Looking to minimize the complexity involved in paying bills and IOUs? Sharing bills among your friends and others are hectic; there is an app for the rescue, Splitwise. The app lets you split and share expenses, and ensure everyone gets back the due amount, precisely. Whether looking for figuring out your total expense of group vacation or household, Splitwise lets you easily do all this.
Popularly described as ‘best roommates app ever’, the app does the mathematical calculation for you. The mobile app helps you pay bills each other back in a single big payment rather than doing it in small ones. Splitwise app prevents you from saving the receipt of expenses. All you need to do is to add the expenses as soon as they take place and then share it among groups or with individuals.
Available on iOS, Android, and web, you can use Splitwise without paying anything. However, the pricing plan for ‘Splitwise Pro’ varies by plan and country, offering you some additional features.
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The cloud-based mobile app saves users’ data as profiles and processes all the calculations at the account level. Here’s how the app works: