Quicken Financial Life for Mac

Posted by John DeRosa on May 26, 2009, 1:06 pm

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I'm a Mac user, and I run XP under VMware only for Quicken. Are there
any hints, rumors, tidbits, or clues about the status of the new Mac
product, "Quicken Financial Life"?

(Yes, I've read Intuit's web page. Yes, I know there's no other
official news from Intuit. Yes, I know rumors can't be relied upon.
Thank you for playing!)

John

Posted by Lawrence Haber on May 26, 2009, 8:42 pm

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> I'm a Mac user, and I run XP under VMware only for Quicken. Are there

> any hints, rumors, tidbits, or clues about the status of the new Mac

> product, "Quicken Financial Life"?

> (Yes, I've read Intuit's web page. Yes, I know there's no other

> official news from Intuit. Yes, I know rumors can't be relied upon.

> Thank you for playing!)

In my view, you'll probably being using the Windows version for some
consderable time. On one hand, the current beta needs a great deal of
work before it can be sold to the public. As the beta stands now it is
missing a great deal of functionality, so much so that some might think
that the beta is really an alpha.

On the other hand, QFL will be totally different from both the current
Windows and Mac versions of Quicken, so much so that you might choose to
keep running the Windows version for good.

Posted by John DeRosa on May 26, 2009, 8:59 pm

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On 2009-05-26 17:42:29 -0700, lahaber@mac.com (Lawrence Haber) said:

> On the other hand, QFL will be totally different from both the current

> Windows and Mac versions of Quicken, so much so that you might choose to

> keep running the Windows version for good.

Hmm, intriguing. I can't tell from Intuit's QFL page where it differs
from Quicken. Got any concrete examples of where it may, or will,
differ?

John

Posted by Lawrence Haber on May 26, 2009, 10:13 pm

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> On 2009-05-26 17:42:29 -0700, lahaber@mac.com (Lawrence Haber) said:

> >

> > On the other hand, QFL will be totally different from both the current

> > Windows and Mac versions of Quicken, so much so that you might choose to

> > keep running the Windows version for good.

> Hmm, intriguing. I can't tell from Intuit's QFL page where it differs

> from Quicken. Got any concrete examples of where it may, or will,

> differ?

QFL does not use the account concept as has been traditionally used in
paper ledgers and in Quicken but rather uses tags. A transaction is
tagged with an attribute (these can be freely selected and multiple tags
can be assigned to any one transaction) and then these tags are
processed for reports further downstream. Many beta testers have
expressed a great deal of concern about the use of tags and the
potential for a lack of clarity in reporting that might ensue.

Quicken Financial Life for Mac - status?