Turn off credit card function

I hate seeing green in my credit cards section. When I put in payment, the supposed money in there only goes higher. It's messing with the rest of my budget and the age of my money (I know it isn't what it says it is.)Please YNAB, allow the option to stop the automatic moving of budgeted money to the credit card it used. 

23replies Oldest first
  • Oldest first
  • Newest first
  • Active threads
  • Popular
    • WordTenor
    • I have the honor to be your obedient servant
    • WordTenor
    • 1 mth ago
    • 2
    • Reported - view

    Have you looked at any of the tutorial information about the credit card functionality, or taken the credit card webinar? That will help with understanding why it behaves the way it does. 

    Like 2
    • WordTenor I understand the functionality behind it. I’ve read the articles and watched the videos. I want to be able to turn it off because it’s a frustrating functionality. I have to use a separate category that all my credit Card transactions go into so I don’t have to see YNAB saying “hey you used your card for something you budgeted for we’ll move it here so it looks like you have more money than you do”. 

      Like
      • satcook
      • satcook
      • 1 mth ago
      • Reported - view

      Slate Blue Falafel have you taken the credit card class??  You’re not doing something right because the green number shouldn’t be growing 

      Like
      • Superbone
      • YNAB convert since 2008
      • Superbone
      • 1 mth ago
      • Reported - view

      satcook Doesn't it? I don't use stock CCs anymore but I thought the payment category grew with every purchase?

      Like
    • Slate Blue Falafel The budgeted spending moves from the category, to sit and wait until you're ready to make a payment. You'd have -$50.00 less in Groceries, and +$50.00 in more in the Credit Card Payment category.

      In general, the Payment amount will grow with budgeted spending (the cash backing your credit purchases) and will decrease when you enter a credit card payment.

      What is the separate category used for? It sounds like the credit card may have a positive balance (money moves up), but your payments (outflows) are categorized to the one you created? If you'd like to enable Support Access, I'd be happy to help sort it out! We can continue here or via email. Let me know what you prefer, and the name of the category/card.

      Like
      • satcook
      • satcook
      • 1 mth ago
      • 5
      • Reported - view

      Superbone but the op says the green amount continues to grow even after payments. That’s the part that doesn’t sound right. 

      Like 5
      • WordTenor
      • I have the honor to be your obedient servant
      • WordTenor
      • 1 mth ago
      • 4
      • Reported - view

      Slate Blue Falafel sounds to me like you don’t understand what’s going on if you think you need a different category for your credit card transactions. 

      What Superbone tells you will work to not have to use the YNAB functionality. But if you don’t understand what’s happening in the first place and why, it’s probably not a good idea to switch your cards to checking accounts because the money being reserved for payment happens behind the scenes. It’s  all well and good if you understand YNAB, but you’ve written things here which make it look like you’re confused. 

      Like 4
  • YNAB is unlikely to give you an option to turn it off but you can simply change your credit cads to checking accounts and you will get what you are looking for.

    Like
  • Slate Blue Falafel Do you keep a balance on your CCs that you pay interest on? If not, like Herman said, converting your credit cards to checking accounts will accomplish what you want.

    Like 2
  • And if your next question is how...

    Convert Account Type

    1. Create a new account to replace the current one by clicking Add Account > Unlinked.  Choose the account type you’d like, give it a nickname (it will need to be slightly different than the original account), and enter 0 for the balance.
    2. Go to the original account, select all of the transactions, and move them to the new account using the Edit menu. The next step will be to delete the original account. If it's a credit card account, first check the Notes area for the credit card payment category in case there’s anything there you want to save.
    3. Okay, it’s time to delete the original account. Click the Edit icon next to the account name in the left sidebar, and you’ll see the Delete Account button. Be sure to save any text in the Account Notes field if needed.
    4. Now, you can edit the name of the new account and/or link the account if you'd like. 
    Like
  • Slate Blue Falafel said:
    “hey you used your card for something you budgeted for we’ll move it here so it looks like you have more money than you do”. 

    I don’t understand this part. YNAB tells you how much money you have and it doesn’t magically create more. The amount available in the Credit Card Payment category tells you how much money you have available in your budget to pay your credit card bill. 

    Like 3
      • Superbone
      • YNAB convert since 2008
      • Superbone
      • 1 mth ago
      • Reported - view

      jenmas I think they want it to be gone like previous YNABs.

      Like
  • Slate Blue Falafel said:
    When I put in payment, the supposed money in there only goes higher.

     This is the part that confuses me. When you make a payment to your CC, the available balance of the CC payment category should go down. 

    Like 2
    • Move Light Sound Life to me it sounds like the OP might be putting the payment amount in the budgeted column which would effectively double the payment available. That would make it very confusing.

      Like 6
      • WordTenor
      • I have the honor to be your obedient servant
      • WordTenor
      • 1 mth ago
      • 2
      • Reported - view

      Navy Blue Pegasus Ohhhh that would make a lot of sense and would explain this confusion.

      OP, you don't budget extra for the payment (unless you're paying down old debt). YNAB budgets for the payment for you as you spend budgeted money. 

      Like 2
  • I have something weird going on with my credit cards too. Under Credit Card it lists my Mastercard with a positive available balance--and I have no idea how they came to that number. Then, under Debt Payments it lists a generic credit card but has the accurate information about my payments. What's going on?

    Like
      • Lexi I
      • Purple_Filly.14
      • 4 wk ago
      • Reported - view

      Lexi I I think this is why I can't reconcile my accounts. The number is always way off from what's actually in my account, and I constantly need to adjust without knowing what happened.

      Like
    • Lexi I you probably want to open a help support ticket so that they can look at your budget and see what you are seeing. They'll be able to get you straightened out really quickly.

      Just click the ? button in the bottom right corner of your screen, and follow the steps.

      Like 1
    • Lexi I It sounds like you're recording your payments as transfers to an incorrect account. (Or perhaps you never corrected the Import or made a mistake when doing that.) This leaves the correct payment category continuously growing from budgeted purchases but never reduced by the payment.

      Additionally, what's going on in the budget has nothing to do with why you cannot reconcile accounts. The information flow is actually the other direction -- accounts/transactions impact the budget categories.

      Lexi I said:
      I constantly need to adjust without knowing what happened.

      You might try manually entering transactions and reconciling accounts daily for a while. It will be crystal clear what's happening as you're the one making it happen.

      Like 3
      • WordTenor
      • I have the honor to be your obedient servant
      • WordTenor
      • 4 wk ago
      • Reported - view

      Lexi I you got some good advice above, so I deleted my previous comment. But it’s important to note that you should have a positive balance where it says credit card in the budget, that’s the money that is set aside to make the card payment, not the money owed on the card. 
       

      A credit card will only be in “debt payment” in the budget if you put it there. It shouldn’t be there. That master category is for things like student loans or auto loans. 

      Like
      • Lexi I
      • Purple_Filly.14
      • 4 wk ago
      • Reported - view

      WordTenor I think I've figured it out, but it still asks what category the payment should go under? What do I do with that?

      Like
    • Lexi I payments to a credit card don't require a category - they should be transfers between a checking account and the credit card itself. The category actually gets grayed out so that it can't be applied. Sounds like something else is still not quite right.

      Like
    • Lexi I The Payee of your payment transaction should be Transfer: <your account> (if you're looking in your checking account). Start typing and then pick from the list. The category is not used.

      If you've imported the transaction rather than entering it yourself, you'll need to Edit the Payee field to be a transfer. If you've also imported into the other account, make sure you delete the non-transfer imported transaction.

      Also see these links. I think they will clear up much of your confusion.

      https://docs.youneedabudget.com/article/117-credit-card-paymentshttps://docs.youneedabudget.com/article/117-credit-card-payments

      https://docs.youneedabudget.com/article/180-credit-card-basics

      Like
Like Follow
  • 4 wk agoLast active
  • 23Replies
  • 199Views
  • 12 Following