SAP Joint Venture Accounting Oil & Gas Accounting Joint Venture Agreement Accounting SAP Payment Terms Subsea Equipment
Training
In Bangkok (Thailand), Durban (South Africa), Dubai (United Arab Emirates) and 7 other venues
*Indicative price
Original amount in GBP:
£ 10,000
Description
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Type
Training
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Location
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Duration
10 Days
Suitable for: Joint Venture Accountants. Oil and Gas Accountants. Financial Accountants. Chief Financial Officers. Venture Capitalists. Treasury Officials. General Accountants. Management Accountants. SAP Programmers. SAP Accountants. Internal Auditors. Public Accountants. Asset Accountants. Attorneys
Facilities
Location
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About this course
Degree or Work Experience
Reviews
Course programme
Module 1 - Sales and Accounts Receivables
How to raise a Sales Invoice
Mapping correct accounts to Sales Invoice
Component of Oil and Gas Sales
- Price
- Quantity
Managing Accounts Receivable
Customer Data Base Maintenance
Aging Analysis
Approval lines for Sales invoices
- Issuer
- Authorizer
Module 2 - Purchases and Accounts Payable
Contract Set up in SAP
- Including Contract Terms
- Rates
- Taxes
Map Purchase orders to Contracts
Purchase order approval process in SAP
Map Purchase order to cost ledger accounts
Set up payment terms in SAP
System to prompt for payment run
Module 3 - Fixed Asset Accounting
Set up Fixed Asset parameters for :
- Exploration Wells
- Appraisal Wells
- Development Wells
- Subsea Equipments
- Flowlines
- Moveable Assets
Determine Asset Classes
- Sub - classes
- Asset Description
Set up Depreciation parameters
- Straightline
- UOP
- Reducing balance
Run monthly depreciation testing
Maintain an Asset Register on SAP
Module 4 - Project Accounting
Cost Centre, Resource codes set up
Map GL accounts to Cost Centre and Resource Codes
GL accounts to roll up to correct cost headings
Map Cost Centres and or Resource codes to Projects
Be able to identify all Project costs via cost centres or resource codes
Report generation along project lines
Generate Profit and Loss account by Projects
Set up Project Reports that can be understood by Project Managers
Module 5 - Joint Venture Accounting
Cut Back Process
Partners share
Billable and Recoverable
Billable and Non-Recoverable
Non-Billable and Non-Recoverable
Exclusive
Implementing Joint Venture accounting agreements within the SAP system
Account Reconciliation
Joint Venture Reports
SAP Joint Venture Accounting Oil & Gas Accounting Joint Venture Agreement Accounting SAP Payment Terms Subsea Equipment
*Indicative price
Original amount in GBP:
£ 10,000