Nexxo
Debt simplification
Offsetting debts across a group so each person only pays or receives their final balance.
What it means
Offsetting debts across a group so each person only pays or receives their final balance.
An everyday example
If you owe Laura USD 20 and she owes you USD 15, your net payment is USD 5.
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.
