Funds for the month are too high

I've been  using YNAB for several years now.  In February of 2017, I changed to the new YNAB and started a new budget and new accounts.  Looking over why my "To Be Budgeted" is not correct for this month (December), I'm noticing that my funds for the month are much higher than what it should be.  I have nothing overspent from each month since February.  To get my funds for the current month, I'm adding my inflows plus my "future budgeting."  However, starting in March, my "Funds for March" category is $1000 too high.  This was only the 2nd month of my newly started budget.  Now in December of 2017, my funds are too high making my TBB $1200 too high.   What am I doing wrong?  Thanks in advance for anything you can offer.

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  • Hi Turquoise Koala !

    If your current account balances are correct in this month's budget, it could mean that discrepancy was worked out in a previous month (perhaps by reconciling?) even if the To Be Budgeted seems high.

    Of course it’s vital to be able to trust your budget, so here’s a way you can verify every dollar in your bank account(s) is reflected in your budget – and not a dollar more.

    1. Advance to next month's budget. (The math is easier there, because all overspending is covered.)
    2. In the right sidebar, when no categories are selected, you’ll see your Total Available amount, which is the sum of the Available column.
    3. Add that to the amount you have left To be Budgeted and any amount Budgeted in Future, if applicable.

    Let’s stop here for a minute, just in case your To be Budgeted was negative. If it is, you would need to subtract it from Total Available, because that means you’ve given jobs to dollars you don’t yet have. Preferably though, you would go back to this month’s budget and budget less in a few categories until To be Budgeted is back in the green at $0.

    4. Now, add up the cash in your budget. That includes checking, savings, and cash accounts, plus any positive balances on credit cards if applicable.
    5. Your totals in step 3 and 4 should match, to the penny.

    Give that a try and let us know if things still seem off!

    Reply Like 1
  • There is one more question: do you have a credit card on budget? Have you budgeted for the initial balance if it's a paid in full card? Or have you budgeted for the debt repayment if not a PIF card?

    Reply Like 1
      • Blue Pony
      • Blue_Pony.2
      • 5 mths ago
      • Reported - view

      Ceeses  This was my problem. Thanks so much

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