I thought I had the concept
I loaded an Amex w/a $0 balance (not synced w/ynab); I charged $300 and thought that I accounted for the spending on the card in my budget (using rides and Christmas categories); I made a $300 payment on the card yesterday; ynab auto synced the transaction from my bank picking up a record of Uber (this is confusing since I do not have an uber category, but I had previously loaded an Uber transaction under the rides category); I changed it to Amex, and now my budget indicates $300to be budgeted and a credit on Amex of $300.
I used the app to record the rides and the Christmas spending yesterday--I really don't understand what I sat there and did on the app yesterday since I thought I split the uber spending in the rides category from the Christmas category spending prior to transferring the payment from my bank to Amex. I cannot find a record of those entries, and now I think I only added and subtracted to the balances in my categories versus recording real transactions. At this point, how should I correct it to get the amex back down to $0 and the rides and Christmas categories properly updated w/the spending? My ynab balance accurately matches the bank balance.
Update--Here is what I did so far:
I added the spending transactions within Amex and properly deducted the Christmas and Rides categories to bring the positive amex balance to $0--okay good right?
Problem: I am still left w/$300 to be budgeted; do I just budget the $300 and call it day? If my balances are synced, are there any risks in budgeting the $300? I am looking for the tutorial on reconciling (or marking things as cleared) as I ask this question. Thank you for any input!
Thank you so much!! All clear; I was confident in the bank reconciliation; I just checked that the amex reconciled w/the outflow total matching the inflow total, and that balanced to $0. I am reconciled. I am not sure how I errored to lose 300 that was already budgeted to go back to be budgeted, but I am not yet one month in to app from taking a long hiatus from ynab4. Relearning :-(