Quicken 2005 Deluxe [Old Version]

I have been a Quicken user for 15 years and recently upgraded from 2004 to 2005 deluxe. To date, this is the slowest performing release yet. After spending many hours with quicken support via e-mail, chat and on the phone, no one could help. I also found may other users in Google groups indicating the same poor performance. Another big drawback is that in 2005, there is only partial support for QIF files. I used these frequently and can not understand Intuit's logic on removing this feature. I plan to request a refund for this product directly from Intuit.

QIF imports have been eliminated. Too bad for you!
This is the first program that I have used that removes functionality in higher versions.
Stick with Quicken 2004 and you will be fine.

Upgraded from Quicken 2001. Seamless and painless installation; took all of 3 minutes to install and import my current files. The 2005 version has a sleeker look, more features, yet is, if anything, simpler to use than 2001's version.

I upgraded from Quicken 2002 to 2005 and was shocked to find that QIF was no longer supported for most account types and there is really NO substitute for QIF. QIF support is totally gone in Q-2006. The new OFX format does NOT replace all of the QIF functionality. For example if you had Quicken 2005 you would not be able to merge your wife's and your own financial data into a single Quciken file. If you had an earlier version of Quicken you could use the export/import to QIF to accomplish this.

In addition things have moved around, etc and I find myself having to learn how to use the program all over again. Manual investment account entries are actually harder and more time consuming to enter in Quicken 2005 than in 2002.

I plan to return my 2005 version and keep using the more functional older version. I do not understand why Quicken eliminated the QIF feature. Their website gives a vague reason but I do not believe it. Too bad they didn't do a little research to see what their customers want.

From Quicken:

We are implementing the changes to QIF Data Import in three phases.

In phase two, with the release of Quicken 2005 for Windows, QIF Data Import will no longer be available for checking, savings, 401(k) and all other brokerage accounts.

Why:
Some of the limitations with QIF include the following:

QIF was never designed to be a transaction download standard, it was designed for technical support purposes.
QIF Import can lead to duplicate transactions.
QIF Import requires a multiple step process for data import.
QIF does not allow Quicken to automatically set up accounts within Quicken.
QIF is not supported by Intuit technical support.


Flawed Logic:
So forcing the user to enter all of the transaction individually by hand will solve these problems? I don't think so.

Quicken has also the flawed logic that customers will switch from non-cooperating institutions to get OFX support. Not me.