SharedExpenseTracker

This tool lets you manage shared expenses effectively.

There can be several situations when expenses need to be shared while at the time of making the expense it is paid by whoever can do that easily. A roommate, your live-in friend, your spouse or even participants in a group outing needs a complicated session trying to divide up these expense. It becomes absolutely complicated to come to numbers of “who owes what to whom”. This utility makes all that hassle go away. All you need to do is to enter the expense details from the receipt. Receipts must be retained of course. These receipts need to be marked as to who actually made the expense. With these details and who the expenses have to be shared between, this tool will calculate the details. The sharing need not be equal. You can assign a custom percentage to one or more of the sharing parties.

Share groceries, rent, and other living expenses, trip expenses when traveling with friends, event expenses for a community group or sports team, restaurant checks are all fit for this apportioning game. The only thing you need to be careful about is keeping the receipts. With this tool available you can completely avoid the hassles at the end of every shopping trip that need to happen otherwise. The interface is simple enough that mastering it does not pose any problems to anyone. Most users will be able to get going practically right away. All you have to do is enter the receipts and who paid for each. Based on equal sharing or custom apportionment, who owes what will be calculated out by this tool immediately. This is a very good tool.

Shared Expense Tracker is an accounting system that tracks shared expenses among couples, roommates and others who share a household. This colorful and easy to use application lets you enter receipts and share their responsibility among multiple individuals--splitting an expense equally, charging it to one person, or using a custom percentage. Shared Expense Tracker maintains a running total of "who owes who what," and lets you settle up at any time, print records, and continue the tally. Drop down selection boxes, automatic type-ahead, and other nice touches make it easy to enter receipts, no matter how you want to divvy them up among housemates. A Quick Start example and strong online help file help new users get going quickly. Shared Expense Tracker won ZDNet's highest 5 star rating, a pick award from CNET and 5 cows from TUCOWS. You can try Shared Expense Tracker free for 30 days, thereafter it's yours for $29.95 US.