Bookkeeping Services in Stanton, TX
In Martin County a business might get paid by an oil operator one week and a cotton gin the next. We keep Stanton books reconciled every month and organized the way your income really arrives, so you know where you stand before the loan officer asks.
Stanton at a Glance
- County
- Martin County
- From our office
- About 40 miles east of Odessa on I-20, past Midland
- Sales tax
- 8% inside city limits
- Local economy
- Oil and gas, cotton farming and ranching
Our team in the Odessa office, about 40 miles west of Stanton on I-20.
Books for Cotton Country Sitting on Top of an Oil Field
Stanton is the county seat of Martin County, and the county has two economies running side by side. Cotton has been the main crop here for about a century. Since the 1950s, oil has grown alongside it, and in recent years Railroad Commission reports have put Martin County at or near the top of Texas counties for crude oil production.
That mix shows up in the books. Farm income lands in a few big checks a year, while oilfield service work pays on invoices that can sit for 30 to 60 days. Monthly bookkeeping lines those two cash cycles up so you can plan around them instead of being surprised by them.
Crop Year Tracking
Seed, fertilizer, fuel and custom work tied to the crop year, so you can see what each season made.
Invoices From Operators
Oilfield service receivables tracked by operator, so slow payers are easy to spot.
Bookkeeping Built for Stanton Businesses
Monthly Reconciliation
Bank, credit card and operating loan accounts matched to statements every month.
Farm and Business Separation
Farm, ranch and oilfield service activity kept in separate books or classes.
Lender-Ready Statements
A profit and loss and balance sheet you can hand to your ag lender or bank.
Sales Tax Records
Tax you collect tracked on its own, at the 8% combined rate inside Stanton city limits.
Working With Us From Stanton
Documents
Statements, receipts and tax forms are shared securely online, so nobody has to drive paper anywhere.
Meetings
Calls and video meetings on your schedule, with check-ins through the year, not just a rush in April.
The Office
Prefer to sit down in person? Our Odessa office is about 40 miles west of Stanton on I-20, and you are welcome to stop by with an appointment.
Other Services in Stanton
Tax Preparation in Stanton
Farm returns, royalty income and business returns for Stanton families.
Tax Planning in Stanton
Crop sale timing, royalty planning and estimates for Stanton owners.
Payroll in Stanton
Payroll for farm seasons, oilfield crews and Stanton shops.
Bookkeeping in Nearby Towns
Frequently Asked Questions
Questions Stanton business owners ask about bookkeeping.
