FIN-06 · FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING WITHOUT THE BOLT-ON
Workover ERP includes a full general ledger, AR/AP, WIP, and multi-entity financials in the same database as quoting, jobs, and the shop floor — so job cost, margin, and cash are always reconciled to operations without exports or a bolt-on accounting package.
INSIDE THE PRODUCT
MODULES
WHAT'S INSIDE FINANCIAL ACCOUNTING
FIN-06 · 01
GENERAL LEDGER
Full GL with dimensions for entity, location, service line, and job — statements without spreadsheets.
FIN-06 · 02
ACCOUNTS RECEIVABLE
Invoices generated from shipped jobs and signed field tickets; DSO and aging tracked live.
FIN-06 · 03
ACCOUNTS PAYABLE
Three-way-matched vendor invoices post automatically; the AR/AP agent flags duplicates before payment.
FIN-06 · 04
JOB COSTING & WIP
Labor, material, outside processing, and burden post to jobs in real time; WIP reconciles to the GL by design.
FIN-06 · 05
MULTI-ENTITY & CONSOLIDATION
Multiple companies, inter-company transactions, and consolidated statements.
FIN-06 · 06
PER-WELL & PER-CUSTOMER PROFITABILITY
Roll job margins up to the well, customer, or contract to see where the money really is.
FINANCIAL ACCOUNTING IN FOUR MOVES
POST
Every stamp, receipt, and issue posts to job cost and WIP the moment it happens.
INVOICE
QA passes, the job ships, and the invoice pushes to AR with certs attached.
MATCH
Vendor invoices three-way match and land in AP without rekeying.
CLOSE
Month-end takes days, not weeks, because operations and accounting were never separate.
FAQ
FINANCIAL ACCOUNTING — QUESTIONS WE GET
Do I still need QuickBooks or a separate accounting system?
No. Workover ERP includes a full general ledger, AR, AP, and financial reporting. If you prefer to keep an external accounting package during transition, exports and integrations are available.
How does job costing work?
Labor posts from clock-ins, material posts from inventory issues, outside processing posts from linked POs, and burden applies by work center — all in real time, tracked against the quoted estimate at the job and sales-order level.
Can it handle multiple companies?
Yes. Multi-entity structures, inter-company transactions, and consolidated reporting are supported.
What financial reports are included?
P&L, balance sheet, cash flow, WIP, AR/AP aging, DSO, job margin, and per-well or per-customer profitability — all drillable to the source transaction.
SEE FINANCIAL ACCOUNTING ON YOUR DATA
Bring one real job. We'll show it running end to end in a 30-minute live demo.
RELATED MODULES
Procurement →Time & Labor →Dashboards → Sales & Quoting →