Initial thoughts about Quicken for Mac

tcolyer

Kudos to the Quicken Mac Team from a decades-long user (on my Mac) of Quicken for Windows! When I last looked at the Mac product, it was so inferior I dismissed it as an option for myself. This current Mac product (Version 7.7.2 with OS 13.5.1), however, is quite excellent and a happy discovery since I’ve had lots of issues lately using the Windows product on my Mac. 

I do have a few problems/questions with Quicken for Mac and hope someone can give me guidance in solving them. 

1.I have a Traditional IRA money market account at AllyBank which doesn’t seem to fit the current Mac accounts-type template. I want to download detailed IRA transactions just as I do in my AllyBank checking and regular money market accounts. But if I categorize the IRA as an IRA, there is no available connection method (Quicken connect or Web connect) which provides other than Simple Tracking with no transaction detail. To get that detail I am required to categorize this IRA as a regular money market or savings account. This makes no sense because it belongs in the Retirement category. Perhaps I am doing something wrong but I’ve worked this problem long enough to be at a loss for how to fix it.

2. Is there a way to re-order the listing of Accounts in the Sidebar in a way other than      Quicken’s default alphabetical order? (The Windows version lets me arrange accounts in any order I choose within each account category.)

3. In the Investing Portfolio, is there a way to expand the Column Menu to add Price/Book Ratio, PEG Ratio, Price/Earnings Ratio, and Dividend Yield? (All are available in Quicken for Windows.)

4. Is there a way to move my Saved Reports file in my Windows product over to my Mac  product? (I have many years of saved Reports in my Windows product that I would like to save in the Mac product and use to build similar future Reports.)

5. Is there a place to save an account’s Statements except in the Register as an attachment to a specific entry? (In the Windows product, there is a sub-file for each account containing all of its statements in one place. That structure makes it easier to find and access statements.)

Thanks for considering these thoughts and asks.

Jon

1. I don't think there's anything you can do to fix this. Quicken Mac assumes that an IRA is a brokerage account; if you have an IRA that isn't a brokerage account then you'll have to pick a different account type (as you did) but then it won't show up under the Retirement category. There was a suggestion to allow users to move accounts to different categories but I believe they shot that down as being too difficult to implement, so I'm not optimistic that they would ever add non-brokerage IRA accounts as an option.
   
   Part of your problem here is that Ally currently doesn't support downloading IRA accounts to Quicken. You may have found some sort of loophole that partly works but there's no official support for this from Ally either.
   
   
2. At present you can't change the order of accounts in the sidebar. They are considering allowing users to do that, you should add your vote to this suggestion.
   
   
3. No. There's an existing suggestion to display dividend yield that you can vote for. You can make a suggestion post over here for the other columns you'd like to see.
   
   
4. I don't believe there's any way to move reports from Windows to Mac.
   
   
5. No, Quicken Mac doesn't have a good way to save account statements.

tcolyer

Thanks so much for this feedback, Jon!