Credit card payment gives balance to budget.

I did my budget, gave every dollar a job, so budget balance was 0.  I then transferred 1000.00 from checking to a credit card. (YNAB said I could have transferred 3,000 based on what I had budgeted/spent but I only transferred 1,000) After this my To Be Budgeted shows at $1,000.  I know this isn't correct, as I am simply moving money I have already spent/budgeted for, but undoing the transaction brought my budget back to 0, and re-entering it gave me a 1,000 positive balance again.  I know this isn't right, and don't recall it being an issue in the past.  Whats gone wrong?  Is it me, or something else?

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  • Hi Anthea !

    Hmm, that sounds strange indeed! Did you make that CC Payment like this?:

    • Click on the credit card account in the account list to view your Register.
    • Click Record Payment.
    • Select the date, the account the payment is coming from, enter a memo if you’d like, and (if needed) change the amount. By default, the inflow field is populated with the amount you have set aside for the Payment (I'm assuming you changed this $3000 to $1000?).
    • Click Save

    If so, do you mind sending in some screenshots of what you're seeing after you enter in that CC Payment? Since it might be info that you don't want posted publicly, write in to [email protected] and we can help you out there!

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  • I have the exact same problem right now.  My payment was 541.00 and when I record the payment it put the money in the TBB.  HELP how can I fix this. 

    When I record my transactions it's a Transfer/Payement: to Visa  - Willing to send Screen Shots. 

    Like mentioned above this has never happened before.

    Like
      • satcook
      • satcook
      • 2 yrs ago
      • 1
      • Reported - view

      Stacey Wilkins is your credit card showing a positive balance in the accounts list??

      Like 1
    • satcook - No, it was not.  I did get it figured out with the help of the YNAB support. 

      Like 1
  • oops.  Trouble here with my Checking and Credit card accounts.  In review of the comment made by  Anthea (7 mo ago) I feel like my issues are similar.  I budget all my income to 0.  All my transactions on my Visa are accounted for on my budget.  However when I make a payment  (always as a transfer and never knew about the "record payment button" my budget account is thrown into a negative red.   I am not able to get my Visa account reconciled.  Visa transactions are direct import. I started a new budget in January 2019 because I thought this would fix my problem.  Unfortunately I never figured out what my initial problem was.  So on and on I go.    Apparently I have not changed to the correct method so problem continues.   

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      • nolesrule
      • Been waiting 5 years for the Stealing From the Future fix...
      • nolesrule
      • 2 yrs ago
      • Reported - view

      Ivory Stallion Did you budget for your starting balance on the card? That balance is considered unbudgeted spending unless you choose to cover it.

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      • WordTenor
      • Can we agree that goals are dumb and immature? Sure.
      • WordTenor
      • 2 yrs ago
      • Reported - view

      Ivory Stallion Your Visa account should reconcile no matter what is going on with the budget. Start there, digging through your transactions to be sure everything is accurately recorded from January 1 on. 

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    • nolesrule I think that was my mistake.  I did not have an amount in the budget for my balance on the Visa.  I have participated in two of the on line classes.  I knew something was way wrong but couldn't put my finger on it.  So I think that is the problem but not sure how to rectify.  I was wondering if I should start over with a brand new budget but this time with a more clear understanding of the credit card.  

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      • nolesrule
      • Been waiting 5 years for the Stealing From the Future fix...
      • nolesrule
      • 2 yrs ago
      • Reported - view

      Ivory Stallion no need to start over. Just adjust the budget. 

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  • I believe all the transactions have been imported correctly.

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  • I did not set a budget amount on my visa.  i made sure all the transactions were imported and then recorded the payment as a transfer.   apparently did not follow the rules :(.  how do i fix this?

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    • Hi Ivory Stallion !

      Here’s a video explaining how budgeting for that balance works. Since you had a balance on the card when you started your budget, you need to budget to pay off that amount in the credit card category. Once you budget the amount to your credit card category, things should fall back in line. :)

      If you aren’t able to budget for the full starting balance of your credit card and all of your current month's expenses, you might be riding the credit card float.

      Like
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