Introduction

SAP designed JVA for joint venture operations. SAP JVA captures all expenditures and other joint venture transactions by using functions from Financial Accounting (SAP FI), Controlling(SAP CO ), Asset Management (SAP AM), Materials Management (SAP MM), Plant Maintenance(SAP PM), and Project System (SAP PS). By working closely with customers and implementation partners, SAP ensures that JVA facilitates smooth management of joint ventures, with great flexibility for growth.

Prerequisties

• Good knowledge of SAP modules:
• Financial Accounting
• Controlling
• Materials Managemento Project System
• Fundamental understanding of JVA principles

Course Content

1. Introduction

• Overview SAP Oil and Gas
• Fundamental understanding of JVA principles

2. Understanding of FI, CO, Material and PS related to JVA

• Concept of FI for JVA
• Concept of CO for JVA
• Concept of MM for JVA
• Concept of PS for JVA

3. Basics

• Accounting Principles
• Understanding of Process
• Master data required for JVA
• Integration with other module
• Details Configuration related to the Master data

4. Day to Day Processes

• Posting of Transaction
• Configuration for posting
• Display and Change document posting
• Operated Accounting
• Other Transactions
• Preparation of reports based on transaction posted

5. Periodic Processes

• Cutback detail process with customization
• Month End Processing
• JV Billing detail process with customizing

6. Reports

• Detail discussion on reports related to JVA