[GNC] Balance Sheet and Cash Flow Report

[Adrien Monteleone]

You are in the right place.

Let's take these in order:

#1 Categories/Accounts

GnuCash uses Accounts, not Categories, but you can think of them as 
roughly equivalent for what you are likely using them for in CheckBook Pro.

#2 QIF Import

I don't use this import myself, but I *think* if you don't have an 
account created, you either get the option to, or it is done for you. 
Perhaps someone who regularly uses QIF can shed more light.

I'd advise that the import will probably go a bit smoother if you create 
your Accounts when you first set up your GnuCash book. (if you miss a 
few no big deal, but try to get that done first if you can)

#3 Balance Sheet

Yes, you can produce a Balance Sheet report. This report is not for a 
date range, but as a snapshot in time. (this is not particular to 
GnuCash, this is part of the definition of Balance Sheet) But you 
certainly can produce a Balance Sheet for every month if you like. (that 
is, different reports as of the last day of each month) There is also an 
experimental Multi-Column Balance Sheet report that may be useful but it 
is not presently 'comparative' with variance columns, but you can always 
export any report to a spreadsheet and make your own modifications.

#4 Cash Flow

GnuCash does have a Cash Flow report, but it is more general than most 
are used to (maybe more accurately titled 'Asset Flow') and is not 
predictive without some extra work. It does report over a date range, 
but for the entire range, not by period. (you'd need to run reports for 
separate periods)

Regards,
Adrien

On 2/10/21 12:20 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?
> 
> 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?
> 
> 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