How to Switch Subscription to Quicken Home and Business

 

Quicken offers a wide range of financial solutions to its members. They have a large number of plans that fit the budget of everyone. However, there has been a recent development in that department. The newly introduced Quicken Home and Business plan offers the best of both worlds. Let us see why it has become a game-changer.

 

Benefits of the Quicken Home and Business Plan

 

The Home and Business (or H&B) plan allows you to manage both personal and professional finances. It offers convenience and simplicity, all under one roof. The major benefits include:

·        There are many features, which are a mix of all the previous versions.

·        You also have the choice to generate many financial reports.

·         This version also has excellent customer support.

·        The mobile app of this version is also pretty smooth, and convenient.

There is a steep learning curve to this, but it is totally with it. So now that you know the benefits, let us cut to the chase. In the next section, we cover the way to switch to the Quicken Home and Business plan.

 

How to Change to Quicken Home and Business

 

We would like to clarify that it is possible to upgrade and downgrade, both, to the H & B plan. There are certain points associated with them both though. First, we cover the process to change, and after that the conditions to do so.

 

1.     First, you have to go to Quicken’s website. Here you need to navigate to My Account.

2.     Now login to your account using the Quicken ID or email ID.

3.     After that, you have to click on Subscriptions.

4.     Now navigate through Resume Subscription > Manage Subscription. You can also click on Manage Subscription if available.

5.     After that, click on Change Plan. On the next page, you have to choose which subscription tier you wish to upgrade to. For the H&B plan, it’ll be Quicken Home, Business, & Rental Property.

6.     Finally, launch Quicken, go to open Quicken, and select Help > Check for Updates.

 

Conditions on an Upgrade

 

Here are the points to keep in mind when you are upgrading to the Quicken Home and Business plan.

·        It is possible to upgrade anytime. However, it can only be done once in 30 days.

·        After an upgrade, the pro rate of your original subscription value gets added as additional time.

·        Also, you have the option to redeem an activation code present in a retail copy to upgrade

 

Conditions on a Downgrade

 

If you have a plan which is more expensive than the H&B, then you need to remember these.

·        You can downgrade only in the last six months of your subscription term.

·        The new membership plan will start only after the original plan expires.

                   

To sum it all up,

 

The Quicken Home and Business version is the perfect middle ground for small businesses. There are a plethora of features that make it the most popular version of the finance manager. However, there is no Quicken Home and Business for Mac. So if you own a Mac, you might have to wait till the Mac version of H&B comes out (if it does). Apart from that, this version has all that you can ask from your finance manager.

Steps to Download PayPal into Quicken for Additional Convenience

 

Quicken is an ace financial manager that helps you sort out personal funds. The other app that has a stronghold in fund transfer is PayPal. So when you download PayPal into Quicken, it gets you the best of both apps.

Yes, it is possible to add PayPal into Quicken to transfer the transaction data. You can also import/export necessary details to prevent inaccuracies and save time.

 

How to Download PayPal into Quicken

 

There are two ways to download PayPal to Quicken. These include:

·       Using Express Web Connect, which involves adding PayPal to Quicken. This method also allows you to automatically update Quicken accounts. This is done after connecting them to financial institutions.

·       The second method is using the Quicken Interchange Format (QIF). With this, you ca import/export financial information using PayPal to the Quicken application.

Now that you have the basic idea, we can proceed to the process.

 

Option 1: Using the Express Web Connect

 

1.     First, you have to launch the Quicken application.

2.     Now you have to navigate through Tools > Add Account on the drop-down list.

3.     After that, choose your account type, either Saving or Checking.

4.     In the next step you have to enter your financial institution. Here you need to feed PayPal and select the PayPal > All Results list as well.

5.   Now you need to click Next.

6.     After that, you have to enter the PayPal username and password. 

7.     Now click on Connect to initiate the connection.

8.     Finally, follow the on-screen instructions to download PayPal into Quicken.

 

Option 2: Using QIF to download PayPal to Quicken

 

First, you have to download the QIF file.

1.     First, you need to visit paypal.com and log in to your account.

2.     After that, click Reports and choose Activity Download.

3. Here you will find the Create New Report box. Here you have to choose transaction types, date ranges, and currency (USD preferably).

4.     After that, click Create Report for your transaction history.

5. You will find the new report in the Activity Reports. After that, you have to download it once it is ready.

6.     You will find the QIF file in the Downloads folder by default.

 

After that, download PayPal into Quicken with these steps:

 

1.     For this, you have to launch Quicken.

2.     After that, go to Tools > Add Account. Now choose Cash.

3.     Here you need to click Next and follow the instructions to create the Cash Account.

 

After the creation of the Cash Account

 

1.     You have to navigate through File > Import > choose the QIF file.

2.     After that, you will find the QIF Import section and choose Browse.

3.     In the next screen, you have to choose the recently made Cash Account.

4. After that, you have the option to use the Include in Import option to add any additional info you want to import.

5.     Finally, once you are sure that all the options you need have been checked, you can proceed further. For this, you have to click on Next after you select adequately.

                         

To conclude,

 

It is quite convenient to download PayPal to Quicken. Iot happens when you join the two most popular financial service providers together. Moreover, this helps you keep track of your PayPal transactions with utmost convenience. We have also provided two ways to do so, so choose the one which is best for you.