Roughneck's NEW
Owner Detail Statement
Your Investors and their CPA's will love it!
Roughneck is proud to introduce our newest module, the Owner Detail Statement! Our clients have been looking forward to this new product, and we are excited to announce it is finally here.
You may be asking yourself why you need the Owner Detail Statement?
- - Owners can quickly determine their tax liability from this report.
- - The Owner Detail Report will show the decimal interest for each transaction. This feature has never been possible, until now! This module has been requested more than any module ever requested!
- - Every investor; Working Interest, Royalty and Override, must provide their tax accountant with their share of Revenue, Taxes and Expenses.
- - Investors need to know monthly, and usually quarterly, how their personal Well P & L's stand and not have to wait until the end of the year.
- - Operators will be able to offer this service for the Owner Detail Statement for a fee to their investors, rather than using spreadsheets.
- - Cross checks are always correct monthly, quarterly or yearly.
- - Operators will provide accurate information for ANY period.
What does the Owner Detail Statement have to offer?
Four New Reports
1. The "Owner Detail Statement - JIB Listing" is the detail by owner, by well for the time period you specify.
- - Print this report by day, month, quarter or year
- - This date sensitive report will give you detailed information for General Ledger categories 3xxxx, 5xxxx, 71xxx - 75999
- - Shows owners decimal interest & their share for ALL Status Percents (1-8)
- - This report is only good as of Operating Statements printed and updated as of 01/01/2011 and forward, and for those who installed the 2011 Updates in January
2. The "Owner Detail Statement - Period to Period" is a summary by owner, by well for the time period you specify.
- - It does not show detail, rather only sum figures by General Ledger categories 3xxxx, 5xxxx, 71xxx - 75999
- - This report is only good as of Operating Statements printed and updated as of 01/01/2011 and forward, and for those who installed the 2011 Updates in January
3. The "Owner Detail Statement - JIB Listing" (Print Recap) will summarize the values for the dates specified on the filter, by owner by well.
- - This report will print in owner number order consecutively, and will most likely be for company purposes
- - The report does not show detail, rather only sum figures by General Ledger categories 3xxxx, 5xxxx, 71xxx - 75999
- - This report is only good as of Operating Statements printed and updated as of 01/01/2011 and forward, and for those who installed the 2011 Updates in January
4. The "Owner Detail Statement - Period to Period" (Print Recap) will summarize the values beginning with January 1st (or the first Operating Statement updated in the current Calendar Year) and end with the date you specify for Ending Date on the filter.
- - This report will print in owner number order consecutively, and will most likely be for company purposes
- - The report does not show detail, rather only sum figures by General Ledger categories 3xxxx, 5xxxx, 71xxx - 75999
- - This report is only good as of Operating Statements printed and updated as of 01/01/2011 and forward, and for those who installed the 2011 Updates in January
More Info:
JanuaryOPS - Supporting Operating Statement for January
FebruaryOPS - Supporting Operating Statement for February
JibListing - Report #1 (Jib Listing)
p2p - Report #2 (Period to Period)
JibListing-Recap - Report #3 (Jib Listing Recap)
p2p-recap - Report #4 (Period to Period Recap)
