Live Demo Tour Maintenance Requirements Training Case Studies FAQ Accounting/Financial Management General Ledger Accounts Payable Accounts Receivable Revenue Accounting Joint Interest Billing Authorization for Expenditures Partnership Accounting Depletion(Cost and Statutory) Depreciation Budgeting Revenue Accurals Property Report Writers Financial Report Writers Land Management Lease Master Record Land Management Reports Land Management Inquiry SubSystem Contractual Obligations System Production Management Control Records Transaction Entry Production Reporting Inventory Entry Screens Purchase Orders Reports & Inquiry Payroll Master files Timesheet Entry Inquiry Internal & Regulatory Reports CDEX Crude Oil Marketing Master files Entry Processes Reporting Gas Marketing/Control Master files Entry Processes Reporting   Insert brief text and link to launch tour     Insert brief text and link to launch demo     Revenue Accurals This module allows the client to automatically accrue revenue for all properties monthly. System accrues revenues for properties at the purchaser level. If payment has not been received for a production month, the accrual is automatically generated. Accruals can be automatically reversed from month to month. Accruals use actual sales volumes from Avatar's Production Information Management System. If sales volumes are not available, a moving average of the last three, two, or one month's sales volumes is used for the accrual. Prior months' accruals are reactivated in the current accrual month if payment for the prior months has not been received. Reports: Accrual generation report Accrual vs. Production report Accrual exception report ©2003 Avatar Systems, Inc.