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Average user rating:
- My rating: 0 stars
Full user review
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9 out of 9 people found this review helpful
1.0 stars
"Stick with Quicken 2003"
Pros: Great if you only have a checking account
Cons: Terrible if you download investment transactions
Summary: In Quicken 2003 and prior versions, I used to be able to edit investment register transactions. This was very useful when downloading information from my financial institution, since sometimes the transactions come down with the wrong type. For example, interest sometimes comes down as a generic deposit.
In Quicken 2004 we received a new "feature" that requires that all investment transactions be entered using a form, rather than through the register. This would be OK, except when editing a transaction, certain transactions can not be converted into certain other transactions, and I receive the "you have to delete this transaction and start over message". I see absolutely no reason why the Quicken program can not figure out some way to transform any investment transaction into any other. Even if only the amount is retained through the transformation.
I was sorry that I ever switched from Quicken 2003 to Quicken 2004. I had hoped that this terrible "feature" would be fixed in 2005, but it wasn't.
I was very happy to see that in Quicken 2006, the "new" feature was added to allow editing transactions in the investment register, so I purchased a copy. I was very dissapointed to find that, again, only certain transactions can be transformed into other certain transactions. This feels like a very bad joke.
I believe that someone at Intuit believes that once an investment transaction is entered, "who would ever what to change it?" This person has obviously never actually used the download transaction feature, since quite often the transactions that come down have the wrong type and have to be changed. Having the program force me to delete them and enter them over again, suggest that I should forget about the download entirely and just type them in by hand. In fact, why not just use a paper journal?
Don't buy this program if you own stocks and want to track an investment account.
- 1 reply to this review
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i was contacted by intuit in 2004 to review some of their products, did so and in my conversations i commented upon their changing the data format routinely. the person i talked to said they would not be doing this afterward. was disappointed that this did not happen.
also i am very unhappy with how quicken premier now handles input into investment buys, sells ect in the transaction data. would consider looking at an alternative product.
perry waldrep feb 1, 2006
Where to buy
Quicken Premier Home and Business 2006:
$179.80
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eBay
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$179.80 | Yes |
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