Financial Reporting

Petroware2000 is your reporting solution! What good is all the data if the reports are not informative or if pulling the desired detail is difficult? Want a report to pull by Transaction Date? No Problem. Want the same report by production date, entry date, invoice date, JIB date, Revenue Distribution date, etc.? No problem. It's a database ready at your command!

The easy to create, read and email reports in Petroware2000 are the financial executive's dream. Reports are the key to getting your data organized and presenting your company's financial condition accurately and "up-to-the-minute". Petroware2000's custom financial creation can expedite multi-column comparative financials by user-defined time periods!

"Petroware's live financials are the strongest I've ever seen; inside or outside the Oil and Gas Industry!"
- Quote from National Accounting Firm

With Petroware2000's live 24/7 financials to the company owner's share of all posted entries, the financial officers will never waste costly downtime waiting to receive the necessary reports again! What does this mean for the Petroware Client and his partners? Live bottom-line information every second of each day without waiting for month-end processing of the Joint Interest Billing or Revenue Distribution to get accounts receivable/payable at the owner level. Exclusive only to the Avatar Line of products, the allocation takes place with each posted transaction. Not only are the financial reports live to the company owner share, but any owner's reporting can be printed or emailed when desired. Finally, easy to use solution with the most accurate reports! Petroware2000 is your answer to your old reporting nightmare.

Just a few of the features included in reporting:

• Live 24/7 Financial report to the Company Owner's share.
• All reports pull to the screen for easy viewing, sorting, export and email.
• Petroware2000's exclusive "easy lookup" for selection of criteria.
• Detail behind the summary amounts for drill-down purposes.
• Printing options that include optional zero account balance exclusion.
• Summary line format or detail line format with wrapping detail from entries.
• Customizable reporting that lets each user decide the information layout and gathering criteria.
• Lease Operating Statements that can use any combination of user-defined hierarchical levels to run P&L by MULTIPLE levels and also by 8/8's, NRI, Single Owner plus multiple variations.
• Ability to include/exclude beginning balance to note period change.
• General Ledger Detail inquiry, see every entry (debits and credits) for a given transaction.
• User defined access by the Administrator for internal security.

And the list goes on...

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