[GNC] Balance Sheet and Cash Flow Report

[Derek Atkins]

Hi,

On Wed, February 10, 2021 1:20 pm, E. Nick Henery wrote:
> Team
> I am new at this, so please bare with me as I learn the correct process.
>
> I am not sure If this the place to ask these questions.  If not would you
> please direct me to the right location?

You reached the right place.

> I use an iMac and I use CheckBook Pro from the Apple Store to do my
> accounting for personal and a small business.
>
> I can export a QIF file from CheckBook Pro.  My question is:  If I import
> the QIF file from CheckBook Pro into GNUCash, will GNUCash set up the
> account in GNUCash and use the categories I have used in CheckBook Pro?

It depends on how the QIF looks.  IF Checkbook Pro outputs QIF with
Category information, then GnuCash will use that category information. 
Within the import, you get to map each QIF Category with a GnuCash
(Expense) Account.  For example, the "Groceries" category might get mapped
to "Expenses:Groceries" GnuCash account.

If there is no category, the importer will attempt to use the Payee or
Memo fields, and lets you map THOSE to GnuCash accounts.

> Apple Support directed me to look at GNUCash, and it looks like it will do
> what I need.  That is; if the import of the QIF file into GNUCash is
> successful, can I produce a Balance Sheet and Cash Flow Report by month
> over a set period (Yearly)?
>
> If I am in the wrong place to ask these questions; I apologize for any
> inconvenience I cause.  Thanks Nick

Hopefully this helps?

> Please remember to CC this list on all your replies.
> You can do this by using Reply-To-List or Reply-All.

-derek

-- 
       Derek Atkins                 617-623-3745
       derek at ihtfp.com             www.ihtfp.com
       Computer and Internet Security Consultant