Refund on Credit card from a transaction before I started YNAB

I saw another similar post to this but I'm still confused :(

So, I was refunded $1300 from a deposit that I had paid well before I started YNAB and I had already paid it off so it's like "found money".  The transaction was downloaded into YNAB and it didn't change the payment I owe - I assumed that it would be similar to a payment in that it would lower the balance and the payment owed.  Can someone explain this to me like I'm a 5 year old?  haha!

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  • Hi Brucebabe !

    You'll need to categorize that "found money" as Inflow: To Be Budgeted. That will adjust the balance on the credit card. Once the account balance is correct, you can move money to adjust the credit card category Available amount.

    If it's currently showing $1300+ Available to pay the card, you no longer need that lump sum, so you can move those funds to your other categories! :)

      • Brucebabe
      • Hot_Pink_Case_8e2146321
      • 2 yrs ago
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      • Reported - view

      Faness Thank you!  I think I get it..... 🙂

      Like 1
    • Brucebabe Perfect! :)

      If not and you think of another question, just mention me in a comment and I'll get back to you!

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