Bookkeeping for Trucking Companies
Load settlement tracking, fuel tax support, and payroll for trucking companies and owner-operators across Canada and the United States.
Majoka Accounting Ltd. provides bookkeeping built around how trucking companies actually run: per-load settlements that need reconciling against broker or shipper pay, fuel purchases across multiple jurisdictions, and driver pay that may mix mileage, percentage, or hourly structures. We keep your books current so you always know your true cost per mile and per load.
Introduction
Trucking bookkeeping has to account for movement across jurisdictions, fluctuating fuel costs, and settlement structures that vary from broker to broker. Majoka Accounting Ltd. works with owner-operators, small fleets, and growing carriers to keep load revenue, fuel costs, and driver pay organized and reconciled as loads actually settle.
We support trucking companies across Canada and the United States, including cross-border carriers who need consistent bookkeeping on both sides of the border.
Why Bookkeeping Matters for Trucking Companies
Fuel, maintenance, and driver pay can eat into per-load margin quickly, and without accurate tracking, a carrier can be running loads at a loss without realizing it until cash gets tight. Bookkeeping that tracks cost per mile gives you a real answer, not a guess.
Accurate books also matter for IFTA fuel tax reporting, equipment financing decisions, and giving your accountant reliable numbers instead of a shoebox of fuel receipts and settlement statements at year end.
Common Financial Challenges
Our Bookkeeping Solutions
Load Settlement Reconciliation
We reconcile load settlements against broker and shipper payments, and track deductions clearly so you and your drivers both see accurate numbers.
IFTA & Fuel Cost Tracking
We organize fuel purchase records by jurisdiction to support IFTA fuel tax reporting, which your accountant or a specialized filing service can finalize.
Driver Pay & Owner-Operator Settlements
We manage payroll and settlement calculations across mileage, percentage, and hourly pay structures.
Services Tailored for Trucking Companies
Load revenue entry, expense tracking, bank reconciliation, monthly reports
Rebuilding backlogged load and expense records
Correcting miscoded fuel, maintenance, and settlement entries
Driver and owner-operator pay, remittances, year-end slips
Fuel, maintenance, and equipment vendor invoice tracking
Monthly profit and loss with cost-per-mile summaries
Benefits of Outsourcing Bookkeeping
Software We Support
Industries We Also Serve
Alongside trucking companies, we support Construction Companies, Manufacturing Businesses, E-commerce Businesses, Realtors, Consultants, and Nonprofits.
Why Choose Majoka Accounting Ltd.
Majoka Accounting Ltd. is led by Managing Director M.A. Majoka, with Managing Partners Syed Mubashir Hassan and Ali Majoka. We support trucking companies across Canada and the United States remotely, using secure cloud systems and consistent monthly reporting. We are not a CPA firm and do not perform audits, our focus is accurate, current bookkeeping that supports your accountant and your operational decisions.
Our Simple Process
Frequently Asked Questions
Know Your True Cost Per Mile
If fuel costs, settlements, and driver pay are making your trucking company's books hard to trust, Majoka Accounting Ltd. can help. Book a free consultation and we'll show you exactly where your numbers stand.
Related Industries We Work With
Businesses like yours often ask us about these too. Each page covers the bookkeeping that sector actually needs.
Book a Free Consultation
Tell us how your business works and we'll show you exactly where your books stand, with a fixed monthly price and no obligation.