Trucking settlements and IFTA, in the ledger
Revenue per load, pay per driver, deductions, escrow and chargebacks, settled in the ledger rather than in a workbook that gets emailed on Thursdays. Ask and we will walk you through the trucking deck.
Trucking Settlement
A settlement is not a paycheck. It is a per-load calculation with mileage or percentage pay, accessorials, advances, escrow contributions, insurance and lease deductions, and a chargeback history, produced weekly, disputed occasionally, and needing to reconcile to both the driver statement and the general ledger. NetSuite has no load record and no settlement engine. Carriers run the calculation in Excel and journal the result, which means the driver statement and the books are two different documents that happen to agree most weeks.
What's in the scope
- Load and trip records with mileage
- Percentage, flat, mileage and hourly pay models
- Deductions and advances on driver settlements
- Owner-operator escrow with chargebacks
- IFTA worksheet by jurisdiction
Who it's for, and what it doesn't do
Who this is for
Asset-based carriers, owner-operator fleets and mixed fleets on NetSuite. Anyone running settlements weekly and reconciling them monthly.
No dispatch or TMS
No load boards, no planning board, no driver assignment. We take the load record and account for it.
No ELD or telematics
Miles come in from your system of record. We do not read the truck. And no route optimization: not our lane.
The IFTA worksheet is a worksheet
Not a filing service. We produce the jurisdiction mileage and fuel-tax computation. You or your provider file it.
No fuel card integration
Fuel purchases import by file. Direct card integration is separately scoped.
Related applications
AR Factoring
Freight factoring is the norm, not the exception. Assigned receivables, advances, reserves and factor reconciliation, on the invoices this application produces.
Start with your number
Send us the line item you want to replace: the vendor, the annual number and what it is priced on. We will tell you plainly whether we can replace it, and quote it in two lines: the license, and any services you choose to add.
Copyright 2026 TAVA. All rights reserved.
Runs natively in your NetSuite account.
This website uses cookies.
We use cookies to analyze website traffic and optimize your website experience. By accepting our use of cookies, your data will be aggregated with all other user data. See our Privacy Policy.