4 Tools To Track Your Trucking Business Revenue & Expenses

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  • Опубліковано 17 лип 2024
  • Thanks again to Shell Rotella®️ Heavy Duty Engine Oil for sponsoring this video. Learn more about where to buy Shell Rotella®️ at: go.shell.com/3alrM5e
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    ABOUT ME:
    What’s up y’all? I’m David McGill, a 2007 graduate of Indiana University’s Kelley School of Business, an experienced accountant, trucking business owner, and consultant. I created Trucking From Scratch®️ to help other entrepreneurs start, run, and grow successful trucking businesses by breaking down the business side of trucking.
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    The information provided in this video should not be construed or relied on as legal, tax, investment, or business advice for any specific fact or circumstance. It's content was prepared by McGill Accounting LLC, with its principal office located at 1075 Broad Ripple Ave., PMB 390, Indianapolis, IN 46220. This video is designed for entertainment and informational purposes only. Viewing this video does not create an accountant-client relationship with McGill Accounting LLC. You should not act or rely on any of the information contained herein without seeking professional legal advice.
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КОМЕНТАРІ • 102

  • @TruckingFromScratch
    @TruckingFromScratch  Рік тому

    👕 Get your Mind Your Trucking Business T-Shirt: truckingfromscratch.myshopify.com

  • @j06c
    @j06c 3 роки тому +31

    Can you do a video of a excell spread sheet on what all information you would have in it to help see the bussines month by month.

  • @akagoogoo2336
    @akagoogoo2336 3 роки тому +5

    Making the videos short help me understand the topic more easily. Thank you for being straight to the point and not going off the subject.

  • @ksmoove212
    @ksmoove212 3 роки тому +21

    Had a great consultation session with David the other day. The guy is very knowledgeable and he is very easy to communicate with. Thanks big dog !

    • @TruckingFromScratch
      @TruckingFromScratch  3 роки тому

      Good talkin to you

    • @Adioownz1
      @Adioownz1 3 роки тому

      @@TruckingFromScratch any suggestions on how a cdl driver with no experience could make 100k first year?

    • @definebeauty6547
      @definebeauty6547 3 роки тому

      @@TruckingFromScratch how can I contact you please? My man has been trying to contact u but you're not responding, please I need to talk to you

    • @TruckingFromScratch
      @TruckingFromScratch  3 роки тому

      @@definebeauty6547 davidmcgill.as.me

    • @soulman888
      @soulman888 2 роки тому

      @@TruckingFromScratch Hey David! Great channel! Tried to get a session with you but your booking are set to "private" right now so I can't book. Also your email grabber for your courses and free downloads didn't give me any emails. As re you available right now? I'd love to learn from you!

  • @DavidJohnson-qe3ec
    @DavidJohnson-qe3ec 3 роки тому +7

    Thanks Dave. I’m an owner operator and just got my authority. Your videos are very helpful and informative.

  • @markstovall6857
    @markstovall6857 Рік тому

    Man, your videos are great news. Sure appreciate your knowledge and time to share.
    God bless you sir

  • @latychaykeo7782
    @latychaykeo7782 2 роки тому

    I'm so glad to came across your channel. Just subscribed...great information/knowledge being shared. Thank you!

  • @oscarotero8510
    @oscarotero8510 2 роки тому

    Looking to start a trucking business! I repay you by watching your ads in full! Thank you for the free game!

  • @moseskomolafe3649
    @moseskomolafe3649 3 роки тому +1

    Great session today David. Thanks for educating me and making me feel more comfortable maan knows the best fit vb

  • @elmermajano5111
    @elmermajano5111 3 роки тому

    Thanks for all the information 👍 you always share with us!!very much appreciated 👍!!

  • @keithlyons3441
    @keithlyons3441 3 роки тому +1

    Makes some of the best trucking vids on UA-cam. Keepontrucking.

  • @teamcoleman4234
    @teamcoleman4234 2 роки тому

    Great breakdown of an important tool in business period!!

  • @CodyPerryy
    @CodyPerryy 3 роки тому +1

    Always look forward to your videos

  • @stevearrico3448
    @stevearrico3448 3 роки тому

    Thank you for sharing your knowledge Sir. I look forward to your next

  • @rashad281
    @rashad281 3 роки тому

    Hey what's up Mr. David its good to see you back on here

  • @bobbygraham1135
    @bobbygraham1135 2 роки тому

    Good video man

  • @bubbletalkpodckast3387
    @bubbletalkpodckast3387 3 роки тому

    great videos by the way👌🏿

  • @andretti6776
    @andretti6776 3 роки тому

    Peace man it’s Andre, I’ve never left an review or comment before but just wanted to say I had a consultation with David & man he was great all around, answered every question throughly & with great patience.

  • @maribelhughley3451
    @maribelhughley3451 2 роки тому +9

    Can you recommend a template or spreadsheet to be able to calculate all revenue and expenses?

  • @stevengaston9195
    @stevengaston9195 3 роки тому

    Hey 👋 Bro .. Great Information As Always.. !! ..

  • @masaiya1
    @masaiya1 3 роки тому

    Thanks bro

  • @sleebeaux
    @sleebeaux 3 роки тому

    Business consultation
    ⭐️ ⭐️⭐️⭐️⭐️ highly recommended ..

  • @cardezford2109
    @cardezford2109 3 роки тому

    Great Content!

  • @bonnyslifevlogs6442
    @bonnyslifevlogs6442 3 роки тому +2

    Lol!!! I have a shoebox method for over 10 yrs!!! It's a mess. Lol! I gotta do the spreadsheet.

  • @samuelrobles2590
    @samuelrobles2590 3 роки тому +7

    Do you have a video on how to find drivers... with everyone still getting unemployment, it has been impossible for me to get anyone to even apply

  • @jconchas1
    @jconchas1 2 роки тому

    Hello.. what accounting software do you recommend for box truck business.. thank you for sharing your knowledge

  • @josuegarcia525
    @josuegarcia525 3 роки тому +1

    Hey I'm from Guatemala and have 12 trucks any idea on how to travel and start my business there?

  • @PETERSIEKLIK
    @PETERSIEKLIK 2 роки тому

    Any suggestions on professional app or software to keep your numbers in that laptop ?Thank you

  • @emperorandempressenterpris7090
    @emperorandempressenterpris7090 3 роки тому

    We use software and spreadsheets for backup.

  • @user-ul4pw8jj3z
    @user-ul4pw8jj3z 3 роки тому +2

    David how do you budget for maintenance?

  • @moibrahxm
    @moibrahxm 3 роки тому

    Whats up man, I wanted to see for example if one had a trucking company but had a driving record can he insure it under the drivers names? Thank you sirr

  • @focuspoultry8687
    @focuspoultry8687 3 роки тому

    Do you have any dealer you can refer me? Im trying to get a semi... penske, ryder truck are mad expensive with high mileage on them

  • @saeedsaeed4807
    @saeedsaeed4807 3 роки тому +2

    Hi David, can non US citizen/outside of it start trucking business? Thank you!

  • @marreonrobinson1189
    @marreonrobinson1189 3 роки тому

    Can you do an example if you lease your truck to a company.

  • @AAAA-nv5cf
    @AAAA-nv5cf 3 роки тому

    My old high school classmate. I’m glad I see you’ve been doing well for yourself David.

    • @TruckingFromScratch
      @TruckingFromScratch  3 роки тому

      Thanks for the words. Did we have class together? If so, which one?

    • @AAAA-nv5cf
      @AAAA-nv5cf 3 роки тому

      @@TruckingFromScratch It’s been so long I can’t tell you which class but I remember we went to BD together.I do remember after high school you telling me about graduating from Kelley at the cell phone store I was working in Speedway.

  • @charlesjames6381
    @charlesjames6381 2 роки тому

    What is the best accounting software for small trucking business?

  • @2fash721
    @2fash721 3 роки тому

    Glad to have you back on the tube. How can I get in contact with you directly?

  • @leejones4140
    @leejones4140 2 роки тому

    Do you have the website for accounting software

  • @1chachiing
    @1chachiing 2 роки тому

    What accounting software do you use❓

  • @truckingsimple713
    @truckingsimple713 2 роки тому

    Hello David. I like your videos. What software do you use for truckers accounting? Thanks for your help 👍

    • @TruckingFromScratch
      @TruckingFromScratch  2 роки тому

      QuickBooks Online is my software of choice for accounting & bookkeepinf

  • @stephanie3790
    @stephanie3790 2 роки тому

    Which insurance company do recommend?

  • @mintos2089
    @mintos2089 3 роки тому

    Where to get supervisor training ?

  • @amberhuang7135
    @amberhuang7135 3 роки тому

    hi are you in GA ?
    our company have full truck load on a weekly base that travels in Georgia.
    is there anyway we can work some business together.

  • @abdimuse263
    @abdimuse263 3 роки тому

    I want to the buy truck box How can I find in the load

  • @mosesofyisrael8255
    @mosesofyisrael8255 3 роки тому

    Yea but what apps and software do you recommend????🤔

  • @MB-qz7xb
    @MB-qz7xb 2 роки тому

    What is the name of a good accountant software

  • @colematherley1424
    @colematherley1424 3 роки тому

    David, what city is your company based in?

  • @michealjohnson2744
    @michealjohnson2744 3 роки тому

    How much is your class

  • @leelaroach9186
    @leelaroach9186 Рік тому

    how can we come to you for assistnce mentorship ect

  • @finalout99
    @finalout99 3 роки тому

    I put aside 30% religiously from my settlement direct deposit. I know it’s not exact and perfect but shouldn’t it work for quarterly estimated tax payments?

  • @multisoicllctrucking5063
    @multisoicllctrucking5063 3 роки тому

    I use Google sheet.... Access anywhere. Phone, tablet, computer. #cloud

  • @LUISGonzalez-tv1rk
    @LUISGonzalez-tv1rk 3 роки тому +1

    Any suggestions on software that is user friendly for all expenses? I’ve been looking at truckN Pro.

    • @TruckingFromScratch
      @TruckingFromScratch  3 роки тому

      I’m more of a spreadsheet + QuickBooks guy. I’ve used Trucking Office before. It’s probably sufficient for most people.

    • @LUISGonzalez-tv1rk
      @LUISGonzalez-tv1rk 3 роки тому

      @@TruckingFromScratch ok. Yeah I like excel and the spreadsheets. I know how to do the formulas but my only issue is that I drive for the time being so there is not much time to do things being all tired. Anyway I guess I may have to hire someone to help out with bookkeeping. Thank you for the response!

    • @MrNateneill
      @MrNateneill 3 роки тому

      @@LUISGonzalez-tv1rk check out quick books self employed. I'm trying it, and so far is pretty awesome

  • @tssdllc4561
    @tssdllc4561 3 роки тому

    Hey David I'm a driver and I use NY a my address for now. Can I talk to you offline about getting my taxes done?

  • @jong69
    @jong69 3 роки тому

    What is ELD?

  • @sharonnzachery4411
    @sharonnzachery4411 2 роки тому

    Hi David, what accounting software do you suggest?

    • @TruckingFromScratch
      @TruckingFromScratch  2 роки тому +1

      QuickBooks Online

    • @sharonnzachery4411
      @sharonnzachery4411 2 роки тому

      @@TruckingFromScratch Alright great I was afraid you would say that I'm an accountant and have not used it a long long time last I remember the credits and debits are reversed but I guess I better get some practice in . We have been using easy expense free app to track expenses on the road. It takes pictures and believe I can transport into quickbooks. I know i can run reports and send files.

  • @TheConqueror313
    @TheConqueror313 3 роки тому

    Man where you been at we need that information

  • @justcardiff
    @justcardiff 3 роки тому

    David, do you work with any banks or financial institutions? If you have an interest, we'd like to speak with you.

    • @justcardiff
      @justcardiff 3 роки тому

      Thanks, David. I've passed this along to our Partnerships team.

  • @Doughboy60435
    @Doughboy60435 3 роки тому

    do you believe people with new authority should use a dispatcher and factoring company?

  • @HARPREETSINGH-qw5st
    @HARPREETSINGH-qw5st 3 роки тому +2

    Make new video on taxes 😁

  • @bastiaan1532
    @bastiaan1532 2 роки тому

    Which accounting program and app do you recommend?

    • @TruckingFromScratch
      @TruckingFromScratch  2 роки тому +1

      QuickBooks Online

    • @bastiaan1532
      @bastiaan1532 2 роки тому

      @@TruckingFromScratch thanks! follow up question, there are like 10 QB apps! Accounting, time tracking, self-employed, etc. Which one?
      I'm a new o/o and will be leasing onto a dispatch company ....

    • @TruckingFromScratch
      @TruckingFromScratch  2 роки тому

      This isn’t a recommendation, but if it was, I would say go with Simple Start.
      Side note: you said you’re leasing onto a dispatch company? What does that mean exactly?

    • @bastiaan1532
      @bastiaan1532 2 роки тому

      @@TruckingFromScratch @Trucking From Scratch I'm car hauling. So they're a trucking company, but I don't haul for them. They find me cars/loads and dispatch them to me. I'm o/o making my own schedule and routes, with my own loads (found by them) under their authority. I'm also so new, that I'm probably using the terminology incorrectly 😅

    • @TruckingFromScratch
      @TruckingFromScratch  2 роки тому +1

      Ok now that sounds better 🤣. I was reading that like 🥴🥴

  • @hyfrovoxojuice
    @hyfrovoxojuice 3 роки тому

    hey david is your contact info taken out as i was tryna shoot a few questions to your email

  • @stephaniesullivan6526
    @stephaniesullivan6526 3 роки тому

    Hi David. Interested in a personal consultation. How can my company reach out to you?

  • @mrdunkin83
    @mrdunkin83 3 роки тому

    David what's going on boss

  • @HDPICASSO
    @HDPICASSO 3 роки тому

    Do you have number that I can reach you to inquire about taxes ? Need a accountant

  • @Jay-BT2024
    @Jay-BT2024 3 роки тому

    👍🏽🇺🇸

  • @barreirony
    @barreirony 3 роки тому

    Is there any way i can speak to you??

  • @dreskiemo
    @dreskiemo 2 роки тому

    MR FLEET

  • @jayd4656
    @jayd4656 3 роки тому

    hey, could you reply to my msg, i wanted to know more about your accounting services, thanks

  • @bubbletalkpodckast3387
    @bubbletalkpodckast3387 3 роки тому

    who handles all this BS if i juz wanna be the OWNER & drive???i hate keepin traxk of shit & im a 14yr veteran looking n2 getn my own truck & authority.really juz like to travel & make $$$$

    • @emmitttrill5867
      @emmitttrill5867 3 роки тому

      You just need to hire a trusted bookkeeper that specializes in the trucking industry. That's all. It should run you about 500 quarterly.