Assigning Category for CC Payment

I have transferred all my balances to one credit card and I'm paying toward it every month. I want to be able to categorize this in my budget as debt repayment so it shows up on the fancy reports.  Is there any way to do this other than moving the other account from budget to tracking? I had to do this with my savings account as well.

Yes, I know the program should be used a different way and this is how the YNAB way is ect.........

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      • Sameer Merchant
      • I'm a Biologist.... because I buy everything
      • Tomato_Sun.9
      • 2 mths ago
      • Reported - view

      nolesrule  Yes, but is there any other way to accomplish what I want other than how I described?

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      • Sameer Merchant
      • I'm a Biologist.... because I buy everything
      • Tomato_Sun.9
      • 2 mths ago
      • Reported - view

      nolesrule All I want is my payments to starting balance of my credit card to show up in the reporting. Currently this payment is a significant portion of my income and want that to reflect in the reports

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

      Sameer Merchant Instead of having the credit card as an account, you can treat it as another bill. But this only works if you are not also using the card for new purchases.

      Otherwise, you need to realize that the purchase happened at the time you swiped the card. Paying off credit card debt is just moving the money from an account with a positive balance to an account with a negative balance to make it less negative.

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      • dakinemaui
      • dakinemaui
      • 2 mths ago
      • Reported - view

      Sameer Merchant Paying back an on-budget CC is NOT spending, by definition (money leaving the budget).

      No, there is no other way around it. Money has to leave the budget to show up on a report.

      I'm also not sure what benefit a report on CC repayment will provide other than to satisfy curiosity. (A search will provide the same information.) It's not like that information will shape your budget or future spending. That is down to priorities and demands of other categories constrained by income.

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      • Sameer Merchant
      • I'm a Biologist.... because I buy everything
      • Tomato_Sun.9
      • 2 mths ago
      • Reported - view

      nolesrule Thanks for the advice! Got is set up now as a tracking account and work working as expected.

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      • Sameer Merchant
      • I'm a Biologist.... because I buy everything
      • Tomato_Sun.9
      • 2 mths ago
      • Reported - view

      dakinemaui Thanks for the advice! Got is set up now as a tracking account and work working as expected. Yes, the only reason for me doing it this way is for the graphs.

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  • Hi Sameer Merchant !

    Since it sounds like you're paying down pre-existing debt, you won't see it reflected in the Income v Expense report, but you'll see the difference in your Net Worth report as the balance decreases. I'd recommend checking that out!

    Payments to your credit card don't show in the Income v Expense or Spending reports because YNAB tracks your credit spending as it happens.

    When you use your credit card to buy groceries, that purchase shows as an expense in the groceries category. If YNAB tracked your payment as an expense, you'd see double the expenses for credit card purchases.

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      • Sameer Merchant
      • I'm a Biologist.... because I buy everything
      • Tomato_Sun.9
      • 2 mths ago
      • Reported - view

      Nicole Thanks for the advice! All my other Credit Cards are set up normally and working great for payments. This particular card is only for debt repayment. Everything is working as expected now. 

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