GET HELP WITH IFTA REPORT
*Kamion integrates with your ELD provider and records the miles for each truck.
*Kamion integrates with your fuel card provider to receive information around fuel purchases.
*These processes are occurring without your intervention so once the IFTA month comes, our users need to only click a button and the report is ready to be filed with the state.
*To ensure the bill is distributed equitably, in a couple of clicks IFTA report can be filtered by truck with all miles driven and fuel purchased by that truck.
*The report is easily sharable so you can send or print the report to provide the owner operator of proof.
Instantly Generate Report
IFTA stands for International Fuel Tax Agreement. The state in which you fuel up assigns that tax to you because it assumes you are using it in state. This of course doesn’t take into account that you may fuel in Chicago and drive through several states before your next stop in Los Angeles. In this scenario, Illinois is required to give back some of the tax you paid since you did not use all of the fuel there. Enter IFTA– it makes sure that states are paid only what they’re owed: for the fuel used for miles driven in state.
While IFTA gives back money to carriers, it doesn’t make it easy. Carriers need to track gallons of fuel purchased per state and miles driven per state and this information comes from different sources. Five years ago, IFTA miles were impossible to organize, but good ELD providers (like Samsara and Keep Truckin’) now provide a state mile report broken out by truck and state. Even still, state gallon tables need to be combined with the state mile tables, which is a complicated and not always accurate Excel exercise.
Some carriers opt to use their fuel cards to keep track of these data points. They pull a report with all gallons purchased for the quarter, but it doesn’t take into account how the funds are distributed across the mix of owner operators and company drivers that most small companies have.
You may be asking ‘all of this for a feature that will be used four times a year?’ The answer: yes–wrong reporting can result in audits and fines and potential revoking of trucking authority.