Credit Card working balance in budget
After paying off my Discover card several months ago (yay me!) the balance in the left hand side under "Budget" has remained at zero.
I recently made a small purchase with the card and when I went to import the transaction it showed the purchase under outflow, but then it also showed the "working balance" as the available credit I have on that card, no longer just showing zero or the remining balance I owe on the card. Now the working balance is figuring into my "to be budgeted" category.
That is counter productive to remaining out of credit card debt to show your available credit as money to be budgeted. Considering my Capital One credit card isn't showing my available credit as a working balance, and until today the Discover was showing a zero balance, I'm thinking perhaps this is just a technical issue? Maybe there is a glitch and now ynab is viewing the account as a bank account as opposed to a credit card?
Pics: you can see how the Discover card shows a positive working balance. Yesterday, before I imported the transaction (78.85), it showed a zero working balance.
Hey rlcnorthcoast , that certainly is strange! So if I'm following, you're expecting the Discover balance to be -$78.85 and not the +$13,882.13 it's showing now, correct?
Sounds like there was an erroneous inflow transaction imported. Could you go into your credit card register and see if there's a large inflow transaction that shouldn't be there? If you find it, feel free to delete it to see if your account now reconciles with your actual balance owed.
Let me know how it goes!