Possible replacement for Quicken - can somebody answer this StackExchange question?

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johan...@gmail.com

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May 18, 2014, 11:23:59 AM5/18/14
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I just stumbled about a stackexchange question about personal finance software:

"Possible replacement for Quicken", http://money.stackexchange.com/questions/3070/possible-replacement-for-quicken/3080
> I have been using quicken to track my financial life for about 10 years now and am generally happy with it. A couple of years back Intuit changed the ability to download stock quotes for 2 years maximum. After that 2 years you need to buy the next version of Quicken. Not cool since the features I use have not changed in about 5 years. So my time to renew is coming up in a few months and I need to determine if I can use something else of just buy Quicken again.
>
> Here are the main things I use Quicken for:
>
>     Schedule bills and deposits in the calendar view so I can keep an eye on cash flow.
>     Track all my stock and mutual fund investments across numerous accounts.
>     I manually enter all my transactions so I can keep control of them. I just reconcile what I entered into Quicken based on the statements sent to me. I do not use Quicken's bill pay.
>     I categorize all my expenditures for help come tax time.
>     I use numerous reports including. Net Worth tracking, Cash not is retirement funds and total retirement savings.
>
> My question is there any other tools (online or not) that would allow me to replace Quicken and not miss a beat? If I could import my Quicken data that would be a bonus.
>
> I was interested in mint.com until Quicken bought them. Now I am not sure if they're any different then Quicken. Thoughts?

(It is not my question, I just stumbled upon it.)

Since I am personally using ledger and in order to support the Ledger project, I wanted to suggest using Ledger. But I am unsure how Ledger fulfils all the needs listed in the question. I therefore bring the question to your attention... Maybe somebody can come up with an answer that explains how/if ledger would be a good alternative to Quicken?

thx,
Johannes

Craig Earls

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May 18, 2014, 11:29:17 AM5/18/14
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Importing 10 years of quicken data would be problematic. There is
also the unwritten "I use the GUI and don't have to think much about
it"...
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Johannes

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May 18, 2014, 11:49:42 AM5/18/14
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I answered this: Since the company behind Mint and Quicken is a problem for you, you may want to consider an open source, offline solution. In this direction, GnuCash has already been proposed in another answer. Alternatively, you may want to consider the text-only, open-source, command line tool Ledger. It does not give you a graphical user interface (e.g., no calendar GUI), but it does allow to generate the reports you mentioned.
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