I know this is a brand new service and that things will be added as time goes on (which is the beauty of it!), so I figured I would start a thread now for all of the crucial things people might find that it is currently missing. Hopefully this list is obsolete soon :)
1) Budget Tracker
This is a standard feature in every financial product (even Mint, a free service), and could be one of the most useful parts of having this online program accessible on a mobile device. In my opinion, this is a "must have" if I am going to pay for this service.
Hopefully there is simple graphical & textual representation for both local and mobile interfaces. Give me anything graphical except for a pie chart :)
2) Custom Bill Reminders
It seems like Quicken is already on this one, as there is a forum dedicated to "Setting up bill reminders". Hopefully this feature comes soon!
3) Mobile Modifications to Payee Name & Category
Hopefully this is fixed soon, as iPhone & other power mobile users will be disappointed with the steep difference in interactive features between local & mobile interfaces. Right now, the only interactive part to the iPhone interface is entering transactions, and once the transaction is entered it is un-editable until you get back on your computer.
4) Online Bill Pay from both Computer and Mobile (at least computer)
5) Modification of Multiple Transactions
The online interface requires individual editing of transaction payee name, category, notes, etc.. I had to copy paste countless times to successfully name my older transactions from the same payee. A simple shift click (as in all desktop finance applications) should be able to select multiple transactions and modify them all at once.
Ability to manually refresh from the mobil app. My bank requires an extra security key be entered every time I log in. It kind of defeats the purpose of a mobil app if I can't get my latest transactions on it
Many community members have suggested "splitting" transactions. I agree. When I go to the gas station, part of the transaction is for gas and some may be for food/personal. When I go to Wal-mart, some may be for business and some may be groceries.
I would also like the feature of manually assigning colors to categories in "trends". Or to be able to include or omit categories in the pie chart, just as we are able to include or omit certain accounts. I don't need my travel expenses included in the pie chart for instance. Or perhaps I only need to compare three categories. The "include in Trends" feature should be included next to the transaction category section under the Trends tab.
I would really like to be able to view my income in a "Trends" like tab. I have several different sources of income, and it would be nice to have them graphed in a pie chart. I take a lot of time to properly label all of my income transactions and create custom categories, so it would be a nice feature to view them in "Trends".
Perhaps you could create 2 "trends" tabs: one called "Spending Trends" and one called "Income Trends".
I really want to see the money set up in goals to be reflected in the real balance on the home page. I am expecting to spend the money in my goals, and want to see how much is left when it's all said and done. The current method does not take this into consideration, projecting a falsely high figure of funds left until the next pay period.
As Goals are informed by Trends, Scheduled Transactions are informed by Goals. This then begins to put your Goals/Budget into practice. In theory, every Goal should have scheduled transactions.
I would like to have the ability to add a scheduled/upcoming transaction(s) for each Goal directly on the Goal line item (i.e., Goal XYZ... Click here to schedule transactions).
I would also like to have on the Goals tab an Income Section and Net Diff Section (i.e., Income - Expenses). This way I can see if my Goals are within my means.
Homepage's "What's Left Until Next Paycheck" does NOT add in upcoming deposits...only expenses. Therefore, my forecast is ALWAYS wrong. I'm sure I'm not the only one with other income besides a payroll check.
The inability of the product to handle investment transactions is terrible. I agree that the feature should be prioritized behind splitting transactions but I won't be using this product regularly until it knows how to handle investment transactions. Otherwise according to your product I'll always be overspending because it doesn't understand where the regular transfers out of my brokerage account are going.
For me the sub-categories and budget options are a must as well and I am hoping those features will be added as well. Also, it is dissapointing not beeing able to add transactions older than 90 days of startup. My fiscal year is Jan.1 - Dec. 31 and that is how I like to plan my budget but since I started in June I can only go back to April.
Other issues:
1) missing split transactions
2) had to get creative getting a zip code as I live in Canada
3) chart options would be good
4) limited uses with itouch or iphone
Plus points:
1) I found it easy to setup accounts
2) Access it from a mac or various types of operating systems
3) simple to use
4) pie chart has nice features when you slide the mouse over or click on it.
5) ideal when you travel a lot
I have been using the desktop version of Quicken since 1997 and think its the best thing out there for personal finance although investment transactions are kind of quirky. I started playing with Quicken Online when it first came out and was pretty disappointed (I know, it's new and under-developed), especially when I started to use mint.com. I am a loyal Intuit customer, but you guy's have some work to do to get in the same ball field as mint.
I really like the idea of the online and mobile interface because I can share the same (mobile) log in with my wife and we can both be on the same page regarding our finances and budget (currently using mint) That said, my priority enhancements would include the following:
1) SPLIT TRANSACTIONS!!! I will not use Quicken Online exclusively until this happens.
2) Sub-Categories
3) Ability to transfer between accounts would be nice (but not necessary)
4) Multiple Transaction Edit
5) Transaction Tags
6) Investment Performance and Analysis
7) Desktop Synchronization
Kudos on the memorized payee (this feature is really slick) It would be nice to report only on a selected payee with sub-total although you can sort by (ascend/descend) in the transaction list. I am also sure I speak for all users by loving the fact that you guys are not junking up the interface with advertisements. Keep up the great work and we look forward to much progress!
Setup your credit card as its own account and categorize each transaction. When you pay your credit card you just code that transaction to 'Transfer Out'. The transfer in and out categories do not affect your balances.
Since some financial services are hard to support (for example Paypal Plus Credit Card) it would be really helpful if I can upload ofx/qfx files and avoid online synch drama.
the ability to create rules that recategorize or rename future transactions based on past modifications, and the ability to globally modify the names/categories of old transactions.
Weekly recurring Transactions - please show them projected out further than the coming week
I have one transaction that occurs every week. It only shows in upcoming transactions for the next immediate week. In order for me to actually see a true outlook for the coming month I have to add 'one time' payments for that transaction for each forthcoming date through the upcoming month. When the same recurring event does populate I then have to delete the duplicate one time payment to rebalance. My only complaint! Aside from that I am trying to get everyone I know to use this program. Also am a MAC user, so this works perfect as a lot of budget/finance software does not run.
Split Transactions
How about being able to split transactions...
Is it me, or does the Online Quicken blow away any other version? I've been using it for three days now.
I've used the Mac Version (Awful! I won't go there), Home and Business, and Rental Management all in the last 10 years. I'm really enjoying this version and would wonder why I would even purchase it any more. Am i missing something? Am I going to get addicted to it and then have Quicken start charging me to use it? What's in it for them???? Help me understand it, because I'm ignorant about this stuff!!!
Split Transactions
How about being able to split transactions... Is it me, or does the Online Quicken blow away any other version? I've been using it for three days now. I've used the Mac Version (Awful! I won't go there), Home and Business, and Rental Management all in the last 10 years. I'm really enjoying this version and would wonder why I would even purchase it any more. Am i missing something? Am I going to get addicted to it and then have Quicken start charging me to use it? What's in it for them???? Help me understand it, because I'm ignorant about this stuff!!!
They started the online version with a monthly fee and then they turned it into a free version.
It looks like it will stay free.
I would like to see split transactions. It's been a while since I've used Quicken but I use to split my paycheck out with gross income and the various taxes. This would also be helpful to track bank fees on ATM withdraws. Example $100 to cash & $3.00 to bank fees. Maybe the online version can already do this but I have not been able to crack the code.
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