The Disbursement and JIB Manager provides 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.   If you’re familiar with QuickBooks® software, you will be able to quickly start using the Disbursement and JIB Manager software.  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.

The data integration with QuickBooks® provides the following time saving features:

• Revenue distribution checks are posted to the QuickBooks check register with full details. 
• Joint interest billing statements post to QuickBooks as accounts receivable invoices. 
• Wells are defined as classes within QuickBooks. This allows several new possibilities for reports using QuickBooks reporting. 
• Company financials will now report on revenue distribution and joint interest billing. 
• Automatic synchronization between the QuickBooks list files and the owner, vendor, well, and expense category files in the Disbursement and JIB Manager. 
• Revenue entry in the Disbursement and JIB Manager will create check register deposit entries in QuickBooks. 
• Account lookups are based on the QuickBooks chart of accounts. 
• Bills added through the Disbursement Manager will create a corresponding bill in QuickBooks.

No longer do you have to enter data twice. Now you can enter your data once have it posted to both the revenue distribution and joint-interest billing system and QuickBooks as your accounting system.