Accounting Periods

[David]

@roldof74, I am trying to answer you, but things keep happening.

Quicken is a Personal Finance program that has various degrees of complexity
for different uses.  There is the Beginner version with basic Checkbook,
Savings Accounts and Budget modules.  Then it moves to Deluxe which adds
some Budgeting and Reporting, and allows you to connect directly to your
Financial Institution to download transactions directly; then Premium
Version which gets more Investment accounting choices; Home and Business
which adds the Tax and Accounts required for a small business; and finally
Rental Property Manager which adds accounts and methods to do accounting for
Rental properties.  All versions have the ability to pull Balance Sheet
Reports, Cash Flow, and Spending Reports.

Your question about GNU.  Well GNU is an Operating System in the Linux
family.   GnuCash is a Personal Finance program similar to Quicken as a
program but it runs on one of the GNU Operating Systems, while Quicken only
runs on the Windows or MAC operating systems.

I can not tell you much about a Balance Sheet but I found a link that
explains it fairly well.  The thing to remember is that once you have a 
Personal Finance program on your computer and initially get your beginning
balances into it, you can go to the Reports module and pull a Balance Sheet
and if you Import your past transactions you can start pulling Income
statements and other reports about spending cash flow etc.  You can Google
Balance Sheet and get other links that might help you build one from paper
records.  



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