Virtually Unlimited Capacity
- Up to 1 Billion Transactions
- Up to 99,999 Wells
- Up to 99,999 Investors
- Up to 99 Companies
- Basically only limited by the size of your computer - Not the software
Joint Interest Billing System
- Let's you change format of JIB's
- Preliminary JIB Report
- Can Combine Revenue and Expenses on One Statement
- Net Out Expenses from Revenue
- Net Out by Owner or by Well
- Print for just One Well or All Wells
- Print options for many, many varied situations
- Flexible Expense categories, you can change
- Handles Pre-Payments
- Handles before Casing, after Casing, Workover, Payout, etc...
- Investors can have up to 8 different percentages for Billing or Revenue
- Carries decimal interest out to 10 decimals
- Handles Deleted Interest
- and more...
Revenue Distribution System
- Handles Suspense Accounting
- Prints Revenue Checks
- Net Out Expenses from Revenue
- Net Out by Owner or by Well
- Print for just One Well or All Wells
- Print options for many, many varied situations
- Flexible Revenue categories, (you can change)
- You can set Minimum Check Amounts
- Automatically Updates 1099 information
- Prints 1099's
- and more...
- Prints A/P checks
- Prints many varied Vendor reports
- Selectivity options for choosing which invoices to pay
- Prints 1099's for Vendors
- and more...
Accounts Receivable System
- Tracks all amounts due from Investors
- Prints many varied reports
- Prints monthly statements
- Varied selectivity options for posting payments
- and more...
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- Prints Profit and Loss Statements
- P&L's by Well or by Company
- Prints Balance Sheet
- Complete Year to Date Audit Trail for your accountant
- Flexible General Ledger categories
- and more...
Well Profit and Loss Statements
- Shows Gross, Net, Company Interest and Net Revenue Interest
- Can print for a Prospect, Lease or a single Well
- and more...
Well Cost Accounting System
- Tracks cost on a Well by Well basis
- Monthly, Yearly and Life to Date costs
- Budget vs. Actual
- and more...
- Calculates tax deductions
- Calculates Pay amount
- Prints Payroll checks
- Prints W-2 forms
- Prints Government Quarterly and Year-End Reports
- and more...
- I.R.S. changes, Government changes, Tax Form changes, Tax Table changes
- Most requested items from the Wish Lists
- Some new stuff we think you will like
- Any corrections to the software
- and more...
New Programs at Discounts
New programs are always offered to existing clients at discounted prices.
Examples of the past are:
- Special Backup Program
- Production History
- Internet Ready Module
- Store and Print Operating Statements
- Other Special Utility Programs
- and more...
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