Reimburse business driving at a per-mile rate. Multiply miles by the rate for the amount owed — the everyday math for expense reports and employee mileage claims.
The example
340 miles at $0.67/mile.
| A | B | |
|---|---|---|
| 1 | Item | Value |
| 2 | Miles | 340 |
| 3 | × $0.67 | → $227.80 |
The formula
The formula:
How it works
How it works:
- Multiply business miles by the per-mile rate.
- Total a log with
SUMPRODUCT(miles, rate)orSUM(miles) × rateif the rate is constant. - Subtract any commute miles that aren’t reimbursable first.
- Keep the rate in a cell so a yearly rate change is one edit across the sheet.
Compare reimbursement to actual cost. A flat per-mile rate is meant to cover fuel, maintenance, and depreciation. For a fuel-efficient car the rate may exceed actual cost (a small gain to the driver); for a thirsty truck it may fall short. Tracking reimbursement - actual_cost_per_mile × miles shows who’s over- or under-covered.
Try it: interactive demo
Business miles and rate per mile.
Variations
Total a log
Many trips:
Net of commute
Exclude commute:
Tiered rate
Rate by band:
Pitfalls & errors
Business miles only. Personal and commute miles usually aren’t reimbursable.
Rate changes yearly. Keep it in one cell to update easily.
Keep a log. Document dates and purpose for each trip.
Practice workbook
Frequently asked questions
How do I calculate mileage reimbursement in Excel?
How do I total a whole mileage log?
Do commute miles count?
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