Quicken for Mac v5.12 Released

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Comments

  • Kevin McGuire
    Kevin McGuire Member ✭✭
    edited August 2019
    My problem with 5.12 is that the update came days prior to me migrating to a new laptop out of necessity. Only 5.11.2 was available for download and even when I contacted an agent through chat (weekend), they did not have the ability to provide a link to the newest version nor even seemed to know of it.

    On my own, I finally tried replacing the app with a copy from my old computer and that seemed to work. (I also transferred the folders within the Application Support directory.)

    I work in the software industry and completely understand the limited initial rollout, but your support staff (even the weekend staff) needs to know how to handle it or at least how to properly advise customers in the midst of it.

    All that being said, I appreciate the fact that after years of languishing in the hands of Intuit, Quicken for Mac has been getting a lot of love and updates since those days. I know it's not easy making changes and having everyone in agreement. I am encouraged that users seem to be giving constructive feedback to help make it better. Keep up the good work.
  • RickO
    RickO SuperUser, Mac Beta Beta
    jacobs said:
    I believe the most pressing issue is getting rid of the old Category Summary report a.s.a.p. I think it should be possible to do that programmatically; that is, I think the settings for all old Category Summary reports can easily be translated into settings for a new Transaction or Summary report. So a program update could change those reports, eliminate Category summary from the menu, and pop up an alert to tell users that some old reports might look a little different because they have been migrated to the newer, better reports engine.

    Oops, good point. Since I long ago abandoned the Category Summary report, I forgot that you can save instances. But as you say, I think the program could convert them and thus eliminate the CS report. And the Payee Summary as well.
    Quicken Mac Subscription; Quicken Mac user since the early 90s
  • Quicken Marcus
    Quicken Marcus Administrator, Employee ✭✭✭✭
    Gilles99 said:
    > @Quicken Marcus said:
    > As part of our typical process for a major release, I've paused the rollout of v5.12 for now so we can evaluate how it's going for customers.  If you run into any issues with v5.12, please comment here in this forum article.

    You might have stop the automatic update process, but Macupdate.com has posted version 5.12....
    FYI
    Gilles99, thanks for letting me know.  It's OK.  Our Care team will also give customers 5.12 if asked.  We're still paused because we want to fix the issue Randy hit with loan lengths changing and we'll also opportunistically fix some crashing issues that are low risk to fix.  We'll probably start rolling out again on Monday.
  • smayer97
    smayer97 SuperUser, Mac Beta, Canada Beta ✭✭✭✭✭
    smayer97 said:
    glennmacc said:
    ...
    Related to Investments, the budget also has some good news and bad. It seems that Reinvested Dividends income can now be added to Budgets, but for some reason, Reinvested Capital Gains income cannot (this seems to be because the category automatically assigned to Reinvested Dividends is "Dividend Income" which is available in budgets, but the category assigned automatically to Reinvested Capital gains is "reinvest capital gains" which is not available in budgets [instead of "Long Term Capital Gains" or "Short Term Capital Gains", which can be included in the budget]). Again, this seems like it should be easy to fix.

    ...
    For each of the above, you can add your VOTE to 
    ...

    There was some conflicting information about this but it has been confirmed that this has been implemented. Please see the following link for info:
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  • Quicken Marcus
    Quicken Marcus Administrator, Employee ✭✭✭✭
    Glennmacc, thank you for such a detailed and fair assessment.  I'll need to do a little more research on your points and bug but as a whole, I agree with everything you mentioned and thank you for the very specific bug reporting.  When the issues are actionable and easy for us to reproduce, it means it's also easy for us to fix.

    On your point about memorized transactions being easy, I thought the same of renaming rules which turned out to be pretty complicated.  Just to get a little wonky on renaming rules, there were a number of things we had to do. 1) We had to replace what we currently do which is to remember the last payee change you made for every payee changed and to automatically generate rules based on this so renaming would continue to work as you expect. 2) When you make a change, we have to automatically create a rule that makes sense for the statement payee received and what you change it to and we need to block certain words that could cause lots of wrong transactions to get renamed such as "Check" or "ATM" which are too generic to create rules for. 3) We have to detect if a rule was used to rename your transaction and then ask if you mean to change the rule or want to create a new rule. 4) When you merge Payees we have to detect this and then ask you if you also want to merge rules and we have to do handle rule conflicts. 5) We used to provide the ability to auto-update other transactions with the new payee name and we wanted to continue to support this which required extra care to not accidentally rename transactions you didn't expect. 6) We sync rules to the Quicken Cloud so that mobile and web can use the same rules. 7) And finally, we have to build all the UX to support this like the list of rules, edit rules, review transactions, and a screen to ask if you want to edit, merge, or create a new rule.  Of course, none of this worked perfectly when completed so there's been a lot of fixes to get everything to work right. I expect memorized transactions to be equally complicated.  Also, just to call out that just because some feature doesn't appear in the next release doesn't mean we aren't working on it.  Like i said, we started renaming rules in November of last year but we released 5.9, 5.9.1, 5.9.2, 5.10.0, 5.10.1, 5.11.0, 5.11.1, and 5.11.2 after that date.

    I also wanted to thank you for your detailed explanation and use cases for a  customizable home page and reconciliation report.  These are very helpful and we do hear a fair number of people requesting the same thing.  Out of those 2, I think the reconciliation feature is probably a higher priority for customers that reconcile but that's probably because the home page isn't used by many people because it's not great.

    Anyway, thanks again for adding your input to the community and for keeping an open mind while making the switch to the subscription product.


  • Concordman
    Concordman Mac Beta Beta
    Regarding the renaming rules , the key in my case has been to determine if the downloaded name is quicken trying to do its thing or the card company. So b4 selecting name provided by Quicken make sure what you observe in the register is not directly from the CCRD downloads.
  • Concordman
    Concordman Mac Beta Beta
    edited August 2019
    Also wanted to volunteer that the addition of the Security symbols is  very nice; definitely helps register appearance if you don't have a "huugh" screen , also nice for searching .
  • glennmacc
    glennmacc Member ✭✭✭
    smayer97:

    CORRECTION: These have been implemented.
    * Add investment income on budgets
    * Investment Dividends in Budgets

    Dividends are implemented, but Capital Gains are not, at least not reinvested Capital Gains. See my note above. The automatic category assignment for reinvested capital gains does not allow them to be included in the budget. If you create 2 transactions for your capital gains (a capital gains income and a buy of the security), I think it will work, but that doubles the required effort and for me personally, I do not want to go back through lots of old data to make this change. I'm hoping this will be fixed so I don't have to.
  • jonbud39
    jonbud39 Member ✭✭
    "You can also always go to your Quicken account and download it" Thats what I did and no luck. But I finally found 5.11.2 in one of backup folders. What happened, when I downloaded 5.12 on my 2016 MacBook Pro it went thru ok but when I opened 2018 MacBook Pro to download 5.12, I got an empty folder message.
  • jacobs
    jacobs SuperUser, Mac Beta Beta
    @jonbud39 You can always safely just move the application from one Mac to another if you're in a circumstance like you described. 
    Quicken Mac Subscription • Quicken user since 1993
  • mark303
    mark303 Member ✭✭
    Can anyone post the release notes for the new version? I'd like to understand the changes before I update.

    Also, are there any improvements to the multi-currency aspects of the product. In particular, I wish there was a way to see a combined net worth (balance sheet) statement and category statements as opposed to seeing them by currency.
  • jacobs
    jacobs SuperUser, Mac Beta Beta
    @mark The post by product manager Marcus at the start of this thread are essentially the release notes written in fuller sentences, but I've included the actual release notes below. Release notes can always be found here, but that page has not yet been updated to include the 5.12 release notes. 

    To answer your other question: There are no significant changes noted regarding multi-currency functionality in this release; one bug fix is noted.

    Version 5.12.0 (August)

    5.12 is a really big release with lots of new and improved features.

    Set renaming rules for better transaction payee names
    • NEW Renaming a payee will automatically create a rule so that you won't have to rename it in the future.
    • NEW Go beyond the basics and specify detailed rules for payee renaming precision.
    • NEW You can now define Payees that you don’t want renamed. The Payee name will stay as is when it comes from the bank.
    • NEW Sync renaming rules so that mobile and web transactions are downloaded just like they are on Mac.
    • NEW With the push of a button, rename existing transactions and correct past payee naming mistakes.
    • NEW View, add, modify, or delete Renaming Rules in the new Payees and Rules window.
    Redesigned scheduled transactions for simplified use and control
    • NEW Rebuilt scheduled transactions to simplify setting up bills and income transactions.
    • NEW Edit the date and amount of an upcoming scheduled transaction without changing all future transactions. This is ideal for updating credit card payments or other bills that change from month to month without impacting the default amount you like to use for projected balances and cash flow.
    • NEW Have Quicken automatically enter a scheduled transaction on the due date or a specified number of days prior to the due date.
    • NEW Use the new convenient scheduled transaction toolbar to mark as paid, skip, or edit.
    • NEW Added New Income button to create an income scheduled transaction.
    New report tools make tweaking reports a snap
    • NEW Quickly customize and make ad-hoc changes to reports using the new report toolbar where you can set the type, row, column, and time interval.
    • NEW Duplicate a report to make minor tweaks. 
    • NEW Quickly create a transaction, summary, or comparison report from the menus. You'll also be able to customize and select the time frame, accounts, categories, tags, and payees before creating the new report.
    • NEW Rename reports by clicking on the report name.
    • FIXED Fixed an issue where multiple total lines would appear when switching currencies.
    More investment improvements
    • NEW Added a new Average Cost Per Share column to the Portfolio view.
    • NEW In the investment transaction register, added the Investment Amount column so you can see the value of reinvested dividends. Also added the symbol column for easier transaction review and clarity.
    • FIXED Fixed an issue where Quicken wasn't recognizing the tax-free flag on a security.
    • FIXED Fixed an issue where dividend transactions were being duplicated. This would occur when the dividend was reinvested on the next day and turned into a Reinvested Dividend and the original dividend wasn't getting properly deleted.
    Other new features and fixes
    • NEW Added a new Adjust Account Balance feature. Tell Quicken what the account balance should be on a certain date and Quicken will add an adjustment balance for you. Define the adjustment transaction as a "Live" balance adjustment meaning that the adjustment amount changes if any transactions are added prior to the adjustment date.
    • NEW Creating a manual account now includes the ability to add an opening balance.
    • NEW Added the ⌘+0 key command to reset the register text size to the default.
    • NEW Quicken now displays a What's New carousel when launching the upgraded app for the first time to highlight new features. Also added menu items for What's New and Release Notes under Help.
    • FIXED Fixed a calendar issue where past due scheduled transactions weren't being included in balance calculations.
    • FIXED Fixed an issue when exporting to QXF where the Add Shares date is used for the acquisition date.
    Quicken Mac Subscription • Quicken user since 1993
  • Gilles99
    Gilles99 Member ✭✭
    Impossible to choose some columns on a MBA 13"

    I have a MBA 13"
    If I want to add columns or remove one
    I right click the column title bar
    which bring a drop down menu showing which are shown or not and we can click to add or remove the click for the ones we want to remove

    I cannot see the bottom items, with a MBA 13" as no scrolling is possible and the list goes beyond the screen at the bottom
    see image attached
  • RickO
    RickO SuperUser, Mac Beta Beta
    Try menu View > Columns. 
    Quicken Mac Subscription; Quicken Mac user since the early 90s
  • jacobs
    jacobs SuperUser, Mac Beta Beta
    @Gilles99 Try moving your Quicken window down to it touches the bottom of your screen, or hiding your Dock.

    I'm puzzled, because when I make my Quicken window (on a larger Mac) the smallest it can be, the pop-up Columns menu is the same height as the Quicken window -- so I'm not sure it isn't fitting on your screen. I can't tell from your screenshot: is your Quicken window is filling the full height of the screen, minus the Dock?
    Quicken Mac Subscription • Quicken user since 1993
  • Gilles99
    Gilles99 Member ✭✭
    @jacobs
    I find a way by using the Quicken Menu --View--Columns..

    Quicken should make it that the drop down menu is scrollable, meaning as we go down, it moves things up ( not necessarely a scroll bar per se )

    Thanks for your suggestion
  • Gilles99
    Gilles99 Member ✭✭
    @RickO

    Yes I found this, useful, at least it is workable

    Thanks
  • Gilles99
    Gilles99 Member ✭✭
    > @jacobs said:
    > is your Quicken window is filling the full height of the screen, minus the Dock?

    Yes it is filling the full height, I do not hide the dock, so minus the dock
  • Quicken Marcus
    Quicken Marcus Administrator, Employee ✭✭✭✭
    smayer97 said:
    @Quicken Marcus
    although renaming rules and memorized transactions do go hand in hand, it is not clear from your statements on this subject if auto-categorization is being factored in. Not sure how you have QMac handling this now, but this could be a totally separate process. That is what I believe @jacobs is trying to bring to your attention... there does not seem to be clear language about the problems with auto-categorization so it is unclear if these are (or were) addressed.

    Payee renaming rules imply only dealing with renaming payees, memorized transactions only imply saving and reusing saved payees and related transaction data (categorization, splits, memos, amount). Renaming rules ought to work well with newly downloaded data and memorized transactions ought to work well with manually entered data. Neither of these directly suggest anything about auto-categorization of newly downloaded data. It may be implied but it is not explicitly clear.

    Please clarify.
    When I talk about memorized transactions I'm referring to both the functionality to auto-fill fields of the transaction based on memorized sets of information including the category for downloaded transactions and to present these sets of information when creating new manual transactions.  For example, you can define 3 sets of information (memorized transactions) for Amazon:
    1) Category = Electronics & Software, Tag = Personal
    2) Category = Electronics & Software (Business), Tag = Business and
    3) Category = Office Supplies (Business), Tag = Business

    When we download Amazon, we'll use an algorithm to pick one of these groups and most likely I think we will pick the last one used but we could also pick the one used most often.  If we get it wrong the user will be able to click on an arrow to display all 3 options to pick from to quickly fill in the category and other important information.  

    We will use memorized transactions to define categories for downloaded transactions based on renamed payees overriding any generic auto-categorization done via our aggregation service.  Does that make sense?
  • Shing
    Shing Mac Beta Beta
    > @Quicken Marcus said:
    > (Quote)
    > Gilles99, thanks for letting me know.  It's OK.  Our Care team will also give customers 5.12 if asked.  We're still paused because we want to fix the issue Randy hit with loan lengths changing and we'll also opportunistically fix some crashing issues that are low risk to fix.  We'll probably start rolling out again on Monday.


    Hopefully the team is also correcting a similar issue with loan payment schedules I reported during testing.
  • lemme14
    lemme14 Member ✭✭
    I am excited for the update, but it seems there is a cashflow bug. After I updated, I noticed that my projected balance for my checking account drops substantially around the first of the year (Jan 2020). After some investigation, it appears that our two bi-weekly paychecks skip the first deposit in the new year. So it basically goes from December 20 to January 17, skipping January 3. I tried changing manually to another interval and then changing back but it still has the same error.
  • smayer97
    smayer97 SuperUser, Mac Beta, Canada Beta ✭✭✭✭✭
    edited August 2019
    smayer97 said:
    @Quicken Marcus
    although renaming rules and memorized transactions do go hand in hand, it is not clear from your statements on this subject if auto-categorization is being factored in. Not sure how you have QMac handling this now, but this could be a totally separate process. That is what I believe @jacobs is trying to bring to your attention... there does not seem to be clear language about the problems with auto-categorization so it is unclear if these are (or were) addressed.

    Payee renaming rules imply only dealing with renaming payees, memorized transactions only imply saving and reusing saved payees and related transaction data (categorization, splits, memos, amount). Renaming rules ought to work well with newly downloaded data and memorized transactions ought to work well with manually entered data. Neither of these directly suggest anything about auto-categorization of newly downloaded data. It may be implied but it is not explicitly clear.

    Please clarify.
    When I talk about memorized transactions I'm referring to both the functionality to auto-fill fields of the transaction based on memorized sets of information including the category for downloaded transactions and to present these sets of information when creating new manual transactions.  For example, you can define 3 sets of information (memorized transactions) for Amazon:
    1) Category = Electronics & Software, Tag = Personal
    2) Category = Electronics & Software (Business), Tag = Business and
    3) Category = Office Supplies (Business), Tag = Business

    When we download Amazon, we'll use an algorithm to pick one of these groups and most likely I think we will pick the last one used but we could also pick the one used most often.  If we get it wrong the user will be able to click on an arrow to display all 3 options to pick from to quickly fill in the category and other important information.  

    We will use memorized transactions to define categories for downloaded transactions based on renamed payees overriding any generic auto-categorization done via our aggregation service.  Does that make sense?
    Thanks Marcus for clarifying...that description is more explicit. The key is confirming that memorized transactions are used when auto-categorizing.

    The problem is that this is not explicit in the Release Notes, so it was unclear if that is what is actually being done. It apparently was being done before it broke many many months ago. So, taking your description at face-value suggests that this has been corrected. It will be nice if it works as designed. 
    If we get it wrong the user will be able to click on an arrow to display all 3 options to pick from to quickly fill in the category and other important information.
    This will be a nice feature too to deal with corrections. Is there any attempt to remember the last option used from these 3?

    Also, none of this is included in the Release Notes above. Could these be added in?

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  • jacobs
    jacobs SuperUser, Mac Beta Beta
    smayer97 said:
    Also, none of this is included in the Release Notes above. Could these be added in?
    I think you are reading this wrong; Marcus is discussing future functionality which has not yet been released.
    Quicken Mac Subscription • Quicken user since 1993
  • schnuddel
    schnuddel Member ✭✭
    I attempted the 5.12.1 Update and "[t]he accounts in this file are corrupt (invalid typeName values) and cannot be repaired." Restoring automatic backups from today and last week generate the same error. I re-installed the prior version and restored the pre-update backup successfully. What must I do before trying again?
  • Quicken Marcus
    Quicken Marcus Administrator, Employee ✭✭✭✭
    schnuddel said:
    I attempted the 5.12.1 Update and "[t]he accounts in this file are corrupt (invalid typeName values) and cannot be repaired." Restoring automatic backups from today and last week generate the same error. I re-installed the prior version and restored the pre-update backup successfully. What must I do before trying again?
    I'll reach out to you directly.  We'll work together to figure out what is going on.
  • Quicken Marcus
    Quicken Marcus Administrator, Employee ✭✭✭✭
    lemme14 said:
    I am excited for the update, but it seems there is a cashflow bug. After I updated, I noticed that my projected balance for my checking account drops substantially around the first of the year (Jan 2020). After some investigation, it appears that our two bi-weekly paychecks skip the first deposit in the new year. So it basically goes from December 20 to January 17, skipping January 3. I tried changing manually to another interval and then changing back but it still has the same error.
    Let me reach out to you directly.  We did overhaul scheduled transactions so you might have uncovered an issue.  Thanks for reporting this issue.
  • Quicken Marcus
    Quicken Marcus Administrator, Employee ✭✭✭✭
    Shing said:
    > @Quicken Marcus said:
    > (Quote)
    > Gilles99, thanks for letting me know.  It's OK.  Our Care team will also give customers 5.12 if asked.  We're still paused because we want to fix the issue Randy hit with loan lengths changing and we'll also opportunistically fix some crashing issues that are low risk to fix.  We'll probably start rolling out again on Monday.


    Hopefully the team is also correcting a similar issue with loan payment schedules I reported during testing.
    Yes, we think we fixed the loan payment schedule issue but let us know what you find.  We still see issues like it's not refreshing with every change but we'll continue working on it through 5.13.
  • Quicken Marcus
    Quicken Marcus Administrator, Employee ✭✭✭✭
    jacobs said:
    smayer97 said:
    Also, none of this is included in the Release Notes above. Could these be added in?
    I think you are reading this wrong; Marcus is discussing future functionality which has not yet been released.
    smayer97, you asked about memorized transactions.  5.12 doesn't have any memorized transaction functionality other than what was there in 5.11.  The full feature is indeed future stuff. 5.12 has the renaming rule feature. 

    Also, I wasn't aware that auto-fill based on the last transaction was broken.  
  • smayer97
    smayer97 SuperUser, Mac Beta, Canada Beta ✭✭✭✭✭
    jacobs said:
    smayer97 said:
    Also, none of this is included in the Release Notes above. Could these be added in?
    I think you are reading this wrong; Marcus is discussing future functionality which has not yet been released.
    smayer97, you asked about memorized transactions.  5.12 doesn't have any memorized transaction functionality other than what was there in 5.11.  The full feature is indeed future stuff. 5.12 has the renaming rule feature. 

    Also, I wasn't aware that auto-fill based on the last transaction was broken.  
    You're right. I was not reading this as FUTURE functionality... I do not see this in the description... So if I am understanding this now, auto-categorization issues are not addressed in the 5.12 release? I think I am more confused as to what is being delivered in 5.12 vs what is not.

    Is it just me or is better wordsmithing needed?

    It is not auto-FILL that is broken but auto-CATEGORIZATION of downloaded transactions that users have been complaining about in this forum for MANY months. It used to work fine but not lately (for quite some time).


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  • moski
    moski Member ✭✭
    The upgrade went just fine for me this morning, at least as far as I can tell. I haven't really tried to use any of the new features yet but the old ones still seem to work. My question is about the "Investment Amount" column added to Investing transactions. I can't figure out what that's for. What does "so you can see the value of a Reinvested Dividend" mean? To me it's always been pretty clear what the value is, because I can see how many shares were purchased and what the cost was. What am I missing?
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