Then, when it comes time to pay, you pay the card and it reduces the amount you have in the "pay the card back" envelope. Actual balances (which are reflected under the Reconcile Account button) are correct in this area (this is the actual Chase Reserve balance). [Investigating] We are investigating an elevated number of errors connecting to Citibank where YNABers are unable to complete the OAuth connection process due to a grayed out "Authorize" button. The credit card payment budgets are still showing available money to put towards cards that no longer have balances on them. YNAB has moved the $50 you budgeted for the Internet bill to paying off the credit card. I have always used my credit card like a debit card- paying it off each month. However, YNAB is showing that I have $170 available for my credit card payment, while the card … To fix this, you'll want to budget enough money in the current month so that your credit card category Available amount is enough to pay off your current credit card balance. Have you taken the class Mastering your credit cards? YNAB added a reconciliation adjustment and I figured that was it. … Double check all hidden categories to make sure that they don't have a balance (a red balance should be fixed or if it is a hidden category that you don't use anymore and there is still money in it, reallocate it to somewhere red). Or the amount due on the statement? So my CCrd balance, and what shows up in my budget should be identical. I also pay off the cards each month and have not had this issue with prior months. Each choice comes with different ways to proceed. I have imported transactions and tried to reconcile to the latest statement. You have control over how you classify them too. Cleared: Transactions that your bank knows about and have finished processing are cleared and are marked with a green C at the right-hand side of the transaction line. now it’s end of month, when i usually reconcile … Sync your CC account to YNAB and have the web app automatically import any transaction it detects (which you have done). EveryDollar. You have complete control over the number and names of categories, just as you would in a spreadsheet. In the meantime, there are a few troubleshooting steps that have helped other YNABers bypass similar issues: 1.) are treated subtly differently depending on whether you are in budget or account mode. Fix it by reducing the budget value in one or more green categories, until TBB is $0. The transaction for Amazon would require a category for spending, let's say I add it to my personal category called "Home Supplies." I dont want to just put in a charge to reconcile it as that only fixes this current mismatch and not what the actual issue is. :). We also have a few other tips on how to reconcile in our Help Doc. I linked the account and was given a starting date. That is paid in full status. YNAB, will sync Chase and see that the $20 transaction is no longer pending, and it will reconcile that transaction and "clear" it for you. Should I go back to the beginning and put previous months to zero  - and would that then accuractely reflect what I actually owe on my credit card? This is because these entries are downloaded automatically from your bank. Since beginning YNAB in 2016, I have always used my credit card like a debit card- paying it off each month. The most recent credit card statement has transactions on it that pre-date the starting balance that shows for that account on YNAB. Delete all transactions in YNAB except for (a) your starting balance and (b) any transactions that are pending on your online CC statement. (Is that a word?) YNAB took $20 from my available grocery money and added $20 as available for the credit card payment. You can do this easily by using the "bulk select checkbox" at the top of your account view on the web app and then deselecting the transactions you want to keep. YNAB considers itself an educational program, instead of just a budgeting program, and I agree. For example, your CC statement might say you paid $10.00, but later YNAB might try to duplicate that transaction the next time it syncs because you actually paid $12.00 including tip and so YNAB doesn't register them as the same transaction. I was also frustrated with initially syncing my CC account to YNAB and I'll tell you how I initially reconciled everything to my liking. The way the program handles them is very different from the way I thought about them before learning to use the program. The payments have cleared. Hoping you choose to stay with the program as I believe you will be amazed at the progress you can make. In YNAB the account balances (Bank, Savings, Credit Card etc.) 2. But if you are just doing budgeted spending on the card, you shouldn't need to adjust it at all. Can you let me know what you mean by things going cuckoo? The payments have cleared. If you look back in previous months, you'll most likely find spending categories with Yellow or Red Available amounts. jenmas yes- screenshots taken this morning from the different months. Again, you fix this issue by budgeting to make the Payment category match the account balance (as a positive number). It is possible that you will have to budget a negative number. You can see in the screenshot below I clicked ‘mortgage’ and can change it to ‘rent.’ Or, since I don’t pay HOA dues, I can click the trash can and get rid of that line. Annieland - I looked up 'Paid in Full Credit Card Assit' and found this video:https://docs.youneedabudget.com/article/1525-when-you-pay-your-card-in-full. I bet your next reconcile will go more smoothly! Reconcile the account, making an adjustment transaction if necessary. If $245 is not the correct balance, you'll want to reconcile the account, then move money to adjust the Available balance to match the account balance. 5. I also see I have one pending transaction on my online Chase account that says $20 for an Amazon purchase. I think you would be better off using it as intended. To learn more about how credit cards work in YNAB, take a look at our Quick Start Guide to Credit Cards and consider taking our Master Credit Cards with your Budget workshop! They don't have pending charges. I just adjusted all of the account balances to be accurate and negative and put the opposite amount in the credit card payments column. If so, it's not that the $831 from August 31 didn't roll over on Sept 1, it's that everything that happened (new charges, paying a credit card bill, returning things, cashing in points) between Sept 1 and whenever you took that screenshot (presumably Oct 1) also impacted the credit card available category in September and "drowned out" the $831. In other words, do a better job of riding the CC float. While pending transactions are included in your bank balance online, they won't be included in your account in YNAB until they clear your bank and import (unless you manually enter them). It just doesn't make sense to me at all. 1. Cleared transactions make up the Cle… But they're not. That led me to the aha moment which was that I never budgeted for my credit card balance when I started YNAB years ago- so that category has been unbalanced from the beginning without me knowing anything about it. If you're the proud recipient of a hard-earned cash back reward or a statement credit, you may be wondering how to categorize it. In Part 2, I dove into the real… :). So the prudent thing to do is to take some cash right then, and put it aside for paying the card back. I pay my credit cards in full every month. so when starting over Gina, you're gonna wanna start up with the current clear balance of that credit card. And/or you may have been on the credit card float - ie you bought something today that you didn't have enough money for, but knowing that by the time you had to pay the credit card bill you would have enough to pay it. I'm having the exact same problem. You can click on them and jump to the part you are having trouble with. so don't worry about last month's balance or the statement balance whatever that balances as of today and just log in to your online credit card … Features. A credit card now look what happens I've only got $730 left in the bank that I can use to budget for all my spending now there's only one way I can get through that month and that is to use the credit card all month long. When you checked to make sure all transactions were entered, did you see any that were inverted or for the wrong amount? If the account that you're reconciling is connected to your bank, then proceed with reconciling it. The transaction record for my credit card in YNAB reflects the same thing if I add them up by hand; technically, YNAB should have said I owed $773.66. Just click “HOUSING” and type your preferred title. If you have been and still are on the float, just understand that fact and only pay the amount that is green in the credit card payment available category. 4. When you spend on a credit card, though, you don't spend your cash right that minute. 3. Then YNAB should register that you've used $20 of your "Home Supplies" budget on Amazon and take care of allocating that money for paying off your CC. So I did a reconciliation by entering the accurate current balances after I pushed the Reconcile Accounts button. This reminded me to turn on the toolkit Paid in Full Credit Card Assist. (a) Current balance for the credit card (including pending transactions) (b) Total of all pending transactions (according to your bank) Subtract (b) from (a), and if that matches YNAB's cleared balance, you're all set to reconcile. https://www.youneedabudget.com/video-courses/. Now 2 of my cards have positive balances and one has a negative balance - none of the numbers reflect the actual balances on the card. Logging into the YNAB … Follow YNAB to get support and lots of great ideas on budgeting. And then you can just keep any transactions in YNAB that correspond with pending transactions in your CC account online. Your credit card balances … Hoping you take a little time to learn the YNAB process, and why you use it. I tried to undo but it won't let me do it. The budgeted amounts have nothing to do with the balances on the cards. When you say to only include "any transactions that are pending on your online CC statement", do you mean those transactions that appear on that statement? When your first reconcile is off, I always suspect an incorrect starting balance. When you swipe your credit card to pay for the gum, enter a spending transaction for groceries in your credit card … Very glad I did because for the first time I started making progress. Your categories are a mix of real money and Monopoly money, which is hardly conducive to quality spending guidance. I once had a transaction import for $20 - the amount of Cashback I took out - instead of the amount of the purchase plus the cashback. jenmas No I haven't. I had turned it off when I had a short-term 0% debt on a card, but I just finished paying it off. In this situation, YNAB will take money out of the … Warning: you may have to edit these again later if you paid tip on any transactions. If you pay your cards in full each month, you'll want them to look like your Chase Ink card. The credit card charge will match my credit card statement and my Wallet will reconcile because the account balance will be reduced accordingly. Thanks everybody for the awesome insights! :). I've gone through each line and verified that the starting balance was correct and that all transactions since then have been entered into YNAB, but it still thinks my balance is different than what shows on my card. Thank you! Should I find that credit card with last month's balance. Coral Hammer The article that dakinemaui posted below is very thorough and helpful. My credit card balances are not matching the balances in YNAB and things seem to go absolutely cuckoo when I try to reconcile the account. So there are numerous ways the available amount can get messed up - returns, statement credits, and not setting it up properly at the very beginning. Check out Part 1 and Part 2 if you need to catch up! You need to keep an eye on that category in real time to make sure that it matches your account balance (but is positive whereas the account balance will be negative) because if it is less than your account balance, then as far as the budget is aware, you have not set aside enough money to pay your credit card off. Posted below is very different from the way I thought I knew about budgeting and spend some time learning YNAB... 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