Reconciling in YNAB: A Step-by-Step Guide

Channel Avatar
Reconciling in YNAB: A Step-by-Step Guide
Reconciling in YNAB: A Step-by-Step Guide
Reconciliation is a crucial part of keeping your YNAB budget the best it can be, but if you’ve never reconciled your budget before, it can be hard to know where to start. Follow this step-by-step guide to achieve ultimate bank-to-budget balance so you can trust your dollars and love the way you spend!

Sign up for a free trial! –

0:00 Intro
0:42 What is reconciliation?
1:02 Why is reconciliation important?
1:39 What would make my budget incorrect?
2:56 How often should I reconcile?
4:59 How do you reconcile?
5:12 Starting Point #1: Linked bank accounts
6:14 Starting Point #2: Unlinked bank accounts
6:29 Step #1: Pull up your bank and YNAB
6:58 Cleared vs Uncleared (or Pending) transactions at the bank
7:56 Current vs Available balance at the bank (or Total vs Spending)
8:37 Cleared, Uncleared, and Working Balances in YNAB
9:31 Cleared vs Uncleared transactions in YNAB
10:26 Step #2: Compare cleared balance at bank with YNAB
10:55 How to retrieve reconciled transactions
11:48 Step #3: Import and categorize new transactions
12:22 Step #4: Check status of any uncleared transactions
13:49 Step #5: Search for missing or incorrect transactions
14:44 Last Resort Step: Create a reconciliation adjustment transaction
15:32 Final Step: Repeat this process for other accounts
16:27 How to undo or fix a premature reconciliation
17:12 Tip #1: Linked accounts clear transactions before import
17:37 Tip #2: Enter transactions yourself, leaving it uncleared
18:15 Tip #3: Clear transaction yourself if accounts are unlinked
19:04 Question #1: Can I reconcile an account with uncleared/pending transactions?
20:16 Question #2: Can I only reconcile within the current month of spending?
20:52 Outro
21:22 Bloopers


Sign up for YNAB’s weekly email newsletter with the week’s best budgeting wisdom and inspiration!


Come say, /”Hi!/” on social:

Listen to The You Need a Budget PODCAST here:

And read our BLOG here:

#budgeting #youneedabudget #ynab

Take the opportunity to connect and share this video with your friends and family if you find it useful.

Read Also

Leave a Reply

Your email address will not be published. Required fields are marked *