Payment Vs. Card Balance
I recently opened a new credit card to get the flight bonus, with the intention of using it as my every day spender and to carry NO balance. I got this card AFTER starting YNAB so it started with a zero balance and I figured it would be easy to keep track as YNAB automatically moves cash to the payment budget when you make a purchase.
I suddenly noticed my Available (for payment) under this Chase card is several hundred dollars below what the balance of my card is. There is NO overspending in any category in current or previous months. I have no idea how this happened but I really need to figure it out before I keep using a cc as an every day thing.
Something to do with reimbursements? I've bought a couple big things that people paid me back for, is there a way I could have entered that weird and messed everything up? My checking account is correct so I don't see how this would happen but.... I dunno.
Sometimes I'll make a purchase in a category like "clothes" when there's no money in that category. I then move money from another category to zero it back out, which in my understanding should also go directly to the "Available", and it seems to have done that for individual transactions? But again, i am very confused.
It's probably the reimbursements.
When you made the reimbursable expenses, did the reimbursement come in during the following month? i.e., did this happen:
1. Make the reimbursable expense. The "Reimbursable" category (or the category of your choice) goes overspent.
2. The month rolls over. The Reimbursable category is zeroed out, and the overspending becomes credit card debt.
3. You receive the reimbursement, deposit it, and categorize the transaction as Reimbursable. The Reimbursable category goes positive, but nothing is automatically moved to the credit card payment category.
If this is what happened, all you need to do is move money from the Reimbursable category to the credit card payment category so that your Available amount for the credit card payment matches your card balance. If this isn't what happened, could you please post your reimbursement workflow?
I don't have a specific workflow for reimbursements. It's something I'm working on as it happens a lot more than I would have guessed when I first started. Typically I just move money from another category because I hate seeing categories overspent, and then treat the reimbursement like income BUT I haven't been super consistent about this.
Your comment about the month rolling over is definitely possible though, I am still figuring out how things work when the month rolls over. I will try to see what reimbursable purchases I made towards the end of last month.