Overview

The Roughneck Platinum Edition is a Fully Loaded Accounting System for Oil and Gas Operators. It has lots of options and flexibility for Billing Investors and Disbursing Revenue. It can handle up to 99 different companies (in one data directory) and each company can have up to 99,999 wells with different Owners for each well.

Roughneck has been around since 1979, so it has lots of features that have been developed over the years.

FEATURES

User Friendly - with all the features of any modern Windows program.
A step by step Tutorial for training New Users.
Help system contains Pictures and Examples.
Contains many System Self Checks for verification of data.
Has a section on Accounting for Dummies.
Has a section on Oil and Gas for Dummies.
Has many Time Saving Tools to aid in quicker setup of your data.
Produces Financial reporting for your Company - P&L's, Balance Sheet, all other info your accountant needs for taxes at year end.
Produces Financial reporting for each Well - Cost Reports, P&L for Working Interest & Company Interest, Well Analysis
Complete Billing and Revenue Disbursement system to Investors.
Can combine Billing of Expenses and Revenue Disbursement into one Operating Statement.
Has many options for handling NetOuts, Minimum Check Amounts, PrePayments and Suspense.
Email Operating Statements option - saves time and postage.
Has many Setup Features to help you configure Printing of Operating Statements, Reports and Checks.
Has a Preview Feature that lets you View a report on Screen instead of Printing to Paper.
Let's you Save Reports to a file, so you can print or view later.
Allows for Easy Editing and/or Deleting of Transactions.
Complete internal Backup and Restore routines - for making quick temporary backups.
Complete General Ledger, Accounts Payable, Accounts Receivable and Payroll systems.
Wish Lists - Users actually contribute and provide input to each new Release.
Quick Checks - let's your write a check on the fly.
... and much more

THE NORMAL ACCOUNTING CYCLE

Enter Expenses

Enter Payments Received from Investors

Enter a Run Check

Print Operating Statement (Billing and Disburse Revenue)

Print Revenue Checks

Update for Statements and Checks

Close Period Accounting Cycle - Print Financials, etc...

Begin NORMAL CYCLE again