How it works
A settlement reconciles the revenue payable to a particular recipient with applicable deductions. It is a cash reconciliation, not necessarily load profit; an advance reduces cash still payable without becoming a new trip expense.
The formula
Keep currency, units and time periods consistent. Percentage inputs use percentage points (enter 5 for 5%). Results are rounded only for display; tiny nonzero values may use scientific notation. Undefined ratios are shown as unavailable.
$7,450 owner-operator revenue less $186.25 factoring, $372.50 dispatch, $1,800 fuel, $220 tolls, $300 advance and $100 other deductions gives $4,471.25. Across 2,400 miles, net settlement is $1.86/mi.
Calculation method
Owner-operator mode starts with eligible load revenue. Company-driver mode starts with agreed driver pay, entered as an amount or a percentage, plus reimbursements payable to the driver. It does not assign all carrier revenue to the driver. Every fee base and fuel responsibility remains configurable.
Interpretation
Enter only approved accessorials and deductions supported by the agreement and records. Linehaul by load can be summed into a weekly total. Fuel-card payments and reimbursed costs must each be deducted once; final paperwork can change the estimate.
Limitations
Use your own carrier costs, fee agreements and approved revenue. These are planning estimates, not booking recommendations or guarantees. Inputs stay in your browser; no trip or settlement figures are saved.
Using this in a dispatch decision
Select the settlement recipient and verify who bears each deduction. Fuel paid by the carrier must not also be deducted from a company driver unless the agreement assigns it to that driver. Reconcile the result with approved loads, advances and reimbursements.
Method and reference sources
Method and content checked 2026-09-20. These sources provide background, not endorsement or professional certification. The formula and limitations above define this calculator.
- ATRI — Trucking researchOperating-cost research context. No industry-average cost or contractual compensation rate is automatically used.
Frequently asked questions
Why must cost responsibility be selected explicitly?
A driver and an owner-operator may bear different deductions. Applying every truck expense to both parties would double-count costs and distort the settlement.
What is a worked example for Owner-Operator / Driver Settlement?
$7,450 owner-operator revenue less $186.25 factoring, $372.50 dispatch, $1,800 fuel, $220 tolls, $300 advance and $100 other deductions gives $4,471.25. Across 2,400 miles, net settlement is $1.86/mi.