Quicken and Citibank
alex
now. Each year Quicken gets increasingly worse (in both product and
support!) and each year more and more and colleagues switch to MS Money –
which most reviews tout as the better product by far. The problem is
Citibank supports Quicken but not Money. Do any other Citibank users out
there know of any plans by Citibank to start supporting Money too? Or do
any of you non-Citibank people have the same problem with your banks? I
so wish I could tell Quicken to go scratch their butts but I’m stuck
between a rock and a hard place here. Urghh!!!
--
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John Pollard
"alex" <hai...@un.org> wrote in message
<snip>
> Each year Quicken gets increasingly worse (in both product and
> support!) and each year more and more and colleagues switch to MS
Money -
> which most reviews tout as the better product by far.
<snip>
Of the two products, I have only used Q2000 deluxe so I can not comment
from first hand experience, but *every* review I have ever read about
either of the two products has basically said that there is little "net"
difference between the two - benefits in one product are offset by
different benefits in the other and each product has its own set of
problems. When a new version of one comes out, it frequently moves
ahead in the "rankings", only to fall behind when a new version of the
competition comes out.
<snip>
> Or do any of you non-Citibank people have the same problem with your
banks
<snip>
I have a wish list for Intuit, but I feel that it is basically a good
product - I do not have major problems that I can attribute to Quicken -
though I wish the financial institutions would move a little faster in
my direction. And I would not be surprised if there were just as many
people switching from MS Money to Quicken as the other way around - but,
I do not follow the crowd in any case.
Han Broekman
From Citibank Online (the successor to Direct Access) I just found out,
like I remembered, that you can download data in Money format.
From Citibank's website:
>
> Select the file format
> You may select one of four file formats: QIF, CSV, OFX and QFX.
>
> QIF (Quicken® Interchange Format) is used for saving your account activity into
> a file, and then importing the file into a register of most personal financial
> management software packages like Quicken or Microsoft MoneyTM. The
> activity for each account you select will be saved in a separate file.
>
> CSV (Comma Separated Value) is used for saving your account activity into a
> file, and then viewing the file in spreadsheet and database software. The activity
> for each account you select will be saved in a separate file.
>
> OFX (Open Financial Exchange) is a format used by Microsoft Money which
> enables you to download at one time the activity for all the accounts you have
> selected, and then either save the activity in a file for later import into Microsoft
> Money, or launch Microsoft Money to import the activity immediately.
>
> QFX (Quicken Financial Exchange) is a format used by Quicken which enables
> you to download at one time the activity for all the accounts you have selected,
> and then either save the activity in a file for later import into Quicken, or launch
> Quicken to import the activity immediately.
Not that I'd want to use MS Money, because it has gone down the tubes,
at least that is the universal opinion of reviewers these days. Also, I
think that Quicken has gotten better each year (I don't plan getting
2002, since it is a marginal upgrade, if that), at least I found Q2K
better than 99, and Q2001 better than 2K.
Of course, YMMV.
--
Best regards
Han Broekman
(Please answer to the newsgroup only, I will not answer email)
Mike Pollock
into MS Money.
--Mike
"alex" <hai...@un.org> wrote in message
news:toa8cab...@corp.supernews.com...
Louise
not pay my bills via Quicken. I log onto Citibank on the web and pay my
bills directly through Citibank's website. I then download account
activity from Citibank in Quif Interchange Format and import the
downloaded file into Quicken.
Although this requires several steps, I've never had a problem doing it
this way.
Louise