Tax Detail By Well - REV283

This program allows you to verify "We Remit" amounts by well. This report prints tax components by well as determined from the Revenue Tax Master file. The gross sales ledger items contain the tax "We Remit" amounts for non-exempt division order owners and the exempt percents. These amounts and percents print on the report in the appropriate columns. If it is determined from the Revenue Tax Master that a tax component needs printing and these amounts are not on the gross sales ledger, they are calculated. This calculation is the Gross times the Division Order Receiving Interest times the "We Remit" percent from the Purchaser Property file.

You can print this report after all gross sales have been processed through the Gross Sales Calculation process. For more information, refer to the Revenue Gross Sales Calculation (REV178) program. Various options exist for selecting required transactions.