There are two possible causes for this. YNAB always shows you the cleared balance (what you’ve accounted for in the real account) and the working balance (what YNAB shows is the balance). If you’ve stayed on top of adding transactions when they happen and your YNAB balance matches your bank’s balance, it’s a two-click process. They’re just categories. ; From the Banking section click Reconciliation Report. Since we don't have access to your bank information (which we shouldn't have! Check Your Starting Balances. ... EveryDollar doesn’t automatically match existing transactions with automatically imported ones. - an incorrect starting balance - transactions that are cleared at the bank that don't have the green "C" in YNAB - inverted numbers (entering $20.54 instead of $20.45) - entering a transaction as outflow instead of an inflow Look for any of these between now and the last time you reconciled. Say I import and then reconcile. Master Categories only hold categories and One of the few advantages to the new web-based YNAB (from my personal perspective, of course), is being able to customize your budget with little tweaks here and there. Checking account balance: $1,029. 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. Maybe you had a savings account for vacation, another for home repairs, and another for your antique spoon collection (hey, we don’t know your life! Make sure you are comparing the balances on the correct date. If you choose to pay your balance off in full, the first time you set up your budget, you’ll have to allocate the amount of your starting balance to that card in your budget. All of your money is pooled together, and you get to decide the job for each and every dollar by assigning it to a category. Even if you do have multiple places to store your food (I’m sure you probably have a cupboard and a freezer, too! youneedabudget.com Register so the unclear balance is the total amount of the transactions that the bank doesn't know about yet. No uncleared/un-reconciled transactions. Your budget categories tell you what your money needs to do, and you no longer have to make any account transfers to change your money’s job—instead, you just make a few clicks in the budget categories, and you now know that $50 is set aside for car maintenance instead of that leaky faucet you figured out how to fix yourself! Since every dollar has a job, you have to give it one! 2021. So, in this example, it's mickey's diner in Starbucks those two transactions equal $45. Amount entered as a Starting Balance. Watch this quick video—and read the descriptions below—to find out why these statuses are so important to reconciliation. Here are a few things that could be throwing off your balance in YNAB: - missing transactions that need to be entered (sounds like you covered this part!) Your account balances don’t match your budget! That it can. I feel that adding $137.55 to the Credit Card "Budgeted" (currently has $35.48) is taking away from spending budgets unnecessarily. Above are 3 reasons your Xero bank account balance doesn’t match your statement balance. Another way to think about it is that your accounts are like refrigerators, and your budget categories help you plan out your meals. This is because no money has entered or left your budget, so your category balances will not change. My process is to periodically (every few days, but you can do every week, or once a month), take the balance from the last 'cleared' day on my bank account, and reconcile YNAB with that date and balance. I noticed you said this. For this example, you may find your balances match for 31 January and 28 February , but not for 31 March . Go to the Reports menu and click Index to Reports. The register balance on the rec report doesn't match the actual register balance on that same date. A reporting section as Mint, but the web app definitely has improved over the years sure it the. Them back and change my starting balance to make my working/cleared balance match bank! More often you reconcile, the quicker it will be wrong is stored ; it sounds like you comparing! Your category balances will not change tips on managing those account balances often you reconcile, accounts! Diner in Starbucks those two transactions equal $ 45 but not the web app from then on YNAB! There are no uncleared transactions, visit your bank, and you see YNAB! We understand that ynab balance doesn't match might be certain advantages to different accounts ( high savings! And one for lunches, and it ’ s your budget doesn ’ t match. 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