SAP JVA TRAINING
SAP JVA TRAINING COURSE INTRODUCTION :
SAP JVA Training (Joint venture accounting) is you want to run a business there are a lot of business are available, you can run business sol preparator are if you want to add more investors and you can run business in form of partnership. If you want to raise money for various people then you can form a company.so there are various models in which you can run the business but at times you may have to come across some business opportunities where you would like to take thought business opportunity with someone else. Global Online Trainings the SAP JVA Training by best industry experts and industry updates.The SAP JVA Training is available for individual and corporate batches.
- SAP01 SAP overview
- Fundamental understanding of JVA principles
- Knowledge of Sap modules
- SAP FA
- SAP CO
- SAP MM
- SAP PS
SAP JVA ONLINE TRAINING COURSE CONTENT:
Introduction to SAP JVA
- Brief overview on SAP Oil and Gas
- understanding the fundamental ofJVA and its principles
Basic Overview on FI, CO, Material and PS related to JVA
- Detail concept of FI for JVA
- Detail concept of CO for JVA
- Detail concept of MM for JVA
- Detail concept of PS for JVA
SAP JVA Training - basic knowledge on
- What is Accounting Principles and Understanding of the Process
- Overview on Master data required for JVA
- How Integration done with other module
- Details Configuration related to Master data
Day- to- Day Processes
- About Posting of Transaction
- Configuration for the posting
- Display & Change document posting
- Brief overview on Operated Accounting
- Other Transactions
- Preparation of reports based on the transaction posted
Introduction to Periodic Processes
- Cutback detail process with customization
- Month End- Processing
- JV Billing detail process with the customizing
- Detail discussion on reports related to the JVA
Overview On SAP JVA Training :
Joint venture accounting Training is you want to run a business there are a lot of business are available, you can run business sol preparator are if you want to add more investors and you can run business in form of partnership. If you want to raise money for various people then you can form a company.so there are various models in which you can run the business but at times you may have to come across some business opportunities where you would like to take thought business opportunity with someone else, but you don’t want to get into permanent kind of relationship.
What is an SAP JVA Training?
Joint venture is basically temporary form of business, Joint venture is an agreement of mutual benefits between two or more people or business who have complementary resources
Activity of SAP JVA Training
There is a company name of ABC Ltd; ABC Ltd is doing business you can say the company is doing normal activity. So now ABC Ltd has an option has an offer of a contract for one year.so ABC is interested to take this offer or contract with continue their business normal activity but in this contract, Huge Capital is required and there is High Risk and we can say Long payback. Basically, Long payback means when they start this activity so they will get revenue after a long time, so that is long payback. So now ABC Limited to interest to take this offer but listen for that requirement of Huge Capital their High risk in this contract there is long payback. So ABC Ltd is just thinking if anybody interested to share the risk and capital is an investment we can see, so then it’s better we can take this contact, So then ABC Ltd try to find out some other partner. So HH Ltd is ready to take invest in this contract and ready to share the risk and ready to work on this contract with ABC Ltd.so now that has they formed a venture or we can say joint venture. So this business activity running by ABC Ltd. When the maintain books of accounts for this venture so that is called joint SAP Joint venture accounting Trainings.
SAP-JVA (SAP Joint Venture Accounting Trainings):
So for managing the books of accounts in SAP we have FI module, but now ABC Ltd wants to manage their books of accounts of business normal activity and as well as for joint venture so now they can also maintain books of accounts in FI module but its not as much clear and as much accurate as they want, so for this requirements SAP introduce a JVA module, so we have a separate module in SAP joint venture accounting Trainings. So now if ABC Ltd is using JVA accounting so then ABC Ltd can manage the books of accounts with JVA module, if ABC Ltd using a JVA module so can easily manage they books of accounts at venture level, or we can say if the required any details and reports so they can easily manage books of accounts expenses at venture level.we use this module parallel with using other modules like MM, SD, and CO.
Equity Type and equity Group of SAP JVA Training:
Equity Group of SAP JVA Training:
Equity group of SAP JVA Training when we create the joint operating agreement so we need to create equity-like equity group. When easy will be activated so we need to be decided that from is date activated, so equity type will playing r role that from is date equity group activated.we maintain the equity group in JV.
Equity type of SAP JVA Training:
Equity type Suppose we creating equity type ET01, So ET01 we decide that will effect from today.
Equity Adjustment of SAP JVA Training:
An equity change is a change in the equity group because of the inclusion of a new partner in the JV or the retirement of a partner from the JV during the course of the JV.
Difference between SAP Joint venture accounting Trainings and Partnership account:
- Meaning of joint venture is a very temporary association or you can say a particular task few two or more people come together particular task in SAP JVA Training.
- The joint venture is limited to a specific venture, but Partnership is not limited to specific venture.
- The partnership is a long-term association, you have more than two persons it is long-term joint venture is temporary and short-term.
- SAP Joint Venture Accounting Trainings objective could be two complete or take a particular venture, venture is a task or an activity that is given to you
- The objective of the Joint venture is two complete a particular task all undertake a particular venture or it is joint venture is formed to undertake a particular venture or particular task.
- The name means no separate name is given to the joint venture, the partnership has a particular name because it has you have particular XYZ name given. So no different name assigning to the joint venture. It is the same thing that is running
- According to the particular at your accounts are prepared all the activities are given by the partnership at
SAP Joint venture Accounting Trainings Advantages:
- You save the time, in a marketplace is costly to build a customer base that’s its take time customer build.
- Leverage “Piggypack Effect” if the list business owners as a given relationship their customer’s that trust are already there.
- High Net Profit for both parties Conversion with the risk.
- A local company buy share in the foreign company
- A foreign company buy the share in the local company
- A foreign company and a local company they together startup a new venture.
Merits of SAP Joint Venture Accounting Trainings:
- It increases resources & production capacity of SAP JVA Training.
- Access to new markets when two organization joining are joining hands together they get in access to each others markets, the market expands.
- Access to the latest technology of SAP JVA Training.
- Innovations they together are known for making innovation they are known for introducing new products for introducing existing products to new users.
- Low cost of other products
- They established a proper brand name.