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Biggest CC discrepancy ever

July 19th, 2017 at 03:27 pm

So I was suspecting that my tracking of CC spending would be off this month. It usually is on months where there's a lot of spending -- and if it's a couple bucks I just figure my finger slipped on the calculator at some point during the month, and I just add or subtract the amount of the discrepancy to/from the shared spending budget.

And with this being the CC statement that would house the spending during AS's stay with her mom, I knew there was more room than usual for error.

I didn't expect a $185 discrepancy!

I downloaded the transactions to Excel and compared against my manual tracking of CC spending and found a full NINE transactions unaccounted for in my budget tracking. I added them up and they didn't match the discrepancy--off by about $18--so I probably made a calculator error or two on top of missing all those purchases. Jeez!

Three of them were personal expenditures by me and NT while AS was out of town, and the rest could be chalked up to shared spending (hardware, drugstore, more spending by AS while in Va.). This takes our shared spending deficit over a thousand. Dang!

We won't likely see another time period like that soon, where there was stress and disruption of routine on top of tons of spending. So I hope that's the biggest discrepancy I ever have to come to terms with.

But just in case, I should probably come up with a more idiot-proof way of tracking CC spending during the month. Hmm, maybe there's something I can do with a separate spreadsheet tab ...

Posted in Uncategorized | 6 Comments »

6 Responses to “Biggest CC discrepancy ever”

  1. Out of the Dark Says:
    July 19th, 2017 at 06:28 pm 1500488935
    1500488935

    To error is human.....to forgive (yourself)...devine...lololol....I am sure your regular diligence and focus offsets this by a mile.....

  2. VS_ozgirl Says:
    July 19th, 2017 at 09:37 pm 1500500220
    1500500220

    You were all going through a stressful time so your normal attention to tracking was out the window, I wouldn't be too hard on yourself.

  3. ceejay74 Says:
    July 19th, 2017 at 09:41 pm 1500500496
    1500500496

    Thanks OOTD & VS; you guys are very kind!

    I suppose in the grand scheme of things it's not a lot of money, considering the amount of overspending my admittedly-flawed budget tracking system has likely saved us from doing over the years.

  4. snafu Says:
    July 19th, 2017 at 10:06 pm 1500502015
    1500502015

    When you reconcile your receipts with the online or hard copy statements, is there likelihood of fraud? Which vendor receipts are missing? Is there a possibility of a receipt left behind in a pocket or bottom of the bag? Like others say, small discrepancies need an 'oops' acknowledgement only.

  5. ceejay74 Says:
    July 20th, 2017 at 05:14 pm 1500570854
    1500570854

    snafu, we don't do receipts anymore; I typically keep such a close eye on credit card activity online that I have things entered before receipts are handed to me! I don't think any of it was fraudulent; several of them sounded familiar and the rest made sense (AS made multiple trips to CVS and to a local Va. restaurant so I likely just missed a few because there were so many).

  6. rob62521 Says:
    July 21st, 2017 at 09:07 pm 1500671279
    1500671279

    An easy mistake to make especially when things are out of your routine. At least you caught it and you didn't go bankrupt so I'd say it is all good.

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