How do I track mileage in Seller Ledger?

If you drive for your business—whether it’s trips to the post office, thrift stores, or trade shows—those miles can add up to valuable tax deductions. Seller Ledger makes it easy to track, categorize, and report your business mileage.

Standard Mileage Rate Method

Seller Ledger utilizes the standard mileage rate method. You deduct a fixed amount for each business mile driven, determined by the IRS's annual standard mileage rate.

Because Seller Ledger tracks the changes in the IRS mileage rate, all you need to enter is:

• Date
• Description (e.g. purpose)
• Miles driven

We calculate the deduction.

How to Add a Trip

Go to the "Expenses" tab in Seller Ledger, then click the "Mileage" sub-tab

Click the "Add Mileage Trip" button

Enter the date, description and distance, then click "Create".

If you already track your mileage in a spreadsheet, you can also upload mileage via a CSV file.

IRS Rate Updates

Seller Ledger uses the current IRS standard mileage rate, which is updated automatically each year (or more frequently if a mid-year change is made.) No manual changes on your part are needed!

How It’s Used at Tax Time

All business mileage is included in:

• Your Profit & Loss report
• Your Schedule C tax report

Tips for Accurate Tracking

For tips on more accurate tracking, check out our blog post on mileage hacks.