Production Sharing Accounting with SAP PSA

Goals

• SAP Production Sharing Accounting is the SAP solution which manages the planning and reporting requirements for contractors and national oil companies engaged in production sharing contracts. This course describes the functional capabilities and solution content of the SAP PSA solution, including: configuration, master data, day-to-day data entry, cost recoveries, terminal- and PSC-based pricing & lifting allocations, entitlement calculations, planning, and reporting. The presentation materials are supplemented by practical SAP Tutor exercises which take the trainee through the end-to-end process of setting up a new production sharing contract to creating the periodic entitlement calculation.

Audience

• Project team members
• Project managers
• Consultants
• Support managers

Prerequisites

• SAP01 SAP Overview
• Good working knowledge of SAP modules especially joint venture accounting and FI-special ledger
• Good understanding of Production Sharing Agreements

• IOGW40 Joint Venture Accounting (JVA) and/or
• AC220 Special Ledger

Course based on software release

• ERP ECC 6.0

Content

• Unit 1 PSA Introduction
• Unit 2 PSA Set-up & Master Data
• Unit 3 PSA Configuration
• Unit 4 PSA Master Data Assignments
• Unit 5 PSA Planning
• Unit 6 PSA Periodic Processing
• Unit 7 PSA Terminal-Based Production Sharing
• Unit 8 PSA Terminal Interface to Production
• Unit 9 PSA Entitlement Calculations
• Unit 10 PSA Reporting
• EX 1 Create a PSC
• EX 2 Create a PSC Equity Group
• EX 3 Create PSA Master Data
• EX 4 Create Rollup Rules
• EX 5 Create PSA Master Data Assignments
• Ex 6 PSA Periodic Processing
• Release: SAP ERP 2005

Notes

• Course lenght: 5 hours 35 minutes / e-learning with SAPTutors and Flashbooks

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