HUB Byte – Chart of Accounts
Did you know we overhauled the Chart of Accounts functionality in the Daily Field Reporting service module?
With our latest Oilfield HUB – Daily Field Reporting release, the Chart of Accounts function has been expanded to include new user permissions and centralized or decentralized lists configurable down to the project level. Now, all GL account details are managed within a single master or multiple Chart of Accounts based on your corporate reporting structure and field operations.
HUB Benefit
When managing costs on any number of wells, and a larger number of wellsite projects, it is vital that the users in the field have access to the most accurate, and up-to-date chart of accounts for allocating project costs and producing accurate and relevant field reports. Our Producer and EPC clients asked us to simplify the wellsite supervisor user experience for entering and tracking project costs to minimize needless confusion, and eliminate extra overhead costs to fix avoidable daily cost reporting mistakes, and we listened!
Let’s Connect!
Before you dive into your next project using Daily Field Reporting, add more flexibility and refine how your field contractors are interacting with your Charts of Accounts. Click on the Service Delivery button to integrate the new Chart of Accounts functionality into your day-to-day operations.
It’s just reporting. Or is it? We still use spreadsheets. Or should we? Click on the Contact Me button to book a Daily Field Reporting discovery session with one of our Oilfield HUB supply chain experts.
Karen Keith
Product Manager
Oilfield HUB Inc.
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