Split your Bills across entities

Split your Bills across entities

Now, you can easily split bills between entities associated with your operation.

Now, you can easily split bills between entities associated with your operation.

1 min read

1 min read

by

by

Brent

Brent

This situation can arise quite frequently with multi-location, multi-entity operations. On the Corporate side, when laptops or tech licenses (like Folio!) are bought centrally, a manager would previously manually create bills or AP records for each benefitting property. On the ground at an operation, adjacent properties or associated outlets can sometimes share costs, goods within a single shipment, (or even parking lots!) and they need to split them up.

Now: when processing a Bill in Folio, just click "Distribute Costs", identify the recipients, and split it evenly across those entities with the "Split Evenly" button. Manually adjust the allocations, if necessary.

If the receiving property is using Folio, too, the adjusted bill is automatically available in their queue, ready to be reviewed and approved. If the receiving party is not using Folio, the bill appears as an AP record in their linked ERP.

Happy, snappy splitting!

Best,
Brent

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Smart, fast purchasing and payments for hospitality where every second and dollar count.

© 2026 Folio Services, Inc

Email us: support@folio.co

3600 North Duke St #1197 Durham, NC 27704

Text us: +1 855 943 4102

Folio Services, Inc is a financial technology company and not a bank. Banking products and services are offered by Core Bank, Member FDIC. Folio Visa Corporate Cards are issued by Core Bank, pursuant to a license from Visa Inc.

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WHAT THIS MEANS FOR YOU:
When you open an Account, we will ask for your name, address, date of birth, and your government ID number. We may also ask to see a copy of your driver's license or other documents at any time. All Accounts are opened subject to our ability to verify your identity by requiring acceptable types of identification. We may validate the information you provide us to ensure we have a reasonable belief of your identity. If we are not able to verify your identity to our satisfaction, we will not open your Account or we may close the Account if it was previously funded. Your Account is subject to fraud prevention restrictions at any time, with or without notice.

Smart, fast purchasing and payments for hospitality where every second and dollar count.

© 2026 Folio Services, Inc

Email us: support@folio.co

3600 North Duke St #1197 Durham, NC 27704

Text us: +1 855 943 4102

Folio Services Inc is a financial technology company and not a bank. Banking products and services are offered by Core Bank, Member FDIC. Folio Visa Virtual Cards are issued by Core Bank, Member FDIC, pursuant to a license from Visa Inc.

IMPORTANT INFORMATION FOR OPENING A NEW ACCOUNT:
To help the federal government fight the funding of terrorism and money laundering activities, the USA PATRIOT Act requires us to obtain, verify, and record information that identifies each person who opens an Account.

WHAT THIS MEANS FOR YOU:
When you open an Account, we will ask for your name, address, date of birth, and your government ID number. We may also ask to see a copy of your driver's license or other documents at any time. All Accounts are opened subject to our ability to verify your identity by requiring acceptable types of identification. We may validate the information you provide us to ensure we have a reasonable belief of your identity. If we are not able to verify your identity to our satisfaction, we will not open your Account or we may close the Account if it was previously funded. Your Account is subject to fraud prevention restrictions at any time, with or without notice.