SIMPLE BOOKKEEPING FOR SELF-EMPLOYED
Effortlessly capture all of your expenses with secure integration with your bank and credit cards using QuickBooks’ self-employed accounting tool. Automatically classify income/expense categories based on your custom bank rules. Run your business better and smarter.
Securely connect to banks and credit cards and automatically download transactions. Set rules to auto classify for tax-ready reporting.
Gain more visibility and control over your business expenses and optimize for lower tax liability and better business decision-making.
Keep a record of all your transactions including photo receipts of cash transactions for tax compliance.
TRANSACTIONS
To ease business expense tracking, TripLog’s mileage tracker can automatically import transactions directly from your bank or credit card account.
SOLVING TEDIOUS DATA ENTRY
Set bank rules to automatically classify and categorize each business transaction as an expense or income with a tax savings lens. Glance through the easy-to-read reports and charts and gain insights into your cash flow and business growth.
BANK/CARD INTEGRATION
Find your bank from over 10,000 US and Canadian banks and financial institutions we connect with, including PayPal. Let it automatically sync with your bank and access your business transactions anytime anywhere.
ALL YOUR ACCOUNTS
You know how to run your business the best – but do you know your cash flow? Get connected and stay on top of your financial situation. What’s in your wallet?
TAX DEDUCTION
Never lose a business receipt no matter where you go. Snap a photo and attach it to your expense entry for digitized records and be prepared in case of a tax audit.
BOTTOMLINE
Get the most of the TripLog business revenue and expenses tracking tool. Let us do the heavy lifting so that you can focus on your business growth and bottom line.
SMART BUSINESS OWNERS CHOOSE SMART TOOLS
Ever wonder how to get the most tax benefits out of the gig economy? From tolls and parking to car washes and water bottles, we cover them all. Simply snap a photo of the receipt, or better yet, connect to your bank and credit cards and let us automatically download all the tax-deductible expenses.
As a realtor, you no doubt have a lot of paperwork to file and organize. Why not leave the tedious expense tracking to TripLog? From advertising and marketing to association fees, licensing, and gifts, many of your major expenses are tax-deductible. Maximize your tax deductions by taking advantage of TripLog’s bookkeeping and auto-classification features. Make tax preparation like a breeze.
No matter how you choose to run your small business, either as a self-employed freelancer or a small business with a few employees, it’s important to get a handle on your books by tracking your mileage, business income, and expenses. With TripLog’s new bookkeeping feature, you can easily track vehicle mileage, securely download bank transactions, seamlessly integrate with QuickBooks Online, and confidently maximize your tax deductions.
TripLog is loved by tens of thousands of tax professionals because of its ease-of-use and IRS compliant reports. Now, accountants and bookkeepers can also use TripLog for their clients in a similar way as QuickBooks Online Accountants. With our new “TripLog For Accountants” feature, you can access all your clients’ reports on a single dashboard and choose to offer TripLog as a value-added service to your practice.
Using outdated manual mileage logs can cost businesses thousands of dollars per year in lost time and incorrect reimbursements. See how much TripLog can help you save!
Number of drivers
Average miles daily per person
Number of trips daily
Cents-per-mile
Annual mileage reimbursement costs based on the numbers you provided.
Annual Mileage Reimbursement
50 mi/day x 100 drivers x $0.54 (5 days x 50 wks)
$675,000
This is the inline help tip! You can explain to your users what this section of your web app is about.
According to research, on average employees inflate the mileage by 25% when self reported.
Estimated Reimbursement Savings
$168,750
People on average spend 2 minutes on manually recording trips.
Manual Entry Hours
2 mins x 10 trips/day x 100 drivers (5 days x 50 wks)
8,334 hr
Taking national average $25 hourly rate.
Estimated Labor Savings
Avg. $25/hr x Manual Entry Hours
$208,334
Your Company
(Labor Savings + Reimbursement Savings) / Number of Drivers
$4,167
