To review expenses with someone else, separate three things: shared purchases, who paid for them and any later payments to settle the split. Finantzak offers shared spaces to organise this information, but these are not joint bank accounts and do not move money. This guide explains how to prepare a review and check the totals without assuming that the app splits expenses automatically.
In this article
1. Check what access each person needs
Finantzak is available on Android. The free plan stores personal data on the device; Premium provides synchronisation and web access, and includes creating and managing shared spaces. These spaces help you organise expenses with your partner, family or other people you choose.
Someone on the Free plan can synchronise a shared space in the app if its owner sponsors it with an active Premium subscription. This does not give them web access, personal cloud storage or cloud storage for personal files. Authorised members can see information in the space according to their role; the documentation consulted does not specify individual permissions or invitation steps. Check actual access before relying on the space for a joint review.
2. Define which expenses you will review
Agree on a period and which purchases are shared. For example, you might include groceries and utilities but leave out personal purchases. Prepare a list showing the date, description, amount and person who paid, supported by receipts or bank transactions that each person can check.
Use the expense records in the space that your role allows you to access and compare them with that list. Finantzak lets you record transactions and categorise income and expenses; it does not connect automatically to banks. Do not assume that every purchase has already been recorded or that there is a dedicated field for who paid: keep that information in your checking list if necessary.
3. Calculate the split: an entirely fictional example
Suppose two people agree to split one month's expenses equally. A pays 120 € for groceries and B pays 60 € for utilities. There are no other shared expenses or previous settlement payments. Total shared spending is 120 € + 60 € = 180 €; each person's share is 180 € / 2 = 90 €.
A has paid 120 € − 90 € = 30 € more than their agreed share. B has paid 90 € − 60 € = 30 € less. If B pays A 30 € outside Finantzak, A's net contribution becomes 120 € − 30 € = 90 € and B's becomes 60 € + 30 € = 90 €. This is a manual calculation for this scenario, not a verified automatic expense-splitting feature of the app.
4. Check the total without counting the settlement twice
In the example, the purchases still total 180 €, not 210 €. The 30 € settlement is not another purchase: it changes who bears the cost, not the total shared spending. Review the two original purchases and check separately whether the settlement has been paid, using its payment confirmation. This guide does not prescribe how to record that settlement in the app because a specific procedure has not been verified.
A transfer between your own accounts is not income or spending either and must not be counted twice in the totals. A settlement between two people is a different transaction, but it also does not add a new purchase to the split. This calculation measures contributions towards the agreed expenses: it does not determine either person's bank balance, overall income minus expenses or available money.
5. Review permissions and the space's continued availability
Before finishing the review, check that each agreed expense appears only once, matches its supporting receipt and can be consulted by both people as needed under their access permissions. If a record is missing or you cannot see it, the split has not yet been verified.
Participation on the Free plan depends on sponsorship by an owner with active Premium. If that owner plans to stop using Premium, consult the current terms before assuming synchronisation will remain available. Finantzak organises information but does not execute the settlement or guarantee that the agreed shares can be paid: that depends on each person's actual money and expenses.
Put it into practice
- Agree on the period, included expenses and splitting rule.
- Check access to the shared space and its owner's Premium sponsorship.
- Compare each purchase with a receipt and note who paid.
- Calculate the total and each person's share.
- Check settlement payments separately, without adding them as new purchases.
- Consult the terms before the owner changes their Premium subscription.
Sources consulted
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