Any new expenses or incomes can be added as they occur and the entire year updates automatically and immediately.
You update it every day, subtracting money from your expense “accounts” and paying for it from your primary chequing or business account. It’s accounting 101 and I’ll show you how easy it is, minus the double-entry bookkeeping.
I developed it to help me organize the numerous lines of credit I was running in college.
It works because becoming your own accountant shows you your spending patterns. You will naturally observe and adapt to the best utility spending as a result. It’s amazing!