Changing from microsoft money to quicken
Also, once your data is in Quicken, you can also transition it to QuickBooks, which is a comprehensive small business accounting program. Click "Microsoft Money File," and select your Money data file in the file selector box.
Wait for Quicken to import it. The amount of time that the import takes will vary based on the size of your file and the speed of your computer, but five minutes is reasonable and 20 minutes is entirely possible for a very large and detailed file. The version of the data file you plan to import must match the version of Microsoft Money you have installed.
For example, to import a Money file, you must have Money installed, and to import a Money file, you must have Money installed. If you are in the process of reconciling your accounts in Microsoft Money, we recommend that you finish reconciling before importing because Quicken won't know where you are in the process if you import mid-stream. Money should not be running during the import process. Please exit the program before starting. Create a new Quicken data file.
Your Quicken data file must be empty in order for the import to work properly. After you have imported your Microsoft Money file, we suggest you read the article After importing your Money File into Quicken.
We'll import those payments into Quicken, but you'll have to set them up again to be paid online. Canceling your payments before importing ensures that you won't get duplicate bill reminders in Quicken when you sync up with your bank. Quicken currently does not support the import of this data. However, the rest of your data — your accounts, scheduled bills, categories and transactions — will be imported. Merging data from Money and Quicken: Quicken is not able to merge data from a Money file into a Quicken file.
It can only create a new Quicken file and then import your Microsoft Money data into it. Review your account and payee names to ensure they converted properly. Because of the slight differences between the two programs in maximum character length and permitted characters, you may need to change the names of some of your payees or accounts.
Any instructions you had in Money may need to be reset in Quicken. One of the few products they had that kind of work, must be making the rest of their stuff look bad. But I guess this is the logical conclusion, the last few updates did not add much but did eliminate features that I used, so now they eliminate all of the features.
I am currently using money on my computer. I never really use the online service at all. I intend to keep using since i really do not have any crazy needs but simply input my transaction everyday. So if you are using MS Money you should be able to reinstall and use Money I have used Money for a long time. Getting trasactions from downloaded from the bank has always been the big thing, and mine is going to expire in about 20 days.
You may be able to download data from the bank website into an OFX file which Money can then import. This should still work after Money expiration. Not sure if Quicken is working on an improvement. Only deposits and withdrawals. I will probably try it. If any one tries the conversion into Quicken, please let us know how it goes!
Microsoft says it is a Quicken issue. Quicken says it is a Microsoft issue. So nice that they offer it, though, in Quicken Deluxe Call Quicken owner Dan Gilbert. Robert A is correct, it does not work at all. I import my MS Money file and when ever you try to update from your Banks the program hangs. I too have been on the phone with Quicken Support for over 4 horus, they keep having me try the same things over and over again.
I have been instructed to upload my files Money and Quicken. That was 2. No one can give me any update on the problem. Qucken Support is totally usless and no one seems to have a clue. Sounds like a big marketing campain with no software to support it. However, neither can I! Can anyone help? Janet, I feel your pain. I tried the same things you did. I finally found the My Money.
I did, and that was the result of the search. I would never have found it and I doubt anyone else would. I finally decided to start fresh with Quicken Deluxe after ten years with Microsoft Money. I like Quicken. The clean start is working for me. Probably setup a wiki or something to see how many people are interested and collect ideas.
Is there already one? OK everybody, I tried the conversion and it worked quite well for me at least at first glance. The converter did its job quickly, and the new Quicken file opened up right away. I suppose that is just a matter of familiarity, and a Q user moving to MS would find the same thing. On that subject, MS now says they will make a verision of MSMoney that does not require product activation, by Jan 31, This is important if you think you want to use MSMoney indefinitely.
How do you ever back it up? Congratulations on being so brilliant. However, your pompous denigrating statements are not appreciated. I had to delete them manually. With over 30 years of transactions, the current balances agree between the two programs to the penny. Still a lot to get used to. However all the reviews seem to give Quicken a slight edge overall so I expect to be happy with it eventually.
Best wishes to everyone else in the same situation. Update — The Money to Quicken conversion continues to go well. Another issue has arisen that takes some time and effort to deal with. It seems Quicken wants to rely on its own download rather than the information stored in the Money file for historical share prices.
In some cases I was also able to manually import the data from financial websites into Quicken. Okay, I am trying to follow this, but I need some clarification before I start messing with it. I want to keep my data, obvi. I tried moneydance, but it was not great for me. I am hesitant to keep trying things, it is too frustrating!! My MS Money suddenly stopped entering transactions for next year It includes the total in the account register but does not display the transaction affecting the total.
The display options show that it will show current year only and I cannot change it. I thought I would be able to continue using MSM , if only manually, but apparently not. MS has killed it. The off line option is gone too.
With MS Money Standard version I also have nearly 20 years of data on Microsoft Money Plus and spend a considerable amount of time with it each day. My file is nearly 50 MB and is so important to me that I also backup to multiple locations… My main concern in moving to Quicken is whether information for an investment with multiple trades over time is accurate and reliable… I am still using Money Plus and hoping praying another firm will buy it from Microsoft before the cutoff date.
With the resources Microsoft invested into Money over the years, it must have tremendous value. I would think an investor would want to buy it from Microsoft… Without Money, Quicken will have a monopoly, so I would also think there are antitrust issues.
Does anyone know if there is a possibility that the Microsoft Money program will be purchased by another firm and continued? Peter: I have tried to keep up to date on the discontinuation of MS Money but have seen nothing about the possibility of someone taking over MS Money. Regarding the possibility of converting your data to Quicken, it went well for me. Warren, Thanks for the information.
Hopefully, interested parties are waiting until later this year to negotiate a better price from Microsoft. Also, the conversion may be smoother later in the year… It sounds like you when you were converting to Quicken, you ran both Money and Quicken simultaneously.
You may have completely switched to Quicken by now, and it sounds like you would stay with Quicken even in the unlikely event that Money is revived. When Quicken converts the Money file, it creates a new Quicken data file but leaves the Money file intact. In my case I ran them side by side and checked the end-of-month net worth amounts going back in time, to make sure all transactions and historical prices were correct in the Quicken version. It worked for me but as you can tell from the comments, does not work for others.
Do you think that it would be possible to convince MS to provide Online services which they are maintaining until Jan anyway to everybody? I live in the UK so my options of finance packages are limited anyway.
Also can you please help by telling me what I need to do to import the data over? Michelle, you need Money or installed and Money data updated to one of those. So if you are still using Money 97, you need to upgrade. See also the MSMoneyEnd. It seems a shame that you would have to purchase Money or at this point, just for the conversion.
And they are no longer available for purchase from MS. I think you would not have a guilty conscience under these circumstances. Or maybe foolish of me to even think this could the MS or Quicken support people have some way to help you? Michelle, Warren, you can probably just use one of the trial versions of money or see the wiki for more info which are free and last 60 days enough to import the data to Quicken. I checked and the download is still available. Thanks forthe comeback Michael.
MSN ,Bills and Deposits does not function beyond the end of So I must have a more primal version. I can enter data manually in each register though. Not what I would like to do forever.
Oddly version was frozen even though I choose to maintain both programs, refusing to delete I tried to purchase it but the MS site will not allow it. It will expire in 60 days. On to Quicken deluxe. The cover does not seem to maintain stock portfolio data similar to MSM…but is available in Priemier edition. Also MSN Money no longer maintains its portfolio manager. So how can I maintain my portfolio? This is not good.
Ok — so we can import the files but the balances dont add up. We can see what MS Money says we have in our bank accounts, but Quicken gives us a completely different amount.
This includes Money Plus and older versions as well. Sign in to vote. Any advice is appreciated. Saturday, November 17, AM. Money has 'Convert Quicken File' on the File menu. Does this not do what you want? Regards, Jonathan. Saturday, November 17, PM. Yes, that is what I want to do. Edited by rustyfender04 Wednesday, November 21, AM. Wednesday, November 21, AM.
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