Splitwise is the best way to share bills and IOUs and make sure that everyone gets paid back.

Use Splitwise to split household bills with roommates to figure out costs for a group vacation or just to remember when a friend spots you for lunch. On Android iPhone or the web (http://splitwise.com) you can view your balances track spending trends set up email reminders for bills and much much more!

"I only wish such a tool had been available when I was a new college graduate..." – Ann Carrns NYTimes Bucks Blog
"Splitwise removes all the friction from borrowing money between friends and roommates." - Melia Robinson Business Insider