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Accounting Mgr 

Disb Mgr

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Disbursement and JIB Manager

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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:

  • Easy to use Windows interface.
  • Produces royalty owner and working interest owner checks.
  • Produces joint-interest-billing statements.
  • The ability to net expenses against revenue.
  • Automatically calculates severance and production taxes.
  • Automatically calculate compression and gathering charges.
  • The ability to reconcile gas meters with a master station.
  • Produces year-end 1099s for royalty and working interest owners as well as year-end tax reports.
  • Option to print state required compliance reports. (Currently: LA, OH, PA, NY, WV and WY)
  • Flexible division of interest decks. (6 different types of revenue decks and 8 expense decks)
  • User modifiable check formats – use your own check stock.
  • The ability to print any report including owner operating statements before or after the revenue and expenses have been closed.
  • Provides several investment reports such as depletion, section 29 credits, well payout as well as discounted-rate-of-return.
  • Additional integrated modules are available such as Land Management and Authorization for Expenditure.