What other people say about Quicken 2005 Premier [Old Version]

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Quicken 2005 Premier [Old Version] From:Intuit
See Product Page	User Rating:Amazon Sales Rank:#4782

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5 of 6 customers found the following review helpful: Dropped Checkfree for Billpay, 2005-02-25 Not only has Intuit forced a data format change they have changed the bill pay provider which has messed up many of my transactions. The new billpay provider is Metavante. First four months they failed to correct a biller's address which resulted in numerous calls to Metavante without resolution. Not to mention the rquirement to beg the biller to forgive the tardy payment and waive the late fee. Quicken Intuit loses another 15+ year customer who will also migrate to MS Money, which still utilizes Checkfree. 5 of 5 customers found the following review helpful: Main fault is lack of QIF import, 2005-02-21 I'm having some real issues with my recent upgrade to 2005. The primary problem is that I can no longer import QIF's. Unfortunately, I've overwrote my data files with the new version and according to the customer support, I cannot go back to my earlier version. Intuit suggests that I change banks, I suggest that I replace Quicken 2005 with MS Money. The reason for disabling the QIF import was suggested on Intuit's customer-based support was that Intuit charges financial institutions for use of the new format. I guess if you are giving the software away for almost nothing, you have to expect someone to pay for it. 3 of 4 customers found the following review helpful: Faster & Better!, 2005-02-06 I was apprehensive about the 2005 version after reading many of the reviews here. Don't be hesistant, the new version is much better than 2004. The new QFX format file format is much faster and banking and credit card downloads are faster and easier than ever. The renaming features for downloads is also wonderful. Account setup is also streamlined and I have not have the problems that I experienced in the 2004 version. Having tried Microsoft Money 2005, it just can't due what Quicken does (try splitting a paycheck deposit!). 2005 is worth it! 13 of 14 customers found the following review helpful: Investors Beware - Don't upgrade to 2005, 2005-01-29 I am a longtime user of Quicken, but had held off upgrading from Quicken 2002 until this year. I'm sorry I didn't wait longer. There are so many bugs in the investment side of the program it should still be in alpha testing! For example, I decided to start all over with loading data, rather than convert my data (for a lot of reasons including my old file was getting too big with closed security positions). I added my securities as "bought", I then found out that they were being included only on some on the Net Worth reports, not all of the NW reports! So I changed them to "Added Shares", only to find that the commissions were deleted and the amount of purchase was lowered. I had to go back and change the amount of purchase. Then I could put in Capital Gains transfers some of the time, but not all of the time; I had to adjust my costs manually. To top it off, I edited some Bond Mutual Funds I had entered to change their type from "Mutual Funds" to "Bonds", only to have the program divide all previously entered shares by 100; again I had to manually adjust. So I added a new Security Type - Bond Funds. Now when I sort by Security Type, I don't get a total on top of the page for Bond Funds, but just get the listing of the individual securities. The problems get worse... The return calculations are inaccurate. Instead of calculating an average return on investment goals and security types, it sums up the returns for each security giving some very weird results. Also, every time I checked one report against another, there were differences; as I fixed them, it created another problem. Please note I'm a CPA, I know how to upgrade systems and I know how an accounting system should work! This program doesn't. I'm just glad I continued to run Quicken 2002 on another PC. I've put more than 30 hours into this upgrade, I'll probably go back to Quicken 2002 if these problems aren't corrected soon. Quicken chat support does not handle investments questions; they refer you to the for-a-fee telephone support. I'm not surprised they don't want to support the investment features; it would cost them a bundle. If you use the investment features of this program, beware. 12 of 12 customers found the following review helpful: Fine, except concerns about QIF support, 2005-01-18 I have been using this software for the past three months or so and it seems to work fine. However, I do have concerns about the QIF support. It seems that Intuit has taken a page from the monopoly playbook and is forcing institutions to upgrade to the QFX standard. However, Intuit is charging institutions considerable price for this upgrade. I think the price is something like $3 per account, not per $3 institution bank account that uses an Intuit product. For a bank with 50,000 account names, this would translate into a $150,000 payment for Intuit. Going forward, I would expect for more institiutions to take the path of Fidelity and not adopt the new standard. Think about it, if you were a bank technology director would you pay this amount for service that was used by perhaps 15% of your banking clients?
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