17 years helping Israeli businesses
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Quicken
What Is Quicken?
Quicken is a property management solution that helps manage tax planning, tenants rent payments, and rental properties. With Quicken, you can get help quickly if you need it with free phone and chat support from our dedicated team. Sync with the Quicken web & mobile apps to manage your money on the go.
Who Uses Quicken?
Primarily catering to businesses of all sizes, it is a property management solution that helps manage tax planning, tenants rent payments, and rental properties.
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Reviews of Quicken
Ideal for My Solorpreneur Marketing Consulting Business
Comments: I am very pleased with the ease of entering data into the system. It saves me the cost of having a bookkeeper. I am able to categorize expenses myself and take full advantage of knowing what i was buying for business and for personal life. I know it is saving my a lot on my taxes, as I have proof of my deductions versus just guessing. It used to take me days to prepare my docs for my CPA not it is in a matter of hours I have all the numbers she will need.
Pros:
The best feature I like is the way you can split items on a receipt into their own categories. For example, I go to Walgreens and buy cosmetics, copy paper, thank you notes, and business head shot photo prints. I enter Walgreens for the Payee, then I assign / split where the expenses will go in my categories. Cosmetic - Personal Care, Copy Paper, thank you notes - Business: Office Supplies, Photo prints - Business: Photography. I make my tax reporting a breeze for my Schedule C line items. I also love generating reports on income and expenses. Great for planning or estimating funds for seasonal work loads.
Cons:
It actually has more features than I want to use. For example - the investment section, I tried to use it - but to enter buy - sell information and dividends and details was way too time consuming for me. I just as soon get my reports from my brokerage firm.
Have used it for years, still liking it!
Comments: Good, easy tool to track your money, some technical issues with downloading.
Pros:
Quicken quickly and efficiently tracks all my spending, earning and investments, and I have been able to link most of my accounts so it does it automatically.
Cons:
Not all accounts can be linked, especially not international ones. And occasionally it has brought in duplicate transactions which are a nightmare to reconcile.
May Not Be Easy For A Typical User
Comments: I have used Quicken for over five years and I have like using it, however, I have recently been shopping around for other options that allow me to take my finances online. I have seen Quicken has an online option now and I will be considering that when making the switch.
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.
30-Year Quicken User
Comments: Intuit is so exploitive, that I would actually consider them to be immoral and I have tried many times to move to a different product, but they make it very difficult.
Pros:
Of the personal finance managers, Quicken is probably the best. Other packages at or below this cost lack a majority of their features and in order to get them, you would have to upgrade to a much more expensive package, so it is at a price sweet spot.
Cons:
I've been using Quicken since 1992 and consider myself quite familiar with the package. The Quicken business model is and always has been exploitive and has been adding and subtracting features for years in an attempt to always have a new product to sell. Their current subscription model is no different. However, they never improve the product. There are bugs still there that have been there since the 90's. They're reports and windows do not zoom. They do not use Windows conventions, for example keystrokes. When working properly, it provides a lot of value, but it is very easy to introduce errors into the data and impossible to fix them. Their customer support is an absolute joke. It's normally a 40-minute queue to talk to an idiot and they are so propaganda driven, that they delete any negative posts or reviews from their sites and their forum. They purposely obstruct you from transferring to their competitors. I myself have had to purchase 7 versions of the program since 2000 and that's BEFORE they moved to a subscription model. Every release introduces more bugs, but they make it impossible to freeze a particular version, constantly cutting off web access and they have Upgrade Nags constantly that you can't get rid of. And they are entirely shameless about it.
Alternatives Considered:
Quicken is great for small businesses
Comments: I have been using quicken for years and its been easy and user friendly.
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.
