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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:

• Implementers
• Administrators
• Business Users

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The average salary:

• United State - 151,682 USD
• Europe - 100,440 EURO
• India - 6,71,117 INR
• England - 75,267 POUND

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Oracle 1Z1-516 Exam Syllabus Topics:

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:

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