Mileage Rate calculation problem in Quick Books Premier
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Mileage Rate calculation problem in Quick Books Premier

 
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Art Prest
Guest
Posted: Thu Nov 03, 2005 7:52 am    Post subject: Mileage Rate calculation problem in Quick Books Premier Reply with quote
The Federal Government mileage rate increased from 37.5 cents to 48.5 cents
effective September 1, 2005. I have enterred the new rate into
Company/Enter Vehicle Mileage/Enter Mileage Rates as 0.485. All previous
rates have been deleted. My problem is that when I generate invoices to
companies that reimburse me for my mileage the mileage cost is being
calculated at the previous rate of 0.375 I have tried correcting this with
no success. Help would be appreciated.

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Allan Martin
Guest
Posted: Thu Nov 03, 2005 5:02 pm    Post subject: Re: Mileage Rate calculation problem in Quick Books Premier Reply with quote
"Art Prest" <no_spam_aprest@verizon.net> wrote in message
news:a3eaf.1383$5R2.410@trnddc08...
Quote:
The Federal Government mileage rate increased from 37.5 cents to 48.5
cents effective September 1, 2005. I have enterred the new rate into
Company/Enter Vehicle Mileage/Enter Mileage Rates as 0.485. All previous
rates have been deleted. My problem is that when I generate invoices to
companies that reimburse me for my mileage the mileage cost is being
calculated at the previous rate of 0.375 I have tried correcting this
with no success. Help would be appreciated.


The billable rate has nothing to do with the Federal Government milage rate.
It is determined by the item code being used to bill customers.


Quote:

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Art Prest
Guest
Posted: Fri Nov 04, 2005 5:03 pm    Post subject: Re: Mileage Rate calculation problem in Quick Books Premier Reply with quote
I am a consultant with contracts that allow me to bill travel expenses
(including mileage charges) with no markup. I am using QuickBooks Premier
Professional Services Edition 2004. For some reason the mileage allowances
entered as described in my original post are not updating item code 4940 Car
Mileage Reimbursement. I discovered that I can manually change the rate in
Lists/Item Lists/Mileage so I was able to fix the problem so that when I
generate an invoice I can use Billable Time and Costs/Mileage to add in the
reimbursable mileage costs calculated correctly using $0.485 per mile. The
Company/Enter Vehicle Mileage/Enter Mileage Rate capability is supposed to
be a feature of the version of QuickBooks that does not operate properly
based on my experience.


"Allan Martin" <Allan@GreatGuy.com> wrote in message
news:F_naf.8069$ex4.3196@fe08.lga...
Quote:

"Art Prest" <no_spam_aprest@verizon.net> wrote in message
news:a3eaf.1383$5R2.410@trnddc08...
The Federal Government mileage rate increased from 37.5 cents to 48.5
cents effective September 1, 2005. I have enterred the new rate into
Company/Enter Vehicle Mileage/Enter Mileage Rates as 0.485. All previous
rates have been deleted. My problem is that when I generate invoices to
companies that reimburse me for my mileage the mileage cost is being
calculated at the previous rate of 0.375 I have tried correcting this
with no success. Help would be appreciated.


The billable rate has nothing to do with the Federal Government milage
rate. It is determined by the item code being used to bill customers.







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Allan Martin
Guest
Posted: Fri Nov 04, 2005 5:03 pm    Post subject: Re: Mileage Rate calculation problem in Quick Books Premier Reply with quote
"Art Prest" <no_spam_aprest@verizon.net> wrote in message
news:TPKaf.221$Ny6.122@trnddc06...
Quote:
I am a consultant with contracts that allow me to bill travel expenses
(including mileage charges) with no markup. I am using QuickBooks Premier
Professional Services Edition 2004. For some reason the mileage allowances
entered as described in my original post are not updating item code 4940
Car Mileage Reimbursement. I discovered that I can manually change the rate
in Lists/Item Lists/Mileage so I was able to fix the problem so that when I
generate an invoice I can use Billable Time and Costs/Mileage to add in the
reimbursable mileage costs calculated correctly using $0.485 per mile. The
Company/Enter Vehicle Mileage/Enter Mileage Rate capability is supposed to
be a feature of the version of QuickBooks that does not operate properly
based on my experience.


There are many users that charge their customers less than or more than the
prevailing Federal mileage allowance. That is why the rate is determined by
the item code and not the current Federal Rate. The fact the the item rate
does not automaticly change when the Federal rate changes is not a flaw.



Quote:


"Allan Martin" <Allan@GreatGuy.com> wrote in message
news:F_naf.8069$ex4.3196@fe08.lga...

"Art Prest" <no_spam_aprest@verizon.net> wrote in message
news:a3eaf.1383$5R2.410@trnddc08...
The Federal Government mileage rate increased from 37.5 cents to 48.5
cents effective September 1, 2005. I have enterred the new rate into
Company/Enter Vehicle Mileage/Enter Mileage Rates as 0.485. All previous
rates have been deleted. My problem is that when I generate invoices to
companies that reimburse me for my mileage the mileage cost is being
calculated at the previous rate of 0.375 I have tried correcting this
with no success. Help would be appreciated.


The billable rate has nothing to do with the Federal Government milage
rate. It is determined by the item code being used to bill customers.







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