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SAP Oil & Gas- Production & Revenue Accounting Training

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Master the nuances of SAP Oil & Gas: Production & Revenue Accounting! Multisoft Virtual Academy presents a comprehensive training course designed for professionals seeking industry-aligned insights. Elevate your career with hands-on experience and world-class instruction. Enroll today and shape the energy sector's future.

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Instructor-led Training Live Online Classes

Suitable batches for you

12 Jul 2025 24 06:00 PM - 09:00 PM Sat, Sun
13 Jul 2025 24 06:00 PM - 09:00 PM Sat, Sun
19 Jul 2025 24 06:00 PM - 09:00 PM Sat, Sun
20 Jul 2025 24 06:00 PM - 09:00 PM Sat, Sun

Course Price At

$ 550

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Instructor-led Training Live Online Classes

12 Jul 2025 24 06:00 PM - 09:00 PM Sat, Sun
13 Jul 2025 24 06:00 PM - 09:00 PM Sat, Sun
19 Jul 2025 24 06:00 PM - 09:00 PM Sat, Sun
20 Jul 2025 24 06:00 PM - 09:00 PM Sat, Sun

Course Price At

$ 550

Enroll Now
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Online Self Learning Courses are designed for self-directed training, allowing participants to begin at their convenience with structured training and review exercises to reinforce learning. You’ll learn through videos, PPTs and complete assignments, projects and other activities designed to enhance learning outcomes, all at times that are most convenient to you.

Course Price At

$ 550

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Instructor-Led Online Training Parameters

Course Highlights

  • Duration: 24 Hrs.
  • Subject Matter Expert
  • After Training Support
  • Lifetime E-Learning Access
  • Recorded Sessions
  • Free Online Assessments
SAP Oil & Gas Production & Revenue Accounting Training Course Syllabus

Curriculum Designed by Experts

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The SAP Oil & Gas: Production & Revenue Accounting course offered by Multisoft Virtual Academy is meticulously designed to equip professionals with in-depth knowledge and industry-aligned skills. Participants will delve into the core functionalities of SAP's Oil & Gas module, gaining proficiency in managing hydrocarbon production, revenue distribution, and joint venture accounting. This comprehensive training encompasses both theoretical concepts and hands-on exercises, ensuring learners can effectively handle real-world challenges. Understand the intricacies of upstream operations, from well production to revenue realization. Grasp key topics such as measurement, allocation, contracts, pricing, ownership, royalties, and equity determination.

Additionally, with Multisoft's seasoned instructors leading the sessions, participants are assured of learning best practices, ensuring they can immediately apply their knowledge in the evolving energy sector. Suitable for both novices and experienced professionals, this course is a stepping stone to a rewarding career in SAP for the Oil & Gas industry. Enroll now to transform your professional journey!

The SAP Oil & Gas: Production & Revenue Accounting course offered by Multisoft Virtual Academy is meticulously designed to equip professionals with in-depth knowledge and industry-aligned skills.

  • · Overview of the SAP Oil & Gas solution
  • · Industry-specific processes and challenges
  • · Integration with other SAP module
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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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  • · Finance and Controlling
  • · Materials Management
  • · Sales and Distribution
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  • · Scenario-based exercises that cover the end-to-end PRA processe
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  • · Best practices for implementing and maintaining PRA
  • · Tips and tricks for optimizing PRA processes
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  • · Common issues and resolutions
  • · Performance optimization tips
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  • · Overview of Fiori Apps relevant for Oil & Gas
  • · Setting up and using Fiori apps for PRA
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SAP Oil & Gas Production & Revenue Accounting Training Description

  • 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.

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

  • · Familiarity with standard accounting principles.
  • · Knowledge of enterprise resource planning (ERP) concepts.
  • · Previous experience with any SAP module (preferred, but not mandatory).
  • · A general grasp of business processes in the energy sector.

SAP Oil & Gas Production & Revenue Accounting Training Certification

Multisoft Virtual Academy provides a globally recognized training certificate to the participants, after successful completion of a training program. The training certificates are recognized and accepted across the world.

Multisoft Virtual Academy's training certificate comes with lifetime validity.

Aspirants can directly enroll for the desired course from the Book Now Button in the course page. You can also connect on Whatsapp at +91 8130666206 to talk with a training advisor. Multisoft Virtual Academy also offers customized training programs on a wide range of domains and skills.

All training programs offered by Multisoft Virtual Academy are delivered by certified industry experts, who have years of experience in the relevant domains. Multisoft Global Subject Matter Experts impart knowledge on a wide variety of training courses through one –on-one and corporate training sessions.

Multisoft Virtual Academy training certification can help participants stand out in the competitive job market. Since the training certificates are internationally accepted, participants can showcase their skills and knowledge to employers across the world.

SAP Oil & Gas Production & Revenue Accounting Corporate Training Certification

Interactive Virtual Training

Interactive Virtual Training

  • Global Subject Matter Experts
  • Step-by –Step Learning Approach
  • Instant Doubt Clearing
Lifetime Access

Lifetime Access

  • Lifetime E-learning Access
  • Recorded Training Session Videos
  • Free Access to Practice Tests
24x7 Assistance

24x7 Assistance

  • Help Desk Support
  • Doubt Resolution in Real-time
  • After Training Support
Hands on Experience

Hands on Experience

  • Project Based Learning
  • Learning based on real-life examples
  • Assignments and Practice Tests
Globally Recognized Training Certificate

Globally Recognized Certificate

  • Multisoft Training Certificate
  • Globally Recognized and Accepted
  • Lifetime Validity

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SAP Oil & Gas Production & Revenue Accounting Training FAQ's

Yes, Multisoft Virtual Academy offers post-training support to ensure participants can implement their learnings effectively in their professional roles.

Our course is tailor-made to emphasize both production and revenue accounting, ensuring participants gain a holistic understanding of the SAP Oil & Gas domain.

Yes, participants can access course materials for a certain duration post-training.

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

Absolutely! The course incorporates practical exercises and hands-on sessions to ensure participants can apply their knowledge in real-world scenarios.

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