"To Be Budgeted" not updating
Total Available number and my checking account balance should match if I budgeted all of my available funds correctly. This number is off for both August and September in my budget. Any ideas?
Do you only have the one account? The Total Available (I'm assuming listed in the right hand panel, not To Be Budgeted) is the sum of all of your cash (checking/savings/actual cash) accounts, including what you manually input but has not cleared. Credit cards and Lines of credit are not counted toward the Total Available. As far as I can tell, how you budget your funds doesn't change anything for this calculation.
Hey Lavender General
Here's a full proof way to make sure that all the cash in your accounts is in your budget - not a dollar more or a dollar less!
1. Advance to next month's budget. (The math is easier there, because all overspending is covered.)
2. In the right sidebar, when no categories are selected, you’ll see your Total Available amount, which is the sum of the Available column.
3. Add that to the amount you have left To be Budgeted and any amount Budgeted in Future, if applicable.
Let’s stop here for a minute, just in case your To be Budgeted was negative. If it is, you would need to subtract it from Total Available, because that means you’ve given jobs to dollars you don’t yet have. Preferably though, you would go back to this month’s budget and budget less in a few categories until To be Budgeted is back in the green at $0.
4. Now, add up the cash in your accounts. That includes checking, savings, and cash accounts, plus any positive balances on credit cards if applicable.
5. Your totals in step 3 and 4 should match, to the penny.
Hope that helps restore your confidence, if something's off, let us know!!
jenmas Yes - I'm wondering if I'm just not reading it correctly. I assumed that if you went over-budget in certain categories, the "To Be Budgeted" would reflect that over-budget amount. Maybe since I have funds available; however, allocated to other jobs, the "To Be Budgeted" remains at $0?.... The $1,000 is buffer - allocated to "Emergency" last month.
I'm having a similar issue. When December ended, YNAB said I had overspent by $365, but everything looked fine up until then. I even had money budgeted to some categories that hadn't actually been spent. However, when January began, I was seeing that I'd overspent by $365. In trying to fix the issue and sort everything out, I got the "To be budgeted" amount to even out, but when new income arrived in my account, the transactions updated, but the "To be budgeted" has not. It doesn't reflect being positive or negative despite money coming in or being allocated to different categories. In fact, when I budget money to a category and it goes red, I try to cover with "To be budgeted" and it *still* remains at $0, despite my covering a different category.
Something is definitely not right.
It looks like if you go over budget in any month, the actual subtraction gets automatically applied to the LAST MONTH you have scheduled funding in, so if:
Your To be budgeted is 0.00
Your budget is at 10.00 for gas in May
Your budget is at 10.00 for gas in July
You change the May budget to 20.00 for gas
If you scroll back to July you will see -10 in to be budgeted
I love this software, but in my opinion this should change so we see the -10 on every month because the user assumes this applies to the TOTAL BUDGET and not MONTHLY BUDGET