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The Billing Simulation provides the capability of identifying  the total amount to be charged for any desired owner in the current billing cycle. This report assists in projecting cash flow by: a) projecting the Internal Owner's share of JIB charges or b) determining any desired working interest owners estimated billing.

 

Features include:

1.Real time report that simulates a billing cycle based on the cycle extract options selected.

2.Won’t interfere with normal revenue/billing daily functions such as division of interest or suspense changes.

3.Produces a pre-check report that will split the current JIB into three sections, desired working interest owner, all other working interest owners, and the amount for the billing deleted interest owner.

 

Since this is a billing simulation only, you will not have the capability of printing checks or updating the cycle.  It can be run as often as needed during the month.