The SOGAS Advantage
The state of New Mexico has an interesting tax routine for royalty, override and working interest owners when it comes to oil and gas revenue. One of our customers contacted Metrosoft about how this tax plan was changing to include new rules. In addition to these rules, they had some special ways of accounting, bookkeeping-wise, for the taxes on top of the state’s rules.
This situation required a special routine which would require a corresponding special function in SOGAS to capture the data correctly for the customer. After understanding what was needed, Metrosoft created the changes to the software program. This made data entry for the customer a one-step process, ensuring that the financial information was being handled correctly and met their requirements.