Credit Card reports?
I can't get a credit card report on the new YNAB. I have used transfers from my bank to pay credit cards, is that why it doesn't show up? Desperate to get this together for a meeting with my debt pay down support group.
Hi Navy Blue Mare !
Are you looking for a report of the spending on that credit card? If that's the case, the Spending report can be filtered to only show specific accounts and categories. The same can also be done with the Income v Expense report.
There isn't a specific credit card report, but I hope that helps your search! :)
My credit card category shows NO Spending in either the spending or the income and expense report. I am ONLY paying them off. I don’t use the cards—they are medical expenses I incurred and am still paying down (20,000). But the payments aren’t registering in my reports. Even when I click on only the credit card category, there is no spending registered in the report. But they are in my budget and I have budgeted amounts each month. Not sure what is wrong?😳
Since you're just paying down that card, you can treat it as any other bill, with only a category. Payments would then show up in the reports. Refer to your statement for the remaining balance, so no interest to record.
Switch by recording an inflow in the CC account for the remaining balance categorized as TBB, and close the on-budget account. Create a category to plan for & record payments to moving forward.
If you wanted the account balance in YNAB, you could use categorized transfers to a Tracking account, which would also show up in spending reports.
Switch to this by creating a new Tracking account with $0 starting balance. In the current CC account, record a transfer from the new Tracking account categorized as TBB, and close the current account. Create a category to plan for & record payments to moving forward.
The expense occurs when you make the charge on the credit card. The payment is just a transfer of money between accounts.
As others pointed out, if you aren't using the cards, then it's best not to have them as budget accounts, and instead treat them like any other bill you have to pay. But that will only work if you really don't use them.