July 2026 · Preliminary — open for review

Journal entries

Blackwell-assisted preparation, manual capture and reversals, and review of every journal entry in the current close.

New manual entry

Blackwell assisted preparation

Source detection · calculations · anomaly review

Blackwell detects the source data required for each recurring journal entry from uploads, email and integrations, performs the preparation calculations, and queues the entry for an accountant to finish before it moves to a reviewer.

  • Ad valorem tax accrual

    Changes requested1 anomaly

    WF-ADVAL · Monthly · 1/12 of assessment · due Aug 07 · Ad valorem taxes (53100)

    Spread the annual property tax assessment across production months by county and property value.

    Reviewer approval
    2/2 sources
    $188,400Rework

  • Water disposal & hauling accrual

    Ready to prepare3 anomalies

    WF-WATER-ACCR · Monthly · production month close · due Aug 06 · Water handling & disposal (50400)

    Accrue produced-water hauling and disposal for the production month using hauler ticket volumes where the vendor invoice has not yet landed.

    Ingested source
    3/3 sources
    $54,400Prepare

  • Unbilled revenue & severance accrual

    Ready to prepare2 anomalies

    WF-REV-ACCR · Monthly · after purchaser cutoff · due Aug 06 · Crude oil sales (41010) · Severance (44100)

    Estimate revenue for volumes produced but not yet settled by the purchaser, with severance tax and gathering deducts, using run tickets and posted prices.

    Ingested source
    3/3 sources
    $243,013Prepare

  • COPAS overhead allocation

    In reviewer approval

    WF-COPAS-OH · Monthly · after well status refresh · due Aug 07 · Other operating & overhead (54100)

    Charge fixed drilling and producing overhead rates to each operated well under the JOA, escalated by the COPAS index.

    Reviewer approval
    2/2 sources
    $177,592Review

  • Gas imbalance & fuel true-up

    Awaiting source data

    WF-GAS-IMBAL · Monthly · on plant statement · due Aug 08 · Power & fuel (51300)

    True up gas volumes between the plant statement and field measurement, and book lease-use fuel as a non-cash expense.

    Ingested source
    1/2 sources
    —Continue

  • Compressor rental AP coding

    Posted to GL

    WF-COMPRESS-AP · On invoice receipt · due Aug 06 · Other operating & overhead (51100)

    Code recurring compressor and equipment rental invoices to the correct well and service month.

    General ledger
    2/2 sources
    $42,600View