Alliance · JIB

Joint Interest Billing JIB lets you charge, allocate, and reconcile partner shares of costs with less dispute and rework.

This page matches the Platform menu entry Union JIB: joint interest statements, partner splits, and tie out to the ledger, built for working interest and non operator workflows.

Bring field costs, AFE authority, and ownership together so billing cycles stay defensible and partners see a clear path from expense to invoice.

JIB workspace

Billing readiness

Track how costs are captured, allocated to partners, and released to JIB statements before cash moves.

Costs coded & allocated 84%
Partner statements issued 71%
Ledger tie out 77%

Partner queue

See which partners need statements, approvals, or exception follow up before the next billing close.

WI Partner A Bill
Non op B Review
JV Pool C OK

What JIB covers beyond generic AP

Union JIB is about partner level economics: who owes what, under which JOA or contract terms, and how that rolls into cash calls and statements.

Allocate

Ownership aware splits

Apply working interest, non operator, and pool rules so every line item lands on the right partner before billing.

Bill

Statements & cash calls

Issue joint interest billings and supporting detail partners can trace back to wells, AFEs, and invoices.

Reconcile

Ledger & trust alignment

Tie JIB out to GL and partner balances so audits and disputes shrink instead of spreading across inboxes.

Core JIB capabilities

Workflows for revenue accountants, JIB analysts, and operations finance teams running joint projects.

Joint interest billing & statements

Generate partner billings with clear allocation logic and repeatable billing cycles.

Cost allocation and AFE tie in

Connect spend to authority for expenditure and project buckets partners recognize.

Partner & WI master data

Keep ownership, decks, and partner roles aligned so splits stay current when interests change.

Cash calls & netting

Support partner cash timing, offsets, and netting rules your agreements require.

GL & subledger bridge

Move JIB activity into accounting books with fewer manual journals and clearer audit trails.

Exception & dispute tracking

Log partner questions, adjustments, and resolutions so nothing falls through between billing rounds.

How JIB work moves from cost to partner invoice

A practical path from field and AP detail to defensible partner billings.

01

Capture

Pull in costs, tickets, and vendor activity with the coding structure JIB needs.

02

Allocate

Split amounts across wells, partners, and pools using approved ownership and contract rules.

03

Bill

Produce statements and cash calls with the detail partners and auditors expect.

04

Reconcile

Match to GL, close exceptions, and carry balances forward cleanly into the next cycle.

See how Petrofly can streamline joint interest billing across your operation

Talk with our team about JIB, partner reporting, and how it connects to your broader accounting stack.

Talk to Our Team