So how do you use QuickBooks for oil and gas?
With more than 5 million users around the world, QuickBooks is still the favorite among small businesses. But it wasn’t designed to track the level of detail and complexity the oil and gas industry requires.
Thankfully, it doesn’t have to for you to keep using it.
Maybe this sounds familiar?
- You can’t keep track of owners, wells or partnerships
- You can’t account for division orders
- You’re double-entering data from spreadsheets, paper or another platform into QuickBooks to see your financials
- It’s time consuming to export and manipulate data to get a clear picture of your data
It sometimes may feel like you’re trying to shove a square peg into a round hole or that you should upgrade to a large enterprise solution that is too complex and expensive for your operations.