| The majority of taxi drivers have little accounting or | | | | taxi financial accounts sheet. |
| bookkeeping knowledge and the DIY Accounting | | | | Taxi expenses are listed on a series of twelve |
| Cabsmart package for taxi drivers reviewed here | | | | monthly spreadsheets which have preset columns with |
| requires no previous accountancy experience from the | | | | appropriate headings for taxi drivers to record office |
| drivers. Data entry basically consists of just 3 records, | | | | and rental costs, fuel bills, other vehicle costs and |
| being an excel spreadsheet for taxi receipts; another | | | | licence fees. The total of each expense is entered on |
| for taxi expenses plus a further worksheet in which | | | | each row and a single letter used to then analyse the |
| assets such as a vehicle can be recorded. | | | | taxi expense to the column required. As with the taxi |
| Taxi receipts are entered on a series of excel | | | | income sheet the columns are then automatically |
| worksheets within the taxi income work book preset | | | | added which includes a check on data entry accuracy |
| with each day of the financial year. Weekly and | | | | before being transferred to the taxi driver accounts |
| monthly totals are added and transferred through the | | | | sheet. |
| linking system from the taxi bookkeeping sheets to the | | | | |