Accounting for your industry
Accounting for transportation & logistics.
Tax and accounting for owner-operators and trucking companies, from equipment purchases and fuel costs to cash flow between payments.
- Equipment and CCA
- Fuel and operating costs
- Owner-operator tax
Questions worth getting ahead of
- Organizing fuel, repairs and equipment records
- Tracking receivables and operating cash needs
- Preparing for equipment financing discussions
Keep equipment and operating records connected
Truck purchases, financing, leases, fuel and repairs tell different parts of the financial story. Bring the relevant agreements and source records so the team can distinguish recurring operations from major commitments.
Plan for the gap between work and payment
The costs of delivering a load can arise before the customer pays. A cash forecast can help explore that gap along with loan payments and planned repairs. Specialized filings or cross-border obligations should be discussed explicitly; do not assume they are included in routine bookkeeping.
Support to discuss with Versa
Bookkeeping
Monthly books in QuickBooks or Xero, reconciled to the bank and ready for tax time. We can also set up or clean up your system.
What it involves TaxCorporate tax
Your T2 filed accurately and on time, with year-end planning that keeps more money in your business.
What it involves AdvisoryCFO advisory
Forecasts, cash-flow planning and business plans, so decisions about hiring, borrowing or expanding are based on real numbers.
What it involves TaxPersonal tax
Your personal return done right, whether it’s simple or includes self-employment, rental or investment income.
What it involvesStart with the way your business works
Tell the team how you earn revenue, which systems you use, how current your records are and what decision or deadline is coming next. That context helps identify the work to discuss — rather than assuming every business in your industry needs the same package.