Sorry, I know there are numerous threads on this but maybe there was a software update or something because it seems different now that I’m trying to do it. I used GB several years ago and they must have changed things around, it’s not as easy as it used to be.
I have a balance on my CC. I only use my CC for gas currently because I get Cash Back Rewards for fuel purchases.
I created a Gas envelope. Here’s what I’m trying to do (this used to work when I used GB more regularly a few years ago, I’ve only recently started using it again last month):
Add transaction > Expense/Credit >
Account: Bank Credit Card
That used to work. Then at the end of the month I’d just make an Account Transfer from Debit to Credit, easy.
Now when I try and do this, I get an automated prompt saying “Recording a debt transaction? Use the debt tab”.
Ok. So I go to the debt tab.
Add transaction > Debt transaction
Type: Add interest, fee, or new charge
Debt: Bank CC
Ok, that’s fine but now I can’t take the money out of my Gas envelope.
In real life, I’ll make an account transfer from my Debit Account over to my CC Account once a month.
However, in GB, I have to create some sort of Debt Payment envelope and have a budgeted amount each month and then…? I don’t know what. Use the Debt Payment envelope to…?
This isn’t how I used to do it and this new way is confusing to me.
On a separate but related note, how does one record Cash Back Rewards? I got $18 in cash back rewards deposited into my CC account, but you can’t record income on a Credit Card. You also can’t record a Credit on a CC account. Anytime you try and do anything with your Credit Card, it makes you go to the Debt Transaction tab. The only way to record any sort of credit on your CC is via payment, which you have to take from another account or envelope.
Some guidance would be helpful, thank you!