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So I recently went about two weeks without tracking my purchases on YNAB. I cross-checked the majority of my purchases but the bill wasn't giving me the same total as YNAB. So I used 'Reconcile Account' to bring the numbers back in line. YNAB added a reconciliation adjustment and I figured that was it. But then, I got an overspending alert on my credit card category and then was required to budget money to get it to go away.

Am I understanding the credit card category incorrectly? I thought it was for tracking my credit card transactions and I would pay them off from a checking account category or something. Why am I being told to budget money for this category?

Jason L
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1 Answers1

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(Assumes new YNAB, not classic)

Say one spent $100 on ones card. $90 for groceries and $10 for a movie. The groceries were recorded in YNAB. Available to spend on budget category groceries is reduced by $90. Available to pay card is increased by $90.

Now one gets the statement and cannot figure out why the statement balance is $100, gives up and enters an adjustment of $10. That outflow of ten dollars is being recognized now and like every other outflow should be from a budget category. When the budget category is set, YNAB will know which category to reduce available by $10 to make $10 available for the credit card payment.

checking account category There is no checking account category. Just an account. Credit cards get both an account and a category in YNAB. The category is how much is available to pay. The account is for transactions and balance due.

Shannon Severance
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