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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:

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

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What is Implementation Essentials 1z0-516 Certification Exam and Retake policy

Oracle Cloud Certification credentials are valid for a period of 18 months from the date you earn the credential. The credential will become inactive at the end of 18 months. Oracle requires candidates to hold an active credential in order to access certain certification benefits including, without limitation, use of Oracle certification logos, e-Certificates, score reports, digital badges and certification verification.

All the candidates must wait 14 days before retaking a failed proctored exam. (Registration will be allowed on the 14th day). Candidates may not retake a passed exam at any time and may not retake a beta exam at any time. Also, candidates are only allowed 4 attempts to pass an exam in a 12-month period.

Get a sound understanding of Oracle E-Business Suite, including navigation, key business flows, functionality, and integration points between products. Smoothly implement and start using the applications, so that your organization can quickly realize the full value of Oracle E-Business Suite.

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

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

The following will be discussed here:

• Explain the anatomy of a budget
• Financial Budgeting
• Translate budget balances
• Apply Budget Rules
• Review balances in Master/Detail budgets
• Use available Standard budget reports
• Explain the components of budget accounting cycle
• Explain Budget Entry methods
• Plan Budget implementation requirements
• Perform budget review and correction
• Create budgets with Budget Wizards
• Transfer budget amounts
• Define budget and budget organization

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