Question 1

How does FuelAccounting prevent fuel losses and bleed at petrol stations?

Accepted Answer

FuelAccounting uses a 3-way reconciliation engine synchronizing manual dipping stick measurements, tank strapping tables, and electronic pump totalizers in real-time, catching calibration drift, attendant skimming, and tanker discharge shortages immediately.

Question 2

Does FuelAccounting require expensive Automatic Tank Gauging (ATG) hardware?

Accepted Answer

No expensive ATG hardware is required. FuelAccounting works directly with your station's existing calibrated dipping sticks and dispenser mechanical/electronic totalizer readings.

Question 3

Is FuelAccounting compliant with Nigerian downstream petroleum regulations?

Accepted Answer

Yes, FuelAccounting wetstock tracking formulas and threshold variance audits strictly align with NMDPRA guidelines and IFRS accounting standards.