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Use Case Description

  • 1SAP Project was Business Process Harmonization Project.
  • 1SAP Project was implemented in different releases.
  • Impact of Chart of Account Simplification on SAP JVA & PRA Solution.
  • Integrate Interest on Inter Venture outstanding with Banking swaps using treasury & Finance Solution.
  • Release 3 of 1SAP Project, Joint venture Solution was assessed to be implemented New GL Accounting.

Solution Brief

  • Joint Venture Accounting Solution was designed & deployed taking in to account Chart of Account Simplification.
  • Joint Venture solution deployed with Operator as Operator, Operator as Partner accounting methodology.
  • New GL Accounting Solution of SAP was not chosen after detailed proof of concept & White Paper because of the cost benefit analysis.
  • 25 Company codes cutting across diverse Businesses were implemented.
  • JV Inter-venture Bank Switch and interest calculation on outstanding balance designed.

Delivery

  • Position Papers on impact of Chart of Account Simplification on Shadow Accounts & JV Cutback.
  • Position paper on Interest on JV Bank Account Switching .
  • Proof of Concept for New GL with JVA.
  • Joint Venture Accounting Solution was designed and deployed for Aluminum, Petroleum, Met Coal, Base Metal, & Group Functions assets of Customer.