we not improvements? A: we are devo!

  124. Anonymous

    #42 – Carol

    Rather than creating a partition to run SLeo beside Lion, I would recommend cloning your HD and booting from the SLeo Clone. The partition trick should work, but Apple is moving toward abolishing the “file system” as we know it, and I foresee problems.

    For sure, don’t jump on the Lion ship as soon as it sails! Wait for others to find and hopefully fix the inevitable bugs.

    GNUCash will do what you want. I just didn’t like it. Also, if you don’t want to go the whole Parallels / Win 7 route, I was able to install WinQuicken 2010 successfully in Crossover from Codeweavers and also in the various free Wine Programs offered on Mac.

    Intuit’s big deal now is Mint.com and QuickBooks. I’m not sure Quicken itself is long for the world.

  125. Anonymous

    Rob. Nope. I’m just dizzy from so recently trying what seems to be every other Mac option so I didn’t have to install Windows on my Mac just to run Quicken.

    .CSV import is possible in some. There’s QFX and OFX etc. And the execrable Quicken Essentials has a conversion program that runs just once, but once it has your data, you’re locked in (though I think I recently saw one of the Money named Mac alternatives offering a way to escape QknEssentials).

    Anyway, Nope. Just QIF

    Lovely it still works.

    Don’t you just hate software companies that lock in your data, hoping to keep you on the payment treadmill? That’s Quickbooks, local or online. That’s Quicken Essentials. Funny thing, I am happy to stay within Quicken and was happy to buy regular updates when the updates offered improvements and bug fixes. I was NOT happy to have Quicken run flashy ads while I was working, or with what Steve Martin so aptly named “deprovements.”

  126. Anonymous

    thanks george, i’ll give that a try. maybe it was the date format that was the problem.

    you say “if you are going to import via QIF.” is there another way besides QIF?

  127. Anonymous

    Rob –

    The first trick to exporting from QMac to QWin is to set the “short date” format. That’s part of the “how to do this” that Intuit provides.

    The second: if you’re going to import existing data via QIF you should open a BLANK QWin file, delete all the suggested categories, and save it as Blank.Qknfile

    Third: in QMac, export all to QIF. Accounts, transactions, memorized transactions, categories. Eveerything. If you don’t want all the dates, I’d use QMac to save a file with the desired date range, then export that file to QIF to import.

    Fourth, over in Windows, your Blank file will have no data, no accounts, nothing. That’s the way you want it.

    Select import, then in the import box there’s only one option (working from memory here. That’s what you want. Quicken will “map” your incoming accounts, and import transactions, categories, etc. It was far easier than when I fled Windows Quicken for Mac.

  128. Anonymous

    so i went thru the quicken 2007->quicken for windows thing about 1.5 years ago, when i was not sure if quicken 2007 would run right under rosetta.

    maybe i did the export of the data wrong, but i found that all of my transfers were detached from one another in the windows copy of my quicken database after the import. meaning, every transfer was now two separate transactions, one in each ledger, with no connection between the two.

    i have data all the way back to 1997 so if Lion forces a move to quicken under wine or vmware, i need to make sure the data makes it across correctly.

    anyone else have this problem? if so, how did you solve it?

  129. Anonymous

    This is really upsetting to me; I’ve got Quicken 2007 and I really need to have a program that uses split transactions, categories AND classes, and has good reporting features. I’ve looked at Moneydance, iBank, etc., and none of those seem to be robust enough. I really don’t feel like shelling out 100s of dollars to buy Parallels, Windows 7 and Quicken Windows just to run one program. I may try the clone idea, or just drag out an upgrade to Lion and hope that Intuit gets their act together (doubtful). Why aren’t there more or better personal finance programs out there?

  130. Anonymous

    This was probably mentioned, but I didn’t see it. Alternative idea (which is what I am gonna do) Do a clone on an external HD (large enough for Snow Leopard, and Quicken 2006/2007 with files) and just boot in this environment until Quicken gets their act together…..or not. No need to convert your files to the Windows version (which can be problematic, not perfect), no need to switch software (unless Quicken totally drops the ball), problem solved, temporarily. And, when things are sorted out…..more storage for music, movies, and things your parents and kids shouldn’t see, on the spare external HD. I will just be partitioning an existing existing HD I have, and will be storing the package there. All the above won’t fly of course, if OS 10.6xx wont run on the latest new hardware that will be coming out.

  131. Anonymous

    A bit late to the party here, but I’ve been running Quicken 2010 in Parallels on Win 7 64-bit and it has been a very seamless experience (and also ran older Quicken versions on virtual XP previously). There have been a lot of comments regarding Win 7 having > overhead than XP, but I’ve found the exact opposite on both my virtual and “real” Win machines. Win 7 loads faster, is infinitely more stable, and has far better built-in driver support, (and as some have mentioned here – allegedly security). I’ve used purchased OEM versions (NewEgg) and had no issues with clean installs (I can see where migrations from actual Win machines might run afoul of the MS activation). Not to argue with a “Genius”, but based upon my experience, Win 7 on Parallels with Quicken 2010 & Snow Leopard all play very nicely.

  132. Anonymous

    Well, I am trying to prepare for Lion, and I am a Quicken user (up to 2007 version) since 1992

    Not too happy with Quicken and the low level of Quicken Essentials
    Not too happy with Apple either, as they should keep on with Rosetta, at least as an option

    so to prepare, I created a new partition, on my Mac where I’ll keep running 10.6.x, and that’s only to run Quicken

    I am also trying Quicken Essentials, it is OK, but lacks the investment options that are in Quicken 2007 (will they bring it back one day ??? Intuit is very silent about this)

    For Investment I use Investoscope, which seems proper, and somehow, reminds me of Quicken 2007 Investment part

    We”ll see !!!
    Hopefully someone will come up with a Rosetta like software for Lion, so I can still run Quicken 2007 directly (which is NOT by the way the best piece of software around, but once used to it… it does the trick)

  133. Anonymous

    I had left Windows behind six years ago.

    Now I’m installing Win 7 on three Macs so we can continue to use Quicken.

    Oh, we could continue to run Snow Leopard and Qkn 2007 for Mac. But “improvements” in operating systems matter, especially when the improvements relate to security.

    Win 7 is reported to be more secure than XP, and I had five XP machines invaded by malware, which is what drove me to Macs years ago.

    Nothing’s perfect, but Win 7 seems a big improvement over XP SP2 I left behind. Just seems a crying shame to have to buy Parallels, Win 7 (Home Premium), and Quicken for Windows, all to keep using Quicken, a program I’ve purchased more times than I like to contemplate.

  134. Anonymous

    George: I agree with your ponts 100%:
    1. oem copies don’t get the general support from Msft because the builder’s supposed to supply it; but they do get full access to updates (which you do need); I too have read about the activation problems, and above I posted how my “ported over” oem XP from my old Toshiba laptop installed and booted just fine in my first vm attempt but wouldn’t activate either online or with phone help; the phone activation people referred me to activation tech support (free) and they told me “only one machine, etc”.
    But in this case, I only want to run Quicken and a couple of other minor, old Windows programs on my new Mac, so IF this new oem copy won’t do another that’s ok with me.
    2 & 3. Yes, I got the XP Pro SP3 delivered for $98 and I could have gotten basic Win7 oem for just a little more, but…
    4. I didn’t WANT Win7, since I’m making the switch to Mac as totally as I can and my only need was for these couple of “legacy” programs that I can’t yet duplicate or replace on Mac and I didn’t want to deal with any problems that the differences might create. What I wanted to run, and the peripherals (printer, etc.) I want to use I KNOW will run just fine with XP.
    5. XP is much more compact and less potentially troublesome as far as drivers, space and memory requirements. During a “Genius Bar” appt. @ my Apple Store for other issues with setting up my new computer, the tech saw my copy and expressed that was an “excellent” choice for my intended use, based on his exp. in helping people set up Parallels on they’re new Macs. I’ve only tried it once (twice if you count my failed “transfer”) but I’d have to agree it went fast an runs slick and trouble free. But I have ZERO hands on time with Win7….not wanting to go there is one of many reasons I made the effort to switch all my computing needs to Mac. Just one opinion but I hope it helps.

  135. Anonymous

    Hey, I’m not “arguing” here but attempting to move a discussion forward.

    1 I have no problem with Win XP, if it gets the job done. But my brief look-see into buying any form of Windows OEM (which is the version you describe) ran into the problem of Microsoft Activation. My UNDERSTANDING and I put it that way because I don’t claim to KNOW, is that M’soft Activation limits OEM installs to one and only one computer. I don’t have a link, but I vaguely recall reading of activation problems with Virtual installs and OEM Windows.

    2. $98 bucks for XP OEM is less than I paid for Win 7 full installs at Amazon: $180.

    3. But if you want to run OEM Windows, Amazon has Win 7 32 or 64 bit for just $99.99.

    4. There’s reasons to prefer XP. You can probably run more varieties of software on XP than Win 7. XP may take less disk space. XP may actually run faster.

    5. But there’s reasons to prefer Win 7. It is getting Microsoft’s full upgrade attention (well, maybe that is a mixed blessing). It is arguably more secure. I do know Lion is going to be completely 64 bit, and I don’t know how that might affect Parallels running Windows. Would a 64 bit version be required?

  136. Anonymous

    FWIW, FYI, I will add for clarification, that “oem” copies do not include support from Microsoft, as the builder is supposed to provide that support. And it may well be that once I’ve installed this on one machine (my vm) it can’t be validated on another, just as my “ported over” XP machine to my first vm (see my previous notes on my experience) was not able to be validated on my Mac, even though I had a code for it on my original PC. But my new XP Pro copy runs Windows update just fine and has acquired all the latest fine tuning from Microsoft. If the lack of “support” from Microsoft bothers you you can buy a “Full, Retail” copy for $40-$50 more. But, I have read that Microsoft will cease all support for XP in March, 2014, but who knows?…..by then there may be a fully functional Quicken for the Mac?

  137. Anonymous

    After browsing online, I was able to buy a brand new, fully authorized (with validation code) copy of Windows XP Pro w. SP3 (labelled “oem original copy”) from a reseller for $98. It validated online with Microsoft w/o problem and when I set up Windows Update, it got subjected to Microsoft’s “software validation process” (“to make sure your not using pirated software” as it explains) and passed with no problem. A friend of mine who builds gaming machines from components said he buys similar copies…they’re published for computer builders…and the price is way down because Microsoft is no longer selling it and the big builders are liquidating copies they’ve never used in the resale market. In any case, not a bad price for a fully licensed copy and it runs Quicken under Parallels like greased lightening on my PowerBook with much less overhead junk than Win7.

  138. Anonymous

    Yes, to XP.

    But I don’t own any XP full installs, and unless one buys on eBay, and those might not be “legal” licenses, there don’t seem to be any extra new copies on offer.

  139. Anonymous

    At the risk of being repetitive, if you want to run Quicken in Parallels, you don’t have to run Win7. For the purposes of Quicken, WinXP Pro SP3, especially as augmented by the protection and backup software included with Parallels, will be entirely as good, fast and secure as Win7 and brand new copies are out there under $100. Lots of businesses still use it because of its compatibility with Server, Outlook, etc. so it likely will still be supported for a long time (which means the hated updates, but that you’ll have to live with with any Windows). XP Pro is less resource demanding, is nice and compact and a quick install. And I don’t believe Quicken is optimized for 64 bit anyway, so why spend the extra money. Drivers and hardware compatibility are also likely to be better.

  140. Anonymous

    I agree with those who have settled in with a Windows 7 and Parallels solution. After trying many other ways (Crossover, etc.)I finally bit the bullet, spent the money and got Win 7/Parallels. It was worth the money. Save your time, anguish and money by trying out these other unacceptable solutions. They either don’t work or are poor/inadequate.

  141. Anonymous

    I meant to add this at the end of the preceding post.

    You would think a Wine Install emulating Windows on a Mac or Linux machine would be a virtual machine, sort of the often described “sandbox” protecting your precious Mac from Windows problems.

    I did. I was wrong. While setting up the Wine programs to run WinQkn I read the sandbox is not true, Wine is not a Virtual Machine. Wine is converting the Windows App to a native app, with all the Windows danger that implies for your Mac or Linux box.

    Parllels, Virtual Box, VM, are actually virtual machines, and supposedly the worst that can happen if they get Windows infected is you will have to delete the virtual machine with no damage to the host. No guarantee, just an advantage over Wine installs.

  142. Anonymous

    I installed Q-Win-2010 in three different versions of Wine. PlayOnMac, WineBottler, CrossOver.

    The results in all three were about the same. The program installed. The program ran. I didn’t test it hard in any of the three because in all the “display” was unacceptable except for, perhaps, occasional use. So if you must have Quicken Win, and you WON’T have Win, check out Wine.

    But be aware that Wine does not “sandbox” any Windows programs. They’re running pretty much unrestricted on your precious Mac, with all the danger that implies. Crossover kept trying to install Windows .net Framework and IE 6, though I don’t know if it really did that.

    But be prepared for eyestrain if you use it much. By contrast, Parallels running Windows is quite acceptable. As I and my co-worker sit in front of Quicken hours a week, I’ve ordered more copies of (ugh) Win 7 and Parallels.

  143. Anonymous

    I have surrendered.

    UPS dropped off Quicken 2010 from Amazon today. Multiple copies.

    In a couple of hours I’ve set up the Quicken for Windows Accounts in Parallels 6 running Win 7 32 bit. Since I left Windows Quicken at Q98, the Mac 2007 version is actually closer to my Windows Quicken experience, so there’s been some changes, and not for the best.

    Still, Quicken 2010 is doing exactly what I need, thus far. I’ve set up the business accounts, created the opening balances, and started summarizing data from my Quicken 2007 for the current fiscal year.

    The next step will be to see if I can successfully run Q Win 2010 on a Wine install on OS X. I do so hate paying money to Microsoft. I shall report my success, or lack thereof.

    [Running Parallels 6, Win 7 32 bit, on mid-2010 Mini with 8 Gig RAM and a 240 GB OWC SDD. It is pretty zingy. I had previously installed Win 64, but went back to 32 bit thinking I might get Q 98 to run. False hope, that.]


  144. Anonymous

    (see my previous posts{#18 & ff} re my dependence on Quicken)

    I now have to agree with posts # 15 & 23 to the effect that:

    Those of us who can’t leave Quicken for Windows behind (and I agree, there IS NO SUBSTITUTE out there in the Mac world) are wasting our time continuing to look.

    I have gone ahead and installed Quicken in a Parallels Desktop 6 virtual machine and I cannot say enough good things about how smooth and easy the install was and how superbly well it runs and integrates with my new Mac. Don’t want to “run it in a window?” You can choose a mode that runs it right off your dock just like a Mac app and you’ll rarely notice the difference. In fact, my new Mac PowerBook Pro runs Quicken in Parallels a lot faster and snappier than my old Pentium 4 laptop did!

    Admittedly, I have a lot of horsepower & resources available in this new machine, but running this emulation and handling my 70+ MB .QDF file doesn’t phase the Power Book one bit. On my old XP machine, using the Tax Planner used to cause frequent delays when amounts were updated and the occasional crash. Now, Tax Planner screens (which are running off data in your whole Quicken database) update with a snap when I hit a key. I am very satisfied.

    The last poster mentioned “prettier” with regard to the Mac finance programs. Well, Parallels desktop virtual machine allows you to run your Windows programs (including the XP windows such as Desktop and Explorer) in “Mac Look.” If you didn’t recognize the basic picture as the same one you had back in “real windows” on a “real machine”, you would swear that your just running another Mac app!

    So, my advice to all those who’ve posted here to share anxieties about Quicken and there new Macs is, “Relax, Parallels Desktop 6 is the solution.” I would have a few words of advice about the install, but that would be a little off-topic here, so I’ll just say that anyone can feel free to correspond with me if you’d like to discuss it. The main points I recommend are: 1) download and read the Parallels Desktop .pdf manuals from their website before you do the install (or they’re on the CD) and 2) don’t count on just “transferring over” your entire windows machine to a Parallels virtual machine if your OS is an OEM copy of Windows (even though I have the activation code, it wouldn’t activate on my new vm; Microsoft says it’s because the OS on my original machine was only licensed to the oem for THAT machine. But a new install with a fresh copy of WinXP Pro SP3 went like a dream. I was able to buy that online for only $98, apparently because Microsoft doesn’t sell it anymore and resellers are liquidating copies. It’s fully authorized and passed Microsoft’s online verification screening, and Microsoft is still supporting XP SP3, so all the update downloads were fully available.

  145. Anonymous

    I have spent the best part of two weeks trying to find a replacement for Quicken 2007. This is important, now, because I work for a large “small business” that uses Quicken, and the fiscal year starts June 1.

    At this point, I’ve found no substitutes.

    iBank4 works fine for my relatively simple personal finances. Which is as it should be, as iBank4 is a “personal finance program.”

    Where all the rest goes wrong is in the ability to import and export, and the kind and variety of reports they generate. Oh, and some don’t write checks. OH, and there’s DATA ENTRY which sucks across the board.

    Years ago Quicken stopped supporting the QIF function in Q for Win. The reason: QIF was “open,” and banks could enable account downloads to Quicken without paying Intuit. Thus the “invention” of QFX.

    We use QIF import/export to enable two users in two locations to keep one unified Quicken file. We also have a payroll program that exports to QIF and thus into Quicken.

    Quicken 2007 for Mac was the last iteration of Quicken that made the QIF roundtrip possible. Thus running Quicken-Windows in Parallels won’t cut it. And while I’ve not opened Quicken 2011 WIN, a review on Amazon reported flashing ads that can’t be turned off. The last version of Quicken for Windows I bought had flashing ads. I managed to block Quicken’s connection to the internet, which cut the variety of ads, but left ones for Intuit built into the program itself. BLEEEECH.

    As to reports, there’s few in the other programs that do run on Mac. By exporting the reports that are there (and transaction data) to Excel, it is possible to work around, but a lot more effort than crafting a report in Quicken and memorizing it.

    Now on to data entry. Most of the “Mac-Centric” personal finance programs are prettier than Quicken. And the ones I’ve tried are more or less fine, until it is time to “split” a transaction. The lovely simple split window in Quicken just doesn’t exist in these other programs. Very frustrating, in iBank, which comes the closest, it is extremely easy to delete a split into which I’ve put a lot of work. And the split windows in all those programs tend to be at the bottom of the screen, displaying like one row at a time. It is all but unusable, though it works fine if you’re recording your personal electric bill and don’t have to break the transaction among “tenant” accounts for a large building.

    Then there’s check printing. Quicken Essentials notoriously launched without check printing. Great, if all your money is electronic. Not so great if you have to print checks, and we still do at work. See Finance looks good on the web site, no check printing.

    Tried GnuCash. Didn’t like it because while splitting transactions is, on the surface, more possible and reliable than the Mac-Centric programs, it felt like a kludge, perhaps because in the rush to get ahead of my June 1 New Year, I haven’t given it enough time. GnuCash does have it all, if you can live with it.

    Installed kMyMoney in Ubuntu. In theory it prints checks, but it isn’t a menu option, checks print as HTML overlays, and nowhere could I Google up a way to actually do it.

    Launched a trial of QuickBooks Online. What has been costing no more than $100 a year for the payroll program updates would cost closer to $800, and once QuickBooks Online has your data, it is their data (not for security, tho there is THAT worry, too, but in the sense there’s no way to export it back to yourself except, perhaps, to Quickbooks desktop. And there’s no import. Canceling that before it charges my card.

    What’s left? Not upgrading to Lion is ever more attractive.

    I’m currently (desperatly!) considering the MoneyWorks software from Cognito in New Zealand. These look to be powerful programs, although the entry version offered on the Mac App Store (CashBook) does not include check writing. There are trial downloads on the developer site: http://cognito.co.nz/products/?range

    An ending comment. This thread is surely the most useful and helpful summary of Quicken 2007 End of Life issues I’ve found on the ‘net. What a treat!

  146. Anonymous

    I use Quicken Deluxe 2002 for the Mac on my 24″ iMac running OS 10.6.7. I have no problems at all.

    But here is the question: As Lion looms and I consider switching to some other program, am I better off getting Quicken 2007 (which Quicken tells me will import my 2002 files with no issues) in order to have a more “portable” output format for potential future switching? Or should I save the $69 that Quicken wants for the download and use 2002 as long as I can and count on being able to import 2002 format into whatever comes next?


  147. Anonymous

    @Willyjp – That’s a maybe for me — just one option depending on several other factors. Definitely not a decision that is hard & fast in my mind. There will be lots of further research into all the options if this decision needs to be made on my end.

    I seem to recall being able to import some of the data from my personal Quicken file into iBank when I was trying it out, but it entailed a lot of cleanup. (Admittedly, this was a few months ago, and I tried several programs, so I’m not 100% sure this is specifically for iBank.) I would likely start new iBank files for my clients. Accessing historical data would likely be an issue that I find other workarounds for. Not an ideal world situation. But that’s a bridge I will cross when the time comes.

    As I said, if I could get better reports for clients out of YNAB, that would definitely be my #1 choice.

    But if any major changes happen on my end, to avoid data incompatibility, I will likely forego any sort of data import and just make whatever changes (in terms of software/OS upgrades) effective Jan 1, 2012.

  148. Anonymous

    Don’t give up on Quicken, but forget about Quicken for MAC. I run Quicken for Windows with either Crossover or Parallels. Both allow you to stay with and enjoy all of the features offered by Quicken for Windows but using a MAC.

  149. Anonymous

    Question for NLP:
    You say you’ll switch your clients from Quicken to iBank. Can you give any insight on the actual data conversion? My understanding, admittedly not based on any hands on time, was that iBank cannot import directly the newer Quicken format that has everything in one file (.QDF), but rather requires data parsing via a 3rd party software. Having lived thru a business bookkeeping nightmare once that required that kind of conversion, I am very leery of that, if true.

  150. Anonymous

    FYI, I do a lot of bookkeeping for my clients, and I do everything on a Mac. For my clients, I have all of their files on Quicken. The reporting features are vital, and I haven’t found them replicated anywhere to my satisfaction. (Wasn’t crazy about the UI of iBank, but that came the closest in terms of functionality.) For myself (my personal finances), I use YNAB, and I couldn’t be happier. If they would incorporate more versatile reporting functions that could be exported or printed for my clients, I would switch them all over in a heartbeat. And it syncs with my iPhone & iPad, which makes me extra happy.

    For the B&B question above, QuickBooks is great for business bookkeeping. Give it another go, and allow some patience with yourself for learning the features. If you do, you might find that it ultimately makes your life easier.

    For the impending upgrade to Lion, it has a lot of rumored features that I would love to get. So if Intuit doesn’t get on the ball and offer an update to Quicken 2007 (Essentials was a total joke), then I guess I’ll suck it up about the UI and move all my clients to iBank.

  151. Anonymous

    I’m in a real mess. I recently got an Imac after years on Dells- I’ve used Quicken for 20 years and thought that I could get the same thing for the Mac. Guess not. I got the essentials thinking that would be enough, but it’s not _ we run a B&B so I have money going in and I pay bills, but through the bank – what I really need is the category feature- to break down expenses. Yesterday I bought Quickbooks thinking that be the one, but really a lot more than I need. I want a register, like a checkbook , categories, and reports. What program should I get? I’m trying to get away from windows.
    THanks a lot

  152. Anonymous

    what kills me is that no other program seems to offer direct billpay and it is critical to my finances. I refuse to use my bank website for tracking bills because quicken offers a centralize database from which i can transfer or cut checks to people or vendors.
    if you know of direct billpay from other software vendors, let me know. I won’t be able to upgrade to lion because of this and it will the first time for me NOT to do so since 1994.

  153. Anonymous

    I am in a little different situation in that I, too, have a very long use experience with Quicken, many active and archived accounts and a huge file of accumulated data (currently 68MB!), but it is in Windows Quicken versions. And I depend on investment tracking & reporting and tax planning a lot. I’m using 2011 now and the data is all now in one file which is .QDF format.

    I am now in the process of switching to MACs, starting with a new MACBookPro. I took a close look at iBank, but apparently it can’t import the .QDF file (without first parsing it with some other software) and doesn’t do tax planning, which I rely on every quarter for estimates. So I was planning on trying Parallels and moving Quicken from and old PC to the new MAC. But I am intrigued by what I’m reading about Crossover. Can anyone expand on the pros & cons of running Quicken (or other Windows programs) with crossover as compared to Parellels? Any insight greatly appreciated.

  154. Anonymous

    As of yesterday, based on comments published here, I took the leap into foreign waters and downloaded/installed Crossover (see website: http://www.codeweavers.com/products/). This allowed me to use Quicken 2011 on my new MAC. After a short learning curve it seems to be working just fine. Perhaps sometime in the future Intuit will join the present day and design a substantial MAC based version of Quicken (Quicken Essentials is a child’s toy). But until then this seems to do the job.

  155. Anonymous

    IMHO I think everyone here is wasting too much time looking for alternatives to Quicken or getting the Mac version to work.

    Just run Quicken for Windows under a VMWare Fusion instance and be done with it and move on to more productive things.

  156. Anonymous

    Happily used Quicken 2005 for many years on both my G4 tower (PPC, Tiger, 10 yrs old) and G4 ibook (PPC, Tiger, 6 yrs old). Finally bought a new Macbook Pro, alas Q2005 will not run on it. Was considering the Quicken Essentials – Until Now.

    thanks for the comments and suggestions. I will start looking for a new financial product that is more highly recommended.

  157. Anonymous

    I’ve pursued SEE Financial with my primary financial institution. According to the SEE website, my financial institution will work. But when checking with my financial institution I learned that they only work with Quicken (who seems to have a monopoly).

    I’ve complained to my FI but unless enough people complain it is unlikely anything will happen. Doing things differently will cost them money and profit is a powerful filter on progress.

  158. Anonymous

    I have been using Quicken for Mac for at least 10 years – and initially gave up on Quicken Essentials almost immediately but have since decided to give it a more comprehensive try – and so far it is working well with over 30 accounts including cecking, saving, credit cards, liabilities etc – and although it took some getting used to and cannot connect to all my various financial institutions direclty – but that is at leaast in part because some of them do not yet support the latest format – which is hardly Intuit’s fault. I did look at iBank briefly – which an interface which is similar to Quick Essentials. Not sure if Essentials has all the reporting and graphing functions etc that 2007 has but it is working for me and one less problem to solve when 10.7 hits.

  159. Anonymous

    I too thought iBank would work as a replacement for Quicken but discovered that most all of my financial institutions don’t acknowledge the interface with iBank and consequently it is impossible to download, pay bills or update my data. I haven’t found an adequate solution and before reading this was all prepared to get Quicken 2007. Woe is me!

  160. Anonymous

    I’ve been using Quicken for Mac 2007 and still like it. Like most others, however, I probably won’t stick with Intuit products, since Intuit has essentially abandoned the Mac platform. I tried Quicken Essentials for Mac, but promptly sent it back. Not only is the interface bad, it’s incredibly slow as compared to entering data on Q 2007. And I have a MacBook Pro 2.4 GHz with 4 MB of RAM.

    I’m trying iBank 4, and so far I like it a lot. I was able to import data from Q 2007 quite well, only some cleanup required (although I decided to start with 2011 and leave prior years’ data in Q 2007; I can still access it if I need historical data). And unlike Q 2007, you get good free support with iBank.

  161. Anonymous

    Like Jerry, I have been looking for an alternative for a while too. I have been trying out Gnucash 2.4 and while it also has a steep learning curve, it has already helped me find transactions with mistakes because it uses a more rigorous accounting than Quicken. While not as friendly and Mac-like as things like iBank, since there are Mac, Windows and Linux versions, I at least know I’ll always be able to access my data.

  162. Anonymous

    I spent the past year and a half looking for a viable option for a replacement of Quicken 2007. To give a little more detail about my scenario, I have over 20 personal accounts that I was managing in Quicken 2007 so it had to be the right option for me to port over my data to a new software. Tried softwares such as Moneywell and iBank which are both great if I was starting from scratch, but neither fit the bill. Also tried the Quicken with Parallels option which is a great option for many, but again, this didn’t work for me….my mac works great with just running osx and I didn’t want to install Parallels just to run one extra software…..I know you can do a lot more with Parallels, but again, it just wasn’t a good fit for me. I discovered Mint.com and Pageonce and these have been great to use, but I primarily use it on my iPhone to get a quick daily glimpse of my finances. Both send handy reminder or notification emails to me regarding all of my transactions based on the parameters that are set in my accounts. I still use both everyday and am very happy with it.
    Unfortunately, I was still left with the problem of having to stick to Quicken 2007. I know that I will always be using some type of software to track my finances 5, 10, 30 years from now and Quicken 2007 would eventually become obsolete so either figure it out now or be forced to later. I happened upon SEE Finance about 8 months ago via googling “Quicken 2007 alternatives”. There wasn’t alot on it, but the few comments that I found were positive so I gave it a shot. My first run with the software was very brief….it felt much better than any of the previous options, but again, it didn’t feel right so I went back to Quicken. About two months ago, i decided to give it another shot. There’s definitely a learning curve and it takes a little of getting used to, but I am very happy with the software and have ported all of my accounts to SEE. I am not familiar with the company…probably a startup. The software is free, but requires the license to skip the prompt that last 4 seconds everytime that it’s launched….good news is it’s $30 for the license. The customer support is great and they have responded to all of my questions and feature requests with 24 hours.(i have sent over 20 emails) SEE is still in beta, but according to the company, they plan on launching the official first version later this year. After that, they plan on focusing on the iPhone app which I am really looking forward to.
    I apologize for the long comment. Your situation sounds very familiar to me so I wanted to share. Although it’s only been a few months, I have moved on from Quicken and am very happy with using SEE. Also wanted to say that I am in no way affiliated with SEE Finance. Just hoping that someone in the same situation with Quicken 2007 will find this useful. Have a great day and keep up the good work.

  163. Anonymous

    I will put in my usual plug for buxfer.com. It has the following features which are not available together anywhere else.

    – updating of accounts without the website storing your username/password (they use google gears)
    – projection of upcoming account values using a calendar that you fill with your regular and other bills (including budgets)

    Unfortunately, it looks like it could be shutdown any day.

  164. Anonymous

    Run Windows Quicken in VMWare Fusion instead. This is what I do. Windows Quicken has always been the better version. Intuit has always treated the Mac version as the evil stepsister.

  165. Anonymous

    Or you can do what I do and use CrossOver for Mac by Codeweavers. It allows you to run Windows programs without a virtual machine. I run Quicken 2010 on Snow Leopard. The graphics don’t convert very well, but it is completely usable.

    Compared with all of the alternatives, I’d go through the trouble of using Quicken for Windows on a Mac.

  166. Anonymous

    Luckily unless you just gotta have the latest from Apple, you’re under no obligation to upgrade to OSX Lion; Hell, I stayed off Snow Leopard for a year while they ironed out kinks with Adobe Software. Snow Leopard continues to be a capable OS even now, so you can wait if you want.

    Meanwhile, it would be in Intuit’s best interest to release a new, full featured version of Quicken again soon; I’d assume they decided to do the watered down version for more casual users, since 2007 was still available for people who wanted it. Now that they’re bound to lose a chunk of 2007 users who upgrade to Lion, they might go ahead and develop a proper 2007 sequel.

  167. Anonymous

    Good luck trying to find a quicken replacement. The closest I found was moneydance. Quicken downloads transactions for me without too much trouble. Money dance wouldn’t work unless I called my bank (BOA) and activated “Quicken services” for a monthly fee.

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