No matter if you believe it or not, trucking business can be complicated and boring at times. Surprised? So was I, but when I went a little deeper into my research of what trucking business is all about, I found out that there are several elements involved in the whole process that are not as enticing as conquering a fleet of enormous automobile giants.
The Trucking Software business is a lot more than the ability to bypass heavy traffic routes or uncertain weather conditions. There is an enormous and tiresome amount of paperwork that is involved in the maintenance of this business. Much thanks to the advanced maintenance software.
Every person who has a little knowledge of trucking establishments can easily judge what I am referring to in this article. Such an establishment requires loads of record keeping. From transit tracking to driver wages, IFTA is also known as Interstate Fuel Tax agreement receipts, general invoices, extra expenses spent on the wear and tear of trucks, areas covered during a transit route and ultimately the outcome of a transportation trip, that is, whether it was successful or not?.
These are records that have to be well maintained to run a trucking fleet running smoothly without the hassle of over or unnecessary expenses.
As you can see that all of these tiring ordeals involve a lot of statistics and record management. Its software like Exspeedite that prove out to be your source of rescue at this point of time. Trucking management software can be easily labelled as your digital personal assistants who maintain all the tracking data within themselves and bring it to your disposal whenever required.
Thanks to Exspeedite,
Now truckers do not have to be exhausted filling out piles and heaps of audit reports for their business activities. IFTA — is an agreement for fuel charge gathering and sharing for the redistribution of fuel charges paid by interstate business transporters.
There are 58 part purviews of IFTA, including 48 American states and 10 Canadian areas as well. Trucking Software establishments that qualify for an IFTA license for their fleet of vehicles get a permit to travel to other regions where IFTA is applicable which in result allows them to pay off only one-quarter of their actual tax amount in their organization’s base area for fuel usage.
If a fleet establishment of trucks is not registered with IFTA, they have to pay fuel taxes of all the jurisdictions that they travel to in full. Before the license of IFTA came into existence, drivers were required to buy a fuel license from each state in which they took a travel route. On top of extra charges due to the payment for permits, drivers also had to travel extra miles since the permit issuance centres were not always located along the way. During the 1980s, IFTA was brought into existence in this concern.
Throughout the following 15 years, practically the majority of the lower 48 and 10 Canadian Provinces also joined the Agreement. The basic concept behind the origination of this license was to get all the taxes to get calculated by a single authority and divided among other connecting areas pertaining to the city or mileage that was travelled within that particular jurisdiction.
The importance of IFTA license thus being asserted, truckers face an irritating issue regarding this permit, and that is the different amount of taxes from one state to another. Exspeedite can resolve this issue within no time at all. All you have to do is get an Exspeedite trucking software for your organization, setting up an IFTA card into your software is as easy as one two three. All you have to do is follow these simple steps.
Take your IFTA card and go to the “fuel card configuration” tab within your software. Go to edit FTP configuration and then hit the add FTP tab, enter the client id that is printed on your issued IFTA card. Next, click on the drop-down menu at card format and select the current format that your card has and then you can configure the rest of the general setup very quickly. Once you are done with the card configuration in your software, you can directly go ahead and import FTA rates.
Now, as you get a list of all the prices in a sheet merely click on the drop down to select your desired query and it will directly take you to the website where you can find out all the IFTA charges within your desired region. Once you are done with the import of the IFTA charges of your required region or zone, you would also be able to see if these rates are in terms of per vehicle, per state or mile.
An explicit graphic description of all the fluctuations rise, and lows of the charges are displayed directly yet demonstratively within your software thus saving you a lot of time and hassle whenever you are unsure of the expenses, you will have to face during a transit route. You can also find an informative tutorial on the Exspeedite website regarding the configuration of your IFTA cards properly and how to perform all this import of charges process correctly.
If you ask anybody experiencing manual record keeping for all their trucking Fleet Management Software business, they will say that it is seriously driving them insane. Thanks to tracking software like Exspeedite, you might not be one of those losing their sleep over financial management and time loss due to the record keeping of all these tiring ordeals.
Exspeedite actually lets you enjoy your trucking journey but wait, did I tell you it can show you the roadblocks coming ahead or how the weather is going to get you wet in the afternoon of a bright and sunny day? Hey, it has already done all the statistics; let the weather and road conditions be handled by some other relevant software, because after all at Exspeedite, we care for all. So, save the date and get your quote today to have a blissful business.
Leave a Reply