wallaby Agent Milage

Mileage is a non-cash expense. As such, Wallaby manages mileage expenses separately from cash & cash equivalent expenses. You can enter your mileage however you want: by trip, daily, weekly, monthly, quarterly, by client. Insert the summarization parameters (e.g. date from and date to) in the Place From and Place To fields. Or not use the mileage entry at all. The IRS still requires your written log, so the purpose for entering mileage into Wallaby is to calculate mileage expense (using IRS mileage rates) for your net income and your employee’s reimbursable expenses.  Consult your accountant to determine whether Wallaby would satisfy the requirement for a written log.

 

Back to wallaby page

 

 

  

Contact us to find out how Wallaby can increase your bottom line, 'mate!