Splitwise - Split expenses easily

Are you tired of being the unofficial treasurer of your friend group? Constantly tracking who owes who and trying to settle up can be a real headache. But fear not, because we have the solution to your money woes! Our app is like having a personal finance assistant in your pocket, making splitting bills and tracking expenses with friends a breeze. Say goodbye to awkward money conversations and hello to simplicity and peace of mind. Join the millions of happy users who have already discovered the joy of never having to worry about money between friends again.

Brief Description: Splitwise is designed to simplify the sharing of expenses among friends and family, eliminating the hassle of keeping track of who owes what. It is widely used worldwide for managing group bills related to households, trips, and various other scenarios. The ultimate goal is to alleviate the stress and discomfort that financial matters can bring to our most significant relationships.

Splitwise Usage Scenarios:

- Roommates dividing rent and apartment expenses

- Group travel arrangements

- Sharing costs for vacation homes during skiing or beach trips

- Facilitating financial tasks associated with weddings and bachelor/bachelorette parties

- Partners equally distributing relationship expenses

- Co-workers and friends frequently dining out together

- Handling loans and informal debts among friends

- Plus more applications

Operational Highlights of Splitwise:

- Form groups or private connections for any splitting scenario

- Add expenses, IOUs, or casual debts in any currency, even offline

- Online backup of expenses for easy access and addition by all involved parties

- Keep tabs on payment obligations and settle debts through cash transactions or seamless integrations

Recommendations:

- Praised by NY Times as a tool making bill-splitting from dinners to rent effortless

- Recognized by The Financial Times for its integral role in finance tracking, comparable to WhatsApp for defusing awkward money-exchange situations

- Endorsed by Business Insider for preventing roommate disputes over bills through its innovative expense-share functionality

- Acclaimed by Thrillist as the ultimate app for organizing group trips

Distinguished Features:

- Compatible with Android, iOS, and web platforms

- Streamlined debt repayment strategies

- Categorization of expenses

- Calculation of group-wide totals

- Capability to export data to CSV format

- Direct commenting on expenses

- Options for equal or unequal expense-sharing via percentages, shares, or specific amounts

- Inclusion of informal debts and IOUs

- Establishment of recurring bills on various frequencies

- Flexibility to assign multiple participants to one expense

- Comprehensive overview of balances per person across diverse groups and personal expenses

- Personalized user avatars and group cover photos

- Activity feed and notifications for real-time updates

- Detailed edit history for expense modifications

- Quick restoration of deleted groups or bills

- Exceptional customer service

- Integration with Venmo and PayPal (US only), Paytm (India only) for payments

- Support for 100+ currencies and expansion ongoing

- Available in 7+ languages

Basic steps to use the Splitwise app

Create a group via email or other contacts. Label the group name. This will allow all those people to view the group on Splitwise, add expenses of their own and track balances. Splitwise also lets you add “non-group expenses” for items that don’t deserve an entire group.

Add expenses to a group or non-group

Once you have created the group, hit the “Add bill” button in the specific group.

Fill up the details about the expense - total cost, who paid, and how much each person should owe. You can upload the image and update the dates.

As soon as you hit “Save”, Splitwise will update the information for every other member.

Settle up the balance

After the expenses are added, you can settle the balances with your friends. Tap the “Settle up” button to settle up the Splitwise balance.

Upgrade to Splitwise Pro for Advanced Features:

- Currency conversion via Open Exchange Rates integration

- Access to budgeting tools like "spending by category" and other analytics

- OCR feature for scanning and categorizing receipts

- Cloud storage for storing high-quality receipts (10GB)

- JSON backups downloadable from the official website

- Searchable expense history

- Save default splits