Learn SAP Production Revenue Accounting(PRA)
Master PRA if you are end user or an in SAP PRA IT.
Video Course: 40+ lessons that teaches you PRA quickly
PRA is a great niche field to be in as very few people know it!
- 1With over 40 lessons, you will learn they key area of PRA
This is not one of your overview courses where they teach you the overview of PRA, but you get into the details of various modules of PRA
- 2Understand the Oil and Gas business
The Oil and Gas business is something that needs to be understood well in order to lead meetings and propose solutions for the business using PRA. Learn how SAP PRA is helping the business. Understand what the configuration steps are doing to the business.
- 3After the end of each section, get tested with a quiz that tests whether you have understand all the topics covered and provides you with explanations so that all the material sinks in.
- 4Don't get stuck
Just reach out when you need any help.
- 5Stay up to date with the latest changes in PRA
The Course gets updated with additional lessons with S/4 HANA or if we come across anything new that needs to be updated. You get lifetime access for being an early adopter.
All The PRA Modules that you get with this SAP PRA training Course
6 Video Courses that will will help you get [the main benefit of the course]
PRA and Oil and Gas- Big picture
# of lessons-2
Understand the big picture of JVA and Oil gas so it is easy for you to understand the rest of the course.
# of lessons-9
Learn how to create wells, well completion dates, measurement points, producing entities
and other master data needed
Balance sheet manipulation and other month end processes
# of lessons-4
Create measurement points, delivery network, delivery network downstream node and other setup needed
Daily transactions and PPNS
# of lessons-5
Setup a delivery network allocation profile, Measurement Allocation Profile, do a well test, enter daily volumes, setup production allocation, Well completion downtime and process PPNS
# of lessons-10
Generate production reports by setting up the configuration for them. Understand how reports fetch data for production. See what are the settings required for running these reports
# of lessons-9
Dive into Ownership of PRA. Set up PRA ventures, Base DOI, Business associate, vendors and customers. Setup ownership Xref and a transfer request.
Contract Pricing and Allocation
# of lessons-5
Understand and process contract pricing and allocations
Revenue Accounting etc.
# of lessons-4
Go through the Revenue accounting module by running valuations and pay the owners
Why should you learn PRA?
Do you find it harder to get a job after every project?
Your skills are getting better, your experience is increasing, but why is it harder to get a job with a good rate?
In order to maintain a good rate, you have to get on a plane every Monday and come back on Thursday.
Every few months you wonder if you will get laid off or if your project will get extended?
The feeling of not knowing if your project will continue is horrible!
You start wondering if you should choose money or sacrifice the money and spend more time with your family
But it sucks to reduce your pay despite improving your SAP skills
You talk to your coworkers in the break room and they have the same questions, is the market hot? is our project going to extend? will the project go to another company?
What got you here will not take you there
Do you remember Kodak, Yahoo and Nike?
They were the coolest companies not too long ago
What happened to them?
They failed to adapt
Now, I am not saying that the market is switching to PRA, but I am saying that you need to be flexible and can't be a one trick pony.
Just being good at FICO was in demand 10 years ago, but you need to learn something else that not everyone is learning.
Get into the Oil and Gas industry before others flood this market as well.
The Riches are in the niches.
Increase your billing rate by specializing in skills that others don't have.
Awesome stuff you get with this
SAP PRA training Course
40+ Video lessons that cover everything from configuration, common issues, business scenarios and more.
Understand the business process and oil and gas terms
Quizzes at the end of a section to really test your understanding of what is taught.
PRA COURSE CURRICULUM
2_PRA_crude oil and how it is formed
3_PRA_Upstream midstream downstream
4_PRA_Producing entitiies- field reservoir platform
Let's check our understanding
6_create a well in SAP
7_well completion and wc dated
8_Config for producing entities
How well do you understand production
11_Delivery Network Downstream node
12_Material Xref- second well
14_well test and mp daily volumes
16_WC downtime and recap of allocation
18_config for Measurement points
Production Allocation quiz
18.1_Production reporting config
19_Production reporting_generate a report
20_Production reporting_finalize a report
22_Create a PRA venture and Base DOI
23_Business associate, vendor and customer
24_Maintain DOI owners and Xref
25_Ownership config and recap
31_Ownership transfer request
26_Contracts and contract allocations
27_CA alllocation spool
30_Pay the owners
33_Gas well process
35_gas spf statements
36_Marketing group assignments
Daily transactions quiz
Is This Course Right For You?
This course is for End users and SAP IT people. Anyone working in the FICO or Oil and Gas industry will find it easier to understand, but it is not a prerequisite.
Who is this for
Who is this not for
100% Guarantee that you will Learn SAP PRA
Sapsharks guarantees that you will understand the PRA process and master it if you practice the lessons that are taught. There is no other course on the market that comes even close to delivering the amount of PRA info that this course has.
You also get these cool bonuses along with your videos
As an early adopter, you get all these bonuses for free.
Access to ask questions in the group
Ever get stuck for hours, days or even weeks figuring out an issue. Just reach out and ask others your questions in the discussions section.
(Only for the pro and private group)
Free JVA configuration document
This step by step configuration document makes it very easy for you to refer to any JVA steps. JVA is very closely integrated with PRA
Free Business process guides
Step by step documents that show you how to process PRA transactions. Refer to these when you are training the users or when you need a refresher( will be provided in the future)
Get access to your PRA training
I stumbled upon this while searching for SAP FICO training to improve on my skills and it helped me step by step from scratch, I didn’t need any additional help.
I would recommend this for anyone who is looking for training that is different from a YouTube video- it has more practical examples which were easy to follow through
I liked the certificate of completion that I get once finishing a course
This classes are organized, thorough and really helped me understand SAP PRA at a level of detail I don't think I could find anywhere else. The class was well paced, had real-life examples and the instructor communicates very clearly.
I highly recommend it for anyone looking to learn SAP PRA/ Joint Venture Accounting / Vendor Open Management and many other courses
Instructor sometimes deliberately makes errors to show us what errors to expect and how to fix them . This is as close as you can get to real life SAP Implementation
I bought and attending different online training, but this one is the best. The instructor is engaging and using real examples. He knows about what he is talking. Each topic is explained very clear without using a long video.
I recommend this training for everyone interested in SAP PRA, and it is suitable for both junior and seniors (end-users and consultants). And for those who are preparing for SAP Certifications. I bought three different classes after attending one class and being very satisfied.
This course is the best...short videos for each topic and explained very well.Weekly reminder about your status.
Keep doing great work !
Here are answers to some frequently asked questions:
Is PRA in demand?
PRA is very popular in the Oil and Gas industry. Very few people are good at it so the rates of PRA are very good. Regular SAP modules like FICO are getting saturated and the rates are going down.PRA is a niche skill that will help you progress in your career. This SAP PRA training will ensure that you master this niche skill.
Is this training live or recorded?
This SAP PRA training is professionally recorded. Live training has a lot of distractions as other students might ask questions and distract the class or the class might move at a very fast pace and you might skip learning something important.
How long do I have access to the course?
As an early adopter, you will have lifetime access to this PRA online course. This will include free updates to the course.
What happens after I make a payment.
After you make a payment, you will be sent a link to enroll in the PRA class. Currently, this process is not automated. We usually send you the link in a few hours. Please contact info@sapsharks if you made a payment and did not receive the link.
What do you cover in your training
Details can be found in the "course details" section above.
Do you provide job placement?
We do not provide job placements, however since we work in the Oil and Gas field, we often get requests for PRA experts.
Do you provide in person training?
In person SAP PRA training is only available for corporations. Please contact us at email@example.com to discuss.
Do you provide system access?
We do not provide system access. We just provide the best PRA training. You can easily get system access for cheap by searching on the internet.
Will this course be updated?
Yes this course will be updated in the future. We have a team of people who specialize in PRA. We update these courses with what we encounter at work.
Is my payment secure?
Yes, you make your payment through Stripe, Paypal or Google Pay. We do not have access to your payment information.
How long are the videos?
The videos are between 5-10 minutes long. We recorded the videos in a way that it is easy to watch and the classes cover the business aspects as well as configuration and master data. We understand that no one has time to watch long boring videos.