Mileage Tracker Try Our Automatic Mileage Log

Manual mileage logging offers opportunities for fraud–Employeeexpense fraudcosts U.S. businesses $2.8 billion per year. The self-employed can take advantage of many business-related tax deductions, including the mileage deduction. And for many, such as rideshare drivers and delivery service providers, mileage is one of the largest tax deductions they claim.

Motolog is a comprehensive yet simple-to-use automotive management system that keeps track of your fuel mileage, petrol costs, fuel economy, and vehicle expenses. You can track up to two vehicles for free, keep data history in the cloud for two weeks, and receive up to five reports each month with the free plan. Each journey can be classified as personal or professional. You can create and see useful statistics and charts for costs, fill-ups, fuel prices, distances, and other variables for multiple vehicles.

The Best Ways to Keep Track of Clients in the UK

Whether you’re a rideshare driver or long-distance truck driver, you already know the importance of tracking your mileage and expenses. Automated mileage and expense tracking software also help eliminate non-compliant or fraudulent claims, keeping businesses in an audit-ready state at all times. In fact, they can help reduce reimbursement cycles by up to 5x.

Unfortunately that same design often limits its usefulness. We took a deeper dive with our review of the 5 Best Mileage Tracker Apps For Small Business 2020 Tax app, grading it on its features and benefits for delivery contractors. Their paid version is also at that $5 per month level if paid annually, and $8 per month on a monthly basis. It does let you add expense categories, which is a huge improvement over Quickbooks and Stride.

Top mileage and expense tracking apps in 2022

The five apps we picked can all help organize your business finances in real-time, streamlining your project management and allowing you to focus on what matters most. With QuickBooks, you can set up recurring bills and keep a record of bills you have paid by check. You can also set up vendors, control expenses incurred, and pay multiple vendors and bills simultaneously. Automated expense reporting, which allows employees to submit their expenses on the go, right into the app, to help simplify approvals.