Exclude Categories from Budget/Activity

Dear all,

I have a problem which probably is not the first time was raised here in the forum.

I'll try to describe it in the best way possible, presenting as 2 situations.

1st situation - I have some medium/long term investments which I follow using "tracking accounts". Sometimes I opt for move (selling) some of the amount to a checking account, and later to use it in another investment (another tracking account). In my reality doesn't make sense to assume it as an income and consider that amount in the budget. Is there any way to discard that amount from budgeting (and also from "total activity" figure)

2nd situation - Sometimes I need to pay working expenses which I will receive from my company in the following month (works like an advance which I'm sure to receive in following month). As in the first situation, doesn't make sense for me to assume it as an expense and in the following month as an income.

Due those situations, at this moment I don't have a way to know how much I earn and spend in each month. (the only way is through reporting excluding categories - I created a category called "do not count")

Is there any way to solve these two problems?

Regarding the 1st situation, should I alternatively use budget accounts instead of tracking accounts for handling my investments (like stocks, gold, etfs) ?

Thank you!

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  • Both of these situations are reimbursement scenarios. Categorize the inflow to the SAME category as the outflow rather than Inflow: To Be Budgeted.

    https://docs.youneedabudget.com/article/183-reimbursements

    In the first case you describe, you wouldn't have to do anything in the budget. Just enter the transactions/transfers.

    In the second case, the inflow happens afterward, so if using the Temporary Debt approach, just shift funds in the budget if the category turns green. (That is the easy way to sort out the whole "this month vs. next month" described in the docs.)

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      • SgtBatten
      • SgtBatten
      • 3 wk ago
      • Reported - view

      dakinemaui I do this also for both the OPs scenarios. 

      Occasionally I go back and add the reimbursement in the previous month though, especially if it is big because I dislike the way it gets represented in the trend graphs as a huge expense one month. I only do this once the refund is received, before that I roll with the punches

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    • SgtBatten I would just filter out the Reimbursement category from reports, reflecting my preference to view "my" spending. Either works, of course.

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      • SgtBatten
      • SgtBatten
      • 3 wk ago
      • Reported - view

      dakinemaui I don't use a reimbursement category so can't do that. I can see the appeal though

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