Quicken Review (2023): Features, Pricing & More (2024)

FAQs

Do I need to pay for Quicken every year? ›

Q: Do i have to buy this every year? A: Yes, all Quicken products are an annual subscription.

What is this? If you're looking for personal finance software that can help you track your spending, save money, and manage your investments, Quicken is a great option. Overall, Quicken is a great program for personal finance that can help you keep track of your budget, bills, and investments.

The four versions and their prices are: Quicken Starter for $41.88 per year. Quicken Deluxe for $59.88 per year. Quicken Premier for $83.88 per year.

A lot has changed with Quicken—for better or for worse—but there's no current plan to permanently close its services. While some versions and functionalities have been discontinued, Quicken is still releasing new features and tools.

The Quicken Data Access Guarantee means that whether you renew your subscription or not, you'll always have full access to and ownership of your data. You can view, edit, export, and manually enter transactions and accounts for Deluxe and higher versions, even after your subscription ends.

The premier plan is priced at $70.19 per year that simplifies tax calculations, provides premier customer support, and free online bill payments. An additional Home & Business plan can be purchased for windows systems for $93.95 per year that categorizes business and personal expenses. Does Quicken have an app?

After your Quicken Membership expires, you will no longer receive updates to the Quicken application. However, you may continue to use the version of Quicken you had at the time your Membership expired to open your data files and, for Quicken Deluxe and above, continue to use Quicken in a manual mode.

For most people, it is best to keep only a year to two years of data in the current file, so that Quicken can work with the data quickly and efficiently.

One can never have too many backups! But you don't need to separate your Quicken data file each year to safely back up your data.

What is the renewal fee for Quicken? ›

Quicken Starter: $41.88 per year. Quicken Deluxe: $44.88 for the first year, then $59.88 afterward.

Quicken Premier is our best value and most comprehensive solution if you are looking to manage your finances and maximize your investments. It offers you all the tracking and planning tools plus advanced features for maximizing your investments, paying your bills, and premium customer support.

Quicken is the best-selling personal finance software in the U.S. For over 35 years, more than 20 million customers have relied on Quicken to help them take control of their finances.

For Quicken Subscription, you can see your membership expiration date at any time in Quicken or online on Quicken.com.

You cannot go back to Quicken 2013 with the existing data file. If you want to go back to Quicken 2013 you will have to find a backup of that file before you converted to the subscription and load that one after of course uninstalling Quicken subscription and reinstalling Quicken 2013.

Choose File menu → Copy or Backup File. On the Backup or Copy File screen, under Advanced Options, select Create a year-end archive. Select Next. The Year-end-copy screen will appear.

If you decide to use the average cost method, Quicken calculates your cost by multiplying the number of shares sold by the average price paid for all shares prior to the date of the sell transaction. Shares sold are considered to come from the oldest shares first using Explicit FIFO.

The first time you view a prior year's budget in a new year, Quicken asks you if you want to extend it to the new year. Just click OK and Quicken creates a new budget for you automatically, copying all of your current budget categories and budget values to the new budget.

How do I transfer Quicken to a new computer? ›

However, you can also run the Quicken application when you don't have a connection (i.e. offline) you just won't be able to download data again (or update the application) until you are once again connected.

When you use Quicken Mobile or Quicken on the Web, the Quicken Cloud will store any changes you make to your transactions; be sure to sync your cloud data on Quicken Desktop (Windows or Mac) before making changes on the desktop software, otherwise, changes you've made on web or mobile may be overwritten in your desktop ...

You can keep as many as 99 backups, but that can take up a lot of space. Most people find that between 5 and 20 backups is sufficient. Select this option to have Quicken periodically remind you to make a backup copy of your file.

Dollar amount - A Quicken file cannot have an entry that is larger than 99,999,999.99. This includes number of positions (shares) as well as amount of dollars.

With Mint, you can track expenses, set bill reminders, create a budget, track investments, and set savings goals. You can even check your credit score for free. Quicken offers the same features but also offers a debt reduction planner, reporting, and other features to help you get your finances in order.

Money in Excel vs Quicken - Key Differences

On the one hand, Quicken duplicates the most common and secure methods of tracking accounts, deposits, and debits, and suggests budgeting from your data. Excel requires more setup but allows much more flexibility in your accounting.

Simplifi does not offer any business or rental property tracking abilities. With Quicken Home, Business & Rental Property, you can track your rental property income and expenses, create invoices for your business, and much more.

How many times can I install Quicken? ›

You can install Quicken on multiple computers, as per our End User License Agreement.

The accounts are excluded from reports and net worth totals until you unhide them. Quicken can display up to 50 data files in one folder.

Quicken doesn't require that you archive or close out your data file at the end of the year. In fact, not archiving your data at the end of the year lets you run comparison reports on income and expenses from previous years. However, if you want to start the new year with a new data file, use Create a new year file.

This charge is a verification of the credit card on file with your Quicken.com account. Quicken will perform a pre-authorization transaction to ensure the credit card on your account is up-to-date, so your subscription can be easily renewed. This typically happens within 15 days of your subscription renewal date.

Quicken 2018 is now available for Windows and Mac computers. The most notable new feature is the price: Quicken has become a subscription product with an annual fee.

Classic Menus has a much more comprehensive list of menu options than standard menus, and many users prefer to have Classic Menus. You can also choose to show or hide many navigation elements, such as the Account Bar, the Quicken toolbar, and the Dock Sidebar.

The anti-virus and/or firewall on your system could be blocking Quicken from running properly. They will need to be disabled or have the settings updated to include Quicken as a safe program. If you do not know how to update these settings, please contact your anti-virus/firewall provider.

If Quicken runs slowly when backing up or closing

If Quicken runs slowly when backing up your data file or when closing the program, you may need to make a copy of your data file without attachments. To do this: Choose File menu > Copy or Backup File. Select Create a copy or template and click Next.

Answers. No. First off it isn't possible to run two different versions of Quicken on the same machine. And second off you can't pick and choose what will be upgraded, it is the whole data file.

Intuit sold Quicken to H.I.G. Capital in 2016, and H.I.G. sold Quicken to Aquiline Capital Partners in 2021.

Do I need to renew my Quicken subscription every year? ›

At the end of the membership period, membership will automatically renew every year and you will be charged the then-current price (prices subject to change). You may cancel before renewal date. For full details, consult the Quicken Membership Agreement. You can manage your subscription at your My Account page.

You should delete an account only if it was added in error, or if you're sure you will never need the account data in Quicken again. Consider hiding the account (see help topic above) instead of deleting if it's a valid account that is closed or infrequently used.

Your Quicken membership is set to auto-renew when it expires, so you don't experience any disruption in your Quicken services. If you're signed up for auto-renew, you don't need to take any action; you will be notified of the auto-renewal, and your credit card on file will be charged on your expiration date.

Is Quicken available without a subscription? Sadly, no. Like so many other software packages and apps, Quicken is now only available as a subscription. As a result, you must pay for Quicken every year.

Beginning with Quicken 2018, Quicken became a subscription service. Annual memberships can be purchased directly from Quicken.com.

The ending balance is the balance of all transactions entered in the account register, including future-dated transactions such as postdated checks and online payments that have been sent but not yet processed. The current balance is the balance of all transactions entered as of today.

You can access Quicken on the Web directly through app.quicken.com/login or go to Quicken.com > Sign In > Quicken on the Web.

QuickBooks and Quicken are two of the most widely used financial management tools in the world. Both programs were part of Intuit (INTU), but Quicken was sold to H.I.G. Capital in 2016.

Upgrading Your Plan

You can upgrade from any Quicken plan to any other except for Simplifi by Quicken, which is a standalone product.