Streamlining Complex Ownership Structures with IFS BOLO

As an accountant in upstream oil and gas, you’re likely always searching for ways to save time and prevent errors – especially when it comes to building and maintaining multiple revenue decks with owner level tax exemptions, deductions, and expense components.

This short video shows you how BOLO, the industry’s leading accounting software, allows users to:

• Track components globally
• Set up components and exemptions in one place
• Assign components to relevant owners and automatically apply those components to all divisions of interest and cost centers in a single step
• Maintain owner level pricing 

BOLO supports complex contractual and ownership structures that other accounting solutions simply cannot support.