IFTA Reporting Software Made Easier with eTruxFuel
Taxes are the last thing on people’s minds as they go about their daily routine - that is, until the time comes to file them. When it comes to filing one’s tax returns, nobody wants to do so late as the repercussions are simply too great and usually expensive. Filing one’s taxes is a delicate process of ensuring that all taxable purchases are reported accurately and is typically done once a year.
For commercial vehicle owners, this process is quadrupled as the owners are required by law to adhere to the International Fuel Tax Agreement (IFTA) which states that quarterly reports be made every year. Filing taxes is a tedious and difficult process, and it is no different for IFTA reporting—the difficulty increases four-fold as reporting is required on a quarterly basis. Luckily, there is a solution that comes in the form of eTruxFuel.
What you Get with this Reporting Tool
eTruxFuel is an International Fuel Tax Agreement or IFTA reporting software that caters to motor carriers and their IFTA reporting obligations. This software comes with a fuel tax calculator that allows motor carriers to estimate how much they owe in taxes.
Additionally, eTruxFuel also comes with an easy to navigate website and a user-friendly interface. It has an import feature that motor carriers can use to import mileage data from an Electronic Logging Device (ELD) to ensure complete accuracy in filing their IFTA report. It also has a manual import system that allows users to edit ELD entries and is especially useful in specifying what card was used for the transaction, and an integrated PC Miler that motor carriers can use to simulate truck routes and fill in any missing mileages that may be unaccounted for.
Moreover, eTruxFuel generates an accurate IFTA report that is not only absolutely compliant to the International Fuel Tax Agreement but regularly updated as well so motor carriers can rest assured that their IFTA reports are filed without a hitch. Moreover, manual IFTA reporting takes at least a couple of hours to accomplish and human error should also be taken into consideration as even a small mistake could lead to an audit.
Faster and Easier Reporting
eTruxFuel automatically draws up an IFTA report using the details given and users have the option of viewing the IFTA reports on a per quarter, month, or truck basis to further increase report accuracy. eTruxFuel’s import feature also adds to the accuracy of the generated IFTA report as motor carriers can store all ELD info with eTruxFuel, increasing both accuracy and data organization. With eTruxFuel, a quarterly IFTA report can be done in a matter of minutes as opposed to hours of poring over receipts and making sure everything is accounted for.
Everything about eTruxFuel as an IFTA reporting software was designed with the intent of making IFTA reporting faster and easier without compromising quality. From the fuel tax calculator to the ELD import feature, especially the IFTA report generator—everything works together to provide a convenient and faster way of IFTA reporting that is always accurate and up-to-date. eTruxFuel believes that filing IFTA reports do not have to be a tedious process that takes hours and can be done with just a few clicks of a button.
For a simplified and accurate IFTA reporting, contact our Membership Services Officer at (480) 212-3439.Ifta Reporting Software
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