Credit Card Balance and Payment Amounts Don't Match but all categories are green or gray!
Hi - so I'm having an issue finding my problem. I used the 'reconcile' button for the first time the last time I updated YNAB and I'm wondering if that's it, although I'm only having the issue with one CC.
The balance on one of my CC is $549.07 however the amount allotted for that payment is 257.34. I have $0.00 in my 'To Be Budgeted' and every category is either green or gray - meaning I'm not in the read anywhere. I'm very confused.
I've checked my YNAB with my CC transactions line by line since I last reconciled and it all matches.
It's possible there was credit card overspending in a previous month or the starting balance on that credit card wasn't budgeted for. This means that, at some point, enough money wasn't put aside to cover your credit card balance in full. You can move money from your other categories to bring the Available balance to the $549.07 needed to cover the entire balance.
No overspending in previous months or 'orange category'. I paid my card in full last time and clicked the reconcile button. When I paid my card in full last time (like 2 weeks ago...I usually pay off in full every 1-3 weeks), the balanced matched. So i'm super confused.
I do understand I can move the money to 'budgeted' but I shouldn't have to manually put money into the budgeted. Making sure each category for the transactions that equal the full balance are fully funded should take care of the money - not leaving a 'budgeted' amount. I don't have to move money to budgeted ever, as long as all other categories are fully funded. Am I missing something?
Also, the top bar of my CC page says $547 cleared balance plus $0.00 uncleared balance and then $257.34 payment. But all of those transactions, equallying $547. are in categories that have been funded by moving money to budgeted. What am I missing here?
Irene O said:
I have orange in categories for the amount I'm missing.
Click on the orange category's Activity value to bring up the Cover Overspending tool. Pick some other category that's less important from which to reallocate money. If you can't identify a lower priority category, then your CC Payment will have to remain short that amount. You can add to the Payment category directly in a later month to reduce the amount being floated.
Float is the difference between the CC account and CC Payment category balances. Paid-in-full status would have a float of $0 (available payment covering the entire debt).