SAP Joint Venture Accounting

There are many queries floating on the net about S/4HANA modules for IS-Oil in upstream, midstream, and downstream. This blog will explain the S/4HANA-based Oil, Gas and Energy sub-modules now referred to as process components available within n... Read More »

Introduction to Joint Venture Accounting (JVA) Several Customers in the Oil & Gas business generally use a combination of mature SAP systems or non-SAP systems to manage their ventures in the different company codes and regions. Companies... Read More »

Following the blog series of enterprise event enablement and the possible ways to produce and consume an event in SAP BTP ABAP Environment and SAP S/4 HANA Cloud, here I would like to show you how you can create RAP Business Events in an OP... Read More »

The simple definition of  joint venture (JV) is a business arrangement where two or more parties pool their resources for the purpose of accomplishing a specific task.* * According to investopedia... Read More »

Introduction Would you like to use the Universal Journal for Joint Venture Accounting to automatically reconcile accounting data, but you don’t know yet how to change from your current system? In this article I give you an overview of the... Read More »

Introduction. After working with SAP for more than 15 years and travelling across the Globe for SAP Projects one issue I always use to have how can I keep track of all the SAP Transaction Code associated with different Modules. If you are working as... Read More »

SAP S/4HANA 1909 is released on 20th September. This also makes available with SAP Central Finance (CFIN) 1909. Central Finance is in such a stage where features are added each time and also their are some key features missing like Asset accounting... Read More »

                           

This post provides an overview of changes in S/4 HANA from the Joint Venture Accounting (JVA) perspective. S/4 HANA requires new asset accounting, customer vendor integration and the new GL. The prerequisite details can be found in my previous post... Read More »

JVA module is a common functionality for virtually any Upstream Oil&Gas company. In this post I will share a simple tip on the JV Equity Group that helps to avoid a default value coming from corporate Company code data.  This should improve... Read More »