Nigerian Seminars and Trainings

Search conferences, training, seminars, courses and workshops in Nigeria and around the world

business logo

SAP and Joint Venture Accounting, Oil and Gas Accounting Joint Venture Agreement Accounting SAP Payment Terms Subsea Equipment Seminar or Course

By: HRODC Postgraduate Training Institute

South Africa

13 - 24 Feb, 2017  12 days

Follow Event

  

GBP 10,000

By the conclusion of the specified learning and development activities, delegates will be able to:  

Part 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.

Part 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.

Part 3: 

  • Fixed asset accounting  
  • Set up fixed asset parameters for:  exploration wells;  appraisal wells;  development wells,  subsea equipment’s, flow lines, moveable assets
  • Determine asset classes: sub - classes, asset description.
  • Set up depreciation parameters:  straight-line, UOP, reducing balance.
  • Run monthly depreciation testing;
  • Maintain an asset register on sap.

Part 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
  • Identifying 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.

Part 5:

  • Joint venture accounting   
  • Cut back process
  • Partners share
  • billable and recoverable
  • Authorisation for expenditure (AFE)
  • Billable and non-recoverable
  • Non-billable and non-recoverable
  • Exclusive
  • implementing joint venture accounting agreements within the sap system
  • Account reconciliation
  • Joint venture reports.
Durban, South Africa Feb 13 - 24 Feb, 2017
GBP 10,000.00 + 500.00 (VAT)(N: B Contact us for the Course Brochure)
(Convert Currency)

+44 7736147507; +44 1902 763607; +44 2071935906; +

Related Courses
Advanced Cost Management for Business Enhancement - Diploma Postgraduate (London) Advanced Cost Management for Business Enhancement - Diploma Postgraduate (London)

5 days, 22 - 26 May, 2017 

2017-05-22 12:05:00
United Kingdom

HRODC Postgraduate Training Institute

The study of Cost Management and Cost Accounting yields insights into the changing roles and relationship between managerial activities and accounting intelligence. What types of decisions do ...

Business and Organisational Analysis Course - Diploma Postgraduate (London, UK) Business and Organisational Analysis Course - Diploma Postgraduate (London, UK)

6 days, 24 - 29 Apr, 2017 

2017-04-24 12:04:00
United Kingdom

HRODC Postgraduate Training Institute

By the conclusion of the specified learning and development activities, delegates will be able to: Define, describe and analyse the nature of an organisation; Distinguish between formal and ...

Advanced Legal-Dynamic Metrology: NIST, NCWM, EURAMET, WELMEC, and NPL Complaint - Postgraduate Diploma (Brussels) Advanced Legal-Dynamic Metrology: NIST, NCWM, EURAMET, WELMEC, and NPL Complaint - Postgraduate Diploma (Brussels)

5 days, 19 - 23 Jun, 2017 

2017-06-19 12:06:00
Belgium

HRODC Postgraduate Training Institute

This Programme is designed for Aviation Maintenance Engineers, Department of Trade Technical Team Members, Design Engineers, Dynamic Metrology, Engineering Managers, Instrumentation and Control ...

Advanced Request for Proposal (RFP) in the Information and Communications Technology Industry Course - Diploma Postgraduate (Kuala Lumpur) Advanced Request for Proposal (RFP) in the Information and Communications Technology Industry Course - Diploma Postgraduate (Kuala Lumpur)

5 days, 12 - 16 Jun, 2017 

2017-06-12 12:06:00
Malaysia

HRODC Postgraduate Training Institute

This Training Course is designed for Executive Directors, Board of Directors, Information Technology Project Managers, Process Coordinators, Project Managers, RFP Development Team, Purchasing ...