I migrated from Money 2007(been using money since 2003) and a lot of necessary features just don't seem to work in Quicken or don't exist like they do in MS Money
For example the budget is all screwed up in that it doesn't take my bill and paycheck schuedule into account when calculating the monthly budget.
What it does is take my bi-weekly check amount, mutlitplies it by 26 then divides by 12 to come up with a monthly average. So now my quicken reports look like I've been shorted $300 of pay in January. That's not true because there are only 2 pay checks this month. The reason for this offset is because some months have 3 paychecks and it throws off the avereage. I don't care about the average, I need actual numbers to make sure I am earning and spending within my set goals
Second, how the heck do I reallocate budgeted funds from one category to another? In Money all I had to do was go to the budget window, right click on a category and then click reallocate and follow the prompts. Quicken either doesn't have this feature or I can't find it.
The reason I really need this feature is the way I have my budget set. I have X amount of money budgeted for food each month but when I enter transactions between food:groceries and food:dining out, not food because I want to know how I'm spending this money and if I need to make adjustments in my behavior. Also if I have any left over money in a category I want to move it to a general surplus category that I can use to spend else where the following month or roll over negative balances to the next month. For example if I spend more gas money than budgeted in January I borrow the overage from February.
It seems I'll need to do a lot of manual calculating and "offline" record keeping to know if I'm within my budget and if I have extra money to spend. This seems like useless product if this is the case.
For example the budget is all screwed up in that it doesn't take my bill and paycheck schuedule into account when calculating the monthly budget.
What it does is take my bi-weekly check amount, mutlitplies it by 26 then divides by 12 to come up with a monthly average. So now my quicken reports look like I've been shorted $300 of pay in January. That's not true because there are only 2 pay checks this month. The reason for this offset is because some months have 3 paychecks and it throws off the avereage. I don't care about the average, I need actual numbers to make sure I am earning and spending within my set goals
Second, how the heck do I reallocate budgeted funds from one category to another? In Money all I had to do was go to the budget window, right click on a category and then click reallocate and follow the prompts. Quicken either doesn't have this feature or I can't find it.
The reason I really need this feature is the way I have my budget set. I have X amount of money budgeted for food each month but when I enter transactions between food:groceries and food:dining out, not food because I want to know how I'm spending this money and if I need to make adjustments in my behavior. Also if I have any left over money in a category I want to move it to a general surplus category that I can use to spend else where the following month or roll over negative balances to the next month. For example if I spend more gas money than budgeted in January I borrow the overage from February.
It seems I'll need to do a lot of manual calculating and "offline" record keeping to know if I'm within my budget and if I have extra money to spend. This seems like useless product if this is the case.
