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?

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  • Two reasons:
    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 Like 3
  • 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 Like
      • Revelate
      • revelate
      • 5 mths ago
      • Reported - view

      Jannelle 

      I have a similar issue but it looks to be that the default credit card setting is as a budget account, and under the old version transactions under a credit card weren't added to a credit card as a budget item, only to the budget line item that it was assigned to.

      I'm a transactor, I pay in full and I don't have anything in terms of credit card debt: the problem is under the current setup I'm now basically doubling my budget expenses:

      1) The actual budget category

      2) The credit card that transaction fell under

      It's basically doubling my expenses from a budgetary perspective.

      That, just isn't right for my situation.  I know the tool can't be all things to all people, and it's probably still best in class for someone who's a zealous follower of Dave Ramsey for example (don't use CC's for anything and pay them off and close them) but that's not me.

      Is the right solution here to simply just move the credit cards that aren't debt per se (1 month float explicitly) to a tracking account?  I still get a transaction import on some of my tracking account and as a result I think I can still assign transactions to their correct category, but in this case not double up the budgetary number sending it absurdly into the red?

      Thanks!

      Reply Like
      • Ben
      • Toolkit for YNAB Designer & Developer
      • furiousfalcon
      • 5 mths ago
      • 2
      • Reported - view

      Revelate You are not doubling your expenses when you use YNAB. You budget for the original expense, and YNAB moves that money to the credit card category where it sits until it's ready for payment. In general, assuming you regularly budget for all your purchases, you shouldn't need to budget additional money to the card except to cover the initial un-budgeted card balance.

      Definitely check out the help documentation or YNAB's various articles on credit cards. There's also a class specifically on credit cards that should help explain thing.

      Reply Like 2
      • Revelate
      • revelate
      • 5 mths ago
      • 1
      • Reported - view

      Ben 

      Thanks!

      You may be right, looks like some of my accounts became unlinked and so the payment is showing as a -budget item and the transaction wasn't recorded to the actual budget as one issue causing the doubling in effect, and the the historical budgets adding up without a transaction record probably broke December even worse.

      I'll also take a look at fixing January, and I need to do some more analysis.

      Reply Like 1
    • Revelate Since the web version of YNAB handles credit cards in a completely new way, I wanted to leave a quick link to our Quick Start Guide to Credit Cards and consider taking our Master Credit Cards with your Budget workshop, if you have a moment! :)

      If you still have questions after taking another look at January, ask away!

      Reply Like
      • Revelate
      • revelate
      • 5 mths ago
      • 2
      • Reported - view

      Faness 

      I think I figured it out yesterday; I misinterpreted what I was seeing and it was from data from prior months with some inconsistent account linkages.

      I wiped out the data including transactions prior to January, reconciled a few accounts, and now the budget looks sane and credit cards appear to act how Ben described.

      Appreciate the responses from both of you, thanks again!

      Reply Like 2
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