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Oil & Gas Revenue Distribution

part of the ICommander Accounting Software product line, by ICommander Corporation

Features

  • Projects Master File for Grouping Properties and Wells
  • JIB Expense Allocations
  • Post Production Cost Calculation and Allocations
  • Michigan State PPC Special Handling
  • Interest Holder Vendor File Accommodates Multiple Name & Address Lines
  • Pay-To Vendor Function for Issuing Checks to Banks & Others
  • Flag Vendors Subject to Backup Federal Income Tax Withholding
  • History of All Changes in Interests in Every Property
  • Multiple Projects and Production Periods in Process Entries
  • Enter Production by Meter Number when Beneficial
  • Extensive Options for Unusual Revenue or Deductions Entry
  • Calculation of Severance Tax
  • Option to Blend Prices Across all Properties in a Project
  • Extensive Adjustment Functions Including
    • Project-Wide Reversal/Reallocation
    • Interest Transfers and Similar Adjustments
    • Suspend/Un-Suspend Flagging History
    • Interest Holder Reallocations
  • Optional Automatic Relief of Our Interest
  • Optional Reconciliation of Actual PPC Expenses to Calculated
  • Reprint Remittance Advices from History
  • Print Cumulative Remittances from History
  • 1099 Reporting
  • Extensive History in Summary and Full Detail
  • Option to Enter Prior Production Allocated on a Different System

Other Applications

The following applications are designed to work hand-in-hand with Oil & Gas Revenue Distribution:

"Oil & Gas Revenue Distribution" is part of the ICommander Accounting Software line of products, developed by ICommander Corporation.

Related Products

"Oil & Gas Revenue Distribution" is part of the ICommander Accounting Software line of products, developed by ICommander Corporation.

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  • System Requirements

    Desktop

    • Microsoft Windows
    • Web-based

    Server

    • Microsoft Windows Server
    • Linux or Unix
  • Industries

    ICommander Accounting Software is made for businesses in the following industries:

    • Construction
    • Distribution / Wholesale Trade
    • Educational Services
    • Government & Public Administration
    • Non-Profit Organization
    • Retail Trade
    • Transportation
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