What is Miles(V) or Miles Value mean? A What is Miles(V) or Miles Value mean? Posted by ExpressMileage Miles Value is the Miles (distance) X Cost Per Mile. It is also represented by Miles(V) within the system. For example: 10 miles X .50 per mile = $5.00 Miles(V) Note: You can adjust Cost Per Mile from the Rates-Units page. Category: Creating Your Log Permalink ExpressMileage Previous Post What is variance? Can it help me randomize my log entries? Next Post How can I create a more randomize log?