Quicken 2005 Deluxe [Old Version]

Manufacturer:	Intuit
Release date:	30 July, 2004

Quicken 2005 Deluxe [Old Version]

Average rating: Stars

Quicken Licensing fees to Institutions limit ability to DL account information

I have been a loyal Quicken user for years but because of the .qif issue have decided not to go with 2005/2006. Quicken is a good product which has many beneficial features for money management, but when I investigated the .qif issue what I learned made me decide to abandon the program--not an inconsiderable inconvenience. My reasons are set forth below. If there are any errors of fact, I would be glad of correction from Intuit.

Quicken (Intuit) has decided to stop supporting .qif interchange. They have devised a new format. An institution which wishes to offer its customers the opportunity to transfer information to individual users' latest version Quicken programs must now use this format, and to do so the institutions must agree to pay licensing or other fees to Intuit. I do not know the details of the fee structure; they may vary depending upon the institution or particular circumstances. I do know that many institutions (such as I believe our credit union) have found these fees more than they feel they can justify; for some the costs have been reported as high as several dollars per transaction. Thus one can understand why Intuit might wish to disable the .qif format; if users could continue to import via .qif, users and financial institutions might be inclined to forgo any additional benefits of the newer transfer format in exchange for saving on licensing fees. One unfortunate additional consequence of this for the user is that the ability to export and import individual account data within the program (say from one user's quicken file to another) has been affected. There may be some workarounds I have not come up with yet, but they aren't quick and easy!

Information about all this is available on the Intuit website, and there are links to discussion groups where all views on the matter (including those of unhappy customers) are presented, although it is perhaps understandable that Intuit does not emphasize the possible inconvenience and/or expense which this change may entail.

Personally I am a traditionalist, and I deplore all such situations where my business relationship becomes itself a product which is owned and exploited by third parties. Intuit is correct that consumers are free not to buy their product. The alternative is of course Microsoft...and one is always free to procure ink, goosequills, and a ledger book a/la Bob Cratchit.

Quicken 2005 Deluxe [Old Version] - Intuit

5 months and no problems..

I upgraded five months ago from Quicken 2001 Basic to Quicken 2005 Deluxe and have had no problems. Everything converted fine and I gained a lot of functionality. I have no complaints at this point. I do hope however that Intuit takes to heart the flood of criticism from legions of loyal users. I hesitated upgrading due to their reviews. Their opinions do make a difference. I hope that Intuit will seriously address their concerns with next year's offering.

Intuit - Quicken 2005 Deluxe [Old Version]

no problems here

I have been using quicken for my years; like others I was forced to upgrade from 2002, which made me mad, and nervous reading all the negative reviews here. However I really like the appearance of the new quicken; I have been able to download transactions from my credit card, actually I could not get it to work on 2002, but it is almost flawless here (for some reason it did not pick up international transactions). I do bill pay through my online bank, so I have no experience with that. Otherwise all the data (8 years) was converted without a problem. (I did try Msft Money but found all sorts of problems converting data). So I say that probably there are more happy people out there with this product but they are just not leaving reviews. Good luck.