The Best Accounting Software for Owner-Operators:  TruckingOffice or QuickBooks?

If you’d like to see if Bench is the right fit for your trucking company, try us for free. We’ll do one month of bookkeeping in one business day and prepare a set of financial statements for you to keep. Those in the trucking business who use this software can log in at any time to view account information, shipments, and invoices. This accounting software provides promising features involving tracking bills and payment schedules.

• With Keeper, you don’t need to stash your paper records all over your cab in preparation for tax time.
• Akounto accounting software supports double-entry bookkeeping, allowing you to monitor your company’s financial activity.
• Built for modern companies, Rose Rocket is a one-stop shop for trucking operations to track mileage, tax filing, and more.
• It doesn’t include payroll services or some of the features available in other accounting software, so you may want to use it in addition to one of the other software options.

You can add receipts you found behind your seat or in the sleeper… and they automatically go in the right place. You’ll always up to date so you know what a load costs you today – not last year and not three months ago. What if tax time took zero extra effort because all you had to do was click a button to get a ready to go tax report. What if you never had to worry about a hard drive crash wiping months, or even years, of your records. Every business owner knows the stress of not knowing how much money their business is making. It’s easy to slip up when you’re trying to think back to month-old conversations and purchases.

Best for Food Trucks

Odoo is an open-source accounting software that includes features such as invoicing, expense tracking, and inventory management. It is primarily aimed at small businesses and includes various other business tools. Rigbooks is an affordable option for owner/operators and small trucking companies operating up to five trucks. It includes features that help drivers and trucking company owners understand their cost per mile, so they know whether they’re making or losing money on each load.

This trucking accounting software is geared more toward accounting rather than an all-in-one solution for trucking companies. The features of this software include fleet maintenance, order management, payroll, and accurate accounting processes such as accounts payable, freight billing, and dispatch. Q7 is the best overall trucking accounting software because it’s all-inclusive, cloud-based and fully integrates with other industry-specific tools. TruckLogics streamlines bookkeeping by limiting manual record entry and delivering one-click financial reports. This includes finding work on load boards, driver and maintenance management, invoicing, and expense tracking. Along with QuickBooks, transportation management systems (TMS) are a popular alternative for standalone software.

Solutions

Concentrate your energy and run your dump truck business like a boss by analyzing your position using simple reports. A further assurance during tax season comes from the accounting software from Akounto, which will perform the calculation for you. We chose ZIpBooks as our accounting software for restaurants with the best price because it offers a free option, which is great if you want to try it out or only need limited features.

Trucking is a unique industry, so it has some unique taxes it needs to file. For example, trucking companies must pay the Heavy Highway Vehicle Use Tax or Form 2290. You’ll also have to pay income taxes, employment taxes and a fuel tax to the International Fuel Tax Association or IFTA.

✓ Provides one-on-one support

Truckers report liking the user-friendly system and find the software has all the basic tools to run their business. The driver settlements function lets you calculate driver pay by the mile, load percent, or a flat rate per trip. IFTA reporting is also easy thanks to Rigbooks importing the latest https://www.bookstime.com/ fuel tax rates for all jurisdictions automatically. Trucking management software is most often used by companies managing medium to large fleets. Owner operators and small fleet owners may have a hard time justifying the higher cost of a full TMS if they are unlikely to use the extra features.

• TruckBytes is a free tool for mainly managing your truckloads, deliveries, distance tracking and more.
• While Quickbooks can be used for trucking companies, some trucking-specific features are missing such as cost-per-mile calculations and IFTA reporting.
• The software can be accessed from an online connection, including mobile devices.

Tailwind TMS provides a full range of invoicing and bill payment features. It’s an ideal solution for businesses needing a comprehensive trucking management system. It does not include payroll or bank reconciliation but can integrate with Quickbooks to give a complete accounting service. While in-office personnel can be paid in-person on a regular schedule, truckers might be on the road when payday rolls around. Manage your payroll with trucking accounting software to address the often complex process of paying drivers.

Trucking Accounting Software Pricing

Well, we’ve reached our final destination in this truck driver accounting software review. Rigbooks helps truckers parse out things like load size, distance, and accounts receivable to know which trucking job will earn them the most profits. TouchBistro offers multiple monthly plans, with pricing that starts at $50 per month and goes up to $229 per month. There aren’t any long-term contracts, and you can contact TouchBistro directly to find out which plan is right for you.

… But it continues to help my parent’s run their one truck business – and you can bet that everyday I make Rigbooks better at helping my parent’s (and your) business succeed. Later, after working in the software industry a few years, I realized I could make a truly great program for her. Yes, Rigbooks provides English speaking email support for all customers. We do our best to respond to every email within just a few hours of receiving it. All tech support is handled in-house by the people that created the product. Yes, Rigbooks works on any computer and on any smartphone or tablet.

You’re our first priority.Every time.

We update our databases of the jurisdictions tax rates as early as we can to let you know what you’re going to pay. You can even use our report to figure out where you need to buy fuel to reduce those IFTA payments. Whether it’s a problem with the numbers or the software, there may be times when you need help from a professional. Some trucker accounting software will offer live support options, so you can talk to a professional accountant or tech support to help you manage your finances.

• They’d be happy to provide a list of
  free the best trucking accounting software recommendations
  that meet your exact requirements.
• Then, it helps you do your taxes quickly and accurately, with a team of tax assistants to review.
• The mobile app is well designed, intuitive and covers all the basic tools of management software for owner-operator truckers.
• It was founded in 2006 in New Zealand and is used around the world.
• But to choose profitable loads you NEED to know the true costs in your business.
• Similar to engineering accounting software, the software a trucking business chooses should provide them with the tools they need to run the operation smoothly.

SuiteTax calculates taxes on every transaction, and provides flexible reporting. It can provide key insights into your profits and losses so you can find areas to improve and grow your business. Always ensure that you adjust your monthly budget to reflect the expenses of your software as well.

If you would like a tax expert to clarify it for you, feel free to sign up for Keeper. It’s designed specifically for self-employed workers, truckers bookkeeping service so it has the forms you want, at no additional cost. You can even file in as many states as you need without being charged extra.