I am trying to work out what i have done wrong. I am getting negative amount showing in my Monthly Budget Sheet, and when i try to roll over i get some negative number that i cannot work out its origin.
OK so just writing my question now has made me think i have done something wrong. I entered all my budget amounts into the columns on the Budget History tab… was this wrong? and should i just allocate the amounts on the Monthly Budget tab?
It looks like i am over budget but i still had $1300 to allocate. So in saying that those red amounts represent unspent allocation. As you can see i had allocated $492 and Actually spent $452. So that amount should not be red as it has not been spent actually. So from that when i set it to rollover it rolls over a negative amount which throws everything out. I basically have to zero it all out manually.
Any one have any ideas about this ? As it is quite annoying.
Then if you look at these they are totally fine. Budgeted the same way but have not been paid, well a couple have. But they are not red and not negative. Whats going on? I cannot set up rollover as these negative amounts kill it.
I believe the negative amounts you are seeing are related to the income categories. You have money budgeted but since you haven’t recieved ( or categorized) the paycheck yet, it is showing as a negative amount. It is showing you that you could potentially be spending money with your expense categories that you dont have yet in your bank, thus the negative amount. make sense?
Its just strange. As at the start of the month you set out you budget. I know how much i am going to get paid and allocate accordingly. The budget dash board is still saying i have like $1000 left to allocate. Which is telling me i basically have money left over or will have.
Those categories you see there are expense categories. So i really don’t get what is going on. As some are red and some are not, the ones that aren’t haven’t been spent either, and don’t add up to the same as a paycheck. So i am confused. Why some and not the others, or why any at all?
In the Envelope Budget tool you set budget amounts either in the Budgets History sheet OR the Monthly Budget sheet in the green Adjust cell. Budget amounts should always be absolute values (non-negative) so if you set your budget amounts as -$35 for example, that might be why your available is showing as negative in the screenshot in your first post.
The income available amounts are going to show as negatives until you earn your money.
If the top of your budget dashboard is showing that you have x amount left to allocate it means your expense budget does not equal your income budget - this budget tool expects you to zero sum your budget, meaning you plan to budget/allocate every dollar you plan to earn.
We’re hosting a special webinar this week all about this budget template, that’s a great place to learn more and ask questions live.
I always just put the amount in that i am budgeting for a bill ie $200 not -200. But you are saying that it says negative because i have budgeted but have not earned the money for it yet. I guess that could be it.
In regards to my outstanding amount, i find that i like to keep it as a buffer if i need to shuffle money to unexpected things, but allocate it by the end of the month