Accounting for transportation and trucking
Trucking and transportation businesses depend on freight billing, fuel and equipment. Keeping receivables, vehicle costs and driver pay organized is essential to running a profitable operation.
Common challenges we solve
Freight bills and receivables
Every load invoiced and followed up, so receivables are collected promptly.
Fuel and equipment costs
Fuel, repairs and depreciation on trucks and trailers tracked properly, so you claim everything you're entitled to.
Owner-operator tax
Instalments, deductions and GST for owner-operators, planned in advance to avoid an unexpected balance owing at tax time.
Frequently asked questions
Can long-haul drivers deduct meals?
Yes. Eligible long-haul truck drivers can deduct 80% of meal costs while on the road, instead of the usual 50%. The CRA also allows a simplified method that uses a flat rate per meal, so you don't need every receipt.
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