Tracking Accounts and updated values

Hi,

My tracking accounts are connected to their financial institutions, but no transactions flow in, which is really okay.  What I would like is for the value to stay updated.  Is this possible?

i would even like to update the value manually but on the iPad I don’t see a way to do that.

Thanks,

Landon

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  • Unfortunately, YNAB is rarely able to update investment accounts beyond an initial balance (and sometimes explicit buys/sells). The easiest way to keep these up to date is to reconcile monthly, enter the correct balance, and let YNAB add an adjustment transaction. Or track your investments with Mint or Personal Capital instead.

    Reply Like 1
  • Hi Green Door !

    We're hoping to someday see improvements with Tracking accounts, but for now, Mamster is right. You can reconcile that account in the web app, or do a quick account adjustment (in the web app, hover over the name of the account, click on the Edit symbol and update the amount listed there).

    In the iPad app, you'd need to manually enter a transaction to indicate the change in the account balance.

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  • If the balance is changing due to money moving out of your budget and into the account, such as a car loan, you can change the payee of the payment transaction to Transfer: <Tracking Account Name> and it will automatically create an inflow transaction in the tracking account for you to approve. 

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  • All we need is an auto-reconcile option where on a period (monthly!) YNAB just reconciles to the current balance.

    Pain I have to go to a desktop computer and click reconcile each month :(

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      • nolesrule
      • YNAB4 Evangelist
      • nolesrule
      • 1 mth ago
      • 2
      • Reported - view

      @Rutgers One should never auto reconcile. That completely defeats the purpose of reconciliation.

      Not to mention, there's no practical difference between "auto-reconcilliation" and not reconciling.

      Reply Like 2
      • Rutgers
      • rutgers
      • 1 mth ago
      • Reported - view

      nolesrule this is absolutely true for a budget account. 

       

      If you want the networth graph to be right you want tracking accounts to be accurate. For stock accounts (401k, personal, etc.) the value varies with the market and ynab is useless. If you read forums suggesions are just to manually reconcile to current balance at zone frequency. This is just an un-needed manual step due to deficiency in YNAB tracking abilities. 

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      • nolesrule
      • YNAB4 Evangelist
      • nolesrule
      • 1 mth ago
      • 2
      • Reported - view

      Rutgers Accuracy depends on reconciling against the actual account. Even with auto-import of transactions, there is always the possibility that transactions may get missed or even double-imported.

      For my investment accounts I do a manual reconciliation using the account balance on the last day of the month and let the system do an adjustment to the balance, because the net worth resolution in YNAB is monthly. I do not need to track day-to-day market fluctuations.

      Reply Like 2
      • Rutgers
      • rutgers
      • 1 mth ago
      • Reported - view

      nolesrule I do the same, and I add no value over ynab pulling in the current balance andaking an adjustment. 

       

      An auto reconcile (again on tracking accounts as an option)  could always be approved by you just like other imported transactions. 

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      • mamster
      • mamster
      • 1 mth ago
      • 2
      • Reported - view

      Rutgers The thing that's bugging you here (and I agree!) doesn't have anything to do with reconciliation; it has to do with downloading transactions and/or account values. It's not that YNAB doesn't know how to reconcile my investment accounts, it's that it doesn't know how to keep the balance up to date so that I can reconcile them without making an adjustment every time. Even so, it's just not a big deal; I update them every other month or so.

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