Product
Expenses, invoices and
partner balances,
in one record.
One record for revenue, expenses, profit, invoices, owner-paid costs and partner balances.
Six connected areas share one set of records, so a cost an owner paid, an invoice payment or a salary is entered once and counted everywhere. Each area has its own page with the details — and its limits.
Six areas, one set of records
What RecordSplit
does today.
- Expense tracking
- Business expenses by category and month, each marked as paid from business funds or personally by an owner, with receipts attached and the effect on profit visible. Expense tracking
- Business accounts
- Bank, cash and wallet accounts with balances built from what you record: revenue received, expenses paid, transfers, adjustments and owner withdrawals. Business Funds on the Dashboard is the total across active accounts. Business accounts
- Invoicing & receivables
- Draft and issue invoices with line items, tax and discounts; send them by email, PDF or a public link; record full or partial payments; and see what's still owed in accounts receivable ageing. Invoicing & receivables
- Partner finance
- Each owner's net position from personally paid expenses, revenue received personally, profit allocation and recorded settlements — with suggested settlements, dated partnership rules and capital contributions kept separate. Partner finance
- Salaries & team
- Employees, salary payments and advances (each payment is recorded as an expense), attendance, and Manager, Accountant and Viewer roles with salary privacy. Salaries & team
- Dashboard & reports
- This month's revenue, expenses, profit and Business Funds on one Dashboard, plus monthly, category, salary, expense-funding and profit reports with Excel and PDF export. Dashboard & reports
How the areas connect
Recorded once,
counted everywhere.
A salary payment is an expense. An invoice payment is recorded as revenue. An expense an owner paid personally changes that owner's balance and still reduces profit. Capital and settlements stay out of profit. Each record is entered once and every view uses it.
Not included today
What RecordSplit
doesn’t do.
- No bank connection
- Balances come from what you record — there are no bank feeds, imports or statement reconciliation.
- No payment processing
- Customers pay you outside RecordSplit; you record the payment against the invoice. RecordSplit doesn't process card or bank payments.
- No payroll processing
- Salaries are recorded, not run: no tax calculation, payslips or filings.
- No forecasting
- Reports show recorded activity. There's no forecasting, budgeting or formal accounting statement.
One business.
Every owner.
One record.
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Free for your first organization. No credit card required.