Quicken Canadian Version

[Mariu Carlton]

Ijust downloaded the free trial to see if I can convert my old files from Quicken before I commit to purchasing the Moneydance software. I set up a new account with the name of my checking account. I highlighted that account, clicked on import, and selected a QIF file which I had previously made to capture the information from my Quickbooks file. (I had read that I had to convert my data in Quicken to a QIF file). So, I selected my checking account in Quicken and converted it into a QIF format. I have tried to import this date, but nothing appears to have happened.

Can you please help me?

From what you describe, it sounds like you're trying to import one account at a time. Assuming you have more than one account in your Quicken file, you should generally export all of your accounts at once, otherwise things like transfers may not come through correctly. I'd suggest creating a new data file (File -> New) and see if your results are any different with that.

Ethan, I'm a user, not Support, but I disagree completely with your suggestion

.

If you export all accounts in Quicken, the QIF import you describe above gets all confused with the Initial Balance and all transactions get imported incorrectly.

I have been experimenting with MD2019.1 for several weeks on a Windows 10 machine.

I also have a second Windows 10 machine with MD2017.10 and I successfully exported and imported all my Quicken 2016 data (14 years worth). All my Quicken data and MD2017 data is Reconciled with my bank.

The best way to do this(although more tedious) is to setup New accounts in MD.

Over on the Quicken side, pick a date where you want to transfer the data, it could be an entire account. The First/Oldest entry is the Initial Balance you want to enter in the New MD account.

In Quicken, select the account you want to export and Export as a QIF file. You get the option to select a Date Range. Pick the First Transaction date after your starting point to the end date.

Over on MD, select the account you want to import, then do a File Import ( point to the QIF file you exported in Quicken) . All transactions get imported correctly and all ending balances will also be correct. Then Reconcile the MD account.

Ethan, you can also loop in the Developers on this if you like.I also have an open private chat with Henry that he can close. I would prefer e-mail communication for now if you have any question.

Ivan

What I should have mentioned is that I am a Canadian user and I have Canadian and US dollar accounts.

By setting up New MD accounts you can specify the Currency of the accounts, otherwise MD assumes US dollar accounts. I could not see a way to change them afterwards.

See the following post:

-from-another-personal-finance-program/4117-canadian-version-to-replace-quicken

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For many years, Quicken was one of the best personal finance budgeting and bill management software programs. But these days, more modern budgeting tools exist. They connect seamlessly with your bank accounts, credit cards, and investment apps using the latest technology.

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CountAbout was designed as a Quicken alternative. Founded in mid-2012, it is one of the only personal finance apps that will import data from Quicken. If you want to transition away from Quicken but worry about losing all your data, you can feed it your Quicken file, and it'll populate itself. That'll make the transition far less painful!

Like Quicken, CountAbout isn't free but only costs $9.99/year for the Basic subscription and $39.99/year for the Premium subscription. The Premium subscription includes automatic transaction downloads. A subscription model means you have complete data privacy and won't get annoying ads like other companies.

PocketSmith has a free option that allows you to manually import transactions, 12 budgets, 2 accounts, and projections for six months out. Foundation, $9.95 per month, billed annually, will get you automatic transaction importing, unlimited budgets, 10 accounts, and 10 years of projections. For $16.66 monthly, Flourish gets you 18 connected banks, dashboards, and 30 years of projections. Fortune is $26.66 monthly and offers unlimited accounts and 60 years of projections.

Built specifically for MacOS, Banktivity is a personal finance money manager that imports data from Quicken, so you don't lose anything in the transition process. It'll do everything you want in a personal finance app, including budgeting, tracking spending, scheduling and paying bills, monitoring your investments (including real estate), and pulling data from financial institutions.

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MoneyDance is not as well known as some other apps on our list but is worth mentioning as it's one of the few money apps that doesn't rely on the cloud. If you are concerned about storing your data online, this solution keeps your data local to your computer.

You can still link your accounts online, which pulls your transactions automatically, but they only store them on your computer. You can enter transactions manually if you don't want to link your accounts.

MoneyDance looks and feels like a checkbook, with the check register for transactions, but has charts and tables for reporting. It does budgeting but can also track your investments, albeit it's not as feature-rich as others.

Moneydance is free to download and try, but it costs $65 (you can opt for a $90 annual subscription if you want updates). The free version has all the same features as the paid version, but you can only enter 100 manual transactions.

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