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PRODUCTS

It’s not how much money you make, but how much money you keep, how hard it works for you, and how many generations you keep it for.

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Accounting Applications

Our Priorities

GENERAL LEDGER

The General Ledger is the foundation of any good accounting system. The SSI General Ledger offers more than just the ability to process your daily entries; it functions as a financial information system. The module combines power and flexibility with ease of use, to give you the critical information you need to make timely and informed business decisions and manage your business more effectively. The General Ledger module provides the information you need quickly. It puts you in firm control of your business by giving you quick access to mission-critical financial data. This allows you to improve your financial control over the organization, speed up decision making, and lower costs. Our goal is Making Your Job Easier.

Accounts Payable

Our Priorities

The SSI Accounts Payable module saves time, reduces administrative costs, and gives you better control over your business processes. It’s a key component of the SSI Energy Management System, a highly reliable, robust and integrated series of business applications that delivers a flexible, scalable, and full-featured energy management solution. In addition to providing maximum flexibility, the system gives you fast, easy access to the information you need for day-to-day tasks and period-end processing, including vendor statistics, aging and transaction information. Accounts Payable simplifies voucher entry by automatically calculating sales taxes, discounts and due dates, as well as by defaulting General Ledger accounts, payment terms and 1099 information.

Our Priorities

Accounts Receivable

The SSI Accounts Receivable module helps you improve cash flow an improve customer service with effective management of accounts. It’s a key component of SSI Energy Management Systems; a highly reliable, robust and integrated series of business applications that delivers a flexible, scalable and full-featured total energy management solution. Accounts Receivable gives you the power of automation to speed up and streamline every step in your collection efforts, from invoice entry to the recording of payments.

The system automatically calculates sales taxes, discounts, commissions and due dates, and distributes invoice amounts to the appropriate General Ledger account. During payment application, the module lets you automatically apply cash receipts to open invoices. With just a few clicks, you can access up-to-the-minute statistical summaries, as well as summarized or detailed transaction listings, and generate in-depth management reports.

Our Priorities

Fixed Assets

SSI's Fixed Assets makes it easy to classify, organize, and keep track of your assets. Assets can be classified by type and expensed or depreciated accordingly. Fixed Asset Maintenance allows assets to be added, changed or deleted, maintaining the data necessary for a COMPLETE fixed asset record. Fixed Asset reports can be generated based on the asset type. SSI's Fixed Asset product is integrated to also allow an automatic In-Load of Well Equipment Assets from the
Well History
modules.

Fixed Assets supports the following methods and schedules:

  • Book Method
  • Tax Method
  • Alternative Minimum Tax Method
  • Ace Method
  • Straight-line depreciation
  • Straight-line ½ year
  • S/L Declining Balance
  • Sum of Year’s Digits
  • Double-Declining
  • 150% Declining
  • ACRS
  • MACRS
  • UOP
  • And more!
Our Priorities

PAYROLL

Payroll accuracy and efficiency are critical to individual employees, company bottom lines, and government agencies, so it’s essential your oil and gas accounting software gives you the control to process your payroll accurately and quickly every time. SSI Payroll is fully integrated with the SSI General Ledger, so you enter data just once and instantly share it with the entire system for maximum efficiency. Benefits administration is automatically integrated with payroll processing. Updated tax compliance reporting and analysis, excellent tracking of employee hours and accrual balances, maximum security, and a variety of check disbursing options give control and flexibility for your company's individual structure and needs.