My budget is showing more than I actual have available.

Hi, I have been using the latest version YNAB for a week or so now but I am familiar with how it works. 

today I have encountered a problem and I can't work out how this has happened. In short, my actual funds in the bank are lower than that what I still have left in my budget. 

I have 4 accounts (3 checking and 1 Savings) 

  1. where my monthly pay goes 
  2. where my home bills are paid from 
  3. where my fuel is paid from 
  4. savings 

now i budgeted out all my funds, i get paid on the 28th of each month so some payments come out before the start of the month and the remaining come out in in the following month. this was fine. 

All the accounts are accurate to my actual account balances where I have been tracking my spending. 

but for some reason, my budget is off but about £100 or so. after working it out I had £155 left budgeted for groceries which now, in reality, is £35. And to make things worse my budget is also now showing that I have and additional £25 to be budgeted which is not the case. 

I can't work out where the issue is. I think YNAB is looking at all my accounts and the money in them and putting those into the budget. 

can anyone help with what may have happened?

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  • Asoe209 said:
    I can't work out where the issue is. I think YNAB is looking at all my accounts and the money in them and putting those into the budget. 

     Yes, that's how it works. All of the money in all of your cash accounts that you have on budget should be available. So the money in all three checking accounts and the savings account added together should make up your available balances. How are you doing your calculation and what are you expecting to see? Is there any red overspending in any of your categories?

    Reply Like
  • If you want your fuel category to match what is in account #3 it is up to you to constantly manually ensure that the numbers match and manipulate the left column to make it happen because YNAB does not care what account your money is in. It is all just one big pot to be divided up as you choose. 

    Reply Like 1
  • Hi, thanks for the replies, hopefully, this all makes sense. 

    No, I have no red categorize, I did have a couple that I overspent in buy a few pounds, not over £10. but I took these and budgeted back to cover the overspend from other categories. 

    in terms what I'm expecting to see, well I'm not expecting to see money to be budgeted because it has/ was all been budgeted out. 

    plus I'm not expecting to be short in actual funds which I am now. something is not right somewhere. 

    my available funds from the budget total to £1709.58

    my Accounts funds total to £1860.80 which is correct in my bank accounts 

    to be budgeted is £146.22

    removing the £146.22 from the £1860.80 leaves £1714.58 which still leaves an error somewhere as this should =to 1709.58?

    my remaining bills = £198.49 from 1 account which has £253 in it. the remaining was for groceries this was saying it had around 188 available. but of course, as you can see I don't. the other accounts, of course, were budgeted as they should so £150 into saving and £180 into fuel. I have not counted these as they are in their own accounts and budgeted the available figure is showing in the green.  (transfer was made in July)  

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      • jenmas
      • jenmas
      • 4 mths ago
      • Reported - view

      Asoe209 Can you post a screenshot?

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      • eloquentz
      • Numbers Wizard (Accountant), Acoustic Artist (Musician) and Jill of all Trades (Wife & Mother)
      • eloquentz
      • 4 mths ago
      • Reported - view

      Asoe209 To be budgeted + the available column should total 1860.80. You don't subtract the 146.22 from the 1860.80 because it is already included in the 1860.80.

      YNAB doesn't care what your account balances are. If you have multiple accounts, you may need to do some shuffling of funds to cover something that is coming out of another account, but YNAB only counts these as transfers, they don't hit the budget at all.

      Reply Like
  • would i be better off making some of these accounts tracking accounts? because once i transfer to these accounts i don't need to really worry about them. i only really need to know where my checking account money is going as thats what i budget and spend

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      • WordTenor
      • Arranged the menu, the venue, the seating.
      • WordTenor
      • 4 mths ago
      • 1
      • Reported - view

      Asoe209 No. It does not improve things to make them tracking accounts, not in the long run. 

       HappyDance once posted a brilliant rundown of how using tracking accounts for accounts that should be on budget eventually causes people frustration but I’ve lost track of the post. The short version is that any account that is liquid should be included in your budget. 

      Reply Like 1
      • HappyDance
      • YNABing consistently since 2014
      • HappyDance
      • 4 mths ago
      • 3
      • Reported - view

      WordTenor 

      Brilliant, huh.  Let me try that on for size for a little while and get back to you.... 😉

      Do you mean this post? link to the thread I posted this in.

      It's a common question by newbies:  how do I keep my savings out of the budget? If new YNABers ignore the recommended practice and put their savings off budget, they Inevitably return a couple of months later and ask:  why does YNAB show all my savings as "spending" in the reports, and the answer is, "because you set up your savings account off budget".   Anything off-budget is OFF BUDGET. Then the next stage is usually a complaint: why is YNAB making me define my car insurance funds as new income when I transfer from savings to chequing? and the answer is, again, "because you've made your savings off-budget". Money entering the budget (whether income or from savings in a tracking account) is treated as income.

      Try a month or two of running your information in YNAB as per the recommended set up. Doing so won't alter anything in the real world where you keep your money.  I think you will find being able to assign your savings to specific purposes provides an incredible sense of control.

      Reply Like 3
      • dakinemaui
      • dakinemaui
      • 4 mths ago
      • 2
      • Reported - view
      Asoe209 said:
      would i be better off making some of these accounts tracking accounts?

       No, you would be better off consolidating them into a single savings account. Categories are more granular and far easier to work with than purpose-specific accounts.

      Reply Like 2
  • I have some translations to update for the weekend, then I’m going to see if I can make sense of things.

    Reply Like 1
    • Hi Asoe209 !

      I just wanted to leave the steps on how to perform a self audit! :)

      Here are the steps you can use to verify that the amount in your account(s) matches exactly with your budget in YNAB—no more and no less.

      1. Advance to next month's budget or the furthest in the future you can go, if you've been budgeting ahead. (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 funds 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 zero.
      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 up exactly.

      Now, if you’d like any dollars to be in a different category, you can confidently move money. I hope that helps! Let me know if you still have questions, I’m happy to help!

      Reply Like
  • Morning, I have another question in relation to something thing I did before the numbers changed. I may not have done this the correct way. 

    so as mentioned i get paid towards the end of a month that will be budgeted for the last few days of that month and the remaining carried over to the following month. 

    I budgeted £855 in July (this is an instant transfer to another account) ant use for household bills, rent gas, electric etc. 

    my partner gives me another £600 towards this. this happens on the 1st of a month, 

    i never put this money in until it was paid into my account and tracked as an inflow. 

    When this happened in August what i did was added the £600 to the category of household bills which is where the £855 was. but i removed the 855 and just put in 600. 

    should i have just done 855+600 (1455) here? 

    and then at the end of august add another 855 as there as that what the budget will be? 

    Reply Like
      • dakinemaui
      • dakinemaui
      • 4 mths ago
      • Reported - view

      Asoe209 How you handle your partner's money depends on whether you want your budget and spending averages/reports to be your share or the total.

      For a "your share" view, categorize partner's money directly to Household Bills. This will cancel their portion of the actual outflows. You would only budget for your portion.

      For a "combined" view, categorize partner's money as TBB and separately increase the Household Bills budget entry by £600 (resulting in 1455). (You can easily add to a budget entry by hitting the + key.)

      Regardless of which approach, the Available (last) column needs to cover any outflow (in the month of the outflow).

      Reply Like
  • its easier just to keep it as combined as i manage the bills and it comes from my account. its pretty much just a payment to me. 

    so based on that above, for the end of the month when i get paid again and i budget my portion, ill just add another 855 to the 1455 total 

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