CC Payment Exceeds Working Balance

I've been using YNAB for a few years now.  I typically have no issues with my CC balances/accounts.  Something has come up and I cant seem to figure it out.  I'm on the verge of wipe/restart.  

My credit card required payment ($ -67.57) exceeds my working balance on the card ($-58.34).  I'm totally confused.  Firstly, my payment is typically a positive number not negative, if memory serves.  Additionally, I don't use a "credit card" budget line.  I have all of my budgeting categories, I use my CC for all expenditures and match the payment to whatever budget line is appropriate. 

 

I pay my CC from my checking account, which is totally balanced and reconciled.  My savings accounts are balanced and reconciled.  From what I can tell all of the charges on the CC are current and appropriately sorted.  The Working Balance matches exactly to whats on my card.

Can someone please help my understand why there is a discrepancy?

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  • I too have had some issues, but I think it may be me.  My payment amount is $1.67  less than my working balance.  I may be off in my 3 uncleared transaction, but this isn't the first time I've had this happen.  I am going to follow your post to see if it will help me as well.  

    I do believe that once I had categorized a payment as an "outflow."  This may not be your problem, but at least review your last payments since your reconciled to see if all payments to the card are categorized correctly.

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  • You have overpaid your credit card. You sent $67 to the card that is in reality reserved for other things in your budget. This might be due to overspending categories, failing to budget for the opening balance on your card, or using the card to make cash transactions (on-budget  gift cards, for instance). You need to budget $67.57 plus your working balance to bring the card payment available back to being equal to your card working balance. 

    Note that the card payment category is not how much you’re supposed to pay. It’s how much of your budget is reserved for making the payment. You are responsible for knowing how much you want/need to pay and budgeting the payment appropriately. 

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      • Ryan I.
      • Stress Engineer
      • Ivory_Koala.2
      • 2 yrs ago
      • Reported - view

      WordTenor Thank you for your response.  However how is that possible when I don't send a payment to that category?  Naturally I import all transactions on that CC which includes payments, however the CC will not allow me to pay more than my balance.   All other transactions on the CC are sorted to the appropriate budget folder.  I never actually allocate funds for the CC, just the budget items and allow YNAB to match the CC payment to the budget items.

      I'm sure I'm missing something here, I just cant put my finger on it.  The only thing I can think of is there have been some recent refunds to the card from Christmas purchases.  Refunds on the card always seem to be challenging to sort out.

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      • satcook
      • satcook
      • 2 yrs ago
      • Reported - view

      Ryan I. Where did you send the refund money?  Did you inflow it back to the category it came from?

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      • Ryan I.
      • Stress Engineer
      • Ivory_Koala.2
      • 2 yrs ago
      • Reported - view

      satcook I sent it back to the same category it came from.  However that account was balanced over a month ago, so it currently shows a positive balance.

      The credit card balance on the budgeting pages shows the -67.57. 

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    • Hi Ryan I. !

      When you make a payment to your credit card (a transfer from your Checking account to the Credit Card account), YNAB updates the Payment column. That negative $67.57 means you paid more than you had available. Check your previous months for any yellow available amounts - that indicates credit card overspending.

      If you aren't able to find the culprit, I'd be more than happy to take a look for you! If you’re up for it, go ahead and enable Support Access for your account. Once you’ve done that, let me know—and mention whether you’d like to continue the discussion here or via email instead. :)

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      • satcook
      • satcook
      • 2 yrs ago
      • 1
      • Reported - view

      Ryan I. if you’re saying the refund caused your credit card to go positive, then that positive amount was also added to TBB. You’ll want to budget that TBB number to the credit card. You don’t need to pay the credit card now so your available needs to be $0

      Like 1
      • Ryan I.
      • Stress Engineer
      • Ivory_Koala.2
      • 2 yrs ago
      • Reported - view

      Faness Thank you.  I looked back at the previous months and they are all green.  I have enabled the Support. Please communicate via email.

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    • Ryan I. Thank you for enabling access! Email sent! :)

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  • Thank you Faness!  It turned out to be an expenditure that posted on the last day of Nov to another budget item.  Got it cleared up and balanced out.

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