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Quicken Online Dies > MoneyStrands, NOT Intuit Mint.com

Intuit said it would phase out Quicken Online, but give users a "seamless transition" to Mint.com. Now Intuit will not move data to Mint.com due to complexity. Quicken Online users cannot upload data into Mint.com, but can upload to MoneyStrands.

PRLog - July 21, 2010 - FT. LAUDERDALE, Fla. -- Last year Intuit bought Mint.com, a Quicken Online personal financial software competitor. Intuit said it would phase out Quicken Online, but give users a "seamless transition" to Mint. However, $3+ billion Intuit will not move data to Mint.com "due to the complexity of different categorization tables, budgets, and account authentication between Quicken Online and Mint.com." Intuit says they must start from scratch before on August 29, when Quicken Online dies.

Many Quicken Online forum users no longer trust Intuit, due to its outrageous broken promise. Many paid monthly until companies like Mint.com succeeded. How could Intuit investigate Mint.com, buy it for $170 million, announce it would transfer data, and then say it could not do it? Easy, it was cheaper not to do it, when all that matters are Intuit profits. Clearly, Integrity Without Compromise, Intuit's supposed #1 operating value, has become The Big Lie.

Former Quicken Online users can start over with Yodlee (tied to Bank of America) or use my new free favorite, MoneyStrands (see free MoneyStands videos). Quicken Online users can download transactions in CSV format with this Quicken Online help. You cannot upload CSV into Mint.com, but you can upload to MoneyStrands, in CSV, QIF, or QFX format. This means you also can upload from Quicken desktop or financial institutions not yet supporting MoneyStrands.

We can do this for you. That is amazing, since it is too complex for Intuit. MoneyStrands also may soon let us drop QuickBooks entirely. Imagine never manually downloading banks or credit card transactions, as we do in QuickBooks. Imagine having all your financial transactions in one place, automatically updated daily. Imagine the cost savings if your accountant uses your free MoneyStrands to do your financial statements and tax returns, without entering transactions again.

That is what I will be working on. Unlike Intuit, I will not promise what I am too cheap or dishonest to deliver. So check http://www.QuickBooks-Blog.com/ for the version of this post with links and much more.

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Internationally-known QuickBooks Accounting Software CPA and former Intuit insider has the fastest, easiest and least costly way to better use current and future accounting software and add-ons.

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Source:Mike Block CPA
Location:Ft. Lauderdale - Florida - United States
Industry:Accounting, Business, Computers
Tags:quicken online, moneystrands, intuit, mint.com, quicken online dies, not intuit, not mint.com
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