Intuit has released a Mac OS X 10.7 (“Lion”) version of Quicken Mac (http://macte.ch/nKHyy). The company says this version “is ideal for Quicken for Mac customers who use Apple’s latest operating system.”

It costs US$14.99. Quicken Mac 2005 – 2007 data files will automatically convert into the Lion compatible version. If you’re currently running Quicken Essentials for Mac on OS X 10.7 Lion, and have previously converted from Quicken 2005, 2006 or 2007 for Mac, you’ll be able to migrate your Quicken Essentials transaction data to Quicken Mac 2007 OS X Lion compatible.