Feature

Mark a debt settled the moment it's paid.

When someone pays you back, tap once. Dolio updates every balance, keeps a permanent settlement record, and recomputes who owes whom.

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One-tap settle✓ Mark paid

The problem

The 'did you ever pay me?' problem

Settlement happens outside the app — over Venmo, in cash, with a beer. By the time you remember to update the spreadsheet, half the group has paid back without telling anyone, and the math is stale.

Dolio collapses recording a payment into a single tap from the balance screen, with a permanent receipt for proof.

How it works

Settle in one tap, recorded forever

  1. 1

    Tap 'Mark paid' on the balance row

    Every balance row has a settle action. No new screen, no form to fill — Dolio knows the amount, the payer, and the receiver from the row.

  2. 2

    Dolio recomputes everyone's balance

    The settled amount comes off both sides. Any remaining transfers are recalculated using the same minimum-transfer logic.

  3. 3

    Full history, always

    Every settlement is logged with timestamp and amount. If anyone questions whether it happened, the proof is one tap away.

State transition: owes to settledBob → Aliceowes$42TAPBob → Alice✓ SettledToday

FAQ

Frequently asked questions

Can I undo a settlement?

Yes. Settlements are deletable from the history view; doing so restores the balance immediately. The deletion is itself logged for transparency.

Can I record a partial payment?

Yes. Instead of settling the full balance, type a smaller amount. Dolio applies the partial payment and keeps the remaining balance open.

Does Dolio handle the actual money transfer?

No — Dolio is a record-keeper, not a payment processor. You move money however you want (Venmo, bank transfer, cash) and tap to record it.

Who can mark a debt as paid?

Either party — the person who owes or the person owed. Both see the settlement in their history.

Stop chasing IOUs.

Tap once, settle forever.

Get started free