89 Comments

Summary:

Via the Quicken Blog, Intuit has announced a February release for the oft-delayed Mac financial software. Intuit spokesperson Scott Gulbransen sought to “clear the air” regarding the rumored demise of Quicken for Mac. In recent days, Intuit had removed information about the formerly named Quicken Financial […]

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Via the Quicken Blog, Intuit has announced a February release for the oft-delayed Mac financial software.

Intuit spokesperson Scott Gulbransen sought to “clear the air” regarding the rumored demise of Quicken for Mac. In recent days, Intuit had removed information about the formerly named Quicken Financial Life for Mac from its web site. This action, shortly after Microsoft’s cancellation of Money, may have led some to believe Intuit was giving up on a client-based application for the Mac in lieu of its online service. According to Gulbransen, the truth is much simpler: Intuit screwed up.

Feedback from Mac customers led us to rethink our approach to developing Quicken for Mac. We went back to the drawing board and are making changes to everything from what the program does to how it looks.

After being shown at Macworld Expos two years running, QFLM was finally released as a beta earlier this year. Reception was cold. As Gulbransen notes, “We learned the product was not doing what we – nor customers – wanted it to do.” Accordingly, development was reset, with changes including a new register, better reconciliation model, and a “robust” migration function for current Quicken users, including Quicken for Windows. They also dumped that idiotic name.

Intuit will be taking pre-orders for Quicken for Mac starting in October. Considering the troubled development history of the product, waiting until release would seem like a good idea. After all, what’s another seven months after three years?

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  1. Dave Greenbaum Friday, July 10, 2009

    Really kinda sad that they don’t have an Intel based solution after all this time.

  2. Jeff Barlow Friday, July 10, 2009

    I’ve got ten years of financial history in Quicken and use it almost daily. It’s the last remaining one I still use that only operates under Rosetta.

  3. Why wait? Use Mint.com, it has changed how I manage my finances in so many ways that I have not looked back at Quicken in over 18 months…

    1. Mint is great for basic finances, just as Quicken Online is. But really, do you want all your financial data sitting on a cluster of servers you have no control over? Not me.

    2. I agree. Mint.com is AWESOME! I used to use Quicken, then switched over to iBank, and finally landed in Mint simply because it *just works*! All the other software would try to get me to jump through hoops to perform simple tasks that Mint just did automatically. iBank went so far as to try and blame the banks as why their software couldn’t do certain tasks.

      I understand some peoples hesitation to use a server based financial system, but I’ve been using it for over 2 years now with no problems. I just hope now that Quicken has bought them, that they don’t kill it just to push people over to their *new* version.

    3. Can it be used by Canadians? I looked at mint.com and it appears to be American based only.

    4. I like Mint also, but quits using it as it can’t pull in citizens bank info and that was my major bank. Hopefully now that Quicken owns it that will change. Citizens trusts Quicken but not Mint, when actually Mint is a far superior program

  4. mint.com is OK, but it has some problems. First of all, you can’t enter any data or pay any bills. You can only view information (unless they’ve changed in the last month). Also if you have two credit cards with the same company, you can’t enter them both.

    I’ve been playing on and off with Quicken Online and I like the fact that you can enter transactions, but as far as I know, you still can’t pay bills there. I’m also using Quicken Mac 2007. The import of transactions (syncing with bank) is clunky. It will be nice if this software streamlined the process of syncing data with financial institutions. I also think the reconciliation function of Quicken 2007 is clunky.

    I look forward to the new version, but I hope there’s some option to preview before purchase. I’m looking for resolution of specific problems and if they don’t fix those, I have no need for a new version.

    1. mint.com doubled some of my accounts and i can’t figure out how to get rid of this. The help is no help.

  5. Bradley Davidson Friday, July 10, 2009

    Mint.com has no provisions for manually managing accounts that might not have online access it supports. More than 50% of my invenstments I can not show on mint.com for this very reason. On top of that, they still have problems reliably connecting to the two largest military service banks.

  6. Jim Robinson Friday, July 10, 2009

    Quicken has awful customer service – I have sent them messages asking them whats going on with this product – its really a shame I need to look elsewhere for an explanation of the demise of this MAC product. I am hopeful they will be ready in October – I have been waiting for this product for 1.5 years. I have used Quicken on Windows for years and can’t wait to exit Windows. Quicken is the holdup. Thank-you for your helpful information!!!

    1. Like I tell folks, the only thing worse than Quicken for Mac is Intuit’s customer service. I thought the program was the worst part of the experience….That was until I tried to get some help with the program itself. SAD!

    2. Do any of the Mac user’s realize that the new version takes away vital functions that were in 2007 e.g. bill pay, investment tacker etc. It if obvious that they don’t want to support the Mac. I am looking else where.

  7. I used MS Money on Windows. I only switched to Quicken so I could sell my Windows machine. Hard decision. Wish there was a better solution. I don’t like Quicken, but I’m reluctant to trust my finances with some of the open source products on the market and I don’t know what else is out there.

  8. Charles Jade Friday, July 10, 2009

    I gave up on Quicken at Macworld Expo this year, switched to iBank, and imported nearly ten years of data without much trouble. Quicken’s “Smart Payees,” the automatic assignment of characteristics to transactions on download, didn’t transfer payee names, but that was a small thing. I’ve been happy with iBank, and I look forward to iBank Mobile for the iPhone, which will sync with the desktop, unlike Quicken’s mobile app.

  9. What to read on the GigaOM network Friday, July 10, 2009

    [...] Chrome OS, the wall of Windows apps, and Google’s stance toward Microsoft (OStatic) Mac Quicken set for 2010 release [...]

  10. The persistent refusal of Intuit to upgrade Mac Quicken to the same specs as Windows Quicken even though Intuit’s CEO is on Apple’s board, and their lackluster response (if any) to reported bugs, pissed me off so much I switched to MoneyWell.

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