
What to do with Credit Card Payment Transactions when I have no debt
I don't have credit card debt 🤗 so I just pay it off every few weeks.
So two transaction I assume will show up, a $760.00 one OUT from my Bank and then a $760.00 IN to my CreditCard.
My question is how do I categorize those two transactions? I have already categorized the things I have actually bought with that money. So I am not sure what should I do with those two line items then?
Thanks.
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Your credit card payment is a transfer between the accounts, which takes care of both sides.
If you are importing transactions, you’ll need to manually change one of them to a transfer (this option is in the payee) and then delete the other one. If you manually input a transfer before you import, YNAB will learn that the respective payees should be matched to the sides of the transfer. -
Gold Crab said:
The bank one hasn't showed up yet but so I should wait for Bank one to show too.When you make the existing transaction a transfer, it will create the bank side of the transfer. You can and should then let the imported transaction from the bank match that transfer transaction.