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Responsibility ReportingExcalibur
(Cost Centers and Budgeting)
Excalibur’s Responsibility Reporting system is a flexible accounting, budgeting and reporting system. It provides comprehensive, multilevel analysis reporting based on cost centers and allows you to customize reports to your specific requirements. The system is fully integrated with other Excalibur systems.
Data Entry Features
• Cost center budgets are maintained by dollar amounts and by volumes:
◦ For “8/8ths gross” and “net company share” by:
- Accounting period end date
- Service activity date
- Sales activity date
- Both dates for both dollar amounts and volumes
- Calendar year
•Budgetinglevelsareuser-definedtoallowbudgetsatanylevelintheroll-uphierarchy:
◦ ToallowbudgetingwithincostcentersforanynumberofGeneralLedgeraccounts ◦ Toallowbudgetingwithincostcenterandaccountforanynumberofperiods
• Supplemental budget amounts permitted.
•Duplicationfeaturetoautomaticallyreplicatebudgetamountsoverauser-specifiedrangeofdates.
• Electronic entry of budget amounts via Excalibur Data Interchange (EDI).
•Allocationoftransactionsfromaspecificcostcentertoanynumberofothercostcenterswiththeoptiontoallocatefromaspecificaccounttoadifferentaccount.
Accounting Controls and Features
•User-definedcostcentersandreportinglevels.
• Cost centers are company-independent.
•“Restriction”codeprohibitsenteringdetailtransactionsorbudgetamountstospecified“roll-up”costcenters.
•Automaticcreationofcostcentersatthedetailpropertylevelsuchaswells,leasesandAFEs.
•“Approvaldates”controlmodificationordeletionoforiginalcostcenterbudgets.
• Cost center transactions created through allocation process are automatically processed through JIB.
Denver|Houston|SanAntonio|FortWorth|Calgary|Bogotá|London|Tunis|Dubai|Singapore|Perth|Bangkok
www.P2energysolutions.com
Contact P2 Energy Solutions, [email protected], for more information or for a demonstration.
EMPOWERINGTHEPEOPLEWHOPOWERTHEWORLD
Denver|Houston|SanAntonio|FortWorth|Calgary|Bogotá|London|Tunis|Dubai|Singapore|Perth|Bangkok
www.P2energysolutions.com
Responsibility ReportingExcalibur
Reporting
•Reportingavailableatanylevelintheuser-definedhierarchies,withentered budgetandactualamountsrolled-uptothespecifiedlevel.
•Twodistinct“roll-up”pathsincludinga“primary”pathandan“alternate”pathprovideflexibilityfordefininghierarchicalrelationshipsforanycostcenter.
•Comprehensivebudgetandactualreportingbyaccountwithincostcenter.
• Accounting period end date and service or sales activity date reporting.
• Budget and actual data available for reporting on property-related cost centers includes:
◦ Dollar amounts for both “8/8ths gross” and “net company share”
◦ Volumes for both “8/8ths gross” and “net company share”
• Comprehensive transaction reporting for all cost center activity including transactions generated through the allocation process.
•PredefinedLeaseOperatingStatementreportavailableatanyreportinglevelintheuser-definedhierarchies.
•CDirectintegrationwithdesktopPCreportingtools(suchasExcel)forcustomizedreportingwithouthavingtore-keyfromthesystem.
•User-definedgroupingsofcostcentersandaccountsforspreadsheetanduser-formattedfinancialreports.
• Comprehensive on-line inquiries including:
◦ On-linedisplayofcostcenterbudgetsandactualsforboth“8/8thsgross”and“netcompanyshare”by: - Accounting period end date
- Service activity date
- Sales activity date
◦ Costcenter“drilldown”inquiry,fromaccountbalancestounderlyingdetailtransactions
Excalibur Data OLAP & Data Analysis
Accounts Payable Lease Records
Excalibur ExcelInterface (Fin Subs) Browser Queries
Asset Management(Inventory DD&A)
Authorization For Expenditure Joint Interest Billing Revenue
General Ledger Accounts Payable Accounts Receivable
Common Master Tables AdHoc Query Tool Responsibility Reporting
State Tax ReportingMMS-2014 Reporting
CDEX Payout ReportingExcalibur Data Interchange
JBLink
Land Contracts Well FilesAuthorization ForExpenditure (AFE)
Oil ContractsEnergy Production
Daily Production
Gas Availability
Gas Nominations
Gas Contracts Acct.
Daily Production
EngineeringInterface
Land Lease Records Land Legal Contract Land Division Orders Land Mineral Deeds Lease Mapping
BusinessAnalysis
Base E&P Accounting
Base Financial Accounting
Land Management
Base Common
Volumes Management
AccountingAdditions
Integrated DocVue Imaging