Not often, but once in a while. I also like to compare my expenses over time and investment performance over time. I have data going back to 1994. I wouldn't die without the data, but I wouldn't give it up to go to MoneyDance. I tried it and didn't really like it. Quicken is far from perfect, but the alternatives I tried were disappointing to me.jajlrajrf wrote: ↑Tue Jul 21, 2020 8:59 amJust pick a date to do the cutover; anything pre-that date is in Quicken, anything post that date is in Moneydance (or whatever else you're using; I did this when migrating to Gnucash.). It's even easier if you can do the cutover on January 1st, but honestly how often do you REALLY need to find out how much you paid for a Toro lawnmower in March of 2003?J G Bankerton wrote: ↑Wed Jul 15, 2020 11:02 pmI tried to export it to Moneydance. It was a mess. I paid $40 for it too. If I was starting new I would chose Moneydance over Quicken but I'm 20 years too late for that.
Quicken 2019 and forward
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Re: Quicken 2019 and forward
Re: Quicken 2019 and forward
Sure, if you don't like the alternatives, no reason to switch. My meta-point is that if you find something that you like better, go ahead and make the switch and just keep your old copy of quicken around for historical access to the old stuff when you need it. There's really no point to migrating the data beyond feeling type A about it, and in fact migration probably increases your risk of errors.
IMO your bookkeeping program is the wrong place to keep historical data past the current or past few accounting periods, because it's inherently fragile and contains detail that you basically don't want. If I cared about this level of analysis, I'd do an end-of-year rollup each year to Excel with basically the values of each asset, liability, income, and expense account. In 2020 I might care to know that I spent $6000 / year on groceries in 2005; I don't need to know that I bought a pack of Cheesy Poofs at the 7-11 on March 23, 2005 for $2.99.michaeljc70 wrote:I have data going back to 1994. I wouldn't die without the data, but I wouldn't give it up to go to MoneyDance.
Last edited by jajlrajrf on Tue Jul 21, 2020 9:42 am, edited 2 times in total.
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Re: Quicken 2019 and forward
Yes. When I did the import into MoneyDance there were so many problems it would have taken me a month to try and fix them all. Starting over seemed like the best option.jajlrajrf wrote: ↑Tue Jul 21, 2020 9:37 am Sure, if you don't like the alternatives, no reason to switch. My meta-point is that if you find something that you like better, go ahead and make the switch and just keep your old copy of quicken around for historical access to the old stuff when you need it. There's really no point to migrating the data beyond feeling type A about it, and in fact migration probably increases your risk of errors.
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Re: Quicken 2019 and forward
I use a copy of Quicken 2017 that I bought on eBay (I replaced an old copy of Quicken 2010 that no longer worked when I bought a new computer).
Other than not wanting to be locked into the "subscription model" and also the associated potential security issues, I feel loading my own data monthly and having it all on my home computer is both safer (you catch your mistakes) and also a better way to stay on top of your finances. It only takes a short amount of time per month and it has the same advantage as balancing your checkbook. If everything is automatic you get lazy. If you do it manually you know what is going on.
Other than not wanting to be locked into the "subscription model" and also the associated potential security issues, I feel loading my own data monthly and having it all on my home computer is both safer (you catch your mistakes) and also a better way to stay on top of your finances. It only takes a short amount of time per month and it has the same advantage as balancing your checkbook. If everything is automatic you get lazy. If you do it manually you know what is going on.
Re: Quicken 2019 and forward
I've tried virtually every personal finance software known to man on Mac, and many on Windows. I have strong opinions.
None of them are perfect. If you care about accuracy to the penny, investment tracking, and the ability to model cash flows, the only real choices are Gnucash and (to a lesser extent) kMyMoney; there's also plain text accounting software like Ledger or Beancount, but my personal opinion is that they are (1) really really nifty but (2) don't scale past a few transactions a day. If you don't care about investment tracking (seems unlikely for Bogleheads) then a bunch of the accounting packages (eg QuickBooks) become viable. If you don't care about being able to model cash flows, then you can consider one of the single-entry packages (Quicken, Banktivity, Moneydance, Moneyspire, probably hundreds of others), most of which are more alike to each other than different. Moneydance is full-featured enough that it's probably my go-to recommendation for someone who doesn't need Gnucash-like levels of power.
None of them are perfect. If you care about accuracy to the penny, investment tracking, and the ability to model cash flows, the only real choices are Gnucash and (to a lesser extent) kMyMoney; there's also plain text accounting software like Ledger or Beancount, but my personal opinion is that they are (1) really really nifty but (2) don't scale past a few transactions a day. If you don't care about investment tracking (seems unlikely for Bogleheads) then a bunch of the accounting packages (eg QuickBooks) become viable. If you don't care about being able to model cash flows, then you can consider one of the single-entry packages (Quicken, Banktivity, Moneydance, Moneyspire, probably hundreds of others), most of which are more alike to each other than different. Moneydance is full-featured enough that it's probably my go-to recommendation for someone who doesn't need Gnucash-like levels of power.
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Re: Quicken 2019 and forward
It's like a walk down memory lane. I'm a bit of a hoarder, I can't throw things away even if there is a one in a thousand chance I may need it. Do you need an oil filter for a 2000 Plymouth Voyager? It has never been used.
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Re: Quicken 2019 and forward
Put it on Ebay. You could make a couple of dollars while cleaning out the clutter.J G Bankerton wrote: ↑Tue Jul 21, 2020 12:09 pm It's like a walk down memory lane. I'm a bit of a hoarder, I can't throw things away even if there is a one in a thousand chance I may need it. Do you need an oil filter for a 2000 Plymouth Voyager? It has never been used.
May neither drought nor rain nor blizzard disturb the joy juice in your gizzard. -- Squire Omar Barker (aka S.O.B.), the Cowboy Poet
- J G Bankerton
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Re: Quicken 2019 and forward
I find I can give stuff away to the Salvation Army but find it hard to throw it away. I don't think the Salvation Army would take my old Quicken entries.bertilak wrote: ↑Tue Jul 21, 2020 12:35 pmPut it on Ebay. You could make a couple of dollars while cleaning out the clutter.J G Bankerton wrote: ↑Tue Jul 21, 2020 12:09 pm It's like a walk down memory lane. I'm a bit of a hoarder, I can't throw things away even if there is a one in a thousand chance I may need it. Do you need an oil filter for a 2000 Plymouth Voyager? It has never been used.
I will give Quicken credit, it has worked without problems for almost a month. There some interesting things in it beyond being a checkbook. If I can get a renewal for $20 or so I'll keep using it.
Turbo Tax; I don't mind paying big bucks every year because the program works and is rewritten every year. It also allows 5 different users on one license.
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Re: Quicken 2019 and forward
Computer glitch.
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Re: Quicken 2019 and forward
That was a bug and has been fixed in the most recent update. If you haven't installed the software update yet, the workaround is to update quotes only, after a One-Step transaction update.J G Bankerton wrote: ↑Mon Jul 20, 2020 11:33 amThat happens to me all the time with one step update. With manual update it works once or twice then it doesn't work. It appears Quicken is limiting the times one can do an update.michaeljc70 wrote: ↑Mon Jul 20, 2020 11:04 amIs anyone else having the issue that when they do a One Step Update it doesn't download stock quotes? It is checked in the settings and says it on the screen but just doesn't do it most of the time since the last update. When I do the manual update (from the portfolio view) it works fine.
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Re: Quicken 2019 and forward
Thanks. I guess I turned off automatic updates and was several versions behind. The updates were getting pretty frequent. I counted 16 this year.spammagnet wrote: ↑Sun Jul 26, 2020 11:25 pmThat was a bug and has been fixed in the most recent update. If you haven't installed the software update yet, the workaround is to update quotes only, after a One-Step transaction update.J G Bankerton wrote: ↑Mon Jul 20, 2020 11:33 amThat happens to me all the time with one step update. With manual update it works once or twice then it doesn't work. It appears Quicken is limiting the times one can do an update.michaeljc70 wrote: ↑Mon Jul 20, 2020 11:04 amIs anyone else having the issue that when they do a One Step Update it doesn't download stock quotes? It is checked in the settings and says it on the screen but just doesn't do it most of the time since the last update. When I do the manual update (from the portfolio view) it works fine.
- J G Bankerton
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Re: Quicken 2019 and forward
What is happening is if I manually enter a price Quicken will not update that security for the rest of the day.spammagnet wrote: ↑Sun Jul 26, 2020 11:25 pmThat was a bug and has been fixed in the most recent update. If you haven't installed the software update yet, the workaround is to update quotes only, after a One-Step transaction update.J G Bankerton wrote: ↑Mon Jul 20, 2020 11:33 amThat happens to me all the time with one step update. With manual update it works once or twice then it doesn't work. It appears Quicken is limiting the times one can do an update.michaeljc70 wrote: ↑Mon Jul 20, 2020 11:04 amIs anyone else having the issue that when they do a One Step Update it doesn't download stock quotes? It is checked in the settings and says it on the screen but just doesn't do it most of the time since the last update. When I do the manual update (from the portfolio view) it works fine.
Quicken wants to make it look like they are giving us our money's worth; I let Quicken up date as it likes and never see anything new.michaeljc70 wrote: ↑Mon Jul 27, 2020 7:57 am Thanks. I guess I turned off automatic updates and was several versions behind. The updates were getting pretty frequent. I counted 16 this year.
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Re: Quicken 2019 and forward
Has Quicken transitioned to the cloud yet or is it a downloadable program?
John C. Bogle: “Simplicity is the master key to financial success."
- J G Bankerton
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- CardinalRule
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Re: Quicken 2019 and forward
I think that the subscription model is sometimes misunderstood. Quicken is still a desktop program that you have to download and install, and your data is still stored on your computer. There is an optional cloud sync feature that may be useful if you want to use the Quicken mobile app, but I have zero interest in this. I want my data kept local (well, aside from my general, encrypted IDrive backups) and that is where it is.
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Re: Quicken 2019 and forward
Many thanks! I focused on simplicity many years ago and streamlined everything where I no longer had any need for Quicken.CardinalRule wrote: ↑Mon Jul 27, 2020 6:22 pmI think that the subscription model is sometimes misunderstood. Quicken is still a desktop program that you have to download and install, and your data is still stored on your computer. There is an optional cloud sync feature that may be useful if you want to use the Quicken mobile app, but I have zero interest in this. I want my data kept local (well, aside from my general, encrypted IDrive backups) and that is where it is.
John C. Bogle: “Simplicity is the master key to financial success."
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Re: Quicken 2019 and forward
I have observed the same issue. The recent fix did not address it.J G Bankerton wrote: ↑Mon Jul 27, 2020 5:08 pmWhat is happening is if I manually enter a price Quicken will not update that security for the rest of the day.spammagnet wrote: ↑Sun Jul 26, 2020 11:25 pm... That was a bug and has been fixed in the most recent update. If you haven't installed the software update yet, the workaround is to update quotes only, after a One-Step transaction update.
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Re: Quicken 2019 and forward
That is a feature not a bug?spammagnet wrote: ↑Mon Jul 27, 2020 6:51 pmI have observed the same issue. The recent fix did not address it.J G Bankerton wrote: ↑Mon Jul 27, 2020 5:08 pmWhat is happening is if I manually enter a price Quicken will not update that security for the rest of the day.spammagnet wrote: ↑Sun Jul 26, 2020 11:25 pm... That was a bug and has been fixed in the most recent update. If you haven't installed the software update yet, the workaround is to update quotes only, after a One-Step transaction update.
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Re: Quicken 2019 and forward
You get some free storage on DropBox with your Quicken supscription. I use to back up my Quicken file and my documents folder. I have a raid mirror system and a external hard drive, but if the house burns down thats all gone.CardinalRule wrote: ↑Mon Jul 27, 2020 6:22 pmI think that the subscription model is sometimes misunderstood. Quicken is still a desktop program that you have to download and install, and your data is still stored on your computer. There is an optional cloud sync feature that may be useful if you want to use the Quicken mobile app, but I have zero interest in this. I want my data kept local (well, aside from my general, encrypted IDrive backups) and that is where it is.
- J G Bankerton
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Re: Quicken 2019 and forward
I have a backup buried in the back with the gold but don't tell anybody.rivercrosser wrote: ↑Mon Jul 27, 2020 8:42 pm You get some free storage on DropBox with your Quicken supscription. I use to back up my Quicken file and my documents folder. I have a raid mirror system and a external hard drive, but if the house burns down thats all gone.
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Re: Quicken 2019 and forward
Yep. But my experience has been some of the fixes break other things and "enhancements" are to make them more money. Today I noticed for the first time under Reports-Investing a report called "Investing Activity". There is a button to upgrade to Premier to get this report.J G Bankerton wrote: ↑Mon Jul 27, 2020 5:08 pmWhat is happening is if I manually enter a price Quicken will not update that security for the rest of the day.spammagnet wrote: ↑Sun Jul 26, 2020 11:25 pmThat was a bug and has been fixed in the most recent update. If you haven't installed the software update yet, the workaround is to update quotes only, after a One-Step transaction update.J G Bankerton wrote: ↑Mon Jul 20, 2020 11:33 amThat happens to me all the time with one step update. With manual update it works once or twice then it doesn't work. It appears Quicken is limiting the times one can do an update.michaeljc70 wrote: ↑Mon Jul 20, 2020 11:04 amIs anyone else having the issue that when they do a One Step Update it doesn't download stock quotes? It is checked in the settings and says it on the screen but just doesn't do it most of the time since the last update. When I do the manual update (from the portfolio view) it works fine.Quicken wants to make it look like they are giving us our money's worth; I let Quicken up date as it likes and never see anything new.michaeljc70 wrote: ↑Mon Jul 27, 2020 7:57 am Thanks. I guess I turned off automatic updates and was several versions behind. The updates were getting pretty frequent. I counted 16 this year.
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Re: Quicken 2019 and forward
It is shocking that a capitalistic company with different levels of a product line would try to entice you to upgrade to a version with more advanced features that you might actually benefit from.michaeljc70 wrote: ↑Tue Jul 28, 2020 8:28 am Yep. But my experience has been some of the fixes break other things and "enhancements" are to make them more money. Today I noticed for the first time under Reports-Investing a report called "Investing Activity". There is a button to upgrade to Premier to get this report.
I have seen zero intentional breakage of features caused by updates that were designed to make me upgrade to higher level than Deluxe. They have done great work on the product over the past few years.
Cheers
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Re: Quicken 2019 and forward
No, but when it becomes invasive I have a problem with it (I'm not saying they are at that point yet). It can clutter up the interface. The claim by some was that paying a subscription fee would result in great enhancements to the product. I haven't seen one useful feature (to me) added in many years and any defects should have been their responsibility to fix for free. I have seen useful features removed. It is what it is and I deal with it due to a lack of good alternatives.Silk McCue wrote: ↑Tue Jul 28, 2020 8:46 amIt is shocking that a capitalistic company with different levels of a product line would try to entice you to upgrade to a version with more advanced features that you might actually benefit from.michaeljc70 wrote: ↑Tue Jul 28, 2020 8:28 am Yep. But my experience has been some of the fixes break other things and "enhancements" are to make them more money. Today I noticed for the first time under Reports-Investing a report called "Investing Activity". There is a button to upgrade to Premier to get this report.
I have seen zero intentional breakage of features caused by updates that were designed to make me upgrade to higher level than Deluxe. They have done great work on the product over the past few years.
I haven't heard anyone say they are intentionally breaking anything.
Re: Quicken 2019 and forward
I generally hate the subscription model too, but I’m completely happy with it for Quicken; it’s worth it to me. I have used it for more than 20 years. Perhaps it’s not a “feature” but for more than a year now they have a version for the Mac that is excellent. Quicken was, for a while, the only Windows program that I really needed. I actually ran the Windows version in a VirtualBox window for a while, what a pain. I’m really happy with the Mac version, and especially that I no longer need any Windows computers.
Re: Quicken 2019 and forward
I'm getting fed up with Quicken. Nothing ever works. Banks won't connect, transactions won't match, stock/buy sell lot info isn't right, tax info isn't right, even balances aren't reconciling right. I can't trust anything its telling me.
I don't think i'm willing to put in the daily effort to maintain this thing.
I don't think i'm willing to put in the daily effort to maintain this thing.
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Re: Quicken 2019 and forward
Daily attention is what it takes. I have learned what to let it enter and what to delete before it does. It doesn't do wash sales and it doesn't show dividends as gains, it shows them as purchases.
I have learned what to ignore.
Re: Quicken 2019 and forward
Weird. When I used 2016 version, it correctly recognized dividend reinvestment as dividend income. It's not a capital gain, though.J G Bankerton wrote: ↑Tue Jul 28, 2020 3:31 pmDaily attention is what it takes. I have learned what to let it enter and what to delete before it does. It doesn't do wash sales and it doesn't show dividends as gains, it shows them as purchases.
I have learned what to ignore.
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Re: Quicken 2019 and forward
I use Quicken after migrating to Moneydance and migrating back to Quicken. I track checking and CMA accounts and a couple of credit cards. I use the categories to track spending, including tax categories for tax filing. While I download investment account info and eyeball it, I rely on a Google sheet and Vanguard and Fido websites to track transactions, unrealized/realized gains, dividends, etc. The websites are authoritative, whereas Quicken takes work to make every transaction perfectly match. That's not worth my time, IMO. I also don't bother with budgeting as my spending is relatively uncomplicated and self-constraining. Within these constraints, Quicken works fine for me.
I use another Quicken file to track Schwab trust checking and Chase credit card account for my Mom as I manage her finances and pay her bills. I don't even bother downloading her Schwab investment account. Schwab's website and a Google sheet keep that very simple. Again, no Quicken maintenance needed in this use case.
I use another Quicken file to track Schwab trust checking and Chase credit card account for my Mom as I manage her finances and pay her bills. I don't even bother downloading her Schwab investment account. Schwab's website and a Google sheet keep that very simple. Again, no Quicken maintenance needed in this use case.
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Re: Quicken 2019 and forward
What Quicken does is put dividends in the cost basis when they are reinvested. This is technically correct but it screws up my return percent. Vanguard shows them as part of my "Investment returns". Does Quicken show "Investment returns"?acegolfer wrote: ↑Tue Jul 28, 2020 4:36 pmWeird. When I used 2016 version, it correctly recognized dividend reinvestment as dividend income. It's not a capital gain, though.J G Bankerton wrote: ↑Tue Jul 28, 2020 3:31 pmDaily attention is what it takes. I have learned what to let it enter and what to delete before it does. It doesn't do wash sales and it doesn't show dividends as gains, it shows them as purchases.
I have learned what to ignore.
- CardinalRule
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Re: Quicken 2019 and forward
I don’t have any problems with downloading dividends or interest, and my Quicken (current version) handles reinvestment just fine, for four different brokerages. About the only thing it does not do well, for investments, is option assignments.acegolfer wrote: ↑Tue Jul 28, 2020 4:36 pmWeird. When I used 2016 version, it correctly recognized dividend reinvestment as dividend income. It's not a capital gain, though.J G Bankerton wrote: ↑Tue Jul 28, 2020 3:31 pmDaily attention is what it takes. I have learned what to let it enter and what to delete before it does. It doesn't do wash sales and it doesn't show dividends as gains, it shows them as purchases.
I have learned what to ignore.
Re: Quicken 2019 and forward
The percent you see in the Portfolio view is just the percent gain over the cost basis. You can run an Investment Performance report and Quicken will correctly calculate the investment gain or loss.J G Bankerton wrote: ↑Tue Jul 28, 2020 6:24 pmWhat Quicken does is put dividends in the cost basis when they are reinvested. This is technically correct but it screws up my return percent. Vanguard shows them as part of my "Investment returns". Does Quicken show "Investment returns"?acegolfer wrote: ↑Tue Jul 28, 2020 4:36 pmWeird. When I used 2016 version, it correctly recognized dividend reinvestment as dividend income. It's not a capital gain, though.J G Bankerton wrote: ↑Tue Jul 28, 2020 3:31 pmDaily attention is what it takes. I have learned what to let it enter and what to delete before it does. It doesn't do wash sales and it doesn't show dividends as gains, it shows them as purchases.
I have learned what to ignore.
- J G Bankerton
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Re: Quicken 2019 and forward
Excellent; For three accounts Quicken figured it out to the penny. For my main account it didn't include when I invested directly with the Vanguard funds. It starts where I converted to a brokerage account.
Does Quicken do wash sales?
Re: Quicken 2019 and forward
Not sure about the wash sales. I don’t think so but I’ve never really had that come up for me.J G Bankerton wrote: ↑Tue Jul 28, 2020 7:17 pmExcellent; For three accounts Quicken figured it out to the penny. For my main account it didn't include when I invested directly with the Vanguard funds. It starts where I converted to a brokerage account.
Does Quicken do wash sales?
I know when I converted from a regular mutual fund account to a brokerage account, it only pulled in so many years of transaction history (I think it was five?) so I did lose some ability to report across the old account / new account boundary. It did save all of the detail under the old account so I didn’t lose it at least.
Re: Quicken 2019 and forward
This pretty much my scenario and what is driving me away from Quicken. Why bother if i have to use each financial institution's website for the truth anyway? For a simple overview plus asset allocation checking, Personal Capital is perfect. Granted it has its own cons, but its the product i think i want.TimeRunner wrote: ↑Tue Jul 28, 2020 4:52 pm I use Quicken after migrating to Moneydance and migrating back to Quicken. I track checking and CMA accounts and a couple of credit cards. I use the categories to track spending, including tax categories for tax filing. While I download investment account info and eyeball it, I rely on a Google sheet and Vanguard and Fido websites to track transactions, unrealized/realized gains, dividends, etc. The websites are authoritative, whereas Quicken takes work to make every transaction perfectly match. That's not worth my time, IMO. I also don't bother with budgeting as my spending is relatively uncomplicated and self-constraining. Within these constraints, Quicken works fine for me.
I use another Quicken file to track Schwab trust checking and Chase credit card account for my Mom as I manage her finances and pay her bills. I don't even bother downloading her Schwab investment account. Schwab's website and a Google sheet keep that very simple. Again, no Quicken maintenance needed in this use case.
- CardinalRule
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Re: Quicken 2019 and forward
Not a common thing for me either but the program doesn't really handle them, at least not automatically. I think I've manually adjusted the commissions field to true up the cost basis, similar to what I've done for option assignments.Kenkat wrote: ↑Wed Jul 29, 2020 10:21 amNot sure about the wash sales. I don’t think so but I’ve never really had that come up for me.J G Bankerton wrote: ↑Tue Jul 28, 2020 7:17 pmExcellent; For three accounts Quicken figured it out to the penny. For my main account it didn't include when I invested directly with the Vanguard funds. It starts where I converted to a brokerage account.
Does Quicken do wash sales?
Now available in beta, "simple investing." I wonder who the target audience is for this?
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Re: Quicken 2019 and forward
Not sure. If I am not going to track capital gains or investment income I probably am not going to be using Quicken.CardinalRule wrote: ↑Tue Aug 04, 2020 8:43 amNot a common thing for me either but the program doesn't really handle them, at least not automatically. I think I've manually adjusted the commissions field to true up the cost basis, similar to what I've done for option assignments.Kenkat wrote: ↑Wed Jul 29, 2020 10:21 amNot sure about the wash sales. I don’t think so but I’ve never really had that come up for me.J G Bankerton wrote: ↑Tue Jul 28, 2020 7:17 pmExcellent; For three accounts Quicken figured it out to the penny. For my main account it didn't include when I invested directly with the Vanguard funds. It starts where I converted to a brokerage account.
Does Quicken do wash sales?
Now available in beta, "simple investing." I wonder who the target audience is for this?
As to the wash sale thing, there are disputes on here from time to time as to what even qualifies as a wash sale. Obviously buying the exact same security qualifies and it could potentially handle that. It doesn't apply to retirement accounts and is probably rare enough in taxable accounts that they haven't bothered. I avoid them and never had to enter one in Quicken.
- CardinalRule
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Re: Quicken 2019 and forward
I noticed today that when I did a program update, the program said that "Simple Investing " is no longer in beta. It is now a standard feature and will be the default investment tracking for new users. Complete Investing will still be the default for existing users."michaeljc70 wrote: ↑Tue Aug 04, 2020 9:08 amNot sure. If I am not going to track capital gains or investment income I probably am not going to be using Quicken.CardinalRule wrote: ↑Tue Aug 04, 2020 8:43 amNot a common thing for me either but the program doesn't really handle them, at least not automatically. I think I've manually adjusted the commissions field to true up the cost basis, similar to what I've done for option assignments.Kenkat wrote: ↑Wed Jul 29, 2020 10:21 amNot sure about the wash sales. I don’t think so but I’ve never really had that come up for me.J G Bankerton wrote: ↑Tue Jul 28, 2020 7:17 pmExcellent; For three accounts Quicken figured it out to the penny. For my main account it didn't include when I invested directly with the Vanguard funds. It starts where I converted to a brokerage account.
Does Quicken do wash sales?
Now available in beta, "simple investing." I wonder who the target audience is for this?
As to the wash sale thing, there are disputes on here from time to time as to what even qualifies as a wash sale. Obviously buying the exact same security qualifies and it could potentially handle that. It doesn't apply to retirement accounts and is probably rare enough in taxable accounts that they haven't bothered. I avoid them and never had to enter one in Quicken.
- oncorhynchus
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Re: Quicken 2019 and forward
Legitimately not sure if feature or bug; can prevent accidental price overwrites vs. ease of editing.J G Bankerton wrote: ↑Mon Jul 27, 2020 8:06 pmThat is a feature not a bug?spammagnet wrote: ↑Mon Jul 27, 2020 6:51 pmI have observed the same issue. The recent fix did not address it.J G Bankerton wrote: ↑Mon Jul 27, 2020 5:08 pmWhat is happening is if I manually enter a price Quicken will not update that security for the rest of the day.spammagnet wrote: ↑Sun Jul 26, 2020 11:25 pm... That was a bug and has been fixed in the most recent update. If you haven't installed the software update yet, the workaround is to update quotes only, after a One-Step transaction update.
Regardless, this issue can be addressed by going into the Security Detail View of the affected security and selecting "Edit price history" from the "More" dropdown menu on the upper right of the window. Then you can either manually edit the price, or delete it if you want "Quotes" to update it for you.
Hope this helps,
o
-- Give a man a fish and you feed him for a day; teach a man to fish and you feed him for a lifetime. --
Re: Quicken 2019 and forward
The last Quicken update removed the splash screen. The Quicken.ini has no entry for "Splash=" (blank). I don't know if it has anything to do with my subscription, as there's nothing in the Release Notes about it.LadyGeek wrote: ↑Thu Jun 11, 2020 7:48 pm ...I've also noticed that the Quicken splash screen has recently changed. I just added my Fidelity HSA to Quicken, which is the first time I've had a Fidelity account in Quicken. The splash screen says "Connected to online services from: Fidelity (logo)".
You can find the splash screen:
- Navigate to the Quicken configuration folder, C:\ProgramData\Quicken\Config\
- Edit Quicken.ini, search for "Splash=" (path to file) <--- the splash image is here
Yes, the splash file image is dated from this time. I'm wondering how much Fidelity paid Quicken for that ad...
I was using my own image, but having no image is just fine by me.
This also suggests that removing the path to the image file (just "Splash=") will eliminate the spash screen image.
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Re: Quicken 2019 and forward
Hmmmm. My Quicken did it's update this morning to Version R30.9 Build 27.1.30.9. I still have my Quicken Deluxe splash screen showing up on startup.LadyGeek wrote: ↑Sat Nov 14, 2020 7:48 amThe last Quicken update removed the splash screen. The Quicken.ini has no entry for "Splash=" (blank). I don't know if it has anything to do with my subscription, as there's nothing in the Release Notes about it.LadyGeek wrote: ↑Thu Jun 11, 2020 7:48 pm ...I've also noticed that the Quicken splash screen has recently changed. I just added my Fidelity HSA to Quicken, which is the first time I've had a Fidelity account in Quicken. The splash screen says "Connected to online services from: Fidelity (logo)".
You can find the splash screen:
- Navigate to the Quicken configuration folder, C:\ProgramData\Quicken\Config\
- Edit Quicken.ini, search for "Splash=" (path to file) <--- the splash image is here
Yes, the splash file image is dated from this time. I'm wondering how much Fidelity paid Quicken for that ad...
I was using my own image, but having no image is just fine by me.
This also suggests that removing the path to the image file (just "Splash=") will eliminate the spash screen image.
My quicken.ini file also has "Splash=" and "SplashExpired=".
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Re: Quicken 2019 and forward
I still see a "connected to" splash also. Wells Fargo in my case.
Nothing in my quicken.ini file related to Splash.
Nothing in my quicken.ini file related to Splash.
Re: Quicken 2019 and forward
The behavior has changed during the update process. I rebooted my PC and the splash screen appeared. Restarting Quicken again, the Fidelity splash screen appeared.
Removing the path from "Splash=" in C:\ProgramData\Quicken\Config\QUICKEN.ini uses the default splash screen.
I see Splash.png in the Quicken install directory, but it's probably not worth it to pursue further. I just wanted to remove the Fidelity ad.
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More importantly, Vanguard has transitioned my account to the new brokerage platform. When I downloaded the files, my Quicken balance went to 0.00. Vanguard removed the shares from my account.
Looking at this online, a transaction confirmation notice was waiting for me. All OK online, they moved everything to a new account.
I downloaded the Quicken files from Vanguard, but Quicken refused to link the files to my existing (not brokerage) account. I'll have to setup a new Quicken account (one for traditional IRA, one for Roth IRA)
On the plus side, I have User Agent authorization (POA) for my Mom's account. Those accounts haven't disappeared. Since she has no online account, they can't ask her to transition to the new platform. Let's see how this goes when they force everyone to migrate to the new platform.
Removing the path from "Splash=" in C:\ProgramData\Quicken\Config\QUICKEN.ini uses the default splash screen.
I see Splash.png in the Quicken install directory, but it's probably not worth it to pursue further. I just wanted to remove the Fidelity ad.
========================
More importantly, Vanguard has transitioned my account to the new brokerage platform. When I downloaded the files, my Quicken balance went to 0.00. Vanguard removed the shares from my account.
Looking at this online, a transaction confirmation notice was waiting for me. All OK online, they moved everything to a new account.
I downloaded the Quicken files from Vanguard, but Quicken refused to link the files to my existing (not brokerage) account. I'll have to setup a new Quicken account (one for traditional IRA, one for Roth IRA)
On the plus side, I have User Agent authorization (POA) for my Mom's account. Those accounts haven't disappeared. Since she has no online account, they can't ask her to transition to the new platform. Let's see how this goes when they force everyone to migrate to the new platform.
Re: Quicken 2019 and forward
Upgraded to R30.10 today. I downloaded the mondo patch from the Quicken website since R30.9 showed up a few times as an available update then disappeared.
The new custom asset classes are available in Deluxe contrary to a statement in the R30.9 release notes that it was only available in Premier. The implementation is straight out of a 1970s programming model: There are 10 additional asset classes (predefined as Custom1 through Custom10) that you can edit. You can select one of the custom asset classes as a single asset class or customize your own mixed asset class.
I reported a bug (incomplete implementation) to Quicken. On the Investing/Allocations tab there is a "Rebalance Portfolio" button which brings up a window and a table that shows how actual asset allocation differs from target asset allocation. This could be useful for some rebalancing, but the new custom asset classes are not included in the table. Maybe this is what is now a Premier feature since they consider it to be more advisory? Not sure?
The new custom asset classes are available in Deluxe contrary to a statement in the R30.9 release notes that it was only available in Premier. The implementation is straight out of a 1970s programming model: There are 10 additional asset classes (predefined as Custom1 through Custom10) that you can edit. You can select one of the custom asset classes as a single asset class or customize your own mixed asset class.
I reported a bug (incomplete implementation) to Quicken. On the Investing/Allocations tab there is a "Rebalance Portfolio" button which brings up a window and a table that shows how actual asset allocation differs from target asset allocation. This could be useful for some rebalancing, but the new custom asset classes are not included in the table. Maybe this is what is now a Premier feature since they consider it to be more advisory? Not sure?
Re: Quicken 2019 and forward
Quicken updated the Mac version to 6.0 today with support for both Big Sur and also Apple Silicon. The Quicken press release: https://www.prnewswire.com/news-release ... 76083.html
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Re: Quicken 2019 and forward
I got the new version. I don't really see using any of the new features. Schedule future check payments??? I've always entered future check payments and this adds very little to that. I wish they would add some useful features. I would love to see all the autopays on my credit cards recorded in my check register for planning purposes. Now I have to enter them all manually (or wait until after the payment has cleared). I tried the auto bill retrieve for my electric bill. Never worked once. Same for gas bill.
Re: Quicken 2019 and forward
Have you tried using Bill Reminders? There is an option to pay off credit card balance. It may work for you, although having tried it myself it didn't work exactly the way I wanted it to so I stopped using it.michaeljc70 wrote: ↑Thu Nov 19, 2020 9:04 am I would love to see all the autopays on my credit cards recorded in my check register for planning purposes. Now I have to enter them all manually (or wait until after the payment has cleared).
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Re: Quicken 2019 and forward
From what I have read, it doesn't work right. It doesn't know the statement balance because it doesn't know the statement cutoff date. This varies slightly monthly (I think due to weekends or the cycle being 30 days). Unless I am missing something. The Quicken forums basically say you need to enter it manually if you want any kind of accuracy.stan1 wrote: ↑Thu Nov 19, 2020 9:24 amHave you tried using Bill Reminders? There is an option to pay off credit card balance. It may work for you, although having tried it myself it didn't work exactly the way I wanted it to so I stopped using it.michaeljc70 wrote: ↑Thu Nov 19, 2020 9:04 am I would love to see all the autopays on my credit cards recorded in my check register for planning purposes. Now I have to enter them all manually (or wait until after the payment has cleared).
Re: Quicken 2019 and forward
I agree, it did not work for me. Would work better if the credit card auto pay was for the entire balance not the statement balance. Probably not making money on cash float these days. Easier just to leave an extra $1,000 buffer in the checking account and not worry about auto pays draining the account.michaeljc70 wrote: ↑Thu Nov 19, 2020 9:31 amFrom what I have read, it doesn't work right. It doesn't know the statement balance because it doesn't know the statement cutoff date. This varies slightly monthly (I think due to weekends or the cycle being 30 days). Unless I am missing something. The Quicken forums basically say you need to enter it manually if you want any kind of accuracy.stan1 wrote: ↑Thu Nov 19, 2020 9:24 amHave you tried using Bill Reminders? There is an option to pay off credit card balance. It may work for you, although having tried it myself it didn't work exactly the way I wanted it to so I stopped using it.michaeljc70 wrote: ↑Thu Nov 19, 2020 9:04 am I would love to see all the autopays on my credit cards recorded in my check register for planning purposes. Now I have to enter them all manually (or wait until after the payment has cleared).
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Re: Quicken 2019 and forward
I don't know if anyone else has seen this, but Quicken has a new financial app called Simplifi. It is a subscription model ($4/mo) and it is geared toward iOS and Android although there is also a web version. I haven't used it, but it seems to be a gussied up (more graphic), simplified (less features) version of Quicken. It doesn't import Quicken data and I'm not sure how/if it handles investments. To me it looks more like a competitor to Mint or Personal Capital. But those are "free".
There is one short thread I found on it here: viewtopic.php?t=321333
There is one short thread I found on it here: viewtopic.php?t=321333
Re: Quicken 2019 and forward
My Quicken subscription renewal is due in a few weeks. My PC does not have a CD-ROM drive and I'm having a difficult time finding an online download price less than the Quicken price of $51.99.
It might be worth it to simply let my subscription auto-renew. FYI - Quicken takes PayPal as a payment method.
(Alternatives to Quicken are discussed here: Quicken Alternatives)
It might be worth it to simply let my subscription auto-renew. FYI - Quicken takes PayPal as a payment method.
(Alternatives to Quicken are discussed here: Quicken Alternatives)