Nexxo
Split expenses: condominiums
A practical guide to splitting maintenance, security and repairs with a clear reference currency.
What you share
Maintenance, security and repairs.
Where things get complicated
Late contributions lose value over time.
A clearer way to split
Set a cutoff date and a clear reference rate.
- Create a Nexxo and invite the people sharing these expenses.
- Record who paid, the amount, currency and participants for each expense.
- Choose equal shares, percentages or exact amounts according to your agreement.
- Review the exchange rate, check net balances and record reimbursements when paid.
Keep the value clear
Agree the reference currency, exchange rate and settlement date before balances build up. Currency conversion tells you what an amount is worth at a particular moment; indexing preserves the reference value between recording and repayment.
