When both parents share the cost of raising a child, one parent usually pays for something and the other owes them their share. Over a month, these amounts add up. At some point, one parent pays the other to settle the difference.
The problem is keeping track of who paid what, who owes how much, and whether the last reimbursement actually happened. A dedicated reimbursement tracker handles all of that automatically.
The running balance is the net amount one parent owes the other, based on all approved expenses and all logged reimbursements. If your split is 50/50 and you paid $800 this month while the other parent paid $400, the balance shows that the other parent owes you $200.
This balance is always current. Every new approved expense changes it. Every logged reimbursement reduces it. You never have to calculate it yourself.
When one parent pays the other, they log the reimbursement in the app. The payment shows as pending until it is confirmed, then the running balance adjusts. You can add notes, reference the period it covers, and track whether it has been completed.
This creates a clear record of every payment between parents — useful for your own clarity and for any situation where you need to show that settlements happened on time.
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