About Quicken

Quicken is an accounting solution for rental properties that comes with rent payment tools, which allow enterprises to track outstanding payments and send rent receipts to tenants. Additionally, its planning module lets users view tax returns and bank account expenses. What is Quicken?

Quicken is a solution that helps businesses manage payment collection and track property value. The product comes with rent payment tools, which allow enterprises to track outstanding payments and send rent receipts to tenants and provides features such as credit checks, tenant portal, personal finance, online payments and tax management.


How do you use Quicken?

Quicken can be used as an on-premise or cloud solution on both mac and windows devices. Through the dashboard, users can save tenant contact information, rental rates/agreements, security deposits and lease terms while the planning module lets users view tax returns and bank account expenses.


Who uses Quicken?

Quicken can be used by small business owners and property managers who need assistance with bill and payment tracking.


How much does Quicken cost?

Quicken provides three pricing plans for both windows and mac systems with a starter, deluxe, and a premier plan. The starter plan is priced at $35.99 per year and comes with standard accounting features. The deluxe plan is priced at $46.79 per year that includes customized budgets, debt tracking , and savings management. The premier plan is priced at $70.19 per year that simplifies tax calculations, provides premier customer support, and free online bill payments. An additional Home & Business plan can be purchased for windows systems for $93.95 per year that categorizes business and personal expenses.


Does Quicken have an app?

Quicken has an app available on both IOS and Android Devices.


Quicken Software - Quicken Simplifi
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Quicken Software - Quicken LifeHub
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Quicken video
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Quicken pricing

Quicken does not have a free version. Quicken paid version starts at USD 47.99/year.

Starting Price:
USD 47.99/year
Free Version:
No
Free trial:
No

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Quicken Reviews

Feature rating

Value for Money
3.8
Functionality
3.9
Ease of Use
3.9
Customer Support
3.5
5 reviews of 444 View all reviews
Nicholas
Nicholas
  • Industry: Construction
  • Company size: 51–200 Employees
  • Used Monthly for 2+ years
  • Review Source
Value for Money
4
Functionality
3
Ease of Use
3
Customer Support
4

4
Reviewed on 19/08/2024

May Not Be Easy For A Typical User

I have used Quicken for over five years and I have like using it, however, I have recently been shopping around for other options that allow me to take my finances online. I have seen Quicken has an online option now and I will be considering that when making the switch.

Pros

You are able to setup Quicken to sync transactions with your various bank and financial institutions. If you have the skills and proper data entered, you are able to run reports with valuable information.

Cons

Quicken isn't always user friendly. I'm an accountant who has worked with many financial software, so I can work my way through it, but it isn't always user friendly. I also do not love how Quicken treats transfers between accounts as income and expense.

Deborah
  • Industry: Real Estate
  • Company size: 2–10 Employees
  • Used Weekly for 1+ year
  • Review Source
Value for Money
5
Functionality
3
Ease of Use
5
Customer Support
5

4
Reviewed on 02/12/2024

Good Value for home use

Overall it was a good experience for the ease of inputting information and the price. It just did not do everything that I needed it to.

Pros

The value for the price. Compared to other accounting software - it is much more cost effective.

Cons

For a small business it was missing some key components like payroll. Only have 1 employee but payroll is a must.

Alternatives Considered

QuickBooks Desktop

Reasons for Choosing Quicken

Trying to save money but in the end having to go back to quickbooks for the features. Kept Quicken for home use.

Switched From

QuickBooks Desktop

Reasons for Switching to Quicken

Cost was the main factor and it had been recommended by a friend.
Doug
  • Industry: Real Estate
  • Company size: Self Employed
  • Used Weekly for 2+ years
  • Review Source
Value for Money
2
Functionality
2
Ease of Use
1
Customer Support
2

2
Reviewed on 28/03/2024

Poor Customer service

I have used Quicken for more than 10 years. In the past few years, the Quality of the updates has been poor and the price has gone up. Customer service has declined in Boise office. Guatemala service is better but still language problem. Do not start with Quicken Home and Business!
Letter to the current [sensitive content hidden] of Quicken
I have contacted Quicken, according to your records at least 6 times this year 2024. I have been a customer for at least a dozen years.
The problem was finally resolved today 3/11/2024. It was related to files that go back in time and or the size of the file. I cannot imagine it is the size nor the date, it just does not make sense to me. However today, thanks to a person in Guatemala it was resolved after approx 2 hrs.
I really am upset that after speaking with a person in Boise last week for almost 2 hrs (#10890242) I was told it was an issue with my computer. I believed him, because I had spoken with numerous to Quicken support on that issue and the renaming error issue.
I have spoken with [sensitive content hidden] at your Boise office and they have extended my subscription for 6 mos.That is the best they can do for me! [sensitive content hidden], did confirm when looking at the notes I was told by the agent. That it was a problem with my computer blocking and I should take it in and get it checked. I did take it in!
But going back to the issue of my time and not correct advice, I spent $175.00 to have my computer checked, I was told by your employee that was the issue. It was not, according to [sensitive content hidden], the correct procedure was to escalate the problem. That was not done according to the notes, case #10890242. If it would have been escalated, I would not have incurred the expense. I still would have 15 or 20 hours of my time.
I have to keep Quicken to run the rental properties I own. I need the data in case I am audited. So I would have to switch to another program or continue with Quicken. I would prefer to stay as switching would require substantial time and effort for a 74 year old person.
My time and for that part yours, on the support time is probably 15 hours or more. That does not include my hold time or the issue that I now have to add back all the passwords to the institutions and double check to make sure there are no issues.

If you do not think that is fair, then I will have no choice but to continue with Quicken. But I will let other users know of my difficulties when they choose companies like yourself.
I do hope this note will help you in the future, as far as training and obvious flaws in the computer program.
I have run many companies including a number of my own. It is not the money, it is my time! I also always wanted feedback from my customers to help me improve my companies and our services. I am sure you also want that for your many companies.

Pros

Was easy now difficult especially after updates

Cons

The value has gone out the window, I think this happened when they were bought

Randall
  • Industry: Accounting
  • Company size: 2–10 Employees
  • Used Daily for 1+ year
  • Review Source
Value for Money
3
Functionality
4
Ease of Use
5
Customer Support
1

5
Reviewed on 15/11/2024

Quicken. Easy to use

It’s good very easy to use no real problems

Pros

It is extremely easy to use and has very simple and understandable reports

Cons

It is only single entry accounting so it is limited

Jodi
  • Industry: Professional Training & Coaching
  • Company size: 2–10 Employees
  • Used Weekly for 6-12 months
  • Review Source
Value for Money
3
Functionality
4
Ease of Use
4
Customer Support
0

4
Reviewed on 21/11/2024

Quicken Review

Overall I think leveraging quicken for my accounting purposes relieves a lot of the work between myself and my bookkeeper.

Pros

The features and functionality of Quicken meet many of my business. The reporting is simple and easy to apply and access.

I think managing multiple businesses is good with this system. It has more of a scaleable feature.

Cons

there are times when making entries or correcting entries that I think the steps could be simplified. I also think creating custom reports could be easier in terms of formatting them report and customzing to logo and branding

Alternatives Considered

QuickBooks Online

Reasons for Switching to Quicken

We foudn the scalability to franchise to be better with quicken

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