How taxi drivers can track fuel, fares and car expenses
A taxi driver may receive fares through Cash, M-PESA, Bank or a ride-hailing platform. Income can look good, but fuel and vehicle costs can reduce profit quickly.
Car-related costs include fuel, oil, tyres, service, repairs, insurance, parking, car wash, loan payments and platform commissions.
Tracking only fares is not enough. The driver needs to know what remains after vehicle costs.
What taxi drivers should record
- Cash fares.
- M-PESA fares.
- Platform or app payments.
- Fuel costs.
- Repairs and service.
- Insurance and licence costs.
- Car wash and parking.
- Loan or hire-purchase payments.
Why this matters
- A car can generate income but also create large hidden costs.
- Without expense records, the driver may overestimate profit.
How Bizwazi helps
- Bizwazi helps taxi drivers record income and expenses by account and review daily, weekly and monthly performance.
Use Bizwazi free
Track sales, M-PESA, expenses, stock and daily profit in one place
Bizwazi helps Kenyan businesses keep clearer records, compare Cash and M-PESA, control expenses, manage stock, follow up customers and understand daily profit without complicated accounting software.
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