In creating the budget for 2019 (I'm using Quicken for Mac v5.9.2) I'm quite sure that I specified the data for the new year come from 20. Margaret, 1 week ago Last reply: Margaret, 5 hours ago.
If you're Mac user who is new to personal finance software, Quicken Essentials may just be enough for you. But, if you switch to another software later on, you may not be able to get your data to import into other software and you would have to enter transactions all over again (however, iBank 4 imports Quicken Essentials for Mac data). If you just need very basic personal finance software and doubt you'll have a need more money management features in the future, Quicken Essentials is worth a look. Quicken Essentials was very responsive, screens opened when called and data updated quickly. Everything in the software is bright and colorful, from the overview screen to spending category selection in the budget.
This aspect of the software makes it really enjoyable to use. Pie charts and bar graphs are used to convey information at a glance. Click on these graphics to drill down and see the transactions or accounts that make up the graph. The visuals are nicely done and never pokey, with boxes that flip open with options to be chosen. Speaking of adding accounts, the three credit cards I set up are all at one financial institution and Quicken Essentials recognized this so transactions for all cards were downloaded at once.
I usually have to establish each of these accounts separately in the personal finance software. Account balances are found by clicking on Account Summary in the left toolbar, and account registers are accessed by clicking on the accounts listed in the same toolbar. To find a list of payees, categories, and tags, click on Window on the top toolbar. Quicken Essentials comes with six reports which are listed on the left toolbar, with very basic customization options. If you used Quicken for Windows or are a financial report hound, you're not going to be happy.
Options included the ability to select accounts, categories, and tags to include in the reports and the date range can be changed. There is no budget report that shows month to month budgeted amounts compared to actual spending, you will only find a bar graph available in the budget module. Setting up the budget is easy in Quicken Essentials for Mac.
When you first open the budget feature, spending goals per expense category are recommended based on a three-month average of your downloaded transactions. You can change the goal amounts and add goals for that the automatic doesn't pick up, or remove categories you don't want to track. That's about all there is to budgeting in Quicken Essentials. As noted above, there is no comprehensive budget reporting. If keeping a more detailed budget is important to you, try, or MoneyWell. If you track tax-related budget categories, you can export data for use in any tax software that supports the, and most if not all do. To export data to tax software, categories are assigned to tax line items found on IRS tax schedules and forms used for your tax return.
It is critical that these assignments are made properly. At the end of the year, click on Tax Schedule found in the toolbar under Reports, then select Export Taxes. This produces a TXF data file, which is then imported into tax software (the tax interview will ask you for it). The great thing about this personal finance software is that it has speedy downloads from a huge selection of financial institutions, and it actually looks and behaves like a Mac application, unlike earlier versions. Unfortunately, Quicken Essentials for Mac also lacks some of the features users counted on in earlier Quicken Mac versions, but Intuit is still supporting Quicken Mac 2007.
If you need the, investment and other features in Quicken Mac, you should probably keep using it and wait for Quicken Essentials features to expand before you switch.
Quicken makes managing your money easier than ever. Whether paying bills, upgrading from Windows, enjoying more reliable downloads, or getting expert product help, Quicken's new and improved features will help you save time and get better control of your money. Features. Pay your bills from right within Quicken:.
See and track them all in one place so that you never miss a bill. See what bills have been paid, are coming up, or past due. Easily pay your bills on time from right within Quicken. Single-click upgrade from Quicken Windows to Quicken Mac: What's New in Quicken 2018. Quicken makes managing your money easier than ever. Whether paying bills, upgrading from Windows, enjoying more reliable downloads, or getting expert product help, Quicken's new and improved features will help you save time and get better control of your money.
Version 5.9.2: Improved:. Improved overall search performance when searching for transfer accounts in both the category and transfer fields. Also refined the way search works while typing in the Search field. Display a less intrusive subscription reminder as a small notification at the top of the window instead of popping up a screen on launch. Added the ability to include retirement accounts in the tax report to track taxable withdrawals. The Portfolio View will now display N/A instead of 0 when Gain/Loss or ROI Amounts/Percentages don't fit within the defined holding period. The sidebar can now be temporarily hidden by dragging the slider to close it.
This setting is not saved so you can easily get it back. Look for continued improvements in a future release. Re-enabled the ability to have tabbed windows using View Show Tab Bar New:. Added Cost Basis/Share and Account columns to the investment Portfolio View. Added a Security Overview button to the Security window that opens a web page providing more security details. Added support for the new Quicken World Mastercard - Designed especially for Quicken members. Get real-time notifications in your Quicken mobile app when you use your card, including pending transactions, so your spending, budgets and custom alerts are always up to date.
Learn More. Added support for the new Quicken Capital One savings account. Make your cash work harder for you.
Earn 2.00% Annual Percentage Yield (APY) plus up to $600 exclusive bonus Fixed:. In reports, fixed an issue where the Last 7, 14, 30, 60 and 90-Day filters were off by 1 day. Drill down reports weren't respecting the payee or tag filtering. The Category Summary report wasn't displaying hidden payees because Include Hidden Payees checkbox was unchecked. It should be checked by default. The Keep Number of Backup Files preference wasn't being honored. Quicken automatically combines dividends with their corresponding buys and converts them to a single reinvested dividend transaction.