Never Have to Figure Out Who Owes Who Again - Just OpnTab it
By Jessica Han on September 4, 2012
Organizing shared expenses can often be a pain. For college students dipping their toes in living with roommates, figuring out who-owes-who from splitting groceries, rent, gas, utlilities, internet, and other bills takes up a considerable amount of time and effort.
Recently I stumbled upon an amazing and useful website (www.opntab.com). In a few easy steps you can divide expenses between friends, and pay each other back using PayPal! That’s right, PayPal, so no more having to write checks to your friends or pull out cash. Better yet, it’s completely FREE.
OpnTab organizes all of your shared expenses. I find it extremely useful for roommate expenses (utilities/rent) and Vegas (and other) trips. Here’s how it works:
- Organize a Group – with OpnTab you can organize multiple groups. For example (Roommates, Birthday Vegas Trip, New Years Trip, etc…). Having multiple groups helps keep things organized and you can always easily go back to each group to see expenses that are correlated with each.
- Enter Expenses – Easily enter an expense by putting in the total amount, it will then split the bill, you can omit people in that group that do not need to pay, and change the dollar amount for each person if the bill is not split equally. You can even upload a picture of the receipt, bill, etc! It’s good for hotel rooms, gas for a trip, shared food/drinks, anything!
- Review Alerts – All expenses and other alerts must be reviewed, should you find a discrepancy, you can always dispute it and have it adjusted. This keeps all members informed, up to date, and in agreement of all expenses and payments.
- Pay People Back – easily pay people back using PayPal! You can also log a cash/check payment.
There is also a free iPhone app that has Facebook and Paypal integration which allows you to manage groups and pay people back in seconds! Get it for your iPhone here.
I encourage you to sign up and start making your life so much easier and simplified!