Help me understand past months budgets after importing past transactions

Dear YNABers

Im struggling to get used to the app as I'm used to either doing either cash based budgetting or payable/receivable for work. And I understand YNAB does a mix of both (everything is cash based except credit card where payables/receivables transactions are hidden in the background).

Im doing a fresh start for my budget and reimports 1000s of past transactions. 

How am I supposed to handle the "To Be Budgeted" for past months? Shall I readjust it to 0 every past month?

I think my question is more what am I supposed to do after reimporting my past transactions... 

Looking forward to your ideas.

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  • Import only transactions starting today. 

    There’s a longer more complicated answer, but the shortest answer is that YNAB is only supposed to be for today and the future. Importing past transactions is a giant headache, as you see. 

    Like 3
  • Makes sense.

    I need to have a back dated view of my PnL over time thats why Im doing a fresh start by reimporting everything.

    I hope theres a way around this otherwise im switching to tiller.

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      • jenmas
      • jenmas
      • 1 yr ago
      • 1
      • Reported - view

      Khaki Battery if you're doing a fresh start, you're old budget is still available with all the historical data.

      Like 1
      • WordTenor
      • Can we agree that goals are dumb and immature? Sure.
      • WordTenor
      • 1 yr ago
      • 1
      • Reported - view

      Khaki Battery This is one of those things that is very difficult to explain but is easy to do. So while I realize this may sound mean, it’s not intended to be. Most users should follow the instructions to start from today. If you are one of the few who can be okay disregarding those instructions, you won’t need to ask how to fix your budget after you import them. If you have to ask what to do, it’s a sign you’re one of the ”most users.”

      Like 1
    • WordTenor Gotcha. I'll keep digging though. I will find out how to do this. I know quickbooks pretty well and am familiar with cash based accounting/payables/receivables. I'm hoping that mapping out those accouting concepts to ynab will help me readjust my past budgets/imported transactions.

      If anyone wanna share a few ideas...

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  • WordTenor said:
    If you are one of the few who can be okay disregarding those instructions

    I am someone who knows enough to disregard those instructions, but I wouldn't. The value just isn't there (benefit vs. effort).

    A YNAB budget is not static, and especially so when starting out. A bunch of analysis up front will be wasted. (This coming from someone who is EXTREMELY analytical by nature! 😆)

    If you use a credit card for most things, the year-end summary is plenty on which to base your initial estimates. I would expect most of your categories to be fairly obvious anyway (e.g., rent/mortgage, auto insurance, etc.).

    Like 1
      • WordTenor
      • Can we agree that goals are dumb and immature? Sure.
      • WordTenor
      • 1 yr ago
      • Reported - view

      dakinemaui This is also true, but it is often a more difficult thing to convince someone of. 

      Matching categories to accounts falls into this category for me, too. If you’re the kind of person who can do it, you can probably figure out how to do it. It doesn’t mean you should, but I have better things to do than convince you of that. 

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  • Specific to your question, the budget is the plan for your future spending.

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  • Ok guys thanks for your inputs! I will focus on my past transactions outside of my current budget and will focus on the future in my 'fresh start' budget.

    Have a great day all!

    Like 3
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  • 1 yr agoLast active
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