Mileage and Reporting

I can help with this, @IAWTFC.

 This mileage information will not be found on the P&L or the Balance Sheet.  In QuickBooks Online, the mileage report can be pulled up by clicking on the Download Trip button from the Trips page. This will open a report in an Excel file that shows all the trips that you've entered.

To do that, just open the trips page and press on Download Trips. Please see the screenshot attached for your reference:

You may also want to check the reports available for your version in QBO.

I'm attaching a few articles that you may find helpful as well:

• Automatically track mileage in QuickBooks Online.
• QuickBooks can do WHAT? Tracking your mileage.

Please let me know what other questions you have on tracking your mileage, I'm here to help! Have a wonderful start to your week.

What is the point of tracking mileage if it can't then be recorded onto your Financial Statements?

I would really appreciate a response.  I want to understand why you can track, download, and for tax purposes, but not for recording on an accrual basis and for tracking client profitability on your income statement and true bottom line net income.  

Allow me to join the thread to answer your concern about mileage in QuickBooks Online (QBO), @IAWTFC.

Mileage tracking in QBO is for recording purposes only. Thus, it is not included in the income statement and client profitability report.

You can use the data in the mileage tab to create the expense transaction manually.

You can also submit feedback straight to our product developers so they can review this option and help you with your business needs.

Here’s how you can add your feedback in QBO:

1. Go to the Gear icon.
2. Under the Profile column, click on Feedback.
3. Share your feedback. Then, click "Next."

For future reference, you can utilize this article to automatically track mileage in QuickBooks Online.

In addition, if you’re using your personal car for business, then I suggest checking out this article. It's about reimbursing employees' mileage and vehicle expenses in QuickBooks Online.

Let me know if you have further questions in mind about mileage. I’m just one post away from assisting you. Have a great day!

I have submitted a LOT of feedback.  I feel like a broken record.  

So just to be clear, QB can track personal and business mileage, and by default, vehicle expenses are on the P&L, but should I choose to use mileage as a deduction (instead of vehicle expenses), I must

1. manually delete the vehicle expenses

2. manually enter the mileage as a Journal entry?

Welcome to the Community, @Brownbear511.

I'm here to provide information about the Mileage feature in QuickBooks Online (QBO). 

The mileage tracking feature in QuickBooks Online is for recording purposes since mileage is not an expense in accounting. It is a tax time deduction you can take when you don't take the actual expenditures operating a company vehicle.

The Profit and Loss report won't show unless you manually track the mileage. You can reference this article for the detailed steps: Track mileage and vehicle expenses in QuickBooks Online. If you want your mileage entered automatically, ensure to setup mileage tracking and vehicles in QuickBooks Online.
 

For detailed information, kindly visit: Automatically track mileage in QuickBooks Online.

You can also consult an accountant for expert advice if you want to track mileage using Journal Entry. 

I've attached a link you can visit to learn more about the chart of accounts, as well as the different account types in QuickBooks: Learn about the chart of accounts in QuickBooks Online.

Drop me a comment below if you have any other questions about mileage features. I'll be happy to help you some more.