Download Free Quicken 2002 Basic Updates For Yahoo
Yes, it is possible to install Quickbooks 2002 on Windows 10 64-bit. Here is a step-by-step overview of how to do it. It may also help you install any old software on Windows 10. Symptoms. Installation of QuickBooks 2002 succeeds, possibly with errors about fonts, and upon reboot there is an install error: “error extracting support files catastrophic failure”.
QuickBooks opens for a tenth of a second and then closes. QuickBooks cannot be uninstalled. Error “error extracting support files catastrophic failure”Installation Overview for QuickBooks 2002 on Windows 10.
CAUTION: Save the Program Files (x86)IntuitQuickBooksComponentsDownloads folder if applicable. It contains previously downloaded software auto-updates (if you downloaded them in the past that is). I keep a personal copy stored which I transfer between computers because I don’t believe the updates are on Intuit’s servers anymore. If you’ve already got yourself stuck with a bad installation that cannot be simply uninstalled normally, use Revo Uninstaller to remove QuickBooks. Kill the running “qb.” executable(s) in the background and remove the QuickBooks folder from within Program FilesIntuit (or wherever your Quickbooks files are located). Now with a clean slate let’s begin the install procedure as follows. Temporarily turn OFF User Account Control (set it to the lowest unprotected security setting).
I conclude from this that Rogers/Yahoo have not yet enabled OAuth2 and won't do it until the deadline date. At that point, OAuth2 would be enabled. But how does the authentication protocol get changed on the client? I read the Wikipedia article, and then read a basic introduction on the Oauth.org site.
Make note of the original setting because you’ll be returning it to normal later. Reboot. Copy the QuickBooks 2002 entire installation disk to a folder on your PC.
Run the installation setup.exe with WinXP SP3 compatibility and administrative privileges. Proceed with the installation by choosing CUSTOM. Change the install location from c:Program Files (x86)Intuit to c:Intuit. The purpose being to choose a folder requiring less security privileges. This step might be optional with UAC turned off. But to save yourself from potential future headaches with this outdated software, I recommend not skipping this.
Be kind to yourself. Once the install completes and the computer reboots (error free), set the newly installed QuickBooks executable (or shortcut) to compatibility mode WinXP SP3, to run with administrative privileges, and disable DPI scaling which may be trouble later (in my experience). Test QuickBooks. Open a company file. It should be working and asking you to register with your serial registration code. Run QuickBooks auto updates from the Help menu - About auto updates. If no files are downloaded, and you knowingly kept a copy from previous installations, restore your IntuitQuickBooksComponentsDownloads folder from a backup.
Then, upon closing QuickBooks, it will notice there are updates available to be installed. Say yes and let these install. Test QuickBooks again. It should be working. Turn ON User Account Control by setting it back to its previous setting. Reboot. Test QuickBooks yet again.
And it should be WORKING on WINDOWS 10. Congratulations. Specifically for Quickbooks 2002, acquire and install the font Copperplate Gothic Light Regular, which is needed eventually but.might. be optional.
I think you may also need Arial Narrow. These missing fonts cause popups that nag the user at various times and font substitutions may occur if you don’t have them installed. If you skip this step, you will run into the nag boxes eventually and they will contain the names of the fonts that are missing. The final step. Did this work for you? If you feel like giving back, click my Paypal donate button and donate money to me for saving you hours of frustration and preventing a new software purchase. And you can also click on my “” page and see bulleted list of ways you can help out by trying free samples of various products.
Take care.Please take a moment to read this!Did this article help you out? I'm a tech writer and I do this in my free time. The way I make money is when attractive people like you simply! It makes me money and costs you nothing extra. You can bookmark it too and you'll know you're helping me out every time you shop. I’m buying REVO portable right off the bat, untried, having seen these explicit instructions. I’m sure we will not fail.
I was going nuts trying to clean out a bad installation of Quickbooks Basic 2002 off a Windows 10 Pro 32-bit machine. I am at a loss to know why it went in badly in the first place. I thought the disc might have a “counter” in it. I’ll return to click the amazon link to credit and support your efforts. You have saved us hours of rebuilding a company in another version.
Thank you for this page. I am the first to like it.
I’m not experiencing this issue on my end. I would guess it must be an issue with DPI settings on your machine. You can try fiddling around with the Compatibility tab in the Quickbooks shortcut on your desktop and/or changing the DPI settings for your computer to see if it helps. My display is a 1080p resolution with 125% DPI turned on, and I have the high DPI scaling override turned on in the Compatibility section of the QuickBooks shortcut and everything looks good.
Hopefully this information helps.
I think a lot of the problem is just that Intuit handles this badly.It seems to me that they could avoid a lot of the problems by making the online updates part of a subscription service. Charge say $15 per year and you get the first three years free when you buy the package.So, Quicken 2007 would be good thru 2009 and you could then pay $15 per year if you still wanted online updates.
Then Quicken could extend the sunset date for the actual software to 6 years - so Quicken 2007 would go out of support in 2013.They'd make the same revenue stream and I don't think anyone would complain as much about this type of model. Quicken will not let you import a file you have already downloaded if they can't check to see if your institution has paid the tax for your version.
You have to be online for them to check. Once you have the file from your institution on your computer, you should be able to import it into Quicken without an internet connection, but Quicken won't allow that.
In essence, my version has the ability to import, but needs quicken's permission to actually do so.I upgraded my MS Money program last year, and the program notified me recently that my 'online services have expired', which means that I have to make a donation to re-activate. I realize that Money is going away in a couple years or so, so I decided to buy Quicken 2010 and migrate to that.
Then I came to find out that I can still download and import data, when the download is initiated from my financial providers' websites, into Money. Apparently, it is only the automated on-line update services initiated by Money that have expired - but I never used them anyway.
I go to each financial website and do a download from there. I noticed that Quicken doesn't download data in the same way Money does - it seems to go though an automated process even though I go to a financial provider's website and initiate a download there. I wondered if this methodology would allow Quicken to block or disable downloads - even if initiated at the financial provider's website and not automated through Quicken. Apparently it does - so you will be on the hook.
As I said, Money does not appear to do this. Too bad that Quicken will now have a corner on the market and you will have to pony up for a new version every 3 years or so. Kenschmidt wrote:I think a lot of the problem is just that Intuit handles this badly.It seems to me that they could avoid a lot of the problems by making the online updates part of a subscription service. Charge say $15 per year and you get the first three years free when you buy the package.So, Quicken 2007 would be good thru 2009 and you could then pay $15 per year if you still wanted online updates. Then Quicken could extend the sunset date for the actual software to 6 years - so Quicken 2007 would go out of support in 2013.They'd make the same revenue stream and I don't think anyone would complain as much about this type of model.The question is not about support, but about functionality. Do you think that if you don't pay the $15, the software should self destruct on your computer?For me, the issue is what parts of the software should continue to work after 'expiration.' For most software, expiration means expiration of support, not expiration of functionality.
Anti-virus software doesn't stop working if you don't pay the latest subscription fee, you just don't get updated definitions. My copy of WordPerfect still works, although no support is offered. Why should Quicken stop me from importing a file that I got on my own from my bank?When I import a file that I obtained from my own bank, quicken flashes a small screen saying 'contacting your financial institution.' If I am not online, quicken will not complete the import.
So the question is, why does quicken need to contact my bank when I already have a file that contains all the necessary information? My guess is that quicken is checking its records to see if the financial institution has paid quicken for the right to use their file format. I don't believe they are really contacting the bank, but are checking their own records. In either case, they are preventing me from using the program without their intervention, even if I have all the necessary files on my computer. This gives them the power to shut me off (or shut my bank off) at any time.I can import exactly the same file into GnuCash, and GnuCash doesn't need to 'contact my bank' in order to import the file. There is no information at the bank that either Quicken or GnuCash needs; only Quicken knows that that is where the money is (Willie Sutton). Quicken does this every couple of years to try to force people to buy the new version.
It's ridiculous and I don't like it, especially since there's no technical reason for them not to continue to provide quotes for the old version.From a technical standpoint it would be better for the end user if Quicken would obtain quotes from a trusted third party like Google.What's really outrageous is the way they handle the Quickbooks payroll tax tables-effectively forcing users to upgrade every year.You know how Turbotax has been involved in scandal after scandal? The DRM rootkit and the pricing scandal from last year (or the year before) that got Bob Meghan to post here on Bogleheads to try to salvage his company's reputation? This is more of the same, it just hasn't gotten them the same amount of ire.With all of the trialware offers that Quicken installs, the program ought to be free.
It is ad-supported, after all. It's likely that Quicken the program will be dropped permanently in the near future, in favor of a web-only version. It's hard to make money with this sort of thing - Microsoft has already given up on theirs. You pay a fairly low fee for the software, and then Quicken has to keep upgrading their connections to the various banks, etc., to allow automatic downloads and has to keep fielding technical support questions for all the various versions.
The business model doesn't work unless they continue to get new revenue from users, either by forcing them to buy a new version every three years, or by charging an annual subscription.At least with an online version they only have one product version, and don't have the expense of maintaining multiple older versions, which is expensive from a development and technical support perspective.Losing Quicken the program will be a loss, IMO, as web-based tools are not yet as easy to use. But it's the trend in all software, especially software that connects to other institutions. Sscritic wrote:When I import a file that I obtained from my own bank, quicken flashes a small screen saying 'contacting your financial institution.' If I am not online, quicken will not complete the import.
So the question is, why does quicken need to contact my bank when I already have a file that contains all the necessary information? My guess is that quicken is checking its records to see if the financial institution has paid quicken for the right to use their file format. I don't believe they are really contacting the bank, but are checking their own records.Has anyone run a packet sniffer to see whom they are contacting about what? Sscritic wrote:When I import a file that I obtained from my own bank, quicken flashes a small screen saying 'contacting your financial institution.' If I am not online, quicken will not complete the import.
So the question is, why does quicken need to contact my bank when I already have a file that contains all the necessary information? My guess is that quicken is checking its records to see if the financial institution has paid quicken for the right to use their file format. I don't believe they are really contacting the bank, but are checking their own records. In either case, they are preventing me from using the program without their intervention, even if I have all the necessary files on my computer.
This gives them the power to shut me off (or shut my bank off) at any time.I just did exactly that. Imported a.QXF file from my bank with the internet disconnected.
Quicken tried to connect on line but after I cancelled it imported the file just fine. The.QXF file contains the bank routing number. Quicken may go on line to its own database to look up the routing numbers to determine the name of the bank. In my case it figured out the bank name from Quicken's most recent download of institution information, so it imported the file. Note that whenever you go online that Quicken refreshes its list of banks.
Download Free Quicken 2002 Basic Updates For Yahoo Mail
I don't think that Quicken was doing anything special to import the file except routinely updating its list of bank routing numbers. Most version of Money came with 2 years of online service. You can look at the Money Help menu and it will show you a date when the online services will expire. Online services will expire either the date you see in the Help Menu or 1/31/2011.Even after the online services expire you will still be able to download statements from financial institutions.
You will not be able to pay bills.I have been a Money user since 1995 so it was tough to see it die.I will use my Banks online website and use Mint for expense tracking.Reading this Thread told me not to look into buying Quicken. Lbill wrote:Anybody know when Money is set to expire? If it will last another year or two and I can continue to download my transaction data from my financial websites into Money (as it appears I can), I think I'll just continue to use it and let the dust settle on my Quicken. Maybe something else will come along in the meantime. I only use this stuff to track income and spending and do budgeting. It would also be nice to import directly into my tax software if I could, but I've gotten along without that.
You can target up to six enemies at a time.The best way to acquire this trophy is to get to an elevated position ouside the safe house not in a mission, preferably on the outskirts of town because you can only aim so far to your left and right. Quickly pick off the remaining number of guards with your special attack. Ancient warfare structures mod. Rapidly move your reticle around the screen and target up to six enemies. Once the are you are in is clear, move to another part of town. Just hold down the R2 button to initiate his attack and aim at enemies.
BettykayWAAZ wrote:I stopped upgrading Quicken in 2004 when my credit union refused to pay the fee to upgrade to quicken's new download format. I have been using Quicken 2004 and QIF files ever since.I use Quicken for credit cards and checking accounts, not for mutual funds.A friend of mine uses MoneyDance and thinks this is a good alternative to Quicken. I haven't checked yet if they accept QIF files. It seems like the first of the year is a good time to switch if I'm going to.BettykayMoneyDance supports QIF, OFX and OFC.I use MD to track finances and investments. It downloads stock and fund prices automatically.It supposedly can also download transactions but I have never used that.I have used MD only under Windows but I do believe the data file is compatible across Mac, Windows and Linux. The program is written in Java and you can get executables for all platforms - all for one single price.MoneyDance has a trial version (limited to 100 entered transactions) and is a very small and compact program. The data file is compact too - my MS Money file grows to 10MB in size every year but my MD file is still well below 1MB after like 4 months of usage (I recreate the MS Money file every year).
MD starts way faster than MS Money. I just did exactly that. Imported a.QXF file from my bank with the internet disconnected. Quicken tried to connect on line but after I cancelled it imported the file just fine. The.QXF file contains the bank routing number. Quicken may go on line to its own database to look up the routing numbers to determine the name of the bank.
In my case it figured out the bank name from Quicken's most recent download of institution information, so it imported the file.I just tried this with my Quicken 2010 and it doesn't work. I downloaded and saved the.QFX file from the financial institution and then went offline and tried to import it into Quicken. A window comes up that says Quicken needs an internet connection to verify your Quicken registration. When I hit cancel to proceed anyway, another window pops up that says 'Quicken is unable to verify the financial information for this download. Try again later.'
So, they've got you. No way to download transaction data without Big Brother Intuit saying it's OK. HornedToad wrote:Actually one of the more annoying things about the forced upgrade, aside from the question of legality, is that the newer software is worse! Sure, it has more bells and whistles, but the base functionality is slower, clunkier and more time consuming/pain to deal with.
I have Quicken 2009 and unless the newer versions are vastly better it'll be my last Quicken.Exactly.I don't see much difference between my old version of Quicken 2006 and Quicken 2010. In my opinion, some things are worse. I can't imagine that Intuit's Quicken development team has more than a half dozen programmers. What do they do all day?-Gary. Basically, you're purchasing an unnecessary product for relatively cheap, the manufacturer of which provides services for a limited time.
Providing the services for a longer period of time would have increased the initial purchase price of the product. You're going to pay for it one way or another.Perhaps Intuit should have put should have explained this in the shrinkwrap, but who reads that anyway?Can't we just get back to discussing whether it is 'evil' to way away from your underwater mortgage?JT. Bottlecap wrote:Can't we just get back to discussing whether it is 'evil' to way away from your underwater mortgage?JTI am absolutely happy to let this thread end, and in good spirits, too. I have been fully heard, and many agreed, and many did not. But my point was made.That said, however, I feel compelled to explain myself as clearly as possible, in case my earlier protestations did not include sufficient information so that everyone can understand my position, as I think you might not.My philosophy - my expectation - when I buy ANY S/W, unless there are clear, obvious and explicit disclaimers to the contrary (in which case I'm not buying!), is that it will function exactly as provided, in perpetuity.
Software does not break or wear out.I am not wanting to 'rent' or 'lease' it, regardless of language in all EULAs, that started with MS, that try to say it is more like that than outright ownership, even if they don't actually pull the rug out from under you like Intuit.I of course do not expect that support will last forever, or that the 'net will apply some aged standard universally, or that some other company will not eclipse it with a better, cheaper, faster version. I don't expect it to work on forever newer/faster hardware, etc. But I expect that as provided, it does what it does, especially when the machine didn't break, and the S/W did not get 'tired' and the banks aren't unilaterally changing things on their end.To have Intuit (or any company) reach in and de-feature/defeat/cripple my already installed and paid for program (or stop replying to signals it had intercepted all along for the sole purpose of being able to KILL SWITCH me at a time of their choosing) is totally unacceptable, and I will not bear it in future if and when I can tell it is happening or likely to happen.
This IMHO goes right to their lack of integrity as a company, even though I respect those who feel differently. BTW, those who do disagree with me, I invite you to ask yourself the question: 'Would I make Intuit's policy my policy, if I owned a software company of my own?' I suspect many who don't necessarily feel in strong in support of me, might still not ever do those actions themselves, if they had a similar company and similar product.If anyone does. feel strongly that if it were your company, you would act exactly as Intuit does, then I'd invite you to please chime in with why you think that would be your approach.
I'd honestly like to hear, and will be on my best behavior to not chastise or superimpose my own morality onto you, but will really try to understand and listen, because right now, I only have one model to explain it to myself, and that is: ruthless profiteering while the other party is under duress and at the disadvantage of relying on the functions that they reasonably grew to expect. And that, IMHO, is not how the free market ought to work. DRiP Guy wrote.and will be on my best behavior to not chastise or superimpose my own morality onto you.I believe you did that just through the title of your OP - 'Why I will never buy Intuit again and you shouldn't either'Do whatever you want, based upon your beliefs. However, don't tell me what I must do.Explain your position and let others decide if they agree with you or not. Don't continue to 'drive a nail' as you have continued to do in this thread.That's what I take offense to.- Ron.
I guess I am in the minority here. I have been using Quicken since 1997 and I'm pretty happy with it. I have never downloaded a single transaction from a bank into Quicken because the purpose of a home accounting system is to provide the basis for doing a reconciliation with the institution's records. Reconciling requires that you have your own, independent source of transactions, i.e. Downloading reduces Quicken to serving merely as a local copy of the bank's records.I am also happy to buy a new version every couple of years for $45 or so with the hope that the product will continue to be supported.
There have been almost no important improvements for me in years since Quicken adequately provides the basic functionality of record-keeping that I need. Under no circumstances would I choose to keep my financial information in the cloud. CaptMidnight wrote: I have never downloaded a single transaction from a bank into Quicken because the purpose of a home accounting system is to provide the basis for doing a reconciliation with the institution's records. Reconciling requires that you have your own, independent source of transactions, i.e.
Downloading reduces Quicken to serving merely as a local copy of the bank's records.I enter my checking info manually. The Quicken download 'matches' to my input and isolates any discrepancies.
You don't lose any 'independence', but downloading allows discrepancies to be dealt with on a daily vs monthly basis.I choose to primarily download my credit card data (due to data entry of volume, etc.). I eyeball the transaction vendor and amount. For me, the cost/benefit ratio is negative if I entered this manually.Ditto for securities.
MS Money and Quicken make it easy to download transaction data from financial institutions, which is nicely coded into income and spending categories - this minimizing the need to do all this manually. So, it's a convenience thing for me. If all I basically want to do is download my transactions from my bank account and credit card accounts so that I can track my income and expenses by category, is there a simple and straightforward way to do it - or do I need Money or Quicken? I noted that my Citi credit card only offers Money or Quicken as download options.
If Money goes away, leaving only Quicken, and Quicken is providing a 3rd party service by facilitating transaction downloads that couldn't be done otherwise, then paying a 'fee' in the form of periodic payments for software 'upgrades' might seem reasonable. But what then do we make of the 'free' services available on the net such as Mint?
I suppose at some point they might start charging a toll? One reason I preferred Money or Quicken is that you have the illusion of privacy and security - having your financial data on your own computer. But Quicken is blurring the privacy lines if you HAVE to be connected to the internet and HAVE to be registered in order to use it. How do I know what that thing is doing with my financial data when it requires an internet connection to work?
Maybe I should just go to Mint, Yodlee, or some such web-based service and be done with it? One consideration is how far you want to stretch and hassle to avoid a little manual labor.I would never consider any of the so called 'automatic' financial software packages because I do everything in Excel with just a little extra thrown in by hand. For example, I don't get my expenses from a computer already coded for category. I spend about ten to fifteen minutes a month at the end of the month doing it by hand into exactly the categories I want each expense to go into. There are lots and lots of other pieces I do exactly the way I want to with a program that is highly unlikely to go away, be revised, stop working, etc.
Etc.Every time I see a thread about Quicken, Money, etc., etc., I just sit back and say 'but for the grace of God. Dbr wrote:I do everything in Excel with just a little extra thrown in by hand.I agree with you on this point.
I do all my investment/analysis via Excel. I use M. to check return data just to validate my return calculations (YTD) v/s what they show as a 'sanity check'.As for expense tracking and budget analysis, I do use Quicken (and have done so over 15+ years). However I have not used it to download expense transactions (e.g. Bank account) info, but rather use manual input and make sure that expenses are in the right category (I'm anal that way:roll: ).I do use Quicken to download my/wife's data from Fidelity/Vanguard, but just to use the feature on retirement planning.
Yes, I don't need to do the auto download, but it's just a cross-check against my VG, Fido, and Yodlee totals.Do I need Quicken to manage my affairs? Does it make the job easier? Yes.That's why I use it. Others that find fault in the product have a simple solution (e.g. Don't use it 8) ).- Ron. DRiP Guy wrote:I'd honestly like to hear, and will be on my best behavior to not chastise or superimpose my own morality onto you, but will really try to understand and listen, because right now, I only have one model to explain it to myself, and that is: ruthless profiteering while the other party is under duress and at the disadvantage of relying on the functions that they reasonably grew to expect.I've already said that I don't mind spending this amount of money every few years. It's not 'ruthless profiteering' and is it nothing compared to the money I spend basic cable for little in return.That very small amount I spend for Quicken, or Money, is repaid in value.
That's not so to me for cable, which is why I'm always on the brink of canceling it. I once was more sympathetic to your viewpoint but over the years I've gotten where I can no longer bring myself to get too worked up about such a small fee.
It's easily worth what I pay. I was a MS Money user for many years and had to move over to Quicken. It's now the only program available that allows careful tracking of all accounts including my complete portfolio. I am able to track my cost basis, make decisions on TLH, monitor tax implications and do all my bill pay through the program. I also export reports and import to excel to do asset allocation and make rebalancing decisions.The price they charge per year to get an updated copy of the program, with download capability, bug fixes, etc is a relatively small price to pay to provide a complete financial tracking and reporting program.
And with three year downloads, you only need to upgrade once every three years making it extremely cheap if you decide to go that route.I for one hope that Intuit can make a decent business from this program so that it can stay alive. I don't look forward to being at the mercy of having all of my data on the web and only able to access it through someone elses server.Jeff. There is reason to predict that these products won't survive in their current form. The move to web-based programs and MS Money's departure from the field is evidence of this.What people have a hard time realizing is what a huge undertaking it is for Intuit to manage relationships with each institution and ensure smooth integration between systems. This is incredibly difficult to do, and isn't 100% effective under the best of circumstances.One factor that they can control is legacy versions of the products, and sunsetting older versions is probably a good idea for reducing costs overall.
My understanding is that you can still use your software after 3 years, but the integration pieces are no longer maintained or supported.Whether you like it or not, it takes huge amounts of work to maintain these integrations. Handling a single point of integration such as mint/yodlee is much easier, hence the push towards such systems. If you don't think it's fair that they will only support those integrations for box software for 3 years, what is it that you propose Intuit do? Should they simply support all software forever, losing money all the way? Should you pay an annual fee to keep them going? (that fee would go UP, not down over time).
Will you look at ads to generate revenue?Or do you expect a private company to support the integrations forever, for free? What makes this different than any other business model?
Why should they do something that may seem easy, but is actually expensive and difficult when it serves little business purpose to do so? DRiP Guy wrote.and will be on my best behavior to not chastise or superimpose my own morality onto you.I believe you did that just through the title of your OP - 'Why I will never buy Intuit again and you shouldn't either'Do whatever you want, based upon your beliefs. However, don't tell me what I must do.Explain your position and let others decide if they agree with you or not. Don't continue to 'drive a nail' as you have continued to do in this thread.That's what I take offense to.- RonNo was offense meant - my title was meant to be advisory ('why I think my tale will apply to you, so you will want to read this'), and not at all as some sort of command ('do as I say'). DaveH wrote:Whether you like it or not, it takes huge amounts of work to maintain these integrations. Handling a single point of integration such as mint/yodlee is much easier, hence the push towards such systems. If you don't think it's fair that they will only support those integrations for box software for 3 years, what is it that you propose Intuit do?
Should they simply support all software forever, losing money all the way? Should you pay an annual fee to keep them going? (that fee would go UP, not down over time).
Will you look at ads to generate revenue?Or do you expect a private company to support the integrations forever, for free? What makes this different than any other business model? Why should they do something that may seem easy, but is actually expensive and difficult when it serves little business purpose to do so?This argument does not make sense to me at all. Intuit could remove themselves completely from the integration process if they wanted to by doing one of the following:1.
They could publish a web service API for a particular version of their software. 3rd parties could host conforming services and then the client software could connect directly to the 3rd party and download the data. No need to talk to Intuit servers at all except perhaps to maintain a registry of 3rd party services (optional, users could look this up themselves if Intuit wanted to sunset its registry).2.
Let users continue to download data in a particular format via their browser and import it into Quicken manually. As evidenced by some of the comments in this thread, Intuit apparently even shuts that down in some versions of the software.In either of the above scenarios there is no need for Quicken to talk to Intuit's servers, no need for them to maintain any fancy or expensive integrations. It would be up to a particular bank to decide when to shut off a support for a particular version instead of some arbitrary kill switch date selected by Intuit.It looks like they have inserted themselves into the integration process every step of the way so that they can clamp down on it however they like. That is their prerogative. But the motivation for structuring things that way is not grounded in their costs. DaveH wrote:Whether you like it or not, it takes huge amounts of work to maintain these integrations. Handling a single point of integration such as mint/yodlee is much easier, hence the push towards such systems.
If you don't think it's fair that they will only support those integrations for box software for 3 years, what is it that you propose Intuit do? Should they simply support all software forever, losing money all the way? Should you pay an annual fee to keep them going? (that fee would go UP, not down over time). Will you look at ads to generate revenue?Or do you expect a private company to support the integrations forever, for free? What makes this different than any other business model?
Why should they do something that may seem easy, but is actually expensive and difficult when it serves little business purpose to do so?This argument does not make sense to me at all. Intuit could remove themselves completely from the integration process if they wanted to by doing one of the following:1. They could publish a web service API for a particular version of their software.
3rd parties could host conforming services and then the client software could connect directly to the 3rd party and download the data. No need to talk to Intuit servers at all except perhaps to maintain a registry of 3rd party services (optional, users could look this up themselves if Intuit wanted to sunset its registry).2.
Let users continue to download data in a particular format via their browser and import it into Quicken manually. As evidenced by some of the comments in this thread, Intuit apparently even shuts that down in some versions of the software.In either of the above scenarios there is no need for Quicken to talk to Intuit's servers, no need for them to maintain any fancy or expensive integrations. It would be up to a particular bank to decide when to shut off a support for a particular version instead of some arbitrary kill switch date selected by Intuit.It looks like they have inserted themselves into the integration process every step of the way so that they can clamp down on it however they like.
That is their prerogative. But the motivation for structuring things that way is not grounded in their costs.They could do either of those things, but they successfully market their products based on the one-click import of statements - that's the killer feature that sells Quicken I think.If they simply offered an API that would offer no guarantee that outside banks would use it. It would leave the support requirements in question (who supports banks who want to use the API) and the API itself would have to be updated and things deprecated, etc. Which will have it's own costs.
So of course, that model sounds good to you but there seems to be little advantage to Intuit from that approach.You said 'third parties would host comforming services' but is there any evidence that that would happen? Would each huge bank not try to offer their own management software, etc? Would Intuit be able to set a standard that all institutions would adhere to? Would it be better?And again, Intuit's very popular approach allows people to use a single piece of software to integrate fairly seamlessly with most institutions - a feature that no other company offers at this point. If a competitor came up with an innovative way to make this work better, it would be a huge and lucrative market for them but that doesn't seem to be happening to any great degree (although it might).There are other companies that sell financial management products that simply import the files. You are welcome to use one of those products, which will probably be less expensive than Quicken and meet your needs well.Intuit is a private company that can offer whatever products/services that they wish, and if they aren't doing it well then their company will suffer. If their approach is so inferior then certainly a competitor will emerge to take advantage of this obscenely huge marketplace.
Does Intuit have to pay banks and other financial institutions money to get them to adopt standards and software that is compatible with Quicken? I would imagine so since if I were a bank and I had my own way of doing stuff, why would I listen to a request from another company to change my software and standards just to make it easier on them to import info? I don't think being Quicken compatible is a deal breaker for a bank customer. Most likely Intuit had to convince banks somehow to format their info in a way that Quicken can read and import, that might cost money.I think Intuit has increasingly made a bad name for itself, and with employees too. I had a friend that used to work for Intuit and the move towards the practices consumers hate started when they hired a new CEO who came from GE. He started to implement all these new procedures and stuff and promised the board and investors net revenue growth of 10% per year and net income growth of 30% per year for the next 5 years. He never was able to accomplish what he promised and I believe he was fired, but I could be wrong.
Anyway, that's when Intuit 'changed'. The last year my friend was at the company, their employee appreciation day consisted of nothing but a ticket to a Padres game and sandwiches with a can of coke. Very pathetic and actually insulting to the employees. Better to just give a paid day off, everyone knew the appreciation day was mandatory attendance.I'm generally sympathetic to software companies, I think many people, especially the youth are spoiled or don't understand the incredible work that goes into each product (not saying Intuit, software in general). That a game which took hundreds of people thousands of hours to make is sold for $49 is a bargain, but I hear nothing but complaints and accusations of greed. I don't know, but it if I can get tens of hours of enjoyment, it's a steal for $49, I don't know many other forms of entertainment that cost so little.I've never used Quicken and it's hard to put a value on it in the same way as I would a game.
All I can say is that programmers cost a lot of money, and it takes a long time to program anything. Somehow the bills have to be paid with enough to satisfy shareholders. The only problem I have is if there is no disclosure, if the company was deceptive in some way that prevented a buyer from having enough information to make a decision. Otherwise, the company should be able to charge whatever it wants, you don't have to buy and there are alternatives like Excel or simple pen and paper.This reminds me of the Sims3 EA Store controversy where EA started charging money for new items they created.
Most people on the forums were upset and demanded EA release the stuff for free. I know this is very different as Intuit is alleged to have deliberately made it impossible to download info from banks for free (or at least very hard) but there is work that has to be done to make these software programs compatible with the latest standards and with the latest OS. Someone's got to pay the bills. It's about hiding the true cost of the software. Software development costs money.
Intuit wants to make money. Make the product $399 or whatever. Sell it with your typical support ending after a few years but don't take away functionality. Obviously the sticker shock is going limit the appeal. Instead, Intuit sells it for $59 every three years. It's a winning strategy for Intuit. Windows 2000 still works.
Office 97 still works. Users upgrade when they want to. Compared to Intuit, Microsoft looks like a nice guy. AlexC wrote: We're an IT company who uses a lot of different software and they are the only company that practices this form of blackmail. It's a revenue generating scheme and has very little to do with increasing functionality.I work in a chip design company and we use a lot of EDA (electronic design automation, major players are Cadence and Synopsys) software.
We don't own any of the software, we only get licenses for a set amount of time. OTOH for the copious amounts of money we hand over we get excellent support for bug fixes or other issues.