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Quicken (99) and Money coexisting on same PC - any problems?

 

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Quicken (99) and Money coexisting on same PC - any problems? kaplan3jiim 09-04-2006
Posted by kaplan3jiim on September 4, 2006, 2:08 pm
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I have been asked to become treasurer of a non-profit, whose books are
presently being kept in Quicken 99. My PC presently has Money 2005,
and there are both personal files and a partnership file.

I could, of course attempt to import the Quicken 99 file into Money
and go from there. (Or switch everything to a newer version of
Quicken)

However I would prefer, at least initially to install Quicken 99 and
continue manipulation of the non-profit's books therein.

Would I likely have any problems in doing so? One possibility I see
is file imports. My CU downloads are in QIF format, and at present
I'm asked what to do with these - I either import immediately into
Money (one option presented) or save to disk. Might this work
differently with both programs on one machine?

Any other problems I need to worry about?

TIA,
Jim

Posted by Art McClinton on September 4, 2006, 6:47 pm
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You can run both Quicken and Money on the same computer. You will
however find that QIF files will be pointed to the last program loaded.
I have run 2 versions of Money and 1 version of Quicken on the same
machine at the same time. My Mom uses quicken and I run it to answer her
questions. I run the two versions of money while deciding if I want to
upgrade my production version to the newest version.

The work around for the QIF files is to always save to disk and then
import them into the desired program. This has to be performed by
starting the Quicken or Money program and they use the import feature
from within the program.

I have not seen any other issues with running them together.

Art

kaplan3jiim@comcast.net wrote:
> I have been asked to become treasurer of a non-profit, whose books are
> presently being kept in Quicken 99. My PC presently has Money 2005,
> and there are both personal files and a partnership file.
>
> I could, of course attempt to import the Quicken 99 file into Money
> and go from there. (Or switch everything to a newer version of
> Quicken)
>
> However I would prefer, at least initially to install Quicken 99 and
> continue manipulation of the non-profit's books therein.
>
> Would I likely have any problems in doing so? One possibility I see
> is file imports. My CU downloads are in QIF format, and at present
> I'm asked what to do with these - I either import immediately into
> Money (one option presented) or save to disk. Might this work
> differently with both programs on one machine?
>
> Any other problems I need to worry about?
>
> TIA,
> Jim

Posted by John Pollard on September 4, 2006, 9:02 pm
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> You can run both Quicken and Money on the same computer. You
> will however find that QIF files will be pointed to the last
> program loaded. I have run 2 versions of Money and 1 version
> of Quicken on the same machine at the same time. My Mom uses
> quicken and I run it to answer her questions. I run the two
> versions of money while deciding if I want to upgrade my
> production version to the newest version.
>
> The work around for the QIF files is to always save to disk
> and then import them into the desired program. This has to be
> performed by starting the Quicken or Money program and they
> use the import feature from within the program.

I think this should not be an issue.

You can assign ".qif" files to be processed by any application
you choose. In Quicken there is no particular benefit to this
in most cases because Quicken needs to know what specific
account(s) to import the data to ... and if you have downloaded
from a specific fi, there is an almost zero chance that the
downloaded qif file will know the *exact* name of your Quicken
account.

If you want to have Money be the program that is the default
program to process qif files, you need only tell this to Windows
Explorer ... no matter which program you installed most
recently.

Go to Windows Explorer > Tools > Folder Options > File Types

Locate the file extension "qif" and tell Windows Explorer that
MS Money is the program that should "open" files with that
extension.



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