Allows unlimited participants to join expense projects, with each participant able to add expenses, view balances, and track who paid for what. Supports both NextCloud users and external participants without accounts.
Calculates optimal payment plans to settle debts between participants with minimal transactions. The algorithm finds the most efficient way to clear all balances.
Create templates for regular expenses like rent, utilities, or subscriptions that automatically generate bills at specified intervals (weekly, monthly, etc.).
Supports expenses in different currencies within the same project, with automatic conversion based on customizable exchange rates.
Provides graphical representations of spending patterns, category distributions, and participant contributions through interactive charts and summary dashboards.
Deeply integrated with NextCloud's user management, file storage, and sharing systems, allowing seamless collaboration within existing NextCloud workflows.
Roommates use Cospend to track shared household expenses like rent, utilities, groceries, and internet bills. Each roommate adds expenses they pay for, and the tool automatically calculates who owes whom. The recurring bills feature handles regular monthly expenses, while the settlement suggestions minimize bank transfers between roommates. This eliminates arguments about money and ensures fair sharing without complex spreadsheets.
Friends or families organizing trips use Cospend to track travel expenses including accommodations, transportation, meals, and activities. With multi-currency support, they can record expenses in local currencies during international travel. The visual statistics help identify major cost categories, while the settlement feature ensures everyone pays their fair share at the trip's conclusion without manual calculations.
Small business teams, freelancer collectives, or community groups use Cospend to manage project budgets and expense reimbursement. Team members log project-related purchases, and managers can monitor spending against budgets. The categorization feature helps with accounting, and export functionality simplifies financial reporting and tax preparation for business expenses.
Extended families or couples use Cospend to manage shared financial responsibilities like mortgage payments, childcare costs, or family subscriptions. The tool provides transparency about who contributes what, especially useful when family members have different income levels or financial arrangements. Recurring bills ensure regular expenses are never forgotten.
Hobby clubs, sports teams, or community organizations use Cospend to track membership fees, event costs, and equipment purchases. Treasurers can manage collective funds with multiple participants contributing and spending. The tool provides audit trails for transparent financial management and simplifies annual financial reporting to members.
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