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Quicken 2002 Deluxe

Quicken 2002 Deluxe

List Price: $59.99
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Rating: 1 stars
Summary: I can't get it to run
Review: I upgraded to Quicken 2002 from 2000. In the 2 days since I installed it, I have not been able to enter a single transaction. Everything I click freezes my system. I am running Windows 98 and this product is allegedly compatible. I uninstalled it once already and reinstalled. Again the system freezes with something as simple as closing the alerts window. I'm not just talking about a program freeze. I'm talking complete, cold reboot. Not even ctrl-alt-del works. I can't find anything on the web tech support about it, and I am not about to pay $1.95 per minute for phone support. I am going back to Quicken 2000.

Rating: 1 stars
Summary: Doesn't except Microsoft ME?
Review: Although i dislike Microsoft's ME, and wish I had another computer to use Linux or Mac, I don't. Therefore I'm stuck with this stupid contraption of a OS that came with my computer. The Quicken 2002 seems to not except ME, why? If there is a Quicken 2002 that works with ME, I'm sorry. However, I haven't seen one yet. Darn.

Rating: 1 stars
Summary: My reaction to QuickBook Pro 2001
Review: I ordered this product when I started my own business. I have to say that this is probably the biggest waste of time and money I have ever seen. It is so far and away the least user friendly program ever.
I am a first time user and my sister told me she used Quicken on her job (not 2001) and if she could use it, so could I. She was so wrong. Her program had already been set up by the in-house bookkeeper so she essentially entered data only. I have no way of knowing how to set up my books and the instructions don't show me how. I need basic bookkeeping, not instructions on how to build a rocket.

Rating: 2 stars
Summary: I still can't make it work for ISOs
Review: I have some ISO stock options with my employer which allow me to exercise the options prior to vesting - apparently this is a new tax law for employees of startup companies. Quicken lets you set up a stock option account, and assign a value to the options but when you try to buy/exercise prior to vesting, it says - no options vested, and doesn't allow you to purchase!
This means when it comes time to sell your capital gains are all screwed up. It makes me wonder if Turbotax can handle these things correctly - yikes!
The rest of the program is ok.

Rating: 1 stars
Summary: Wash sales wash out
Review: This is not technically a reveiw, since I've not used Quicken 2002. Considering upgrading from a prior version, I looked through the various material on Intuit's site to see if it had a feature that has been long needed and yet is missing: the ability to efficiently and effectively handle wash sales. There was no reference whatsoever to addition of a wash sale feature, so it appears to be something Intuit would rather you didn't consider. If you never sell anything at a loss within 30 days of purchase, this isn't relevent to you. But for people that trade actively, the absence of this capability is very problematic, since it makes it impossible to get an accurate read on tax implications - something this product claims to do. Intuit, if you're reading this, please add ways to efficiently deal with wash sales to Quicken and Turbo-tax [It ignores it too]. One other issue: Loading a new Quicken release up and using it before bugfix updates are available has given some users real problems. Look at *USER* reviews on prior versions near initial release dates. Pioneers wear =>Arrow shirts<= if you catch my drift. A safer strategy is to read user reviews reveiws as they come out, see what problems are occurring and wait for patches to come out that fix the problems.

Rating: 1 stars
Summary: Quicken 2002 Deluxe
Review: I have read the reviews and Intuit needs to return to the basics of business...that's business 101...make a quality product that provides value to the customer. I have been using quicken since its DOS versions years ago, and have faithfully upgraded since the year 2000. Thankfully I didn't upgrade to 2001., and I'm not planning on upgrading to 2002. They NEVER, and I mean NEVER offer a real price incentive to loyal customers...just the facade of one with an old marketing...mail in rebate scheme. People...the product hasn't changed hardly since the beginning of its Windows platform...all the applications they claim you can run, can all be completed on free financial web sites, such as Yahoo, smartmoney.com and even microsoft money. I fully utilize the platform for taxes, investments, etc..you name it.....and I'm asking myself where is my incentive to upgrade to new software that a company doesn't support? Crazy! Consumer need to choose alternative software, such as Microsoft Money and teach Intuit a Market lesson...don't treat your customer wrong.

Rating: 4 stars
Summary: Nice Features ... but a word of caution ...
Review: I have used Quicken for many years and I've always liked the product. This version is a nice upgrade and is probably worth it for any Quicken owner to pick it up.

I also picked up Microsoft Money 2002 since it had a great rebate from the wholesale store. Money will convert Quicken 2001 files cleanly, so it was easy to compare the products. Microsoft Money is different, but equally capable for the most part. I recommend Microsoft Money to anyone who has not already become familiar with Quicken. Money seems to be easier to learn and use than Quicken. But if you are comfortable with Quicken, I don't see any real value in Money over Quicken to justify the learning curve.

WARNING!!! I recently had a minor problem with a corrupt quicken file which I corrected. It made me more consciences about running VALIDATE periodically. Before upgrading to Quicken 2002, I ran Validate and Super-Validate and no problems were found. After upgrading I ran Validate and Super-Validate again, with no problems. I went online to update my register and post payments and then I ran Validate once again. This time I had 167 errors. I don't know what it "fixed", but I got really nervous. I validated a second time, no problems. I went online again the next day, then validated again, and more errors were found. I hope that Quicken is just cleaning up some online garbage ... no apparent problems exist in my data ... just please run VALIDATE frequently to be extra safe, and run your backups too.

I also had a problem where I had duplicate scheduled payments in my Quicken schedule. I was able to identify which payments were legitimate and which were not, so I cleaned up that mess. This problem is addressed in the Quicken knowledgebase, albeit poorly addressed.

This makes three seperate data problems with Quicken. One with Quicken 2001 and two with Quicken 2002. All within the last two months. All three were caused by Quicken, so I am getting nervous about trusting this company with my data. I am running Validate frequently now and I recommend that you do too.

I like Quicken and I will continue to use it as long as I can continue to trust it with my data. I like the new features in this upgrade. Microsoft Money is a great product as well, but not worth the learning curve to switch. If you do buy or use Quicken, just be extra careful to validate your data frequently.

Rating: 5 stars
Summary: Great new look and easier to use
Review: I am very impressed with the new version. It has a slightly newer look that helps to eliminate too much information. Entering downloaded transactions is easier, setting up and tracking the investments that I have is easier and best of all you can now remove a lot of the advertisements!

Rating: 4 stars
Summary: Very Functional - Do not be fooled by other reviews
Review: I recently purchased a new iMac (made the switch from PC) and was distraught I would no longer be able to use Microsoft Money. I've been using it since 2000 and have had nothing but sucess.

After reading the mainly negative reviews ...my first inclination was to go out and buy a new program (Moneydance, Quicken 2003, or Virtual PC to continue using Money) to handle my finances. Since Quicken 2002 Deluxe came pre-installed on my iMac, I decided to give it a try.

I am pleasantly suprised at its capabilities. It is not quite as intuitive as I would like but I think that has something to do with the layers and layers of options Intuit has built into this program. The ability to handle several bank accounts, credit card accounts, investment accounts, retirement accounts, loans, assets and liabilities is all there. There are built in reports to view various categories or view your entire portfolio of accounts at once.

In response to some other reviews let me address some of their comments:

1) In order for Quicken to download statements automatically you must do two things. One - activate the account you have created in Quicken to access information online. Two - contact your bank and have them set up your account for this purpose. It is at this time they will give you a PIN to use. One reviewer mentioned they tried every PIN # they had to no avail. That is correct - your bank gives you a special one to use for Quicken downloads. Another option - if that is too much of a hassle - is to log onto your bank's website and export history using Quicken Web-Download. Either way same end result - one method is set up once and activated by clicking one button. The other way involves a couple of steps each time.

2) Dates all default to 2020 and cannot be changes was another reviewer's comments. This happened to me once. The system defaulted to 2020 when I tried entering a date. After I recorded it, I went back and edited the date to 2002. A one time pain in my experience as it now defaults to 2002.

Overall this program is adequate to manage your personal finances. It has several useful reporting and reconciling features and does allow internet banking downloads. So why not five stars? The graphics / presentation / layout leave a lot to be desired. If you are using OS X, Quicken is a huge disappointment compared to other programs. Another reason for losing a star is that this program is not intuitive and requires research to get tasks done; the PDF version of the manual is over 400 pages.

Rating: 4 stars
Summary: Meets my needs
Review: I've been using this product since Spetember of 2001, and it satisfies all of my financial needs. Sure, it has a few quirks, and some of the more advanced features seem somewhat buggy, but overall it meets the need. I have no problem tracking my checking accounts, money market accounts, 401(k), IRAs, personal property, loans, and other finanical assets.


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