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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:
- Describe the benefits of Workflow
- Identify the steps to implement a Flexfield
- Describe Flexfields and their components
- Plan the key elements of Web Applications Desktop Integrator (Web ADI)
- Define how to perform Account Inquiries & Drilldown to Oracle Subledger Applications
- Describe R12 E-Business Suite architecture
- Import journal entry information using the GL_INTERFACE table
- Describe the benefits of R12 E-Business Suite
- Describe how journal entries are positioned in the accounting cycle
- Basic Journal Entries
- Fundamentals of Workflow and Alerts
- Utilize Web ADI profile options, forms functions, menus, and responsibilities
- Define Web ADI setup options for key flexfields
- Define value sets and values
- Explain Workflow concepts
- Explain the footprint of R12 E-Business Suite
- Fundamentals of Flexfields
- Define Key Flexfields
- Describe the different Journal Posting options
- Introduction to Oracle Applications R12
- Define Descriptive Flexfields
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Certification Path
Oracle E-Business Suite R12.1 General Ledger Essentials 1z0-516 is a fundamental exam. Successful completion by candidates will allow them to achieve Oracle E-Business Suite 12 Financial Management Certified Implementation Specialist: Oracle General Ledger status.
How much Oracle E-Business Suite R12.1 General Ledger Essentials 1z0-516 costs
- Length of Exam: 150 min
- Types of questions: Performance Based Questions
- Examination Name: Oracle E-Business Suite R12.1 General Ledger Essentials 1z0-516
- Examination Fees: $250 USD
- Passing Score: 60% or higher
- No. of Questions: 80 Questions
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Understanding functional and technical aspects of Oracle Planning 2020 Implementation Essentials 1z0-516 Fundamentals of Multi-Org
The following will be discussed here:
- Explain how Multi-Org secures data
- Describe the types of organizations supported in the Multi-Org model
- Explain the entities of Multi-Org
- Explain Enhanced Multiple-Organization Reporting
- Fundamentals of Multi-Org
- Explain Multi-Org preferences
- Define Multiple Organization (Multi-Org)
- Identify key implementation considerations for Multi-Org
- Define Multi-Org Access Control
- Explain the concepts of subledger accounting
Oracle 1Z0-516 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| E-Business Essentials | 20% | - Understand flexfields and Web ADI - Explain Multi-Org fundamentals - Navigate R12 Oracle Applications - Describe E-Business Suite architecture and shared entities |
| Multi-Currency and Consolidations | 15% | - Define and use multiple currencies - Perform consolidations and elimination sets - Translate and revalue balances |
| Budgeting, Reporting and Period Close | 20% | - Use summary accounts and balances - Set up and maintain budgets - Generate financial reports - Execute period-end and year-end closing |
| Journal Processing | 20% | - Create, review, and post journal entries - Manage recurring and mass allocation journals - Handle journal reversals and approvals |
| Accounting Setup and Security | 25% | - Implement data access security - Define ledgers and ledger sets - Create and manage chart of accounts - Use Accounting Setup Manager |
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