What RP20R Does
RP20R automates revenue reversals when distributions were made incorrectly — for example, when a well’s Division of Interest (DOI) has changed multiple times and past payments were made under outdated DOIs.
Instead of manually researching old DOIs, figuring out who was paid, creating correction entries, and re‐distributing, RP20R:
- Looks at the original owner distribution at the time of payment.
- Uses RP20P (Purchaser Receipts History) and RP26P (Owner Paid History) to find what was paid, and RP06P (Owner/Well Transactions to Be Paid) to find what hasn’t been paid yet.
- Automatically creates reversing entries for the owners as originally paid, including all taxes and deductions.
In other words — it reverses everything exactly as it was, regardless of later DOI changes.
What’s New — Reverse Range Enhancement
Before, RP20R was great for small jobs (a few months, one well), but it got messy with lots of wells or months. The Reverse Range enhancement fixes that by adding flexible filters:
- Beginning/ending well number
- Production month range
- Purchaser check number
- RP05 posting date
- Audit filters
Now, you can reverse multiple wells or months in one pass, safely and efficiently.
Built‐in Safety Checks
To prevent accidental global reversals:
- You can’t leave the beginning/ending well open‐ended
- A beginning and ending postdate are required
- There’s also a trial option so you can preview before committing.
Why You’ll Love It
This enhancement saves hours (or days!) of tedious manual work and reduces the risk of human error on complex revenue reversals. It’s built to make even messy, multi‐month DOI corrections EZier, faster, and more accurate.