MetroSoft SOGAS
Oil and Gas Accounting Software
Database Module
The General Database contains the following menu areas:
Entity Maintenance, Chart of Accounts, Account Types, Contacts, Vendors, Owners, Purchasers, Operators, Division of Interests, Properties, Locations, JIB & Revenue Codes, Allocations, Lease Status & Ownership Changes and the 1099 File.
- Complete on-line inquiry of all database information
- User defined Division of Interest (DOI) types
- Division of Interest records are date effective
- SOGAS database records are flexible to fit your operations
- Inter-company information is automatically transferred from one Entity to related Entity at property and account level
- Allows for one set of name/address & Chart of Accounts records for all Entities if desired
- Division Order system allows for automatic setup of lease, DOI and contacts
- History of DOI changes maintained on-line
- Handles both operated and non-operated properties regardless of whether or not the Entity has an interest
- Duplicating (Copy) feature for Entity, Properties and DOI
- Ability to create financial statements at various levels below the Entity level
- Maintains insurance database for sub-contractors
The following screen shots show how the Property and Expense Allocation Windows appear within the General Database.
Property Window with Associated Tabs for Additional Data Areas
Expense Allocation By Entity
Next: Accounts Payable
