Switching to YNAB Online - To Be Budgeted question
I have just migrated to online version of YNAB. My budget for prior months show large To Be Budget negative amounts whereas the desktop version all show $0. Why is To Be Budgeted showing negative balance and how do I balance to $0?
1) Credit card management is different
2) Use of the Red Arrow in budget categories
The easiest way to fix this is just to change your categories in the current month to match the balance shown in YNAB4. This may also require unhiding categories you may have used in the past.
Why... Online YNAB doesn't recognize the Red Arrow, so all those months where you used it in the past to keep overspending in the category, upon migration that overspending is moved to TBB instead. This results in more money in those categories and less money in TBB.Reply
Hi Chetan Sondagar !
It sounds like nolesrule is right, I think that use of the "red arrow" may be the culprit here? Your To be Budgeted amount can be impacted by a couple other things too, here are a few scenarios that are common in many YNAB 4 budgets:
1. In YNAB 4, if you overrode the recommended setting and kept overspending in the category (“turned the arrow to the right”), overspending would not be deducted from To be Budgeted in the following month. This meant your categories weren’t accurate. In the new YNAB, uncovered cash overspending is always deducted from To be Budgeted in the next month.
2. Credit overspending in the new YNAB is simply absorbed as a part of your credit card account balance, and is not deducted from To be Budgeted.
3. Any future-dated transactions you may have entered into your account registers in YNAB 4 have been converted into one-time scheduled transactions. This can also affect your account balances.
I hope that helps narrow it down!Reply