Quicken 2007 for Lion

I was wondering if I can convert Q2006 to Q2007 for lion.  I am currently running on snow leopard?

Ralph Landry1 wrote:
Michael, if you had been on here and following the discussions since Lion came out you would know your statements are counter reality.  Essentials came out and was the stop-gap for the Quicken non-compatibility issues until fixes to 2007 were released.
I dispute both of your statements:
1.  "...if you had been on here..."  - Could you please clarify the time frame you are refering to here, please.
2.  Now Bee may have anecdotally found one Quicken 2007 user who now prefers Quicken Essentials.  I have never used Quicken Essentials, but I can only go on what I have read over and over again on this and many other forums.
Don't take my word for it: consider these forum statements:
https://discussions.apple.com/message/18194058#18194058
https://discussions.apple.com/message/17071010#17071010
https://discussions.apple.com/message/17025648#17025648
https://discussions.apple.com/message/16765893#16765893
https://discussions.apple.com/message/16736907#16736907
https://discussions.apple.com/message/16535450#16535450
https://discussions.apple.com/message/16535875#16535875
https://discussions.apple.com/message/15977474#15977474
https://discussions.apple.com/message/15974996#15974996
https://discussions.apple.com/message/15900994#15900994
... and I could go on and on and on...
The statement I was disputing was:
Another option would be to upgrade the Quicken to the new one for Macs.  It works so much better that 2007, and opens old Q files.
Your statement to me was:
Essentials came out and was the stop-gap for the Quicken non-compatibility issues until fixes to 2007 were released.
That is "apples and oranges!"
Now if you want to defend Quicken Essentials for what it offered until the release by Intuit of Quicken 2007 for Lion in March 2012, that is a different issue.  I still would dispute that as the "stop-gap" on the following basis.
When Lion was officially released, in late July, 2011, existing Quicken 2007 users could continue to use their PPC version of Quicken 2007 by:
1.  Restoring their original version of OS X that they were using before upgrading to Lion.
2.  Partitioning their hard drives or adding an external hard drive and installing Snow Leopard (with Rosetta) into it and "dual-booting" between Lion and Snow Leopard to continue to operate Quicken 2007 PPC as needed.
These workarounds worked for all Quicken PPC users until users purchased new Macs that came with Lion already installed on them. 
Some of these "new Lion Mac purchasers", such as myself, continued to use Quicken PPC on their second or third Macs that still ran Snow Leopard. 
For those who only had one Mac that only ran Lion, the next solution was to install Snow Leopard Server into Parallels or VMWare Fusion.  And since that was a "pricey" solution, I came up with my Installing Snow Leopard client (with Rosetta) into Parallels solution, which had its earliest posted incarnations in October, 2011:
[Quicken Deluxe 2002 PPC shown running here - click on image to enlarge]
So Quicken Essentials was hardly the only "stop-gap" solution for those uninformed users of these other options posted here on this forum and even at that for a short period of time, if at all.
And even Intuit admits that when you import Quicken Essentials data into Quicken 2007 for Lion, you lose:
Budgets
Reports
Currency settings
Category tax line item assignments
Scheduled transactions
Financial institution records
Tags
Online payee information
Download references attached to transactions
Account settings such as Hide Account, and online enabled account user IDs and passwords
So based upon all of these quoted negative comments about Quicken Essentials, I would NEVER advise a current user to use it in favor of Quicken 2007 for Lion, Bee's one friend, notwithstanding!

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