Surface 03 · Finance

Planned, actual, invoiced, paid, in that order.

The invoice line and the estimate are the same object at different ages. Figures convert at the job's booking rate, so a company running several currencies still reads one number, and every number states where it came from.

The revenue ledger

Four figures that cannot contradict each other.

Planned, actual, invoiced and paid are read from the same lines rather than assembled in a spreadsheet at month end, so the order holds by construction: each figure is a later state of the one before it.

  • Every figure states the job, the line and the rate behind it
  • A gap is named as a gap, so nobody reads a missing figure as zero
  • Reporting currency is a scope, converted at the job's booking rate
  • Money and quantities are set in tabular figures, so columns line up

What finance covers

From the estimate to the settled invoice.

Estimate per job Planned against actual, line by line, while the job is still running rather than after it has closed.
Rate sheets Each company keeps its own rate sheets, discount structure and contract rates, and a job books against the rate that applied on the day.
Invoicing Raised from the same lines that were estimated and then run, so what is billed can be traced back to what was done.
Currency scope Report in NOK, GBP, USD or whatever the company invoices in. Conversion happens at the booking rate and the rate is shown with the figure.
Unbilled work Work that has been run but not yet invoiced reaches the person who can act on it, rather than surfacing at the end of a quarter.
Export and API Everything is exportable and documented, so the accounting system receives figures rather than a re-keyed summary.

Where it comes from

A figure is only as good as the record behind it.

The estimate written in planning, the tools picked in operations and the runs logged offshore are the source of every number on this surface. Nothing is re-entered, which is why the question of what a job actually earned has an answer.

Jobs Operations Rig app

Bring a job you have already invoiced.

We will rebuild it in Wellplanner from estimate to invoice and you can check the figures against what you actually billed.

Book a demo Back to the solution