Throughout the 2007 year I had entered in some expenses incorrectly, not amount wise but in the expense code. How would I fix this so the statement will read correctly for their owner's taxes?

To change the expense code that was used, you can use the Well Expenses by Well screen. Enter a detail line for the expense with the same date, amount, expense code, etc. The total should be a negative amount for the same amount that was charged. This will reverse the original entry. You can then enter it in again with the correct information, but still use the old date.

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An invoice that has already been paid was posted to the wrong well and should have been split between two other wells. How do I go about deleting the expense from one well and transferring over the expense to two different wells?

Has the run been closed yet? If it has then you will have to make an adjusting entry for the next run. Use the Well Expenses by Well screen to enter the same expense as a negative amount for the well that it was incorrectly entered for. This will reverse the charge. Then enter the expense again as a positive amount for the well that it should have been charged to.

If the run has not been closed, you can Void the check that paid the vendor. Then you can go back to the original bill and make any corrections to it that are necessary, then pay the bill again.

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