IFRS Solution for JV Accounting - Oil and Gas

Hi
My client is upstream sector Oil and Gas industry. I am into IS Oil. They are moving for IFRS. I know what all changes are required in SAP FI (like parllel ledger is required, new depreciation area is required, etc)
But i am not aware of SAP JVA. Please tell me which additional functionality is required for SAP JVA for implementing IFRS into SAP JVA.
Please help or send some link.
Edited by: Meenu_ND on Dec 22, 2010 3:21 PM

Having a similar issue , please share the solution once you find one

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SAP OIL AND GAS Certification.

Hello Consultants,
Im working as an SAP FICO Consultant with double certification having an experience of 3+ years in Gulf Countries.
Im planning for SAP Oil & Gas UPSTREAM Certification.
I would like to have proper guidance from SAP Gurus regarding my choice and decision to undertake
SAP IS Oil & Gas Certification.
Also what are the job opportunities for SAP IS Oil and Gas Certified Freshers?
Your comments will be highly useful to me.
Regards,
Sandeep M

Hi,
This is Aleem Abbas, please go to Ameerpet,Hyderabd. u learn IS-Oil and Gas......
byee

Transition to oil and gas

Hello Gurus,
I am presently an sap security consultant working in fortune 100 company. I am planning to shift myself to SAP oil and gas module. What are the requirement that I need to have to undergo this change. Can you guys suggest me how to go about this transition. Do i need to have a strong knowledge in FI for getting into oil and gas.

Hi Avinash,
Well with your SAP Security background, you can shift to SAP IS Oil, tech/functionl, but also depends on the domin area where you have worked.
If you have a overview of the functional area and if you can comprehend the business flow, then i would say can contibute in SAP IS Oil mudules, it would be more advantage to if you know both technical and functional area.
Haveing said that you can decide which area to would pick up, as SAP IS oil comes with many modules such as HPM, MOC, TSW, EXCHANGE, TD, etc which has a significant combination of core modules of SAP.
It does not require strong Finance background to get transition. if you the basic busines flow it is helpful.
Best Regards,
Satish

Prospecting and Exploitation solutions for oil and gas company

Now we are implementing SAP for an oil and gas company, they want to manage Prospecting and Exploitation through PS.Does anyone has some related documents or experiences?We need help eagerly. Thank you!

Are you using SAP's Oil and Gas solution with Joint Venture Accounting.
If I remember correctly we used Business Area's to identify Exploration v Development v Production
Unfortunately no documents available
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Solution Manager BC sets for Oil and Gas Downstream

I am trying to find the oil and gas BC sets for downstream so I can get the basic SSR config done via a CATT script. How do I find them and install them on Solution Manager. I have tried looking at the BC sets I have but I can not see any for Oil, OGSD or SSR.

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What is the best practice to capture volume data of Oil and Gas commodities in SAP? There is a solution [FDC|http://help.sap.com/miicont-fdc] that address the requirements however what parameters it asks, whats the process and how it calculates different variables isn't provided over the resource center.
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Hi Zack,
It will be easier for you to maintain the data in a single application. Every application needs to have the category dimension, mandatorily. So, you can use this dimension to maintain the actual and plan data.
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Dear Phillip,
Cloud enabled software can be easily deployed on-premises but not vice versa.
this could probably be the deciding factory, for every customer : - )
no one would want to block their future...
so even for on-premise, its better to start with cloud and go for hybrid model and i believe
if this lock is there.....
then every on-premise solutions will have a cloud solution.....
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SOLAR01 - BPR content for Oil and Gas - JVA processes

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We are dealing with the creation of the structure (scenario, processes and steps) for a Oil and Gas project trying to use BPR. In order to locate the right process we are dealing with Solution Composer, with configuration variants from the Oil and Gas Soluton Map. We are not able to find any of those processes in the BPR. We look any process with joint or venture words in it but there is none. We have Solman 7.01, stack 25 and ST-ICO 150 level 27 (the latest available)
Any suggestions?
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Esteban Hartzstein

Hi Vinay,
This entirely a business and consulting decision. In general its good to have different templates for bulk fuels, Crudes, Packed lubes/Gas, and aviation. This still depends on the volume of business in a particular line.
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Need Role Design for Oil and Gas industry

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Hi Mythily,
If you already know something about explortion of oil, then you will find PRA (production and revenue acconting) interesting. This module deals with exploration of oil and gas and then distributing the revenue to owners.
You can find detailed information in help.sap.com. Follow the link given below for PRA help:
http://help.sap.com/saphelp_oil46csp2/helpdata/en/ec/9d2c3adcc8431be10000000a114084/frameset.htm
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Template implemntation for oil and gas business with business line of aviat

While standardizing processes across country for a oil and gas business which has implemented SAP ,do a standard template for a fuel business should be used or specific templates for lubes, aviation business lines be used

Hi Vinay,
This entirely a business and consulting decision. In general its good to have different templates for bulk fuels, Crudes, Packed lubes/Gas, and aviation. This still depends on the volume of business in a particular line.
Regards,
Ashutosh

Upstream documentation link/details in SAP IS Oil and gas?

Hi
I was looking for some documentation on upstream activities (Exploration and Production) in the SAP IS Oil solution.
The below link provides me the path to my SAP Oil and gas but not anything on upstraem activities:
http://help.sap.com/saphelp_oil46csp2/helpdata/en/67/bfa73ad9ccf101e10000000a11402f/frameset.htm
can somebody please let me know the path or any help on the same.
Thanks

Hi Rajiv,
Please check this link.
http://help.sap.com/saphelp_oil472/helpdata/en/ec/9d2c3adcc8431be10000000a114084/frameset.htm
I hope this will solve your problem.
Regards,
Aditi

Oil and Gas Client Discussion on PRA Processes

Hello
My customer, a major company in the oil and gas industry, would like to obtain some key functional/application contacts, for a Client to Client call. The outline of the call(s) will be to discuss certain: process overview, (ii) process pain points, (iii) process compare for best practices,alleviations of pain points. My client envisions these cross-calls in the future on various topics, again to help understand and share how other customers execute a process, understand where and why there are difference, etc.
The first area of interest is PRA.
Areas of Interest/SubAreas
PRA>Division of Interest (DOI) transfers
maintenance, JV and Reporting
PRA>Prior Period Adjustments
PRA>Checkwrite process and Reporting
REQUEST: For each sub request above, would you be willing to join a discussion to share the details of your (or client's) process.

Recommend you connect with Stephane Lauzon - if you haven't already done so - in our Oil & Gas Industry Solutions Management team responsible for this area of solutions and get connected with the customers and workstreams within the Integrated Digital Oilfield Operations community he co-manages with leads from the Industry at HESS and ConocoPhillips.

Oil and gas (lubricant oil)

Dear fico experts,
I am new to oil and (gas lubricant oil) industry. We are preparing the documentation for the oil and gas regarding the benefits in SAP FICO module. Kindly help me to prepare the documents and if you have any documents regarding this please provide.
Regards,
Venkataswamy

Recommend you connect with Stephane Lauzon - if you haven't already done so - in our Oil & Gas Industry Solutions Management team responsible for this area of solutions and get connected with the customers and workstreams within the Integrated Digital Oilfield Operations community he co-manages with leads from the Industry at HESS and ConocoPhillips.

Need help in IS Oil and Gas

Hi All,
I have 3 years of Experience in SAP ABAP. Now i got an oppertunity to work on SAP IS oil and Gas. I don't have any Idea on IS oil and gas. how to start learn and is i am the suitable person to learn with ABAP knowledge. I have only one advantage that my educational back ground is Geophysics(Studay abt how to explore oil and gas ). Is my educational background advantage for me?
Our company people told me to decide in a week wether i am intrested or not.
if i am willing to start on IS oil and gas, which one is best for me.
could anybody suggest me.
Thanks,
Mythily Guptha

Hi Mythily,
If you already know something about explortion of oil, then you will find PRA (production and revenue acconting) interesting. This module deals with exploration of oil and gas and then distributing the revenue to owners.
You can find detailed information in help.sap.com. Follow the link given below for PRA help:
http://help.sap.com/saphelp_oil46csp2/helpdata/en/ec/9d2c3adcc8431be10000000a114084/frameset.htm
Reading some of the material will give you more clarity whether you like it or not.
And it is perfectly fine to have ABAP knowledge, that will help in going deep into Oil and gas.
Rgds,
Abhishek

Language conversion IS Oil and Gas Menu

Hi Gurus,
Can anyone help me to understand how to get LANGUAGE SPECIFIC IS oil and Gas menu when we log in a specific language other than english. Right now i am able to view ECC 6.0 Menu in other SPECIFIC LOGIN LANGUAGE but IS Oil and Gas related menu and objects still appear in English.
If anyone has done similar activity can guide please..
Regards

1. ERP 6.0 and higher, you donot need a separate box. Lower releases need a separate box.
2. Please check help.sap.com for IS-OIL. In general SD and MM processes in Oil&Gas are important. Also Oil&Gas specific things like Commodity pricing,Quantity Conversions, exchanges, transportation are imporant.

IFRS Solution for JV Accounting - Oil and Gas

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