The truck driver and his accounts

Our experience with the verification of the management (accounting) and road truckers, has shown that tight government legislation in this area proved to be a thorn in size in this business. After analyzing the trucking industry, we have come to determine the following points;

The truck driver and working hours

A truck driver can work between 8 and 16 hours per day to drive in traffic and on the road. In addition to long hours of work, he must be vigilant and focus at any time in its immediate environment and keep his diary (logbook) to date. He should know the road laws in different countries (Canada, U.S.), provinces and states.

In selecting his work as a truck driver, he was aware of the constraints inherent to its business.

Transport company

The truck driver who took the decision to buy his truck is at the same time creating his own transport company. It is one or more trucks, it is often despite himself into the world of business and all that implies;

• Liability insurance,
• Insurance for the truck and trailer
• The management and accounting,
• Reporting IFTA, GST, QST, DAS and taxes.
• Negotiation of contracts,
• Knowledge of tax laws inherent in trucking,
• And many other constraints.

This management is often the weakness of the trucker (transport company).

The audit, the truck driver and management.

Through our experience in accounting and auditing, we have witnessed companies that worked smoothly in transport, but in danger because of a management company deficient face constraints and government regulations governing the trucking .

KGT Consultant (management, accounting)

For these reasons, we founded our firm in order to help truckers and trucking companies, offering a full range of accounting services and assistance in cases of tax disputes (contribution and opposition).

For more informations, contact us