Production and Revenue Accounting with SAP PRA (Production Revenue Accounting)

Goals

• Participants will learn the functions of SAP for Oil & Gas in conjunction with upstream business processes.

Audience

• Project team members
• Project managers

Prerequisites

• SAP01 SAP Overview or
• Basic understanding of production and ownership requirements for the U.S.

Content

• Unit 1 PRA Overview
• Unit 2 PRA Ownership
• Unit 3 PRA Production
• Unit 4 PRA Contracts & Pricing
• Unit 5 PRA Product Control
• Unit 6 PRA Balancing
• Unit 7 PRA Contractual Allocation
• Unit 8 PRA Master Data
• Unit 9 PRA Upstream Graphics
• EX 1 PRA Master Data
• EX 2 PRA Ownership
• EX 3 PRA Production Master Data
• EX 4 PRA Production Daily Transactions
• EX 5 PRA Contracts & Pricing

Notes

• Course length: 3 hours 45 minutes - e-Learning with SAPTutors and Flashbooks
• SAP Production Revenue Accounting is the SAP solution which manages the volumetric allocation, ownership allocation, contractual allocation, and product balancing for national oil companies engaged in upstream production operations. This course describes the functional capabilities and solution content of the SAP PRA solution, including: master data setup, transactional data setup, volume allocations, ownership setup, contract and pricing setup, contractual allocations, balancing, and product control. The presentation materials are supplemented by practical SAP Tutor exercises which take the trainee through the end-to-end process of setting up a delivery network with its associated entities and transactional data input for processing through SAP PRA.

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