Tracking Business Mileage
Why you should use digital technology to improve your mileage logging
Why track mileage?
As a contractor or travelling small-business owner, tracking mileage is crucial. It is a core expenditure and managing your business miles is important. But the process is difficult and time-consuming. As contractors and business owners have a busy to-do list, totting up all those miles and reporting it isn’t always a central concern. First, as an individual the financial burden can be personally noteworthy – as a few forgotten trips can add to a real burden on your cashflow – not the company’s. Secondly, HMRC penalises companies that don’t track mileage and have a functional reporting system. Tracking mileage is therefore a critically important issue, regularly overlooked.
What can you do?
As a small business owner or contractor, you need to use a digital GPS-powered mileage tracker. Prestige Business Management has created a functional resource that can help business owners and contractors alike, the Prestige Business Management App with GPS mileage tracker. Available from both the Apple App store and Google Play store today. The app has a range of functions that can help manage mileage tracking.
Prestige Business Management Mileage Tracker
The app utilises the built-in GPS system to digitally track trips. The app has a digital ‘start trip’ button and this allows users to manage journeys. In addition, forgotten trips can be logged manually. Once completed trips are logged into a trip database, it is fully viewable and can be exported in XLS format making it easy to integrate with your accountancy software and approach.
The Prestige Business Management mileage tracker app can help you utilise your mobile phone GPS signal whilst helping you digitise your mileage tracking and reporting activities. Thus, helping you to stay on the right side of the HMRC and helping to end the drudgery of totting up mileage on a back on an envelope. The app can save you time, money and energy. Download it today!
If you are looking for an accountancy service with a disruptive digital edge, why not get in contact with Prestige Business Management today? Our qualified staff can help you navigate the pitfalls of tax digitisation and we can help setup your free Prestige Business Management app and we can advise you on your mileage tracking and monitoring endeavours based on your specific needs. Call us today on 0203 773 2927 for more information.