Credit card budget doesn't match credit card account

My line-item budget for my credit card doesn't match the current balance of my credit card. Under the "accounts" section, that credit card's working balance IS accurately reflected. The difference between the line-item budget and actual account is $30.17, and I went through my transactions on my credit card app and compared them with YNAB and didn't see any misplaced transactions.

 

Any idea on what caused this and how to reconcile?

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  • Did you look back to August and September to see if any overspending snuck through??

     

    do you have any other credit cards??  Do they have too much in the payment category?

    Like 3
      • Arndok
      • Arndok
      • 3 wk ago
      • Reported - view

      satcook Thanks for replying! I looked through September and didn't see anything. I wasn't alerted to any overspending by YNAB and I've been pretty tight with logging and double checking everything. I wonder if it is money I spent while my September payment was in the process of clearing.

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  • The account balance in YNAB agrees with the bank, so it's not a transaction issue. It's a budget issue. Has the category ever matched the account balance? (YNAB doesn't assume you will pay off any starting balance).

    You will have to reallocate to correct the shortage, even if you identify the cause. I'd say give it a cursory glance, but otherwise reallocate in the current month and move on.

    Like 2
      • Arndok
      • Arndok
      • 3 wk ago
      • 1
      • Reported - view

      dakinemaui Thanks for the reply! The reminder about it being a budget issue not a transaction issue was very helpful. I don't know if I ever noticed it before, maybe its not always gonna match precisely- it  isn't super important as I pay my cc bill by looking at my balance through the cc app not YNAB. I do like every to be as tidy as possible. But I'm also thinking leaving it alone won't do any harm.

      Like 1
    • Arndok If it doesn't match, then your plan (a.k.a., budget) has you riding the CC float rather than paid-in-full status. A number of things will throw off the agreement, so keep an eye on it and adjust whenever it differs.

      Like 3
  • Do you have any credits marked as inflow?  Those can cause a discrepancy where the Budgeted amount can be higher than the actual CC balance. Either change them from inflow to an appropriate category, or manually adjust the budget category for the CC.

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      • Arndok
      • Arndok
      • 3 wk ago
      • Reported - view

      emiller42 My Actual cc balance is $30.17 higher than what the line-item budget is saying it is, so the other way around from what youre saying- If i read you right.

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  • Arndok said:
    maybe its not always gonna match precisely

    If you are a paid in full credit card user, it should always match precisely. If you have $950 available in your credit card payment category and you send $1000 to your credit card company, then your whole budget is now off by $50 and you have to reallocate from some other category to the credit card payment category.

    Like 1
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