Managing balances and repayments

When several people front money for one another, the calculation can quickly become a headache. Notebooks take care of it for you: they track every expense, work out a <strong>balance</strong> per person, then suggest the <strong>shortest repayment plan</strong>. This article explains how to read these figures and how to settle a notebook without a hitch.

How the balance is calculated

For each expense, Noryo looks at who paid and who it counts for, then splits the amount between the beneficiaries. Adding everything up gives each person's balance: a positive balance means the person fronted more than their share, a negative balance that they still owe something.

The minimal repayment plan

Rather than asking everyone to repay everyone else, Noryo looks for the shortest combination of transfers to bring everyone back to zero. The result: fewer transfers, clear amounts, and no one gets lost.

Recording a repayment

Once a transfer has been made, remember to record it in the notebook. The balances update to reflect reality, until everyone is settled up.

1. Make the transfer shown by the repayment plan
2. Record it in the notebook to update the balances
3. Repeat until all balances reach zero
4. Close the notebook when it is fully settled

Exporting the summary

At any time, you can export the summary of a notebook to share it with the participants or keep a record of it. Handy for cleanly wrapping up a trip or a flat-share period.

Making the most of NotebooksAll the best practices for stress-free shared expenses.