JIB month-end close checklist
The tasks behind a clean joint interest billing close, in the order most operators work them. Check items off as you go. Your progress stays saved in this browser.
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Habits that make the close easier
Code as you go
Coding invoices to the right AFE or cost center when they arrive avoids a pile of corrections at close.
Get ownership changes early
Ask land for division of interest changes before close starts. A late decimal change means rebilling.
Keep a variance log
Write down why big month-over-month swings happened. It answers partner questions and audit requests quickly.
A general checklist. Adjust it to your company's systems, close calendar and joint operating agreements. The day ranges are typical, not a standard.