Owner Detail Statements.

Owner Detail Statment

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.

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What does the Owner Detail Statement have to offer?

    • You can 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 Presents (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

    • This report will print in owner number consecutively, and will most likely be for the company purposes

    • 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

    • 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

    • This report will print in owner number consecutively, and will most likely be for the company purposes

    • It does not show detail, rather only some 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

 

You may be asking yourself why you need the Owner Detail Statement?

  • Every Investor; Working Intrest, 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 other Owner Detail Statements for a fee to their investors, rather than using a spreadsheet.

  • Operators will provide accurate information for ANY period.

  • This is the most requested module ever! And it shows the decimal interest for each transaction.

  • Owners can quickly determine their tax liability from the report