Expense Settlement
Use caseReconcile who overpaid. Who owes whom.
Expense Settlement is a use case — not a separate product — relevant to Group Wallet and Group Split users. After a group trip or shared expense, some people will have paid more than their fair share and others less. Settlement calculates obligations and suggests how to balance it out.
The problem it solves
After a trip or event, Ada paid ₦90,000, Tobi paid ₦30,000, and Chidi paid nothing — but they all agreed to split equally. Settlement shows who is owed what and suggests the transfers to balance it.
Who it's for
Groups that have already incurred shared expenses with unequal up-front payments and need to reconcile afterward. Works alongside Group Wallet and Group Split.
Worked example
₦120,000 trip. Three people. Unequal payments.
Ada pays ₦90,000 for accommodation. Tobi pays ₦30,000 for transport. Chidi pays nothing. They agree to share equally — ₦40,000 each. Settlement calculates the resulting obligations.
- Total spend₦120,000
- Fair share each₦40,000
- Ada paid₦90,000 → receives ₦50,000
- Tobi paid₦30,000 → owes ₦10,000
- Chidi paid₦0 → owes ₦40,000
Key distinction
These are obligations shown for review — not completed transfers. Seeing an obligation does not mean money has moved.
Expense Settlement · Trip
Actual payments made
Ada
Accommodation
₦90,000
Tobi
Transport
₦30,000
Chidi
Paid nothing
₦0
Agreed equal share: ₦120,000 ÷ 3 = ₦40,000 each
Illustrative example
How settlement works
Three steps to a clear result.
Record what was paid
Each person's actual spend is entered: Ada ₦90k, Tobi ₦30k, Chidi ₦0. The total group spend is calculated.
Agree on fair shares
The group agrees how to divide the cost — equally in this case, ₦40,000 each. Other arrangements are possible.
Review obligations
Settlement shows who overpaid (receives) and who underpaid (owes). Suggested transfers appear for review — not executed automatically.
How it compares
Settlement vs Group Split
· Reconciles past payments already made
· Calculates who overpaid / underpaid
· Suggests transfers to rebalance
· Use case for Group Wallet / Group Split users
· Obligations — not automatic transfers
· Allocates a future or current shared cost
· Works out who owes what before paying
· Each person pays their allocated share
· Produces requests per person
· Use before or at the time of expense
FAQs
Common questions
Reconcile your group expenses.
Open Flur Finance to use Expense Settlement after your next group trip or shared cost.