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

  • Owners can quickly determine their tax liability from the report

  • The Owner Detail Reports 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 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.

  • 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?

 

1. The "Owner Detail Statement" - JIB Listing

  • 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 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

  • 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)

  • 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

 

4. The "Owner Detail Statement" - Period to Period" (Print Recap)

  • 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