Almost four years after the mid-2006 release of Quicken Mac 2007, Intuit has finally released Quicken Essentials for Mac. Of course, it only took the company two years of empty promises to update the financial software.
The revamped software, written from the ground up for Mac OS X, includes such features as a new Mac-like user interface, more efficient categorization using an algorithm similar to Mint.com (a money management web app acquired by Intuit in 2009), connection to 12,000 banks and financial institutions, and conversion software to transfer data from earlier Mac versions and Windows versions of Quicken or MS Money. The number of financial institutions is expected to increase to 18,000 by the end of the year. Quicken power users, however, may be dismayed to learn that the new Quicken for Mac lacks investing and planning tools, investment buy and sell tracking, TurboTax integration, and in-app bill pay.
Intuit offers Quicken Essentials for Mac by download or CD-ROM for $69.99.
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