Making the most of Notebooks

A trip with friends, a flat share, a joint gift: as soon as several people pay for everyone, keeping track quickly gets confusing. <strong>Notebooks</strong> are made for exactly this. They record who paid and for whom, then automatically work out the balances and the simplest repayment plan. This article brings together the best practices to get the most out of them.

What a notebook is for

A notebook brings together the expenses of a shared project. For each expense, you indicate who paid and who it counts for. Noryo then takes care of the calculation, so no one has to reach for a calculator at the end of the stay.

Getting a notebook off to a good start

• Give it a clear name (Weekend in Lyon, Lilas Street flat share, Lea's gift)
• Add the participants from the start so nothing is forgotten later
• Record each expense as you go rather than at the end, it is more reliable
• Always specify who paid and for whom

Reading the balances and repaying

Once the expenses are entered, the notebook shows everyone's balance. Rather than piling up small criss-crossing transfers, Noryo offers a <strong>minimal repayment plan</strong>: the smallest number of transfers to settle the accounts. Everyone knows exactly how much to send and to whom.

Closing and keeping a record

When everything is settled, you close the notebook. You can export the summary to keep a record of it, share it with the participants or simply archive the project once it is finished.

Create and settle a notebook, step by stepThe complete guide, from creation to closing.