I work in accounting and I think that double sided entry is overkill for my own private finances. The offset account is always going to be the bank one way or another.

I don't look at it often, but when I do it annually, I basically just dump the bank data from the previous year into a spreadsheet. Then sort it into categories using a filter. That's enough to give me a decent overview of my costs and adjust my budget accordingly. When doing that, it's easy to spot which categories have changed.

I keep my utilities and mortgage on payments on separate accounts so it's not like I can ever accidentally spend that money on groceries etc.

The only thing I look out for is the grocery card. If I've increased spending it's probably fast food, so I try to cut back on that. Occasionally I review insurances and phone services, stuff like that. I don't think I'd benefit much from using a lot of time registering each and every receipt.