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Accounting for Owner-Operator Truck Drivers

Updated: Sep 19, 2022

Accounting is the process of recording, measuring, and communicating information about the financial transactions taking place in a business. Accounting often helps determine the financial position, results of operations, and cash flows of a business.

As an owner-operator truck driver, accounting is an important part of running your business. With this information, you’ll be able to tell how your business is performing and if you’re profitable.

Are you a self-employed truck driver that needs help with your accounting, bookkeeping, or taxes? Click here!

At ATBS, we can help with your accounting by reviewing your financial records and transactions to prepare your monthly profit and loss statements. With these profit and loss statements, we can analyze how you’re performing in different areas of your business. From there, we can advise you of areas where you’re performing well and areas where you need to improve based on the financial results of other owner-operator truck drivers in the industry. With this information, we can provide you with your quarterly estimated tax payments and prepare tax returns for you at the end of the year.

With our secure client portal, you’re able to view all of this information at any time. If you have questions about your financial statements or how to improve in certain areas, you can speak with your dedicated business consultant who can discuss strategies to implement and improve your business.

If you aren’t keeping track of your numbers and reviewing them consistently, you’re operating your business in the dark. Most successful business owners will tell you the key to running a successful business that reaches its goals is a strong understanding and reporting of their revenue and expenses. Strong accounting practices are critical to achieving long term success and profitability.

At ATBS, we have helped over 150,000 owner-operators over the past 20+ years run a better business. We offer a variety of services including bookkeeping, accounting, and tax preparation, and we understand the importance and impact that accounting has on a successful operation. We also offer unlimited business consulting for our RumbleStrip Professional clients. A dedicated business consultant will help you keep your business “between the lines” just like rumblestrips on the highway keep your truck between the lines. If you’d like to learn more about ATBS services or want to get started today, give us a call at 866-920-2827.

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