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This documentation is for an upcoming release of the new Business & Personal tier. Both the product and the documentation may change before release. |
The Mileage Tracker is a standout feature within the Business Dashboard of the Business & Personal (B&P) tier. Designed with busy professionals in mind, this robust tool simplifies the task of tracking both your business and personal mileage. In this comprehensive guide, we'll take you on a journey through the ins and outs of the Mileage Tracker, helping you understand how to utilize it effectively and stay on top of your mileage records. Whether you're a seasoned road warrior or just exploring the world of financial management, this page is your go-to resource for mastering the art of mileage tracking. Let's explore how the Mileage Tracker can streamline your record-keeping and make managing your mileage a breeze!
Navigating the Mileage Tracker Card
1. Overview:
At the very top, you're greeted with the title, " Mileage Tracker. " This card offers a summarized view of your mileage for easy reference.2.
Date
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Range
The date range at the top right :
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of the card allows you to select the
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3. Potential Tax Deduction:
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date range you want to view. You have a few options.
Potential Tax Deduction
This is where the journey meets the savings. The displayed amount, e.g.,
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$85.
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15, shows your estimated tax deduction based on
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your traveled miles.4.
Rate Per Mile
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Next Above to the "New Trip" button, you'll notice the rate - $0.655 per mile in 2023. This is the standard rate used to calculate your potential tax deductions. Think of it as the gas price for your fiscal vehicle.5.
Total Mileage:
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Next to the odometer symbol is your total mileage, e.g., 40, reflects the distance you've journeyed. Every mile matters, and this keeps the tally.
6. Trips:
Location Pin Symbol: A straightforward count, e.g., 2, of how many trips you've undertaken. Each pin is a story; this number tells you how many tales you've penned.
7. New Trip:
Plus Symbol (+): This button is your gateway to logging a new journey. One click and you're on the road again (virtually speaking).
8. View All Trips:
At the card's base, this link opens up a detailed view, much like unfurling a map on the hood of your car. It provides a comprehensive list of all your trips, ensuring you miss no detail.
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