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These files cover more than ten years of newsletters posted on our old website
(through April/May 2009), and are provided for historical purposes only.
As such, they may contain out-of-date references and broken links.
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Farm Business Management Update, December 2005/January 2006
By Lori J. Shipman, Extension Associate, and Damona Doye, Extension Economist, Oklahoma State University
The Quicken 2006 editions are on the market. Quicken 2006 comes in four versions: Deluxe (which we use for our tutorials), Premier, Premier Home and Business, and Quicken for Mac. Quicken Deluxe has the basic financial record and report features plus investment tracking suitable for most users. Quicken Premier adds some online and investment features that are beneficial to people who invest and track investments closely. Quicken Premier Home and Business adds features such as invoicing for accounts payable that small businesses may find helpful. Both Premier versions have extended tax reporting features. These three versions are Pentium 200 or Pentium II 300 pc compatible. System requirements necessary for them to function appropriately include
- Windows versions 98, 2000, Me, or XP and at least 32 MG or better Random Access Memory (RAM).
- Hard disk space of 100 MB for Quicken and 45 MB for Internet Explorer 6.0 if not already installed.
- SVGA monitor with 256 colors; double speed or higher CD-ROM drive. For Internet use, a 14.4 Kbps modem or higher is recommended. Check your system to make sure it can handle the software before purchasing. Mac users can check the system requirements at the Quicken website: www.quicken.com.
Here is what is new for Quicken 2006:
- The user can attach a check image, receipt/bill image, or other attachments to a transaction. The new paperclip button in the register view also acts as a quick link for adding a flag or note. Likewise, you can add an account statement image to an account overview.
- Increase the register view to full screen by pressing F11. The screen is less cluttered and the register is larger.
- Mini-report buttons for payees and categories give quick insight into your spending or allow you to check bill payments from the register.
- The Reports menu is revised. There are new options within the reports such as the ability to find/replace transactions or go to the category list from the report window. You can export the report in PDF format, which may be useful is you want to e-mail a report to a lender or business partner. You can also export reports to an Excel-compatible format.
- Six new reports are available for tracking spending trends.
- A new star button in the transaction register links to Zipingo, a business rating program. Enter a review or check what others have to say about businesses you frequent. Internet connection required.
- The QIF format for import is being phased out so cash, savings, and credit card accounts cannot accept imported data in this format. This change mostly affects online features.
Evaluate carefully whether you need to upgrade. If you intend to upgrade, check to make sure you have the proper system requirements to operate the software.
Quicken Support Sunsets for Some Earlier Versions
As Quicken upgrades come along more attention is focused on newer versions. Quicken 2002 and earlier versions of Quicken are part of the support sunset over the past year.
These versions remain functional on some levels; however, online features are disabled. Online features include bill payment, downloading stock and financial information from financial institutions and Quicken. Additionally, live customer support is no longer available.
Depending on your use of Quicken, you may want to look at an upgrade.
Virginia Cooperative Extension