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/PRA/OIL_PRA_RM1: PRA Road Map Year 1 ( RELN/PRA/RELN_PRA_RMY1 )

/PRA/OIL_PRA_RM1: PRA Road Map Year 1 ( RELN/PRA/RELN_PRA_RMY1 )

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/PRA/OIL_PRA_RM1: PRA Road Map Year 1

Use

As of SAP PRA SECOND GEN 1.0 (for ERP 6.0 EhP5 and higher) the business function PRA Road Map Year 1 (PP, ONRR, CA, Production enhancements and new innovations) is available.

New payment process and supplementary reporting version in the Process or Tax 2.0 framework with better process control for:

  • Tax Reporting – Replaces the old tax reporting
  • North Dakota Tax Reporting

  • Colorado Severance Tax Reporting

  • Louisiana Tax Reporting

  • Colorado Conservation Tax Reporting

  • Kansas Tax Reporting

  • Annual Tax Withholding Reporting (1099)
  • Payment Processing – Replaces Check Write
  • Office of Natural Resources Revenue – Replaces MMS 2014
  • Contractual Allocations – Extended rounding rules to consider partners with small interest
  • Responsibility Area – New concept of responsibility assignment, which is used in Payment Processing and ONRR
  • Coal bed Methane – Well completion can be categorized as coal bed methane well for regulatory reporting purpose
  • API well numbers enhancement
  • Check Input – Minor usability enhancement

Effects on Existing Data

Effects on Data Transfer

Effects on System Administration

Effects on Customizing

Further Information

Release Note maintained in the Application Help






BAL Application Log Documentation   RFUMSV00 - Advance Return for Tax on Sales/Purchases  
This documentation is copyright by SAP AG.

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