In multi-person splitting scenarios, debt relationships are often complex, with each person potentially owing multiple members. BlingBook's Debt Simplification feature automatically organizes these debts, calculating the settlement plan with the minimum number of transfers. This makes the entire process more efficient and transparent, while also reducing bank fees from multiple transfers.

BlingBook's debt simplification feature is suitable for travel, dining, club activities, or any multi-person splitting scenario. Even with complex debt relationships, it keeps things clear and efficient.

How it works

BlingBook analyzes all records and generates transfer suggestions. Here is an example:

Suppose the debt relationships between three people A, B, and C are as follows:

• A owes B 100
• B owes C 100

BlingBook will automatically simplify the debt to:

• A directly owes C 100

This way, B does not need to make any transfers, and A pays C directly to settle everything, making the process simple and efficient.

For more instructions or FAQs, please refer to FAQ.

Previous pageAutomatic Receipt Parsing

Next pageCommands