Exam Code: 1Z1-516
Exam Name: Oracle EBS R12.1 General Ledger Essentials
Certification Provider: Oracle
Corresponding Certification: Other Oracle Certification
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Understanding functional and technical aspects of Oracle Planning 2020 Implementation Essentials 1z0-516 Introduction to Oracle Applications R12

The following will be discussed here:

  • Import journal entry information using the GL_INTERFACE table
  • Fundamentals of Flexfields
  • Describe the benefits of Workflow
  • Define Key Flexfields
  • Define Descriptive Flexfields
  • Describe the benefits of R12 E-Business Suite
  • Define Web ADI setup options for key flexfields
  • Describe the different Journal Posting options
  • Define how to perform Account Inquiries & Drilldown to Oracle Subledger Applications
  • Describe how journal entries are positioned in the accounting cycle
  • Utilize Web ADI profile options, forms functions, menus, and responsibilities
  • Introduction to Oracle Applications R12
  • Explain Workflow concepts
  • Define value sets and values
  • Describe Flexfields and their components
  • Identify the steps to implement a Flexfield
  • Fundamentals of Workflow and Alerts
  • Plan the key elements of Web Applications Desktop Integrator (Web ADI)
  • Describe R12 E-Business Suite architecture
  • Explain the footprint of R12 E-Business Suite
  • Basic Journal Entries

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Understanding functional and technical aspects of Oracle Planning 2020 Implementation Essentials 1z0-516 Multi-Currency

The following will be discussed here:

  • Describe overview of Secondary Tracking Segment
  • Explain Multi-Currency concepts
  • Use Foreign Currency Reports
  • Multi-Currency
  • Perform Revaluation of foreign currency balances
  • Perform Foreign currency journals Entry
  • Use Currency Rate Manager
  • Translate functional balances into foreign currency

Understanding functional and technical aspects of Oracle Planning 2020 Implementation Essentials 1z0-516 Financial Reporting

The following will be discussed here:

  • Explain the positioning of Financial Reporting within the Oracle General Ledger business flow
  • Financial Reporting
  • Build basic reports
  • Use Web ADI for Financial Reporting
  • Use Standard listing reports available for FSG report definitions
  • Explain key implementation issues regarding Oracle General Ledger financial reporting
  • Create FSG Reports with XML Publisher
  • Use key elements of the Financial Statement Generator (FSG) for creating financial reports

Understanding functional and technical aspects of Oracle Planning 2020 Implementation Essentials 1z0-516 Fundamentals of Multi-Org

The following will be discussed here:

  • Explain Multi-Org preferences
  • Explain how Multi-Org secures data
  • Describe the types of organizations supported in the Multi-Org model
  • Define Multiple Organization (Multi-Org)
  • Identify key implementation considerations for Multi-Org
  • Define Multi-Org Access Control
  • Explain the concepts of subledger accounting
  • Explain Enhanced Multiple-Organization Reporting
  • Fundamentals of Multi-Org
  • Explain the entities of Multi-Org

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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