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Category: Expenses and reimbursements
Tricount offers reimbursement solutions that settle balances as easily as possible.
It’s not unusual for Tricount to ask you to pay back someone who has never paid anything for you. To understand why, let’s review how Tricount works.
Tricount handles reimbursements in two steps:
The solution Tricount offers is optimal in the sense that it limits the number of transactions to the bare minimum.
The example here below illustrates Tricount’s principle.
Example:
Imagine a tricount with three people: A, B and C.
We see that A has not paid C for anything.
As explained here above, Tricount will first calculate each person’s balance:
Tricount will then figure out how to split the balances.
Since B is already sorted, C just needs to pay $10 to A, which is what Tricount suggests even though A has not paid C for anything.
If the app suggests a reimbursement that seems illogical (because you don’t know yet how it works), remember that Tricount allows you to settle your accounts within a group rather than a specific person.
Send an email to
support@tricount.com