Facility Processing Contracts

The plant accounting system includes 4 main components :

  • Field Gathering Processing contract management, including volume-dependent and fixed-fee type services
  • Fee calculation and adjustments – including equalization
  • Invoicing and adjustments
  • Accounting transactions created

 

The services fee calculation process obtains owner volumes and energy throughput for each functional unit directly from the product allocation process. There is only one right answer, and it is auditable throughout the entire process!