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

11 - 22 Sep, 2017  12 days

Follow Event

  

GBP 10,000

By the conclusion of the specified learning and development activities, delegates will be able to demonstrate a heightened understanding of the following concepts and issues:

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 Sep 11 - 22 Sep, 2017
GBP 10,000.00 + 500.00 (VAT)(The course cost does not include living accommodation. However, delegates are treated with the following: Continuous snacks throughout the Event Days; Hot Lunch on Event Days; City Tour; Hand-outs; Stationery. We offer very attractive discount for groups)
(Convert Currency)

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

Related Courses
Corporate Governance and Strategic Management: Incorporating Corporate Strategy Programme - Postgraduate Diploma (Qatar) Corporate Governance and Strategic Management: Incorporating Corporate Strategy Programme - Postgraduate Diploma (Qatar)

3 months, 21 days, 07 Aug - 27 Oct, 2017 

2017-08-07 12:08:00
Qatar

HRODC Postgraduate Training Institute

At the conclusion of the specified learning and development activities included in this Corporate Governance and Strategic Management course, delegates will be able to: Accurately profile managers ...

Training Needs Analysis: Determining Training Needs Course Training Needs Analysis: Determining Training Needs Course

5 days, 07 - 11 Aug, 2017 

2017-08-07 12:08:00
United Kingdom

HRODC Postgraduate Training Institute

By the conclusion of the specified learning and development activities of Training Needs Analysis Course, delegates will be able to: Get familiar with the underlying notions of ...

Planning, Costing and Budgeting for Executive Decision-Making Course (London) Planning, Costing and Budgeting for Executive Decision-Making Course (London)

5 days, 21 - 25 Aug, 2017 

2017-08-21 12:08:00
United Kingdom

HRODC Postgraduate Training Institute

This planning, costing and budgeting for executive decision-making course (London) is designed for: Managers with direct financial responsibilities; Executives who need to evaluate plans for ...

The Dynamic Functions of Management The Dynamic Functions of Management
On going

5 days, 26 - 30 Jun, 2017 

2017-06-26 12:06:00
United Kingdom

HRODC Postgraduate Training Institute

By the conclusion of the specified learning and development activities of the Dynamic Functions of Management Course, delegates will be able to: Accurately profile managers at different ...