Jim and Dan, there's a lot of history that gets us to where we find ourselves today. The developers are well aware that Quicken Mac does not have all the functionality of Quicken Windows nor the legacy Quicken 2007 for Mac, and they are working to build many of the features users have been asking for. Progress is being made, but the progress is slower than both users, developers and Quicken management would have liked or expected. Why? This is likely way more information than you wanted, but I think if you read though it, you'll gain an understanding of why things are where they are and what the future holds..
Quicken for Mac was originally developed for the 'Classic' Mac operating system of the 1980s and 90s, and when Apple switched to the Unix-based Mac OS X in 2001, developers were aware that while Apple aimed to maintain compatibility as long as possible, eventually the underpinnings of old Mac OS would be retired and programs would have to be re-written for the new operating system. After the release of Quicken 2007, the developers at Intuit realized that so much of the code of Quicken was inexorably tied to things in the old OS, there was no viable alternative except starting over to build a new Quicken Mac using the more modern tools, database, graphics and frameworks of Mac OS X.
So starting in late 2006, that's what they aimed to do. It was a very big project, since Quicken 2007 was the culmination of nearly 20 year of code development. The team working on the new version didn't set out to create a look-alike of Quicken 2007, but to re-think the features and design of a program that had originally been developed when everyone had 12' monitors. The project was called Quicken Financial Life, and after two years of development, it never made it out of beta testing. During this development cycle, Mint.com was born -- a web-based financial management tool which looked clean and colorful and was easy to use. Recognizing the threat to Quicken's market dominance, Intuit purchased Mint in 2009, and installed its founder, Aaron Patzer, as the head of the Quicken division. He quickly revamped the stalled Quicken Mac project to make its user interface more like Mint, with colorful charts and graphs -- but there was still a huge amount of functionality missing. He decided to release an underpowered subset of Quicken, called Quicken Essentials, in early 2010. It didn't track investments, had rudimentary reporting, and lacked a great deal of other functionality from the legacy Quicken -- but it was something they could put on the market while they continued development. He promised Mac users a full-fledged Quicken Deluxe would follow the next year. It was not to be. Reviews and users disliked Quicken Essentials because of its limited features, so many users continued using Quicken 2007, and Intuit continued not bringing in much revenue from its Mac product. Intuit then underwent another management shake-up, with Patzer leaving the Quicken division, and the Mac project completely stalled.
It wasn't until late 2012 that Intuit hired a new product manager, Marcus Aiu, to pick up the pieces of the Quicken Mac development project. With only a handful of developers on the team, they needed to revamp some of the core code in Essentials to conform to changes in the Mac operating system, and then to develop the missing investment tracking functionality. After two years of development, in August 2014, the modern Quicken Mac came to market as Quicken 2015. Most of the people who beta tested that product argued that more features and fixes were needed before the product was released. Marcus explained that this essentially was a minimal viable product that they planned to rapidly iterate with user feedback. They felt it was a long-needed enhancement for users of the ill-fated Quicken Essentials product, but knew it didn't yet have the functionality to meet the needs of many longtime Quicken Mac users or Quicken Windows users.
Marcus posted this simple explanation shortly after Quicken 2015 was first released, something I wish the company would have displayed more prominently: 'I don't expect many Quicken 2007 or Quicken Windows users to purchase the product until it has the features they need. The bottom line is: we released what we felt was a great release [upgrade] for Quicken Essentials users, and the plan is to continue to enhance the product adding legacy features that appear in other versions of Quicken throughout the year.'
They've made a lot of progress since then, and added many major and minor features users have clamored for. But they thought they'd make much faster progress in adding features; they lost a lot of time re-writing code for changing Internet communications protocols, changing servers at Intuit, and eventually moving off some of Intuit's servers after Quicken separated from Intuit. At the time Quicken became an independent company in 2016, the CEO stated that Quicken Mac feature parity with Quicken Windows is a goal. (Cynics will note that Quicken Windows has its own share of problems that Quicken Mac ought not to emulate!) They also announced they were doubling the size of the Mac development team to build new functionality more quickly.
So where does that leave us in late 2018? I would argue that for all the shortcomings in Quicken Mac 2019, things seem headed in the right direction -- but the path is going to continue to be one of slow progress with bumps along the way. Quicken 2019 is vastly improved over the original Quicken 2015 four years ago, and even over Quicken 2017 two years ago. The developers don't pre-announce features, so we don't know exactly what it coming or when -- but they have hinted at some long-desired improvements coming in the not too distant future, including continued work on bringing powerful, flexible reports to replace the lame reports that still exist from Essentials 8 years ago; user control over payee matching and transaction auto-categorization; and user control over including account transfers in budgets.
Sorry if that was too long, but to me, the recounting of the entire tortured, twisted history helps me have some perspective and understanding of why things aren't at the level we'd yet like, and also judge the quality and pace of development over the past number of years. It's going to take another year or two, or more, to add many of the features that users are waiting for, but all indications are that they are headed in the right direction.
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About Quicken. Keep your finances organized with Quicken and make this tax season the easiest one yet. Get your complete financial picture at a glance. With Quicken, you can view your banking, investment, retirement, and credit card accounts - all in one place. Stay on top of your spending by tracking what’s left after the bills are paid. Quicken Essentials for Mac Old Version Oct 3, 2010 by Intuit. 3.6 out of 5 stars 1,368. Mac Disc Mac Download. QuickBooks Desktop Pro 2020 Accounting Software for Small Business with Amazon Exclusive Shortcut Guide PC Disc by Intuit. 4.4 out of 5 stars 364. 1 User - PC Disc.