Categorize transactions on a closed account

Hi everyone! I'm brand new to YNAB and I am having an eye-opening experience, to say the least. After getting it wrong and then wronger for about 3 months, I opted for a "Fresh Start" on August 1. 

Here is what has confused me. I had an Amazon Prime credit card for all of my Amazon purchases, but I canceled it and paid it in full on July 31, deleted my Amazon Credit Card from YNAB, and made my Fresh Start on August 1. 

Unfortunately, the charge showed up on my bank account on Monday, August 3rd. All of the transactions were incurred in July, and I made the official act of paying in July (but it shows in August). How should I categorize these transactions? Since the charge actually hit my account in August, does that mean it's an August charge, fair and square, and should be taken out of my Fresh Start August budget? 

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  • I'm guessing I need to split the lump payment into the appropriate categories, no?

  • I'd simply delete the outflow transaction and adjust the starting balance accordingly.

  • That's good advice, thank you!

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