Credit Card Budgeted Spending unchanged
Hi there, i have just migrated from old YNAB to new one, i see there is a credit card category auto sort my credit card payment, there is a budgeted spending even after i reset the budget from my old data, it doesn't update, say i have reset budget zero on a category, however budgeted spending of the credit card of that month still exist
Hey mechcalvin ! Welcome! Budgeted spending is a feature of the credit card handling. Here's a video showing the differences, that you might find helpful.
Now in YNAB, we treat credit card purchases as debt—until the balance is paid. When you use your credit card to make a budgeted purchase, the money is moved from the spending category (groceries, for example) to the Credit Card Payment category.
You'll budget directly to the Credit Card Payment category to cover any outstanding debt on the card, or set a goal if you weren't planning to pay it to zero. The amount in the Payment column in the Credit Card Payment category is for your payment, so it should be green—or gray, if $0. If you pay in full, the balance owed should match the amount the in Payment column.
This HelpDoc goes over a little more on what to expect when Migrating from YNAB 4. Let me know if you have any questions at all!
I want to change the budgeted for because i found out i had some old regular budgets were set incorrectly, they carried on for months wrongly. I thoght after i adjusted the budget, they wont assign to credit card budgeted spending but they stay, do i need to correct them from old ynab and reimport them again?
Thanks for the YNAB team effort the confusion is finally settled for me. the reason is any positive budget category that has credit card spending on it will be automatically classified as budgeted spending.
say a category spending with $100 positive budget available has $15 dollar of credit card spending in it, that $15 dollar will be classified as "budgeted spending" even you didn't assign any budget of that category.
if you want to clear that "budgeted spending" (for the sake of testing), you just not only need to put -$100 to make budget available zero, you need to budget -$115 to include that -$15 money spent on the credit card to make the "budgeted spending" completely gone, and that will leave a marking of "overspent credit card spending of $15" to remind you you have spent $15 by the credit card that has didn't plan
again, thanks for the multiple emphasis what i try to achieve is not what ynab created to do, of course i am not going to do that but this help me understand what that specific item works as the new ynab handle credit card differently, thanks again for the effort.
*mark as answered*