Accounts Payable

• Record and process vendor and joint interest invoices
• Manage electronic workflow for client invoice approval
• Process and deliver payments

Accounts Receivable

• Process revenue and accounts receivable cash receipts
• Pursue collection of joint interest receivables – including netting
• Monitor accounts receivable aging reports

Joint Interest Billing

• Record material transfers
• Set up and maintain JIB schedules
• Prepare and deliver invoices to joint interest owners
• Record monthly COPAS overhead rates and update as appropriate
• Prepare monthly LOE and capital cost accruals and G&A accruals
• Receive, process and transmit joint interest billings (JIBs)
• Set up AFEs, enter budgets and provide comparison reports
• Resolve discrepancies with operators and working interest owners