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1Z0-516 - Oracle EBS R12.1 General Ledger Essentials is an essential exam for Oracle Other Oracle Certification certification, sometimes it will become a lion in the way to obtain the certification. Many candidates may spend a lot of time on this exam; some candidates may even feel depressed after twice or more failure. Right now you may need our 1Z0-516 dump exams (someone also calls 1Z0-516 exam cram). We believe if you choose our products, it will help you pass exams actually and also it may save you a lot time and money since exam cost is so expensive. Oracle 1Z0-516 exams cram will be your best choice for your real exam. We DumpExams not only offer you the best dump exams but also golden excellent customer service.
Understanding functional and technical aspects of Oracle Planning 2020 Implementation Essentials 1z0-516 Financial Reporting
The following will be discussed here:
- Use key elements of the Financial Statement Generator (FSG) for creating financial reports
- Explain the positioning of Financial Reporting within the Oracle General Ledger business flow
- Use Standard listing reports available for FSG report definitions
- Financial Reporting
- Create FSG Reports with XML Publisher
- Build basic reports
- Explain key implementation issues regarding Oracle General Ledger financial reporting
- Use Web ADI for Financial Reporting
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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:
- Utilize the Account Hierarchy Manager to view and maintain Accounting Flexfield values
- Accounting Setups
- Create Accounting Setups
- Perform the Secondary Ledger Setup steps
- Describe the basic components of Accounting Setup
- Describe Ledger Balancing Segment Value Assignments
- Describe the important elements for creating a Chart of Accounts structure
- Describe the elements required to create a ledger within Oracle General Ledger
- Explain overview of Consolidations and their positioning within the Oracle General Ledger business flow
- Perform the Primary Ledger Setup steps
- Use the elements of the Consolidation Workbench
- Complete Accounting Setup
- Identify the key implementation issues regarding consolidations
- Use the features and functionality of Global Consolidation System (GCS)
- Creating a new Accounting Flexfield structure
- Consolidations
- Use Standard reports and inquiry options available for consolidations Ledger
- Describe the various Subledger Accounting Options
- Create eliminating entries
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Average Salary of Oracle E-Business Suite R12.1 General Ledger Essentials 1z0-516Certified Professionals
The average salary:
- India - 6,71,117 INR
- United State - 151,682 USD
- Europe - 100,440 EURO
- England - 75,267 POUND
Understanding functional and technical aspects of Oracle Planning 2020 Implementation Essentials 1z0-516 Introduction to Oracle Applications R12
The following will be discussed here:
- Utilize Web ADI profile options, forms functions, menus, and responsibilities
- Introduction to Oracle Applications R12
- Describe how journal entries are positioned in the accounting cycle
- Describe R12 E-Business Suite architecture
- Describe the different Journal Posting options
- Explain Workflow concepts
- Define Web ADI setup options for key flexfields
- Define value sets and values
- Define Descriptive Flexfields
- Plan the key elements of Web Applications Desktop Integrator (Web ADI)
- Identify the steps to implement a Flexfield
- Define how to perform Account Inquiries & Drilldown to Oracle Subledger Applications
- Describe the benefits of R12 E-Business Suite
- Basic Journal Entries
- Describe the benefits of Workflow
- Explain the footprint of R12 E-Business Suite
- Fundamentals of Workflow and Alerts
- Describe Flexfields and their components
- Define Key Flexfields
- Fundamentals of Flexfields
- Import journal entry information using the GL_INTERFACE table
Oracle 1Z0-516 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Accounting Setup and Security | 25% | - Use Accounting Setup Manager - Create and manage chart of accounts - Define ledgers and ledger sets - Implement data access security |
| Topic 2: E-Business Essentials | 20% | - Explain Multi-Org fundamentals - Describe E-Business Suite architecture and shared entities - Understand flexfields and Web ADI - Navigate R12 Oracle Applications |
| Topic 3: Budgeting, Reporting and Period Close | 20% | - Execute period-end and year-end closing - Set up and maintain budgets - Generate financial reports - Use summary accounts and balances |
| Topic 4: Journal Processing | 20% | - Create, review, and post journal entries - Handle journal reversals and approvals - Manage recurring and mass allocation journals |
| Topic 5: Multi-Currency and Consolidations | 15% | - Translate and revalue balances - Define and use multiple currencies - Perform consolidations and elimination sets |
