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Mint.com help

Posted on 11/6/15 at 10:16 am
Posted by SeaPickle
Thibodaux
Member since May 2011
3131 posts
Posted on 11/6/15 at 10:16 am
Im sure there are a few mint.com users on this board. I need help with setting a budget that i cant get mint to add correctly.

I pay my truck note with mileage reimbursement checks from work. these checks are deposited into my wife and I's joint account. My monthly truck payment comes out of this joint account also. I categorize the reimbursement checks and monthly note transactions together. Mint cant seem to give me the difference in the check vs payments in my budget. I've tried the "rollover balance to next month" option when creating this budget.

However; If i search all transactions for that category it will show me the difference correctly as it then totals all transactions in that category. What am i missing when creating the budget?
This post was edited on 11/6/15 at 10:20 am
Posted by Croacka
Denham Springs
Member since Dec 2008
61441 posts
Posted on 11/6/15 at 10:32 am to
If you categorize the checks as income and the payments as a debt, it will basically give you extra income each month.

I don't think it can automatically roll over any extra to a different budget item
Posted by SeaPickle
Thibodaux
Member since May 2011
3131 posts
Posted on 11/6/15 at 10:41 am to
i categorize all reimbursement checks and truck payments as "Truck Payment" so mint doesnt count it as income/debts for my monthly total. Mint is adding the transactions together, just not correctly.
I guess im simply looking for a running total of the two transactions
Posted by Croacka
Denham Springs
Member since Dec 2008
61441 posts
Posted on 11/6/15 at 10:44 am to
I do something similar by using all mileage reimbursement checks and categorizing them as gas and fuel, which cancels out my gas costs some months.


I don't recall mine doing anything funny. It seems to work
This post was edited on 11/6/15 at 10:46 am
Posted by deNYEd
Houston
Member since Jul 2007
9689 posts
Posted on 11/6/15 at 10:51 am to
quote:

I categorize the reimbursement checks and monthly note transactions together

If you are doing this I cannot fathom why it wouldn't work
So you have:
"Truck Payment" Budget=350
-350 truck payment
+360 mileage reembursment

In this case your budget for "truck payment" would have $10 remaining
Posted by SeaPickle
Thibodaux
Member since May 2011
3131 posts
Posted on 11/6/15 at 11:01 am to
quote:

In this case your budget for "truck payment" would have $10 remaining


that's whats got me also. Since Spetember ive put in $616 in reimbursements and paid $513 in payments. Its telling me i have $445 remaining in my budget for "Truck Payments". It should be $103 remaining. Something isnt right with the "start next month with previous month's leftover amount"
Posted by cdl2006
SCP
Member since Nov 2007
308 posts
Posted on 11/6/15 at 12:11 pm to
quote:

"Truck Payment" Budget=350 -350 truck payment +360 mileage reembursment [quote]In this case your budget for "truck payment" would have $10 remaining

If you set a budget of $350 and then have your truck payment come out it would zero out at the end of the month. Categorizing the mileage reimbursement as "truck payment" as stated above, will add that money to the money you have already budgeted for the month. 350(Budgeted Money)-350(Truck Note)+360(Reimbursements)=360. If your deposits cover the truck note, your budget for that should be set to $0 every month. 0-350+360=10.
Posted by SeaPickle
Thibodaux
Member since May 2011
3131 posts
Posted on 11/6/15 at 12:33 pm to
my deposits vary - September i deposited $616, October i deposited $0 and November i will deposit $315 next week.
My truck payment is $171.03/Month

quote:

If your deposits cover the truck note, your budget for that should be set to $0 every month. 0-350+360=10.

i see what you are saying. This should let me see how much remaining cash i have for future truck payments
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