How to enter a starting balance?

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  • Updated 6 days ago
I can not figure out how to set starting balances for any of my envelopes - rollover ending balances from last year. I can easily define the amount I want to auto-populate each month from designated income streams, but in some cases, I'm running 'negative' because spending appears to outpace the amounts added to my envelopes, when in reality, I am not in the negative due to the surplus I came into 2020 with. Can anyone help me figure out how to set starting 'envelope' balances?
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alchristoff

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Posted 6 days ago

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Alex Park, Official Rep

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Hi alchristoff,

It sounds like you'd like to have some way to "go into the past" and say your Envelopes had a specific balance at a specific point in time. If that's the case, you should be able to do this by using an Envelope Fill that Sets your Envelopes to specific balances and backdating it to sometime in the past. I can't give instructions specific to your situation because I'm unable to see your household, but the process would go something like this:
  1. Start a new Envelope Fill, and make sure you're Filling from Unallocated to not add random extra money into your household.
  2. Set the Date to whatever past date you'd like this to have "occurred" on. Be warned that if you have any other Envelope Fills on that date they may interact weirdly with this Fill, so if after saving you don't see the desired result, this may be why.
  3. Next, go to each of your Envelopes and Set them to the balance you want them to have been on that past date.
  4. When you save this Fill, it should retroactively affect your Envelopes as if they had the balances you specified in the past.
Hope that helps! Shoot us an email at support@goodbudget.com with your Goodbudget email address if you'd like some more specific help.