Creel & Associates Inc

Texas Revenue Accounting

Texas Revenue Accounting

The increase in Federal and State Audits & Compliance activity has made bridging the gap between Revenue and Regulatory Accounting a more difficult transition. Our Federal ONRR and Railroad Commission of Texas teams bridges this gap through not only years of continual training, but hands on experience in thousands of scenarios faced by our client base. Texas Revenue Accounting is a difficult task, why face it alone?

Texas Revenue Accounting services include but are not limited to:

  • Texas Revenue Accounting Review
  • Texas Revenue Spreadsheet Creation or Layout
  • Contract Review pertaining to Revenue Accounting
  • Clearing differences between your Revenue Recording and Cash Receipts
  • Gas Working Interest or Platform Balancing
  • Account Reconciliation
  • PHA Invoice Creation

The Texas Revenue Accounting process has become more complex and therefore takes greater critical thinking. The processes have been complicated by increasing regulations, marketing arrangements, division orders and system limitations. Our goal is to help you find a solution to meet your company’s revenue requirements regarding the Railroad Commission of Texas (RRC).

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