This is similar to physical bookkeeping. If your income and bank account are both in GBP, there won't be any conversion. However, if your income is in GBP but your bank account is in USD, you'll need to enter the conversion rate when recording the transaction.
Saludos Cordiales Murugan ________________________________ From: gnucash-user <gnucash-user-bounces+m.muruganandam=hotmail....@gnucash.org> on behalf of Bruce Griffis <bruce.grif...@gmail.com> Sent: 12 March 2025 16:29 To: gnucash-user@gnucash.org <gnucash-user@gnucash.org> Subject: [GNC] US Based - have income in both USD and GPB - how to enter into GnuCash I started doing some online stuff for Prolific. They pay in both US dollar and GPB depending on where the researcher is located. My default currency is USD. How would I record an income transaction that is in GPB? Would I need to do a conversion based on USD to GPB on that day? _______________________________________________ gnucash-user mailing list gnucash-user@gnucash.org To update your subscription preferences or to unsubscribe: https://na01.safelinks.protection.outlook.com/?url=https%3A%2F%2Flists.gnucash.org%2Fmailman%2Flistinfo%2Fgnucash-user&data=05%7C02%7C%7C34868928114846f2fcd508dd619c878b%7C84df9e7fe9f640afb435aaaaaaaaaaaa%7C1%7C0%7C638774047111444881%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&sdata=mjvuh%2FggK6BEW%2BAShtrNeKv%2BziXoBEM7xFAdS%2Fd4nvM%3D&reserved=0<https://lists.gnucash.org/mailman/listinfo/gnucash-user> ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All. _______________________________________________ gnucash-user mailing list gnucash-user@gnucash.org To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
