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Disbursement and JIB Manager
The Disbursement and JIB Managervides the independent oil & gas
producer/operator with a stand-alone revenue distribution and joint
interest billing software solution.
Built from the ground up making the most of Microsoft Windows®
technology.
With built-in QuickFill™ data fields, generous lookups and
forgiving flexibility, this system was built for independent oil & gas
operator/producers who don’t want to be forced into a rigid revenue
distribution and accounting system.
Features include:
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Easy to use Windows interface.
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Produces royalty owner and working interest owner checks.
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Produces joint-interest-billing statements.
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The ability to net expenses against revenue.
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Automatically calculates severance and production taxes.
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Automatically calculate compression and gathering charges.
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The ability to reconcile gas meters with a master station.
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Produces year-end 1099s for royalty and working interest owners as
well as year-end tax reports.
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Option to print state required compliance reports. (Currently: LA, OH, PA, NY, WV and WY)
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Flexible division of interest decks. (6 different types of revenue decks and 8 expense decks)
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User modifiable check formats – use your own check stock.
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The ability to print
any report including owner operating statements before or after the
revenue and expenses have been closed.
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Provides several investment reports such as depletion, section 29
credits, well payout as well as discounted-rate-of-return.
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Additional integrated modules are available such as Land Management
and Authorization for Expenditure.
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