Bookkeeping for Owner-Operator Truck Drivers

truckers bookkeeping service

Truckers Bookkeeping Service is proud to have been serving the trucking community since 1968. Over the past fifty years, we’ve been honored to be a part of the ever-changing and evolving transportation industry. We have expertise that only time and experience can provide, and we’re on a mission to use that knowledge to help truckers nationwide. Once you’re legally registered as a business, it’s time to focus on the trucking requirements. Different states have different requirements for operating permits, so the process may look different depending on where you live and where you plan to travel.

No matter where you are in your driving career, we have a service package that will match your needs. Below is a complete list of business services that ATBS offers. Learn more about our small and mid-sized business consulting services during a free consultation. truckers bookkeeping service Schedule a consultation with a member of the Trucker CFO Team and ask us any questions you want.We’re here to help to you with the business of trucking. This makes it easier to keep track of things when it’s time to total everything up.


Small Business Administration’s guide for more information on registering your business. Any expense that is 100% related to your business is tax-deductible. This includes your work cell phone/computer, tools & equipment, education, and even insurance.

You also have to renew your permits periodically, and missing renewal dates can put you out-of-service. Our authority processing and permitting services can take that stress off your shoulders and help ensure you have everything you need. Getting started in trucking and transportation can be daunting, but here are clear-cut steps to set your new trucking business in motion the right way. And don’t worry, Truckers Bookkeeping Service is here to help you through each one.

Keeping track of one of your largest tax deductions and doing business with ATBS just got a whole lot easier!

When it comes to taxes, the Trucker CFO Team has the experience you need to help you reduce your tax liability as a trucking entrepreneur and business owner. Owner-operators looking to grow their business and simplify bookkeeping for truck drivers will benefit from Truckstop TMS for Carriers. Save time by letting ITS Dispatch manage the paperwork for you.

ATBS just recently launched the new ATBS Mobile App, which makes working with us even easier! With this app, you’ll be able to scan or import receipts, settlements, and other documents with just a few taps. ATBS has helped our business run smoothly by inputting our receipts every month and keeping our business between the lines.

Truckers Bookkeeping Service is Here for You

There’s an organization that you build around yourself that helps you run your business because they’re experts at various portions of it. One of the most important relationships that we have in trucking is with Colton Lawrence and his Trucker CFO Team. They have the experience and expertise within the trucking industry that makes a difference for small businesses in trucking.

Scanned images of receipts are acceptable, but keep original paper copies for warranty purposes for any big-ticket items you purchase. TBS will process your MC#/USDOT Number and BOC-3 for free (both are required to activate your authority), with no annual membership fee or application processing fee. Your out-of-pocket cost will be the $300 Federal Motor Carrier Safety Administration (FMCSA) registration fee and the $50 BOC-3 registration fee which covers the lower 48 states. Let TBS deal with the mountains of paperwork and complicated forms.

Learn How to start your Trucking Bookkeeping Business

By updating your books daily, you will have a better idea of how your business is doing and be able to manage your cash flow more easily. The easiest way is to enter your expenses daily as you incur them. Plus, if you do lose a receipt, you will still have the record in your files. Research credit cards and find one with a low-interest rate that doesn’t have an annual fee and, ideally, a generous rewards plan. Pay the balance in full every month to ensure you aren’t racking up additional business debt. Having a credit card for operating expenses is another way to make recordkeeping easy since you can often separate charges into categories (gas, food, maintenance, etc.).

Rest easy knowing that everything from bookkeeping, accounting, taxes, and business planning is handled by a trusted expert. The QuickBooks™ software can handle all of your accounting tasks, such as creating invoices and accepting payments, running reports, and creating and sending estimates to clients. Through QuickBooks™, you will have the option to manage contractors by sending W-9 and tax ID information directly to them. You will also have the option to organize your income and expenses into tax categories, allowing you to file your business’s taxes quickly and efficiently. For convenience and efficiency, we encourage our trucking clients to migrate to QuickBooks Online for truckers or similar cloud-based accounting software.

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