Oracle 1Z0-516 : Oracle EBS R12.1 General Ledger Essentials

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How to Prepare For Oracle E-Business Suite R12.1 General Ledger Essentials 1z0-516

Preparation Guide for Oracle E-Business Suite R12.1 General Ledger Essentials 1z0-516

Introduction

The Oracle E-Business Suite 12 Financial Management Certified Implementation Specialist: Oracle General Ledger certification will help you build a functional foundation in E-Business Essentials. Certify your ability to access and navigate the R12 E-Business Suite, enter data, retrieve information in the form of a query and access online help to give yourself an edge against other candidates in the job market.

You will also develop a deeper understanding of Oracle General Ledger. Building these skills will allow you to perform simultaneous accounting for multiple reporting requirements and access and process data for multiple ledgers and legal entities at the same time. This is done using the power of ledger sets. OPN Members earning this certification will be recognized as OPN Certified Specialists, which helps their companies qualify for the Oracle E-Business Suite Financial Management Specialization.

This certification is for:

• Business Users
• Implementers
• Administrators

Reference: https://education.oracle.com/pls/web_prod-plq-dad/db_pages.getpage?page_id=5001&get_params=p_exam_id:1Z0-516

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Understanding functional and technical aspects of Oracle Planning 2020 Implementation Essentials 1z0-516 Accounting Setups

The following will be discussed here:

• Use the elements of the Consolidation Workbench
• Explain overview of Consolidations and their positioning within the Oracle General Ledger business flow
• Use Standard reports and inquiry options available for consolidations Ledger
• Perform the Primary Ledger Setup steps
• Accounting Setups
• Complete Accounting Setup
• Perform the Secondary Ledger Setup steps
• Describe Ledger Balancing Segment Value Assignments
• Utilize the Account Hierarchy Manager to view and maintain Accounting Flexfield values
• Identify the key implementation issues regarding consolidations
• Describe the important elements for creating a Chart of Accounts structure
• Use the features and functionality of Global Consolidation System (GCS)
• Describe the various Subledger Accounting Options
• Consolidations
• Creating a new Accounting Flexfield structure
• Describe the basic components of Accounting Setup
• Create Accounting Setups
• Create eliminating entries
• Describe the elements required to create a ledger within Oracle General Ledger

How much Oracle E-Business Suite R12.1 General Ledger Essentials 1z0-516 costs

• Types of questions: Performance Based Questions
• No. of Questions: 80 Questions
• Length of Exam: 150 min
• Examination Name: Oracle E-Business Suite R12.1 General Ledger Essentials 1z0-516
• Passing Score: 60% or higher
• Examination Fees: $250 USD

Oracle 1Z0-516 Exam Syllabus Topics: