| ![Quicken 2005 Deluxe [Old Version]](http://ecx.images-amazon.com/images/I/41HE6M2WJ8L._SL500_.jpg)
| From: Intuit
List Price: $59.95
Buy New: $19.99
You Save: $39.96 (67%)
New (2) Used (5) from $19.99
Rating:  113 reviews
Sales Rank: 2779
Format: Cd-rom
Platforms: Windows 98, Windows 2000, Windows Me, Windows Xp
Media: CD-ROM
Edition: Deluxe
Autographed: No
Memorabilia: No
Operating System: Windows 98
Shipping Weight (lbs): 2
Dimensions (in): 7.7 x 5.3 x 1.4
MPN: ITICD00919WI
Model: 283645
UPC: 028287009196
EAN: 0028287009196
ASIN: B00029J1SG
Release Date: July 30, 2004
Availability: Usually ships in 1-2 business days
Shipping: Expedited shipping available
Condition: Brand new in retail box. The outer box shows minor signs of distress. Expedited shipping recommended for faster delivery.
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| Customer Reviews:
Showing reviews 6-10 of 113
 No QIF, no good... August 14, 2004
NYC Mike (Chappaqua, NY United States)
62 out of 71 found this review helpful
I think what we see happening here is Quicken trying to monetize their control of a critical point in many people's financial life... It's this simple: QIF is an open format, and anybody who can read and write can pretty much generate a correct QIF file.
The new formats are all controlled by Quicken/Intuit, and Quicken/Intuit requires the financial institutions to pay a "royalty" for use of the format. In fact even when an institution generatges a legal web connect file, Quicken WILL NOT IMPORT, unless this institution is in the "approved financial institution list", i.e., institutions which have paid...
I guess the aforementioned case of Fidelity supporting download for some but not all its businesses just means that Fidelity investment has decided to pay the royalty, and the other part of the institution has not? I also presume that maintaining a QTX or whatever server is more complicated and expensive than generating a short ASCII file with perl...
So, yes, of course one can blame the financial institutions that they are not implementing and licensing from Intuit, but it is not just mere unwillingness... This, I think, is an Intuit attempt to monetize its control. This is acceptable in a capitalist society -- if it works.
Because, if financial institutions that are important to me don't pay up, I'll move on to M$ Money -- I am alreayd a TaxCut customer as of Intuit's Turbotax spyware masterboot record virus (i.e., DRM scheme) debacle.
This release has prompted me to switch to Microsoft Money! September 21, 2004
G. Chew (San Diego, CA United States)
62 out of 67 found this review helpful
Intuit has removed the ability to import QIF files (for most types of accounts, i.e. checking, savings...) with the release of Quicken 2005. My financial institution only supports downloading transactions in .QIF of microsoft Money .OFX files. This is infuriating! Quicken 2005 is now useless to me. It's been a long time since I've been this frustrated with a piece of software. I'm switching to Microsoft Money immediately.
DO NOT BUY QUICKEN 2005 -- DO NOT UPGRADE October 19, 2004
Former quicken customer (Denver, CO)
59 out of 62 found this review helpful
Intuit has really ripped off anyone who buys the new Quicken 2005. They suddenly (without warning or notice) stopped supporting the QIF format, and almost no financial institutions are compatible any longer. This is extortion by Intuit to get customers to pressure financial institutions to switch to OFX format and pay Intuit big bucks.
This should be the end of this product. Everyone should demand refunds and contact the Better Business Bureau immediately.
DO NOT BUY THIS PRODUCT.
 UPDATED: It's as bad as everyone says, maybe worse--0 stars January 22, 2005
Brian Kelly (Dunwoody, GA USA)
55 out of 56 found this review helpful
I have used many versions of Quicken over the years, upgrading regularly, but stopped at Quicken 2002 after seeing 2003, 2004, and 2005 get panned on this site and elsewhere.
However, Intuit has backed me into a corner by discontinuing support for 2002 as of April, so had to decide between this and Money, which is also universally panned. Better the devil you know that the devil you don't, so Quicken 2005 it was.
Before getting into the software, let me mention that Quicken's "sunset policy" is garbage. It is one thing to quit supporting a product--you cannot find good people that want to help consumers with old software. However, to actually turn off functionality? That is inexcusable. If class action lawsuits were not a complete waste of time for everyone but the lawyers, I'd be out there drumming up a list of victims of this exceptionally poor business practice.
That aside, on to the software itself... I originally thought it wasn't that bad.
I have over fifty different accounts, including banking, loans, investment, 401(k), etc., etc., and they all upgraded perfectly. I was also given the option to merge my linked investment and cash accounts, which simplifies tracking (a nice new feature for those of us who are not hardcore accountants).
The user interface is slightly different than previously, but not radically so, and allows more flexible customization. With very little effort, I was able to get rid of most of the annoying "buy our products" links Intuit insists on including.
However, a month of use has brought forth some problems that are making me strongly consider going back to a spreadsheet. Some examples:
--There are a number of hard-coded rules to prevent you from doing something Quicken does not think is a good idea. For example, it is not possible to transfer securities from one account to another at all unless the accounts are of the same type-if not, as in the case of transfer from an ESPP account to a normal brokerage account, you need to "sell" the shares, then transfer the proceeds, then "buy" the shares in the destination account. I would say that rules out the possibility of using Quicken for tax purposes.
--Upgraded 401(k) accounts for those accounts that do not provide the number of shares simply cease to function. The first time that you attempt to use the Update Wizard to indicate your new account value, Quicken creates COPIES of all the existing securities, appends "-401k" to the end, and shows double the value of the account. You cannot delete the old transactions, as you would lose all transaction history. An hour of technical support resulted in the following brilliant suggestion: "Uninstall 2005 and reinstall your 2002 version, then re-enter all the transactions in the account (six years' worth), and upgrade again. That might solve it."
--In general, 401(k) accounts no longer provide accurate information. When updating the account from a statement, Quicken no longer creates automatic buys based on your new balance. Instead it creates bizarre "placeholder entries" that show that on Day X, you owned Y shares of something, but not how the shares got there. Apparently, it is intended that the user now goes back and manually creates the buy transactions that were created automatically in the past.
--When attempting a download from my bank, every transaction that I had before the upgrade to 2005 comes back over and over again. For example, I attempted to download my bank transactions from the past month and received every transaction since the account was opened. Hoping for a one-time glitch (surely once I cleared them out it would not happen again!), I spent a half hour right-clicking and deleting the duplicate transactions. On my next download request, all 487 of them came back.
--If you hold shares in an ESPP account, the name of the security has "ESPP" appended to the end of it, so it is treated as a different security than any shares of the same actual stock you may already hold (even if the shares are in the same account, and were placed there before an upgrade). So instead of showing 1000 shares of XYZ, you get 500 shares of XYZ and 500 shares of XYZ ESPP.
In summary, Intuit has extorted their customers into upgrading. Having done so, they did not fix any of the obvious software problems (why does the cash flow forecast choke when one has too many schedule transactions, but is perfectly happy to estimate how much money you will be spending???). At the same time, they introduced a number of rather obvious bugs. They provide pay-only support (other than for a very limited number of issue types that they will address on Web Chat if you live in the Pacific Time Zone or are willing to work on your problem at night). The consistent approach to support is "uninstall the software and reinstall it and re-enter all your work."
This is a very, very poor piece of software, and a very poor company. It is a shame Microsoft or someone else cannot get their act together and make something better. A spreadsheet or pen/paper would be better than this.
intuit winding down operations? October 24, 2004
david b (rather be sailing) (Canada)
52 out of 56 found this review helpful
I have been a quicken user since 1992.The early versions and support propelled the company into the number one personal financial package in the world. The companies founders sell out. Enter the next phase for intuit, they produce a product with online features and the consumer and banks jump on board. Fast forward to the XG (extra garbage) launch and what should appear on all the software packages is 'extortion inside'. The banks provide the financial data, I pay them for this service..why do I need to pay intuit for the right to download my data??? Who cares about the other so called 'online services'? I should have the option to purchase those on a yearly basis, but this is not possible quicken bundles all online services into 1 'extortion' fee...they know no one would buy the other stuff they offer. Then to drop .qif format because it is an open format that they cannot extort more money for is adding insult to injury. Do the research, sad as it may be ,join the thousands of 'loyal intuit' customers as they head to microsoft money 2005........it is not a question of when will intuit wake up, it is a question of when will they shutdown.
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