Bookkeeping · The books

Close the month from work already in Joltly.

Paid bills, revenue statements, JIBs, and the bank already sit here. Bookkeeping turns them into a chart of accounts, journal entries, and statements you can hand a CPA. If QuickBooks, Quorum, or W-Energy stays the ledger, the same activity posts there instead.

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Statements ready for the close

Income statement, trial balance, and the entries behind them, built from bills, revenue, and JIBs already in Joltly.

01 · Chart

An oil and gas chart. Not a generic one.

Revenue by product, lease operating expense, production taxes, JIB receivable, drilling capital, and partner distributions, on a five-digit chart. Import it from QuickBooks, BOLO, W-Energy, or CSV. Those are the same accounts the bills code to.

Oil and gas accounts. Revenue by product, LOE, production taxes, and partner distributions are already on the chart.

Import the one you have. QuickBooks, BOLO, W-Energy, or a CSV. Accounts you add by hand stay put.

Same accounts code the bills. A line coded to saltwater hauling posts to that account, not a generic expense bucket.

Screenshot · Chart of accounts

app.joltly.io/chart-of-accounts

Chart of accounts

Revenue by product, LOE, production taxes, JIB receivable, and partner distributions. Import from QuickBooks, BOLO, W-Energy, or CSV.

02 · Posting

Bills and stubs become entries.

Paid bills, approved revenue, and JIB activity post with well and partner detail. Adjusting entries and reversals are there when the close needs them. The review is the human step.

From the work already done. A paid bill and an approved statement become the entry. Nobody re-keys them.

Well and partner detail stays. The entry carries the same well and partner coding the bill or the stub already had.

Adjust and reverse. Write the entry the close needs, and reverse it when the next period says so.

app.joltly.io/journal-entries

Screenshot · Journal entries

Journal entries from bills, revenue, and JIBs

Paid bills, approved statements, and JIB activity post with well and partner detail. Adjust or reverse when the close needs it.

03 · Reconcile

Each bank account ties to its own cash.

Linked bank balances roll up under cash, and each account reconciles on its own. Unmatched deposits and payments sit on the reconciliation. Fixed assets stay on a register.

Cash rolls up. Each linked bank sits under cash and reconciles against its own account.

Unmatched items stay visible. Deposits and payments that do not tie out stay on the reconciliation until they do.

Fixed assets on a register. The asset and its contra account live on the books, not in a side spreadsheet.

app.joltly.io/reports/reconciliation

Screenshot · Reconciliation

Each bank account, reconciled to its own cash

Linked balances roll up under cash. Unmatched deposits and payments stay on the reconciliation.

04 · Statements

A trial balance you can hand a CPA.

Income statement, balance sheet, trial balance, and profit and loss. Vendor spend when someone wants the operating picture. The close reads from the same ledger the entries posted to.

The statements accountants ask for. Income statement, balance sheet, trial balance, and profit and loss.

Organized the way the chart is. Revenue by product, LOE, and overhead land on the lines the chart already defines.

Vendor spend beside the statements. The operating picture sits next to the ledger, not in a separate workbook.

app.joltly.io/reports/trial-balance

Screenshot · Trial balance

Trial balance, income statement, and balance sheet

The statements read from the same ledger the entries posted to, with profit and loss and vendor spend beside them.

05 · Sync

Three places the books can live.

Joltly can be the ledger. QuickBooks, Quorum, or W-Energy can stay the ledger and receive the same activity. Or the team can run the close.

Joltly is the ledger Chart, entries, reconciliation, and statements, in the same place the work already happened.

Your system stays the ledger integrations push partner-aware coding and JIB-ready postings to your operations system of record.

We run the close for anything we don't talk to directly — Joltly drops a clean, ready-to-import file in the format your system expects.

app.joltly.io/reports/income-statement

Screenshot · The close

One close. Three places the books can live.

Joltly as the ledger, QuickBooks or Quorum as the ledger, or the team running the month-end close.

$Joltly is the ledgerChart, journal entries, reconciliation, and statements live here.

▤QuickBooks, Quorum, W-EnergyThose systems stay the ledger. The same bills, revenue, and JIBs post there.

↗We run the closeThe bookkeeping team takes the month-end. The software is included.

⌁Same activity either wayBills, revenue, JIBs, and the bank feed whichever ledger you keep.