Advance payment between friends
There are instances when there is an advance payment involved ( including yourself ) between friends and then expenses deduct the money.
I am not able to add my own share ( advance payment ) in a group. Typically in this scenario its like X pays X ( which is not a valid scenario in other conditions )
I can definitely see how this would be useful! Hopefully we can consider adding support for a “kitty fund” or the like sometime in the future.
For now, I’ve seen a few people simulate this by adding an additional member to their group called “Kitty fund”, and using that extra member to keep track of shared funds. For example, if everyone pays $100 to the kitty fund at the beginning of the month, then you can choose the kitty fund as the payer for new expenses like groceries or rent. Splitwise should accurately update to show how much money the kitty fund has left (e.g. “The kitty fund owes $50” = the kitty fund has $50 left). It’s definitely a bit of a hack, but it might be worth trying if you and your friends always split bills this way.
Would love to see you allow group members to contribute as much as they like towards a certain group expense Vs. having to assign each person a certain amount.
Say, for example, that I have rented a place for our family reunion. Some people want to contribute others can't really afford to. I'd like those who want to contribute to be able to contribute any amount they would like (without anyone feeling like they have to).
ravinder dasila commented
Sometimes, we only know the contribution of individuals (which then has to be distributed) rather than whole expense. So, there should be provision to first add contribution amounts, which automatically add up to become total amount
This feature still not added and this will be great if added
www.shortreckonings.com Try this it works perfect for the advance fund collected (I have created Excel spreadsheet with formulas to verify the computing). you can select the same person who have received the advance and keep adding expenses as occurred, At the end it will consider the advance and compute the expenses.
Rohit G commented
For apartment with sharing, people might be collecting some amount of money from each person at start of month for expenses. if a corpus tab could be added wherein amount of each or some members of the group could be added and later when expenses are added bill wise, amount could be adjusted from corpus first and any extra amount could be later shown as due from whomever it would paid by.
Is this still planned ? ( I see the message was posted 3+ years back), is is there any update already ?
Niraj Shah commented
Would be a very useful feature for trips, household expense.....
Suyog Jadhav commented
Add the option of advance payment in the form of a kitty so that expenses can be deducted from the kitty