Mileage tracking is keeping a record of the miles you've driven for reimbursement or tax deduction purposes. This means that every mile you've driven to do business (ex. to purchase work supplies or meet clients) can be deducted from your taxes or reimbursed to you.
The IRS may audit your business at any time, so it's important to keep your data clear and organized. Also, using a mileage tracker eliminates the need to manually write down each mile for your records.
How Will Everlance Help Me Track my Mileage?
- Automatic Trip Recording
Turn on Automatic Trip Detection and let Everlance do the work for you. The app will begin tracking when the car is moving, detect the location, and calculate the mileage deduction.
- Track your expenses and revenue
Sync your bank and credit cards to the app to help automate all of your expense tracking. Add receipts and notes to each expense.
- Classifying Trips and Transactions
Categorize a trip or transaction as business or personal. Everlance will add up the mileage totals for you.
- Create a Data Export of your personal and business drives
Generate spreadsheet or PDF (Premium) reports for trips and transactions at any time. Create quarterly, monthly, or yearly reports that are sent to your email address.
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