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Quicken Community / Forums / Quicken Online--the Online Quicken product / Upcoming Product Features /
Easy Win: Adding an Asset account (car, house, land)
Jul 09, 2008 02:22 am

[marktun]
marktun

Total posts: 21
Voted helpful: 1
Number of years using Quicken: 10+ years
Quicken Online 2006
Windows Vista
This post is about: Quicken Online
Here's a suggestion for the Quicken Online development team that would allow users to easily have a more complete financial picture of all their assets.

The Quicken for windows product allowed users to add asset accounts--such as a car, home, yacht, etc--and associate a value with it. You might change that value over time as the asset appreciated or depreciated, but having it including in your total financial picture easily gave users a path to see their true net worth.

Lacking this functionality today, a user can "see" their mortgage amount, but not the corresponding asset value (in this example, of their house). Thus, there's no easy, at a glance way to get to net worth.

Since there's no need to link to a financial institution but rather you'd just let the user create an asset and assign/change a value, this is likely an easy change, and a high impact one.

Thanks for considering this request.

With best wishes,

Mark
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[petelaura]
Minnesota
Total posts: 8
Voted helpful: 2
This is a new post #4
of 9 		Easy Win: Adding an Asset account (car, house, land)
Oct 23, 2008 11:31 am 
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This post is about: Quicken Online
I have been patiently waiting for this feature too. Having it missing make the whole product seem incomplete.

Isn't it safe to assume that many people interested in the online version will have experience with the previous versions of quicken? One of the primary top-level features of quicken is that it automatically calculates your net worth. I'm hoping this is added to QOL, or it's hard to justify the price. Being able to manually enter asset values is necessary for this.

It seems like this should be so much easier than online accounts. The delay is frustrating.

Replies to this message
  • pheininger (Nov 1, 2008 7:24 am)



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    [pheininger]

    Total posts: 101
    Voted helpful: 10
    Number of years using Quicken: 10+ years
    Quicken Premier Home & Business 2002
    This is a new post #5
    of 9         		Easy Win: Adding an Asset account (car, house, land)
    Nov 01, 2008 06:24 am 
    Reply to this message  
    This post is about: Quicken Online
    Replying to: petelaura (Oct 23, 2008 12:31 pm)
    "Isn't it safe to assume that many people interested in the online version will have experience with the previous versions of quicken? "

    In my opinion, the answer is "no". But I have no idea what percentage of people who tried the service were recent users of either Quicken for Windows (in USA or Canada) or Quicken for Macintosh (in USA or Canada). That is a very important piece of information for Intuit to have in order to make decisions about the Quicken Online service.

    Paul

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    [rsouviney]
    California
    Total posts: 6
    Voted helpful: 1
    Number of years using Quicken: 6 to 10 years
    Quicken Mac 2007
    Mac OS X 10.5
    This is a new post #6
    of 9         		Easy Win: Adding an Asset account (car, house, land)
    May 09, 2009 02:08 pm 
    Reply to this message  
    This post is about: Quicken Online
    I would like to add assets like the current value of my home to my QOnline account as well so it will show my total Net Worth. Has any progress been made on adding this feature in the last year?

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    [dhergert]

    Total posts: 9
    This is a new post #7
    of 9         		Easy Win: Adding an Asset account (car, house, land)
    May 20, 2009 07:28 pm 
    Reply to this message  
    This post is about: Quicken Online
    Quoted from: Quicken Jim (Aug 28, 2008 11:29 pm)
    We are working on accounts not linked to a financial institution, so that would allow for this. We are starting with a Cash tracking account, but the functionality that is required for that is mostly the same as what is needed to solve the problem you outlined.
    @Quicken Jim: where does this stand, its 9 months later... any chance of seeing it?

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    [jessewp]

    Total posts: 1
    This is a new post #8
    of 9         		Easy Win: Adding an Asset account (car, house, land)
    Oct 18, 2009 07:54 pm 
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    This post is about: Quicken Online
    Looking for info here?

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    [PeterN]

    Total posts: 1
    This is a new post #9
    of 9         		Easy Win: Adding an Asset account (car, house, land)
    Nov 15, 2009 12:27 pm 
    Reply to this message  
    This post is about: Quicken Online
    I agree. Knowing that MS Money is on it's way out and that is what I currently use, this feature would certainly help me decide what I alternatives I should consider.

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