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A Real-time Accounting Management Solution
for Your Trucking Business
Manage Invoices
With TruckLogics, managing your invoices is easy! You can create and send professional-looking invoices to your customers in minutes and keep a record of every open, paid, partially paid, and voided invoice. Plus, you'll get instant alerts on upcoming or past-due invoices. You can set a reminder for the invoice due date, and the system will automatically notify you.
You can also email, print, or mark an invoice as paid with the click of a button. With customizable email templates for your invoices, build your email the way you want it.
All paid invoices are reflected in our smart account
management system.
Factoring Invoices
By factoring your invoices, you can turn your unpaid invoice into immediate working capital. The account management system in TruckLogics tracks all your factoring invoices
transactions accurately.
You can set the factoring rate as a percentage or dollar amount.You can also record partial payments from factoring companies in TruckLogics with ease.
Manage Income / Expense Transactions
Manage your income and expense transactions with built-in categories that save you time.
Your drivers can upload fuel receipts at the pump, or you can import data from your fuel card provider directly to your account using our Smart Upload Feature. TruckLogics even provides a detailed Profit and Loss report to help you understand and identify your company’s financial history, health, and overall performance. These records will also help you prepare your tax return accurately and boost your ability to make smart decisions, operate productively, and position your business for future growth.
Manage Received Payments
Record full or partial payments on invoices. You can also record payments made on multiple invoices at the
same time!
TruckLogics lets you view all outstanding balances for your customer’s invoices to manage your received payments from a single screen. You can record all received payments for each open invoice or mark invoices as fully paid. Each of your customer’s unpaid invoices will appear in a list the next time you receive a payment from them.
The smart account management system keeps track of all your payments and generates intelligent reports that let you make informed decisions.
Driver Settlements
With TruckLogics, you can conveniently settle driver payments for a single dispatch or for a period of time. Whether your are settling for a hauling fee, advance payment, deduction or reimbursement, or a combination of these, it only a takes a few clicks. You can add ‘additional deductions’ directly to the settlements as well. If there are any recurring deductions for a driver, they are imported automatically for driver settlements.
All the payment transactions are accounted for automatically, which makes your account
management easy.
Recurring Deductions
Recurring deductions can be scheduled weekly or monthly using TruckLogics!
Set up the automated deduction process once, and TruckLogics will manage these deductions in an efficient, convenient, and hassle-free way. Enter the recurring deduction details by setting the frequency of payment (daily, weekly, monthly, yearly), driver's name, and the deduction amount.
Financial Reports
TruckLogics users can assess the profitability and financial strength of their business using our financial reports!
TruckLogics can generate valuable reports such as Profit and Loss, Year-End Tax, Driver Payments, IFTA reports, Unit License Expiry reports, and many more, giving insight into the overall performance of your business. Keep an eye on your bottom line and lay out a solid plan for your trucking business's future using TruckLogics.
