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[Geert Janssens]

On Monday 26 October 2015 17:36:43 Curlyfoo wrote:
> Thanks John. I am now officially overloaded with geek speak 😳😨 meant
> in the nicest possible way. I think I will just have to live with it
> 😊. I suspect this forum is not for us beginners. Thanks for trying.

Ok, let's try another approach:

You say your GBP account only has £'s in and £'s out. That doesn't make sense in GnuCash. 
When £'s leave your GBP account, they are transferred to another account (one of your 
expense accounts no doubt). That's the basis of double entry accounting gnucash is built upon.

So that other account, where you "send" the £'s to (the one you enter in the transfer column in 
the GBP account register), in what currency is that denominated ? Is that also in £ or is that in 
NZ $ ? If the latter, gnucash will have to ask you for an exchange rate.

Regards,

Geert

> > On 26/10/2015, at 2:14 PM, John Ralls <jralls at ceridwen.us> wrote:
> >> On Oct 26, 2015, at 1:34 AM, Curlyfoo <curlyfoo at gmail.com> wrote:
> >> 
> >> Thanks for your help, John. I don't need Gnucash to do any
> >> conversions as this account only has £s in and £s out. No foreign
> >> currency is used. I may try changing the base currency which is
> >> set as NZ $ to sterling when in UK and reverting to NZ $ when in
> >> New Zealand. Would that work? Thanks
> > 
> > Please remember to copy the list on all replies.
> > 
> > You can’t change the base currency, you can only change the default
> > currency and that only operates when you’re creating a new account:
> > The account editor presents it as the default currency, which as
> > you know you can override. Neither should have an affect on what
> > the transaction commodity is, and that along with the split
> > commodity (derived from the account the split affects) is what
> > determines whether an exchange rate is required.
> > 
> > Accounts don’t have £s in and £s out. Accounts have a commodity (of
> > which currency is a special type). Do you think that you’re getting
> > the Transfer Dialog when you’re creating transactions solely
> > between two GBP accounts?
> > 
> > Regards,
> > John Ralls
> 
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