If you have an account with both Dubsado and QuickBooks, you are able to integrate the two services, allowing invoices and actions done within Dubsado to reflect on the QuickBooks side. While Dubsado offers bookkeeping features suitable for most business owners, some people prefer to have a deeper overview of their financials: enter Dubsado's integration with QuickBooks. QuickBooks is aimed primarily toward small and medium-sized businesses and offers robust bookkeeping functionality. If you aren't familiar with it, QuickBooks is an accounting software developed by Intuit. They also have more features than the browser-based version of QuickBooks Online, like maps, rules, and easier designation of trips as business or personal.If you scroll through the Dubsado Facebook community, you'll see a lot of people talking about how they utilize a program called QuickBooks alongside Dubsado. Versions are available for both Android and iOS, and they’re different from each other. You can launch this and have it record your mileage automatically as you’re driving. The easiest way to track your mileage in QuickBooks Online is by using its mobile app. QuickBooks Online doesn’t track these deductions, but you’ll at least have a record of the miles driven. Obviously, the IRS wants you to keep careful records of your charitable mileage, and QuickBooks Online can provide them. You can also claim the cost of parking and tolls, as long as you weren’t reimbursed for any of these expenses. Be sure to check with the IRS yearly tax code, as they update the mileage amounts annually.Īnd if you do volunteer work for a qualified charitable organization, the miles you drive in service of it can be deducted at the rate of 14 cents per mile. Note: Medical mileage is only deductible if medical exceeds a certain percent of AGI. For the tax year 2022, you can deduct 18 cents per mile for your travel to and from medical appointments. If you use your vehicle(s) for personal as well as business purposes, tracking some of those miles can also mean a tax deduction. When you select a trip in the Mileage table, you can mark it as personal so it’s not included in your business tax-deductible miles. Now, the trip will appear in the Personal column and will not count toward your business tax-deductible mileage. In the black horizontal box that appears, click the icon that looks like a little person, then click Apply. If you want to designate a trip as personal, click the box in front of the trip on that table. The trip will appear in the table on the opening screen, and your current possible total deduction will be in the upper left corner, along with your total business miles and total miles. You’ll select the business purpose and vehicle and indicate whether it was a round trip. In the pane that opens, you’ll enter the date of the trip and either the total miles or the start and end point. Click Add Trip in the upper right corner. You can download trips as CSV files or import them from Mile IQ, but you’re probably more likely to enter them manually. Do you own or lease it, and on what date was the vehicle purchased or leased and put into service? Do you want to have your annual mileage calculated by entering odometer readings or have QuickBooks Online track your business miles driven automatically? When you’re done making your selections and entering data, click Save. You’ll need to supply the vehicle’s year, make, and model. You’ll need to supply information about your vehicles before you can start entering trips. Click the down arrow next to Add Trip in the upper right corner and select Manage vehicles. The screen that opens will eventually display a table containing information about your trips, but you must do a little setup first. To get started, click the Mileage link in QuickBooks Online’s toolbar. If you use QuickBooks Online’s mobile app, it can track your miles automatically as you drive (as long as you have the correct settings turned on). You can either enter the starting point and destination and let the site calculate your mileage and deduction or enter the number of miles yourself. Its Mileage tools include simple fill-in-the-blank records that allow you to document individual trips. QuickBooks Online offers a much better way. If you do rack up a lot of business miles, you probably forget to track some trips and end up losing money. After all, it’s a pain to keep track of your tax-deductible mileage in a little notebook and do all the calculations required. If you drive even a little for business, it’s easy to let mileage costs slide. Consider getting a tax deduction for your business mileage. With gas prices so high, you need to track your travel costs as closely as possible.
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