Upcoming Release
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
At the top, you're greeted with the title, Mileage Tracker. This card offers a summarized view of your mileage for easy reference.
Date Range
The date range at the top right of the card allows you to select the 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., $85.15, shows your estimated tax deduction based on your traveled miles.
New Trip
This New Trip + button is your gateway to logging a new journey. With one click and you're on the road again (virtually speaking). You'll be taken to a form to fill out for your trip. For more information about adding mileage see Using the Mileage tab.
Rate Per Mile
Above 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.
Total Mileage:
Next to the odometer symbol is your Total Mileage, e.g., 130. This reflects the distance you've journeyed. Every mile matters and this keeps the tally.
Trips
Next to the location pin symbol is a count, e.g., 4, of how many trips you've taken.
View all trips
Located at the bottom of the card, this link opens up a detailed view of the trips you've taken. It provides a comprehensive list of all your trips, ensuring you miss no detail. Here's a little secret. What it really does is take you to the Mileage Tab.
To wrap it up, the Mileage Tracker card is like that trusty speedometer in your vehicle, always there, giving you the vital stats at a glance. With this card, you're not just tracking miles but potential savings and stories from the road. So, every time you take a peek, remember – it's not just numbers, it's the path you've taken. Safe travels!