Problem posting an international trnsaction

[John Ralls]

> On May 24, 2016, at 9:34 AM, Ruth Morley <morley.ruth at gmail.com> wrote:
> 
> I am trying to post a transaction showing the movement of money between my
> US and French accounts. The US is in USD and the French account is in euros.
> I enter the transaction in my US bank account ..and enter the Transfer with
> the address of my french account.
> All goes well..I am asked for a currency conversion rate, give it and the
> transaction is posted corrected as a withdrawal from the US account.
> however in the French account the transaction is a charge rather than
> income.
> Two questions
> The US bank account is set up as an account under Current assets...the
> French under French Current Assets..is there a reason that one shows up
> with deposits and withdrawals while the French shows up as charges and
> income..I think this may be the root of my problem.

Yes, it is: It would seem that you set up the French account as type income instead of asset. You can change it easily by selecting it in the Accounts page and clicking the Edit button on the toolbar. The account type is in the lower left of the dialog box.

Regards,
John Ralls