Ah so u cant just scan a bill or receipt etc in the computer and it copies all the info u need nm into a speed sheet form??
Kevin Rutherford Profit Gauges?
Discussion in 'Ask An Owner Operator' started by Flipflops, Dec 31, 2015.
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Good afternoon,
I’m a Newley O/O and I’m having doing all my book keeping myself (I am using number on a Mac computer) the only issues I’m having or doubts I’m having is when it comes down to categorize the different expenses.
Any advise or help would be highly appreciated -
Generally, categorizing is more or less loose. It does not have to be word for word. For example, you can combine repair and maintenance, parts and additives, taxes and professional fees, parking fees, hotels, showers etc. I'd leave such things as fuel purchases and loan payments as stand alone categories. -
Great that’s pretty much what I have. Part/maintenance/repairs/ etc etc. thanks
Rideandrepair Thanks this. -
I’ve been doing it that way for years. Saving receipts. Fuel-Maint/Repairs.-Tolls- Scales and washes. Adding the last 2 together per Accountants suggestion. Doesn’t really matter. The big catch all is Misc. Everything else. Ink- motel- showers- gloves- printer- you name it.
FloridaRetired Thanks this.
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