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Released April 2011, ProfitGauges is the simplest yet most efficient accounting program for your trucking business.

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Discussion Topic

Compay vehical write-off catagory

I'm incorporated and use my pickup as a company vehical, where or what catagory do I put items like fuel, maintenace, insurance for it. (I would think ins would be easy under insurance cat sub folder company car, its the fuel and maintenance I'm not sure of)

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Is the sole purpose of the pick-up for business or do you use it for personal things too?

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strictly business, I have another car for personal use. So now I can deduct all the maintenance, fuel, registration, insurance etc for the company vehical. I really dont put that many miles on it so I think I'm better off this way than writing miles off for personal vehical use

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I do the same thing and just include all expenses with my "big" trucks.

I was also told to keep a detailed log even though I don't claim mileage.

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Yeh I should probably do the same, I was concerned adding company vehical expenses might skew my maintenance and fuel costs for my big truck

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bob will be eternally grateful.
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