Bookkeeping · Monahans, Texas

Bookkeeping Services in Monahans, TX

Monthly bookkeeping for Monahans businesses that live on the I-20 corridor: trucking companies, oilfield service shops, motels, restaurants and the contractors who keep them running. Reconciled accounts and statements every month, handled remotely.

Monahans at a Glance

County
Ward County
From our office
About 36 miles southwest of Odessa on I-20
Sales tax
8.25% inside city limits
Local economy
Oil and gas, frac sand, trucking along I-20, cattle and tourism
CFP Consulting Office Team

Our team in the Odessa office, about 36 miles northeast of Monahans on I-20.

Why It Matters in Monahans

Bookkeeping Along the I-20 Corridor

Monahans grew up on the Hendrick oilfield and still depends on oil and gas, along with the sand mines and trucking that supply the Delaware Basin to the west. Being right on I-20 also brings a steady flow of travelers, which keeps the motels, fuel stops and restaurants busy. Visitors to Monahans Sandhills State Park add to that.

Those businesses look different, but the bookkeeping problem is the same: lots of small transactions, fuel and repair costs that add up fast, and income that does not always arrive when the bills do.

Costs by Truck or Load

Fuel, tires and repairs tracked by unit or by job, so you can see which work pays.

High-Volume Sales Days

Daily card and cash deposits matched to sales for motels, restaurants and fuel stops.

What You Get

Monthly Bookkeeping for Monahans Businesses

01

Reconciled Accounts

Bank, credit card and fuel card accounts matched to statements every month.

02

Unit and Job Tracking

Costs tied to trucks, jobs or locations, set up around how you bill.

03

Monthly Financials

A profit and loss statement and balance sheet each month, in plain language.

04

Sales Tax Ready

Collected sales tax tracked at Monahans’ 8.25% city rate so the return is easy to file.

Remote by Default

Working With Us From Monahans

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 36 miles northeast of Monahans on I-20, and you are welcome to stop by with an appointment.

Across the Permian Basin

Bookkeeping in Nearby Towns

Frequently Asked Questions

What Monahans business owners ask about bookkeeping.

Can you track costs for each truck in my fleet?
Yes. We set up tracking by unit so fuel, maintenance, tires and insurance show up against each truck. That makes it clear which trucks earn their keep and which ones cost more than they bring in.
I run a motel or restaurant with lots of card sales. Can you handle that volume?
Yes. We match daily deposits and card processor payouts to your sales, including fees, so the books show what you actually took in.
What is the sales tax rate in Monahans?
The combined rate inside Monahans city limits is 8.25%, made up of the 6.25% state rate and 2% city tax. Rates can be different outside city limits, so confirm your rate with the Texas Comptroller.
Will I need to come to Odessa to drop off paperwork?
No. Monahans clients can do everything remotely, with documents shared securely online and meetings by phone or video. If you would rather meet face to face, our Odessa office is about 36 miles northeast of Monahans on I-20 and is open 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.