Instead of wasting your time and energy on Excel, try this Excel mileage log, a program that does all the work for you. With this printable mileage log, self-employed and small businesses owners can easily keep track of their vehicle mileage log, business expenses, and more.
What should a Mileage Log Book include?
Are you wondering what should go into a mileage log book for IRS purposes?
A mileage log book should include the following information:
- Your name, address, date of travel, business purposes, and number of miles traveled.
- You may also include notes about the trip, such as descriptions of the locations you visited, meals you ate, and important details about your interactions with customers or clients.
- Maintain your odometer readings, and points of departure and arrival for all your trips. This is important for IRS purposes.
Excel Mileage Log – Is it still a good idea?
Let’s take a look at why you might want to keep an Excel mileage log in the first place.
See where your driving habits stand. This can help you see where you can make improvements, such as speeding or driving too close to the edge of the road.
- Make sure to keep your mileage log as accurate as possible. This means recording the exact date, time, and location of each drive. If you can, also record the weather conditions and traffic conditions at the time of the drive.
- Include all of your driving activities in your mileage log. This includes both long rides and short trips.
- Track your mileage. Tracking your mileage can be helpful in monitoring your fuel efficiency, which can save you money on your gasoline bill.
- Maintain an accurate mileage log. This can be a great way to document your expense report to claim IRS mileage reimbursement.
Excel vs Mileage Tracker App
If you’re looking for an accounting software that is easy to use and can be synced with your other devices, then Excel may be the perfect option for you. This app allows you to keep track of your mileage and other information in a simple and organized manner.
However, when you need an app that can track your company mileage in more detail, then the mileage tracker app may be a better option for you. This mileage app allows you to track your mileage in different formats, as well as track your progress over time.
This mileage software will use a predetermined mileage rate and an IRS mileage log template to create accurate records for IRS purposes.
Introducing MileageWise
If you are tracking your mileage for tax purposes, using an Excel template can be time-consuming and frustrating. MileageWise offers a free Excel IRS mileage log template that self-employed persons and small business owners can download to fulfill the basic requirements of the IRS.
However, MileageWise’s mileage tracking app, which offers more features and flexibility, is a better mileage software option with its manual, Bluetooth, and Plug’n’Go auto-tracking methods and its in-built IRS auditor. You can get MileageWise on the App Store and Google Play Store.
