Sometimes I EARN money, and I owe that money to my 3 roommates.
A bill is when they OWE ME money. A Reverse bill is when I OWE THEM money.
You can solve this by letting us do a negative amount for a bill. Thanks!
Our website now has additional handling for reverse bills/refunds – when entering a bill, you now have the option to choose “reimbursement” as a split type, which will allow you to distribute money equally between a number of people. (If you try to enter a negative cost in the “Add bill” form, it will now automatically change to the new “reimbursement” split method.)
We’d love to add this kind of bill to our mobile apps as well, but it’s not on the roadmap yet. Apologies for the inconvenience!
Hope that helps! Let us know if you encounter any bugs, or if you have any other suggestions.
Sara Del Pino commented
When the group paid an expense (car rental, for example) and after some days, the company pay the group back some money, because the price changed, but the group already had distribuited the expense. so it's importante to be able to register not only expenses, but also incomes
RAVI ROSHAN commented
This is useful when we get some cash reward and wanted to share that among group members.
This functionality needs to be added to the app! I receive income regularly for the groups I'm in, and would like to account for that!
Aviram Hassan commented
common use case souls be roomates apartments selling their stuff and wanting to split their profit
Linesh Mehta commented
This is an awesome feature! Splitwise Team - you guys have done a commendable job and we love you guys! keep up the great work!
marie goddard commented
Lately I've had rebates for various expenses. For example, my partner paid for 3 months of car insurance (split half) then I recieved the rebate monies because we cancelled the insurance after only 1 month. It would be nice to reconcile this without having to go back and adjust the original payment. Often rebates are many months behind. Applicable to health insurance claims or other claims.
If in the house we rent a room we have to split profits, what about add an income column?
It will be great to have possibility to record reimbursements not from website only but from mobile app as well. Thanks!
An example probably explains this idea better.
Say I have a group with 5 friends, and we are starting a home breweing business...so we have to invest on equipment, malt, etc.. and put our expenses on splitwise to settle the balance at the end of the month...
Now, we sold 20Liters of beer, and we want to re invest this money so as to lower the overall balance for next month. Well, be able to add this money as credit equally (or not) shared would be a great feature!
Davis Gossage commented
My roommates and I are selling our stuff and thought having negative bills is an interesting use case that I don't think would be difficult to implement.
Ex: I sell our couch for $400 and want to split that profit equally with my 3 roommates.
Mailu Mwau commented
For example if you make money between friends it would be nice to use this to track shared revenue the same way.
"Our website now has additional handling for reverse bills/refunds – when entering a bill, you now have the option to choose “reimbursement” as a split type, which will allow you to distribute money equally between a number of people"
This is all good except the split in few of our transactions is not equal between the parties. So, it's a problem. Can you let the amount be edited in the reimbursement screen. It would be a simple but a very useful solution.
I tried to do a reverse payment to reimburse people and it keeps adding it as a positive expense as if the group equally paid that amount each. Any ideas on how to fix this?
Théo Zimmermann commented
This is the contrary of paying a bill for several people. You receive a subsidize that you agreed to share with your friend/room-mate... Currently it requires hard thinking to know how to do so.
What do we do then if we want to split the reimbursement unequally? Could you add the percentage option for refunds?
Sajal K Basu commented
A problem with this method is the money distributed gets added in the person's share as well as the group cost.
I booked a bus ticket for 100 for 2 people (excluding me) for a Trip A
I cancel it 10 days down the line and get back 80. I add it as negative/reimbursement and split it between the two people again.
Actually the total group spending should be 20, but it will be 180
I had a recent trip where there were few major cancellation and refunds involved. Getting the total group spends was a real headace.
Please find a good solution of this ..
It would be nice to have a way to add common income. some times a househood has common income like a Airbnb, that would balance the debts between the people in that group.
This feature doesn't work I think. Try it and it always saves as an expense instead of a reimbursement.
Chris Ma commented
For example apartment:
We are selling our table, or say we do a group thing which entails an external party (not on split wise) giving us an amount for the group. However, only one person receives the payment. So add a function that allows external payments to be added into settlements and whatnot? Ie: I recieved $15 for the table from external party, now I owe $5 to member 2 and $5 to member 3, but this payment is not "from" me, it's from an external party. So basically I feel the only way to settle is to input that 1 paid 2, but what if that amount is already suppose to be member 2's because it was a group sale or group income?
My wife and me have an appartment for rent and we would like to enter this charge to splitwise.