I have noticed that the Revenue (production receipts) I entered is being grossed up. Is there a way to stop that? I don't want more money distributed than I actually receive.

The system will gross up the revenue if there is a direct paid owner within the well's Division of Interest, or if there is a Dummy owner within the well's DOI. (A Dummy owner serves as a placeholder in the DOI for an owner whom you do not disburse to, and is unknown). The system gross up the revenue by their (direct paid or dummy interest) percentage in order to show you the gross production on the well. However, only the net amount (revenue that you actually received) is paid out during the run closing. You can verify this with the Well Revenue by Well report for the New Run. The amount shown in the Net column is the amount that will be processed and paid out when the run is closed.

Also, be sure that when you enter your Production Receipts that you are entering the amount you actually received from the purchaser, not the gross revenue for the well.

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