Category: budgeting with goodbudget
My Envelope balance is wrong after I added a backdated transaction.
You’ve added a transaction dated for a previous month. Now you’re wondering why your current Envelope balance changed. That makes sense! Here’s why that happens. Goodbudget Envelopes use running balances to calculate current balances. Balances are not limited to one month at a time. That means every transaction — past or present — affects today’s … Read more
How to Start the New Month
At the start of a new month, you’ll refresh your Envelopes by filling them with new money. When you do that: Last month’s transactions stay visible. Your Envelope balances update with new cash for the current month. You can automate this process by creating a scheduled Envelope Fill. Date the Fill for the 1st of … Read more
Re-link Accounts When Syncing Stops
Transactions not syncing for your linked accounts? That’s frustrating! Most new transactions should appear within 1-3 days of making your purchase. But the timing is largely determined by your bank. If no new transactions appear within a few days of making a purchase, check for issues with your connection. Here are a few common reasons … Read more
Why is my Available balance…?
To learn more about what Available money is and what you can do with it, read our help article: What is Available money? In this article we’ll cover some common questions related to Available money (formally called Unallocated). Why is my Available balance so high? There are a few reasons why your Available balance might … Read more
What is Available money?
Available money (formerly called Unallocated) is money that does not have a job yet. The money actually exists in your Accounts so you can use it for spending, but it’s not in an Envelope. Here’s how Available is calculated: Available = All your Account money − All your Envelope money Quick Summary Available money is … Read more
What are the different Transaction types in Goodbudget?
In this article, we’ll cover each icon you can encounter while using Goodbudget. Transaction Types These are the different transaction types you might see using Goodbudget, and their corresponding web icons. Transaction type GB icon Effect Example Expense Subtracts money from Envelope(s) and either decreases balance of Checking, Savings, Cash Account or increases balance of … Read more
What does “Save & New” do?
When you create a new transaction through the Add Transaction window on the Web, there are two save options, Save and Save & New. Clicking Save is best for entering single transactions, as it will save the currently entered transaction and then close the window. Save & New should be used when entering many transactions … Read more
How are Monthly budgeted amounts for Annual / Goal Envelopes calculated?
The suggested Fill amounts for Annual and Goal Envelopes differ depending on whether or not they are assigned a Due Date. Annual Envelopes without a Due Date calculate their Fill amounts based on the Annual budgeted amount divided by the number of budget periods in a year. For example, if you are using a Monthly … Read more
Current Balance and Running Balance
The current balance (displayed at left, in sidebar) for your Envelopes and Accounts should always match the running balance (at right, in transactions list). If the two numbers are not matching, first try refreshing the page to see if one of the numbers simply hasn’t updated. If this still doesn’t clear up the issue, send … Read more
