InvesTrack
- Overview
Do
you own interests in producing oil and gas wells?
Do you want easy access to reports by payor, well, location,
date received, date produced, etc.?
Do you want to make year end financial reporting a snap?
InvesTrack
for Windows is the ultimate investment tracking tool
for oil and gas investors. InvesTrack for Windows will
put well information at your fingertips and actually
SAVE YOU MONEY by reducing the labor hours you are currently
expending in posting and reporting your well activity.
Small
and large investors alike will appreciate the ease of
use and reporting capabilities of InvesTrack for Windows.
Streamlined entry and posting of well revenue and expenses
means you don't have to look up a well number or use
a calculator before entering data from the check stub.
Verify daily deposits to well revenue totals quickly
and easily. Yearly reports by payor help you compare
your receipts with the 1099 you receive from the payor.
Missing Revenue reports tell you which payors have not
yet paid you. Graphs of well revenue and volumes are
also available.
Life-to-date
reports tell you whether you've reached payout on a
given well or groups of wells. Revenue and expenses
are tracked by product codes. The user can add two product
codes to the predefined list. Special reports can tell
you whether your production volume qualifies for a "stripper
well" classification, which helps your accountant
at yearend during tax preparation. Other reports compare
volumes by production months, payments by multiple payors
on a well, etc. Reports can be viewed or printed in
various formats by operator, payor, state, county, venture,
well number, property/mineral number, etc.
InvesTrack
for Windows has multiple modules, the most popular of
which is the revenue module. Other modules available
include Land and Mineral Management, Accounts Payable,
General Ledger, Cash Receipts and Gas Balancing.
A
demonstration package is available (CD, tutorial and
documentation) for you to examine. The demonstration
package costs $80, which is applicable to your subsequent
purchase.
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