WolfePak Depletion
Automate and simplify depletion allowance calculations
The WolfePak depletion module is a check stub add-on that automates and simplifies depletion allows calculations. It also summarizes reports for IRS tax reporting.
Historically, the oil & gas industry has required in-depth, labor-intensive data duplication and calculations for depletion allowances. This module automates these calculations, using existing data from the WolfePak general ledger and oil & gas check stub modules.