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Summit Petrolac

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Petrolac©  

Petrolac© is a complete accounting and inventory management solution for petroleum, oil, propane, and lubricant marketers in the downstream petroleum industry.

Manage your business with confidence! Petrolac© pulls all vital data together: rack prices are tracked, fuel drops are invoiced promptly, transactions are made only once, tax returns are done quickly and easily (even when you cross state lines), financial statements are on time every month and your enterprise consolidates the way you have always wanted it to. Even merging your enterprise financials into a single P & L and Balance Sheet is easy with Summit. Summit helps you easily capture and manage your suppliers' price changes too.

Petrolac© enables users to easily produce reports, perform order entry/invoicing, and manage truly unlimited real-time data and transaction history for suppliers, terminal products, gross and net gallonage, destinations, carrier information, inventory, billing, collections, taxes, sales history, unattended fueling, A/R, blending, and more! And, purchases, taxes, freight and load fees are automatically tracked and recorded. Petrolac© even records blended products from multiple suppliers and/or from your own inventory. It is a fully integrated solution with numerous interfaces and it is capable of running on a variety of platforms.

Download literature about Petrolac

Petrolac's outstanding features and abilities:

Simple Management

  • Maintain multiple freight rates for a customer based on vendor/terminal
  • Since day one, our software has never required users to close one month before moving onto the next month
  • Access windowed help screens throughout the system for master file lookups
  • Handle remote locations via dial-up or leased line connection

Order Entry & Invoicing

  • Automatically update information from your invoices to inventory, customer records, accounts receivables, sales history, and tax reporting
  • Figure pricing, discounts, and terms available for customers, products, and contracts
  • Fully process backorders
  • Custom program EDI interfaces
  • Continue invoicing, receiving payments, and receiving inventory without closing the prior month
  • Private bill for unattended fueling (for interfacing with GasBoy, PetroVend, Pacific Pride, Mannatec, etc.)
  • Perform multilevel product pricing (with override capabilities)
  • Handle a central billing location for several delivery points
  • Print pick-tickets and use them as orders or packing slips
  • Balance delivery tickets on-line

Accounts Receivable

  • Print your customer invoices and statements
  • Perform customer inquiry functions to view invoices, payments, sales history, degree day history, etc.
  • Look up customer accounts by name, address, city, phone number, or account number
  • Access your customer statements in 1 of 3 existing formats (or in a customized format) to meet your specific needs
  • Apply customer payments to specific invoices or automatically to your oldest invoices first
  • Automatically calculate and charge service fees (with override capabilities)
  • Manage budget customers
  • Automatically access and print mailing lists to create: dun letters to overdue accounts, marketing letters to customers, and mailing labels
  • Reconcile your daily cash and receivables!

Inventory Management

  • Maintain your current inventory levels
  • Integrate your inventory to accounts payable
  • Assign messages to each inventory item (to be used internally, on customer documents, and where needed to satisfy HAZMAT or IRS wording requirements)
  • Handle consignments in detail to track the original consignment and the invoices used to relieve the consignments

Blending

  • Keep blending, consignments, and sales/purchase history as long as you desire
  • Handle multiple formulations for each product with our full-featured blending/formulation capabilities

Purchase Order

  • Assign purchase orders for inventory purchases and receive products by purchase order

Physical Inventory

  • Access full physical inventory capabilities (inventory by location available)
  • Maintain and report inventory quantities as packages or units
  • Track gross or net gallons when receiving inventory

Sales Analysis

  • Report extensive sales history by any time period: sales volume/units/gross profit, class (product type), salesperson/item, customer/item, general ledger account, item/customer, or customer business summary

Tax Reporting

  • Access lists and reports by printing, viewing on-screen, saving to disk, faxing, or exporting them to a spreadsheet program
  • Report your taxes to allow you to record each time you purchased or sold gasoline, fuel oil, diesel, etc.
File Maintenance
  • Add customers, items, and other master files without leaving the current transaction

Subsystems

  • Tailor the system to your specific needs with our optional subsystems

Unattended Fuel Card Systems:

CFN®, AutoGas® SMS, GasBoy® 1000/CFN, Phoenix® 8000, PetroVend® K800, Tokhiem® CS6000, Mannatec®, PetroVend® K2500, Pacific Pride®, etc. General Ledger:

- Summit General Ledger©
-
Passport RW® General Ledger (ACCPAC and orders through a standard ASCII journal file)
-
PPDI®
-
ASCII journal file
-
And more

Goodyear:

GTracks inventory

PBS (Private Business Systems):

accounts receivable interface

Summit C-Store©:

invoicing, store charger and payments

Summit AP/Bank Account©

 

EDI subsystem:

Mobil purchase orders & buybacks, receive customer purchase orders, send customer invoices, bar code scanners, keyboard and serial for P.O.S. system, receiving and physical, cash drawers, and P.O.S. receipt printers

Truck Systems: MID:COM and Energy Trac2000

 

123 N. Centennial Way, Suite 210, Mesa, Arizona, 85201  *  480.464.6053  *  fax: 480.464.2598  *  rx@petroleumrx.com