The applicability of Green's function (GF) and Feynman path-integral quantum Monte Carlo (QMC) methods for the simulation of cyclic networks with (4n + 2) and 4n (n = 1, 2, 3, …) electrons is analysed. Both QMC techniques are employed in simulations on the basis of the simple Huckel Hamiltonian which is exclusively defined by nearest-neighbour hopping elements. In addition we have used the Pariser-Parr-Pople (PPP) Hamiltonian to perform GF QMC simulations. The electronic energies E derived by the QMC methods are compared either with Huckel molecular orbital (HMO) results or exact configuration interaction data where (π) electronic correlations are fully taken into account. A sign problem occurs in QMC simulations of 4n annulenes. This leads to an error in the total energy in the standard formulations of the employed QMC techniques, which is enhanced with decreasing ring size. A simple modification in the QMC formalisms is suggested to avoid the numerical uncertainties caused by the sign problem in 4n annu...