Splitting payments to people and creating debts or transfers through them.
A major use case for this is to split payments with friends, roommates or subscription sharers. Let us take a specific use case where I pay for Netflix for 4 people say 1000 bucks and I make a debt in their name for 250 bucks each and collect in once or twice a year.
Currently I have to make 4 records
1 of the total 1000 payment
3 of 250 each for the 3 people and have to also link them to debts
Instead we can have something like share or split with people. I have 2 ideas for executing this.
1. We can just have a field of "Paid for" where we can @people and the app can just split it equally between these people and self. It can go ahead and add these split amounts to debts for the mentioned people. This does not provide customisation in the amount being split.
2. We can have an additional split payment interface where we can add people and their respective amounts which will again like the idea above will create debts for these people automatically. This can also provide a record where we completely pay for others but have no expense of our own in the transaction.
The people who are getting tagged need not be notified or be present on the app and it can be just for own tracking like the current debt function. I have attached some images of what it could look like.
For people who pay for others frequently this will be improve the efficiency exponentially. Also, this can later on be added to planned payments as well to take care of periodic subscriptions.
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Tomás Fernandes commented
This could ne solved with a feature that could cross the records between themselves.
In your example, you spend 1000 and then you receive 3 times 250, on the 1000 record you add 3 reimbursments of the 250 records. ( in case you are connected to your bank, so you don't need to add the records manually )
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Michał Kitliński commented
This is something I am looking for +3 votes.
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Abel Thomas commented
I support this +3 votes i was also thinking the same ....an option to split between friends which automatically creates a debt for each friend.....an each time a split is made the debt for each person is added to the debt ......ie like a debt tab for each person