Bookkeeping Services in Fort Stockton, TX
Fort Stockton earns money from the oil patch, the ranches and the steady traffic on I-10. Each of those keeps books differently. We reconcile your accounts monthly and set up the records around the way your business actually brings in money.
Fort Stockton at a Glance
- County
- Pecos County
- From our office
- About 85 miles south of Odessa on US-385, through Crane and McCamey
- Sales tax
- 8.25% inside city limits
- Local economy
- Oil and gas, ranching, irrigated farming and I-10 travel trade
Our team in the Odessa office, about 85 miles north of Fort Stockton on US-385.
One Town, Three Very Different Sets of Books
Fort Stockton has been a ranching center since the 1800s, and the Yates oil field, opened in 1926, made Pecos County an oil county too. Sitting on I-10 with US 67, 285 and 385 all passing through, the town also serves a constant stream of travelers headed to El Paso, San Antonio and Big Bend.
A motel or restaurant collects sales tax and often hotel occupancy tax on every sale. A ranch has land, livestock and lease income. An oilfield service company has net 60 invoices and fuel bills due weekly. We set up each set of books for what that business needs to track.
Lodging and Restaurant Taxes
Sales tax and hotel occupancy tax recorded as they are collected, apart from your income.
Ranch and Lease Income
Livestock sales, grazing and hunting leases and mineral income each kept in their own accounts.
Bookkeeping for Fort Stockton Businesses
Monthly Reconciliation
Bank, merchant processor and credit card accounts matched to their statements every month.
Tax Collected Accounts
Sales tax at the 8.25% city rate and hotel occupancy tax tracked so the money is there when returns are due.
Cost Tracking
Expenses sorted by property, ranch or job, depending on how your business runs.
Monthly Statements
A profit and loss statement and balance sheet you can hand to a lender, partner or franchisor.
Working With Us From Fort Stockton
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 85 miles north of Fort Stockton on US-385, and you are welcome to stop by with an appointment.
Other Services in Fort Stockton
Tax Preparation in Fort Stockton
Business, ranch and royalty returns plus franchise tax reports.
Tax Planning in Fort Stockton
Estimates, purchase timing and year-end decisions for Fort Stockton owners.
Payroll in Fort Stockton
Payroll with tips, overtime, tax deposits, TWC reports and W-2s.
Frequently Asked Questions
What Fort Stockton business owners ask about bookkeeping.
