Settlements

Settlements are how you close the loop on shared expenses. Once you've tracked who paid for what, SplitEase calculates who owes whom — and makes settling up as simple as possible.

How Balances Are Calculated

Every expense in a group affects balances. When someone pays for an expense, their balance goes up. When someone is included in a split, their balance goes down by their share.

SplitEase continuously recalculates balances across all expenses in the group, giving you an up-to-date picture of where everyone stands.

Viewing Balances

The group's balance summary shows each pair of members and how much one owes the other. If a group uses multiple currencies, balances are tracked separately per currency — SplitEase does not convert between currencies.

You can quickly see:

• Your personal balance (how much you owe or are owed overall)
• Pairwise balances (who owes whom and how much)

Settlement Optimization

In a group of several people, the raw debts can get complicated — person A owes B, B owes C, C owes A, and so on. SplitEase simplifies this by minimizing the number of transactions needed to settle all debts.

For example, if Alex owes Jordan $10 and Jordan owes Sam $10, SplitEase will suggest that Alex pays Sam $10 directly — one payment instead of two.

Recording a Payment

When money changes hands outside of SplitEase (via cash, Venmo, bank transfer, etc.), record it as a settlement:

1. Select who paid whom.
2. Enter the amount and currency.
3. Confirm the settlement.

This adjusts both parties' balances accordingly. Settlements are visible in the group's activity, so everyone can see that the payment was made.