Get Numbers Right the First Time and Every Time While Meeting Accounting Closing Deadline
Built for complex oil and gas accounting to meet unique physical commodities accounting practices and processes for upstream, midstream and downstream companies.
- Built-in physical commodities accounting functionality like asset accounting by cost centers, volume accounting, processing plant settlements, imbalances, tanks, inventory and WACOG, division orders, unique settlement periods for invoices and prior period adjustments
- Built-in derivating accounting for marketing or trading with MtM reporting and hedge accounting
- Integrated with commercial and operations modules eliminated data hand-off between different systems and save time on reconciliations and meet tight closing deadline
- Automated accounting closing process with built-in data reconciliation, reporting and internal controls
- Financial Accounting (AP/AR/GL) and trial balances