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Why Truckers To Carry Portable Fuel Card And Their Benefits?

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Trucking involves lot of traveling, moving around the city and meeting deadlines. Carrying cash along your journey is extremely risky and never recommended. Instead of loading your wallet with cash, it's better to look out for a portable method. For truckers, new truck fuel card is the best option to understand their expenses and also maintain a control on them.

With these access, you as a trucker can enjoy discounts on fuels. This is the best-first solution, readily available to monitor and manage your expenditures securely and efficiently.

Check Out The Reasons Why Carrying Cash is Risky:

Robbery:

This is one solid reason why you're not encouraged to carry cash to pay bills for fuel, at truck stop and maintenance while on the road; it sends a clear signal to the one who is keeping a close watch on you. The first thought crossing his mind, he is carrying heavy cash, he is the best person to attack for the day. And this would eventually lead to theft and bodily harm.

Aspect of Record Keeping:

Even the most organized trucker finds it a great challenge to log in or record the cash payments. With the number of deliveries and the miles covered, making a note of each expense is a tiresome job. To know your day-to-day cost, you need to know what they are, where you have been spending, tracking them up, recording financial reports for reimbursements and tax purpose. This goes worse when the transactions are completed with cash.

A Strained Cash Flow:

If you belong to a trucking company and financially supported by them, either you would have extra cash in your pocket, making the management aspect lead to over usage of cash or less money, making the task difficult, looking out for funds for emergency, repairs and fuels.

Advantages of Using Truck Fuel Cards:

With truck fuel cards, benefits are many. Keep reading to know more
  • The need of carrying money, large amount is eliminated
  • Enjoy fuel discounts at retail fueling and truck stops across the nation
  • Acts like a personal ATM/ Debit card, allowing the authorized driver to add funds while being behind the wheels
  • Daily expenses like fuel, repair, truck stop and lodging expenses are paid easily via truck fuel cards
  • Allows you to keep a check on the dollar limits and monitor your expenses. This will help you in controlling your expenses digitally
  • Safe, secure and the smartest way to use your cash efficiently. This card comes along with security information, required prior to all transactions
  • On losing the card, immediate blocking will take place. So you don't have to worry about the funds available in the card. No misuse will take place
  • 24/7 online access to view your fleet activities
  • Receive detailed information about your expenses, driving progress
  • Helps you in calculating your International Fuel Tax Agreement Return based on the transaction data

Well, this is one method to keep your money on track, understand your expenses and also prepare your International Fuel Tax Agreement Return on time and submit to receive their token of acknowledgment. We, taxIFTA.com serve our dedicated audience to prepare their International Fuel Tax Agreement Return online, eliminating the process of errors. A smooth filing and receiving your token of payment will help you in facing DOT inspection without many hurdles to cross. On a final note, do file your next quarter International Fuel Tax Agreement Return before the due date or penalties would be heavy on you.
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