Accounting [portable] | Uberita Practical

The series is primarily categorized into two volumes that align with the board exam's traditional subjects:

| Tool | Use | |------|-----| | | Free, good for <50 trips/week | | Wave Accounting | Free, decent for Uber + receipts | | QuickBooks Self-Employed | Tracks mileage automatically, separates business/personal | | Solo (formerly SherpaShare) | Rideshare-specific analytics | | Stride | Mileage & expense tracking (free) | uberita practical accounting

| | The Uberita Fix | | :--- | :--- | | Netting off accounts (e.g., deducting refunds from sales revenue instead of recording them separately) | Record gross revenue and separate "Returns & Allowances" accounts to see true shrinkage. | | Ignoring accruals for small amounts (e.g., $50 unpaid utilities) | Use a "Suspense/Accrual Clearing Account" for any pending bill over $25. | | Owner withdrawals treated as "Salary" | Record owners draws to Equity, not Wages. This preserves legal structure for liability. | The series is primarily categorized into two volumes

Once you master the basics, use these advanced tactics to scale. This preserves legal structure for liability

| Method | Accounting Treatment | |--------|----------------------| | (e.g., $0.655/mile) | Record mileage as an expense. Do NOT separately record fuel, repairs, insurance, depreciation. Keep mileage log. | | Actual expenses | Record fuel, oil, tires, repairs, insurance, registration, depreciation. Keep all receipts. |

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