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Quicken Essentials 2010 for Mac

Quicken Essentials for Mac

Intuit strove to make it easy to set up accounts and import data from old versions of the program, Windows versions, and old users of the now defunct Microsoft Money. The import process is less than intuitive, however, forcing you to go through multiple steps even to import data from your Mac version of Quicken 2007. Also, those with large amounts (multiple years) of data are in for a long wait. Some import actions require the use of an external converter, which seems like it ought to have been part of the import process already and something you shouldn’t have to deal with.
Where Quicken Essentials shines is for those who are new to tracking their finances. A wizard guides you through the process of adding bank accounts, credit cards, and ongoing monthly expenses like car payments or rent, making it easy to track all your spending habits. In addition to your transactions, you can view charts and graphs that detail your spending over a given period of time so you can make adjustments in real life to make your income work better for you. Quicken Essentials will also let you view activity in individual accounts or view a ledger of all your accounts so you can assess your overall financial health. Unfortunately, those hoping to use Bill Pay or track their investments will be disappointed with Quicken Essentials because Intuit chose to leave Bill Pay out of the Mac version and you only get the barest minimum of information regarding your investments.
Quicken Essentials does a great job categorizing your expenses, accurately identifying the ways you’re spending your money automatically. For added convenience the software lets you download your transaction data, obviating the need to enter transactions manually. The program’s budgeting tools are top notch as well, making it easy to analyze your spending categories and draw up a realistic budget.

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