What your employer owes you.
A worked example
Starting figures
- Business miles
- 620
- Rate per mile
- $0.67
- Your mpg
- 30
- Fuel price
- $3.60
What it returns
- Reimbursement
- $415.4
- Above actual fuel cost
- $341
- Fuel used
- $74.4
How to read the results
With the defaults above, reimbursement works out at $415.4.