Is it better to convert to Quicken 10 or 11 from Money Plus? RRS feed

  • Question

  • I am a long time Money user (currently Money Plus) and I have resigned myself to the fact that I will have to move to Quicken. My credit union only provides cvs downloads and that is one account at a time and I have about 12 downloadable accounts at the one bank. However, they DO work with Quicken. Also, the main credit card that I use (and want to keep due to the great rewards I get) only works with Quicken and only downloads qfx files, not QIF files. I found a QIF to QFX converter for 20 bucks, but decided that since my credit union won't work with Money after the 31st, I have no choice to use Quicken.  But which version is best?

    I plan to download Quicken this weekend and begin the tedious work of converting everything, but I am hearing nightmare stories about Quicken 2011. I download transactions daily and since I use a credit card for all purchases, I have LOTS OF transactions to download. I use Cash Flow religiously, categorize everything, have probably 75 accounts (many closed). I also use Bill Pay to keep up with what I need to pay.

    So, is there anyone with a little experience transferring Quicken 2010 AND Quicken 2011? Should I just download the older 2010 version? I have read the Cash Flow is better and there are not so many ads?

    Thanks for any advice on which version to pick.  Sharon


    Saturday, January 8, 2011 5:53 PM

All replies

  • I assume you have read the Quicken forums.

    I only tried one version. I would think the conversion would work well for both versions that you mention. If I understand correctly, Quicken versions generally stop being supported after a period of time. Presumably the newer version would stay fully functional longer.

    Monday, January 10, 2011 7:01 PM
  • I converted from Money Plus to Quicken 2010 last January.  The data came across pretty acurately and I had A LOT of Data.  I've used Money since its inception and I have a Portfolio with several hundred stocks and 10 different brokerage accounts with data going back to 1997.  For day to day things like downloading credit card and bank account information, bill paying, etc I find itg adequate.  For tracking investments I have found it totally unuseable.  It's totally arcane and even a simple task like entering a buy or sell is an exercise in frustration.  You can't even use a stock's ticker symbol (or if you can I haven't found the trick yet) when you are entering the data.  So my advice (and this is what I did) use quicken to pay your bills and track my expenses and bank accounts.  Use MS Money for all my Investment tracking.  If thats your goal I don't think it matters which version of Quicken you use. 
    Wednesday, January 12, 2011 9:03 PM
  • One issue I DID have when moving to Quicken 2010 was that everytime I launched it, it crashed.  It turned out that the file name I used was more than 8 characters long and that made it crash.  You would think that since we've been using long file names since Windows 386 at least they would have modernized their file naming conventions but that's Intuit for you.  How that program won and Money lost I'll never understand.
    Wednesday, January 12, 2011 9:12 PM