Comments on: From Money to Quicken… http://spencer.stantonfamilyonline.com/blog/2009/06/27/from-money-to-quicken/ A blog from the mind of Spencer Sun, 03 Jan 2010 00:07:41 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Spencer http://spencer.stantonfamilyonline.com/blog/2009/06/27/from-money-to-quicken/comment-page-1/#comment-541 Spencer Fri, 13 Nov 2009 14:03:33 +0000 http://spencer.stantonfamilyonline.com/blog/?p=171#comment-541 I am aware they were working on an improved importer but have not tested it or heard any reports. My guess is that it is probably better, but not a perfect 1 to 1 transition. I'm not sure how close it gets. If/when I upgrade to 2010, I may test out the converter on my old Money file. If I do, I'll post my comparisons. I am aware they were working on an improved importer but have not tested it or heard any reports. My guess is that it is probably better, but not a perfect 1 to 1 transition. I’m not sure how close it gets. If/when I upgrade to 2010, I may test out the converter on my old Money file. If I do, I’ll post my comparisons.

]]> By: Mike http://spencer.stantonfamilyonline.com/blog/2009/06/27/from-money-to-quicken/comment-page-1/#comment-540 Mike Thu, 12 Nov 2009 21:58:20 +0000 http://spencer.stantonfamilyonline.com/blog/?p=171#comment-540 Spencer (and JT if you see this!) great post -- thanks for spending the time to document this for everyone. I'm in the same unfortunate boat and anal-retentive pack rat that I am, will have more accounts, both open and closed, then I care to think about to port into Quicken. My question is, since you guide was written pre-Quicken 2010 release, are you aware of the improvements in the new importer and what precautions we should be taking with it? I'm assuming with 2010 that I won't be following your process. I was hoping JT above would provide a bit more detail on his experience/dos and donts. My quick Google search on the subject really hasn't yielded anything. Spencer (and JT if you see this!) great post — thanks for spending the time to document this for everyone. I’m in the same unfortunate boat and anal-retentive pack rat that I am, will have more accounts, both open and closed, then I care to think about to port into Quicken. My question is, since you guide was written pre-Quicken 2010 release, are you aware of the improvements in the new importer and what precautions we should be taking with it? I’m assuming with 2010 that I won’t be following your process. I was hoping JT above would provide a bit more detail on his experience/dos and donts. My quick Google search on the subject really hasn’t yielded anything.

]]> By: JT http://spencer.stantonfamilyonline.com/blog/2009/06/27/from-money-to-quicken/comment-page-1/#comment-539 JT Sat, 24 Oct 2009 20:22:06 +0000 http://spencer.stantonfamilyonline.com/blog/?p=171#comment-539 Well, 12 hours of crunching and I think I've completed my transition from Money 08 Premium to Quicken Premier 2010. I wasn't happy about making the switch...but was without any real options. We have 40-something accounts, so this was pretty tedious. But the new importer sped up the process quite a bit. Most of the day has been spent re-linking the online services and correcting small items from the 45-pages error report the import app generated. Question for folks that are still following this thread -- the old "category" assignment in Money allowed you to assign a loan payment from a checking account to a pre-setup amortized loan -- it would do all the split category items for your (principal, interest, taxes, hazard insurance, etc). These transactions now just show up as "split" with no way to assign new loan payments to their respective loans...or if there is, I'm just not finding it. There is a 'loan' category, but that doesn't tie to your actual loans -- same for 'mortgage payment' and other categories that are linked to your loans. Thoughts, anyone? Well, 12 hours of crunching and I think I’ve completed my transition from Money 08 Premium to Quicken Premier 2010. I wasn’t happy about making the switch…but was without any real options. We have 40-something accounts, so this was pretty tedious. But the new importer sped up the process quite a bit. Most of the day has been spent re-linking the online services and correcting small items from the 45-pages error report the import app generated.

Question for folks that are still following this thread — the old “category” assignment in Money allowed you to assign a loan payment from a checking account to a pre-setup amortized loan — it would do all the split category items for your (principal, interest, taxes, hazard insurance, etc). These transactions now just show up as “split” with no way to assign new loan payments to their respective loans…or if there is, I’m just not finding it.

There is a ‘loan’ category, but that doesn’t tie to your actual loans — same for ‘mortgage payment’ and other categories that are linked to your loans.

Thoughts, anyone?

]]> By: Orion Wood http://spencer.stantonfamilyonline.com/blog/2009/06/27/from-money-to-quicken/comment-page-1/#comment-537 Orion Wood Wed, 07 Oct 2009 05:36:09 +0000 http://spencer.stantonfamilyonline.com/blog/?p=171#comment-537 Spencer, I just want to thank you for your help. I made the transition, and now I am a happy user of Quicken. Yes, it was a bit tedious to convert my Money file, and I find that Money Online had two more links for downloads that Quicken does not have. Fortunately, they are little-used accounts that don't take too much to update manually. And there are a few quirks in Quicken, such as the Categories. Money would find the category for a subcategory when you entered it (like "Fuel"), but Quicken makes you choose the category, then select the subcategory. But other features I like; the search mechanism in Quicken is faster and much more intuitive. I think I am fine now, still learning, but without your excellent instructions, I would have been in a big bind. If you get this, just let me know at orionw@pacbell.net. Thanks again!! Orion Wood Spencer,

I just want to thank you for your help. I made the transition, and now I am a happy user of Quicken.

Yes, it was a bit tedious to convert my Money file, and I find that Money Online had two more links for downloads that Quicken does not have. Fortunately, they are little-used accounts that don’t take too much to update manually.

And there are a few quirks in Quicken, such as the Categories. Money would find the category for a subcategory when you entered it (like “Fuel”), but Quicken makes you choose the category, then select the subcategory. But other features I like; the search mechanism in Quicken is faster and much more intuitive.

I think I am fine now, still learning, but without your excellent instructions, I would have been in a big bind.

If you get this, just let me know at orionw@pacbell.net.

Thanks again!!

Orion Wood

]]> By: Spencer http://spencer.stantonfamilyonline.com/blog/2009/06/27/from-money-to-quicken/comment-page-1/#comment-528 Spencer Sat, 05 Sep 2009 02:28:05 +0000 http://spencer.stantonfamilyonline.com/blog/?p=171#comment-528 My string pretty much ended with these four posts. If you have any questions, feel free to ask. I thought there may be more interest, but it is still a tedious task so I may have overestimated that a bit. My string pretty much ended with these four posts. If you have any questions, feel free to ask. I thought there may be more interest, but it is still a tedious task so I may have overestimated that a bit.

]]> By: Orion Wood http://spencer.stantonfamilyonline.com/blog/2009/06/27/from-money-to-quicken/comment-page-1/#comment-527 Orion Wood Fri, 04 Sep 2009 15:12:47 +0000 http://spencer.stantonfamilyonline.com/blog/?p=171#comment-527 Spencer, I got your guide, and I think I can follow it. Is there any more on this, or did your string end with these four posts several months ago. Orion Spencer,

I got your guide, and I think I can follow it. Is there any more on this, or did your string end with these four posts several months ago.

Orion

]]> By: The J http://spencer.stantonfamilyonline.com/blog/2009/06/27/from-money-to-quicken/comment-page-1/#comment-499 The J Sun, 28 Jun 2009 07:47:29 +0000 http://spencer.stantonfamilyonline.com/blog/?p=171#comment-499 I'm always surprised when Microsoft throws in the towel on a software package they hold such a large market stake in (unless it has the Windows attached to it). Glad you figured out a way to make it work. Seems like your not alone. I’m always surprised when Microsoft throws in the towel on a software package they hold such a large market stake in (unless it has the Windows attached to it).
Glad you figured out a way to make it work. Seems like your not alone.

]]> By: Spencer http://spencer.stantonfamilyonline.com/blog/2009/06/27/from-money-to-quicken/comment-page-1/#comment-498 Spencer Sun, 28 Jun 2009 03:51:03 +0000 http://spencer.stantonfamilyonline.com/blog/?p=171#comment-498 Well, Quicken does have a Data Converter based on exporting a couple of reports from Money, but even that left a lot to be desired. Unfortunately, there is still an account-by-account export from Money to QIF and metadata doesn't come over either. I did create a way to import the QIF data a little faster, and the guide will help avoid pitfalls of the manual portions, but is was still a lot of manual work. Right now there doesn't seem to be a way around it. I hope to have the first draft posted tonight. Well, Quicken does have a Data Converter based on exporting a couple of reports from Money, but even that left a lot to be desired.

Unfortunately, there is still an account-by-account export from Money to QIF and metadata doesn’t come over either. I did create a way to import the QIF data a little faster, and the guide will help avoid pitfalls of the manual portions, but is was still a lot of manual work. Right now there doesn’t seem to be a way around it. I hope to have the first draft posted tonight.

]]> By: B.J. Stanton http://spencer.stantonfamilyonline.com/blog/2009/06/27/from-money-to-quicken/comment-page-1/#comment-497 B.J. Stanton Sun, 28 Jun 2009 03:27:12 +0000 http://spencer.stantonfamilyonline.com/blog/?p=171#comment-497 I'm in the same boat, Buddy! Took a quick look at the effort required to port Money data to Quicken, and it is ugly to say the least. I too wanted a turnkey method to bring everything into Quicken with a relatively painless process. But all I have found so far is a tedious, account-by-account export from Money to a QIF format. No mention of a way to port any of Money's metadata (e.g. list of payees). Any help you provide will be most appreciated! I’m in the same boat, Buddy! Took a quick look at the effort required to port Money data to Quicken, and it is ugly to say the least. I too wanted a turnkey method to bring everything into Quicken with a relatively painless process. But all I have found so far is a tedious, account-by-account export from Money to a QIF format. No mention of a way to port any of Money’s metadata (e.g. list of payees). Any help you provide will be most appreciated!

]]> By: Chong http://spencer.stantonfamilyonline.com/blog/2009/06/27/from-money-to-quicken/comment-page-1/#comment-496 Chong Sat, 27 Jun 2009 23:53:02 +0000 http://spencer.stantonfamilyonline.com/blog/?p=171#comment-496 Great post. Found you via a search in Bing. I am in the same boat, chose Money 6 yrs ago. Look forward to your guide. Great post. Found you via a search in Bing. I am in the same boat, chose Money 6 yrs ago. Look forward to your guide.

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