Accounting Periods

[Mike or Penny Novack]

On 2/25/2015 7:40 AM, Rodolf74 wrote:
> Can you discuss here for me what is Quicken and Gnu? You know I need to make
> balance sheet report of my business but I am not getting how I can make it.
> I remember once my professor  Aloke Ghosh <http://www.alokeghosh.com/>
> shared some important points in making balance sheets. But all of those
> points now I don’t remember, can you help me?
You need to look at ALL of the different reports gnucash can produce, 
and then for the reports you intend to use, what "options" you can select.

If, as you say, you don't know how to get gnucash to produce a Balance 
Sheet, then it is obvious you haven't yet looked at the available (built 
in) reports yet. The only possible source of confusion about reports 
would be with the ones where gnucash calls the report by a name other 
than what you are looking for (example: what gnucash calls the Income 
Statement is what might otherwise be called Profit and Loss or Statement 
of Revenues and Expenses -- for profit and non-profit entities 
respectively). But that minor problem does NOT exist for the Balance 
Statement which has the expected name).

So find the reports tab and choose the category of reports you want to 
look at.

Michael D Novack

PS: "Quicken" is the name of a commercial bookkeeping program often used 
for personal bookkeeping (one that you have to buy). "Gnu" is a prefix 
commonly used by software produced under free licensing conditions. I 
put it that way because technically nobody is obligated to provide free 
as in free beer copies to you, but those are usually available and the 
free licensing means nobody could get away charging you a lot for a copy 
(somebody else could always step in undercutting that price or even 
totally free).
<< the origins of the free software movement were before the internet 
had the bandwidth to make free as in free beer distribution practical 
which is why the obligation is worded "for no more than the reasonable 
and customary price for the medium on which distributed" --- so if you 
wanted the copy mailed to you burned on a CD or DVD expect to pay a few 
bucks>> What HAS to be made available on those terms is the SOURCE CODE. 
But again, the free license means no way to restrict somebody else 
compiling it for you and giving you an installable run exec. >>