Skip to main content
+1 (945) 382-5060 info@fuelcfo.com
Fuel Industry Accountant in Florida

Oil and Gas Accountant in Florida

FuelCFO is the Fuel Industry Accountant in Florida for Florida gas station and convenience store owners - daily reconciliation, every revenue stream separated, and FL fuel & sales tax handled right.

  • 5%-8%FL oil severance tax (by well type)
  • 0%FL individual income tax
  • 7.02%FL avg combined sales tax
  • 120M+ bblSunniland Trend cumulative production

Works with your POS, back-office & accounting stack

Gilbarco Verifone CStoreOffice PDI SSCS Petrosoft QuickBooks Xero Sage Intacct

Looking for a Oil and Gas Accountant in Florida who actually understands fuel retail? FuelCFO is a Fuel Industry Accountant in Florida that does gas stations and convenience stores all day - Florida's oil and gas history starts with a single well - Humble Oil & Refining Company's Sunniland No. 1, which blew in on September 26, 1943 in Collier County and became the state's first producing oil well. That discovery opened the Sunniland Trend, a modest string of fields running through South Florida that's still quietly producing eight decades later, while a much bigger (and now largely depleted) chapter played out at the Jay Field in the Panhandle starting in 1970. Florida accounts for well under 0.1% of US crude production today, and we're not going to inflate that into something it isn't - but real working-interest owners, royalty owners, and oilfield service companies still operate here, and oil and gas accounting services built for Florida's specific severance tax code, its zero state income tax, and its two very different producing regions are what an honest, small-but-real Florida operation actually needs. From gas station bookkeeping in Florida to fuel and sales tax, we run the whole back office.

Book a Free Review

FinTruction · Construction Clients

Proof from our construction brand

Real US-based contractors. Same team, same operational discipline that we now bring to gas stations. Construction is a different vertical - but the muscle (multi-stream books, cost reconciliation, niche specialization) is the same one stations need.

"They didn't just record transactions and call it a day. They built a custom chart of accounts around how a remodeling company actually runs, did a full catch-up on years of bookkeeping inside QuickBooks Online, and now stay on top of my monthly bookkeeping and payroll."

Oniel Campbell Oniel Campbell
Founder, Moonz Contracting

"Sahil and his team have been handling the bookkeeping and job costing for my painting business. They've done a great job cleaning up my books, using integrations to give me accurate, timely job costing and solid weekly data. Reliable, and the team is very detailed."

Dalton Mayberry Dalton Mayberry
Owner, ProperCoat Painting
Carl Moore

"FinTruction rebuilt the whole thing from the ground up, with real job costing, WIP, and retainage."

Carl Moore

Owner, Hearth & Haus

"FinTruction set the accounts up properly first, then cleaned up everything I never entered."

Rolian Rolian
Owner, Overtime Electric

"When I came to FinTruction I had no financial structure in place at all. No job costing, no WIP tracking, books were behind, no real way to tell if any job was actually making money. They came in, did a full cleanup, and set up job costing and WIP tracking inside QuickBooks."

Clay Pearson Clay Pearson
Owner, C. Pearson Contracting Corp

Reports That Actually Help

What a generalist hands over vs. what we hand over.

Same month. Same business. Two completely different month-end packages. One you file away. The other you actually use to run the station.

Generalist Bookkeeper

One blended P&L. A balance sheet. That's the report.

Profit & Loss (blended)
Balance Sheet
Per-grade fuel margin
Fuel vs. store P&L
Category margin (tobacco / beer / food)
Jobber statement reconciled
SNAP/EBT & ATM tracked separately
Shrinkage % by category

You file the PDF and you're still flying blind.

FuelCFO

An operator's dashboard. Built around how stations actually run.

Profit & Loss (blended)
Balance Sheet
Per-grade fuel margin
Fuel vs. store P&L
Category margin (tobacco / beer / food)
Jobber statement reconciled
SNAP/EBT & ATM tracked separately
Shrinkage % by category

You open the package and you already know what to do this week.

See a Sample of Your Reports

What You Get With FuelCFO
That Generic Bookkeepers Don't

Built to keep your fuel and store numbers under control as you grow

A Free Books Review, Before You Commit See what's working, what's missing, and where margin is leaking - before you decide anything.
Fuel & C-Store Bookkeeping, Not Generic Accounting Built for wet stock, jobber statements, and multi-stream revenue - not retail or service businesses.
Numbers That Actually Answer Questions Know which revenue stream is actually profitable, which one is draining cash, and why.
Clean, Accountant-Ready Reports Every Month Your accountant gets clean books when they ask - not excuses.
A Team That Understands How Fuel Retail Really Works Wet stock variance, jobber credits, and multi-category tax - your books are built to handle it.
5%-8%FL oil severance tax (by well type)
0%FL individual income tax
7.02%FL avg combined sales tax
120M+ bblSunniland Trend cumulative production

What we handle in Florida

Every accounting service we provide for Florida owners

21 services across fuel, store, tax, and multi-site operations - so nothing about your station runs on guesswork.

Fuel Operations 5 services

Wet Stock Variance Accountant Florida

Match what's in your tanks to what your books say — every day. Catch fuel shrinkage and loss before it bleeds into your margins. Our outsourced gas station accounting team handles wet stock reconciliation so you can focus on running the business.

  • Daily / periodic book vs. physical reconciliation by grade
  • Shrinkage & loss tracking with monthly variance reports
  • Grade-by-grade fuel COGS calculation (regular / mid / premium / diesel)
  • Temperature-compensated volume tracking where applicable
  • Water bottom and calibration adjustment monitoring
Book a Free Review

Fuel vs. Merchandise Margin Separation

Stop running on one blended P&L. See exactly what you make on fuel — and what you make on the store. Most gas station owners are shocked when they see the real cents per gallon margin next to merchandise margin.

  • Separate P&L for fuel and merchandise (department-level)
  • Allocation of shared costs (utilities, labor, rent) by reasonable basis
  • Fuel CPG (cents per gallon) margin tracked vs. branded supply terms
  • Merchandise margin by sub-category (tobacco, beverage, snacks, food, other)
  • Monthly side-by-side comparison and trend tracking
Book a Free Review

POS / Daily Sales Reconciliation

Reconcile your back-office system to your bank deposits every day, across cash, credit, debit, and fleet cards. Our gas station POS reconciliation catches shortages early — before a week of losses becomes a month of losses.

  • Daily POS / back-office to bank reconciliation across all tender types
  • Cash, credit, debit, fleet card, lottery, ATM, money order — separately
  • Shortage flagging by shift / by day with variance threshold
  • Credit-card batch settlement matching
  • Discrepancy investigation & resolution log
Book a Free Review

Jobber Statement Reconciliation Florida

Reconcile every fuel delivery to your jobber statement. Catch missing branded fuel supply credits, fleet card rebates, and pricing mismatches. Our jobber statement audit service recovers money most gas station owners never knew they were losing.

  • Line-by-line reconciliation of every fuel delivery to the jobber statement
  • Pricing tie-out to your supply contract (DTW, rack, freight, taxes)
  • Branded-supply credit & rebate tracking (BP, Shell, Exxon, Chevron, Mobil, Valero, Marathon, 7-Eleven, etc.)
  • Fleet card program rebate tracking (WEX, Comdata, Voyager)
  • Volume incentive monitoring against contract thresholds
Book a Free Review

Multi-Stream Revenue Tracking

Track fuel, merchandise, car wash, food service, lottery, fleet, repair bays — separately. Unified financials with category visibility. This is gas station financial management built for c-store operators who run more than just pumps.

  • Separate tracking for: fuel, merchandise, car wash, food service, lottery, ATM, fleet, repair bays
  • Per-stream P&L with stream-specific COGS and margin
  • Cost allocation rules for shared expenses (labor, utilities, rent)
  • Stream-level KPIs (margin %, $/sqft, sales-per-gallon, etc.)
  • Monthly stream comparison and trend tracking
Book a Free Review

Store & Merchandise 9 services

Car Wash Accounting

Track per-wash profitability, car wash membership revenue, water and utility cost allocation, equipment depreciation. Our car wash accounting service gives gas station owners the real numbers on whether the wash bay is an asset or a liability.

  • Subscription / membership revenue recognition (deferred revenue accounting)
  • Utility cost allocation (water, sewer, electricity) to the wash bay
  • Per-wash profitability tracking (volume, price, variable cost)
  • Equipment depreciation schedules with replacement-cycle tracking
  • Tunnel vs. in-bay automatic separation if you run both
Book a Free Review

Lottery, ATM & Money Order Accounting

Reconcile lottery sales & commissions, ATM cash & fees, money order liability. Our lottery accounting and ATM income tracking service gets the cash-intensive activity right — so your books and your compliance file are both clean.

  • Lottery sales tracking (state liability) + commission revenue (yours)
  • Lottery winner payouts & commission reconciliation
  • ATM cash management + fee revenue tracking
  • Money order / check-cashing liability accounting
  • BSA/AML-aware transaction documentation where MSB activity applies
Book a Free Review

Vendor / DSD Reconciliation

Reconcile direct-store-delivery vendors, scan data rebates, and incentives. Catch overcharges and missed tobacco rebates every month. Our DSD vendor reconciliation service covers Altria Reynolds rebates, scan data programs, and beverage vendor accounting for c-store operators.

  • Monthly reconciliation of every DSD vendor (beverage, tobacco, snack, dairy, ice cream)
  • Scan-data agreement tracking (Altria, Reynolds, ITG, etc.)
  • Promotional rebate & slotting fee tracking
  • Short / damaged / expired product credit verification
  • Vendor invoice to receiver reconciliation
Book a Free Review

Prepared Food & Deli Accounting

Track deli food cost, waste & spoilage, prepared food margin, and deli inventory. Real prepared food accounting with food economics, not guesses. Built for c-store operators running fresh food programs.

  • Food cost % calculation by sub-category (deli, hot food, coffee, bakery)
  • Waste / spoilage / shrinkage tracking
  • Prepared-food margin separation from packaged-food
  • Deli ingredient inventory tracking
  • Food-service labor allocation
Book a Free Review

Food Service Franchise Fee Accounting

Track franchise & royalty fees for in-store QSR brands (Subway, Dunkin, etc.). Our franchise fee accounting ensures clean franchise reporting and per-unit P&L for c-store operators running branded food inside their stations.

  • Royalty & franchise fee calculation per franchise agreement
  • Marketing / advertising fund contribution tracking
  • Franchise weekly & monthly reporting to the franchisor
  • Per-unit P&L (Subway / Dunkin / DQ etc. broken out from the rest of the store)
  • Franchise renewal & transfer fee tracking
Book a Free Review

Convenience Store Bookkeeper in Florida

Merchandise margin analysis by category (tobacco, beverages, snacks, candy, packaged food). Find what's pulling weight in your c-store. Our c-store category margin analysis turns blended averages into actionable category-level intelligence.

  • Margin % by category (tobacco, beer, soda, water, snacks, candy, packaged food, automotive, HBA, etc.)
  • Inventory turns & dead-stock identification by category
  • Promotional revenue and rebate attribution to category
  • Category sales-per-square-foot benchmarks
  • Sub-category drill-down (e.g., tobacco → cigarettes / smokeless / vape / cigars)
Book a Free Review

Gift Card & Voucher Accounting

Gift card liability accounting, breakage revenue, voucher redemption tracking. Don't book gift cards as revenue on day one. Our gift card liability accounting keeps your balance sheet clean and your tax reporting accurate.

  • Gift card liability ledger maintenance
  • Redemption tracking against original sale
  • Breakage revenue recognition under ASC 606 (when statistically appropriate)
  • Voucher program accounting (employee, fleet, promotional)
  • Branded fuel gift card reconciliation against issuer
Book a Free Review

Store Inventory & Shrinkage

Store-side inventory reconciliation with store shrinkage tracking built in. Catch theft, miscounts, and vendor short-ships before they cost you a month. Our c-store inventory management service measures shrinkage by category, by store, every month.

  • Monthly store inventory reconciliation by category
  • Shrinkage % calculated per category vs. industry benchmarks
  • Scan-data tie-out with vendor invoices
  • Variance flagging when shrink crosses a threshold
  • Theft / miscount / vendor short-ship attribution where possible
Book a Free Review

SNAP/EBT Income & ATM Reconciliation

EBT settlements and ATM surcharge income tracked, reconciled, and recorded correctly — including USDA SNAP retailer compliance hygiene. Our ATM income tracking and convenience store accounting ensure every cash-intensive stream is clean and audit-ready.

  • EBT settlement reconciliation against POS EBT sales (daily / periodic)
  • ATM cash load vs. cash dispensed vs. surcharge income reconciliation
  • SNAP retailer recordkeeping hygiene (audit-ready)
  • Separate revenue tracking for SNAP, ATM surcharge, money order, check cashing
  • Coordination with BSA/AML-aware bookkeeping for cash-intensive activity
Book a Free Review

The store side

C-Store Accountant in Florida

As your C-Store Accountant in Florida, we handle the store side most fuel accountants ignore - category-level merchandise margins, foodservice and deli cost, multi-category sales tax, and lottery, ATM, and money-order activity.

  • Humble Oil & Refining Company's Sunniland No. 1 well blew in on September 26, 1943 in Collier County - Florida's first producing oil well - and opened what's now called the Sunniland Trend, running northwest-southeast through Lee, Hendry, Collier, and Miami-Dade counties across eight commercial fields, including Sunniland, Felda, West Felda, Raccoon Point, Bear Island, and Lehigh Park.
  • More than 120 million barrels of oil have been produced from the Sunniland Trend since 1943, nearly all from the Upper Sunniland formation; Breitburn Operating LP - now part of Maverick Natural Resources following its 2016 Chapter 11 reorganization - remains the active operator of record for the Sunniland, West Felda, Raccoon Point, Bear Island, and Lehigh Park fields on the Florida Department of Environmental Protection's operator registry.
  • Florida's largest oil field by far isn't in South Florida at all: the Jay Field, discovered in Santa Rosa County near the Alabama border in 1970, holds an estimated 337 million barrels of recoverable reserves and once produced as much as 84,000 barrels a day, historically accounting for roughly two-thirds of all oil ever produced in the state.
  • Statewide crude production has stayed under 3 million barrels a year since 2004 and came in around 1 million barrels in 2023, the most recent full-year EIA figure - genuinely small-scale, at well under 0.1% of total US production, but a real and ongoing industry rather than a historical footnote.
  • Florida taxes oil production under Chapter 211, Part I of the Florida Statutes: 'small well oil,' from wells averaging under 100 barrels a day, is taxed at 5% of gross value, while all other oil is taxed at 8% - plus a separate reduced-rate provision for 'mature field recovery oil' from new wells drilled since July 1, 2012 in fields discovered before 1981, a category every Sunniland Trend field qualifies under since all were discovered between 1943 and 1978.
  • Natural gas production is taxed separately under section 211.025, Florida Statutes, at a rate indexed annually to the producer price index - $0.203 per Mcf effective July 1, 2026, up from a $0.171 base rate.
  • Florida has no state individual income tax at all - a genuinely notable point for working-interest and royalty owners - though its 5.5% corporate income tax still applies to C-corp operators; the state sales tax base is 6% with an average combined state-and-local rate of 7.02%, and the state motor fuel tax reached 22¢/gallon on January 1, 2026 with a 9.9¢/gallon SCETS surcharge layered on top.

The Florida market

What it takes to keep Florida station books clean

Florida's energy sector splits into two very different stories: the largely depleted but historically dominant Jay Field in the Panhandle's Santa Rosa County, and the smaller, still-active Sunniland Trend running through Lee, Hendry, Collier, and Miami-Dade counties in South Florida - spanning areas from Naples and Fort Myers near the Trend itself out to Tallahassee, Miami, and Tampa. Oil and gas accounting services here mean tracking Florida's two-tier oil severance tax - 5% on small-well oil, 8% on the rest - plus the separate mature-field-recovery provision that applies to nearly every well drilled on the Sunniland Trend since 2012, not a single flat percentage applied statewide.

Small scale doesn't mean simple. Sunniland Trend wells are older and lower-volume, often split across many smaller working-interest positions, which makes division order accounting and joint interest billing just as demanding as a higher-volume play - spread across more, smaller checks instead of fewer, larger ones. Petroleum accounting services for a Florida operator also mean navigating a state with zero individual income tax but real corporate income tax exposure for C-corp entities, plus a natural gas production tax that resets every July against the prior year's producer price index. With the Florida Department of Environmental Protection's Oil and Gas Program running field offices in both Jay and Fort Myers - the same two regions where nearly all of Florida's production actually happens - upstream oil and gas accounting and oilfield accounting services here need to serve two small, geographically distant regions with the same specialist attention, not one blended statewide assumption.

Daily books

Gas Station Bookkeeping in Florida

Clean books start with daily work. Our gas station bookkeeping in Florida reconciles POS to bank across cash, credit, debit, and fleet cards every day, matches fuel to your jobber statements, and keeps every transaction categorized - so you're never looking at numbers that are 30 days old.

We work directly in your QuickBooks, Xero, or Sage file from your CStoreOffice, PDI, SSCS, or Petrosoft exports - no migration, no on-site visit, just accurate FL-compliant books and an on-time monthly close.

Every revenue stream gets its own line - fuel, merchandise, car wash, lottery, ATM, and whatever else runs through your registers - so nothing gets blended into a single number you can't act on. You get a one-page owner report every month, plus Accountant-ready financials your outside accountant or tax preparer can use at filing time without asking you to explain your own books first.

About FuelCFO

Your Petroleum Accountant Florida

FuelCFO is a petroleum accountant Florida by focus, not by accident. We don't also do restaurants and law firms - we do fuel retail and convenience stores, every day, which is how we know wet stock variance, jobber credits, prepaid fuel tax, and per-grade COGS cold.

That focus means Florida owners get an accountant who already speaks their language: Gilbarco and Verifone, CStoreOffice and PDI, WEX and Comdata, fuel excise and multi-category sales tax. No ramp-up, no explaining your business - just clean books and clear numbers from month one.

We work remotely with station owners nationwide - one location or fifty, branded or unbranded - so Florida owners get the same dedicated team every month, not a rotating pool of generalist bookkeepers. That consistency is what lets us catch a shrinking fuel margin or a missed jobber credit before it costs you real money, instead of finding it months later at tax time.

Looking for the Best Gas Station Accountant in Florida?

Book a free books review. We'll look at your setup, show you what's missing, and tell you exactly how we'd fix it - no pressure, no obligation.

FAQ

Frequently asked questions

Our fees are scoped to your number of locations, revenue streams, and transaction volume, then billed at a fixed monthly rate - no hourly surprises. Most Florida single-site owners start with a focused monthly engagement; multi-store operators get a consolidated package. Book a free books review for an exact quote.
A general accountant rarely understands per-grade fuel COGS, wet stock reconciliation, jobber statements, or FL fuel-tax rules. A fuel industry Accountant in Florida does - which is the difference between a tax-season P&L and books you can actually run the business on.
Yes. We work entirely from your POS / back-office exports and bank feeds, so we deliver gas station bookkeeping in Florida for owners anywhere in Florida without ever setting foot on-site.
Yes - as a Multi-Store C-Store Accountant Florida, we standardize the books across every location and give you a consolidated P&L plus per-store reporting so you can compare sites.
We do gas stations and convenience stores and nothing else. Daily reconciliation, every revenue stream separated, FL fuel and sales tax handled on time, and one-page owner reporting - that focus is why Florida owners choose us.
It's genuinely small - Florida accounts for well under 0.1% of US crude production - but it's not nothing. The Sunniland Trend in South Florida has produced continuously since 1943, and the historically much larger Jay Field in the Panhandle still has active wells today. An energy sector accountant matters at this scale for the same reason it matters in Texas: joint interest billing, division order accounting, and severance tax reporting don't get simpler just because the volumes are smaller.
The Jay Field, discovered in the Panhandle's Santa Rosa County in 1970, is Florida's largest producer by far - an estimated 337 million barrels of recoverable reserves and roughly two-thirds of all oil the state has ever produced. The Sunniland Trend, discovered in Collier County in 1943, is smaller and spread across South Florida's Lee, Hendry, Collier, and Miami-Dade counties, but it's still actively producing today. The Florida Department of Environmental Protection runs separate field offices for each region because they're genuinely distinct oil and gas markets.
Chapter 211 of the Florida Statutes taxes 'small well oil' - wells averaging under 100 barrels a day - at 5% of gross value, and all other oil at 8%. There's also a reduced-rate 'mature field recovery' provision for new wells drilled since 2012 in fields discovered before 1981, which covers essentially every well on the Sunniland Trend. Upstream oil and gas accounting for a Florida operator means classifying each well correctly against that structure, not applying one flat rate.
It removes one layer, but not all of them. Florida still levies a 5.5% corporate income tax on C-corp operators, a natural gas production tax that resets every July against the prior year's producer price index, and the same federal-level depletion and severance accounting every producing state requires. Oilfield accounting services in Florida still need to track all of that correctly.

Book a Free Books Review

Find out what your numbers are really telling you.

Book a free books review. We'll look at your setup, show you what's missing, and tell you exactly how we'd fix it. No pressure, no obligation.

  • 30-minute call, your time
  • We look at a sample of your books
  • Clear scope & pricing afterward

Prefer to skip the form? WhatsApp us or email info@fuelcfo.com.

Nationwide Coverage

Gas Station Accounting Across the U.S.

Serving gas station and convenience store owners in 39 states and 87+ cities with specialized fuel accounting, bookkeeping, and tax.

39States Served
87+Cities Covered
100%Fuel-Focused
Accounting by State Statewide tax & compliance 39 states
Texas California Florida Illinois Georgia New Jersey New York Ohio Pennsylvania North Carolina Michigan Virginia Arizona +26 More →
View All Locations →

Don't see your area? We work with gas stations nationwide.