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Will Mac OS X Lion Kill Quicken 2007?

Written by Nickel - 191 Comments

Will Mac OS X Lion Kill Quicken 2007?

It’s no secret that I love Quicken. While it’s not perfect, it’s what I’ve come to depend on since I first started tracking our finances in January 1997. As such, I’ve accumulated a treasure trove of personal financial data, and I can’t stand the thought of losing it.

It’s also no secret that I’m a diehard Mac user, which means that I’ve been stuck with Quicken 2007 for quite some time. While the Windows side has seen upgrade after upgrade, Intuit has essentially abandoned development of its Mac counterpart. This hasn’t really bothered me, though, as Quicken 2007 already does everything that I need it to do.

Unfortunately, it appears that the next major Mac OS X system update (10.7; dubbed “Lion”) will relegate Quicken 2007 to the junk heap. The reason for this is that Apple is reportedly scrapping the Rosetta environment, which is necessary to run software that hasn’t been updated to support the Intel chip architecture.

I really can’t say that I blame Apple for making this move. After all, they began transitioning over to Intel chips way back at the beginning of 2006, which means that software developers have had five years to update their software to run on the new hardware. Unfortunately, Intuit hasn’t bothered to do this.

And yes, I realize that Intuit released Quicken Essentials for Mac about a year ago, but that is an entirely different program that is just a shadow of the full-blown Quicken. Gone are many many of the “advanced” features that I depend on, like any sort of detailed investment tracking. It’s now little more than a check register and budget tracker – and pretty much everyone hates it.

Don’t believe me? Check out the reviews at Amazon, where it’s averaging somewhere around 1.5 stars. Perhaps Intuit plans to restore feature parity between “Quicken Essentials” and real Quicken at some point in the future, but it’s looking more and more like Mac Quicken users will have to choose between upgrading their system software and continuing to use Quicken.

And before you suggest it… Yes, I also realize that I could buy the Windows version and run it on my Mac via Parallels, VMware Fusion, or the like. That being said, I’m not interested in continuing working around Intuit’s lack of Mac support. Instead, I’ll hunt down a suitable replacement and migrate my data elsewhere.

Published on March 3rd, 2011
Modified on March 5th, 2011 - 191 Comments
Filed under: Miscellany

About the author: is the founder and editor-in-chief of this site. He's a thirty-something family man who has been writing about personal finance since 2005, and guess what? He's on Twitter!

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191 Responses to “Will Mac OS X Lion Kill Quicken 2007?”

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  1. 1
    psychonomics Says:

    Good luck trying to find a quicken replacement. The closest I found was moneydance. Quicken downloads transactions for me without too much trouble. Money dance wouldn’t work unless I called my bank (BOA) and activated “Quicken services” for a monthly fee.

  2. 2
    Arvin Says:

    Luckily unless you just gotta have the latest from Apple, you’re under no obligation to upgrade to OSX Lion; Hell, I stayed off Snow Leopard for a year while they ironed out kinks with Adobe Software. Snow Leopard continues to be a capable OS even now, so you can wait if you want.

    Meanwhile, it would be in Intuit’s best interest to release a new, full featured version of Quicken again soon; I’d assume they decided to do the watered down version for more casual users, since 2007 was still available for people who wanted it. Now that they’re bound to lose a chunk of 2007 users who upgrade to Lion, they might go ahead and develop a proper 2007 sequel.

  3. 3
    Him Says:

    Or you can do what I do and use CrossOver for Mac by Codeweavers. It allows you to run Windows programs without a virtual machine. I run Quicken 2010 on Snow Leopard. The graphics don’t convert very well, but it is completely usable.

    Compared with all of the alternatives, I’d go through the trouble of using Quicken for Windows on a Mac.

  4. 4
    Investor Junkie Says:

    Run Windows Quicken in VMWare Fusion instead. This is what I do. Windows Quicken has always been the better version. Intuit has always treated the Mac version as the evil stepsister.

  5. 5
    Rehan Says:

    I will put in my usual plug for buxfer.com. It has the following features which are not available together anywhere else.

    - updating of accounts without the website storing your username/password (they use google gears)
    - projection of upcoming account values using a calendar that you fill with your regular and other bills (including budgets)

    Unfortunately, it looks like it could be shutdown any day.

  6. 6
    Jared Says:

    Nickel, I’m an Apple Employee, just contact me for a discount and get a new Mac with Lion on it and keep yours on Snow Leopard. :-)

  7. 7
    Jerry Says:

    I spent the past year and a half looking for a viable option for a replacement of Quicken 2007. To give a little more detail about my scenario, I have over 20 personal accounts that I was managing in Quicken 2007 so it had to be the right option for me to port over my data to a new software. Tried softwares such as Moneywell and iBank which are both great if I was starting from scratch, but neither fit the bill. Also tried the Quicken with Parallels option which is a great option for many, but again, this didn’t work for me….my mac works great with just running osx and I didn’t want to install Parallels just to run one extra software…..I know you can do a lot more with Parallels, but again, it just wasn’t a good fit for me. I discovered Mint.com and Pageonce and these have been great to use, but I primarily use it on my iPhone to get a quick daily glimpse of my finances. Both send handy reminder or notification emails to me regarding all of my transactions based on the parameters that are set in my accounts. I still use both everyday and am very happy with it.
    Unfortunately, I was still left with the problem of having to stick to Quicken 2007. I know that I will always be using some type of software to track my finances 5, 10, 30 years from now and Quicken 2007 would eventually become obsolete so either figure it out now or be forced to later. I happened upon SEE Finance about 8 months ago via googling “Quicken 2007 alternatives”. There wasn’t alot on it, but the few comments that I found were positive so I gave it a shot. My first run with the software was very brief….it felt much better than any of the previous options, but again, it didn’t feel right so I went back to Quicken. About two months ago, i decided to give it another shot. There’s definitely a learning curve and it takes a little of getting used to, but I am very happy with the software and have ported all of my accounts to SEE. I am not familiar with the company…probably a startup. The software is free, but requires the license to skip the prompt that last 4 seconds everytime that it’s launched….good news is it’s $30 for the license. The customer support is great and they have responded to all of my questions and feature requests with 24 hours.(i have sent over 20 emails) SEE is still in beta, but according to the company, they plan on launching the official first version later this year. After that, they plan on focusing on the iPhone app which I am really looking forward to.
    I apologize for the long comment. Your situation sounds very familiar to me so I wanted to share. Although it’s only been a few months, I have moved on from Quicken and am very happy with using SEE. Also wanted to say that I am in no way affiliated with SEE Finance. Just hoping that someone in the same situation with Quicken 2007 will find this useful. Have a great day and keep up the good work.

  8. 8
    Garrett Says:

    Like Jerry, I have been looking for an alternative for a while too. I have been trying out Gnucash 2.4 and while it also has a steep learning curve, it has already helped me find transactions with mistakes because it uses a more rigorous accounting than Quicken. While not as friendly and Mac-like as things like iBank, since there are Mac, Windows and Linux versions, I at least know I’ll always be able to access my data.

  9. 9
    BG Says:

    Ugh, GnuCash. I love opensource, but the Linux/Mac world is way behind the curve when it comes to personal finance software.

    I think it is the butt-ugly GUI that turns me off to GnuCash — 1999 called and they want their GUI back.


  10. 10
    Sarah Seaton Says:

    can you pay thru SEE finance? couldn’t tell with a quick look at it.

  11. 11
    Ted K. Says:

    I’ve been using Quicken for Mac 2007 and still like it. Like most others, however, I probably won’t stick with Intuit products, since Intuit has essentially abandoned the Mac platform. I tried Quicken Essentials for Mac, but promptly sent it back. Not only is the interface bad, it’s incredibly slow as compared to entering data on Q 2007. And I have a MacBook Pro 2.4 GHz with 4 MB of RAM.

    I’m trying iBank 4, and so far I like it a lot. I was able to import data from Q 2007 quite well, only some cleanup required (although I decided to start with 2011 and leave prior years’ data in Q 2007; I can still access it if I need historical data). And unlike Q 2007, you get good free support with iBank.

  12. 12
    John Jones Says:

    I too thought iBank would work as a replacement for Quicken but discovered that most all of my financial institutions don’t acknowledge the interface with iBank and consequently it is impossible to download, pay bills or update my data. I haven’t found an adequate solution and before reading this was all prepared to get Quicken 2007. Woe is me!

  13. 13
    Matt Says:

    I have been using Quicken for Mac for at least 10 years – and initially gave up on Quicken Essentials almost immediately but have since decided to give it a more comprehensive try – and so far it is working well with over 30 accounts including cecking, saving, credit cards, liabilities etc – and although it took some getting used to and cannot connect to all my various financial institutions direclty – but that is at leaast in part because some of them do not yet support the latest format – which is hardly Intuit’s fault. I did look at iBank briefly – which an interface which is similar to Quick Essentials. Not sure if Essentials has all the reporting and graphing functions etc that 2007 has but it is working for me and one less problem to solve when 10.7 hits.

  14. 14
    John Jones Says:

    I’ve pursued SEE Financial with my primary financial institution. According to the SEE website, my financial institution will work. But when checking with my financial institution I learned that they only work with Quicken (who seems to have a monopoly).

    I’ve complained to my FI but unless enough people complain it is unlikely anything will happen. Doing things differently will cost them money and profit is a powerful filter on progress.

  15. 15
    Snowmom Says:

    Happily used Quicken 2005 for many years on both my G4 tower (PPC, Tiger, 10 yrs old) and G4 ibook (PPC, Tiger, 6 yrs old). Finally bought a new Macbook Pro, alas Q2005 will not run on it. Was considering the Quicken Essentials – Until Now.

    thanks for the comments and suggestions. I will start looking for a new financial product that is more highly recommended.

  16. 16
    Investor Junkie Says:

    IMHO I think everyone here is wasting too much time looking for alternatives to Quicken or getting the Mac version to work.

    Just run Quicken for Windows under a VMWare Fusion instance and be done with it and move on to more productive things.

  17. 17
    John Jones Says:

    As of yesterday, based on comments published here, I took the leap into foreign waters and downloaded/installed Crossover (see website: http://www.codeweavers.com/products/). This allowed me to use Quicken 2011 on my new MAC. After a short learning curve it seems to be working just fine. Perhaps sometime in the future Intuit will join the present day and design a substantial MAC based version of Quicken (Quicken Essentials is a child’s toy). But until then this seems to do the job.

  18. 18
    Willyjp Says:

    I am in a little different situation in that I, too, have a very long use experience with Quicken, many active and archived accounts and a huge file of accumulated data (currently 68MB!), but it is in Windows Quicken versions. And I depend on investment tracking & reporting and tax planning a lot. I’m using 2011 now and the data is all now in one file which is .QDF format.

    I am now in the process of switching to MACs, starting with a new MACBookPro. I took a close look at iBank, but apparently it can’t import the .QDF file (without first parsing it with some other software) and doesn’t do tax planning, which I rely on every quarter for estimates. So I was planning on trying Parallels and moving Quicken from and old PC to the new MAC. But I am intrigued by what I’m reading about Crossover. Can anyone expand on the pros & cons of running Quicken (or other Windows programs) with crossover as compared to Parellels? Any insight greatly appreciated.

  19. 19
    Bruno Says:

    what kills me is that no other program seems to offer direct billpay and it is critical to my finances. I refuse to use my bank website for tracking bills because quicken offers a centralize database from which i can transfer or cut checks to people or vendors.
    if you know of direct billpay from other software vendors, let me know. I won’t be able to upgrade to lion because of this and it will the first time for me NOT to do so since 1994.

  20. 20
    Ellen Says:

    I’m in a real mess. I recently got an Imac after years on Dells- I’ve used Quicken for 20 years and thought that I could get the same thing for the Mac. Guess not. I got the essentials thinking that would be enough, but it’s not _ we run a B&B so I have money going in and I pay bills, but through the bank – what I really need is the category feature- to break down expenses. Yesterday I bought Quickbooks thinking that be the one, but really a lot more than I need. I want a register, like a checkbook , categories, and reports. What program should I get? I’m trying to get away from windows.
    THanks a lot

  21. 21
    NLP Says:

    FYI, I do a lot of bookkeeping for my clients, and I do everything on a Mac. For my clients, I have all of their files on Quicken. The reporting features are vital, and I haven’t found them replicated anywhere to my satisfaction. (Wasn’t crazy about the UI of iBank, but that came the closest in terms of functionality.) For myself (my personal finances), I use YNAB, and I couldn’t be happier. If they would incorporate more versatile reporting functions that could be exported or printed for my clients, I would switch them all over in a heartbeat. And it syncs with my iPhone & iPad, which makes me extra happy.

    For the B&B question above, QuickBooks is great for business bookkeeping. Give it another go, and allow some patience with yourself for learning the features. If you do, you might find that it ultimately makes your life easier.

    For the impending upgrade to Lion, it has a lot of rumored features that I would love to get. So if Intuit doesn’t get on the ball and offer an update to Quicken 2007 (Essentials was a total joke), then I guess I’ll suck it up about the UI and move all my clients to iBank.

  22. 22
    Willyjp Says:

    Question for NLP:
    You say you’ll switch your clients from Quicken to iBank. Can you give any insight on the actual data conversion? My understanding, admittedly not based on any hands on time, was that iBank cannot import directly the newer Quicken format that has everything in one file (.QDF), but rather requires data parsing via a 3rd party software. Having lived thru a business bookkeeping nightmare once that required that kind of conversion, I am very leery of that, if true.

  23. 23
    John Jones Says:

    Don’t give up on Quicken, but forget about Quicken for MAC. I run Quicken for Windows with either Crossover or Parallels. Both allow you to stay with and enjoy all of the features offered by Quicken for Windows but using a MAC.

  24. 24
    NLP Says:

    @Willyjp – That’s a maybe for me — just one option depending on several other factors. Definitely not a decision that is hard & fast in my mind. There will be lots of further research into all the options if this decision needs to be made on my end.

    I seem to recall being able to import some of the data from my personal Quicken file into iBank when I was trying it out, but it entailed a lot of cleanup. (Admittedly, this was a few months ago, and I tried several programs, so I’m not 100% sure this is specifically for iBank.) I would likely start new iBank files for my clients. Accessing historical data would likely be an issue that I find other workarounds for. Not an ideal world situation. But that’s a bridge I will cross when the time comes.

    As I said, if I could get better reports for clients out of YNAB, that would definitely be my #1 choice.

    But if any major changes happen on my end, to avoid data incompatibility, I will likely forego any sort of data import and just make whatever changes (in terms of software/OS upgrades) effective Jan 1, 2012.

  25. 25
    Jeff Says:

    I use Quicken Deluxe 2002 for the Mac on my 24″ iMac running OS 10.6.7. I have no problems at all.

    But here is the question: As Lion looms and I consider switching to some other program, am I better off getting Quicken 2007 (which Quicken tells me will import my 2002 files with no issues) in order to have a more “portable” output format for potential future switching? Or should I save the $69 that Quicken wants for the download and use 2002 as long as I can and count on being able to import 2002 format into whatever comes next?


  26. 26
    George from Tulsa Says:

    I have spent the best part of two weeks trying to find a replacement for Quicken 2007. This is important, now, because I work for a large “small business” that uses Quicken, and the fiscal year starts June 1.

    At this point, I’ve found no substitutes.

    iBank4 works fine for my relatively simple personal finances. Which is as it should be, as iBank4 is a “personal finance program.”

    Where all the rest goes wrong is in the ability to import and export, and the kind and variety of reports they generate. Oh, and some don’t write checks. OH, and there’s DATA ENTRY which sucks across the board.

    Years ago Quicken stopped supporting the QIF function in Q for Win. The reason: QIF was “open,” and banks could enable account downloads to Quicken without paying Intuit. Thus the “invention” of QFX.

    We use QIF import/export to enable two users in two locations to keep one unified Quicken file. We also have a payroll program that exports to QIF and thus into Quicken.

    Quicken 2007 for Mac was the last iteration of Quicken that made the QIF roundtrip possible. Thus running Quicken-Windows in Parallels won’t cut it. And while I’ve not opened Quicken 2011 WIN, a review on Amazon reported flashing ads that can’t be turned off. The last version of Quicken for Windows I bought had flashing ads. I managed to block Quicken’s connection to the internet, which cut the variety of ads, but left ones for Intuit built into the program itself. BLEEEECH.

    As to reports, there’s few in the other programs that do run on Mac. By exporting the reports that are there (and transaction data) to Excel, it is possible to work around, but a lot more effort than crafting a report in Quicken and memorizing it.

    Now on to data entry. Most of the “Mac-Centric” personal finance programs are prettier than Quicken. And the ones I’ve tried are more or less fine, until it is time to “split” a transaction. The lovely simple split window in Quicken just doesn’t exist in these other programs. Very frustrating, in iBank, which comes the closest, it is extremely easy to delete a split into which I’ve put a lot of work. And the split windows in all those programs tend to be at the bottom of the screen, displaying like one row at a time. It is all but unusable, though it works fine if you’re recording your personal electric bill and don’t have to break the transaction among “tenant” accounts for a large building.

    Then there’s check printing. Quicken Essentials notoriously launched without check printing. Great, if all your money is electronic. Not so great if you have to print checks, and we still do at work. See Finance looks good on the web site, no check printing.

    Tried GnuCash. Didn’t like it because while splitting transactions is, on the surface, more possible and reliable than the Mac-Centric programs, it felt like a kludge, perhaps because in the rush to get ahead of my June 1 New Year, I haven’t given it enough time. GnuCash does have it all, if you can live with it.

    Installed kMyMoney in Ubuntu. In theory it prints checks, but it isn’t a menu option, checks print as HTML overlays, and nowhere could I Google up a way to actually do it.

    Launched a trial of QuickBooks Online. What has been costing no more than $100 a year for the payroll program updates would cost closer to $800, and once QuickBooks Online has your data, it is their data (not for security, tho there is THAT worry, too, but in the sense there’s no way to export it back to yourself except, perhaps, to Quickbooks desktop. And there’s no import. Canceling that before it charges my card.

    What’s left? Not upgrading to Lion is ever more attractive.

    I’m currently (desperatly!) considering the MoneyWorks software from Cognito in New Zealand. These look to be powerful programs, although the entry version offered on the Mac App Store (CashBook) does not include check writing. There are trial downloads on the developer site: http://cognito.co.nz/products/?range

    An ending comment. This thread is surely the most useful and helpful summary of Quicken 2007 End of Life issues I’ve found on the ‘net. What a treat!

  27. 27
    willyjp Says:

    (see my previous posts{#18 & ff} re my dependence on Quicken)

    I now have to agree with posts # 15 & 23 to the effect that:

    Those of us who can’t leave Quicken for Windows behind (and I agree, there IS NO SUBSTITUTE out there in the Mac world) are wasting our time continuing to look.

    I have gone ahead and installed Quicken in a Parallels Desktop 6 virtual machine and I cannot say enough good things about how smooth and easy the install was and how superbly well it runs and integrates with my new Mac. Don’t want to “run it in a window?” You can choose a mode that runs it right off your dock just like a Mac app and you’ll rarely notice the difference. In fact, my new Mac PowerBook Pro runs Quicken in Parallels a lot faster and snappier than my old Pentium 4 laptop did!

    Admittedly, I have a lot of horsepower & resources available in this new machine, but running this emulation and handling my 70+ MB .QDF file doesn’t phase the Power Book one bit. On my old XP machine, using the Tax Planner used to cause frequent delays when amounts were updated and the occasional crash. Now, Tax Planner screens (which are running off data in your whole Quicken database) update with a snap when I hit a key. I am very satisfied.

    The last poster mentioned “prettier” with regard to the Mac finance programs. Well, Parallels desktop virtual machine allows you to run your Windows programs (including the XP windows such as Desktop and Explorer) in “Mac Look.” If you didn’t recognize the basic picture as the same one you had back in “real windows” on a “real machine”, you would swear that your just running another Mac app!

    So, my advice to all those who’ve posted here to share anxieties about Quicken and there new Macs is, “Relax, Parallels Desktop 6 is the solution.” I would have a few words of advice about the install, but that would be a little off-topic here, so I’ll just say that anyone can feel free to correspond with me if you’d like to discuss it. The main points I recommend are: 1) download and read the Parallels Desktop .pdf manuals from their website before you do the install (or they’re on the CD) and 2) don’t count on just “transferring over” your entire windows machine to a Parallels virtual machine if your OS is an OEM copy of Windows (even though I have the activation code, it wouldn’t activate on my new vm; Microsoft says it’s because the OS on my original machine was only licensed to the oem for THAT machine. But a new install with a fresh copy of WinXP Pro SP3 went like a dream. I was able to buy that online for only $98, apparently because Microsoft doesn’t sell it anymore and resellers are liquidating copies. It’s fully authorized and passed Microsoft’s online verification screening, and Microsoft is still supporting XP SP3, so all the update downloads were fully available.

  28. 28
    George from Tulsa Says:

    I have surrendered.

    UPS dropped off Quicken 2010 from Amazon today. Multiple copies.

    In a couple of hours I’ve set up the Quicken for Windows Accounts in Parallels 6 running Win 7 32 bit. Since I left Windows Quicken at Q98, the Mac 2007 version is actually closer to my Windows Quicken experience, so there’s been some changes, and not for the best.

    Still, Quicken 2010 is doing exactly what I need, thus far. I’ve set up the business accounts, created the opening balances, and started summarizing data from my Quicken 2007 for the current fiscal year.

    The next step will be to see if I can successfully run Q Win 2010 on a Wine install on OS X. I do so hate paying money to Microsoft. I shall report my success, or lack thereof.

    [Running Parallels 6, Win 7 32 bit, on mid-2010 Mini with 8 Gig RAM and a 240 GB OWC SDD. It is pretty zingy. I had previously installed Win 64, but went back to 32 bit thinking I might get Q 98 to run. False hope, that.]


  29. 29
    George from Tulsa Says:

    I installed Q-Win-2010 in three different versions of Wine. PlayOnMac, WineBottler, CrossOver.

    The results in all three were about the same. The program installed. The program ran. I didn’t test it hard in any of the three because in all the “display” was unacceptable except for, perhaps, occasional use. So if you must have Quicken Win, and you WON’T have Win, check out Wine.

    But be aware that Wine does not “sandbox” any Windows programs. They’re running pretty much unrestricted on your precious Mac, with all the danger that implies. Crossover kept trying to install Windows .net Framework and IE 6, though I don’t know if it really did that.

    But be prepared for eyestrain if you use it much. By contrast, Parallels running Windows is quite acceptable. As I and my co-worker sit in front of Quicken hours a week, I’ve ordered more copies of (ugh) Win 7 and Parallels.

  30. 30
    George from Tulsa Says:

    I meant to add this at the end of the preceding post.

    You would think a Wine Install emulating Windows on a Mac or Linux machine would be a virtual machine, sort of the often described “sandbox” protecting your precious Mac from Windows problems.

    I did. I was wrong. While setting up the Wine programs to run WinQkn I read the sandbox is not true, Wine is not a Virtual Machine. Wine is converting the Windows App to a native app, with all the Windows danger that implies for your Mac or Linux box.

    Parllels, Virtual Box, VM, are actually virtual machines, and supposedly the worst that can happen if they get Windows infected is you will have to delete the virtual machine with no damage to the host. No guarantee, just an advantage over Wine installs.

  31. 31
    John Jones Says:

    I agree with those who have settled in with a Windows 7 and Parallels solution. After trying many other ways (Crossover, etc.)I finally bit the bullet, spent the money and got Win 7/Parallels. It was worth the money. Save your time, anguish and money by trying out these other unacceptable solutions. They either don’t work or are poor/inadequate.

  32. 32
    Willyjp Says:

    At the risk of being repetitive, if you want to run Quicken in Parallels, you don’t have to run Win7. For the purposes of Quicken, WinXP Pro SP3, especially as augmented by the protection and backup software included with Parallels, will be entirely as good, fast and secure as Win7 and brand new copies are out there under $100. Lots of businesses still use it because of its compatibility with Server, Outlook, etc. so it likely will still be supported for a long time (which means the hated updates, but that you’ll have to live with with any Windows). XP Pro is less resource demanding, is nice and compact and a quick install. And I don’t believe Quicken is optimized for 64 bit anyway, so why spend the extra money. Drivers and hardware compatibility are also likely to be better.

  33. 33
    George from Tulsa Says:

    Yes, to XP.

    But I don’t own any XP full installs, and unless one buys on eBay, and those might not be “legal” licenses, there don’t seem to be any extra new copies on offer.

  34. 34
    Willyjp Says:

    After browsing online, I was able to buy a brand new, fully authorized (with validation code) copy of Windows XP Pro w. SP3 (labelled “oem original copy”) from a reseller for $98. It validated online with Microsoft w/o problem and when I set up Windows Update, it got subjected to Microsoft’s “software validation process” (“to make sure your not using pirated software” as it explains) and passed with no problem. A friend of mine who builds gaming machines from components said he buys similar copies…they’re published for computer builders…and the price is way down because Microsoft is no longer selling it and the big builders are liquidating copies they’ve never used in the resale market. In any case, not a bad price for a fully licensed copy and it runs Quicken under Parallels like greased lightening on my PowerBook with much less overhead junk than Win7.

  35. 35
    Willyjp Says:

    FWIW, FYI, I will add for clarification, that “oem” copies do not include support from Microsoft, as the builder is supposed to provide that support. And it may well be that once I’ve installed this on one machine (my vm) it can’t be validated on another, just as my “ported over” XP machine to my first vm (see my previous notes on my experience) was not able to be validated on my Mac, even though I had a code for it on my original PC. But my new XP Pro copy runs Windows update just fine and has acquired all the latest fine tuning from Microsoft. If the lack of “support” from Microsoft bothers you you can buy a “Full, Retail” copy for $40-$50 more. But, I have read that Microsoft will cease all support for XP in March, 2014, but who knows?…..by then there may be a fully functional Quicken for the Mac?

  36. 36
    George from Tulsa Says:

    Hey, I’m not “arguing” here but attempting to move a discussion forward.

    1 I have no problem with Win XP, if it gets the job done. But my brief look-see into buying any form of Windows OEM (which is the version you describe) ran into the problem of Microsoft Activation. My UNDERSTANDING and I put it that way because I don’t claim to KNOW, is that M’soft Activation limits OEM installs to one and only one computer. I don’t have a link, but I vaguely recall reading of activation problems with Virtual installs and OEM Windows.

    2. $98 bucks for XP OEM is less than I paid for Win 7 full installs at Amazon: $180.

    3. But if you want to run OEM Windows, Amazon has Win 7 32 or 64 bit for just $99.99.

    4. There’s reasons to prefer XP. You can probably run more varieties of software on XP than Win 7. XP may take less disk space. XP may actually run faster.

    5. But there’s reasons to prefer Win 7. It is getting Microsoft’s full upgrade attention (well, maybe that is a mixed blessing). It is arguably more secure. I do know Lion is going to be completely 64 bit, and I don’t know how that might affect Parallels running Windows. Would a 64 bit version be required?

  37. 37
    Willyjp Says:

    George: I agree with your ponts 100%:
    1. oem copies don’t get the general support from Msft because the builder’s supposed to supply it; but they do get full access to updates (which you do need); I too have read about the activation problems, and above I posted how my “ported over” oem XP from my old Toshiba laptop installed and booted just fine in my first vm attempt but wouldn’t activate either online or with phone help; the phone activation people referred me to activation tech support (free) and they told me “only one machine, etc”.
    But in this case, I only want to run Quicken and a couple of other minor, old Windows programs on my new Mac, so IF this new oem copy won’t do another that’s ok with me.
    2 & 3. Yes, I got the XP Pro SP3 delivered for $98 and I could have gotten basic Win7 oem for just a little more, but…
    4. I didn’t WANT Win7, since I’m making the switch to Mac as totally as I can and my only need was for these couple of “legacy” programs that I can’t yet duplicate or replace on Mac and I didn’t want to deal with any problems that the differences might create. What I wanted to run, and the peripherals (printer, etc.) I want to use I KNOW will run just fine with XP.
    5. XP is much more compact and less potentially troublesome as far as drivers, space and memory requirements. During a “Genius Bar” appt. @ my Apple Store for other issues with setting up my new computer, the tech saw my copy and expressed that was an “excellent” choice for my intended use, based on his exp. in helping people set up Parallels on they’re new Macs. I’ve only tried it once (twice if you count my failed “transfer”) but I’d have to agree it went fast an runs slick and trouble free. But I have ZERO hands on time with Win7….not wanting to go there is one of many reasons I made the effort to switch all my computing needs to Mac. Just one opinion but I hope it helps.

  38. 38
    George from Tulsa Says:

    I had left Windows behind six years ago.

    Now I’m installing Win 7 on three Macs so we can continue to use Quicken.

    Oh, we could continue to run Snow Leopard and Qkn 2007 for Mac. But “improvements” in operating systems matter, especially when the improvements relate to security.

    Win 7 is reported to be more secure than XP, and I had five XP machines invaded by malware, which is what drove me to Macs years ago.

    Nothing’s perfect, but Win 7 seems a big improvement over XP SP2 I left behind. Just seems a crying shame to have to buy Parallels, Win 7 (Home Premium), and Quicken for Windows, all to keep using Quicken, a program I’ve purchased more times than I like to contemplate.

  39. 39
    Gilles Says:

    Well, I am trying to prepare for Lion, and I am a Quicken user (up to 2007 version) since 1992

    Not too happy with Quicken and the low level of Quicken Essentials
    Not too happy with Apple either, as they should keep on with Rosetta, at least as an option

    so to prepare, I created a new partition, on my Mac where I’ll keep running 10.6.x, and that’s only to run Quicken

    I am also trying Quicken Essentials, it is OK, but lacks the investment options that are in Quicken 2007 (will they bring it back one day ??? Intuit is very silent about this)

    For Investment I use Investoscope, which seems proper, and somehow, reminds me of Quicken 2007 Investment part

    We”ll see !!!
    Hopefully someone will come up with a Rosetta like software for Lion, so I can still run Quicken 2007 directly (which is NOT by the way the best piece of software around, but once used to it… it does the trick)

  40. 40
    Mike Says:

    A bit late to the party here, but I’ve been running Quicken 2010 in Parallels on Win 7 64-bit and it has been a very seamless experience (and also ran older Quicken versions on virtual XP previously). There have been a lot of comments regarding Win 7 having > overhead than XP, but I’ve found the exact opposite on both my virtual and “real” Win machines. Win 7 loads faster, is infinitely more stable, and has far better built-in driver support, (and as some have mentioned here – allegedly security). I’ve used purchased OEM versions (NewEgg) and had no issues with clean installs (I can see where migrations from actual Win machines might run afoul of the MS activation). Not to argue with a “Genius”, but based upon my experience, Win 7 on Parallels with Quicken 2010 & Snow Leopard all play very nicely.

  41. 41
    RKW Says:

    This was probably mentioned, but I didn’t see it. Alternative idea (which is what I am gonna do) Do a clone on an external HD (large enough for Snow Leopard, and Quicken 2006/2007 with files) and just boot in this environment until Quicken gets their act together…..or not. No need to convert your files to the Windows version (which can be problematic, not perfect), no need to switch software (unless Quicken totally drops the ball), problem solved, temporarily. And, when things are sorted out…..more storage for music, movies, and things your parents and kids shouldn’t see, on the spare external HD. I will just be partitioning an existing existing HD I have, and will be storing the package there. All the above won’t fly of course, if OS 10.6xx wont run on the latest new hardware that will be coming out.

  42. 42
    Carol Says:

    This is really upsetting to me; I’ve got Quicken 2007 and I really need to have a program that uses split transactions, categories AND classes, and has good reporting features. I’ve looked at Moneydance, iBank, etc., and none of those seem to be robust enough. I really don’t feel like shelling out 100s of dollars to buy Parallels, Windows 7 and Quicken Windows just to run one program. I may try the clone idea, or just drag out an upgrade to Lion and hope that Intuit gets their act together (doubtful). Why aren’t there more or better personal finance programs out there?

  43. 43
    rob Says:

    so i went thru the quicken 2007->quicken for windows thing about 1.5 years ago, when i was not sure if quicken 2007 would run right under rosetta.

    maybe i did the export of the data wrong, but i found that all of my transfers were detached from one another in the windows copy of my quicken database after the import. meaning, every transfer was now two separate transactions, one in each ledger, with no connection between the two.

    i have data all the way back to 1997 so if Lion forces a move to quicken under wine or vmware, i need to make sure the data makes it across correctly.

    anyone else have this problem? if so, how did you solve it?

  44. 44
    George from Tulsa Says:

    Rob -

    The first trick to exporting from QMac to QWin is to set the “short date” format. That’s part of the “how to do this” that Intuit provides.

    The second: if you’re going to import existing data via QIF you should open a BLANK QWin file, delete all the suggested categories, and save it as Blank.Qknfile

    Third: in QMac, export all to QIF. Accounts, transactions, memorized transactions, categories. Eveerything. If you don’t want all the dates, I’d use QMac to save a file with the desired date range, then export that file to QIF to import.

    Fourth, over in Windows, your Blank file will have no data, no accounts, nothing. That’s the way you want it.

    Select import, then in the import box there’s only one option (working from memory here. That’s what you want. Quicken will “map” your incoming accounts, and import transactions, categories, etc. It was far easier than when I fled Windows Quicken for Mac.

  45. 45
    rob Says:

    thanks george, i’ll give that a try. maybe it was the date format that was the problem.

    you say “if you are going to import via QIF.” is there another way besides QIF?

  46. 46
    George From Tulsa Says:

    Rob. Nope. I’m just dizzy from so recently trying what seems to be every other Mac option so I didn’t have to install Windows on my Mac just to run Quicken.

    .CSV import is possible in some. There’s QFX and OFX etc. And the execrable Quicken Essentials has a conversion program that runs just once, but once it has your data, you’re locked in (though I think I recently saw one of the Money named Mac alternatives offering a way to escape QknEssentials).

    Anyway, Nope. Just QIF

    Lovely it still works.

    Don’t you just hate software companies that lock in your data, hoping to keep you on the payment treadmill? That’s Quickbooks, local or online. That’s Quicken Essentials. Funny thing, I am happy to stay within Quicken and was happy to buy regular updates when the updates offered improvements and bug fixes. I was NOT happy to have Quicken run flashy ads while I was working, or with what Steve Martin so aptly named “deprovements.”

  47. 47
    George From Tulsa Says:

    #42 – Carol

    Rather than creating a partition to run SLeo beside Lion, I would recommend cloning your HD and booting from the SLeo Clone. The partition trick should work, but Apple is moving toward abolishing the “file system” as we know it, and I foresee problems.

    For sure, don’t jump on the Lion ship as soon as it sails! Wait for others to find and hopefully fix the inevitable bugs.

    GNUCash will do what you want. I just didn’t like it. Also, if you don’t want to go the whole Parallels / Win 7 route, I was able to install WinQuicken 2010 successfully in Crossover from Codeweavers and also in the various free Wine Programs offered on Mac.

    Intuit’s big deal now is Mint.com and QuickBooks. I’m not sure Quicken itself is long for the world.

  48. 48
    rob Says:

    thanks george – yes intuit is truly the worst. they really dropped the ball on quicken for mac.

    Q: are we not improvements? A: we are devo!

  49. 49
    Mr-Larry Says:

    I too think Essentials is a joke. Has there been any acknowledgment from Intuit on this incredible mistake?

  50. 50
    scott Says:

    first, i should come clean and note that i work for the developer of iBank, IGG Software. i’m jumping in at this point because i see there is a lot of uncertainty around this topic and around iBank itself.

    i would like to clear up some misinformation while avoiding hype: with the exception of billpay (not currently a feature of iBank), the capabilities of iBank 4 (released last fall, in case you were familiar only with earlier versions) closely match or exceed Q2007.

    data import seems to be the biggest concern for most users; old Q data exported as QIF readily converts to iBank, while most bank and investment accounts in north america are also easily accessed in iBank via direct connect or web downloads (yes, there are exceptions, but ask IGG before you ask your bank – too many customer service folks at banks aren’t familiar with iBank, or follow a script that incorrectly claims they “don’t support” it).

    mainly i put this out there for readers who don’t want the expense or hassle of running windows on their mac – iBank is just one of several mac finance alternatives. for those who remain curious about iBank, it’s available as a free trial via the IGG website.

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