Topics:

  • Setting Up Net Owners
  • Where to Set Up New Owners

    We DO net check our owners. Are there specific options throughout SherWare that should and should not be checked in order for this to happen?

    To net check your working interest owners, make sure that the JIB Int option in your working interest owners' Division of Interest record is unchecked. If that option is unchecked, the system will automatically net their expenses from their revenue during a revenue run closing.

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    Since I'm setting up a new company in QuickBooks and a new SherWare company, does the owner info need to be entered into both or will QuickBooks pick up the info from SherWare? (DMIE)

    You do not need to add the owners to QuickBooks manually. Only add them into the Owner Information screen in SherWare, making sure to click the New button for each new owner. After all owners are added in SherWare, you can synchronize your list files with QuickBooks (under the Utilities menu), and this will add all owners to QuickBooks as Customer: Jobs.

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