Bookkeeping, payroll, and accounting services for small businesses across Northwest Arkansas.

Call or Text: (479) 685-9673

How do I handle lumper fees in my bookkeeping?

Create a dedicated expense account for lumper fees rather than lumping them into a general category. Something like “Lumper Fees” or “Loading/Unloading Expenses” works. This keeps them visible so you can see exactly how much you’re paying over time. Lumper fees are a direct cost of moving freight, not general overhead, so they belong in your cost of goods sold section or as a direct operating expense.

The part that trips up most truckers is handling reimbursements. When a shipper or receiver reimburses your lumper fee through the load settlement, you need to record that reimbursement or your books will show expenses you didn’t actually pay out of pocket. If you paid $350 in lumper fees but got reimbursed $350 on the settlement, your net cost is zero. Recording just the expense makes your margins look worse than they are.

The cleanest approach is to record the lumper fee as an expense when you pay it, then record the reimbursement against the same account when the settlement arrives. Your lumper fee account ends up showing only your net out-of-pocket costs. If you want to track gross lumper fees paid, you can run a report before the reimbursements hit.

Keep your lumper receipts. They’re tax deductible whether you get reimbursed or not, and you’ll need documentation if you ever get audited. A simple system works fine. Snap a photo with your phone and organize by month or by load number. Trucking companies deal with enough receipts that a consistent habit matters more than a fancy app.

If you want real visibility into which loads actually make money, track lumper fees by load. This takes more effort but shows you which customers or lanes cost more than they appear. A load that pays well on paper might not look so great after $400 in lumper fees at delivery.

Working with a bookkeeper near Gentry who understands trucking means your chart of accounts gets set up correctly from the start. Lumper fees, fuel, permits, and other trucking-specific expenses all have nuances that generic bookkeeping misses.

Northwest Arkansas's Dedicated Bookkeeping Partner

The Next Step:
A Quick Conversation

Tell us about your business and where you need help. We'll listen, ask a few questions, and give you a clear plan and honest price.

More Questions

What is the difference between cash and accrual accounting?

Cash accounting records income when you receive payment and expenses when you pay them. Accrual accounting records income when you earn it and expenses when you incur them, regardless of when money actually changes hands.

Read answer

What is the Heavy Vehicle Use Tax and how do I account for it?

Heavy Vehicle Use Tax is a federal tax on vehicles weighing 55,000 pounds or more that operate on public highways. File Form 2290 by August 31 annually, and either expense the payment immediately or record it as a prepaid expense and amortize monthly.

Read answer

What bookkeeping system works best for restaurants?

Restaurants need a system that handles high transaction volume, integrates with your POS, and tracks tips accurately. QuickBooks Online with proper POS integration is typically the best fit for most restaurant operations.

Read answer

Can QuickBooks handle inventory tracking?

Yes, QuickBooks Online Plus and Advanced include inventory tracking features. The software handles basic inventory well, but proper setup and consistent use matter more than the software's capabilities.

Read answer

How do I handle multi-state tax filings for my trucking business?

IFTA is the primary multi-state tax filing for trucking. You register through your base state and file quarterly returns reporting fuel purchases and miles driven in each jurisdiction. Good mileage and fuel tracking is essential.

Read answer

What payroll taxes do Arkansas employers need to pay?

Arkansas employers pay the federal payroll taxes plus state unemployment insurance. There's no state disability or paid leave tax in Arkansas, which keeps things simpler than many states.

Read answer

Oliver Bookkeeping Solutions offers monthly bookkeeping, payroll, and accounting services to small businesses in Benton County and across Northwest Arkansas.

Client Reviews

5-Star Rated Firm

Social

  • QuickBooks Level 1 Certified badge
  • QuickBooks Level 2 Certified badge
  • QuickBooks Payroll Certified badge

© 2026 Oliver Bookkeeping Solutions, LLC