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GRENZE International Journal of Engineering and Technology Vol. 8 (2022), Issue 1

Settle Pot

Authors

E Shravanthi, Hemamalini B H, Gehna Jain, Gourav Dubey

Abstract

In today’s urban lifestyle, settlement of securities is absolutely necessary as it plays an important role in handling one’s finances. The major priority here is to handle these finances using a safe and secure system. The problem at hand is that - among a group of people, it is tedious to keep track of the large number of uneven transactions carried out and it is a challenging and confusing task to manually settle the bills. To overcome this issue, we have to use a systematic approach to split the total cost of an event involving a group of people such that every member shares a proportionate amount with minimal transactions and least number of unfair splits. This eliminates the traditional “who owes who” concept which may create chaos and instead implements orderliness.

Pages: 20 - 27