How Expenses Work for Venmo Groups
Members in a Venmo group can add expenses, which Venmo then automatically splits into payments due from other members. The split amounts for an expense can also be customized, so you can adjust any member's contribution amount and exclude members from an expense if needed.
Here's an example of how expenses are split for Venmo groups:
Let’s say you, John, and Mary are going on a trip, and each person pays for part of your accommodations.
- You book a house for $1,500
- Mary buys $150 worth of groceries
- John buys $45 worth of gas
You can each add these expenses to the group, and Venmo will do the math to simplify what's due to or from each member. In this case, Mary would pay you $415, and John would pay you $520.
Adding and editing group expenses
When you create a new expense for your group, Venmo will do the math automatically so each member can settle up any amounts due with the least number of payments. You can adjust each member's amount due before you save the expense, or come back later to make adjustments.
Follow these steps to add an expense to a group in the Venmo app:
- Go to your Groups hub on the Me tab
- Tap the relevant group
- Tap Add an expense
- Enter the total amount of the expense at the top, then fill in the What’s this for field at the bottom
- Tap Add expense
If you need to make changes to a saved expense, you can select that expense from the group expense feed and tap the pencil to add or remove members or adjust amounts due.