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GunMetal345's Tanker Lease Experience

Discussion in 'Prime' started by GunMetal345, Jun 30, 2013.

Page 4 of 28
  1. Jul 5, 2013 #31
    GunMetal345

    GunMetal345 Light Load Member

    158
    125
    Mar 31, 2013
    0
    First Settlement:

    I owe $124 this week. Can't wait until next Friday when I can give you the true grit.

    I'm still organizing things I may post a pick when I'm done.

    Later, GunMetal345 out!
     
    GunMetal345, Jul 5, 2013
    GunMetal345, Jul 5, 2013
    #31
    Boy Howdey and Wanderingaimlessly Thank this.
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  3. Jul 5, 2013 #32
    silenteagle

    silenteagle Road Train Member

    1,491
    795
    Oct 23, 2011
    Ozark, MO
    0
    How are you tracking your balance sheet?
     
    silenteagle, Jul 5, 2013
    silenteagle, Jul 5, 2013
    #32
  4. Jul 5, 2013 #33
    GunMetal345

    GunMetal345 Light Load Member

    158
    125
    Mar 31, 2013
    0
    I'm going to use Excel to track things for now. I will be looking for issues on every settlement but only plan on doing income sheet and balance sheet on a monthly basis.
     
    GunMetal345, Jul 5, 2013
    GunMetal345, Jul 5, 2013
    #33
  5. Jul 5, 2013 #34
    ironpony

    ironpony Road Train Member

    17,502
    12,015
    Sep 23, 2007
    Ask my GPS...
    0
    You can set it up to do all of that automatically with links. Data input on a monthly sheet (with five weeks,) link the monthly sheets to a monthly and quarterly balance sheet set up in a profit/loss format.

    Do your data entry Friday morning after you get your settlement emailed to you.
     
    ironpony, Jul 5, 2013
    ironpony, Jul 5, 2013
    #34
    Jrdude5 and Joe Leaphorn Thank this.
  7. Jul 5, 2013 #35
    Chucktaylor

    Chucktaylor Road Train Member

    1,065
    640
    Sep 26, 2012
    0
    are your settlements available online Wed night like company drivers? Im just wondering.

    I'm guessing maybe not since you mention getting yours on by email on Friday and i know ours are emailed very early Thursday morning (01-0300)

    You can't pin down an exact time company settlements are ready. However they're always up after 2130, and I've seen them up as early as 1930 Wed. night
     
    Chucktaylor, Jul 5, 2013
    Chucktaylor, Jul 5, 2013
    #35
    Jrdude5 Thanks this.
  8. Jul 5, 2013 #36
    ironpony

    ironpony Road Train Member

    17,502
    12,015
    Sep 23, 2007
    Ask my GPS...
    0
    Same here... I usually do mine Thursday night/Friday morning, depending on when I'm driving. Definitely no later than Saturday morning.

    With Excel (or the OpenOffice product) you can make it easy or hard on yourself. I just enter enough data to track the costs that I want to keep an eye on, miles, gross revenue, variable and fixed costs. About a dozen in all. Everything else is automated via the spread sheet.
     
    ironpony, Jul 5, 2013
    ironpony, Jul 5, 2013
    #36
  9. Jul 5, 2013 #37
    Wanderingaimlessly

    Wanderingaimlessly Medium Load Member

    445
    287
    Jun 18, 2013
    Los Angeles, Ca
    0
    If you didn't add all extras this week would the averages posted earlier be about correct from you? I don't believe you told us what you had added that is eating your profit this week. Would you mind giving a breakdown?
     
    Wanderingaimlessly, Jul 5, 2013
    Wanderingaimlessly, Jul 5, 2013
    #37
    Jrdude5 Thanks this.
  10. Jul 5, 2013 #38
    GunMetal345

    GunMetal345 Light Load Member

    158
    125
    Mar 31, 2013
    0
    It will be eaten up next week. I was only charged for my insurance and what I ate at the teminal this week. Everything will be on next week's settlement. Fittings, fridge and GPS are the big expences, about $1500. I spent about $300 out of pocket for tools and storage. It will take two to three weeks to normal up.
     
    GunMetal345, Jul 5, 2013
    GunMetal345, Jul 5, 2013
    #38
    Jrdude5, Joe Leaphorn and Wanderingaimlessly Thank this.
  11. Jul 6, 2013 #39
    Wanderingaimlessly

    Wanderingaimlessly Medium Load Member

    445
    287
    Jun 18, 2013
    Los Angeles, Ca
    0
    Hope you don't mind the questions. I think it was nice you were able to get all that from Prime before you went out. So the tools and storage were about 300.
    What kind of tools did you end up with?
    I am guessing the storage was for the seat?
    What GPS did you get?
    Thanks for taking the time to answer.
     
    Wanderingaimlessly, Jul 6, 2013
    Wanderingaimlessly, Jul 6, 2013
    #39
    Jrdude5 Thanks this.
  12. Jul 6, 2013 #40
    GunMetal345

    GunMetal345 Light Load Member

    158
    125
    Mar 31, 2013
    0
    I had to get a socket set and some wrenches. I had to buy everything I needed to do the job that they didn't sell at the company store. The storage was just containers to put my tools, spill kit and personal items in. They kept the seat for free, lol. I got that new Rand McNally that you can hookup to wifi and see the weather. Took me 2 hours to update it. The map update was huge.

    About to do my pretrip. Laters. GunMetal345 out!
     
    GunMetal345, Jul 6, 2013
    GunMetal345, Jul 6, 2013
    #40
    Wanderingaimlessly and Jrdude5 Thank this.
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