LiteSplit 1.2.0: Introducing Smart Settlements and Enhanced Group Management

We're excited to announce LiteSplit version 1.2.0, our biggest update yet! This release introduces three powerful features designed to make expense sharing and settlement more efficient than ever. Whether you're managing group expenses, splitting bills with friends, or organizing team activities, these new features will transform how you handle shared expenses.

What's New in 1.2.0?

Version 1.2.0 brings three major features that work together to create a seamless expense management experience:

• Claim Person: Quickly assign expenses to the right people
• Banking Info & QR Code: Share payment details instantly
• Mark as Paid: Track settlements with ease

1. Claim Person: Smart Expense Assignment

The new Claim Person feature makes it easier than ever to assign expenses to the right people in your group. No more confusion about who paid for what!

• Quickly claim expenses you've paid for others
• Automatically notify group members of claimed expenses
• Maintain a clear record of who paid for what
• Simplify expense tracking in large groups
• Reduce manual entry and potential errors

The Claim Person interface in action

2. Banking Info & QR Code: Instant Payment Sharing

Say goodbye to awkward payment requests! The new Banking Info & QR Code feature lets you share your payment details instantly and securely.

• Add and manage multiple bank accounts
• Generate unique QR codes for instant payments
• Share payment details securely within the app
• Support for various payment methods
• Easy switching between different payment options

To set up your banking information:

• Go to your profile settings
• Select 'Payment Methods'
• Add your bank account details
• Generate your unique QR code
• Share with your group members

Banking info and QR code setup interface

3. Mark as Paid: Seamless Settlement Tracking

The Mark as Paid feature brings clarity to expense settlements, making it easy to track who has paid and who hasn't.

• Track individual payment status for each expense
• View payment history with timestamps
• Filter expenses by payment status
• Get group-wide payment status overview
• Receive notifications for pending payments

Mark as Paid interface showing payment tracking

Real-world Benefits

These new features work together to solve common expense-sharing challenges:

• Roommates can easily track who paid for utilities and mark settlements
• Group trips become smoother with instant payment sharing via QR codes
• Team leaders can quickly claim and assign business expenses
• Family members can share payment details securely
• Event organizers can track payments and settlements efficiently

Getting Started with 1.2.0

The new features are now live and ready to use. Here's how to get started:

• Log in to your LiteSplit account
• Set up your banking information in profile settings
• Generate and share your payment QR code with group members
• Start using Claim Person for new expenses
• Enable Mark as Paid tracking for your groups

Tips for Group Leaders

If you're managing a group, here are some best practices:

• Encourage all members to set up their banking information
• Use Claim Person consistently for group expenses
• Regularly check the Mark as Paid status
• Share payment QR codes in group settings
• Set up payment reminders for pending settlements

What's Next?

We're constantly working to improve LiteSplit. Your feedback on these new features helps us make the app even better. Try out these new features and let us know what you think! We're already planning more exciting features for future updates.

Visit LiteSplit today and experience the future of expense sharing!