Skip to main content

Need to allocate business expenses via separate reports? Lyft just made it easier

Lyft
Image used with permission by copyright holder
As Lyft and Uber duke it out for market share new features for riders, and occasionally drivers, are dropping weekly. The latest Lyft tweak refines its convenience reporting for business travelers, according to Venture Beat.

In April, 2016 Lyft introduced Business Profiles. That program makes it easy for business travelers to switch between business and personal mode rides. Each mode can be assigned to a different credit card, and can be connected to Concur Travel and Expense management accounts to automate expense reporting.

Recommended Videos

With business profiles, your Lyft app has three tabs, for All, Personal, and Business. When you tap the Business tab, for example, all of your business trips display. The reporting before was all or nothing, which is helpful to an extent, but there was no way to break out trips for separate reports.

Custom reports business expense reporting can come in handy. If you bill by client or by project, you can simply select specific trips for a report. Just tap on Business, tap on the trips you wish to include for a specific report, and tap Send Report.

If your job or business has different profit or business centers with separate accounting, the ability to allocate expenses between them can save a lot of the time involved in going through reports later to differentiate which trips should be charged to which specific accounts.

Uber offers business profiles for its riders. With Uber’s system you can not only switch between personal and business cards for rides, you can also add memos and project codes to differentiate the rides. Business trip receipts are sent to a business email address and you can set up weekly or monthly business travel reports.

Business travelers have largely shifted from taxi to ridesharing services during the past two years. This important market for both Lyft and Uber is expected to receive extra attention and it looks like Lyft and Uber are both trying to provide it.

Bruce Brown
Bruce Brown Contributing Editor   As a Contributing Editor to the Auto teams at Digital Trends and TheManual.com, Bruce…
Never mind slowing sales, 57% of drivers will likely have an EV in 10 years

Sales of electric vehicles (EVs) have slowed globally over the past few years. But should EV makers cater more to the mainstream, it’s likely that 57% of drivers will have an EV in 10 years, consulting firm Accenture says.

Last year, nearly 14 million EVs were sold globally, representing a 35% year-on-year increase. But it was much slower than the 55% sales growth recorded in 2022 and the 121% growth in 2021.

Read more
I spent a week with an EV and it completely changed my mind about them
The Cupra Born VZ seen from the front.

After spending a week with an electric car as my main vehicle, opinions I’d formed about them prior to spending so much time with one have changed — and some quite dramatically.

I learned that while I now know I could easily live with one, which I wasn’t sure was the case before, I also found out that I still wouldn’t want to, but for a very different reason than I expected.
Quiet and effortless

Read more
Trade group says EV tax incentive helps U.S. industry compete versus China
ev group support tax incentive 201 seer credit eligibility

The Zero Emission Transportation Association (ZETA), a trade group with members including the likes of Tesla, Waymo, Rivian, and Uber, is coming out in support of tax incentives for both the production and sale of electric vehicles (EVs).

Domestic manufacturers of EVs and their components, such as batteries, have received tax incentives that have driven job opportunities in states like Ohio, Kentucky, Michigan, and Georgia, the group says.

Read more