Nexxo
Cutoff date
The last date for including expenses before calculating balances.
What it means
The last date for including expenses before calculating balances.
An everyday example
Expenses recorded by Sunday are included in this week’s settlement.
Why it matters when splitting expenses
Agree the allocation rule, reference currency and settlement date with your group. Keeping these details visible helps avoid misunderstandings when expenses and repayments happen on different days.
