Accounting for Logistics & Trucking
Specialist Accounting Solutions for Haulage, Freight, & Transport Operators
Fred Michael & Co LTD serves logistics businesses with accounting services that address cost pressure, compliance needs, and data-driven fleet optimisation.
Why Logistics Businesses Choose Us
Detailed Cost Tracking:
Break down fuel, tolls, maintenance, depreciation by vehicle and route for precise cost control.
Cash Flow Planning:
Manage long receivable cycles and payment delays to maintain operational liquidity.
Route Profitability Reporting:
Evaluate cost-per-mile, driver-hours, and revenue per load to guide pricing and route strategy.
Payroll & Pension Compliance:
Full RTI payroll for drivers, pension auto-enrolment, and HMRC filings.
Capital Allowances on Fleet Assets:
Advise on allowances for vehicles and warehousing tech, plus telematics.
Freight Audit & Reconciliation:
Verify freight invoices against shipments to recover invoice errors and control cost leakage.
Regulatory & ESG Reporting:
Prepare carbon footprint accounting and compliance reporting for future-client requirements.
Why Fred Michael as Your Partner
Sector Specialists
Expert knowledge of haulage finance, transport margins, and logistics KPIs.
Cost Optimisation
Identify expense anomalies and recover overcharges using freight invoice audits.
Strategic Insight
Actionable data on route performance, fleet utilisation, and cost inefficiencies.
Compliance Confidence
Sac between tax compliance, payroll obligations, and capital allowances.
FAQs – Logistics / Trucking
How do you track logistics costs?
We break down expenses—fuel, tolls, insurance, maintenance—by route and vehicle for full cost visibility.
What is freight invoice auditing?
Verification of carrier invoices against shipment records to ensure accuracy—typically uncovering 5–8% discrepancies.
How can I analyse route profitability?
We evaluate cost-per-mile, idle time, load utilisation, and revenue per trip to highlight high-performing routes.
Do you handle driver payroll and pensions?
Yes—we manage RTI-compliant payroll, pension auto-enrolment, and statutory submissions for drivers.
Can I claim capital allowances on new trucks/telematics?
Absolutely—we advise on allowances to reduce taxable profits and support fleet modernisation.
Do you assist with carbon and ESG reporting?
Yes—we help implement fuel-tracking frameworks to support carbon reporting and prepare for regulatory requirements.
Next Steps
Let us align your accounting with your industry’s demands and give your business the financial clarity, compliance, and strategic insight it needs to thrive.
