It is a tool that matches the royalty value reported on UT production reports to royalty revenue received. Ideally, the balance of the royalty value due per the UT production reports should equal the royalty value paid by your remittance.
Timely corrections reduce penalty and interest charges.
Enabling the ERS user to perform reconciliations will be a big step toward our mutual goal of reducing obvious reporting and payment errors. When errors are quickly corrected, accruals of penalty and interest charges are substantially reduced. The e-CARE design was heavily influenced by feedback from ERS users at statewide forums. We invite you to preview the design during the months of April-August 2001. Since e-CARE is still in development, you will not see every desired feature at this time.