Transport accounting is a world of its own
Transport companies face challenges no one else does: international runs with different VAT treatment, CMR consignment notes, daily per diems for drivers that vary by country, tachograph data, fuel with and without excise, depreciation of expensive vehicles and lease instalments.
Our experience in transport
The managing partner of Fin Logic is CFO of a group that includes transport companies. We work daily with:
- VAT on the international carriage of goods (zero-rated)
- CMR consignment notes as a primary record
- Per diems for international runs, by country
- Depreciation of heavy vehicles and trailers
- Fuel costs — journey logs, fuel cards, TIR carnets
- Drivers’ payroll — weekly rest, overtime, postings
A unique advantage: With 7 years of banking experience, we know how banks assess transport companies for leases and loans. We prepare your documentation to maximise the chance of approval when financing a new truck.
Specific services for transport companies
- VAT on intra-Community and international transport
- Processing CMR and transport documents
- Per diems by country (different rates)
- Depreciation and leasing of vehicles
- Drivers’ payroll with all its Labour Code specifics
- Fuel accounting and journey logs
- Preparing a lease application for new vehicles