Adjustment Question

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Adjustment question: One of my "Accounts" is Savings. In my monthly envelopes I have 4 envelopes for Savings (Emergency Fund, Car Fund, etc.) so ideally the balance in my savings account matches the total of the 4 envelopes. Somehow I got off, is there a way to make an adjustment? If I add Income it will add it to the "Account" as well as to the envelope. 
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Craig Hahnlen

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Posted 2 months ago

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Tiffany Kucifer

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Hi Craig, 
If I understand correctly, your Account balance in Savings (the total real money) is correct but your envelopes add up to less than the true balance, right? (if not, skip to the end) In that case you can simply do a "Fill from Unallocated" because the extra money should be appearing in the Unallocated bucket (it exists in your account but not in an envelope). That should bring the envelope balances up to where they belong without adding money that doesn't really exist, and it won't affect your Savings account balance directly.
If the Envelopes are overfilled but the Savings Account total is correct, make the Fill a negative amount and it will move the "extra" money from the overfilled envelope(s) back to Unallocated.
These both assume the Savings Account balance is accurate to the bank and only the envelopes are off. 
If it's the Account that isn't correct and you're unable to reconcile it with your bank statement, just add an Income transaction (not a Fill), using + or - income to make the balance reconcile with the bank and then follow the steps above if needed.
I hope this helps!
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Craig Hahnlen

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Your understanding is correct. However there is nothing unallocated either, hence my dilemma. Maybe I should just delete that account and those “savings” envelopes and start them from scratch?
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Tiffany Kucifer

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So just to clarify, your Savings balance is correct, your savings envelope balances are too low, and your Unallocated is $0? If that's the case, then you've "overbudgeted" from another Account (I'm guessing you also have a Checking account?) since there's no money left to adjust the savings envelopes.
Since the Unallocated balance pools all your accounts, it's using money from Checking as well as the money that should be in those savings envelopes but isn't.  Rather than deleting and re-creating your account and envelopes, you may want to correct the envelope balances with a fill from Unallocated which will make your Unallocated balance negative (you can do this, but realize you're spending money you don't really have) unless you can re-route/transfer some money from envelopes already filled to the savings envelopes that are showing up too low, or use some combination of the two.
One of the features I'd really like to see in GoodBudget (it's been requested before) is a toggle for accounts to NOT be included in the Unallocated balance. Like you, I have a savings account with multiple "buckets" for emergency spending, vacation spending, etc. and it would be nice if Good Budget ignored that account because the money isn't really "spendable" on a regular basis. I'd rather the Unallocated just be money from my Checking account that I'm actually budgeting on a regular basis, but that's just me and I've done the same thing you have (create envelopes to assign my savings to) to work around that issue.
(Edited)
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Craig Hahnlen

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I think you’re on to my problem and I think I know what might have happened
I like your idea of having Savings disconnected from the “Fill/Unallocated “ section too.