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How do you handle checks? (self.ynab)

submitted 1 year ago* (last edited 1 year ago) by erre to c/[email protected]

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Specifically with regards to checks you've written that are cashed months later, do you keep it in YNAB with the date it was written.. or move it to the day it was cashed?

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[–] [email protected] 2 points 1 year ago (1 children)

it’s not really money to you until you cashed or deposited it, so I will probably just do the date that you did so

[–] erre 2 points 1 year ago (1 children)

Sorry, I meant to say, my own checks I wrote that are cashed months later. I updated the post now.

Although, by your train of thought, the money didn't actually go out until months later. If I update the date then at least ynab will match my bank statement 🤔

[–] [email protected] 3 points 1 year ago* (last edited 1 year ago)

So, to that, I would say to enter it when you write it, so that you and YNAB know that it has been “spent”. you could theoretically, with a regular bank register, move it to when it actually went out, but that might affect your YNAB budget history so I would advise against it