Keeping up with IFTA (International Fuel Tax Agreement) miles is essential for trucking companies operating across state lines. Proper tracking ensures compliance with IFTA regulations and helps avoid penalties during audits.
The best way to track IFTA miles is by using a GPS tracking system. GPS-enabled devices automatically record the distance your vehicles travel in each state or province. These systems are highly accurate, saving time and reducing errors compared to manual methods. Data from the GPS can be directly used to calculate fuel taxes for quarterly IFTA reports.
For fleets that don’t use GPS systems, maintaining manual logs is another option. Drivers must record the odometer readings at state borders and log the miles driven in each jurisdiction. This method requires careful attention to detail and consistent record-keeping to ensure accuracy. Fuel receipts should also be stored to match the miles recorded. Cross-referencing fuel purchases with mileage data helps ensure all records align, which is crucial during audits.
TruckX offers advanced fleet management solutions that automate IFTA mile tracking. With GPS tracking and easy-to-use reporting tools, TruckX simplifies the process by automatically recording state-by-state mileage and generating detailed reports. This eliminates the hassle of manual tracking, saves time, and ensures accuracy. By choosing TruckX, fleets can focus on driving while effortlessly staying compliant with IFTA regulations.
