Member responsibility
See the share allocated to each participating member under the household’s selected split method.
Settlements and reimbursements
Explain the balance before recording the repayment
The person responsible for a shared cost is not always the person who paid it. Billum keeps allocations, personal funding of shared costs and later repayments distinct so a household can understand the monthly position.
Product details reviewed .
The pieces behind the final position
Who funded the cost
Credit personal payments that covered shared costs instead of assuming every household expense came from a shared pot.
Recorded settlements
Add the transfer or reimbursement that reduces an outstanding monthly balance after money actually moves.
Close the loop without double-counting
Review the shared costs
Confirm that bills, expenses and allocations for the month are complete enough to explain the balance.
Account for funding
Identify which member or shared account paid each cost before deciding who should reimburse whom.
Record the real transfer
Add the settlement to the applicable month when the repayment has happened.
Synthetic example
Example: one member pays a shared repair
One member personally pays a synthetic 1,200 kr shared repair. The household allocation says each of two members is responsible for half.
Billum credits the payer’s funding and shows the other member’s position. A later 600 kr transfer is recorded as a settlement, not another cost.
Common questions
Can Billum send the repayment?
No. Members move money through their chosen payment method and record the completed settlement in Billum.
Is a reimbursement household income?
Not when it repays an existing cost. It should remain connected to the original expense and reduce the outstanding position.