Quicken Reviews

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

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

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

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

ability to easily integrate both personal and business into one solution

Cons

The time we spent setting up and establishing rules was somewhat laborious

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

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

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

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

Easy to use platform for keeping track of personal finance.

Cons

Takes a little bit to get your views the way you want them and the process of labeling charges into correct categories is a bit manual.

Alternatives Considered

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

It was a great product when I first started my business as it was simple and cost effective. It was a great way to level up from just using spreadsheets for a small business owner.

Cons

As my business grew, I needed a lot more control over tracking the details of billing, and for paying vendors and contractors. My accountant insisted that I move over to Quickbooks because I had a lot of moving pieces and I needed to keep everything running smoothly.

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

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

In theory the ability to manage and track all expenses within one product. Unfortunately, due to constant connectivity issues this is not how the software functions.

Cons

Constant issues with accounts being disconnected or not pulling current transactions from connected accounts.

Pros

I like that it keeps me on track with all of my accounting for my business. It’s an easy way to bill my customers and keep up with orders. I love the receipt feature.

Cons

I’m not very “techy” but Quicken was easy to install. I had to watch a. Few tutorials before I understood how to use it.

Pros

Has alot of features and functionalities

Cons

The barrier to learning was high for a small business

Pros

I have used Quicken for 20+ years for personal and business needs. After my 2006 Mac crashed, I bought a new 2022 MacBook Pro and installed the latest version of Quicken. I spent considerable time setting up accounts, bank imports and entering data for the year 2021, and for one reason or another did not enter any new data after tax day 2022. On opening the program today, I installed the most recent update, as one would usually do, after which, I discovered that all my newly entered financial data on this brand new laptop and newly installed program no longer existed. I praise the technical support team for at least attempting, but failing, to help me.The checkbook feature of Quicken for Mac 2007 that this awful program replaced was bullet proof and never failed me in the many years I had used it until the computer itself died. I do not trust that this couldn't happen again, so I am going to switch to a simpler checkbook accounting system that does not nickle and dime you with "membership" fees. Be warned that running their update could cost you.

Cons

That I lost precious data that technical support was unable to retrieve.

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

I liked that I could track both my personal and business expenses. I chose the version where I could create invoices for my business and even track my investment accounts.

Cons

I have used this software for many years and my data from previous versions didn't transfer over to some of the upgrades.

Pros

So there are more use friendly suites out there, but once you get a grasp of some basic accounting concepts then this software outperforms all the rest as it is very versatile for a variety of business entities and can be tweaked to suit your individual needs, unlike may of the competitors

Cons

It costs more than many others on the market, can be a but clunky in certain features