Migration from Mac Power PC Quicken 2004 to latest Quicken Mac version

I had my Mac power PC die running Quicken 2004.  Want to migrate files to Quicken Mac Essentials.  After reading community notes see i need Quicken Mac 2007 as interim migration release.  Have purchased Quicken Mac 2007 but now find I need to first migrate files from power PC format to newer intel file format to support use on new iMac running latest operation system release.  Can anyone help me?

Answer

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You actually didn't really need 2007 in this case (the convertor for Essentials actually is a stripped down version of 2007)

What your problem is going to be is-without access to a PowerPC machine (or one with Rosetta), you can't convert 2004 files. The convertor and the Lion compatible version of 2007 (which you likely purchased) can only process 2005 and newer (what they support)

Now, if you have access to an older PPC mac or one running 10.5 or 10.6, post back and I will explain how to do the conversion.
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John in NC , jrs8084
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