Record a household settlement
Read who owes whom, transfer the money using your chosen method, then select Mark settled to record the settlement in HomeWeal.
Record a household settlement
Video walkthrough · 0:41
Read the video transcript
After Sam pays the shared Internet bill, Alex owes Sam forty-four dollars and fifty cents. Open Household and choose Settle up.
HomeWeal records a settlement. It does not transfer money. Once Alex has paid outside the app, choose the actual payment method.
Select Mark settled to record the payment between household members.
Check the updated balance and settlement record. This shared balance is now cleared.
Demonstration uses fictional household data. Narration uses an AI-generated voice.
Before you start
Settlements record money that has already moved. Owners and co-owners can settle any member-versus-owner balance; other members can record their own permitted balance. A viewer cannot record a settlement.
Record the settlement
- Open Household, then Settle up.
- Read the named payer and recipient. Inspect the balance breakdown and settlement history before recording anything.
- If offered, use Your balance or Whole household to choose the view you need.
- Transfer the money outside HomeWeal. An available Venmo or PayPal link opens that service; it does not record a settlement.
- Choose the payment method and select Mark settled on the intended balance.
- Check the new balance and settlement history.
Why a balance returns later
Shares accrue for new eligible billing periods. A settlement offsets the balance recorded at that time; it does not cancel future shares. Bill payments, responsibility assignments and later split changes can also affect the balance.
If the amount looks wrong
Inspect the breakdown before settling. Check bill shares, Paid by, any assigned period, prior settlements and the bill’s currency. A removed member may still have an open historical balance.