Deposits After Expenses

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  • Updated 6 months ago
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Is there a way to have deposits listed before expenses/withdrawals on the same day? The problem is that if account is low enough it goes negative before the deposits are listed.
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Jeff Inderbitzin

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Posted 3 years ago

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Colin Grant

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My accounts show instances where the debit appears first and where the credit appears first. I do not personally find this a problem as I frequently rec with the bank anyway. It may be that GB posts entries in the order you enter them. Not sure what happens re scheduled/recurring transactions but maybe the same (the order in which you set them up). I guess in the final analysis it is only the end of day balance that is of value re overdrawn accounts.

Thinking further, the timezone in which GB posts scheduled transactions might have an impact. They post in their own timezone which is not necessarily that of the user. This is an enhancement that is high on the agenda I believe.
(Edited)
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Karisa Russell, Official Rep

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Hi Jeff, 

That's a good question. Colin's right that the logic Goodbudget uses to sort transactions is by day, and then time of when the transactions were added. 

If you'd like to reorder transactions, right now, the only way to do that would be to delete the transaction, and then add it in the order you'd like them to appear.

To clarify, the timezone support wouldn't necessarily help with transaction order, unless you schedule your transactions. We do have this on our Roadmap, but we've put it on hold as we prep for a new iPhone release that's coming soon!

Thanks! 
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Tiffany Kucifer

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I know this is old, but I'm having the same issue today (Feb 2019). The biggest problem for me is that most of my envelopes fill by resetting the total to the monthly budgeted amount, so if deductions are recorded before deposits then more money is added to the envelope than should be.
Example: Budget for Entertainment is $500/month, set. If I use just $200 one month there's still $300 left in the envelope, and at the beginning of the month just $200 should be added.  If I spend $100 on the first though, Good Budget sees the need to add $300 when in fact the first monies should have been taken from the new month's funds.
Is there a way to resolve this?
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Alex Park, Official Rep

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Hi Tiffany,

If you have already recorded expenses for the date that a Fill with Set fill option is scheduled to post, the Fill will take those expenses into consideration when it calculates its Fill amount. If you record those expenses *after* the Fill posts, it should make its calculations based on the ending amount from the previous day, and the expenses you added afterward shouldn't affect the calculation.

To extend your example, if you ended January with $300 left in your Entertainment Envelope and had a $100 expense already posted for February 1 on the night of January 31, when your scheduled Fill posted on the morning of February 1 it would take that $100 expense into account and Fill $300, leaving you with ($300 - $100 + $300) $500. However, if you waited to record the $100 expense until after the Fill posted, it should Fill $200, leaving you with ($300 + $200 - $100) $400.

I hope that makes sense. If you recorded your expenses after the Fill posted and found that it recalculated to take them into consideration, would you send us an email at support@goodbudget.com with your Goodbudget household email address so we can take a look and see what you might have experienced?