Best Split Expenses App for Friends – Splitwise App

Going out to eat with friends is fun- until you come to the part where you split the bill with the your friends. It is difficult to do the math as some people only have the vegetarian dishes or drinks are itemized. It becomes even more difficult when a few of the friends pay the bill and ask the others to pay back later.

splitwise

The same is the case when you split the bill for anything else including house rent, water and gas bills between flat mates and clearing up IOUs after the monthly or weekly grocery shopping with roomies. However, the complexity and the struggle are things of the past now with the Splitwise App.

How does it work?

The Splitwise app makes life easier by splitting the bill easily between friends, colleagues or roomies. It works quite simply and has a user-friendly interface.

Splitwise For iPhone

All you need to do is sign in using your email id and the app will set up your personal account by syncing to the Internet. You can then add your expenses by entering them like the score of a game.

You can form groups with your friends who are using the app or you can connect with them using email. Once the group is created, each member can simply enter how much he or she paid and how much the other group members owe. If your group goes out to lunch or dinner frequently, you can pay each other at once or choose to clear off the debts as they add up. In case you are added to two groups with a few other people, you can choose to settle the amount together or separately as well.

The best feature of Splitwise App is that it only connects you with friends and acquaintances without publishing any of your personal data online. It doesn’t handle real money and simply does the calculation for you. At the end of the week or month, you can send or request an IOU via email and your friends can pay you back using PayPal or other digital wallets or even in cash.

The assurance of correct calculations and up to date track of transactions keeps the friendships free from any kind of friction. The app even sends a friendly notification automatically to those members of the group who are due to pay their shares, for instance, after returning from a trip or the day after the movie night.

New features for clearing off debts on time

The Splitwise app has recently introduced a few new features, which take it a notch higher than its rivals. Although it only lets you pay your bills, IOUs, and dues directly to the other party via PayPal, one can still calculate the total using the app and then pay via net banking or any other digital wallet such as Paytm. Plans are underway for integration with other payment systems too. Also know how to split the bill with splitwise app.

splitwise

With all these transactions taking place, the app also helps to track one’s single expenses without sharing the data with any of the friends unless you authorize it. However, once you shut down a log or reset it, for example, at the end of the month, the app doesn’t have a search option for you to look up previous threads.

However, the app does have a tab to show previously settled bills. Split the bill, utilities and shared expenses of the group is so much easier with the handy Splitwise app. Even if you don’t have your mobile on you, you can simply log in to the website and check out your account.

Who needs it the most?

Resident employees, young professionals, college and University students would totally find this app useful. For all it’s super cool features, it is absolutely free for installing and using on iPhone, Android and the web. Although the app is still undergoing many upgrades, it works best for long-term expense sharing as well as short term IOUs between friends and acquaintances. The Splitwise app boasts of amazing reviews by Business Insider, The New York Times, MSN Money, and many more websites and blogs. If you have ever faced the uncomfortable situation brought up when you split the bill, download the app now!

 

How to Split the Bill with Splitwise App?

How to Split the Bill with Splitwise App?

IOUs and bill splits can be quite a hassle among friends and colleagues. This is pretty common among roommates, flat mates or resident employees at any company. But before downloading any app or trying the traditional way, one must know how it works.

splitwise android reviews

The reviews are always helpful and over seventy thousand users have reviewed the Splitwise app. In fact, many sites and bloggers recommend it. The Life hacker, the New York Times, Business Insider and many other partners have reviewed and tested the app for their viewers or readers. In essence, this app is the fairness expert, which doesn’t let any friction drive a wedge between two users. Get splitiwise for android.

Splitwise makes life easier

We often find ourselves in an uncomfortable situation when it comes to splitting bills with roomies or asking them to pay up. While living with your girlfriend, the situation can also be quite stressful when you need to split the rent and dinner costs almost every week, month or even daily. The calculations also go wrong at times.

Splitwise For iPhone

The Splitwise app ensures that you keep your expenses right and up to date by making groups with friends who often eat out together or with flat mates who purchase groceries together. Another stressful affair is the due date for paying bills. The app ensures that you receive friendly reminders via email so that you don’t forget your due date and end up with fines or sudden power and water cuts. You can also opt for getting an automatic reminder from the app when you forget paying someone back.

How does Splitwise app works?

Splitwise keeps the math going over time and makes it easier for you to pay the sum in one go. Accumulating change is not always a great idea when you split the lunch or dinner bills. So, the Splitwise app helps you make a group online and enter the data just like the score of a game.

splitwise

The currency conversion allows you to maintain the thread in your own currency. However, you can’t look up older threads of ‘who owes whom’ which means that you cannot go back to check up on the earlier thread once all the debts are cleared. When you do need the cash, you can request an ‘IOU’ to your friends. Or when you do receive your paycheck, you can send an ‘IOU’ to your friends via the app so that you can pay them back on time. Group trips can also be quite fun and stress-free with this app. However, you need to convert the amount into one currency before entering the data. Download splitwise for your iPhone and split bills with your friends.

One can even manage the expenses of the month by keeping track of spending trends. Once you log in to the app or on the web, you can view all your payments, expenditures and transactions. Keeping track of receipts is a thing of the past with the Splitwise app. The iPhone app is called Plates and the Android app is called Splitwise. There are even third-party apps for downloading Splitwise on Windows phones.

However, this app doesn’t connect you to the bank or digital wallets. The app doesn’t handle any kind of real money, so it is secure. The only practical application of this app is to keep in touch with your colleagues and friends with whom you split bills often. It is quite a personal app, which doesn’t let you network with others while maintaining a casual contact. So you can simply enter the expenses or savings of the month and know how much you owe your friends without publishing your complete data online.

Before saying goodbye

splitwise

The app works quite simply. All you need to do is download the app from Google Play Store and App Store, then log in to the app. Internet connection is required to stay updated with the calculations. You can invite other friends to join or add them to a group. With every outing, you need to update how much each one of you paid and the app does the math for you. Once the sum grows to a larger amount, you can request or send an ‘IOU’ via the app and then pay up when you meet next. The app also sends reminders if you forget the day you are supposed to pay.

 

New Version of Splitwise for iPhone Version 4.5.12

Ever since its launch in 2011, Splitwise has been making waves among the younger generations. It is a handy app, which allows groups of friends to split bills easily and pay them easily on time without any hassles. The Splitwise for iPhone and Android apps have been downloaded by many users and have been rated 4.7 stars out of 5 stars.

The older version worked perfectly for keeping track of common apartment bills between roommates, expenses for group trips and even random IOUs. But there were some concerns related to adjusting change, viewing the remaining balance in navigation tab. The latest update of Splitwise for iPhone included features such as add bills and checking balance for friends and groups, which were popularly requested. In addition to this, the app also updated a few bug fixes and improvements on the basic views.

The older version of Splitwise for iOS:

Splitwise For iPhone

The older version had a few advantages and practical applications. Not only was it handy to save up by ordering combo lunches and dinner, it allowed everyone to pay their shares on time and track their own expenses in the currency they want. The web dashboard of Splitwise was more advanced and easier to navigate earlier.

The mobile or iPhone apps didn’t have the option to view various group totals broken down on the home screen. The option to export any group or friendship to spreadsheet was also available on the web version but was not easy to discover in the mobile apps. The settling up of payments was not as tidily presented on the mobile apps with the ‘recent activity’ tab.

In essence, the older version had many features, which weren’t easily accessible due to the design. Moreover, Splitwise recently integrated with PayPal and Venmo for settling of bills. This feature wasn’t available in the older version either. Basically, the older version was more of a calculator than a roommate app.

The new version of Splitwise for iPhone:

The latest version 4.5.12 of Splitwise for iPhone has a lot of big and small changes. From the Groups tab to the text-field style number entry to the improvements for ‘add bill’, the updated iOS Splitwise 4 ‘Lazy Salmon’ is a house full of treats for ease of access and use.

Adding bills

Splitwise For iPhone

The older version complained about the slow speed of adding the bills. The new version comes with the faster addition of bills and bug fixes. The app can even pre-populate the group by default if you navigate to the group or friend. In case you want to create a new group from the home screen, you can find recently and frequently called contacts to make the process faster for you.

Cost, descriptions, and other associated options can be seen on the screen for easily adding receipts or changing the split type. The users who frequently change the currency type will also find the text-field style of data entry and list of recent currencies useful. The quick add feature, notifications, and non-group warnings are also updated for ease of access for power users.

Navigation tab:

The Navigation Tab of Splitwise for iPhone includes ‘Friends’ tab, ‘Add Bill tab and the ‘Me’ tab, which directs you to your profile and settings, in addition to the new ‘Groups’ tab. This tab consists of an overview of all the groups you are added to including the non-group expenses, which make it easier to track your expenses and the groups, which are affecting your balance and see which groups can be, settled up quickly.

Other improvements:

Splitwise For iPhone

  1. Debts, which are settled are hidden in the background and can be accessed with a single tap.
  2. Settling up also has an advanced option, which allows users to create random payments between the members of a group.
  3. Self-explanatory buttons and large, modernly styled header add to the improved design.
  4. The ‘total’ summary for each group to see the sum of money spent with your friends for dinner, group trips or more.
  5. The friendships and groups can now be exported to spreadsheets for ease of access.
  6. Search option included for Splitwise Pro.

Splitwise has addressed many issues pointed out by the users and has upgraded the app to make splitting bills much easier and hassle-free.

Download Splitwise Android Latest Version 4.3.2 Now!

How often do we face calculation crises when we go out to lunch with friends, colleagues or roommates? In today’s day and age, where we can use apps for almost every other work, Splitwise makes our job of splitting bills much more manageable. Splitwise recently updated the bill splitting app to include new features for connecting with friends and family. Suppose you have recurring costs that you need to split with your roomie every week or so- the app helps you add up your share with other expenses. You can calculate in any currency and add as many people to edit as you want. This is also great for keeping track of your expenses when your friend circle is planning to host a party or going on a trip. Also learn splitting bills with splitwise app.

Explore the application of bill splitting app

Splitwise doesn’t handle any real money, unlike digital wallets. This also means that you can record any kind of payments on Splitwise irrespective of whether it includes cash, net banking or wallet transactions. People who live away from home or with roommates often use many modes to transact. So, this app is perfect for getting simple calculations done right. Being in debt can be uncomfortable when you’re not always sure about calculations going right. It can also spark discord in your relationship with your friends and colleagues. Splitwise is the best way to avoid that while sharing bills and keeping track of IOUs to make sure that everyone gets paid back properly in time.

It is super easy to use the Splitwise app to divide household bills with flatmates, to work out costs for a group holiday, or just to remember when a friend joins you for lunch. This app is extremely handy for people who spend on a myriad of services and products on a regular basis. The app is supported by Android as well as iOS. You can view your balances on the go, track your own spending trends, set up reminders for due bills using email, and much more on any device such as Android, iPhone, or PC. In case you don’t have access to the app at any time of the day, you can go online and check out your account on the web.

Pros & Cons of Splitwise App

Splitwise is a great tool for college graduates and young professionals. The app has been reviewed by many bloggers and newspapers. But it is not without its cons yet. Click here to check it out.

Advantages

1.    The app has introduced many new features with Splitwise Pro.
2.    It is flexible to calculate cost as there are always many variables which affect the cost-splitting.
3.    The app interface and use vary with device.
4.    The Splitwise app is extremely user-friendly with easy to use interface.

Drawbacks

1.    There is no scope for basic currency conversion.
2.    No option for searching or looking up the older entries made by the user.

The features of splitwise app

The older version had many issues such as a problem with adding friends to any group and handling or viewing expenses when offline. The Internet is needed to log in and maintain the expenditure. However, the issue with finding older strings still persists. This is expected to be sorted in the next update for the iOS and Android App according to the Splitwise Support.

There is also no way to add a bank account or even personal details. Many people consider this as a security measure but some people would not be satisfied with that if they need to handle incomes from different sources. For instance, if the person wants to keep track of income from two different jobs or businesses separately, there is no option for adding different fields. However, the itemized bills and simplified debts are a great help for those who struggle with it.

College students, interns and residents as well as young professionals would find this super useful and handy for keeping friendships frictionless by clearing off any debts. It is also usual for busy working people to forget their bill due dates but this app sends email reminders to you for avoiding fines. All in all- a great app for everyone with practical application for the common man.