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

How do I Reconcile My Accounts?

Reconciling is a great way to make sure that both Goodbudget and your bank have an accurate record of your spending each month. If you are missing transactions in Goodbudget, or there are fraudulent charges on your bank statement, reconciling your Accounts will let you know. Here’s how to do it… First, choose an Account … Read more

Getting Started with Accounts

Track your bank accounts in Goodbudget and you’ll always know how much you have to spend. You can create Savings or Checking Accounts to add to your available funds, Credit Card Accounts to track how much you owe, and off budget Debt Accounts to track your debt payments and payoff progress. The difference between what … Read more