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Welcome to Quicken
W
elcometoQuicken,MicrosoftMoneyuser!Thisdocumentwillhelp
explainsomeofthesimilaritiesandafewdifferencesasyoustartusing
Quicken.We’lltalkaboutwhatyouareusedtoseeinginMicrosoftMoneyand
whatthesameprocesslookslikeonyourQuickenscreen.Alongtheway,you’ll
seethemanyfeaturesthatQuickenoffers.
ConvertingYourDataFiles
fromMoneytoQuicken
AsyoupreparetoconvertyourMoneydatafilestoQuicken,thereareafew
thingsyoucandoinMoneytomaketheconversioneasier.Reviewyourfiles
asshownhere,andensurethatallofyourMoneyrecordsarecompleteand
uptodate.
IfyouareconvertingMoneydatafilestoversionsofQuickenpriortoQuicken
2010,seetheinformationIntuithasavailableathttp://quicken.intuit.com/
supportandtypeMicrosoftMoneyintotheSearchbox.
BeforeYouStartYourConversion
Toensureasmoothtransition,firstreviewyourMoneydatafiles.Performing
eachofthefollowingactionswillimprovethechancesofagoodconversion:
CleanupyourPayeelisttoensuretherearenoduplicatenamesbecauseof
mistyping.It’saloteasiertodothisbeforeyouconvertthantotakethetime
afterwards.
ReviewyourCategorylistandremoveanythatareunused.
Reviewyouronlinerecurringpaymentsandcalendartoensureyouhave
stoppedthem.You’llbesettingthemupagaininQuicken.
CheckthatyourfinancialinstitutioncandownloadintoQuicken
(mostcan)andhowthatdownloadisaccomplished.Toseewhat
downloadtypesareprovidedbyyourfinancialinstitution,goto
http://quicken.intuit.com/support/windows.jsp.
Reconcileallofyouraccountspriortoconverting.
Ensurethatallofyourdownloadedtransactionsarecompleteand
uptodate.
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Text select tool pdf - VB.NET PDF Text Search Library: search text inside PDF file in vb.net, ASP.NET, MVC, Ajax, WinForms, WPF
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ReviewyouraccountnamesinMoneytoensuretheyarelessthanthe
Quickenmaximumcharacterlength(40characters),andchangethemif
necessary.
ConsiderrunningarepaironyourMoneyfilebeforeyoustartthe
conversiontoensurethatnoproblemsexistinyourfile.
YourMoneycategorynames,payeenames,andnotesandmemosdonothave
thissame40-characterlimit,andtheQuickenfileconverterwilltruncate
filenamesifneeded.
BothQuickenandMoneyare,bydefault,installedintheProgramFilesfolder
onyourmainharddrive(usuallythe“C”drive).However,youcankeepyour
datafilesinwhateverfolderyouchoose.AfteryouhaveinstalledQuicken,itis
timetoconvertyourfiles(thosewiththefileextension.mny)fromMicrosoft
MoneytoQuicken.
Inordertoconvertyour.mnyfiles,youmusthavebothQuickenandMicrosoft
Moneyinstalledonthesamecomputer.
Youshouldhavenoproblemconvertingallofyourbanktransactions,your
checking,savings,creditcard,andinvestmentaccounts.Likewise,yourcategory
andothernameinformationshouldalsoconvertcleanlyafteryouhavemadeany
necessarychangestothenumberofcharactersineachname.Rememberthatany
recurringpaymentsyouhavesetupinMoney,suchasmonthlyinsurance
payments,willhavetobecanceledinMoneyandresetinQuicken.
ConvertingYourMoneyFiles
Quicken2011canconvertMicrosoftMoneyPlusandMoney2008files.Ifyou
haveanearlierversion,asofthedateofthiswriting,youcandownloadatrial
versionofMoneyPlus(2008)fromtheirdownloadwebsite.
MicrosofthasalsomadeaSunsetversionoftheprogramavailable.Asall
onlineandsupportservicesendinJanuary2011,theSunsetversionallows
Moneyuserstokeeptheirdataandenternewitemsmanually.Thislinkistothe
MicrosoftDownloadCenter,whereyoucandownloadthisversion:
http://www.microsoft.com/downloads/en/confirmation.aspx?FamilyID=
60302e1e-207e-4710-ac80-d19c22e47488&displaylang=en.
ConvertyouroldMoneydatafilestoMoney2008files,andconvertfromthe
2008filesintoQuicken.Beforeyoustartyourconversion,verifythebalancesin
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eachofyourMoneyaccounts.Printalistofthesebalancestocomparewithyour
Quickenbalancesaftertheconversion.Toprintthelist:
1.InMoney,clickAccountList.Ensurethateachofyouraccountsisdisplayed.
2.ClickFile|Printtoprintthereport.
Then,checktheseaccountbalancesaftertheconversiontoensurethe
informationhascomeacrosscleanly.
BegintheConversion
Tobeginconvertingyour.mnyfiles:
1.InstallandlaunchQuicken.TheWelcomeToQuickenwindowappearsas
seeninFigure1.
2.AsseeninFigure1,fromthethreechoicesavailable,chooseIWantTo
ImportMyDataFromMicrosoftMoney,andthenclicktheGetStarted
button.
3.AblankQuickenHomepageopensasseeninFigure2.
4.Quickenwilllocateyour.mnyfileandstarttheconversionautomatically.
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Figure1•TheWelcomeToQuickenwindowletsyoutellQuickenhowyouwanttobegin.
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5.Quickenstartstoconvertthe.mnyfileonthiscomputer.Iftheconversion
doesnotstartimmediately,clickFile|FileImport|MicrosoftMoneyfile
asseeninFigure3.
©2010TheMcGraw-HillCompanies
Figure2•FromablankQuickenHomepage,youcanmanuallyimportyourMicrosoftMoney
datafile.
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An advanced PDF annotating tool, which is compatible with all Windows systems and supports Click to select drawing annotation with default properties. Text box.
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6.Amessageboxappearsshowingtheprogressofthefilebeingimported.
Afterthefileshavebeenconverted,amessageboxappearstellingyouthat
yourMicrosoftMoneydatafilehasbeenimported,asseenearlier.ClickRead
NextStepstoseealistofstepsyoumaytaketoensureasmoothconversion.
ClickClosetoclosetheHelpdialog.YourconvertedfileopenstotheHome
tab’sMainView.
YouimportyourMoneydatafilesintoanew,emptyQuickenfile.Donottryto
convertMoneydatafilesintoanexistingQuickenfilewithdatainit.Ifyoutry
todothis,youwillseeamessagewarningyouthatyou’llhavetocreateanew,
emptyfileasseennext.ClickCreateFiletodoso.
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Figure3•YoucanalsousetheFilecommandtoimportyourMicrosoftMoneyfile.
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Ifyouseewarningorerrormessagesduringtheconversionprocess,suchasthe
onesshownhere,clickHelp|QuickenSupportfromtheQuickenmenubaror
chooseHelp|QuickenLiveCommunitytoseeifthereisaknownissueabout
yourerror.Youcanalsovisithttp://quicken.intuit.com/support/articles/
data-file-management/import-and-export/1703.html.
WarningMessages
Duringtheconversionprocess,youmayseethefollowingwarningmessages:
WARNING:OneormoreaccountsinMoneyisinthemiddleofa
reconciliation.
WARNING:Accountbanknametruncatedto:…
WARNING:Transactionmemotruncatedto:…
WARNING:Payeememotruncatedto:…
WARNING:Addressnotestruncatedto:…
Asyoucansee,someoftheseerrorsrefertoissuesthatyoufixedifyou
followedthe“BeforeYouStartYourConversion”tipsprovidedearlierinthis
chapter.
UsingtheViewLog
Aftertheconversioniscomplete,iftherearesomediscrepancies,Quicken
displaysamessageaskingyoutoviewalogfileofthedifferences,asseennext.
ClickViewLogtoseethelistandexplanation,asseeninFigure4.
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YoucanseethisfileatanytimefromwithinQuicken.FromtheQuicken
menubar,clickHelp|LogFiles|MicrosoftMoney:FileImportResults.
FirstStepsinQuicken
Afteryouhavecompletedyoursuccessfulconversion,thereareafewstepsyou
shouldcompletebeforecontinuing.
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Figure4•QuickenexplainsanydiscrepanciesfoundafterimportingyourMoneydatafiles.
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Reviewyouraccountandpayeenamestoensuretheyconvertedproperly.
Becauseoftheslightdifferencesbetweenthetwoprogramsinmaximum
characterlengthandpermittedcharacters,youmayneedtochangethe
namesofsomeofyourpayeesoraccounts.
SetupyouraccountsforTransactionDownloadandOnlineBillPay.Any
instructionsyouhadinMoneymayneedtoberesetinQuicken.
Setyourrecurringpayments.Ifyoustoppedthemtherewon’tbeany
duplicatepayments.
Checkyouraccount’sbalances.Therearesomedifferencesbetweenhowthe
twoprogramsrecordinformation.Asanexample,Quickenseparatesthe
cashportionofyourinvestingaccountintoabankingaccount,whileMoney
includedthislinkedcashaccountintheinvestingtotal.
RememberthatifyouhadtwoseparatefilesinMoney,youwillhavetwo
separatefilesinQuicken.Forexample,ifyouhadafilecalledFamilyBusiness
andanotherfilenamedHomeAccountsinMoney,youwillhavetwofilesin
Quickenaswell.Youcannotcombinethetwoduringtheconversion.
Review,andifnecessary,adjustinformationonloanswithballoonpayments.
Moneystorestheamountoftheballoonpayment,whileQuickenstoresthe
balloonamortizedlengthandwilltrytoestimatethelengthduringthe
conversion.
Createanewretirementplanand,ifnecessary,anewbudgetusingthetools
foundinQuicken.TheinformationyoucreatedinMoneydoesnottransfer
intoQuicken.
IfyouwereusingMicrosoftMoneyHomeandBusiness,allofyour
accounts,categories,transactions,payees,andscheduledbillswillbequickly
convertedintoQuickenHomeandBusinessedition.However,someofthe
morespecificinformation,suchasinventory,project,andcustomerdata,
doesnotcarryover.
YourQuickenaccountsareshownontheAccountBarattheleftoftheQuicken
window.YoucanalsoseethemintheAccountList.OpentheAccountListby
pressing
CTRL
-
A
orclickTools|AccountListfromtheQuickenmenubar.
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Toshowtwolinesinyourregister,fromanyaccountregister,clickAccount
ActionsandclickTwo-lineDisplayasshownhere.Totogglebetweenone-and
two-linedisplayforInvestmentTransactionlists,useEdit|Preferencesandselect
InvestmentTransactionsintheSelectPreferenceTypepane.IntheListDisplay
drop-downmenu,selectOneLineorTwoLine.
BillsTab
TheBillstabinQuickenprovidesallofyourbillinformationinonelocation.
Allofthebillsyouhavescheduledappearonthelist,andyoucanaddnew
reminderswithasimpleclick.
Table1givessomecomparisonstowhatyouseeinMicrosoftMoney.
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Table1•ReviewingandPayingBillsinQuickenversusMicrosoftMoney
ProjectedBalances
Quickencantellyouwhattheprojectedbalancesofany(orall)ofyouraccounts
willbebasedonthetransactionsyouhavescheduled,asseeninFigure5.Inthe
Billstab,clickProjectedBalances,andselecttheaccountandtimerangeyou
wanttosee.ThisissimilartotheForecastCashFlowinMoney.
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Calendar
ClickBills|ViewAs|Calendartosee
ClickBills|BillsSummary|Show
acolorfulandcompletecalendar.Simply Calendar|EnterInRegistertoopenthe
double-clickorright-clickabilltoenter
RecordPaymentwindowintoanaccount.
thetransaction.
Recurring
InQuicken,recurringpaymentsare
SwitchtoAdvancedBills,andclickthe
Payments
calledreminders.Tosetupanew
Billstab.FromtheBillsSummarypage,
reminder,simplyright-clickatransaction
clickNew|transactiontype.Complete
inanaccount’sregister.Fromthe
theCreateARecurringBilldialog,and
contextmenuthatappears,click
clickOK.
ScheduleBillOrDeposittoopenthe
AddTransactionReminderdialog,as
discussedearlierinthisbook.Youcan
alsoclicktheAddReminderbuttonin
theBillstabbuttonbar.
PrintingChecks Fromanyaccount’sregister,selecta
ClickBanking|AccountListaccount
transaction.FromtheCheckNumber
name.Right-clickintheNumfieldand
drop-downlist,selectPrintCheck.Click
thenchoosePrintThisTransaction|
File|PrintCheckstoopentheSelect
Enter.ClickFile|PrintChecks.
ChecksToPrintdialogandprint
thecheck.
Online
Activateonlinepaymentsthroughyour
Setupthroughyourbank,MSNBillPay,
Payments
bankorQuickenBillPayservice.
oranotherbill-payingservice.
FromtheAccountBar,right-clickthe
ClickBanking|AccountList|Common
accountname.ChooseEditAccountto
Tasks|ManageOnlineServices.
opentheAccountDetailsdialog.
ChoosetheOnlineServicestab.If
yourfinancialinstitutionoffersit,click
ActivateBillPay.SeeChapter5for
moreinformationaboutsettingup
onlinepayments.
Description
Quicken
Money
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