The IRS has requirements for how much money you can write off for an employee’s business miles. The reimbursement rate per mile changes every year, so it’s important to check irs.gov for changing rates, but every year, the IRS requires business to keep a log of the miles traveled, including destinations, and the purpose for incurring the mileage.
That can be a pretty tedious process, so to make life easier on you, just let ProOnGo do it for you!
First, it’s important you set the rate by which you reimburse mileage. Launch ProOnGo on your mobile app, then go to the Options tab. Select “Mileage Tracking” and enter the rate you want to use.
Then, when your employee creates a new mileage expense, the distance, rate, and amount of reimbursement will be calculated automatically.
Not only is mileage tracking made easy by ProOnGo, but with this set rate you’ll be more prepared in the case of an audit.
Did you know: You can sync these mileage expenses to QuickBooks with just a couple clicks. Check out how we track mileage in QuickBooks.