LetsPayTheBill.com : share spending simply
On this page you will find two examples of using the spending-sharing calculator.
Simple example of cost sharing
This example is simple as there is only one person to repay.Suppose a group of 4 friends (including 1 couple) who spent a weekend in the countryside.
Robert paid 200 for accommodation.
He is single, so there is one part.
Thomas, Maria paid 100 for meals.
They are a couple, so there are two parts.
Jennifer did not spend money.
She is single, so there is one part.
Results :
The total expense is 300.
There are a total of 4 parts.
The amount of a part is 75 (300/4).
The couple Thomas and Maria must repay 50 to Robert.
Jennifer must repay 75 to Robert.
Complex example of cost sharing
This example is more complex because there are two people to repay.Suppose a group of 5 friends (including 1 couple) spent a weekend in the countryside.
Robert paid 200 for accommodation.
He is single, so there is one part.
Thomas, Maria paid 100 for meals.
They are a couple, so there are two parts.
Jennifer did not spend money.
She is single, so there is one part.
James paid 150 for activities.
He is single, so there is one part.
Results :
The total expense is 450.
There are a total of 5 parts.
The amount of a part is 90 (450/5).
The couple Thomas and Maria must repay 80 to Robert.
Jennifer must repay 30 to Robert.
Jennifer must repay 60 to James.
NB: If there are several people to pay, the calculator offers one solution to properly distribute the repayments between participants who overpaid. Sometimes there are several possible distribution solutions, then you are free to choose another distribution solution.
Why use this site ?
Still wondering why use this site rather than Excel or a dedicated application?
So here are the arguments to convince you :
- It's simple to use, enter the spending can be very fast, and the calculation of the distribution is immediate.
- With the "Get a link" you can easily send the calculation results by email or text message, which will be available anywhere on the Internet. It is the ideal to justify the allocation of costs among the various participants.
- www.letspaythebill.com is a free site.
- Full web : there is no application to install.
- Privacy: We do not store any information from your entry.
When use the cost-sharing calculator
Here are some situations where this site might be useful for you...
You spend a weekend with several friends. Some have spent money, others do not. At the end of the weekend
you want a fair shair. Just noting who paid what and www.letspaythebill.com
do the math for you.
Three families spend a week's vacation in a rental. One family has one child, the other has 3 children, and
the third has no children. To equitably split the costs, children are counted as half part.
Simply enter the families parts : 2.5 parts, 3.5 parts and 2 parts. The computer does the rest.
A group of colleagues invite one of their at restaurant. Those who wish to invite divide equally
the amount of the invoice. Simply enter the amount of the note and the number of people paying :
within 2 seconds the calculator gives you the amount of one part, ie the amount that each should pay.
In all cases, consider using the "Get a link" to keep the result of the distribution calculation.