Transfers from Checking to Checking on Budget...
I tried to search and read on this topic - but cant seem to get it.
I have two checking accounts on budget - got a big sale into Checking one and wanted to budget $3000 towards an upcoming bill that is drawn from Checking two.
I went to the budget and budgeted the category for $3000 and then did the real time transfer with the bank between the two accounts.
Is this accurate?
Budget seems off
1. Categorize the sale income as To Be Budgeted
2. Budget that money to whatever category(ies) you like
The movement of money between accounts is completely separate from the budget (move as you see fit).
Hey, Turquoise Hail ! I'd make sure you're entering those transfers correctly. When you enter a transfer in YNAB, you need to specify the destination (or source) of the transfer in the payee field, and you'll know you've done it right when the Category field says Category not needed. Here's more on how to enter a transfer.