Balance Sheet: This report is the company's balance sheet as of a specified date. Two different kinds of balance sheets can be printed. A Standard Balance Sheet shows the current period's balance sheet accounts and their balances. The Comparative Balance Sheet shows the current period's balance sheet accounts and their balances as well as the same period last year. Balance Sheet PDF

Income Statement: The Income Statement report shows the company's income and expenses for a given period and year to date. If a comparative statement is chosen, the system prints an income statement that includes the same period last year as well as last year to date totals. Income Statement PDF

Trial Balance:This report is a trial balance of each account for the period. It shows the account's beginning balance, the period's debits and credits and the account's ending balance. Trial Balance PDF

Owner Distribution Statement: Owner statements can be produced each accounting period and sent to each owner along with the disbursement check. The statements list the amount of the owner's check and a detail of net income and expenses by well. Owner Distribution Statement PDF

JIB Statement: These statements can be produced each accounting period and sent to each JIB working interest owner along with their revenue check. The statements list the expenses each joint interest owner owes for the production period(s) processed. Joint Interest Billing Statement PDF

Well Listing Report: This report shows all wells in the system and includes: Well ID, Well Name, Township, County, State, Permit No. and Parcel. You can also print a well listing that includes the owners and their interests for each well. Well Listing PDF

Well Revenue/Expense Detail or Summary Report: The detail report lists all income and expenses for the specified well or wells. This report can be used to check that all the income and expenses have been entered for a particular well. It will show both Net and Gross information. The summary report lists a one-line summary for each well chosen that includes the total income, expenses, severance taxes and net disbursement. Well Revenue/Expense Detail PDF or Well Revenue/Expense Summary PDF

Owner Disbursement Summary: This report will show the total units, income, expenses, tax, compression and gathering, and net disbursed by well. Owner Disbursement Summary PDF

Owner 1099 Reconciliation Report: To produce a report that owners can use for tax filing purposes, choose Owner 1099 Reconciliation from the Owner Reports menu. The statement is a one-page summary of each owner's totals per well including: MCF, BBL, gross revenue, operating expenses, severance taxes and the owner's net total. Owner 1099 Reconciliation PDF

Well Production Reports: Well Production Reports display the total production for each well. This report will only show data that has been processed on a run closing. Well Production Reports PDF

Well Payout Report: The Well Payout reports show the initial investment in each well and then a year-by-year report of cash received from production from the well. The report projects the cash to be received for those years in the future. The cash is estimated based upon the decline percentages entered for the field. The estimate is made by averaging the last three years gross income and then declining the average by the decline percentage. Expenses are averaged for the last three years with the one-time expenses being dropped out. You can also choose to estimate with the change in price of gas and oil as a consideration. Well Payout Report PDF

Discounted Rate of Return Report: The Discounted Rate of Return report shows the initial investment in each well and then a year-by-year report of cash received from the well. An internal rate of return calculation is made based upon the initial investment and the amount of cash received each year. The report projects the cash to be received for those years in the future. The cash is estimated based upon the decline percentages entered for the field. The estimate is made by averaging the last three years gross income and then declining the average by the decline percentage. Expenses are averaged for the last three years with the one-time expenses being dropped out. You can also choose to estimate with the change in price of gas and oil as a consideration. Discounted Rate of Return PDF