Fuel Tax Changes

PETRO-DATA, INC.
Petroleum Distributor Software Priced Within Your Budget Since 1985
Welcome to the Petro-Data End of Year Documentation Page!

Many of you have already been to our home page.  This Web Page is for users of the Petro-Data Complete Jobber Software System though visitors are more than welcome.  On this site we will post the latest PDF files for End of Year accounting procedures.    Please bookmark this Web Page.  All EOY documents for 2018 will be posted here as the information becomes available to us.  We wish everyone a Happy and Prosperous 2018!

   Payroll Appendix
Payroll Appendix and PR Year End (No tax changes for 2018 yet!)

The Payroll Appendix and PR Year End contain instructions for Various
 PR Functions and End of Year. 

We will post the rates for 2018 and the link to the IRS document when it becomes available.

You may have no choice but to do your first PR without the new tax rates but we will keep you posted.
   Payroll End of Year
   Payroll Tax Rates
​        for 2018
Bad Debt Write Off and Customer Labels

Most companies write off their Bad Debts at the End of the year.  Here are some things to consider.

   Bad Debt Writeoff

Remove Fuel Tax Exemptions

This is the time of the year when your customers must submit new certificates for fuel tax exemptions.  To comply with the law, you must remove their exemptions until you get their paperwork.
Remove Exemptions​
Year End Processing Tips

A few reminders of what you need to do each module for End of Year.
Our Holiday schedule is also enclosed in this document.
Year End Processing​
1099s and 1099Ks

Instructions for vendor 1099s.
Instructions for 1099K for credit card dealers.  Contact Petro-Data if you are under legal obligation to file your 1099Ks electronically.
1099s for Vendors
1099Ks for Dealers
      IRS Notice of 
2018 Tax Changes
   Customer Labels

Fuel Tax Changes​ and Oil Spill Fee Changes
This document shows you how to change fuel tax changes and how to input an effective date if necessary.  The Oil Spill fee may or may not be in effect in 2018 and depending on the vendor.  Read our bulletin.
Change Oil Spill Fee