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When it comes to monitoring my spending and miles as a freelancer, I recently started using Hurdlr, and it has been a truly game-changing experience for me. This application was developed with those who run small businesses and freelancers in mind, and it provides a solution that is especially built to meet our individual requirements. One of the most important aspects that I value is its tax tracking functionality, which enables me to precisely record the amount of revenue that is subject to taxation.
Not only does it cover expenses that are deductible on tax returns, but it also ensures that I do not miss out on any deductions. The best thing is that Hurdlr provides a free plan that includes unlimited manual mileage monitoring. This makes it simple for me to record both my income and my costs. Being able to keep track of my financial commitments is made easier by the tax computations summary, which is a helpful tool.
I am able to easily access my financial data while I am on the move thanks to the mobile app’s user-friendly interface. The process of documenting receipts is very convenient for me, as it assists me in maintaining organization and getting ready for tax season. There are subscription options available on Hurdlr beginning at ten dollars a month for users who are interested in more advanced features. Automatic tracking of mileage, as well as tracking of revenue and expenses, are all included in these plans. In addition to this, they come equipped with the capability of double-entry accounting, advanced reporting, and invoicing.
My processes for managing my finances have been simplified as a result of this, which has proven to be advantageous. When I was doing research on Hurdlr, I discovered that it has received an average score of 4.5 on review websites that are not affiliated with the company. The majority of users are pleased with the features and functionality of the product. On the other hand, one of the most prevalent complaints is that there is no telephone support and there is no option to select between actual expenses and standard rates for mileage deductions.
Hurdlr Specifications
The Hurdlr tool is an all-encompassing program that is aimed for individuals who are self-employed as well as small enterprises. It is designed to manage both costs and income. It offers a selection of features, including a user-friendly design, comprehensive features, and economical pricing, among other things.
| Feature | Description |
|---|---|
| Expense Tracking | Automatically track business expenses through bank account connections, receipt scanning, and manual entry. |
| Income Tracking | Track income from various sources, including invoices, sales receipts, and cash payments. |
| Mileage Tracking | Automatically track mileage for business trips using GPS or manual entry. |
| Real-Time Reporting | Get instant insights into your finances with real-time reports and dashboards. |
| Tax Calculations | Estimate your state and federal taxes based on your income and expenses. |
| Receipt Management | Upload, store, and organize receipts for expense documentation. |
| Invoicing | Create and send professional invoices to clients directly from the app. |
| Project Management | Track project budgets and expenses for better financial control. |
| Multi-Currency Support | Track finances in multiple currencies, ideal for businesses operating internationally. |
| Data Export | Export your financial data to other accounting software or spreadsheets. |
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What Is Hurdlr?
Those individuals who are self-employed, freelancers, or solopreneurs and want aid in keeping track of their income and spending as well as calculating the amount of tax that they will be required to pay are the target audience for the Hurdlr app. This software not only keeps track of kilometers, but it also helps users to keep track of their income and expenses, generates reports on a monthly, quarterly, and annual basis, and provides an estimate of the amount of tax that you will be required to pay.
It is generally agreed that the aspects of Hurdlr that are believed to be the most helpful are the automatic mileage tracker, the income tracker, and the tax estimator. Furthermore, the program is able to generate reports by making use of this information during the process. Everyone is able to receive the reports that you send out via email. The production of these reports was done with the intention of making the process of filing your taxes more straightforward.
Hurdlr review: Mileage Tracking
Through the use of its seamless mobile application feature, Hurdlr revolutionizes the process of tracking mileage. Putting your mobile phone in your vehicle allows the mileage tracker to function effectively in the background without any interruptions. Users will have a more pleasant experience as a result of this cutting-edge system, which does away with the requirement of manually logging information.
As you begin on journeys linked to your work, the app provides you with a straightforward classification process that enables you to classify certain trips as being for business purposes. After then, Hurdlr takes possession of the situation and painstakingly computes your deductible expenses. Not only does this hands-free solution make the process of recording miles more efficient, but it also guarantees that expense calculations are accurate, which gives users the opportunity to save significant time and effort.
Hurdlr review: Income Tracking
Hurdlr makes it easier for users to keep track of their money by allowing them to connect their accounts in a smooth manner. When users get income from their businesses, they are able to easily categorize it within the respective app. In addition, the process is simplified even further for Premium customers, as the sophisticated features of the application automatically classify income according to the rules that the user has established.
Not only does upgrading to Premium improve efficiency, but it also provides a hands-free approach to making decisions on revenue management. Users have the ability to ensure precise and automated classification by simply defining personalized criteria, which saves time and reduces the amount of manual effort required. Not only does this user-friendly system offer a comprehensive perspective of the income generated by the firm, but it also optimizes the tracking of financial information for both increased precision and control.
Hurdlr is a helpful tool for business owners and entrepreneurs who are looking for a convenient and automatic solution for tracking their financial information because of its user-friendly layout and premium features, which enable users to conveniently manage their money.
Hurdlr review: Expense Tracking
Sole proprietors and people who work on the side need to be able to manage their money well. In an ideal world, these people would use a separate credit card or bank account for business expenses only. This would help them keep their personal and work finances separate. By linking this account to financial management software like accounting software or budgeting tools, business owners can easily speed up the process of keeping track of and organizing their spending.
Going about things in this organized way not only makes keeping records easier, but it also gives you a full picture of how much the group spent. There is, however, an alternative for people who might not want to follow such a structured method at first: they can connect all of their personal credit cards and bank accounts to the device that is used for managing their money.
People whose finances aren’t well organized can benefit from this approach because it lets them categorize their spending as it happens, which makes them more aware of their money and makes tracking easier. Regularly managing money is important for side hustlers and solopreneurs because it helps them make smart choices that will benefit their businesses in the long run. This is always the case, no matter what method is taken.
Hurdlr review: Pricing
Regarding the pricing structure, Hurdlr gives its users the opportunity to choose between one free plan and two paying plans. The most important differential comes in the fact that although the free plan does allow you to measure mileage, you are only able to do so manually. On the other hand, the subscription plans give you the ability to track mileage automatically.
It is also conceivable for the premium plans to automatically check spending by utilizing machine learning. This is something that can be obtained. One of the only plans that provides advanced features, such as the capacity to issue invoices, accounting tools, and complete reporting capabilities, is the Pro plan, which is the most expensive of the available options. We recommend that you upgrade to the Pro version if you are interested in obtaining these features.
Final Words
I have found that Hurdlr is really beneficial, particularly with regard to its capabilities to track mileage. This is something that I have discovered via my own personal experience. Among the things that particularly stand out to me are its tax reporting features. These tools have been a game-changer for me in terms of managing my tax payments and making sure that I claim all of the deductions to which I am entitled when I record my company’s expenses. Not only does Hurdlr make it simple for me to keep track of my receipts, but it also enables me to keep a close eye on both my income and my expenditures. Not only is it important to keep track of miles.
Hurdlr review: The Good and Bad
You can make more money by side jobs, consulting, or starting your own business. Sadly, the bookkeeping that comes with these tasks is sometimes hard to do. This is a great app for you if you’re having trouble figuring out your taxes, keeping track of your business’s income and costs, or keeping track of your Uber or Lyft mileage.
The Good
- Includes tax calculation feature under the free plan
- Offers accounting and invoicing features in higher plans
- Has a Time and Task feature for calculating billable hours
- Offers a helpful support site called Hurdlr University
The Bad
- Offers only annual billing for Pro plan
- Lacks telephone support
- Lacks multicurrency support
Questions and Answers
We enjoy the tax reporting elements of Hurdlr because, in addition to its skills for tracking mileage, it assists persons who are self-employed in managing their tax payments and claiming tax deductions when recording company expenses. Users are also able to organize receipts and keep track of their income and expenses.
In the background, MileIQ will take care of tracking your drives automatically. Through the use of MileIQ, you will no longer be required to manually track your miles or even manually begin and exit the recording process. You will be provided with a mileage log that is compliant by MileIQ.