Which split rule is right?
Most partnerships land on fixed-equal-hourly-as-flown: everyone pays the same share of the hangar and insurance because the airplane is equally available to all, while fuel and reserves follow the tach. Equal-everything suits partners who fly alike; pure by-hours punishes nobody for a slow month but makes fixed costs volatile.
What belongs in the hourly number?
Fuel (or your wet-rate fuel share), oil, and reserves for engine, prop, and avionics. If it wears out by the hour, it should be paid by the hour - that is what keeps the low-hours partner from subsidizing the high-hours partner.
This is what Resyrv automates, right?
Exactly this. Every flight posts its Hobbs or tach against the pilot, the split rule you configured applies automatically, and the month closes with a statement per partner - no spreadsheet, no chasing.