Quicken

Pros

You are able to setup Quicken to sync transactions with your various bank and financial institutions. If you have the skills and proper data entered, you are able to run reports with valuable information.

Cons

Quicken isn't always user friendly. I'm an accountant who has worked with many financial software, so I can work my way through it, but it isn't always user friendly. I also do not love how Quicken treats transfers between accounts as income and expense.

Pros

It makes it easy to keep track of expenses and bank accounts

Cons

It can be buggy at times, e.g., downloading transactions into the wrong account.

Alternatives Considered

Reasons for Switching to Quicken

Pros

I've been using Quicken for years. I like having all my financial info in one place, I also like the online downloading of transactions.

Cons

Bugs. There are a bunch and it takes forever for them to be fixed.

Alternatives Considered

Reasons for Switching to Quicken

Pros

It is extremely easy to use and has very simple and understandable reports

Cons

It is only single entry accounting so it is limited

Pros

Easy to use. Very simple to learn. User friendly. A lot of options.

Cons

There’s really no down side to it. I have used Quicken for 15 years.

Alternatives Considered

Reasons for Switching to Quicken

Pros

I like that it does what it is supposed to do and help you with your finances and taxes.

Cons

It is not as easy as you think to setup and especially if you want to use it across different computers.

Alternatives Considered

Reasons for Switching to Quicken

Pros

Quicken allows me to track my income, expenses and net worth of my small business. This is great as tax time is no longer a dreaded event.

Cons

Only con is that it is not mobile friendly. I would like to be able to just take a picture of a receipt on my phone and it upload into Quicken automatically.

Pros

I love how user friendly it is, been using it at home for years, great at the office now too!!

Cons

Nothing really, can't complain.it suits all our needs.

Pros

What I like most is that I can sync to my bank account.

Cons

I disliked the customer support and not available 24/7

Pros

Has a lot of features for the average user

Cons

Hard to integrate into the flow of my business

Pros

For $80 Cdn / year this is a fantastic program for blended families with multiple sources of income and complicated expenditures that require organizing. As a lay financial planner, with a rental property and a second marriage, I have spent way too much time trying to organize the finances. What has taken me literally days to do on a spreadsheet has taken me 3 or 4 hours on Quicken. Monthly expenditures and small business management will likely take me 2 to 3 hours a month now, at most. Once you organize your Transaction Payees into Categories (a few hours the first time) you never need to do that step again! Spending charts / pie graphs are clear and 'quickly' ... you know where the money is going, almost to the moment. The program was super easy to show my wife how it works and unnecessary stressors have been eliminated.

Cons

I say almost because transactions from the bank are not simultaneously dropped into your application. Even if you update the account (refresh) it can take time for the new transactions to show up. Apparently the web app doesn't have this issue but the downloaded desk top version does. For me, no issue, but for someone who requires immediate updates it might be a problem.

Pros

Quicken does so much more than your standard budgeting and financial keeping. It has helped streamline our business and has been so efficient in our accounting needs

Cons

it was definitley hard to use at first. it took some time and asking lots of questions to really understand it. customer support has been great though

Alternatives Considered

Pros

Web-based allows me to work off an iPad or iPhone instead of carrying my laptop around when I am on the road or abroad on vacation.

Cons

There is little that I dislike about it.

Pros

Pricing was convenient for a small business.

Cons

Not easy to download credit card statements.

Pros

Ease of use year after year makes the long term utility of this software amazing

Cons

Expensive. The recent price hikes have made us reconsider.

Pros

Quicken has a very user friendly platform that makes managing our accounting simple.

Cons

I can't think of anything that we do not like.

Pros

Quicken is better suited for personal use, but we have been using it for our company for over a decade and it does what we need.

Cons

Payroll options are expensive, and not all the options are available.

Alternatives Considered

Reasons for Switching to Quicken

Pros

It is a powerful accounting tool that can provide a visual overview of different accounts.

Cons

We need to reconcile frequently; otherwise, we will make mistakes easily.

Pros

Quicken is widley used, easily syncing to major banks and platforms. Big company with broad support.

Cons

Some of the syncing and getring reports can be slightly confusing.

Alternatives Considered

Pros

Quicken is easy to use and updating from a previous version went well.

Cons

It drives me crazy that you can't sync information between computers. I'm no expert, but I can't see why you can't have information from the Quicken cloud update information on the computer.I use Quicken at work and at home. If I could just sync information that I added at home to my work computer and vice versa, it would be perfect.I don't know why this feature can't be added.

Pros

Has alot of features and functionalities

Cons

The barrier to learning was high for a small business

Pros

Feasibility and easy to use and keep track of income and expenses.

Cons

Sometimes I have issues with retrieving something; however, I believe it's user errors and I haven't taken the time to research.

Pros

Quicken has a lot of perks that’ll help you budget well. The automatic features are nice in theory.

Cons

Where do I start? First of all I can’t see anything. Everything is confusing. I don’t know where to start. It always says I’m in the red and gets mixed up. I need something dummy proof.

Pros

Able to keep tax records weekly for my small business.

Cons

Quicken arbitrarily changed the rules after purchasing this software. I have used this software for 8 years and purchased the program in 2016. After purchasing a new computer this week, and being unable to transfer my program to it, I was told I had to now pay for a yearly subscription of $60/year. Initially, I was given the option of purchase vs subscription and chose purchase. I now am told I have to pay for subscription yearly. If I had known this at the intial purchase time, I would have chosen another software or set up my own on excell. This is poor business practice by this company and I would never recommend them to anyone. I was never notified of any changes with my initial purchase. This would be considered malpractice by most other businesses. They should honor past agreements.

Pros

Full and proven feature-rich with an easy user interface. A new user can ease into financial tracking at any level, building up for a full net worth reporting that increases with expanding use.

Cons

This product will pay for itself with even initial basic use. I can't find any fault with it after over 20 years of use.

Pros

Quicken is a versatile personal finance application that covers something as simple as checking and savings account record keeping to more complex accounts such as credit card, investment and mortgage accounts. It can generate reports and graphs to provide a complete picture of one's personal finances.

Cons

To the best of my knowledge Quicken is only available on a subscription basis. In the past one could purchase upgrades as they were released or wait a year to purchase when more features were available.

Pros

Quicken is my memory of pretty much everything I have spent money on since 1995. The reporting capabilities are excellent!

Cons

I wish it handled multiple currencies better (eg. Canadian and US dollars)

Pros

My favorite feature is the ability to connect and download transactions from banks, brokerages, and credit cards. These updates make it so easy to keep up with my personal finances.

Cons

The program is so robust that it can be a little complicated sometimes. But the truth is, that is a strength that is worth the time to learn to use.

Pros

Easy to download transactions. Specialized report save fuction. Cloud sync to view on other devices.

Cons

Every once in a while it auto catorgories something worong.

Alternatives Considered

Reasons for Switching to Quicken

Pros

Was easy now difficult especially after updates

Cons

The value has gone out the window, I think this happened when they were bought

Pros

Easy setup, highly customizable, versatile and stable

Cons

None really. I've used it for business, taxes and investments for over 40 years

Pros

Being able to edit and change my spreadsheet is unlimited. The ease and simplicity of Quicken is very inviting.

Cons

Not enough advanced features. The overall look of Quicken is outdated.

Pros

All of the investing tools plus the ability to manage all of your traditional checking and savings accounts.

Cons

Can't think of anything I would add.

Pros

It is highly evolved for tracking personal expenditures, and the performance of personal investments.

Cons

The smallest price point at which I can get it, is rather high. I wish it had more tailored pricing based upon the features you need.

Pros

The value for the price. Compared to other accounting software - it is much more cost effective.

Cons

For a small business it was missing some key components like payroll. Only have 1 employee but payroll is a must.

Alternatives Considered

Reasons for Choosing Quicken

Switched From

Reasons for Switching to Quicken

Pros

It really does keep track of ALL my accounts, and looks forward at bills and income coming due.

Cons

Updating the software and/or restoring a backup can be sketchy at times.

Pros

The hope that I could transfer my decades of data from "Quicken for the Mac 2007" to Quicken Classic Premier, for which I still have a subscription until Jul 2025.

Cons

Unlike Quicken for the Mac 2007, there is no pop-up window to show presently downloaded transactions before they are entered into the register. There is no practical way that I can match scheduled or other transactions already entered into my register with downloaded ones. Duplicate transactions are the result, and we are expected to regularly review our registers to combine duplicate transactions. That is time consuming and impractical.

Pros

The software is efficient, easy, and works very well.

Cons

I am overall very satisfied. There is nothing I can think of that needs improvement.

Pros

Quicken is very user friendly. I enjoy the ease of separating our money into the different budget categories and the convenience of being able to search for expenditures based on the category they were put in.

Cons

I have occasionally had trouble when a check is written incorrectly and needs to be reprinted. I feel that there could be an easier process for voiding and reprinting checks.

Pros

Quicken as reasonably priced and linked fairly easily to my bank account and credit card account.

Cons

I did not like how the naming of charges in my bank account and cards did not line up very cleanly with the Quicken import data. It seemed like I was always scrubbing the data.

Pros

The features and functionality of Quicken meet many of my business. The reporting is simple and easy to apply and access.

I think managing multiple businesses is good with this system. It has more of a scaleable feature.

Cons

there are times when making entries or correcting entries that I think the steps could be simplified. I also think creating custom reports could be easier in terms of formatting them report and customzing to logo and branding

Alternatives Considered

Reasons for Switching to Quicken

Pros

that i can balance my checkbook and also not make a mistake

Cons

not anything i have use it forever and love it

Pros

relatively inexpensive as compared to other options.

Cons

DOES NOT WORK. Even when I did all it asked and upgraded - it is not able to use multiple files I provide.

Pros

It compared to Mint in function. And I was able to import my data.

Cons

The user interface is less appealing than Mint.

Pros

It's easy to use & you can categorize your expenses with relative ease.

Cons

I didn't have any major issues that I'm aware of.

Pros

It's a good bookkeeping service to use on the computer

Cons

Some limit in options but still solid definitely efficient

Pros

Quicken is great at helping businesses and families keep track of finances and help them budget their money better. It's very easy to use and customer service has been amazing. We were given help setting up a budget that worked for us and helped us start saving for retirement. Even though that's a long way away.

Cons

I wouldn't call this a con but I thought Quicken was only used for business finances and not for personal finances.

Pros

Quicken allows me to keep track of my personal expenses and income.

Cons

I don't have any cons for this product as it has met my needs.

Pros

I like the ability to organize and ease of us. I like the connectivity to other websites, accessibility from many platforms, and simply layout. Quicken is ideal for transaction management.

Cons

Quicken provides information but generating taxes, tracking capital equipment, really anything beyond the bare bones - is another investment in different software or an accountant.

Pros

I use Quicken for bookkeeping. One of the biggest advantages is how easy it is to copy and paste previous entries—it saves a lot of time on entering similar repetitive expenses. I also appreciate the ability to set up recurring monthly payments, bills, and expenses, which simplifies my workflow significantly. There’s also a good amount of customization options.

Cons

the software does feel a bit dated. The version we’re using looks and operates like something from the early 2000s, which can make it feel clunky compared to newer software. Despite this, I like QuickBooks overall—it’s nothing fancy, but it gets the job done in a straightforward way.