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Just Started, New Budget Shows Already Huge Negative Spend For Year

I just started using Quicken and created by first budget. I've noticed that Quicken is reporting that I've already spent thousands and that I'm negative for the year even though I haven't yet started entering budget amounts. I suspect this has to do with the starting balance of my Line of Credit which I recently used for renovations.

How can I get Quicken to start the budget process from this point forward? I don't want the opening balances to impact the budget? Any ideas/suggestions?

Thanks
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