| General Information
The book is designed to meet the requirements of the car owner, who, for personal satisfaction or business reasons, wants to follow the exact costs of a cars operation. The book is arranged to produce these figures. Others, who want only fundamental costs - and who will not use all the book's features - will find it equally satisfactory and at a cost no greater than less efficient methods.
The book is a record of one year's operation arranged for the layman based on accounting principles. It is not a cash account but a cost system. The purpose of Housel's Auto Expense Book is to see that all cost items are properly accumulated to show actual auto costs as incurred monthly and yearly. This book can be used as a mileage log book, auto expense tracker and other auto expenses.
How to Use Auto Expense Book
Many customers start their Auto Cost Book in January. However, you can start your entries at the beginning of any month. Enter your auto expenses under the appropriate date and heading (gas, oil, etc). Major expenses (auto insurance, car payments) may be distributed monthly and are recorded in the "Monthly Charge" section. At the end of the month all auto expenses are compiled and recorded as the "Total Expense" for the month. Gas and mileage log totals for the month are also recorded in the appropriate locations. Monthly "Miles per Gallon" and "Cost per Mile" figures are calculated. These calculations are recorded in the summary portion of each month's page.