Account Transfers have me LOST - anybody get this?

Hello and HELP!

I like to reconcile my account on my phone, but I always mess up transferring across accounts and I don't know why.   I also only do it occasionally (although the above picture would say differently, it's an exception!), so that I never learn why I do it wrong.  My default at this point is to literally just start a new budget.  I. am. LOST.  Perhaps it's because each transfer needs a category, and those categories need to be the same?  I have no idea and I'm super discouraged.  Please grant me your wisdom.

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  • For further clarification, the way it 'messes up' (I know it's not really messing up, I just don't understand) is that 'To be budgeted' number changes when I try to assign categories, and then it no longer matches my actual account numbers.  I realize that even as I explain this I might make no sense.  

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  • Are these auto-imported from your bank? I only do manual entry, personally, but when I do transfers, I see a to/from whatever account when I make the transfer. Because it's between accounts, YNAB doesn't require a category at all. It looks instead at the budget balance and just carries on from there. You might just delete those, add a manual transaction, and reconcile from there, but I'll leave that to other folks who have bank import who might have a better sense of how to navigate that.

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      • Gold Cleric
      • Gold_Cleric.3
      • 7 mths ago
      • 1
      • Reported - view

      Spider Plant thanks, yes it does this automatically and then asks for categories.  Thank you!

      Like 1
  • Transfers between on budget accounts do not need categories. Change the Payees to "Transfer : Checking", etc. (If you start typing the word "transfer" in the Payee field a list of options will come up.) In the future if you enter those transactions manually and then match them to imported transactions, direct import will remember that for the next time.

    Like 4
    • Gold Cleric The payees are not correct. YNAB auto imported them and tried to match the names to something, not the Transfer to: payee that YNAB creates when you add accounts in it. 

      Just change the payee on those transactions and delete the duplicates. When you create the transfer it automatically will create the other transaction in the other account (there might still be bugs, sometimes I have noticed it dosen't quite work) and it should match up correctly now. 

      Like 2
  • Gold Cleric said:
    I like to reconcile my account on my phone,

    Just as an FYI, you cannot actually reconcile on the mobile app, only on the desktop version (though I believe there are ways to make your phone browser open the desktop version on a mobile device).

    But as others have said, the issue is that the payee needs to be changed.

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    • nolesrule
    • Stealing From the Future fix is an improvement but is incomplete....
    • nolesrule
    • 7 mths ago
    • Reported - view

    In addition to changing the payee to a Transfer, you'll need to remove the duplicate transaction. A transfer transaction effects both accounts in the transfer as a single transaction, so once you update one of them to a transfer, the reciprocal transaction in the other account will be extra and need to be deleted.

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      • nolesrule
      • Stealing From the Future fix is an improvement but is incomplete....
      • nolesrule
      • 7 mths ago
      • 1
      • Reported - view

      One additional point. For transfers it's best to put them in manually before the imports happen because imports have trouble knowing what to do with transfers that do not already exist in the app.

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