Pak Accounting also provides an integration with EnergyLink, an Enverus Company, to automate the use of the EnergyLink function that allows users to send Revenue and Joint Interest Billings to partners electronically.

Together, EnergyLink and Pak Accounting worked to develop a connector that essentially allows you to run your standard Pak Accounting Revenue and JIB Process and then export those results in an EnergyLink format to electronically distribute to your partners.

The export function within Pak Accounting formats the file and readies it for you to upload to the EnergyLink process.

Set Up within Pak Accounting

Currently, you can export or extract both Revenue and Billing entries into an EnergyLink format within Pak Accounting. To do so, you need to adjust the settings within the Investor Interface.

Revenue/Billing > Master File Maintenance > Investor Interface.

Here, you will designate your Owner/Investor Account (1200 in the Pak Accounting standard chart of accounts). You have a few options when it comes to determining the Sub-Accounts to include:

• *ALL for all owners of this account (in the example below).
• *ALLW for all working interest owners of this account.
• *100PC creates 100 % entries for this account based on current distribution, not payments.

Then, you will choose the export option, in this case, the EnergyLink File.

By selecting the EnergyLink File option, the system creates the appropriate files and saves them to the PRT/RevBill folder. You can move this file from the cloud to your local folder via Utilities > Folder Transfer/Compare. 

The CSV file for billing and the XML file for revenue entries will be for all Sub-Accounts or per the Sub-Account field range if set up.

NOTES:

• The cycle number will be part of the file name (it can be located in the last part of the file name).
• The Service Date will be included in the file.
• You can use *ALLW in the Sub-Account field.

EnergyLink Export

If you prefer the files to be automatically sent instead of a file created for you to send, we have a new option.

Working together, Pak Accounting and EnergyLink have enabled a connector that, with proper configuration, will automatically transmit revenue and billing files that will be exported to EnergyLink for processing.

The Auto Upload Add-on feature is set up in Utilities > Global > System Options > Global tab. Check the box Automatically transmit Revenue/Billing detail to EnergyLink option.

With this feature enabled, you eliminate the manual upload step. Once you finish the Revenue/Billing process within Pak Accounting, the data will automatically be pushed to the EnergyLink system for electronic distribution to your partners.