Hi there. I’ve muddled my way through using GB in December and feel confident enough now that I want to start the new year off right (and we got paid a day early, so I can start the new year today. Woohoo!).
I haven’t deleted everything because I’ve finally gotten my planned budget to where I want it. I have moved the small amount of leftover money in my current accounts into savings so that my current account (I think that’s what you call a checking account in the US) balances are at zero.
I have money in various savings accounts, which is reflected in the different envelopes I have set up.
E.g. I have a savings account for holidays with €161 in it. I also have an envelope for holidays with an annual budget of 1,200 and it is currently filled with 161.
Apart from the envelopes that reflect these savings, I wanted to make sure all envelopes are at zero, to start the year off from scratch. So I have essentially done fake transactions until I got to the point where my standard envelopes are at zero and my savings or goals envelopes match up with the amounts in my savings accounts (except for one where a savings goal shows 12.32 less than is in the account - but I’ve decided to ignore that, since it’s a positive and not a negative and a relatively small amount, don’t let the perfect get in the way of the good and all that).
I noticed, however, that my credit card amount is deducted from the total amount of my accounts. I often overpay my credit card (just by rounding up) in order to build up a buffer there. At the moment, for example, my credit card has a positive balance of 8.66. I entered 8.66 under the credit card section of accounts. GB seems to identify that 8.66 as a negative amount and deducts it from my total. Should I have entered -8.66?