#Best expense tracker for self employed manual#
Mileage Expense Log requires a bit more manual intervention than other apps, and its interface is pretty spartan.Īvailable exclusively for iOS, Mileage Expense Log is one of the most affordable trackers you can get. These are by no means the only options, but they're representative of what's available. Fortunately, even the priciest services can pay for themselves pretty easily if you log a lot of miles, as you'll be recording (and getting credit for) trips you might otherwise have missed.Īs for the battery issue, these apps work their automatic drive-detection magic by keeping your GPS active at all times, which can definitely affect battery life.īelow I've rounded up three popular mileage trackers, all focused on the same goal, all very different in terms of pricing, features, interface, etc. Not bad, right? There are just two things to consider when deploying a mileage tracker: How much it's going to cost you, and how big an impact it's going to have on your battery.įor example, some trackers charge a monthly or annual fee, while others have an up-front cost. TripLog offers a ton of features, including the option of syncing with your OBD-II scanner. At the end of the year (or sooner, as needed), the app will crank out an IRS-friendly report, thus ensuring you receive all the mileage credit you're entitled to. Plus, will that log be properly formatted for IRS and/or reimbursement purposes?Īpps to the rescue! Thanks to your phone's built-in GPS, mileage-tracking apps can automatically detect when you go for a drive, then save and classify that drive. Assuming you actually remember to manually log the details of each and every drive, it takes time to record the date, destination, miles traveled and all that.
Indeed, business owners and the self-employed alike have long known the value of keeping track of their mileage. Going for a drive? If it has something to do with business, you might be able to get a deduction come tax-time, or a reimbursement from your employer.