General Business ServicesExpense Tracking3MediumOwner$ implied

New LLC owner struggles to track and reimburse shared expenses between business and personal accounts, worried about manual calculations for tax-deductible percentages.

42
0
Opp. Score
42
Severity
3Medium
Willingness to Pay
implied
Added
May 26, 2026

Workarounds Described

  • sits down every month to crunch numbers on gas percentage
  • considers using one card for everything then paying back

Implied Software Gaps

  • AI-powered expense tracking that auto-splits mixed-use transactions
App Concept

SplitSmart

SplitSmart automatically categorizes and tracks shared expenses between business and personal accounts. It links to your bank and credit cards, uses AI to detect mixed-use transactions, and calculates deductible percentages for taxes. No more manual crunching—just approve suggested splits and generate reports.

Key Features
  • AI-suggested expense splits based on location and time (e.g., gas trip to client and grocery store split automatically)
  • Linked bank/card feeds with one-tap categorization business or personal
  • Auto-calculated deductible percentage for shared items like rent, phone, subscriptions
  • Monthly report exportable to accounting software (QuickBooks, Xero)
Target Users: New sole proprietors and LLC owners managing multiple small businesses from home, typically 1-10 employees
Revenue Model: $12/mo basic (2 linked accounts), $29/mo pro (unlimited accounts + tax reports)

Existing Solutions Mentioned

personal card for everything then pay backmanual monthly calculations

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