Hi there! I am new to GB & have used it for under a week so I only have 9 transactions to reconcile (i.e. I don’t think it’s other transactions causing the issue below?)
I just tried to reconcile my account but am really confused what to do about the last transaction at the bottom that is ‘updated income’. When I DON’T tick the box next to it, it says I have 6,431.52 left to clear.
(1. this makes no sense to me? Why would it not match the amount of the updated income?)
When I DO click the income box to clear it says I have -121 left to clear.
(2. How can I have a negative balance to clear? That makes zero sense to me).
- do I click the box next to income when reconciling or no?
I don’t know if i’m doing something wrong but i read through SOOOO many help articles and it just seems weird to me that not a single one of them mention what to do with the income transactions?
Pictures attached below 
thank youuuuuu for your help! Much appreciated.
You definitely DO want to tick any transactions that have posted against your balance, so in this case the income falls into that category. Having (-121) means there are transactions you still need to account for in your ledger–either things that were overlooked, or that happened around the time of the reconciliation but aren’t reflected here. Do you have bills or payments that are listed for tomorrow or a few days from now, but which have already affected your bank balance? For example, a subscription dated on the 1st that has come out of the bank already?
Double check that the statement balance you entered matches your balance today; you’ll see in the box on the right that you’ve entered 4491.52 but only cleared to 4612.52 (so Goodbudget thinks you have more than you really do); that’s where the 121 comes from and it’s something that’s come out of your bank but isn’t listed in these transactions.
Does that help?
@Tiffany - thank you so much! xx
