The Mileage feature in QuickBooks Online is a tool that allows you to track and record business mileage for tax purposes or reimbursement. This feature allows you to record the start and end locations, purpose of the trip, and total miles driven for each trip. QuickBooks Online will then calculate the total mileage for the trip and the amount of money you can claim for the trip based on the IRS mileage rate. This information can be useful for keeping track of business expenses, especially if you are self-employed or have a small business that requires you to drive for work purposes.
You can use the information recorded in the Mileage feature to help you prepare your taxes or to request reimbursement for business mileage from your employer. The Mileage feature is available in the QuickBooks Online Mobile App as well as in the desktop version of QuickBooks Online.
To use the Mileage feature in QuickBooks Online, follow these steps:
The trip will be added to your mileage log and the total miles traveled and the amount you can claim for the trip based on the IRS mileage rate will be displayed. You can view your mileage log at any time by going to the "Mileage" page in QuickBooks Online. You can use the information in your mileage log to help you prepare your taxes or to request reimbursement for business mileage from your employer.