The key features of the SAP PSA module are:
- Automated cost recovery (full integration with JVA)
- Production allocation to (government) royalties and (contractor) costs
- Flexible entitlement calculations for all parties (government, contractor, venture partners)
- Production revenue pricing methodology
- Lifting and storage entitlement management
- Transfers & swaps handling
- Modelling planning scenarios (CO planning integration)
- Internal and external reporting, tracking capabilities
The process cycle is the following:
- Cost Rollup (eg. from JVA to PSA)
- Production volumes and pricing update
- Adjustments
- Actual Entitlement Calculation
- Reporting
To be continued…
Hi Gilles,
Good job !
Thank you very much for sharing your knowledges about it.
Does it really work in SAP ?