Why Does "Record Payment" Default to Paying Working Balance instead of Cleared Balance?

Anyone else find it annoying that when hitting the "record payment" button on a credit card account that it defaults to paying off your full working balance instead of just your posted balance?

I don't have any credit cards that let me pay off charges that haven't cleared yet, so it seems incredibly short sighted for YNAB to default to the amount of the working balance which means I have to change it every time.

Is there any way to change this or can YNAB please allow us to change this in the future?

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  • Are your credit cards paid in full every month or are you making payments?

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    • Budget Conquistador Paid in full. I typically pay off my credit cards 2-3 times a month. I just don't think I should be paying off pending transactions before they post. I don't like that YNAB assumes I want to pay off a transaction that hasn't cleared yet. I give the credit card company enough money. They don't need it while the transaction is still pending.

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  • I bypass the button altogether. I use a recurring scheduled transaction which I update with my statement balance (which is neither my cleared nor working balance) every month when my statement posts. 

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  • If you don't have a revolving balance, many of us use the "Checking" category for the account instead of Credit Card so it doesn't show up as a budget category.   Because if you don't need to make payments, then it isn't part of your budget, it's just a source of cash.

    When you spend money on your credit card, just categorize it to a spending budget, and it shows as a debit to the credit card account under accounts, and you don't have to deal with a "Record Payment" button.   Also, I have my credit card just auto pay from my bank.  That used to make me nervous, but after using YNAB for so long, I know I have money in the bank to cover the charges because I've already categorized them, so I no longer fear not having enough in the bank to cover the transactions.

    When a payment comes through in YNAB on your credit card account, change the Payee Name to  "Transfer :   {The name of the checking account your paid your credit card with}".     My checking account is named "Distribution", so all my payments on my credit card have a Payee of  "Transfer: Distribution".  

    In case you choose to convert the type to a checking account:

    1. Unlink your credit card account and name the account something else, like "OldCard"

    2. Create a new linked account, and choose the existing link to your credit card.

    3. When asked what kind of account, choose "Checking" instead of the default "Credit Card"

    4. You can just leave the Old Card account as is with the old transactions, or move those transactions to the new account.   

    5. To move them to the new account, select them all in the "OldCard" account, and choose Edit, then MoveTo and select the new account name.  

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  • The payment reduces the working balance because the payment transaction has not yet cleared the bank. 
     

    Working balance is simply the total of all transactions. Cleared balance is the total of all cleared transactions.

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  • I suspect because it's an easier programming job slash something so low on their priority list they don't see reason to change it. 

    This is a feature request which has been made repeatedly ever since they introduced that button as an option--here's one from three years ago. I would not hold my breath, were I you, that it will be changed. But by all means add another feature request to the pile. 

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  • I'm not sure of the history behind why it is the working balance, but it does seem like the cleared balance would be paid by more folks (although: I see a lot of people paying off their pending transactions, so who knows). I hope you submit this as a Feature Request!

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  • I did! Thank you.

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