Yes, it was easy to merge. Follow the steps. I was in the same situation and converted from Microsoft Money.
answered on July 2, 2013
Yes, it was easy to merge the two. I wanted a cheap version just to do my personal finances, and was so disappointed that MM was no longer available. This quicken version does not do what MM did, but I'm getting used to it. The one thing that I miss is the automatic entry of items - which I can't seem to get this one to do. I just followed the directions, but it was so long ago, I don't remember now what I did.
It's been a while but if memory serves me right it has a built in function. I merged mine with the 2010 version seamlessly. I have been very happy with it.