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Accointing VS Splitwise

Compare Accointing VS Splitwise and see what are their differences

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All-in-one crypto finance platform for companies that run on stablecoins. Invoicing, payouts, treasury, budgets and AML โ€” the whole money path in one non-custodial system. No banking friction, no spreadsheet reconciliation. featured
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Contents:
  1. ยป Base Details
  2. ยป Videos
  3. ยป Reviews
  4. ยป Alternatives

Accointing logo Accointing

A crypto tax tool with a portfolio tracking platform

Splitwise logo Splitwise

Splitwise is a free tool for friends and roommates to track bills and other shared expenses, so that everyone gets paid back. On the web, iPhone, and Android!
  • Accointing Landing page
    Landing page //
    2023-08-28

Accointing is an all-in-one crypto solution. Allowing you to track and manage your portfolio as well as reporting your taxes, Accointing offers its platform on both mobile and desktop. In mobile, you can track your portfolio's performance whenever/wherever, set alerts and a watchlist, import transactions or import your exchanges and wallets via API or CSV. Accointing mobile app offers support for Coinbase, Binance, Kraken, Uphold and other crypto exchanges as well as Ledger, Trezor, Bitcoin, Ethereum and other wallets.

  • Splitwise Landing page
    Landing page //
    2023-01-23

Accointing

Website
accointing.com
Pricing URL
Official Accointing Pricing
Platforms
Web Browser Google Chrome Internet Explorer Firefox Safari
Release Date
2018 August
Edit details

Splitwise

Website
splitwise.com
Pricing URL
-
Platforms
-
Release Date
-
Edit details

Accointing features and specs

  • User-Friendly Interface
    Accointing offers an intuitive and easy-to-navigate interface, making it accessible even for users who are new to cryptocurrency accounting.
  • Comprehensive Tracking
    The platform provides extensive tools for tracking various transactions and portfolios, ensuring that users have a clear overview of their investments.
  • Tax Reporting
    Accointing offers robust tax reporting features that comply with various tax jurisdictions, simplifying the tax filing process for users.
  • Integration with Multiple Exchanges
    The service integrates with a wide range of cryptocurrency exchanges and wallets, facilitating seamless import of transaction data.
  • Mobile App Availability
    A mobile app is available, allowing users to manage their cryptocurrency portfolios on the go.
  • Customer Support
    Accointing provides responsive customer support, with multiple channels available for users to seek help and resolve issues.

Possible disadvantages of Accointing

  • Pricing
    The pricing structure may be considered high for some users, especially those with a large number of transactions or complex portfolios.
  • Limited Free Features
    The free version of the platform has limited features, which might not be sufficient for users with more extensive needs.
  • Learning Curve
    Despite its user-friendly interface, there may be a learning curve for users unfamiliar with cryptocurrency accounting principles.
  • Geo-Restrictions
    Certain features may not be available in all geographic regions, limiting the platformโ€™s usability for some users.
  • Dependence on Exchange Connectivity
    The platformโ€™s effectiveness can be hampered if there are connectivity issues with specific cryptocurrency exchanges.

Splitwise features and specs

  • User-Friendly Interface
    Splitwise provides an intuitive and easy-to-navigate interface, making it straightforward for users to add expenses, keep track of debts, and settle up.
  • Multi-Platform Availability
    Available on the web, iOS, and Android, Splitwise ensures users can access and manage their expenses from almost any device.
  • Expense Tracking
    The app allows users to easily log and categorize expenses, which can be particularly useful for group trips, shared households, or any shared financial responsibility.
  • Flexible Split Options
    Users can split expenses equally, by percentages, shares, or custom amounts, providing flexibility in how costs are divided among group members.
  • Currency Conversion
    Splitwise supports multiple currencies, which is handy for international travel or groups with members from different countries.
  • Bill Reminders
    The app sends reminders for outstanding balances, helping users to stay on top of their payments and avoid forgotten debts.
  • Integration with Payment Platforms
    Splitwise can integrate with payment platforms like PayPal and Venmo for easy settlement of balances.

Possible disadvantages of Splitwise

  • Privacy Concerns
    Since Splitwise involves sharing financial information with others, there could be privacy concerns for those unwilling to share detailed expense data.
  • Subscription-Based Features
    Some advanced features, such as expense exporting and additional integrations, require a Splitwise Pro subscription.
  • Manual Entry Requirement
    Splitwise requires users to manually enter expenses, which could be time-consuming and prone to errors if not done diligently.
  • Limited Automatic Reconciliation
    While Splitwise helps track who owes whom, it does not automatically reconcile or pay off balances, leaving users responsible for manual payment.
  • Dependency on Group Honesty
    The accuracy of the expense records relies on the honesty and diligence of all group members, which may not always be reliable.
  • Potential for Confusion
    The various options for splitting bills (equally, by shares, etc.) can sometimes lead to confusion or disputes among users over what is fair.

Analysis of Splitwise

Overall verdict

  • Splitwise is a highly effective tool for managing shared expenses, especially if frequent splitting of costs is involved. Its features make it easy to track who owes what, and its automatic calculations save time and reduce errors.

Why this product is good

  • Splitwise is popular because it simplifies sharing and tracking expenses among groups, making it ideal for roommates, friends on trips, or any group spendings.
  • It automatically calculates balances and reminds users about payments, reducing the awkwardness of asking others for money.
  • Offers a user-friendly interface both on web and mobile apps, which makes managing expenses convenient and accessible.
  • Supports multiple currencies, which is great for international travel groups.
  • Integration with payment platforms like PayPal and Venmo for easy settlement of debts.

Recommended for

  • Roommates who need to regularly split household bills and expenses.
  • Groups of friends or families who often travel together and need to manage shared travel costs.
  • Colleagues or classmates working on projects or events that require shared funding.
  • Anyone who wants to avoid the hassle of manually tracking and settling shared expenses.

Accointing videos

+ Add

Connecting Wallets and Exchanges to ACCOINTING.com

Splitwise videos

+ Add

Splitwise - iPhone App Review! [2020]

More videos:

  • Review - Tricount vs Splitwise - App comparison
  • Demo - Splitwise Demo

Category Popularity

0-100% (relative to Accointing and Splitwise)

Accointing

Splitwise

Cryptocurrencies
100 100%
Cryptocurrencies
0% 0
Personal Finance
0 0%
Personal Finance
100% 100
Crypto
100 100%
Crypto
0% 0
Expense Tracking
0 0%
Expense Tracking
100% 100

User comments

Share your experience with using Accointing and Splitwise. For example, how are they different and which one is better?
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Reviews

These are some of the external sources and on-site user reviews we've used to compare Accointing and Splitwise

Accointing Reviews

Best Cryptocurrency Tax Software: Complete Guide to the Top Options
Accointing is often advertised as one of the marketโ€™s friendliest cryptocurrency tax platforms. The service provides thousands of crypto traders and investors with high-quality tax computing and filing services that ensure regulatory compliance in several countries. The platform is suitable to both crypto traders and crypto companies.
Source: blockonomi.com
14 Best Crypto Tax Software to Ease Your Calculation and Be Compliant
It also has a Trading Tax Optimizer that will list trades to minimize your crypto taxes. And with the Accointing crypto tracker, you can have a central place to monitor your crypto portfolio.
Source: geekflare.com
15 Best Koinly Alternatives 2022
Second, on my list of the best alternatives to Koinly is Accointing. Like Koinly, Accointing lets you track your crypto portfolio and file crypto taxes. With Accointing, you can track and file taxes from DeFi, Bitcoin, NFTs, and everything in between.
Source: rigorousthemes.com

Splitwise Reviews

12 Best Bill Splitting Apps in 2023
Splitwise is among the most commonly used group payment apps that can easily keep a systematic record of all your informal debts including restaurant bills, travel expenses, cost of accommodation, and much more. With this expense sharing app, users can either create groups or split the bill privately among friends. Splitwise also registers and saves all the expenses and...
Source: www.mobileappdaily.com
6 Best Bill Splitting Apps for Hassle-Free Expense Sharing
Splitwise employs an intelligent algorithm to calculate the exact amount owed by each user. It shows who paid for what, how much amount was paid by each member, and any outstanding balances. Furthermore, the application also keeps everyone updated about their balances and recent transactions.
Source: www.how2shout.com
Best Bill-Splitting Apps
For example, shared items like appetizers would be split among the entire group or just a few people in the group. The app can handily accommodate large parties by allowing you to add up to 10 people to each group. Once youโ€™ve divided up the food among all the plates you can add in tax and tip. The app is made by the same company as Splitwise and is completely free. The only...
Source: www.thebalancemoney.com
7 Best Budgeting Tools and Apps for Personal Finance
This oneโ€™s not a complete budgeting app but itโ€™s still a handy one. Splitwise is a nifty app that helps people track how much they owe to friends and colleagues and vice versa. It makes sharing expenses on outings, meals, events, etc easy to track by logging in each transaction. It basically keeps a total over time, so that you can pay back the money in a large payment,...
Source: www.softwaresuggest.com

Social recommendations and mentions

Based on our record, Accointing seems to be more popular. It has been mentiond 42 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Accointing mentions (42)

  • Limited-time offer: Get 30% off on your crypto tax report
    Visit accointing.com to claim your discount! Source: over 3 years ago
  • one final loss harvest question
    You can just sell the position with the highest cost basis! If you need to identify the position you acquired for $2.25, you can use a free tool like accointing from there it should be easy! Source: over 3 years ago
  • NFT tax software: ERC-721 transactions are now supported by Accointing
    You can now track your BAYC NFTs and calculate your tax liabilities with Accointing. Source: over 3 years ago
  • Speculation: Blockfolio 2.0? COME BACK BLOCKFOLIO!!!
    Check out accointing, ad-free and comes with a tax report lol. Source: over 3 years ago
  • Blockfolio/FTX tracking alternatives
    Hey, Max here from Accointing. You can track all your transactions and trades via our mobile app or Desktop Dashboard for free. Let me know if you need help with the onboarding! Source: over 3 years ago
View more

Splitwise mentions (0)

We have not tracked any mentions of Splitwise yet. Tracking of Splitwise recommendations started around Mar 2021.

What are some alternatives?

When comparing Accointing and Splitwise, you can also consider the following products

Koinly - Koinly is the easiest way to monitor your crypto activity & file your taxes.

Tricount - Manage and share expenses with friends

CoinTracker - The most trusted cryptocurrency tax and portfolio manager

Settle Up - SETTLE UP is an indispensable app for friends and flatmates who need to keep track of shared bills...

Coinpanda - Calculate & file tax reports for Bitcoin and cryptocurrencies. Made for traders and investors.

Splid - Splid helps friends manage their money.

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