# IOU: Split Receipts & Expense — Track and settle with friends

> Scan receipts to itemize and split bills with tax and tip per person. (iPhone/iPad app by Eric Agredo.)

- Source: https://appshunter.io/ios/app/iou-split-receipts-and-expense/id1589968294 (this page in markdown: same URL + `.md`)
- Developer: [Eric Agredo](https://appshunter.io/developer/1475112741)
- Category: Finance, Utilities
- Price: Free with in-app purchases
- Rating: 4.40/5 from 17 App Store ratings · 10 written reviews indexed
- Age rating: 4+
- Requires: iOS 26.0 · 53 MB
- Languages: American English, Arabic, Bangla, Bulgarian, Catalan, Croatian, Czech, Danish, Dutch, Finnish and 24 more
- Released: 2021-10-20
- Data updated: 2026-08-14
- Monetization: freemium
- User reviews in markdown: https://appshunter.io/ios/app/iou-split-receipts-and-expense/id1589968294/reviews.md

## What is IOU?

IOU is the easiest way to scan receipts, itemize every purchase, and split group expenses accurately. Split what everyone actually ordered—no spreadsheets, no mental math, no awkward follow-ups.

SCAN RECEIPTS. ASSIGN ITEMS. DONE.

Take a photo of any receipt and IOU will automatically extract items, prices, and totals. Then tap through and assign each item to the right person. Perfect for dinners, trips, and shared purchases where everyone orders something different.

ACCURATE SPLITS, EVEN INTERNATIONALLY 

Split expenses using items, equal splits, percentages, or exact amounts. IOU supports foreign currencies with real-world exchange accuracy using actual credit card charge rates. Region-aware calculations ensure tax and tip are handled correctly wherever you are.

BUILT FOR GROUP EXPENSES

Create groups for trips, dinners, roommates, and more. Customize groups with photos or curated artwork. Track all expenses in one place and view group insights and spending breakdowns. Settle up easily with Venmo & CashApp.

POWERFUL RECEIPT FEATURES

* Scan and automatically itemize receipts
* Works with foreign receipts and translations
* Assign items to individuals one by one
* Upload and store receipts within groups
* Share a clean breakdown with your group

FLEXIBLE AND ORGANIZED

* Import existing expenses from other apps
* Export your data as CSV or PDF
* Adjust settings based on your region
* Customize the app with your preferred accent color

WHY IOU

MOST APPS SPLIT TOTALS. IOU SPLITS WHAT ACTUALLY HAPPENED.

No more overpaying.
No more chasing people.
Just accurate, transparent group expenses.

Terms of condition:
https://www.apple.com/legal/internet-services/itunes/dev/stdeula/

## Key features

- Receipt scanning and itemization
- Assign items to individuals
- Automatic tax and tip calculation
- Per-person total calculation
- Eliminates manual bill splitting

## Pricing and in-app purchases

Base price: Free.

**Subscriptions**

| Subscription | Price | Period |
| --- | --- | --- |
| IOU Pro | $6.99 | per year |
| IOU Pro | $0.99 | per month |
| IOU Pro | $2.99 | per month |
| IOU Pro | $24.99 | per year |

**One-time purchases**

| Purchase | Price | Type |
| --- | --- | --- |
| Lifetime IOU Pro | $29.99 | one-time |


## Recent user reviews (10 of 10)

All indexed reviews: https://appshunter.io/ios/app/iou-split-receipts-and-expense/id1589968294/reviews.md

### 5/5 — Best splitting app out there

*2026-03-03*

10/10 app. Does all of the work for you with just a picture

**Developer response:** Hi! Thank you so much for your feedback. I’m really glad to hear that you’re loving the app!

### 3/5 — Needs some features

*2024-05-12*

This app has potential to be absolutely awesome but I hate that I can’t see a history of things I’ve split. It would nice to keep track/history of things that have been split with the option to mark it as settled up or not.

**Developer response:** Hi! Thanks for your review. That feature is being worked on as we speak. It’s been a highly requested review. It should be released in the coming weeks. Please contact me at the email you see in the app if you have any other requests/questions.

### 5/5 — BEST SPLITTING APP OUT THERE

*2024-04-28*

This app makes it so easy to split a tab when you’re out with a lot of friends. I love that it gives you the option to send an itemized receipt to each person in your party with their specific items and the cost / tax / tip breakdown so it’s very to clear to everyone what they’re paying for. I got this app because I tried a different splitting app and it was not good at all. This app does everything I want it to and it also super cheap. Highly recommend everyone get this app!! Especially foodies and people with large friend groups.

**Developer response:** Hi! Thank you so much for your feedback. I’m really glad to hear that you’re loving the app!

### 4/5 — Solid App

*2024-04-25*

My initial review (below) was negative, but the developer reached out to me and was very receptive to my issue. I found the wording of the in-app upgrade to be misleading, but they’ve offered to clarify it. As such, I’ve updated my review. The app still needs manual importing of receipts, but it is a really solid app and works well! I look forward to using it next time I eat out in a group.

Original review: “IOU Pro” is not optional if you want to upload a receipt. The upgrade claims to unlock ‘unlimited’ receipt uploads, but the limit without paying is actually zero uploads. There is also no option for a lifetime unlock which unfortunately is a nonstarter for me.

**Developer response:** Hello. Thanks for your feedback. Yes you are correct that upload a receipt you need IOU Pro. You can get "free" upload by doing the free trial of IOU Pro. However, you can scan a receipt for free an unlimited amount of times. I like the idea of a lifetime unlock and will implement this into the next version. Please send me an email and I can give you access to IOU Pro. Thanks

### 1/5 — Misleading

*2024-03-31*

“IOU Pro” is not optional if you want to upload a receipt. The upgrade claims to unlock ‘unlimited’ receipt uploads, but the limit without paying is actually zero uploads. There is also no option for a lifetime unlock which unfortunately is a nonstarter for me.

**Developer response:** Hello. Thanks for your feedback. Yes you are correct that upload a receipt you need IOU Pro. You can get "free" upload by doing the free trial of IOU Pro. However, you can scan a receipt for free an unlimited amount of times. I like the idea of a lifetime unlock and will implement this into the next version. Please send me an email and I can give you access to IOU Pro. Thanks

### 5/5 — Most accurate app out there honestly

*2023-12-09*

I tried updating my previous “Has issues” review.. But, App Store won’t load it for me or allow me to delete it. So this is my UPDATE review- I downloaded a few different apps to use for my dinner events and this app is BY FAR the most accurate at reading receipts and doing the math! I left my previous review and reported some issues I found with splitting costs on line items and how the decimals move.. etc. And he responded immediately stating he will work on the issues and advise when complete. Even provided updates as he continued to work on the issues. And now both issues are resolved. And I love this app! Telling you- Best out there! I’ve tried them all. And frankly, if every app developer or support responded to feedback as quickly and actually fixed the issues like this developer did- We’d all have much better apps! So Eric also gets 5 stars in my book! I work as a software development project manager for manufacturing environments. I’d certainly hire Eric for my projects..

**Developer response:** Thank you so much for your review :)

### 3/5 — Has issues

*2023-11-20*

In terms of accuracy for scanning of items, it’s very good. But app has issues- Please fix bug you have with splitting items. It’s dividing too many times! 
For example- If the total cost of an item is $16 and I say split by 2, it makes it $4 each instead of what it should be which is $8 each! This happens the minute you click out of the line. It goes from $8 to $4. 
Also- Changing the cost totals is extremely aggravating. I have to manually position the cursor to EACH decimal point. I can’t just type out 8.00. I have to first position cursor to the number 4. Then delete that. Then type 8. Then delete the 0 next to it. Then manually move cursor to the after decimal portion. Manually first delete the number there. Then position cursor AGAIN to the first position after decimal. Do you have any idea how much time that takes when I have to correct your already incorrect split calculation for like 8 different lines?? 

I paid money for this app. So I expect it to work properly and not split by 4 instead of 2! 
Please fix issues.

### 3/5 — Good idea, with some needed improvements

*2022-01-07*

This is an okay app that could be great. First and foremost, its analysis of a sample receipt produced A LOT of erroneous fields that needed to be deleted. This coupled with the app's inability to apply negative values for discount line items makes it not much quicker than calculating by hand. Furthermore, there must be a calculation error when splitting the bill since a quick sum of everyone's total was almost a dollar shy of the real total. Please fix these issues. 

Finally, the app's tip calculation is simplistic and incorporates the sales tax rather than only the subtotal. Sales tax is already a percentage of the subtotal and is often >10% in some locales. Therefore, tipping on the total rather than the subtotal inflates the the selected tip percentage by more than you’d think. I've been using “Tip Calculator +++” by Aaron Jubbal for years since it accounts for this. Including this functionality would make “IOU: Easily Split Your Tab” the perfect app! 

Looking forward to future versions!

**Developer response:** Hey! I have fixed a lot of these issues in 2.0. Would love for you to check it out!

### 4/5 — Awesome but

*2022-01-07*

There are a couple issues I have had. One is that if you don't enter tax it pops up telling you to fix. I'm currently in Oregon where there is no tax so this is an issue. There are a few other minor issues but overall it is pretty awesome.

**Developer response:** Hey! This has been fixed in the newest update! Check it out

### 5/5 — Amazing

*2021-10-21*

Finally an app that makes splitting the bill so easy !!!

## Frequently asked questions about IOU

### How does IOU calculate totals?

IOU scans your receipt, itemizes each purchase, and allows you to assign items to individuals. It then automatically calculates each person's share, including tax and tip, ensuring accurate payment distribution.

### Does IOU have ads?

No, IOU does not display advertisements within the application, providing an uninterrupted user experience.

### What devices does IOU support?

IOU is available on iPhone, iPad, and Apple Vision Pro devices, offering a seamless experience across Apple's ecosystem.

### How often is IOU updated?

The latest version of IOU was released on May 15, 2024, indicating active development and regular updates to improve functionality and user experience.

### What are the subscription options for IOU Pro?

IOU Pro offers two subscription plans: a monthly plan for $0.99 with a 3-day free trial, and an annual plan for $6.99 with a 7-day free trial.

### What is the age rating for IOU?

IOU has an age rating of 4+, making it suitable for a wide range of users, including younger individuals who might be learning to manage expenses.

### Is IOU free to use?

The base version of IOU is free to download and use. Optional premium features are available through IOU Pro subscriptions.

### What is the user sentiment for IOU?

IOU has a strong user rating of 4.3 stars based on 16 reviews, suggesting that most users find the app helpful and easy to use for splitting bills.

## Version history (last 5 releases)

### 3.0.3 — 2026-07-23

Version 3.0

A major update to IOU with groups, flexible splitting, and a completely redesigned experience.

NEW
• Create groups for trips, dinners, and shared expenses
• Customize groups with photos or curated artwork
• Track all expenses and view group insights

RECEIPTS
• Scan and automatically itemize receipts
• Assign items to each person
• Support for foreign receipts with translation

SPLITTING
• Split by item, equal shares, percentages, or exact amounts
• Accurate totals with tax and tip
• Foreign currency support using real-world exchange rates

MORE
• Export expenses as CSV or PDF
• Share detailed breakdowns with your group
• Import existing expenses
• Updated UI with customizable accent color

### 3.0.2 — 2026-06-16

Version 3.0

A major update to IOU with groups, flexible splitting, and a completely redesigned experience.

NEW
• Create groups for trips, dinners, and shared expenses
• Customize groups with photos or curated artwork
• Track all expenses and view group insights

RECEIPTS
• Scan and automatically itemize receipts
• Assign items to each person
• Support for foreign receipts with translation

SPLITTING
• Split by item, equal shares, percentages, or exact amounts
• Accurate totals with tax and tip
• Foreign currency support using real-world exchange rates

MORE
• Export expenses as CSV or PDF
• Share detailed breakdowns with your group
• Import existing expenses
• Updated UI with customizable accent color

### 3.0.1 — 2026-06-11

Version 3.0

A major update to IOU with groups, flexible splitting, and a completely redesigned experience.

NEW
• Create groups for trips, dinners, and shared expenses
• Customize groups with photos or curated artwork
• Track all expenses and view group insights

RECEIPTS
• Scan and automatically itemize receipts
• Assign items to each person
• Support for foreign receipts with translation

SPLITTING
• Split by item, equal shares, percentages, or exact amounts
• Accurate totals with tax and tip
• Foreign currency support using real-world exchange rates

MORE
• Export expenses as CSV or PDF
• Share detailed breakdowns with your group
• Import existing expenses
• Updated UI with customizable accent color

### 3.0 — 2026-06-10

Version 3.0

A major update to IOU with groups, flexible splitting, and a completely redesigned experience.

NEW
• Create groups for trips, dinners, and shared expenses
• Customize groups with photos or curated artwork
• Track all expenses and view group insights

RECEIPTS
• Scan and automatically itemize receipts
• Assign items to each person
• Support for foreign receipts with translation

SPLITTING
• Split by item, equal shares, percentages, or exact amounts
• Accurate totals with tax and tip
• Foreign currency support using real-world exchange rates

MORE
• Export expenses as CSV or PDF
• Share detailed breakdowns with your group
• Import existing expenses
• Updated UI with customizable accent color

### 2.0.7 — 2024-05-15

minor bug fix with ending a session

## Apps similar to IOU

| App | Rating | Price | Category |
| --- | --- | --- | --- |
| [Cost Split Payments: Settle Up](https://appshunter.io/ios/app/cost-split-payments-settle-up/id6541750436) | 4.7 (11) | Free | Finance |

## More apps by Eric Agredo

- [Requestz: Suggest a song](https://appshunter.io/ios/app/requestz-suggest-a-song/id1594989197)

All apps by Eric Agredo: https://appshunter.io/developer/1475112741

## Related topics

[iou](https://appshunter.io/ios/topics/iou) · [iou friend](https://appshunter.io/ios/topics/iou-friend)

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*Data collected daily from the US App Store and indexed by [AppsHunter](https://appshunter.io/). User reviews are verbatim App Store reviews. Ratings, prices and chart positions refresh continuously; this snapshot is from 2026-08-14.*
