Paypal Positive Balance Transfer Issues
Hi! New to YNAB and getting used to it.
Transferred $100 from my Paypal balance into my checking account. I use this account with friends for miscellaneous expenses. I have 2 transactions: a positive one of $100 in my bank which I tagged as inflow; and a negative one of $100 in my Paypal account. This is a duplicate and cancels itself out but no way to mark or denote duplicate (like I'm used to in Mint). I want to keep my Paypal linked as I do make payments FROM there too but maybe best to delete all together?
Hi Irene O ! No matter what, it's important to make sure that your transactions in YNAB show exactly how that money is moving in real life. And for good measure, reconcile regularly too. 😉
Here are the steps to make your transaction a transfer. You'll see two sides to show the outflow in PayPal (money going out) and the inflow (money coming in) to Checking.
PayPal transactions can get a bit tricky depending on if you carry a balance, or if funds are getting pulled from another account—so definitely let us know if things are still looking strange!