Into Cost of Revenue We Include the Lesser Mileage Amount.

Kilometric mileage is one of the methods of accounting for business travel expenses. It involves calculating the cost of a business car based on the kilometers traveled. For companies that account for mileage, the amount is included as a deductible expense.

It is worth noting that the mileage amount is cumulatively lower, which means that the more kilometers an employee drives on a business trip, the lower the deductible costs for the company will be. That's why it's worth taking care to plan routes efficiently and choose optimal means of transportation to minimize mileage costs.

Companies that use mileage as a form of accounting for business travel should take care to accurately document the kilometers traveled and retain all necessary evidence to properly document these expenses in the accounting books.

It's also worth remembering that the mileage amount can be changed by the tax authorities, so it's important to keep up to date with current regulations on this type of accounting. With proper planning and informed use of mileage, companies can reduce their costs and manage their finances more efficiently.