Need to know more about Simplifi

CaliQkn

I am currently using Quicken Classic, but from time to time, I think about switching to Quicken Simplifi. Some things keep me from looking into it further -

1. Do investment accounts show investment transactions?
2. Can historical transactions be loaded/converted into Simplifi?
3. Is it possible to run a "Net Worth Over Time" report?

I tried using Quicken Simplifi years ago, and it looks like it's changed since then.

RobWilk

1. I don't have any investments, I can't answer this one.
2. There is no "import from quicken classic" function, but I believe there is a way to import historical transactions via CSV. However, transactions older than the date the account was opened DO NOT AFFECT THE NET WORTH REPORT, which may be important to you — there is an idea post somewhere you can vote on that for.
3. Yes, but like I said, all net worth balances start the date the account was created in Quicken Simplifi, historical transactions do not affect net worth report values.

Here is where you can vote on my idea to let historical transactions affect net worth report:

https://community.simplifimoney.com/discussion/4780/net-worth-report-start-tracking-balances-on-the-date-of-opening-transaction-edited

Coach Jon

Hello @CaliQkn,

Thanks for the reply! Our Investments feature would be slightly different from Quicken Classic. This support article goes into more detail on how it works within Quicken Simplifi. https://support.simplifi.quicken.com/en/articles/4474538-tracking-investments-in-quicken-simplifi

-Coach Jon

Coach Jon

Hello @CaliQkn,

Thanks for reaching out! To answer your previous point about investments, yes, investment accounts do show investment transactions within Quicken Simplifi, as well as Holdings.

-Coach Jon

CaliQkn

@Coach Jon thank you. For clarification does Simplifi use "Complete Investing" vs. "Simple Investing" tracking? I am using Quicken Classic terminology so it might not equate to what Simplifi has.

CaliQkn

@RobWilk Thank you for your feedback. Historical net worth reports are important to me but it's something I can do without if it comes to it.

CaliQkn

Thank you both for your feedback. It gives me something to think about.