McLeod Tracks Unit Profitability by Driver, Tractor, Load, More

McLeod Software Corp., Birmingham, Ala., has released LoadMaster Revenue/Expense Allocation Module,

which enables carriers to track certain elements of their business so that they can report on, evaluate and determine profitability. LoadMaster is McLeod’s flagship truckload enterprise software solution.
Revenue/Expense Allocation allows carriers to code their tractors, drivers, and orders/movements for profitability tracking. With this coding, revenue transactions are allocated to the appropriate general ledger account based on the pickup, delivery, or even prorating of records. Expense transactions are allocated in the same manner as revenue, or, where appropriate, are allocated based on the payee allocation coding.
LoadMaster’s integrated General Ledger Module provides the flexibility and reporting to compliment Revenue Expense Allocation. The general ledger account structure can be defined with a 20-character account number with up to six segments (main account plus five sub-accounts) for profitability tracking. General Ledger reporting can be generated for each of the segments.
For more information visit www.McLeodSoftware.com.