Credit Card Overpayment
Having an issue with one of our credit cards.
This store card is only used for clothing at a particular store. We have never spent more $ than budgeted for clothing in one month or have ever gone negative in the category. We pay the card off completely each month and never carry a balance. The issue is that we paid the $65 balance and then something was returned a few days later for $42. YNAB is reporting that we overspent on the credit card by $42, which is technically true, but wouldn't those $$ just be available to counter the next charge instead of showing that we overspent?
Thoughts as to why it wouldn't just apply the overpayment to the next charge?
It seems to have something to do with the return date. If I change the return date to the day after the credit card payment date, everything works. If I change the return date to the same day or before the credit card payment date, it says I overspent on the credit card, which again is technically true, but again, why wouldn't the $ accumulate there ready for the next charge.
This has to do with how YNAB handles positive credit card balances. You can change the date to avoid the entire positive credit card balance, or you can move the extra money you'd see in To be Budgeted to your Credit Card Payment category if you leave the dates the same. 😊Either way, your budget is accurate!