
Tutorials
March 20, 2024
5 min read
3 Easy Excel & Google Sheets Formulas to Split Expenses
Learn how to split expenses easily using Excel and Google Sheets formulas. Perfect for roommates, trips, and group expenses.
Introduction
Splitting expenses can be a hassle, but with these simple formulas, you'll be able to divide costs fairly and efficiently. Whether you're splitting rent with roommates or expenses from a group trip, these formulas will save you time and prevent errors.
Explanation:
- •These formulas work in both Excel and Google Sheets
- •They handle decimal places automatically
- •They're perfect for recurring expenses
Basic Division Formula
=ROUND(A1/B1, 2)
Explanation:
- •A1 is the total amount to split
- •B1 is the number of people
- •2 is the number of decimal places
Weighted Split Formula
=ROUND(A1*B1/SUM($B$1:$B$5), 2)
Explanation:
- •A1 is the total amount to split
- •B1 is the weight for the first person
- •B1:B5 contains weights for all people
- •This formula calculates proportional shares
Equal Split with Remainder
=IF(ROW()=1, ROUNDUP(A1/B1, 2), ROUNDDOWN(A1/B1, 2))
Explanation:
- •A1 is the total amount to split
- •B1 is the number of people
- •First person gets rounded up amount
- •Others get rounded down amount
- •This ensures the total adds up exactly