So much for quicken.Quicken for Mac still trails Quicken for Windows in ease of use, interface (i.e.. But I’m told (by Quicken) that because the program on my computers used a 32-bit data and the new cloud-based version uses 64 bit, my legacy data will not be available. However, with a new computer running Mac OS Big Sur, the program is no longer supported and I have to move to the online version of Quicken.
Newest Quicken Software To HBut now that the Quicken product line is under new ownership, the Mac side hasn't been neglected as much. Updates to Quicken for Mac were sporadic at best until Intuit sold the software to H.I.G. There are Quicken versions for Windows and Mac. Check out our review of Quicken 2018 for Mac for more.Quicken has been around for a long time.Which makes it easy to accidentally create new categories, which then need to be manually ferreted out once you discover them.You might have guessed it from the headline but the big addition to Quicken For Mac 2016 is finally – yes finally – Bill Pay online payments. If, say, you happen to enter a category label that doesn't exist, Quicken will create it without asking if you are actually intending to create a new category. The big question is, does this final throw of the dice by Intuit disappoint as much Quicken 2015 or has Intuit finally made peace with Mac users? We took a closer look and reviewed Quicken 2016 on Mac although the results were quite disappointing and we’re recommending switching to one of these alternatives to Quicken on Mac.Prevent auto-creation of new categories in Quick for Mac. And this is probably the last ever version we’ll see from Intuit because In March 2016, the company announced that it has sold Quicken to private investment firm HIG Capital. Apples latest version of macOS, Catalina, officially ditches 32-bit app support, but you can still run the.Quicken For Mac 2016 has been released today despite it taking 7 years for Intuit to release the last big update to Quicken last year.If you’re thinking that you’ll just buy Quicken 2007 instead then, you’re out of luck. Direct Connect Bill Pay is a completely different service to Quicken Bill Pay which only works in Quicken 2007 for Mac and the Windows version of Quicken. Note that confusingly, Quicken 2016 for Mac does not support Quicken Bill Pay for direct bill payments from your account. Online Banking Services Not Working After Upgrading to the Latest Version of Quicken.Intuit don’t seem to have provided any official list of banks that work with Direct Connect on Mac so you have to contact your bank in order to check whether it’s supported or not. Of course, this is still limited to banks that support Direct Connect Bill Pay and as many Quicken users will tell you on Mac, it doesn’t sometimes work as well as it should.Quicken Web Connect and Express Web Connect for Windows and Mac.However, this has already been introduced in Quicken 20 since earlier this year. Free Phone Support: Free phone support is now available to Quicken 2016 for Mac customers between 5AM to 5PM PST. Migrating To Quicken 2016 From Another Version Of QuickenBut are there really any new Quicken for Mac 2016 features other than Bill Pay? Well there are two but one of them isn’t actually “new” anymore: Quicken 2016 For Mac vs Other Versions Of Quicken Direct Connect is the most important feature to check for because it offers the most complete service and is included in Quicken 2016 for Mac. We strongly recommend you verify which of these your bank supports but you can see on overview of the differences between the 3 different ways of connecting here. However, there’s no calendar view of these transactions so you can’t get an overview of what’s coming up over the year ahead which is a bit frustrating.In addition, Quicken 2016 for Mac can automatically download transactions from more financial institutions – around 14,500 according to Intuit. For example, Scheduled Transactions has now changed name to Bill & Income Reminders and now allows you to have a better overview of the impact of upcoming paychecks and bills on your account balance to avoid overdrafts or slipping into the red. However, there have been some subtle changes to features and the interface compared to Quicken 2015 for Mac. Transfer Money Between Accounts: You can now transfer money between bank accounts at the same bank that are connected to Quicken via Direct Connect.So apart from Bill Pay, Quicken 2016 is a small upgrade from 2015. Of course, Quicken can’t actually manage investments such as stocks and shares but there’s plenty of excellent stock trading software for Mac which we looked at in depth here. However some investment reports and views are missing such as performance (IRR) and allocation by investment. Quicken 2016 for Mac at least supports manual bill reconciliation so you can reconcile transactions against your bank statements.Investment Tracking has been slightly improved in Quicken For Mac 2016 showing you realized and unrealized gains, continuous updates, Schedule D tax reports for capital gains and tax deduction tracking for when you have to file taxes. We also found that Quicken For Mac doesn’t always categorize them correctly and you may find you have to spend a lot of time manually categorizing transactions yourself. We experienced various duplicated transactions which are a nightmare to remove manually if you have years of accounts. Bill Pay, the ability to transfer money between accounts and free phone support. This comparison chart shows you at a glance what you’re missing out on (or not) including how Quicken 2015, Quicken 2007 for Mac and Quicken Premier on Windows compared to Quicken 2016 and as you can see, it’s hard to make an argument in favor of upgrading:You can view the full Quicken 2016 for Mac comparison list here but the most important differences are at the top of the chart above i.e. However if you don’t need Bill Pay, there aren’t really many compelling reasons to upgrade from Quicken 2015. If you do rely on Bill Pay, upgrading is a no-brainer – it’s definitely worth upgrading for the convenience of it. Quicken 2016 For Mac vs Other Versions Of QuickenThis is all very nice but the question for all those that shelled out for Quicken 2015 little more than a year ago is is it really worth upgrading to Quicken 2016 For Mac just for Bill Pay? As we’ve seen, Intuit are trying to tempt users with a few “extra” goodies and enhancements but the truth is Bill Pay remains the only compelling feature worth upgrading for. There’s also a few other useful reports in Quicken 2016 such as a category summary and tax schedule. Faster free emulator than bluestacks macThere are several important features missing from the Windows version which you can see in the comparison chart but one of the most critical for many people is the failure to support multiple foreign currencies. Quicken For Mac vs Quicken For WindowsWhen it comes to Windows, whichever way you look at it, Quicken for Mac is still miles behind Quicken for Windows and if you need the Windows version, you’re better off installing Windows on your Mac than buying the Mac version. Considering that Intuit are in the process of selling Quicken, it’s hard to see how they can commit the new owners to offering free updates to Mac users until 2019 so it remains to be seen. It’s hard to discern whether this means whether Mac users will or won’t have to upgrade to another version of Quicken until 2019 but if it’s free updates for the next 4 years, then it’s definitely progress. To its credit, Intuit has been allowing Mac users to provide feedback and also vote on features they want to see in new versions of Quicken since the release of Quicken 2015 and the idea is that until 2019, the most requested features will be added for free.
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