No More Account Fights During Holiday! Splitwise Calculates Who Owes Whom

Platform: Android, Apple / iPhone, Web
Application: Splitwise

You went on vacation with friends. One day someone paid for the hotel, the next day someone else paid for dinner. The next day fuel expenses came up, then grocery shopping was done.

When returning from vacation, the classic question arises:

“Who paid how much, how much do we owe to whom now?”

Splitwise is a joint expense tracking application developed to solve exactly this problem.

You can create a group through the application and add your friends, family members or roommates to this group. You can then record expenses so you can keep track of how much everyone paid and who owes whom.

For example, four people went on vacation and you want to share the total expenses.

• One person paid 8,000 TL for the hotel.

• Another person spent 2,000 TL on food.

• The third person paid 1,000 TL for fuel.

• The fourth party has not yet paid.

By entering these expenses into Splitwise, you can see how the expenses are distributed among group members. Actual debt balances are calculated based on which expenses will be shared between whom and the sharing ratios you specify.

The app can be used not only for holidays, but also for common household expenses or regular shopping.

Highlights:

• Creating groups for friends and family members.

• Recording expenses.

• Sharing expenses equally or in different proportions.

• Entering expenses in different currencies.

• Seeing people's debt balances to each other.

• Recording the debt as closed when payment is made.

• Tracking your spending history.

• Exporting expenses with supported features.

According to Splitwise's official statement, the application can be used on iPhone, Android and the web. In addition to free use, there are also paid features that include receipt scanning, advanced graphics and some additional tools.

A much more organized method than searching for accounts among messages, especially for large groups of friends, those living in shared homes and those traveling.

Just remember: Splitwise tracks expenses and debt balances; It does not transfer money directly in every country. Sending money options may vary by country and supported payment services.