Skip to main content

Site Navigation

Your Account

Choose Language

Help

Original post by: Aaron ,

Text:

Jeff,

This is actually an issue for every company, not just trucking. The way most companies choose to manage this situation is to enter the expenses and income when you get them. So for your settlements you'd record the income when you get paid and not when you earned it. Yes this will run over into other months, however in the course of a year it will all balance out. The same will be for the expenses that show up on your settlement. It makes it much easier if you enter those transaction when you get the settlement, under the settlement date, rather than the exact day of the transaction.

I hope this helped. Please let us know what other concerns you have.

Aaron Yount

Status:

open