Keep your plan up to date

Balansly is most useful when current balances and future commitments reflect reality. That does not mean recording every purchase.

A practical review

Once a week, or after a meaningful financial change:

1. Compare account balances in Balansly with their actual values.
2. Update any balance that has changed.
3. Check plan variance on Overview.
4. Review upcoming income and expenses.
5. Open Budget and check the months with the lowest forecast.
6. Add new commitments, reschedule changed payments, and pause cancelled ones.

This weekly review is a recommendation, not an app requirement. Choose a frequency that keeps the data accurate enough for your decisions.

When to update a balance outside the routine

Update a balance straight away when:

• a large unplanned purchase occurs;
• income differs significantly from the plan;
• you transfer money between your own accounts;
• you notice a meaningful difference between Balansly and your bank;
• you want to test a large new expense using current data.

When to change the plan

Edit a transaction when a future event changes—for example, the rent amount, a trip date, salary, or a subscription price. Everyday spending is usually easier to reflect by updating the relevant account balance.

If variance remains after updating the accounts, follow Actual balance versus plan.