What to do with Credit Card Payment Transactions when I have no debt

I don't have credit card debt 馃 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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    • WordTenor
    • I have the honor to be your obedient servant
    • WordTenor
    • 12 days ago
    • 3
    • Reported - view

    Your credit card payment is a transfer between the accounts, which takes care of both sides. 
    If you are importing transactions, you鈥檒l 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. 

    Like 3
  • Oh thank you.  The bank one hasn't showed up yet but so I should wait for Bank one to show too. Then perform two steps:  

    1. Mark one of them as a Transfer category.
    2. Delete the other one. 
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  • One more thing: I tried typing "Transfer" in the Category dropdown , but auto-complete didn't find a "Transfer" category.  So it is not built-in?  Should I make it manually? 

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      • Tobias
      • Toviathan
      • 12 days ago
      • 2
      • Reported - view

      Gold Crab the payee marks it as a transfer. So for the payee, start typing in the name of the account and it should give you the transfer choice for it. No categories for account transfers.

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      • WordTenor
      • I have the honor to be your obedient servant
      • WordTenor
      • 12 days ago
      • 2
      • Reported - view

      Gold Crab you choose 鈥渢ransfer鈥 in the payee drop down, not the category. 
       

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    • WordTenor
    • I have the honor to be your obedient servant
    • WordTenor
    • 12 days ago
    • 3
    • Reported - view
    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. 

    Like 3
  • As a technicality, you do have CC debt. You apparently also have cash reserved to pay it off whenever you like. 馃槈 (paid-in-full status)

    Just to be sure, though, your CC payment category Available should cover the entire account balance (which may be more than the statement balance or your payment). 

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  • Thank you so much every body. 鉂わ笍

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  • 12 days agoLast active
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