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Accounting Software for Trucking Expenses

2026-08-21

Accounting Software for Trucking Expenses
Photo: Polina Tankilevitch / Pexels

Learn how to choose accounting software for trucking expenses. Compare features, costs, and practical steps to track income and deductions effectively.

If you’re a truck driver or small fleet owner, tracking expenses is not optional. The IRS expects accurate records, and your profit depends on knowing where every dollar goes. Accounting software designed for trucking can automate mileage, fuel, and maintenance tracking, saving you hours each week. This guide explains what to look for, compares popular options, and gives you a step-by-step plan to get set up.

Why Trucking-Specific Accounting Software Matters

Generic accounting tools like QuickBooks or Xero work, but they lack trucking-specific features. You need to track:

  • Fuel purchases with state-by-state breakdowns for IFTA reporting
  • Mileage for per diem and deduction calculations
  • Maintenance and repairs by vehicle
  • Tolls, scales, and lumper fees as separate categories
  • Per diem (if you use the flat rate method)

Trucking software often includes these categories out of the box, plus integrations with ELDs and fuel cards. That means less manual data entry and fewer mistakes at tax time.

Key Features to Look For

When comparing options, focus on these features:

  • IFTA reporting: Automatically calculates miles per state and fuel gallons, generating the report you need quarterly.
  • Mileage tracking: Either via ELD integration or manual entry. Look for one that can separate loaded vs. empty miles.
  • Fuel tax reporting: Tracks fuel purchases by state, including fuel tax paid.
  • Expense categorization: Pre-set categories for common trucking expenses, but customizable.
  • Receipt capture: Mobile app to photograph receipts and attach them to transactions.
  • Invoicing and billing: If you work with brokers or shippers, you need to create invoices and track payments.
  • Bank and fuel card integration: Automatically imports transactions from your business bank account and fuel card.
  • Reporting: Profit and loss by truck, per-mile cost, and tax summaries.
  • Cloud access: Access from your phone, tablet, or laptop, anywhere.

Here are five options commonly used by owner-operators and small fleets. Prices are as of early 2026 and may vary.

Software Best For Starting Price (Monthly) Key Features
TruckLogics Owner-operators $35-$70 IFTA, mileage, expense tracking, dispatch, ELD integration
Axon Small fleets $50-$100 IFTA, fuel tax, maintenance, payroll, dispatching
AtBS Small fleets $60-$120 IFTA, fuel tax, driver settlements, maintenance
QuickBooks Self-Employed Simple tracking $15-$30 Mileage, expense, invoicing, but no IFTA
Excel/Google Sheets Budget-conscious $0-$10 Manual tracking, requires setup, no automation

Note: QuickBooks and Xero are general accounting tools, but you can add trucking apps like TruckLogics to handle IFTA. That may be a good option if you already use QuickBooks.

Step-by-Step: How to Get Started This Week

  1. List your top 5 expenses: Fuel, repairs, tires, food, and lodging are common. Write down what you spend in a typical week.
  2. Choose a software: Based on the table above, pick one that fits your budget and needs. If you’re just starting, TruckLogics or QuickBooks Self-Employed are good entry points.
  3. Set up your account: Create your company profile, add your truck(s), and connect your bank and fuel card accounts.
  4. Enter your starting odometer reading: This is critical for mileage tracking.
  5. Categorize your expenses: Customize the categories to match your actual spending. For example, add “Tolls” and “Lumper” if you pay those.
  6. Download the mobile app: Use it to photograph receipts as you get them. Make it a habit to snap a photo immediately after a purchase.
  7. Run a test report: At the end of the week, generate a profit and loss report. See if the numbers make sense.
  8. Set a weekly review time: Every Sunday, spend 15 minutes reviewing your transactions and categorizing any that were missed.

Common Mistakes to Avoid

  • Mixing personal and business expenses: Open a separate business bank account and credit card. This makes accounting much easier.
  • Not tracking cash purchases: Even small cash outlays for coffee or showers add up. Record them immediately.
  • Ignoring IFTA until the deadline: Log miles and fuel regularly, or you’ll scramble at quarter end.
  • Choosing software that’s too complex: If you’re a solo driver, you don’t need a fleet management system with payroll. Start simple.

FAQ

Q: Can I use QuickBooks for IFTA reporting? A: QuickBooks itself doesn’t calculate IFTA, but you can integrate with apps like TruckLogics or use a separate IFTA spreadsheet. For automatic IFTA, choose a trucking-specific software.

Q: How much does trucking accounting software cost? A: Expect to pay $15 to $120 per month, depending on features and number of trucks. Many offer annual discounts.

Q: Do I need accounting software if I use a tax preparer? A: Yes. Your tax preparer needs accurate records. Software makes it easier to provide organized reports, which can lower your preparation fee.

Q: Can I track per diem with these tools? A: Many trucking software options allow you to set a per diem rate and track days on the road. Check the features or use a separate per diem log.

The Bottom Line

Accounting software for trucking expenses is an investment that pays off. It saves time, reduces errors, and gives you a clear picture of your business. Start with a simple tool like TruckLogics or QuickBooks Self-Employed, set it up this week, and make a habit of recording expenses daily. By tax time, you’ll have everything organized and ready, and you’ll know exactly where your money is going. Don’t wait until April to figure it out. Get started now.