SAP JVA Training (Joint Venture Accounting)
SAP JVA training teaches you Joint Venture Accounting, the SAP solution for businesses that share project cost and revenue with partners, most commonly in oil and gas and mining.
- 30 hours
- Intermediate
- Live online
What is SAP JVA Training (Joint Venture Accounting)?
SAP JVA training teaches you Joint Venture Accounting, the SAP solution for businesses that share project cost and revenue with partners, most commonly in oil and gas and mining. You cover venture, equity group and partner master data, equity determination and changes, the cutback process that allocates cost to partners, partner netting and joint interest billing, cash calls and their settlement, operated and non-operated venture handling, carried interest and its unwinding, overhead and expenditure types, and the reporting and audit requirements around joint operations.
What you get
- Explain joint venture accounting and the operator's obligations
- Configure ventures, equity groups and partner master data
- Set up expenditure types and overhead calculation
- Run and reconcile the cutback process
Who this course is for
New to the field
- Joint venture accountants moving into SAP
- FI consultants entering energy and mining
- Finance staff at operated ventures
Working professionals
- Consultants on an upstream finance programme
- Teams implementing or supporting JVA
- Anyone supporting joint interest billing
Prerequisites
- SAP FI knowledge is required.
- CO and PS familiarity helps.
- Joint venture or upstream accounting experience is a strong advantage.
What you will be able to do
- Explain joint venture accounting and the operator's obligations
- Configure ventures, equity groups and partner master data
- Set up expenditure types and overhead calculation
- Run and reconcile the cutback process
- Process partner netting and joint interest billing
- Manage cash calls and their settlement
- Handle carried interest and non-operated ventures
Salary range
- India
- 10-32 LPA
- United States
- 120k-170k
Market ranges for SAP JVA Consultant, not a guarantee. Actual pay depends on experience, location and employer.
Curriculum
Joint venture accounting foundations
Understand the commercial arrangement before the postings.
- Why joint ventures exist in energy and mining
- Operator and non-operator roles
- Joint operating agreements and their accounting terms
- JVA within SAP FI and CO
- Organisational structure for JVA
- JVA and the Universal Journal in S/4HANA
- Key JVA transactions and reports
- Scoping a JVA implementation
Master data: ventures and equity
Model the venture and who owns what share.
- Venture master data
- Equity group definition
- Equity share and effective dating
- Partner master data and business partner roles
- Equity change and retroactive adjustment
- Venture class and venture type
- Cost object assignment to ventures
- Master data governance for ventures
Expenditure, overhead and cost gathering
Collect the cost that will be shared.
- Expenditure types and their configuration
- Cost objects: cost centres, WBS, orders
- Overhead calculation in JVA
- Non-billable and non-operated cost
- Suspense and its resolution
- Integration with MM and PS postings
- Cost gathering period and cut-off
- Validating cost before cutback
Cutback
Allocate cost and revenue to partners, correctly.
- What cutback does and why it exists
- Cutback configuration and steps
- Cutback run and its documents
- Partner share calculation
- Cutback reversal and reruns
- Retroactive equity change handling
- Cutback error analysis
- Reconciling cutback to the general ledger
Partner netting and billing
Turn partner shares into money owed.
- Partner netting concepts
- Netting run and its results
- Joint interest billing statements
- Billing document generation
- Partner receivable posting
- Statement formats and partner requirements
- Disputes and resubmission
- Integration with accounts receivable
Cash calls and funding
Collect money from partners before you spend it.
- Cash call types and purposes
- Cash call creation and issue
- Cash call settlement against actuals
- Over and under funding handling
- Interest on late payment
- Cash call reporting
- Non-operated cash call receipt
- Cash management interaction
Carried interest, reporting and operations
Handle the harder arrangements and prove the numbers.
- Carried interest concepts
- Carry configuration and tracking
- Carry recovery and unwinding
- Non-operated venture accounting
- Standard JVA reports
- Partner audit support and evidence
- Month-end and year-end JVA close
- Common production issues in JVA
Projects you will build
Venture setup and cost gathering
Configure a venture with an equity group and partners, post cost through MM and PS, and validate it before cutback.
Cutback and billing cycle
Run cutback, resolve an error, then run partner netting and produce joint interest billing statements with a receivable posting.
Equity change and cash calls
Process a retroactive equity change with adjustment, then issue and settle a cash call against actual expenditure.
Tools you will use
- Venture and equity group master data
- The structures that define who shares what.
- Cutback processing
- The allocation run at the heart of JVA.
- Partner netting
- Consolidating partner positions before billing.
- Joint interest billing
- Statements and receivables issued to venture partners.
- Cash call processing
- Funding requests and their settlement against actuals.
- JVA reporting
- Standard reports used for partner reporting and audit.
Certification
- Exam
- SAP has no current public associate exam for Joint Venture Accounting. We prepare you against SAP's JVA product documentation and learning content, with the S/4HANA Financial Accounting exam as the nearest credential.
What learners say
Cutback reconciliation is the whole job and it is taught here properly, including how to trace a failure back to equity master data.
I knew the JOA terms and not the system. The carried interest module was the part I could not learn anywhere else.
A genuinely differentiating specialisation. Very few FI consultants can talk credibly about cash calls and netting.
Fees and training modes
Choose how you want to learn. No-cost EMI is available on the live and 1-to-1 modes.
Most popular
Live Online Training
Talk to us
Contact for current batch fee
Interactive live batches, weekday or weekend, with the full cohort and lifetime recordings.
Fastest
1-to-1 Training
₹49,000
Fixed for every course, no-cost EMI
Private one-on-one coaching at a pace and schedule you set.
Affordable
Self-paced Training
₹9,000
One-time fee, lowest-cost option
Learn on your own time with recorded sessions and the same materials.
Refunds and cancellations are covered in our refund policy.
What a day looks like
- Cutback support
- A cutback that failed or produced numbers that do not reconcile, usually equity or master data.
- Partner queries
- A partner disputing a billed share, which means tracing cost back through cutback to source documents.
- Equity changes
- Retroactive share changes after a farm-in or farm-out, and the adjustments they trigger.
- Cash call cycle
- Issuing calls, chasing funding and settling against actuals.
- Audit support
- Partner audits are routine in joint ventures, so evidence and traceability are constant work.
Training a team?
We run this course as private corporate training, tailored to your systems and scheduled around your team. Tell us your group size and what you need to cover.
Request a corporate quoteFrequently asked questions
Is there a JVA certification?
Do I need FI experience?
Is JVA only for oil and gas?
Does JVA work in S/4HANA?
How does JVA relate to PS?
Is there hands-on access?
Ready to start?
Talk to us about batch dates, the syllabus or anything else.