Automated Expense and Mileage Tracking App
We can provide a fabulous, well-proven smart phone App that helps business owners and contract workers easily track deductible expenses. Through the ease of automating and simplifying tedious accounting processes, you will make sure no deductible expense falls through the cracks. It performs mileage and expense tracking on autopilot using the navigation systems in your phone. No more wasted hours typing data into spreadsheets or expense reports. Ditch those complicated software programs and let the App do the work for you.
How the Mileage and Expense App Works
- Using your smart phone, you take a photo of the receipt.
- The App reads the photo, emails and matches it to the correct bank or credit/debit card.
- Then it fills in any missing data required by the IRS and categorizes the transaction.
- Provides a detailed map highlighting the exact route you took.
- Details full beginning and end addresses (Not just a city).
- Matches the needed detail to appointments in your calendar.
- Essentially, every mile is tracked and all the necessary data is captured to ensure every deductible mile is actually deducted. It is effortless... The App simply tracks all your driving using your smartphone's GPS.
On average, customers only need spend 12 minutes per month reviewing expenses and mileage through use of this App. Besides saving you time, the App will also ensure that your records are tax compliant. It is one of the only automated accounting products to do so.
At the end of the year, you simply print off an audit compliant report and hand it to your tax professional. It makes tax preparation that much easier. The report includes a Profit and Loss statement, complete driving log, pictures of all your receipts and any notes needed for compliance.