Flippd HelpHelp › Expenses, Mileage & Taxes
Expenses, Mileage & Taxes
- How do I add and track business expenses? To add an expense, open the Expenses tab, tap + , choose Enter manually , fill in the details, and save. Tracking expenses helps you know your true profit and…
- How do I attach the items I bought to a sourcing trip? Open a business trip in the Mileage tab and use the Items sourced on this trip card. Tap Attach , check the items you bought on that trip, and tap Save . The link…
- How do I make Flippd classify my regular trips automatically? Open the Mileage tab, tap Manage on the tracking card, then Auto-classify rules . Three kinds of rules classify trips the moment they save: a Work hours schedule,…
- How do I map my expense categories to IRS Schedule C lines? To map your categories, go to Reports , open Schedule C Summary under Tax Reports , then tap the Schedule C Categories icon in the top right. Each expense category…
- How do I prepare my tax reports and export data for my accountant? Your tax reports live under Reports > Tax Reports : the P&L Statement , the Schedule C Summary (US businesses), and the Mileage Log PDF. To hand your accountant the…
- How do I scan and save receipts? To scan a receipt, tap Add Receipt on the expense form, or tap + on the Expenses screen and choose Scan with camera or Scan from gallery . Flippd's AI extracts the…
- How do I set up recurring expenses for subscriptions and rent? To set up a recurring expense, add an expense as usual, set Repeat to how often it recurs, and pick an End Date . Flippd creates every occurrence up to that date…
- How do I track business mileage for tax deductions? To log a trip, open the Mileage tab, tap + , enter the trip name, date, and miles driven. Flippd calculates your deduction using the IRS standard mileage rate in…
- How does automatic trip detection work? Flippd can automatically detect when you're driving and log the trip for you. Tap Manage on the tracking card in the Mileage tab, choose Tracking mode , then…
- What expense categories are available and how do I use them? Flippd organizes your expenses into categories that align with common tax deductions. Choose the right category when adding an expense for easier tax preparation.