Bookkeeping · Kermit, Texas

Bookkeeping Services in Kermit, TX

Bookkeeping for Kermit businesses that are too busy in the field to keep up with the office. We reconcile your accounts, track who owes you, and send clear monthly statements, all without you making the drive to Odessa.

Kermit at a Glance

County
Winkler County
From our office
About 45 miles west of Odessa on TX-302
Sales tax
8.25% inside city limits
Local economy
Oil and gas, frac sand mining and oilfield trucking
CFP Consulting Office Team

Our team in the Odessa office, about 45 miles east of Kermit on TX-302.

Why It Matters in Kermit

Bookkeeping When the Owner Is Also the Crew

Kermit has been an oil town since the Hendrick field came in near town in 1926, and it now sits close to the edge of the Delaware Basin, one of the busiest drilling areas in the Permian. Frac sand is mined from the dunes northeast of town, and a lot of local businesses haul, service or supply that work.

In a town of around 6,000 people, many of those businesses are run by owners who are on location all day and doing paperwork at night. The books slip, invoices go out late, and it gets hard to tell how the business is really doing.

Invoices Out, Payments In

Receivables tracked so you know which operators and contractors still owe you.

Books Without the Night Shift

Monthly bookkeeping handled for you, so evenings are not spent sorting receipts.

What You Get

What Kermit Clients Get Each Month

01

Monthly Reconciliations

Bank and credit card accounts matched to statements so nothing is missing or doubled.

02

Receivables Report

A list of open invoices and how long each has been outstanding.

03

Financial Statements

A monthly profit and loss statement and balance sheet you can read in a few minutes.

04

Sales Tax Tracking

Taxable sales and collected tax tracked at Kermit’s 8.25% city rate.

Remote by Default

Working With Us From Kermit

1

Documents

Statements, receipts and tax forms are shared securely online, so nobody has to drive paper anywhere.

2

Meetings

Calls and video meetings on your schedule, with check-ins through the year, not just a rush in April.

3

The Office

Prefer to sit down in person? Our Odessa office is about 45 miles east of Kermit on TX-302, and you are welcome to stop by with an appointment.

Across the Permian Basin

Bookkeeping in Nearby Towns

Frequently Asked Questions

What Kermit business owners ask about bookkeeping.

I am in the field all day. How much of my time does this take?
Not much. Once your bank and card accounts are connected and you have a way to snap and send receipts, most months only need a few minutes from you to answer a question or two.
Can you help me keep track of who owes me money?
Yes. We record every invoice and payment so you get a clear list of open balances by customer. That makes follow-up calls easier and shows when a slow payer is becoming a problem.
What is the sales tax rate in Kermit?
The combined rate inside Kermit city limits is 8.25%: 6.25% state, 0.5% Winkler County, 1% city and 0.5% special district. Rates can change and differ outside town, so confirm your rate with the Texas Comptroller.
Is Odessa too far to work with you from Kermit?
No. Kermit clients can work with us completely remotely, by phone, video and secure file upload. If you ever want to sit down in person, our Odessa office is about 45 miles east of Kermit on TX-302, and we meet clients there by appointment.
How much does bookkeeping cost?
Pricing depends on your entity type, transaction volume, and which services you need. We'll give you a flat quote after a short call, so there are no surprise invoices. Most business owners find the tax savings cover the fee.