Live Demo Tour Maintenance Requirements Training Case Studies FAQ Accounting/Financial Management Crude Oil Marketing Land Management CDEX Production Management Geographic Interface Gas Marketing/Control Inventory Payroll Engineering Interface Accounts Payable Accounts Receivable Authorization for Expenditures Budgeting Depletion(Cost and Statutory) Depreciation FinancialReportWriters General Ledger Joint Interest Billing Partnership Accounting Property Report Writers Revenue Accounting Revenue Accurals   Insert brief text and link to launch tour     Insert brief text and link to launch demo     Depreciation The Avatar depletion system allows both Cost and Statutory Depletion to be calculated at the same time. The user has the ability to tell the system which accounts in the general ledger to use when calculating both methods of depletion. User defined control records are used to extract expenses and production from the general ledger Makes necessary book to tax basis adjustments 1,000 BBL/Day Limitations 65% of taxable income limitation report Reserves can be changed during the year and system will adjust depletion accordingly ©2003 Avatar Systems, Inc.