Step by step, from start to settled.

1. 1Sign in and create a new group. Give it a name and choose a group theme.
2. 2Under Members, choose Invite and enter the person’s email address.
3. 3Use the invitation function according to the options offered by the app. They sign in with that email address to accept.
4. 4Give members the right role: treasurer, member or guest.

How it worksFrequently asked questions

1. 1Open My overview and choose Expense claim.
2. 2Enter a description, amount and date, and choose a category.
3. 3Add a note if needed.
4. 4Save the claim. This records the amount owed; it does not repay it.

My overview

1. 1Open the group page and filter on Review.
2. 2Open the claim and check amount, description and note.
3. 3Accept it: the group now owes the claimant the amount, shown as Reserved.
4. 4Or reject it with a reason: the claim stays visible, struck through, and creates no debt.

Contributions & obligations

1. 1Open the transaction and choose to split it.
2. 2Select the people involved, and the group if part is for the group.
3. 3Choose equal shares, amounts or percentages and check the exact outcome.
4. 4Confirm. Each person’s share appears in their own overview.

Split shared costs

1. 1Open the open item and choose to record a payment.
2. 2Enter the amount (part of the open amount is fine) and how it was paid.
3. 3Choose whose pot the money came from or went to.
4. 4If receipt confirmation is on, the recipient confirms whether the money arrived.

Settle up with each otherGroup pots

1. 1Open Group pots and choose Transfer.
2. 2Choose who hands over the money and who receives it.
3. 3Enter the amount and save. The group balance stays the same; only the holder changes.

Group pots

1. 1Open Splitpots and choose Create Splitpot. Give it a name and description.
2. 2Add transactions: who paid and how it is split.
3. 3When you’re ready, choose Settle up, check the preview and choose Finalize settlement.
4. 4Record the payments between people as they happen. Archive the Splitpot when it’s done.

Splitpots

1. 1Open the person’s overview.
2. 2Choose Offset credit and debt, then select one credit and one debt.
3. 3Enter an amount up to the lower open amount and add a note.
4. 4Save. Both items go down; no money moves.

Offsetting

1. 1Filter the transactions you want to see in your calendar.
2. 2Choose Create calendar feed from this selection.
3. 3Copy the subscription link and add it as a calendar subscription in your calendar app.
4. 4To stop, revoke the feed in Penny Monet and remove the subscription from your calendar.

Calendar sync