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by alexkoay 2605 days ago
One thing I've found really helpful doing double-entry is that I can make sure nothing falls under the radar.

With single-entry (where you just key in expenses for the month), it's easy to forget that cup of coffee you paid for in a rush. It doesn't matter with double-entry since you can always just check if your wallet tallies up.

I usually just classify variances under miscellaneous expenses if it's not a large amount, but sometimes I've found myself somehow "missing" a few hundred bucks which I then would start tracking down.