Configurable and scalable accounting, land and operations software for U.S. oil and gas companies
Financial Accounting
It all adds up to greater value
To meet financial, management and compliance requirements, the financial accounting department must streamline and automate labor-intensive processes and reporting functions. By doing so, the back office is able to provide increased value to the organization.
BOLO Financial Accounting offers functionality for robust reporting and analysis and is embedded with the same internal controls seen throughout all BOLO applications - complete audit trails, full documentation and open transparency - promising the highest level of confidence in your regulatory and financial reporting.
BOLO enables you to:
Record the Business
- Import journal entry information
- Establish standardized entry templates
- Automate intercompany bookings
- Automate journal entry reversals
Manage the Business
- Retain all historical data for comparative reporting
- Trace every transaction to its source document
- Obtain real-time access to all information
- Enforce user-defined edits, controlled with the chart of accounts
- Drill down from summary reports to lower levels of detail
- Drill down to supporting documentation for a transaction with the click of a mouse