Going further

Settling up

When money actually changes hands, you record a settlement. It clears the balance and leaves an audit trail everyone can trust.

Settling in a single, shared currency is the simplest case: you and your friend both think in dollars, so a payment is just “Diego pays you $63.” Multi-currency settlement builds on exactly this flow — covered in the next guide.

Record a payment

1
Open Settle up
From a friend’s page or the Settle action, choose who’s paying whom.
2
Confirm the amount
PaySlice pre-fills the outstanding balance. You can settle it in full or enter a partial amount.
3
Add context (optional)
Note the method — cash, bank transfer, whatever — for your own records.
4
Record payment
The balance drops to zero (or the remainder), and a settlement entry is written to the shared history.

🔑Partial payments are first-in, first-out

If you only pay part of what you owe, PaySlice applies it to your oldest shares first (FIFO), so the numbers stay predictable and match what both sides expect.

Settlements are permanent records

A settlement can’t be quietly deleted — it’s an immutable entry in a shared, point-in-time history. Both parties can open Settlement details and see exactly what was paid, when, and at what rate. That’s what makes “are we square?” a one-tap answer instead of an argument.

💡Snapshots, not live math

Settlement history is stored as a snapshot of the moment it happened. Even if expenses change later, past settlements still show what was true when you paid.

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Reading your balances

Multi-currency