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SAP Oil & Gas- Production & Revenue Accounting Training

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Instructor-Led Training Parameters

Course Highlights

  • Instructor-led Online Training
  • Project Based Learning
  • Certified & Experienced Trainers
  • Course Completion Certificate
  • Lifetime e-Learning Access
  • 24x7 After Training Support

SAP Oil & Gas- Production & Revenue Accounting Training Course Overview

Unlock the power of SAP Oil & Gas: Production & Revenue Accounting with Multisoft Systems. Comprehensive training tailored to industry needs, ensuring operational excellence and enhanced financial performance. Start your journey towards expert-level mastery. Secure your spot today!

The SAP Oil & Gas: Production & Revenue Accounting training course offered by Multisoft Systems is a meticulously designed program catering to the unique demands of the oil and gas industry. This intensive course delves into the intricate aspects of production and revenue accounting, providing participants with a robust understanding of industry-specific processes and best practices. Learners will gain hands-on experience with SAP's advanced tools, ensuring they can seamlessly handle production, sales, and revenue data.

The curriculum covers critical components, including hydrocarbon volume management, contract and order management, and revenue distribution. With an emphasis on real-world application, participants will learn to navigate challenges and streamline operations, ultimately driving increased efficiency and profitability. Taught by seasoned industry professionals, participants are guaranteed to walk away with a competitive edge in the oil & gas sector. Perfect for both beginners and seasoned professionals, this course promises a comprehensive learning experience. sap-ehs-training

Instructor-led Training Live Online Classes

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SAP Oil & Gas- Production & Revenue Accounting Training Course curriculum

Curriculum Designed by Experts

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Unlock the power of SAP Oil & Gas: Production & Revenue Accounting with Multisoft Systems. Comprehensive training tailored to industry needs, ensuring operational excellence and enhanced financial performance. Start your journey towards expert-level mastery. Secure your spot today!

The SAP Oil & Gas: Production & Revenue Accounting training course offered by Multisoft Systems is a meticulously designed program catering to the unique demands of the oil and gas industry. This intensive course delves into the intricate aspects of production and revenue accounting, providing participants with a robust understanding of industry-specific processes and best practices. Learners will gain hands-on experience with SAP's advanced tools, ensuring they can seamlessly handle production, sales, and revenue data.

The curriculum covers critical components, including hydrocarbon volume management, contract and order management, and revenue distribution. With an emphasis on real-world application, participants will learn to navigate challenges and streamline operations, ultimately driving increased efficiency and profitability. Taught by seasoned industry professionals, participants are guaranteed to walk away with a competitive edge in the oil & gas sector. Perfect for both beginners and seasoned professionals, this course promises a comprehensive learning experience. sap-ehs-training

  • Understand the core functionalities and configurations of SAP Oil & Gas within the Production & Revenue Accounting domain.
  • Master the techniques for effective hydrocarbon volume management.
  • Familiarize participants with comprehensive contract and order management processes.
  • Learn to streamline and optimize revenue distribution for oil & gas operations.
  • Gain insights into SAP tools for efficient data management and reporting.
  • Equip learners with skills to tackle real-world industry challenges using SAP solutions.

Course Prerequisite

Course Target Audience

  • Production Accountants
  • Revenue Accountants
  • Oil & Gas Financial Analysts
  • SAP Consultants specializing in Oil & Gas
  • ERP Implementation Specialists
  • Upstream Operation Managers
  • Finance Professionals in Oil & Gas

Course Content

  • Overview of the SAP Oil & Gas solution
  • Industry-specific processes and challenges
  • Integration with other SAP modules

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  • Business partners, material master, and contracts
  • Ownership master data
  • Production and measurement data
  • Well master, field master, reservoir master

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  • Introduction to Production Sharing Agreements
  • Fiscal terms and entitlement calculations
  • Government and partner reporting

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  • Overview of UOM
  • Master Data configuration in UOM
  • Field data capture
  • Production reporting
  • Integration with PRA

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  • Setup and maintenance of ownership master data
  • Ownership calculation and distribution
  • Partner and Government Reporting

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  • Well tests and daily production reporting
  • Production measurement and allocation
  • Gas plant accounting
  • Production balancing and reconciliations

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  • Revenue distribution and invoicing
  • Revenue recognition
  • Suspense management
  • Partner netting

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  • Transportation scheduling and nomination
  • Transportation measurement and allocation
  • Transportation billing and revenue distribution

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  • Royalty master data and royalty calculation
  • Royalty payment and reporting
  • Tax calculation and payment

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  • Standard PRA reports
  • Customizing reports using SAP tools

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SAP Oil & Gas- Production & Revenue Accounting Training (MCQ) Assessment

This assessment tests understanding of course content through MCQ and short answers, analytical thinking, problem-solving abilities, and effective communication of ideas. Some Multisoft Assessment Features :

  • User-friendly interface for easy navigation
  • Secure login and authentication measures to protect data
  • Automated scoring and grading to save time
  • Time limits and countdown timers to manage duration.
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SAP Oil & Gas- Production & Revenue Accounting Corporate Training

Employee training and development programs are essential to the success of businesses worldwide. With our best-in-class corporate trainings you can enhance employee productivity and increase efficiency of your organization. Created by global subject matter experts, we offer highest quality content that are tailored to match your company’s learning goals and budget.

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Customized Training

Be it schedule, duration or course material, you can entirely customize the trainings depending on the learning requirements

Expert
Mentors

Be it schedule, duration or course material, you can entirely customize the trainings depending on the learning requirements

360º Learning Solution

Be it schedule, duration or course material, you can entirely customize the trainings depending on the learning requirements

Learning Assessment

Be it schedule, duration or course material, you can entirely customize the trainings depending on the learning requirements

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Certification Training Achievements: Recognizing Professional Expertise

Multisoft Systems is the “one-top learning platform” for everyone. Get trained with certified industry experts and receive a globally-recognized training certificate. Some Multisoft Training Certificate Features :

  • Globally recognized certificate
  • Course ID & Course Name
  • Certificate with Date of Issuance
  • Name and Digital Signature of the Awardee
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SAP Oil & Gas- Production & Revenue Accounting Training FAQ's

While having prior SAP experience is beneficial, it's not mandatory. However, familiarity with standard accounting principles and the oil and gas industry is recommended.

Yes, after successfully completing the course and its assessments, you will receive a certification from Multisoft Systems.

Are there any hands-on or practical exercises included in the training?

Yes, Multisoft Systems provide online training so that each participant can learn on their own pace.

Our instructors are seasoned professionals with extensive experience in both the SAP domain and the oil and gas industry.

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