Use this Google Sheets template to track and split expenses with friends, colleagues, whoever.
September, 2024 - I got lots of comments and suggestions on this template, and channeled all of that into a new suite of free templates. Check out the article and thanks for your continued support! - Zach
You, like me, were probably convinced to use Splitwise at some point. Seemed innocent enough - nice little app to help you split group expenses. Connects to your Venmo account. Etc etc… You were duped. I was duped. Splitwise is the devil.
USE THIS GOOGLE SHEETS TEMPLATE INSTEAD (Last updated: 3/31/2022)
Start by entering names of the people in your group in tab “Expenses”, row 7, starting in column G and moving to the right. With each new expense you enter, simply click the checkboxes beneath the individual’s name if he/she was part of that expense (including the person who paid for it). As you do, the “Settling Up” tab tallies who owes and who is owed…. And that’s it. A clear audit trail. No “consolidating debts” or whatever nonsense features other apps drop in. SIMPLE.
Hope it’s helpful. Leave comments below.
This is awesome, thank you!
The spreadsheet is very useful. However, how do I know who owes how much to a specific person when multiple paid different amounts throughout the trip? In our case, we had multiple people paying different amounts and curious how do I get the due per person?
Ty
how can I get the updated one?
Worked well, no help required from Zach - thanks.
Used it in GBP, and started by selecting "File, Settings" to set the default currency and date formats. That made it easy just to click on the columns and then select the £ symbol to change the formats rather than having to change each currency column using a series of menu clicks.
This is a great tool for groups that don’t all use the same app. I needed some additional help with the sheet, and Zach was super responsive and found a great solution!