Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
P2 BOLO stands out as a premier accounting solution specifically tailored for the upstream oil and gas industry, enabling U.S. exploration and production companies to enhance their operational efficiencies and derive greater value from intricate accounting tasks. Each day, P2 BOLO handles a volume of transactions that surpasses the annual totals processed by many other upstream software solutions. The complexities of shared ownership and joint ventures pose unique challenges within oil and gas accounting, which P2 BOLO effectively addresses through its comprehensive Accounting Module, offering insights into revenue accounting, allocation and valuation, as well as accounts payable and receivable, joint interest billing, and much more. Exceptional asset management plays a crucial role in maximizing project profitability. The Asset and Tax Management features of P2 BOLO significantly mitigate the risks associated with monitoring assets across both producing and non-producing properties while facilitating the calculation of Depletion, Depreciation, and Amortization (DD&A). This solution is capable of accommodating hundreds to tens of thousands of properties, seamlessly adapting as your organization expands and evolves in the dynamic energy sector. By leveraging P2 BOLO, companies can not only streamline their accounting processes but also position themselves for long-term success in a competitive landscape.
Description
You can maximize your tax benefits by accurately depreciating fixed assets. You can view the impact of fixed assets on your financial statements to ensure a clear financial picture. Handle the sale and disposition of fixed assets. You could buy ten identical assets and then sell one or more. You can easily set up client templates to ensure that you only have to enter the same general ledger account numbers or categories once. Asset depreciation can easily be recorded, stored and calculated to assist with income tax returns. Either a standalone system or integrated seamlessly with CenterPoint Accounting software. Management schedules for accrual reporting.
API Access
Has API
No
API Access
Has API
No
Integrations
CenterPoint Accounting
No
Enerpact
Yes
Pandell Jobutrax
Yes
eLynx Technologies
Yes
Integrations
CenterPoint Accounting
Yes
Enerpact
No
Pandell Jobutrax
No
eLynx Technologies
No
Pricing Details
$35000 one-time payment
Free Trial
No
Free Version
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
Yes
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
Yes
Online Support
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
No
In Person
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
Yes
In Person
No
Vendor Details
Company Name
P2 Energy Solutions
Founded
1999
Country
United States
Website
www.p2energysolutions.com/p2-bolo
Vendor Details
Company Name
Red Wing Software
Founded
1979
Country
United States
Website
www.redwingsoftware.com
Product Features
Oil and Gas
Compliance Management
No
Equipment Management
No
Inventory Management
Yes
Job Costing
Yes
Logistics Management
No
Maintenance Management
No
Material Management
Yes
Project Management
Yes
Resource Management
Yes
Scheduling
No
Work Order Management
No
Product Features
Fixed Asset Management
Asset Budgeting
No
Asset Lifecycle Management
Yes
Audit Trail
Yes
Barcoding / RFID
No
Depreciation Management
Yes
Disposal Management
Yes
Document Management
No
Inventory Tracking
Yes
Tax Management
Yes