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  1. 1099s

    I just wanted to let you guys know the whole 1099 process went very smoothly this year and for the first time, the submission to the IRS was good the very first time! Thanks!

    1 vote
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    0 comments  ·  Flag idea as inappropriate…  ·  Admin →
  2. Add production volumes to 1099 reconciliation report

    I suggest adding production volumes to the 1099 for both: 1) total volumes attributable to an owner so that they can be sure that they are not limited for their depletion deduction and 2) Qualified production under IRC section 45I (marginal well credit) - wells that produce 15 boe or less per day (90 mcfe) qualify as marginal and then the first 1,095 boe (6,570 mcfe) for the tax year from those marginal wells qualify as marginal production subject to the credit. It would be helpful to provide this information to owners receiving 1099s on their reconciliation report.

    1 vote
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    0 comments  ·  Flag idea as inappropriate…  ·  Admin →
  3. 1 vote
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    0 comments  ·  Flag idea as inappropriate…  ·  Admin →
  4. Print owner labels for a specific JIB run (currently only available for Revenue runs)

    Have the ability to print out a deposit ticket (or listing) when you make deposits.

    1 vote
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    0 comments  ·  Accounting Manager  ·  Flag idea as inappropriate…  ·  Admin →
  5. Print owner labels for a specific JIB run (currently only available for Revenue runs)

    Print owner labels for a specific JIB run (currently only available for Revenue runs)

    1 vote
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    0 comments  ·  Accounting Manager  ·  Flag idea as inappropriate…  ·  Admin →
  6. Allow suspense to be cleared as of a particular run

    When a well is sold and the prior owner has suspense, we need to be able to clear the prior owner's suspense to give them a check before we transfer the interest to the new owners. There may be one or two runs that need to go to the new owners instead of all past suspense.

    Being able to clear suspense as of a particular run would allow us to leave the runs that should go to the new owners and clear what should go to the prior owner.

    3 votes
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    0 comments  ·  All Software Applications  ·  Flag idea as inappropriate…  ·  Admin →
  7. Advanced Posting for JIB Runs

    Provide an advanced posting option in JIB run closing as it is an option already in the Close Revenue Run

    1 vote
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    0 comments  ·  Disbursement and JIB Manager  ·  Flag idea as inappropriate…  ·  Admin →
  8. Line for note, description in suspense/beginning balance adjustments - date entry was made

    Line for note, description in suspense/beginning balance adjustments - date entry was made

    1 vote
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    0 comments  ·  All Software Applications  ·  Flag idea as inappropriate…  ·  Admin →
  9. House Gas Payment Received Report

    Please produce a report that shows House Gas Payments received. You have aged receivables but we need a report to show what payments have been received. Also would be nice if report shows the "Description" field from house gas usage entry as that is where we input the well that homeowner receives the gas from.

    1 vote
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    0 comments  ·  Flag idea as inappropriate…  ·  Admin →
  10. Overriding Royalty Interest inclusion in wells

    Include a specific section for tracking ORRI along with all other types of interest. Most purchasers separate that out into a different accounting deck, therefore when manually entering in a check, the calculated values are entirely off and we manually have to change them. It would be a huge time saver.

    1 vote
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    0 comments  ·  Well Profits Integrated Edition  ·  Flag idea as inappropriate…  ·  Admin →
  11. Some errors should offer option to continue and ALL error reports should include line number

    When importing revenue and expenses error message regarding invalid data should include what input line record the error is found and ask if import should continue leaving out that record..
    Running 11K record input files that take an hour only to find at the end that a revenue code was misspelled - or something of that sort - is a real bummer.

    1 vote
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    0 comments  ·  Well Profits  ·  Flag idea as inappropriate…  ·  Admin →
  12. Save data import error reports in text/excel format

    Ability to save a missing Property Number report as an excel or text file would give a big boost to the Well entry process.
    And while you're at it, adding county, state, interest type and decimal interest to the report would be good too.

    1 vote
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    0 comments  ·  Well Profits  ·  Flag idea as inappropriate…  ·  Admin →
  13. Email House Gas and Brine Invoices

    We need a way to email house gas invoice as well as brine invoices like you can owner statements.

    1 vote
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    0 comments  ·  All Software Applications  ·  Flag idea as inappropriate…  ·  Admin →
  14. Report to show all import map CODES

    There are many expense codes and import map codes. There is a report to print all expense codes already.
    It sure would be easier to check and cross check the import mapping codes if I could print them out instead of clicking through each one.

    1 vote
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    0 comments  ·  Well Profits  ·  Flag idea as inappropriate…  ·  Admin →
  15. Tax Codes

    One can map 4 tax columns. It would be excellent to be able to map associated tax code columns just like the deducts columns.
    Right now, we have to decide whether to track deducts or taxes.
    More recent Revenue statements have tax and deducts 1-10!!!

    1 vote
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    0 comments  ·  Well Profits  ·  Flag idea as inappropriate…  ·  Admin →
  16. 1 vote
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    0 comments  ·  Flag idea as inappropriate…  ·  Admin →
  17. Reciepts Detail Report for Well Profits

    NEEDED: A report to show Receipt DETAIL - a Report that will show every entry in a specific Production Receipt This should be similar to the Bill Detail report but for receipts.
    I want to see for every well on the receipt - the entered revenue, type of interest, interest %, product code, product taxes and other deductions by production month. This will help me debug problems in manual entries.

    The Receipt Totals report totals entries which is definitely helpful in other ways but falls short in day to day debugging of entries..

    1 vote
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    0 comments  ·  Well Profits  ·  Flag idea as inappropriate…  ·  Admin →
  18. AFE module to be able to track expenses against prepayments recieved

    if you don't run JIB's you are not able to track prepayments received from Owners against well expenses. The only way to track currently is manually.

    AFE only will track expenses and no way to send out a statement to reflex the balance against those expenses.

    1 vote
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    0 comments  ·  Flag idea as inappropriate…  ·  Admin →
  19. Add the group a house gas owner is tagged to their Owner Usage Statement

    Please add the group a house gas owner is tagged to to their Owner usage statement. It helps sorting a big stack of invoices.

    1 vote
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    0 comments  ·  Accounting Manager  ·  Flag idea as inappropriate…  ·  Admin →
  20. Would it be possible to add the AFE # and the balance of the legal description (SEC & Range) to all AFE reports / presentations / cash calls

    Would it be possible to add the AFE # and the balance of the legal description (SEC & Range) to all AFE reports / presentations / cash calls?

    1 vote
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