We assure you to provide peerless quality services with 100% commitment. With end-to-end solutions available, Online Trucking Solution offers full and streamlined integration of your system into fuel expense, GPS, factoring, IFTA Reporting, and many other reports.
We believe in growing together and that is why our customer care services remain open and uninterrupted 24/7 to help and support our customers at any hour of the day.
Running a business can be quite challenging, especially when it comes to managing expenses. Keeping track of receipts, invoices, and bills can be time-consuming and overwhelming. Fortunately, technology has made it easier to manage expenses with the help of expense tracker apps and expense management software.
In this blog, we will discuss six reasons why you need the best business expense tracker app for your company, whether you are a freight brokerage company or any other type of business.
In conclusion, the best trucking software app is an essential tool for managing expenses in any type of business. Whether you are a freight brokerage company or any other type of business, this app can help you save time, manage your finances more effectively, and stay compliant with tax laws and regulations. With the right expense tracker app, you can streamline your expense management process, allowing you to focus on growing your business.
You must comply with the International Fuel Tax Agreement (IFTA) regulations if you are a trucking business owner with multiple vehicles. With the right software, managing this program can be easy. Find out more in this article about the best IFTA calculator software for trucking businesses. So read on to find out which IFTA Calculator is best for your business!
What is IFTA?
The International Fuel Tax Agreement permits fuel tax reciprocity between Canadian provinces and US states. Trucker only needs to file one fuel tax return regardless of the number of jurisdictions they travel in. It's essential to have the best IFTA calculator software to make sure you're accurately calculating your fuel taxes.
Benefits of using an IFTA calculator software
Keep You Compliant: IFTA reporting can help keep you compliant with regulations. With so many rules and regulations surrounding the trucking industry, it can be difficult to keep track of everything. With IFTA reporting software, you can rest assured that you're always up-to-date and in compliance. This software can also help you avoid costly fines and penalties for non-compliance.
Save time: IFTA mileage calculator can save you a lot of time. Rather than having to calculate your IFTA mileage manually, the software will do it for you. It can free up a lot of your time so that you can focus on other aspects of your business.
Improve accuracy: IFTA state mileage calculator can help improve your mileage calculations' accuracy. The IFTA State mileage can automatically track your mileage and route information, which can help ensure that your calculations are more accurate.
Save money: An IFTA fuel tax mileage calculator can help a trucking company save money on fuel taxes. The calculator can help the company determine the best truck route to minimize the amount of fuel tax paid. The calculator can also help the company keep track of its fuel tax liability and ensure that they are paying the correct amount of tax.
Simplifies the process: Another benefit of using an IFTA calculator software is that it can streamline the process. It is because the software can automate calculating your mileage, making it much easier to track your mileage and ensure that you comply with the IFTA regulations.
Improve customer service: IFTA calculator software can help to improve your customer service. The software can help you provide accurate mileage information to your customers, which can help build trust and confidence in your business.
How to choose the best IFTA calculator software for your trucking business?
Ease of use: You shouldn't have to be a tech expert to use the software. Look for software that is user-friendly and easy to navigate.
Accuracy: Accuracy is probably the most important thing to look for. Make sure the software you choose is known for being accurate. Otherwise, you could end up paying fines and penalties.
Cost: There are many free options, but they may not be as accurate or user-friendly as the paid options. Choose the software that fits your budget and offers the features you need.
Customer support: If you have any problems with the software, you should be able to get in touch with customer support easily. Look for software that offers 24/7 support.
Reviews: Before choosing any software, read reviews from other trucking business owners; this will give you a good idea of what to expect.
Conclusion
Choosing the best IFTA calculator software for trucking businesses depends on your needs and preferences. We hope that through this article, you were able to find a solution that suits your company's specific requirements. With the right software, it is time to set your path toward improved automation and increased efficiency. So make sure to invest in good quality IFTA calculator software.
Entrepreneurs often face several intricacies to manage before their business is successful.
One responsibility that some owners may need to become more familiar with is tracking the fuel usage of their fleet of cars or other vehicles they own if they provide them to employees.
See how IFTA reporting software can help make your life easier in this article!
What is IFTA?
The International Fuel Tax Agreement between US and Canadian states allows trucking businesses to report fuel usage taxes. If a trucking business operates in multiple states, they only need to file one fuel tax report with its base state, and that report shares with all other IFTA member states.
It helps to simplify the process of filing fuel taxes and also helps to ensure that businesses are accurately reporting their fuel usage.
How to use IFTA reporting?
If you're a truck driver who frequently crosses state lines, then you're probably familiar with IFTA reporting. IFTA allows commercial vehicles to cross state lines without paying multiple fuel taxes.
To report your mileage for IFTA purposes, you'll need to keep track of your total miles driven in each state/province and the number of gallons of fuel used. You can easily use the IFTA reporting mileage calculator to track your mileage and fuel usage.
Enter your starting and ending odometer readings and fuel use, and the IFTA Calculator software will determine your total miles driven and calculate your fuel taxes owed.
Why should you track your fuel usage?
The following are the reasons to track your fuel usage.
Conclusion
You know tracking your fuel usage is essential if you're a trucker. After all, your business depends on it. That's why you should get familiar with IFTA.
IFTA makes it easy to track your fuel consumption and keep tabs on your tax obligations. It's essential for all truckers. So Don't wait. Start using IFTA reporting software today.
Business management has never been easier before; Online Trucking Solution is an all-in-one Trucking management software with multiple management tools to make decision-making easier. You can manage your truck mobility using this single software.
Flexible Trucking dispatch software: It helps manage your truckloads, whether Full Truck Load or Less Truck Load. Not only this, but you can also calculate the route's mileage with the help of Promiles Google map.
Business strategies using Business intelligence: Business intelligence is one of the most important for managing your business by studying market behaviors. Thus, the software also provides business support using business intelligence tools.
Integrated business tools: The Truck Management Software now supports your business by providing integrated solutions like EFS fuel, making your payment methods easier than before. It helps export your fuel expenses directly from your EFS account and saves them for future data referencing.
Data handling: Whether invoices of your client payments, every business transaction, or unpaid invoices and any other information related to your business can now be easily handled single-handedly by using Truck management software. Who needs an account when this software handles all your account management data.
IFTA Reporting: International Fuel Tax Agreement or IFTA is transactional details of all the fuel purchases throughout a financial year along with the tax while traveling interstate or international routes. The Software handles all your IFTA reports for efficient business management. It acts as an IFTA calculator software for your trucking management.
Truck maintenance schedule: Your business transports would require time-to-time maintenance and service for smooth logistical operations. Thus, the truck management software helps you schedule maintenance sessions for your logistical transports.
Tailored tools for your truck drivers: Truck softwares can be your driver's good friend, as it enables them to e-sign Bills of lading from wherever they are, as well as check their trip settlement details, upload receipts, and more. The uploaded receipts can be sent for approval then and conveniently with supportable smartphone software.
Management of Digital Documents: All your digital documents can now be safely managed with a single software. Digital documents are highly likely to get lost due to piling up hundreds of documents in a single system. But, the truck management software helps you create, store and manage your digital documents easily.
Email logs for business communication: To be a strategic and a good business manager, it is important to maintain a constant flow of communication with your team. The softwares have added an Email Log feature that enables you to track your business communication. You can access all your communication made from your official business account. [PROCEDURE: click on Email log]
Email alerts for your important events: You can now set an email alert or reminder for important business events you don't want to forget. There is no chance of you forgetting your important event dates anymore. [PROCEDURE: Settings > email-based alerts]
Text message alert for your Driver Dispatch Assignments: When you assign dispatch assignments or tasks to your truck drivers, you can also set Text message alerts. However, messages with more than 160 characters will be sent as more than one message at a time. [PROCEDURE: Dispatch> Driver and equipment > Text notification option > Edit ]
IFTA reporting to sort out your trucks: IFTA reports makes it easy for you to sort identical trucks through their updated status in the software. You can use filter options to identify which vehicle has been included in IFTA reports and which is not. [PROCESS: Click on Truck zone]
Mobile app update for your tasks: To conveniently track the progress of your maintenance and other different tasks, Truck management software has now come up with Mobile app updates that keep you updated with the progress of maintenance tasks and upcoming due dates of your license and payments. [PROCEDURE: Go to your mobile app > Dashboard > Truck zone > Tap any Truck or trailer]
Technological innovation has brought a revolutionary change to make your transport business much easier and more efficient. The trucking software makes it easy for a transport company to organize, manage, plan and customize data relevant to one's business management and growing relationship with the customers. This software comes with all-in-one features for managing your logistics operations conveniently.
WHAT WOULD YOU INVEST IN WHILE SIGNING UP FOR TMS?
Planning for loading and dispatch: A successful business results from strategic and advanced plan management practices. Trucking Management Software comes with one of the essential features for pre-planning your loading process and dispatch schedules. In the transportation business, this is an essential feature for optimizing Full Truck Loads and Less Than Truckloads so that your time, investment, and resources are efficiently utilized. One does not have to worry about the extra capacity left out during Less Than Truck Loads.
IFTA or International Fuel Tax Agreement: The IFTA or International Fuel Tax Agreement is one of the essential legal tools for incurring ethical security in your transport business. This agreement has been signed among US states and the Canadian provinces for paying taxes on motor transport travel between US and Canada. The IFTA feature in this trucking software makes it easy for your business, free from all the required paperwork. This feature makes it easy to calculate all the taxes required for the business to pay for the international transport route. Regarding legal paperwork, it becomes annoying to manage and keep up-to-date paperwork for all the tax-related information, which is taken care of by this trucking software.
Truck tracking: In the transport business, one of the most important parts of management is to track the route of the truck it travels and monitor the estimated time it would reach your customer. To build good relationships with your customers, you must deliver 'in-time' services. This can now be done easily with the help of this single software. In other words, the tracking feature can also be used as a major KPI (Key Performance Index) for monitoring the performance of your drivers and ensuring that they are dedicatedly working to serve your customers.
Invoice: Business efficiency is one of the most important factors for managing a business. Sending bills, keeping records, and staying updated are essential business practices. This Trucking Management Software easily generates bills for the customers and keeps a record of those instantly for the business. From the first stage of purchase to the last stage of delivery, the invoice feature helps keep a record of the transactions being made during purchase.
Truck routing: This feature enables a business owner to plan and track the route for an 'in-time' delivery. With this feature, one can make plans for the routes unknown to the truck drivers.
Management of truck drivers: A successful business is also about managing your human resources and keeping records of every employee that works with your business. In the transport business, the truck drivers are the major human resource of your company, and their details need to be recorded to manage your business. This software has the facility that keeps a record of all the responsible drivers for each truck.
Payroll: Have you ever heard of software that works as a payroll management tool too? This Trucking Management Software enables you to manage the payroll functions of your business by enabling you to keep track of the payment day and dispatching payments in time. This enables your business to maintain a good relationship with your employees, too, as it helps you manage your payroll responsibility sincerely.
OTS Trucking Management Software is the tool that you have been looking for. This software has all the features mentioned above and is one of the best in the market.
If you're unfamiliar with the transport industry, you might be surprised to learn that truckers used to be needed to obtain fuel licenses from every state along their route. This requirement made computing and delivering fuel taxes a time-consuming and inefficient operation for everyone involved. However, with the establishment of the International Fuel Tax Agreement (IFTA), the procedure became simpler.
The International Fuel Tax Agreement (IFTA) allows US states and Canadian provinces, referred to as jurisdictions, to receive their good proportion of fuel use taxes. Drivers only report distance to their home state, responsible for distributing fees to the jurisdictions along the driver's path. This method saves everyone a huge amount of time, paperwork, and problems.
The IFTA is crucial for the trucking business and the security of our roads for other reasons.
All commercial motor vehicle (CMV) operators and vehicles must meet specific standards under IFTA, which keeps all on the same page. Licenses and decals must be renewed on an annual basis. In addition, IFTA reporting must be completed quarterly to guarantee that all taxes are paid on schedule.
To hold everyone responsible, fines are enforced for late reporting or payment. This approach also increases efficiency by resolving errors or missed payments continuously. Drivers with expired licenses or decals may be temporarily removed from service, which can be disastrous for some organisations.
Driver weariness is a persistent issue in the professional motor carrier business. Sleepy drivers are involved in more than 14 % of truck collisions. One of the factors contributing to a driver's weariness is the sheer quantity of documentation they must complete daily. Rather than returning home and snuggling into bed for a good rest, drivers stay up all night filling out paperwork and reports. IFTA eliminates some paperwork, lowering driver fatigue and enhancing highway safety.
Truckers are essential for the nationwide distribution of goods in the United States. Truckers must rely on highways, bridges, tunnels, and other transport systems to deliver their products. Presently, the United States has a queue of infrastructure maintenance that, if completed, would improve roadway stability and security. Fuel taxes are a method of achieving this goal. As a result of the IFTA mileage calculator software, fuel usage taxes are effectively gathered and paid, allowing governments to use the funds to enhance roadway conditions as necessary.
Most truckers dread when they hear the phrase IFTA reporting. This is because quarterly results can be time-consuming and complicated, particularly for truckers who still complete them by hand. It is stressful to calculate taxes on fuel for every quarter because mistakes can result in the termination of your IFTA authorization. Help ensure you have all gasoline purchase records, a log of miles driven by state, and updated IFTA tax rates before calculating the payable tax with the help of the IFTA calculator.
We assure you to provide peerless quality services with 100% commitment. With end-to-end solutions available, Online Trucking Solution of...
