How to Log Mileage as a Sole Trader

AlexM

Hey guys

Can anyone advise on how they log their mileage as a sole trader.

I’m using the Crunch 23/24 spreadsheet to record my mileage, no issues there. But when it comes to recording it under the Crunch software it showing as me owing the money??

Any suggestions how to record this correctly?

Cheers,
Alex

Luke_Young

Hi Alex,

Where are you seeing this as being owed? My initial thought is that you’ve recorded an item as a credit note/refund.

When recording the expense, you’d start to create it like any other and enter the relevant details, however the only real difference is choosing the expense type, which should be “Mileage Allowance”, and then selecting the bank account it has been paid out of by using the dropdown menu 😃

AlexM

Luke_Young

Hi Luke,

Thanks for reply.

So I have been recording the business mileage as a supplier on Crunch which then tells me I owe £X amount.

I however want to retain the funds in my business account rather than pay them out to another account.

When I have tried paying from the business account and saved the expense it then shows as an expense it my total YTD expenses. Is this correct?

Cheers,
Alex

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