Assets (Including Savings Goals) Doubled Overnight (01/22/2026)

TiggerTrainer · January 22

This morning I woke up to my spending plan being abnormally over by thousands of dollars. Life is rough, but luckily it currently isn't that rough.

In reviewing what happened I first noticed that my Savings Goals doubled overnight. I did not contribute anything, it is a phantom transaction with funds that are not there. Please see the screenshots. Then while I was getting ready to post this, I noticed a post about vehicles doubling in value overnight last night and I checked that too. What I found is that last night, overnight, my real estate, vehicles, and savings goals all doubled in value with "phantom" transactions The savings goals are more difficult because we are unable to see a list of transactions. For the vehicles and home I can see a transaction added.

In the case of the savings goals, I cannot fix them because some of the money was added from a "phantom" non existing account.

How do we fix this and what caused this? Was there an update with a bug?

bling · January 22

happened to me too.

my home had a new "opening balance" transaction added which doubled the value (i refresh the value with zillow every once in a while).
my mortgage, which is manually tracked, also had an extra opening balance transaction added with the current negative value.

i deleted both of these extra transactions. the networth graphs did not update after deletion. for my home, if i set to "bank balance" it will show the correct value. but for my mortgage, it doesn't matter if it's bank balance or balance with pending….it's 2 times too big.

SRC54 · January 22

I think you can just doublecheck to make sure that your transactions add up to the correct amount and use a balance adjustment in the meantime to bring your accounts into balance. Once your manual accounts recalculate, probably later today, you can remove the balance adjustment.

I wouldn't use Balance Adjustment except for that. If you have any others, I would change them to Opening Balance, Transfer, etc. In my Zillow and Blue Book accounts, I change the category of balance adjustment that gets added to something else. The balance won't need to be adjusted if your transactions total.

Now the Savings Goals is another animal altogether and I have no suggestions for that.

TiggerTrainer · January 22

https://community.simplifimoney.com/discussion/comment/64208#Comment_64208

I understand. For the manual accounts, I have no problem just fixing those, but the Savings Goals….ouch. Without a transaction register there really isn't even a way for us to be able to try to fix it.

TiggerTrainer · January 22

It appears that this was some sort of bug that went out to all Simplifi users who had manual accounts. Interestingly enough, my savings goals are not part of a manual account, but rather a connected bank account. It may be possible that Simplifi considers the Savings Goal to be a manual account.

I will be monitoring this today.

Dakota · January 22

I can confirm that this is is also true for me. All asset classes have tripled. On January 20th a new (duplicate) "Opening Balance" transaction was added to all asset classes that I have, and the posted / calculated value is showing to be 3X the initial opening balance.

Here is a screen shot of the manual account I was using to track the current value of my car. It was paid off at the time I started using Quicken Simplifi, so I got the private resell value manually from Kelly Blue Book at the time I created the account in the web app. I had not updated it with any balance adjustments to track incremental changes - so it is a great example of the bug.

Crawsack · January 22

I had the exact same issue. All my asset accounts tripled in value, and had a "balance adjustment" transaction from 1/21/26. Even when I deleted those, the value being shown is double what it should be, even though when adding up the remaining visible transactions it should be the correct value.

MishaM · January 22

Ditto! All my manual accounts got doubled with erroneous opening balance transactions.

Dakota · January 22

Also noteworthy, I have tried to manually "fix" the Asset class by deleting the new "Opening Balance" (on another asset account), but the calculated value remains the same (i.e. 3x the initial opening balance) regardless of whether I delete the duplicate Opening Balance or whether I add "Balance Adjustment" transactions to offset the account.

I can't speak to Savings Goals because I haven't started using that feature

Oogway · January 22

I also have this issue. I ended up deleting all my manual accounts and re-adding them under the Other Banking category, which seems to work correctly for the time being.

BDunavant · January 22

Same here. The value of my home went up about $1.6M last night. I mean, I know the housing market is pretty crazy lately, but I have doubts. Like others, I have a magical new "Opening Balance" transaction that appeared out of nowhere.

Someone on the dev team is probably having a bad day right now.

SRC54 · January 22

https://community.simplifimoney.com/discussion/comment/64224#Comment_64224

Thanks for letting us know. So even a balance adjustment didn't fix it. Did you try changing the asset account to Other Banking Account to see if that forces a recalculation. Just something another user said worked for him. You can change it back later.

vershova22 · January 22

@TiggerTrainer I've noticed that you’ve linked your post into every thread about this opening balance issue, which makes thread shown as “answered”. This thread doesn’t seem to provide resolution, or feedback from one of the “coaches” (as any other posts). Is there reason you’ve linked it on every thread?

MishaM · January 22

https://community.simplifimoney.com/discussion/comment/64229#Comment_64229

@SRC54 - changing the account type did not seem to force a re-calculation. I hesitate to fully delete the manual accounts because there is so much history.

TS5150 · January 22

Ditto, experienced the same thing, all assets totals tripled. I also noticed new opening balance transactions for each account on todays date. I manually deleted these new transactions and the asset balances are now showing double, but when looking at each asset there is only 1 transaction for the actual amount but the Accounts summary list shows a double value.

tm5681142 · January 22

I'm having the same issue. ALL of my manual accounts have an "Opening Balance" entry, that I did not create, with a random dollar amount that posted on 1/21/26. Deleting the transaction does not affect the balance, so all of my account balances are wrong.

This doesn't leave a whole lot of faith when your financial management program adds entries on its own, and then can't add or subtract them properly. REALLY???

RobWilk · January 22

My 5-year old used car went from $11,140 to $33,420 - or about 3 times what it was.

-Rob

L McGregor · January 22

Assets and liabilities all had adjusting opening balance transactions posted 1/21.

Marsha · January 22

Same here. 2-3 days ago I had a manual cash account that suddenly showed a -$350 balance. It should have shown +$150. I was unable to change the account total by adding another transaction to have correct balance read +$150.

Then this am, my spending plan was all crazy and all seemed to center around savings goals. Some doubled or tripled. It's hard to figure out since they dont let you see actually see a history of contributions/withdrawals from savings goals.

rjg5060 · January 22

@Coach Jon @Coach Natalie

Ditto for me: My manual Real Estate account tripled last night with a new autogenerated transaction with the original amount. Even after deleting this transaction the account balance is still double the correct balance.

Please research and fix. Thank you.

TiggerTrainer · January 22

https://community.simplifimoney.com/discussion/comment/64230#Comment_64230

Linking it as answered was not my intention. I was simply trying to connect similar posts noting that it is all part of the same underlying issue.

rholland · January 22

I had the same thing happen. Not sure how to fix it since the money comes from an unknown account. Hope this gets resolved soon!

Coach Janean · January 22

Hi All, I am sorry that you are experiencing issues with your opening balances being duplicated. We have reported this issue and our teams are working on a fix. Please bookmark this alert for updates.

https://community.simplifimoney.com/discussion/15487/new-1-22-26-duplicated-balance-in-manual-accounts-for-quicken-simplifi

Thank you for your patience as we work on resolving this.

TiggerTrainer · January 22

https://community.simplifimoney.com/discussion/comment/64230#Comment_64230

There currently is NO FIX for this. Having other threads be marked as "answered" and considering that there was a solution was not intended. I was simply trying to tie together all of the similar posts.

Simplifi will be working on a fix for this.

henryammons · January 22

This happened to me as well. I tried to clean it up and now, once they apply the fix, I fear my accounts will need more manual intervention to put it all back. Switched from Quicken Classic and am starting to regret my decision.

TiggerTrainer · January 22

https://community.simplifimoney.com/discussion/comment/64252#Comment_64252

This is the first big issue that I have had in a very long time. There are minor things and desired improvements…..(looking at you recurring split transactions). That said, I am very happy with Simplifi and look forward with hope, excited for great things to come. They will find a fix and get this resolved.

abud · January 22

Same problem here. Commenting to track the discussion and timing for resolution.

Randy17485 · January 22

I’m having this same issue. The workaround listed in the thread linked above under known issues is mostly useless because I am interested in fixing my savings goals, and it doesn’t work for that.

brancott · January 22

The amounts in my manual accounts had tripled before the temporary fix. When deleting the opening balance entries, the amounts were reduced but still doubled. Saving goal issue not corrected with workaround.

PhillipB · January 22

I don't have manual accounts, this [removed] "solution" doesn't apply. My savings goals doubled because the app created an "unknown account," that I can't access, and then make a withdrawal from that account equal to the total amount in all my savings goals. Now my spending plan is negative and I can't remove the transaction because it exists in an account that doesn't exist.

These kinds of errors are unacceptable and destroy any trust or faith in the future development of the app.

Edit: I deleted all my goals and now my "left this month" is closer, but still off by thousands -- presumably it doubled but of course there's no way to know for sure. What an absolutely astounding display of incompetence.

My entire budget is untrustworthy.

[removed]

https://community.simplifimoney.com/discussion/comment/64250#Comment_64250

bling · January 22

i deleted the errorenous transactions early in the morning around 8, which is apparently the "workaround". it's 4:30pm now, and the balances are still wrong and the graphs are still messed up. i really hope the graphs will get fixed as well so that we all don't have a permanent spike in the history.

Assets (Including Savings Goals) Doubled Overnight (01/22/2026)

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