Bookkeeping for Oilfield Service Companies in Odessa and Midland
Oilfield service work comes with money that moves fast: crews, equipment, fuel, subcontractors, invoices that wait on customers and bills that do not. When the books fall behind, you find out at tax time or when a bank asks for statements.
I'm Benjamin Branson, an MBA-trained bookkeeper in Odessa. I keep QuickBooks Online current for West Texas oilfield service companies, and every month I send you a clear picture of where the money went.
What you get every month
- Reconciled accounts and a clean monthly close in QuickBooks Online.
- A 2-page summary you can read in five minutes: profit, sales, costs and cash, a 13-month trend, and your top three priorities.
- A full monthly report of about 12 to 15 pages: your biggest costs, who owes you and for how long, what you owe, and every open issue found.
- A 52-point health scan of your QuickBooks file, every month, explained in plain English with the dollar amount: duplicate bills and payments, miscoded or uncategorized expenses, personal charges in the business books, overdrawn accounts, money stuck in suspense accounts, vendors raising prices, avoidable fees, contractors who may need a 1099, and changes made to months already closed.
- An interactive what-if tool built from your own books: see what happens to profit and cash if you raise prices, hire someone, or lose a customer.
Behind on your books?
Catch-up and cleanup is available after an initial review of your current books.
What I don't do
I don't file taxes. I hand your CPA or tax preparer clean, reconciled books.
Pricing
Starter from $400 a month, Growth from $700, Scale from $1,000, depending on transaction volume and complexity. Founding clients get Starter at $300 a month for the first 12 months.