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Adding WolfePak’s Joint Interest Billing and Revenue Disbursement modules to its powerful financial system creates a complete, fully integrated accounting system for the oil and gas operator. At the touch of a button, print Joint Interest Billing statements, disburse revenue, or produce net checks for selected owners. The system includes the ability to automatically pay invoices based on due date, and generate past-due notices to investors who have failed to send in their payments. Financial reporting capabilities include complete summary and detail reports, as well as detailed trend reports by lease. Other features include:
"Joint Interest Billing (JIB)" is part of the Oil & Gas Accounting line of products, developed by WolfePak Software.