Credit Card workings in YNAB continue to elude me
I have just reconciled both my bank and cc account. In my budget account I have a SIZABLE positive available balance.
How is that possible?
Do you mean your Credit Card Payment category has a sizeable Available amount? (That category tells you how much is reserved to send them.) That's usually the case before you pay your credit card. (Mine, for instance, has about 2 months of CC charges in it just before I send in a payment for the statement balance.)
A card with paid-in-full status should have its Payment category cover the entire debt / account balance. If more is Available in the category than that, feel free to move the excess to elsewhere in the budget.
Hey TMACMI ! Is it the account balance (left side) or the Payment column with the positive amount? This HelpDoc has an example of what a paid in full credit card may look like in your budget, and how to compare the two. Let us know how it goes!
I apologize for the delay in responding. Notifications from this go to my wife's email since she is the account holder. I was also trying to get my credit card balance down to a perfect $0 for a good reconciliation. That couldn't happen because of various auto payments. I pay the balance off at least 2x a month.
In any event, my Amex balance is $18.94. This is what YNAB is saying. It doesn't make sense to me