How to calculate mileage reimbursement
PURPOSE
Mileage reimbursement documents business use of a personal vehicle.
WHAT TO RECORD
Track travel date, starting point, destination, business purpose, miles driven, and any related notes.
CALCULATION
Multiply eligible business miles by the applicable mileage rate.
DO NOT INCLUDE
Do not include normal commuting miles unless your policy specifically allows them.
BEST PRACTICE
Record mileage at the time of travel instead of guessing later.