Quicken 2016 For Mac
Download Quicken 2016 For Mac
Quicken 2019 for Mac imports data from Quicken for Windows 2010 or newer, Quicken for Mac 2015 or newer, Quicken for Mac 2007, Quicken Essentials for Mac, Banktivity. 30-day money back guarantee: If you’re not satisfied, return this product to Quicken within 30 days of purchase with your dated receipt for a full refund of the purchase price. Not all Quicken desktop features are available in the App. The App is a companion app and will work only with Quicken 2014 and above desktop products. Earlier versions of the App prior to Quicken 2014 will not work with Quicken 2015 or 2016 desktop product. Paying bills with Quicken is applicable only if your bank offers Bill Pay with Quicken. Quicken is a personal finance management tool developed by Quicken Inc. (formerly part of Intuit, Inc.).On March 3, 2016, Intuit announced plans to sell Quicken to H.I.G. Capital; terms of the sale were not disclosed. Different (and incompatible) versions of Quicken run on Windows and Macintosh systems. Previous versions ran on DOS and the Apple II. There are several versions of Quicken for. Quicken 2016 free download - Quicken, Quicken Deluxe 2018, Pocket Quicken (Palm) (Win), and many more programs. I am using Quicken 2016 for Mac, 3.5.1. Upon opening the program, Quicken announces an update, 3.5.2, but it won't update. I click the Install radio button, watch the download progress, watch it extract itself, and then I get the Install and Relaunch button. When I click that, I get this: 'Quicken 2016 needs to be installed in the Applications.
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Quicken 2016 For Mac Torrent
- edited August 2018I believe your mistake is treating the principle as a category. The principle is always a transfer to a loan account, because it reduces the loan by the that amount.
Read this Quicken Mac FAQ for the description: How to set up a mortgage/loan (in QM2015/2016)
Watch the following video to help: https://www.youtube.com/watch?v=WNoaWmHWPcQ
(it mentions Quicken Essentials but it equally applies to QM2016).
(If you find this reply helpful, please be sure to click 'Like', so others will know, thanks.)
If you find this reply helpful, please be sure to click 'Like', so others will know, thanks.
(Canadian user since '92, STILL using QM2007)
Have Questions? Check out these FAQs:- Quicken Windows FAQ list
- Quicken Windows FAQ list
- edited March 2017HQ, let me use some round numbers to illustrate. Let's say your mortgage balance is $150,000, and your monthly mortgage payment is $1,000. You pay your mortgage out of your checking account. You've created a Liability account called 'XYZ Mortgage Co.' with an opening balance of $150,000. (If you have questions on how to do any of that, write back.)
Now, in your checking account, you're going to enter your mortgage payment. You enter a payment to XYZ Mortgage Co. for $1,000. Click on the Split icon. Your first split line is going to be the amount of principle paid off for this month, and the second spit line is going to be the interest paid for this month. You'll need either your mortgage statement or an amortization spreadsheet to know what those values are each month. Let's say the first month is $400 principle and $600 interest. So here are your split lines:
Split line 1
Category is Transfer
Transfer is XYZ Mortgage Co.
Amount is -400.00
Split line 2
Category is Home:Mortgage Interest
Amount is -600.00
That's it. After entering this transaction in your checking account, your checking account is reduced $1,000, your loan balance is reduced $400, and you have $600 in interest expense.
You can set up this transaction in your checking account as a recurring monthly transaction by clicking the Schedule button in the bottom toolbar. Then, each month, you'll have to take a few seconds to edit the transaction for the correct split between principle and interest.
If part of your monthly payment goes to an escrow account for real estate taxes, that's pretty easy to add to the equation. Create a new Asset account called Escrow, and enter the current balance in your escrow account. Then add a third split line to your monthly transaction for the amount paid to your escrow account: Category=Transfer, Transfer=Escrow Account. Then when you get a tax bill that is paid from your escrow account, you'd make an entry in the escrow account with the Payee='My School District' and the Category=Taxes:Property Tax.
Write back if any of that doesn't make sense!QMac 2007 & QMac Subscription • Quicken user since 1993 - edited November 2016
Thanks for your response. First, I should add my mortgage company debits my checking account automatically for my monthly payment. And, I download the transactions into the Quicken Mortgage Loan account. I did mistakenly created a category for the monthly principal.I believe your mistake is treating the principle as a category. The principle is always a transfer to a loan account, because it reduces the loan by the that amount.
Read this Quicken Mac FAQ for the description: How to set up a mortgage/loan (in QM2015/2016)
Watch the following video to help: https://www.youtube.com/watch?v=WNoaWmHWPcQ
(it mentions Quicken Essentials but it equally applies to QM2016).
(If you find this reply helpful, please be sure to click 'Like', so others will know, thanks.)
Now, I can't figure out how to reverse my mistakes so the correct principal amounts reduce the mortgage loan account and the interest goes into an Interest Exp category. When I do a split on a monthly transaction and type in the principal amount from my statement Quicken creates a third row with an amount shown as uncategorized and I have no idea what the amount relates to. - edited December 2016
If you have a statement that shows the actual principle from each payment, then the balance is either escrow, fees, or interest. If you have no escrow or fee amounts, then the full amount left over is interest and can be added to the interest line of the split transaction.I believe your mistake is treating the principle as a category. The principle is always a transfer to a loan account, because it reduces the loan by the that amount.
Read this Quicken Mac FAQ for the description: How to set up a mortgage/loan (in QM2015/2016)
Watch the following video to help: https://www.youtube.com/watch?v=WNoaWmHWPcQ
(it mentions Quicken Essentials but it equally applies to QM2016).
(If you find this reply helpful, please be sure to click 'Like', so others will know, thanks.)
(If you find this reply helpful, please be sure to click 'Like', so others will know, thanks.)
If you find this reply helpful, please be sure to click 'Like', so others will know, thanks.
(Canadian user since '92, STILL using QM2007)
Have Questions? Check out these FAQs:- Quicken Windows FAQ list
- Quicken Windows FAQ list
- edited March 2017Thanks for your detailed explanation. It all makes sense.
I'm still ground up trying to figure out how to reverse my mistakes.
I'll just add my update to the other Super User in terms of where I am. Feel like I'm in a Quicken maze that I created and can't find my way out! ;-)
My mortgage company debits my checking account automatically for my monthly payment. And, I download the transactions into the Quicken Mortgage Loan account. I did mistakenly create a category for the monthly principal and messed up the transfer that resulted from my download from the mortgage company.
Now, I can't figure out how to reverse my mistakes so the correct principal amounts reduce the mortgage loan account and the interest goes into an Interest Exp category. When I do a split on a monthly transaction and type in the principal amount from my statement Quicken creates a third row with an amount shown as uncategorized and I have no idea what the amount relates to.
Thanks again. - edited December 2016
Forgot to say:I believe your mistake is treating the principle as a category. The principle is always a transfer to a loan account, because it reduces the loan by the that amount.
Read this Quicken Mac FAQ for the description: How to set up a mortgage/loan (in QM2015/2016)
Watch the following video to help: https://www.youtube.com/watch?v=WNoaWmHWPcQ
(it mentions Quicken Essentials but it equally applies to QM2016).
(If you find this reply helpful, please be sure to click 'Like', so others will know, thanks.)/docker-for-mac.html. I have 3 follow-up questions.A) The link in the last line is no longer functional. Hi,Thanks for your helpful post. Does the resource still exist please?B) Can your process be extended to run Visual Studio inside a windows docker container on a macOS?
the principle portion is what gets placed in the transfer line of the split transaction to your loan account.
So bottom line is, you should go to the bank account side of the transcation and adjust each one to be a split transaction; one line of the principle, which will be a transfer to your loan account, the second line is for the interest (add more lines for the escrow and fees as applicable).
Now on the mortgage loan side, you probably will end up with duplicates: one created from the downloaded data from the FI/bank, the other created from the transfer from the bank account entries you are editing. You will need to delete the transactions in the mortgage loan account downloaded from the bank.
Then you should reconcile the mortgage loan account with the remaining transactions against your mortgage statement.
If you find this reply helpful, please be sure to click 'Like', so others will know, thanks.
(Canadian user since '92, STILL using QM2007)
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- Quicken Windows FAQ list
- edited December 2016
Once you get through that, you will need to make sure all is set up correctly for future transactions.I believe your mistake is treating the principle as a category. The principle is always a transfer to a loan account, because it reduces the loan by the that amount.
Read this Quicken Mac FAQ for the description: How to set up a mortgage/loan (in QM2015/2016)
Watch the following video to help: https://www.youtube.com/watch?v=WNoaWmHWPcQ
(it mentions Quicken Essentials but it equally applies to QM2016).
(If you find this reply helpful, please be sure to click 'Like', so others will know, thanks.)
Since you already have the loan account created, you will need to make sure you have the loan payment created as scheduled transaction to your bank account. Then every payment, you will apply the payment and modify the principle and interest lines as needed.
After all is set up, I would recommend one of 2 choices:- Only download your data for the bank account FIRST. This will allow you to match the download to your scheduled transaction and apply it to your bank account, with the edits you need to make to the split lines. Then you can download you mortgage loan account data, which should then match your newly applied entry into your bank and mortgage account, via the transfer line of the split transaction
- OR FIRST apply the loan payment to your bank account BEFORE you download ANY data, again applying any edits to each split line. THEN you can download the data for your bank account and your mortgage loan account. In this case, the order does NOT matter.
HTH.
If you find this reply helpful, please be sure to click 'Like', so others will know, thanks.
(Canadian user since '92, STILL using QM2007)
Have Questions? Check out these FAQs:- Quicken Windows FAQ list
- edited December 2016
ONE CORRECTION re: 'You will need to delete the transactions in the mortgage loan account downloaded from the bank.'I believe your mistake is treating the principle as a category. The principle is always a transfer to a loan account, because it reduces the loan by the that amount.
Read this Quicken Mac FAQ for the description: How to set up a mortgage/loan (in QM2015/2016)
Watch the following video to help: https://www.youtube.com/watch?v=WNoaWmHWPcQ
(it mentions Quicken Essentials but it equally applies to QM2016).
(If you find this reply helpful, please be sure to click 'Like', so others will know, thanks.)
You may not need to perform this step. Instead..you may be able to match the duplicates by dragging one over the other. This should allow Quicken to learn the matching criteria and improve the matching for future downloads of your mortgage loan data.
If you find this reply helpful, please be sure to click 'Like', so others will know, thanks.
(Canadian user since '92, STILL using QM2007)
Have Questions? Check out these FAQs:- Quicken Windows FAQ list
- Quicken Windows FAQ list
- edited November 2016
Wow. Do appreciate all this help! Now, I'll have to digest and execute. Needless to say, it's clear why you're designated a super user. A future version of Quicken for Mac automating some of this will be greatly appreciated.I believe your mistake is treating the principle as a category. The principle is always a transfer to a loan account, because it reduces the loan by the that amount.
Read this Quicken Mac FAQ for the description: How to set up a mortgage/loan (in QM2015/2016)
Watch the following video to help: https://www.youtube.com/watch?v=WNoaWmHWPcQ
(it mentions Quicken Essentials but it equally applies to QM2016).
(If you find this reply helpful, please be sure to click 'Like', so others will know, thanks.) - edited December 2016
You can now VOTE for the feature for Loan Amortization, here:I believe your mistake is treating the principle as a category. The principle is always a transfer to a loan account, because it reduces the loan by the that amount.
Read this Quicken Mac FAQ for the description: How to set up a mortgage/loan (in QM2015/2016)
Watch the following video to help: https://www.youtube.com/watch?v=WNoaWmHWPcQ
(it mentions Quicken Essentials but it equally applies to QM2016).
(If you find this reply helpful, please be sure to click 'Like', so others will know, thanks.)
https://getsatisfaction.com/quickencommunity/topics/loan-amortization-in-quicken-for-mac-2016
Be sure to click on the link above to go there, then click VOTE at the top or THAT page to increase the count and therefore its visibility to the developers.
(If you find this reply helpful, please be sure to click 'Like', so others will know, thanks.)
If you find this reply helpful, please be sure to click 'Like', so others will know, thanks.
(Canadian user since '92, STILL using QM2007)
Have Questions? Check out these FAQs:- Quicken Windows FAQ list
- Quicken Windows FAQ list
- edited November 2016
Thanks again for your help!! Got it all straightened out . Quicken Mortgage Loan account is spot on..principal and interest amounts all square with the Mortgage Company balance. Made my weekend work with Quicken for Mac and I learned a lot!I believe your mistake is treating the principle as a category. The principle is always a transfer to a loan account, because it reduces the loan by the that amount.
Read this Quicken Mac FAQ for the description: How to set up a mortgage/loan (in QM2015/2016)
Watch the following video to help: https://www.youtube.com/watch?v=WNoaWmHWPcQ
(it mentions Quicken Essentials but it equally applies to QM2016).
(If you find this reply helpful, please be sure to click 'Like', so others will know, thanks.) - edited December 2016
Good going!I believe your mistake is treating the principle as a category. /horror-games-for-mac.html. The principle is always a transfer to a loan account, because it reduces the loan by the that amount.
Read this Quicken Mac FAQ for the description: How to set up a mortgage/loan (in QM2015/2016)
Watch the following video to help: https://www.youtube.com/watch?v=WNoaWmHWPcQ
(it mentions Quicken Essentials but it equally applies to QM2016).
(If you find this reply helpful, please be sure to click 'Like', so others will know, thanks.)
If you find this reply helpful, please be sure to click 'Like', so others will know, thanks.
(Canadian user since '92, STILL using QM2007)
Have Questions? Check out these FAQs:- Quicken Windows FAQ list
- Quicken Windows FAQ list
- edited December 2016
HQ, we can work this through and get you fixed up!Thanks for your detailed explanation. It all makes sense.
I'm still ground up trying to figure out how to reverse my mistakes.
I'll just add my update to the other Super User in terms of where I am. Feel like I'm in a Quicken maze that I created and can't find my way out! ;-)
My mortgage company debits my checking account automatically for my monthly payment. And, I download the transactions into the Quicken Mortgage Loan account. I did mistakenly create a category for the monthly principal and messed up the transfer that resulted from my download from the mortgage company.
Now, I can't figure out how to reverse my mistakes so the correct principal amounts reduce the mortgage loan account and the interest goes into an Interest Exp category. When I do a split on a monthly transaction and type in the principal amount from my statement Quicken creates a third row with an amount shown as uncategorized and I have no idea what the amount relates to.
Thanks again.
First, I wanted to clarify what you are downloading. Is it *just* transactions from your checking account bank, or are you also downloading something from Quicken Loans? Here's why I'm asking.. If it's just your checking account, then the split you create will transfer the portion of the payment that is principle to transfer to -- and reduce the balance of -- your loan account. But if you are also downloading transactions from Quicken Loans then you already have a transaction reducing your principle, and the approach in Quicken would be different.
I think I know what's happening, but before I go off on a wrong tangent, could you fill in a few details by saying what is one of the transactions is currently. Just use round dummy numbers, but tell me the total amount of the transaction, and then what the existing split lines are (category, transfer, amount).QMac 2007 & QMac Subscription • Quicken user since 1993 - edited November 2016
Thanks for your follow-up! Fortunately, I was able to clear up the issue by relinking the downloaded mortgage payments to the loan account. Everything is balanced now. Do appreciate your help!!Thanks for your detailed explanation. It all makes sense.
I'm still ground up trying to figure out how to reverse my mistakes.
I'll just add my update to the other Super User in terms of where I am. Feel like I'm in a Quicken maze that I created and can't find my way out! ;-)
My mortgage company debits my checking account automatically for my monthly payment. And, I download the transactions into the Quicken Mortgage Loan account. I did mistakenly create a category for the monthly principal and messed up the transfer that resulted from my download from the mortgage company.
Now, I can't figure out how to reverse my mistakes so the correct principal amounts reduce the mortgage loan account and the interest goes into an Interest Exp category. When I do a split on a monthly transaction and type in the principal amount from my statement Quicken creates a third row with an amount shown as uncategorized and I have no idea what the amount relates to.
Thanks again. - edited August 2018I am disappointed that you are/have not included loan amortization. You had it in previous editions and if I had known that I would have used a different product. Now I am committed to use 15 until the end of this year. January will be another decision point.
- edited December 2016
Apparently, Quicken is working on this feature, though no mention as to when it will be available. Meanwhile, to have your say, please add your vote to this feature request as noted above : https://getsatisfaction.com/quickencommunity/topics/using-quicken-for-mac-2016-for-mortgage-loan?top..I am disappointed that you are/have not included loan amortization. You had it in previous editions and if I had known that I would have used a different product. Now I am committed to use 15 until the end of this year. January will be another decision point.
(If you find this reply helpful, please be sure to click 'Like', so others will know, thanks.)
If you find this reply helpful, please be sure to click 'Like', so others will know, thanks.
(Canadian user since '92, STILL using QM2007)
Have Questions? Check out these FAQs:- Quicken Windows FAQ list
- Quicken Windows FAQ list