4 Tools To Track Your Trucking Business Revenue & Expenses
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- Опубліковано 17 лип 2024
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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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DISCLAIMER:
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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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.
I’m still on the hunt for this!
Make one yourself and improve it overtime
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.
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 !
Good talkin to you
@@TruckingFromScratch any suggestions on how a cdl driver with no experience could make 100k first year?
@@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
@@definebeauty6547 davidmcgill.as.me
@@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!
Thanks Dave. I’m an owner operator and just got my authority. Your videos are very helpful and informative.
Man, your videos are great news. Sure appreciate your knowledge and time to share.
God bless you sir
I'm so glad to came across your channel. Just subscribed...great information/knowledge being shared. Thank you!
Looking to start a trucking business! I repay you by watching your ads in full! Thank you for the free game!
I appreciate you and your support ✊🏽
Great session today David. Thanks for educating me and making me feel more comfortable maan knows the best fit vb
Thanks for all the information 👍 you always share with us!!very much appreciated 👍!!
Makes some of the best trucking vids on UA-cam. Keepontrucking.
Great breakdown of an important tool in business period!!
Always look forward to your videos
Thank you for sharing your knowledge Sir. I look forward to your next
Hey what's up Mr. David its good to see you back on here
Good video man
great videos by the way👌🏿
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.
Can you recommend a template or spreadsheet to be able to calculate all revenue and expenses?
Hey 👋 Bro .. Great Information As Always.. !! ..
Thanks bro
Business consultation
⭐️ ⭐️⭐️⭐️⭐️ highly recommended ..
Great Content!
Thanks Dez
Lol!!! I have a shoebox method for over 10 yrs!!! It's a mess. Lol! I gotta do the spreadsheet.
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
Hello.. what accounting software do you recommend for box truck business.. thank you for sharing your knowledge
Hey I'm from Guatemala and have 12 trucks any idea on how to travel and start my business there?
Any suggestions on professional app or software to keep your numbers in that laptop ?Thank you
We use software and spreadsheets for backup.
David how do you budget for maintenance?
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
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
Hi David, can non US citizen/outside of it start trucking business? Thank you!
Can you do an example if you lease your truck to a company.
My old high school classmate. I’m glad I see you’ve been doing well for yourself David.
Thanks for the words. Did we have class together? If so, which one?
@@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.
What is the best accounting software for small trucking business?
Glad to have you back on the tube. How can I get in contact with you directly?
davidmcgill.as.me
Do you have the website for accounting software
What accounting software do you use❓
Hello David. I like your videos. What software do you use for truckers accounting? Thanks for your help 👍
QuickBooks Online is my software of choice for accounting & bookkeepinf
Which insurance company do recommend?
Where to get supervisor training ?
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.
I want to the buy truck box How can I find in the load
Yea but what apps and software do you recommend????🤔
What is the name of a good accountant software
David, what city is your company based in?
How much is your class
how can we come to you for assistnce mentorship ect
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?
I use Google sheet.... Access anywhere. Phone, tablet, computer. #cloud
Any suggestions on software that is user friendly for all expenses? I’ve been looking at truckN Pro.
I’m more of a spreadsheet + QuickBooks guy. I’ve used Trucking Office before. It’s probably sufficient for most people.
@@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!
@@LUISGonzalez-tv1rk check out quick books self employed. I'm trying it, and so far is pretty awesome
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?
What is ELD?
Hi David, what accounting software do you suggest?
QuickBooks Online
@@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.
Man where you been at we need that information
Tax season was extended this year
David, do you work with any banks or financial institutions? If you have an interest, we'd like to speak with you.
Thanks, David. I've passed this along to our Partnerships team.
do you believe people with new authority should use a dispatcher and factoring company?
That’s actually an upcoming video. Stay tuned!
Make new video on taxes 😁
Which accounting program and app do you recommend?
QuickBooks Online
@@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 ....
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?
@@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 😅
Ok now that sounds better 🤣. I was reading that like 🥴🥴
hey david is your contact info taken out as i was tryna shoot a few questions to your email
Hi David. Interested in a personal consultation. How can my company reach out to you?
Hi Stephanie, here’s the link davidmcgill.as.me
David what's going on boss
Do you have number that I can reach you to inquire about taxes ? Need a accountant
What’s your email?
👍🏽🇺🇸
Is there any way i can speak to you??
davidmcgill.as.me
MR FLEET
hey, could you reply to my msg, i wanted to know more about your accounting services, thanks
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 $$$$
You just need to hire a trusted bookkeeper that specializes in the trucking industry. That's all. It should run you about 500 quarterly.