Investment Balances and Buy Stock

So I have several Etrade accounts linked for Tracking but the balances dont reflect correctly when stock is purchased within the account and I do an import - for example - deposit monies ($2000) to account as "inflow" from checking account on budget then buy stock as "outflow" - this reduces the account balance though after the import so - do I just need to make a manual adjustment of +$2000 to correct it?

 

Image attached - as you can see the balance should be $7574.15 but its not

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  • In YNAB, Investment tracking accounts work best without direct import or importing of any kind. When I put money into the account, I do a transfer like you did. However, I don't track purchases within the account or value changes. I just adjust the total balance once a month +/- for market changes.

    Investment accounts in YNAB are only good for tracking the balance and moving funds in or out. I just use the investment account website for seeing the details. Or you could use an external program made for handling investment accounts correctly like Quicken.

    Like 3
  • Superbone said:
    I just adjust the total balance once a month +/- for market changes.

     I do that by reconciling. Do you, too? Is there a difference between using reconcile and using an transaction, do you think?

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      • dakinemaui
      • dakinemaui
      • 6 mths ago
      • 1
      • Reported - view

      Powder Blue Pony only difference is YNAB does the math with a reconciliation adjustment. You can edit the category afterward if you don't want to use TBB.

      Like 1
      • Superbone
      • YNAB convert since 2008
      • Superbone
      • 6 mths ago
      • 1
      • Reported - view

      Powder Blue Pony I just right-click on the account on the left hand side and change the balance to the current balance. This creates a transaction for the difference in which I type “Market Changes” in the memo. 

      Like 1
      • Superbone
      • YNAB convert since 2008
      • Superbone
      • 6 mths ago
      • 1
      • Reported - view

      dakinemaui There is no category in a tracking account transaction. 

      Like 1
      • dakinemaui
      • dakinemaui
      • 6 mths ago
      • Reported - view

      Superbone Yes, good catch.

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  • I just noticed a bug in the iOS app for these transactions without a payee. When I select them, it automatically shows my first payee from my managed payees in the payee field. 

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    • Superbone Any chance you've got a screenshot of that handy? I'm trying to reproduce the bug and haven't been able to catch it so far. (I just see "Payee Needed".) Thanks!

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      • Superbone
      • YNAB convert since 2008
      • Superbone
      • 6 mths ago
      • Reported - view

      Matthew I just captured it on my phone. I’ll upload it in a bit. The interesting thing is that today they are acting differently today after being selected and properly showing, “Select payee.”

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      • Superbone
      • YNAB convert since 2008
      • Superbone
      • 6 mths ago
      • Reported - view

      Matthew Here you go:

       

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      • Superbone
      • YNAB convert since 2008
      • Superbone
      • 6 mths ago
      • Reported - view

      Matthew Oh, sorry. You meant the other thing. Yeah, suddenly today it is working correctly but it wasn't yesterday! Weird! We still have the inconsistency of the web app working one way and the mobile apps working another. I beg to differ that Market Changes need a Payee.

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    • Superbone I think "Payee Needed" may be a new thing on the mobile app. Let me look into it!

      Like 1
      • Superbone
      • YNAB convert since 2008
      • Superbone
      • 6 mths ago
      • Reported - view

      Matthew I guess it depends on the day. Now I'm back to seeing Americana Car Wash as the Payee for all these Payee Needed transactions when I select them in the mobile app. I'll post a couple screenshots when I get home tonight.

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    • Superbone Thank you! Since the behavior is changing randomly, I think it would be best to have our bugs team take a closer look. Can you submit a Bug Report so they can dig in?

      In the web app, it is possible to enter a transaction with a blank payee. On mobile, you'd see Payee Needed (iOS) or No payee set (Android).

      Like 1
    • Superbone As Nicole said, a bug report would be great! In addition, I checked with our mobile developers, and apparently transactions without a payee have shown as "Payee Needed" for quite a while!

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      • Superbone
      • YNAB convert since 2008
      • Superbone
      • 6 mths ago
      • Reported - view

      Matthew Yes, but inconsistent with the web app. And, yes. I do understand that consistency is the hobgoblin of little minds. 😜 

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    • Superbone I can't speak to the history here, but I suspect it's related to Geo Payees. In most scenarios, we'd expect someone to enter a payee with their transaction. A case where there is none is rare, but something I've seen pop up before and have been looking into. I did pass feedback to our Design Team for more consistent labeling across platforms when I saw it was different. 😂

      Can you let me know a little more about why you use the memo field here instead of the payee? Those kind of details are helpful!

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      • dakinemaui
      • dakinemaui
      • 6 mths ago
      • Reported - view

      Nicole I occasionally use a Payee of None because it's a one-off that I don't want to show up in a report or clutter the memorized Payee list.

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      • Superbone
      • YNAB convert since 2008
      • Superbone
      • 6 mths ago
      • Reported - view

      Nicole I almost exclusively do this for my end of the month "market changes" transactions in my investment accounts. I consider Payees real persons or places that pay me or I that I pay. Market changes is just a description. I suppose I could just create a payee called that. Hmm. Maybe I'll just do that and not worry about it. At least my YNAB mobile transactions will look better and better yet, stop admonishing me!

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    • dakinemaui Thanks, I'll pass that along! I've used a generic payee for certain situations for similar reasons—just not a completely blank one. In Manage Payees, you can uncheck Include in Payee List and it won't show in Saved Payees.

      Like
    • Superbone Yes! Adding the Market Changes payee will make the process smoother. Thanks for your thoughts on this! In my personal budget, I update tracking account balances like this monthly, and leave the Reconciliation Balance Adjustment payee as-is.

      Like 1
  • Nicole said:
    and leave the Reconciliation Balance Adjustment payee as-is.

    I suppose that would be easiest. Instead of reconciliation, I just modify the account balance which also creates a balance adjustment transaction. I guess that's just potatoes vs potatahs. 🥔

    Like 2
      • WordTenor
      • I have the honor to be your obedient servant
      • WordTenor
      • 6 mths ago
      • 1
      • Reported - view

      Superbone Not pertaters? 

      Like 1
      • Superbone
      • YNAB convert since 2008
      • Superbone
      • 6 mths ago
      • 2
      • Reported - view

      WordTenor I must have had something else on my mind. 😳Let's call the whole thing off!

      Like 2
    • Superbone After mulling your answer (5 days ago) over for a while, I just changed all my market change reconciliations for my investment account. Into transactions to and from Payee "market change". I sort of expected to now be able to pull apart the extra money we put in from market change effects. In income or something. But as the investment account is off budget it didn't have any effect! Haha! Unless I haven't discovered it yet...

      Like 1
      • Superbone
      • YNAB convert since 2008
      • Superbone
      • 6 mths ago
      • Reported - view

      Powder Blue Pony No, there's nothing to discover there. Off-budget accounts have no effect on your YNAB budget. If you wanted to use those positive market change funds in your budget, you'd have to transfer them into a budget account.

      I do something non-standard and keep my taxable investment account in my budget. This is not recommended for everyone but this allows me to budget positive market increases from this account. However, the opposite is true too. When you experience losses, you have to reduce some category funds.  For example, I'm not looking forward to budgeting my market losses when this month rolls over. I have a Freedom Fund category which can absorb losses like this.

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    •   Superbone thanks. 

      And yes, I’ll keep my investments nicely off budget 😊. Even though your method would give me easy insight in how much of the rise is through market change. 

      Like 1
      • Superbone
      • YNAB convert since 2008
      • Superbone
      • 6 mths ago
      • Reported - view

      Powder Blue Pony You'll still see it. You just can't budget it. The best view of it over time is in the Net Worth report. 🙂

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    • Superbone That would be the combination of the new money we put in plus market change though, wouldn’t it? Not that it makes a difference in the total amount of course, but still.  I thought it’d be interesting to see just the market change. But actually it might be a good thing that’s not an easy visual; I’ve decided to follow this tactic regardless of what the market does, so why add emotions that might make it hard to stick to the plan. 

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      • Superbone
      • YNAB convert since 2008
      • Superbone
      • 6 mths ago
      • Reported - view

      Powder Blue Pony No, the new money in should be a transfer in from a budgeted account which would leave Market Changes as exactly that.

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