IOU Ledger

IOU Ledger is a small ledger for tracking who owes what, which makes it useful for roommates, friends, and anyone who splits expenses without wanting a full expense app. By our assessment, its value is in the plainness of the record: debts, repayments, and balances are easier to follow when they are written down in one place. The downside is that a ledger stays a ledger; it will not manage your bank accounts, automate every split, or remove the need to settle up. In practice, it feels like a clean notebook with better search and less chance of losing the trail. It sits below heavier budgeting tools and above scraps of paper or chat messages, which is exactly the middle ground many people need. IOU Ledger works best when the group keeps entering numbers honestly and on time.