Split Costs
If you have multiple trip members you can split costs. For every expense you can select who paid for it (”paid by”) and for whom it was made (”paid for”).
Settle Debts
In the statistics section you can then see who owes how much and who is owed how much. To settle debts the persons who owe money need to pay this money to persons who are owed money.
Here is an example:
These debts can easily be settled like this:
- Jim pays € 25,00 to Ina
- Jim pays € 100,00 to Jonas
- Alex pays € 225,00 to Jonas
TravelSpend simplifies debts to make it easier to pay people back by minimizing the total number of payments. Learn more about debt simplification here.
To enter these transfer payments between trip members just tap “Settle Debts”. Then enter the payment like this: