Incentive Tax Rate Mass Update REV168

The Incentive Tax Rate Mass Update is a process that is called from the Revenue – Production Tax Menu. The Process updates the Incentive Tax Rate File (ITR) with the selected Company’s and Period End Date - Days Produced from the Well History Detail File (WHD in the Energy Production Module). These Days Produced are then used in the Revenue Tax Calculation to prorate the calculated Incentive Tax if the days produced are less then the days in the month.