Why won’t Goodbudget recognize transactions I’ve already Imported?

When you download a QFX/OFX file from your bank or credit union, they assign each transaction on that file a unique number called a “FITID.” Goodbudget uses the FITID to identify each transaction so you don’t import the same one more than once. However, sometimes the way banks create their FITIDs changes, which means Goodbudget … Read more

Import Transaction Information From Your Bank

Import your recent transaction information to make sure Goodbudget isup to date. You can import QFX (Quicken) and OFX (MS Money) files, as well as CSV files for advanced users. Importing allows you to create new transactions from the file you upload, or match the transactions in the file to your existing transactions that you’ve … Read more

How do I track my car loan I’m working to pay off?

Whether you’re using the Free or Plus Version of Goodbudget, you can track as many Debt Accounts as you need, and we recommend using a Debt Account to track your car loan. They’re also great for tracking your debt payoff progress for things like student loans, and credit cards that you’re working to pay off. … Read more

How to Import CSV Files

We recommend importing bank activity with Quicken (QFX) or MS Money (OFX) files if your bank provides them. You can learn more about importing via these file formats here. However, if your bank does not offer QFX or OFX downloads, Goodbudget supports “CSV” formatted files as well. From the Transactions window on the home page, click … Read more

Envelope balances and Account balances

Why Envelope balances and Account balances should match Envelope Balances and Account Balances are two different views of your financial picture. Account Balances talk about how much is in each of your real-world accounts. If you take all of the balances of your deposit accounts (like your Savings, Checking, Money Market account and your petty … Read more

I Have Cash in My Accounts. Why is my Net Total Negative?

Goodbudget uses the Net Total in your accounts to budget with in your Envelopes. Checking and Savings accounts are added and Credit Card accounts that you pay off every month are subtracted to show you what you have minus what you owe. This way, you’ll be able to see how much you have if you … Read more

Can I Link my Bank Accounts to Goodbudget?

Accounts in Goodbudget are not connected to your actual bank accounts, and we won’t ask you for your bank passwords. Instead, you can track your actual bank balances by recording transactions in Goodbudget as you make them, or by downloading your recent activity from your bank’s website and importing that into Goodbudget. You can import QFX (Quicken) and OFX … Read more

Transaction Status: Cleared and Reconciled

Wondering what the green check mark in the Status column means? In Goodbudget, your transactions can have one of three statuses: CLEARED — This is the green check mark which you should see when your bank shows that the transaction went through. This usually happens within 2-3 days of swiping your card. For checks, it can be many … Read more

Use a “Cash” Account to Track Money in Your Wallet

People often ask us how they should record cash based transactions. The answer is, it depends! If you’re on the free version of Goodbudget and only have access to one Account, then the simplest solution is to treat ATM withdrawals and cash back transactions as expenses, taken out of your checking Account. Using this method, individual expenses … Read more