Setting up the initial balance

Hello - I transferred money to my YNAB account to set up the initial balance. It now wants be to put a category to that transfer. And it shows up as a budget line item. I don't want to do either but I do need the deposit to be recognized so that the starting account balance is correct. Any thoughts on what to do here?

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  • Define "YNAB account" in your first sentence. I have no idea what you are asking.

  • I noticed that the addition of funds to my account balance has introduced the need to include that same addition of funds as it's now considered a budget item. Does that help? 

      • nolesrule
      • YNAB4 Evangelist
      • nolesrule
      • 2 yrs ago
      • Reported - view

      Ivory Commander Any time you add new money to your budget, if it's properly categorized it will go into your To Be Budgeted. And then you will assign it to one or more categories.

  • Hi Ivory Commander !

    I'm a little confused as well. Take a look at Adding Income - it goes over adding your account and then adding additional income to that account (beyond your starting balance). If you transferred that income to an account in YNAB from an account that isn't in YNAB, you'll categorize it as Inflow: To Be Budgeted. If you transferred those funds from an account that's in YNAB to another account in YNAB, you'll indicate it's a transfer by updating the Payee to "Tranfer: [Name of Account]" and a category won't be needed.

    I hope that helps, but if I missed something just let me know! :)

  • Thank you - your explanation was very helpful!

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  • 2 yrs agoLast active
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